[borasolit]

Junk Silver @ Provident is $0.59 over spot now. I bought a few weeks ago at $0.09 UNDER spot.
http://www.providentmetals.com/1-fac...-us-coins.html

Eagles seem like the best deal now @ $2.79 over spot for maximum quanitities:
http://www.providentmetals.com/2011-...irculated.html

[salomal-qask]

Physiological barrier broken

USD over 80

yeah, i think that's part of it.

i was listening to a Financial Sense webcast with Jeff "the markets aren't manipulated" Christian.

all the reasons he cites for gold going up to $1900 this year are "even more so" now - e.g. the debt ceiling BS in the US, Europe's slow-motion bankruptcy.

but, those same forces result in forced liquidations - people sell what they have to sell to raise cash.

ALSO, market manipulators are playing the currency markets to prop up the $ - that's where Blythe Masters comes in.


of course, my guess is that many banksters are taking the opposite side of the trade, and buying as much as they can with their $billions.

just cause banksters are immoral and think they're "chosen" doesn't mean they're stupid.

[SnareeWer]

Checking around... nobody's lowering prices...

Gainesville Coins http://www.gainesvillecoins.com/

[29clepayJainync]

I wont be able to buy until friday, I'm fully planning on moving some of my cash savings back into gold/silver at these prices....This is what I SOLD it at in june to buy my house. I figure if I can get back in for what I sold at then all is gravy!!

[DF9sLGSU]

Gainesville Coins http://www.gainesvillecoins.com/

Thanks Hermie... but buying NTR bars is like buying cheap flavored vodka... You just don't do it!

Provident has a decent price on gold canadian maples, or perth mint 1 oz bars
(I'm watching these)

[Anakattawl]

Christmas bonus is going into silver this year, and a sub $30 price is a great sale!

[FourEsters]

i have a bunch of ntr bars. what don't you like about them?

[Immarsecice]

i have a bunch of ntr bars. What don't you like about them?

lol..

[Vedun*]

lol..

No really what is to dislike.

Are you a government minted only type?

[WapSaibiar]

No really what is to dislike.

Are you a government minted only type?

No, it's fine keep staking away...

YOU


ME

[ancexttew]

That made me laugh

[Arrecteve]

All of us got a wonderful Christmas gift............

being able to buy your favorite hard currency at a steepest discount yet.

[KixdricyArrip]

...being able to buy your favorite hard currency at a steep discount.

Indeed! A man could go broke buying money...

[idobestbuyonlinepp]

Thanks Hermie... but buying NTR bars is like buying cheap flavored vodka... You just don't do it!

Well, good luck with that then.
And be sure to have someone check to make sure there is not a pea under your mattress.

....

[wonceinee]

Turd's advice is to the trader. Wait too long for the "bottom" and you often miss the move entirely. I moved 2/3 of my cash into gold and silver bullion [paper] this AM. Frankly, watching these markets is a waste of time, as is technical analysis. The markets are totally manipulated and prone to corruption by central banks and governments. If gold and silver move much lower I will move the rest of my cash into metal shares and be done with it. Long term is all that matters for me personally.

I moved a portion in these last couple of days as well, brother in PM. But I think we're going to need the remaining powder.

On a technical basis, now that Gold has broken it's 200 DMA, it's rock bottom floor is much, much lower, dating back to the high volume gold trading volume that went on in early February 2010. At that point, it bottomed out at [gulp] $1050. It could very conceivably get there. I don't think it will, but I want to throw that out there because it was exactly this type of move that spooked the market in the mid-1970's. Ironically, gold went through a long and painful 20-month drop from about $195 to $105, which would be almost EXACTLY a one-tenth fractal of a move from $1922 to $1050. The good news is that subsequently, gold ultimately spiked to 8x the $105 bottom, which would correspond to $8400 during this bull run.

I'm not predicting this, but just pointing it out as a completely plausible scenario in this ongoing bull market. I need to go look at a few more numbers before making a prediction. Will report back later...

[redDoodia]

December 14, 2011







With the gold price tumbling, along with silver, today King World News interviewed the man who told clients in 2002, when gold was $300, to put up to 50% of their assets into physical gold held outside of the banking system. Egon von Greyerz is founder and managing partner at Matterhorn Asset Management out of Switzerland. When asked about the 2002 call, Greyerz responded, “It was very clear to me, Eric, for quite a long time, well before 2002, that this was going to end badly. There was no chance the world would survive with the banking system intact or even the financial system intact.”




Egon von Greyerz continues:



“There were two alternatives, a deflationary collapse, which would mean that no bank would survive and that would be very good for gold. The more likely scenario, which I’ve been predicting for probably ten years, is we would have hyperinflation because governments need to print unlimited amounts of money.



That was clear in 2002 and that’s why we told clients this is the only way to protect your assets, by putting up to 50% of your assets into gold and to store it outside the banking system because we don’t know if the banking system will survive...There is no alternative in my book, everything else is paper which will decline dramatically against gold.



We have an unprecedented situation in the world. There has never been, in world history, a situation where all major sovereign countries are bankrupt. And, in addition, the whole financial system is bankrupt. As we know some countries can print money, like the US and the UK, so therefore their currencies are relatively stable now. It’s not going to last (their currency stability)....

























“The EU is under pressure only because there is only one bank, the ECB, that can print money and all of the individual countries can’t. Therefore the US, of course, loves the fact that Europe is under pressure and especially the eurozone because the problems in the US are just the same. The focus will soon shift to the US. The only way they can solve their problem is by printing unlimited amounts of money.



Then you go to the banking system, as we both know, the banking system is bankrupt and is only surviving because banks are allowed, since 2008, the banks are allowed to state all of their toxic assets at full value. If they had stated them at market value no banks would be standing today, no major bank.



So you have both sovereign states and the banking system which is bankrupt and it is only a matter of time before we have a resolution. The resolution is just a resolution and that will be money printing in my view. That will kick the can down the road a little further, but will not solve any problem whatsoever. This problem, sadly, is too big to be solved.



This is the frightening side of what’s happening now. It’s one thing to have a financial system that’s under pressure, and the consequence that will have is all currencies will continue to collapse. For the last 100 years currencies are down between 97% and 99% against gold. So they haven’t got far to go to zero and they will go to zero.



What will happen is speculators will go after one currency at a time. So currencies will become worthless and this is what will create hyperinflation. Sadly, it will be a hyperinflationary depression, which means there will be a lot of hungry people....because of the poverty this will involve and the hunger, this will involve social unrest...It will get a lot worse.”


http://kingworldnews.com/kingworldne...al_Unrest.html

[Seisyvose]

Central banks selling PAPER gold.

Fixed it for ya!