"The Decade of EPIC Begins"
question.. how dumb is it to be 100% invested in silver and gold? I am easily at 50% now but I dont see any other investment out there... which makes me nervous...it cant be this easy..
I can't see silver closing the year below $50....pearl jam, you could safely diversify into oil, agriculture, uranium, rare earths, other energy plays.....
Mr SGS, any thoughts on todays OI numbers.OI = 39528, a loss of 11320 contracts, is that correct?
i know how to thank you but were is the slot to put the 1 ounce round into?mike
pearl jam...i am processing thru to all in....my stored wealth feels better in silver than paper....maybe one day this will change but not any time soonmike
all it will take is 8000 contracts and a few options contracts and the Comex is KAPUT!AC_Doctor
SGS - can you comment on CZN: Canadian Zinc Corporation...what are your thoughts on it? Thanks
Finn- that is exactly what I am diversified in.. agriculture, oil, rare earths.. just not nearly the percentage of gold/silver..Mike- I agree 100%Eva- I just bought some CZN today which means wait a bit, it is going to pull back!!
Pearl Jam - I bought some as well today...hoping it doesnt pull back..been moving down though so hoping it recovers a bit before the close
All I want is one more good dip! Will we get one?!?
MR. SGS, well done. It looks like zerohedge.com is reading your site, they just posted this video.
I particularly liked the ending of this video.. Keep it up SGS! ;)
You beat Tyler again!
@pearl jam It IS that easy. Well, I do have a 4-digit position on a Mexican junior silver producer that outpaced the recent uptick and a good Chinese equipment manufacturing company, but the remainder is in gold/silver physical that's in my own safe.It will remain easy. The district of clowns where congress meets is total buffoonery gone wild! Whenever Helicopter Ben runs more of that damned printing press of his, you can expect incredible things to happen to the dollar's intrinsic value and an inverse profile in both silver and gold. Yes sir, it IS that easy!Pfffft..
CZN- I'd be a buyer at 1.09 (pending market sentiment)if it wicks down, those sharp wicks mean trouble at the top, big iceburgs
Shores: Im on the road, check back later on metals update
Peter Schiff is saying not to own antique silver coins. Why? Is silver not silver?
Thanks SGS, hopefully you're out hunting Blythe or Maples.
Latest Lindsey Williams, check it out.I'm 50% oil (HOU.To), 50% silver (physical)At $175/barrel oil, I'm selling all and putting it into a USD short ETF (HDD.To) to get some play on the dollar collapse. Hell at $175 oil, short anything, especially the airlines, cause its all coming down hard. Just don't have it in USD.I only use Canadian TSX ETF's, I don't trust the USD.
@Anon-Schiff: With antique coins, you'll probably wind up paying a higher premium due to "perceived" numismatic value. Pure bullion is much preferred.
Consider that a portion of what you pay for on an antique coin is numismatic value, with some - that can be very significant. This premium may not count for much when the SHTF and is most useful in GOOD economic times, such as diamonds and fine art. In Other Words, don't expect the premium you pay for these to matter much when everyone runs in for silver, unless you're a collector that plans to await the entire bull market and have entered positive economic times. This aging fart doesn't have such luxury so collectible coins, except Silver Eagles, Maples, such with >89% Ag content are generally ignored by myself. Silver rounds? Excellent! Silver Eagles? Wonderful! Silver bullion? Beautiful!
Eye of the storm...good comment SGS!
I just learned something from this video about the "diversification" debacle. I knew this myself but I decided to believe the masses again on this--until now. But at least I'm 50% in. I will increase this toward 75% or more as I see fit. I don't mind listening to this guy at all. Great piece of information!
Anyone have thoughts about buying silver directly from miners like first majestic?
Silver spot price action: It needs to test 35.00 and then watch the reaction. Also gold needs to get above 1450 strong and build support. I think we may be on the way upward now. Hang in there!
sprott is the manread the manifestos on his web sitelong and strong
I buy from First Majestic. Excellent service. Low percentage over spot. Used to be fast delivery... now some orders/stock are delayed up to 2 weeks. Plus one can use a credit card to pay, no extra 3% fee adder, etc. Makes it easier than running to a bank to do a wire transfer. I use Firstmajestic.com a lot and a few times silvergoldbull.com plus my local coin/bullion dealer here in Winnipeg, which I found to be the best price wise for RCM bullion.