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Ant
Penny Collector Member
402 Posts |
 Posted - 10/01/2008 : 23:55:09
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Check out the $100 premium on this one ounce palladium bar:
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"No, man. You gotta keep goin'. What am I gonna do? Quit? That's not an option. Life's a garden. Dig it? You make it work for you. You never give up, man. That's my philosophy." --Joe Dirt |
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Nickelless
1000+ Penny Miser Member
USA
1340 Posts |
Posted - 10/02/2008 : 02:59:45
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That's insane. What's the markup on eBay right now? Or are there any Pd bars available?
By the way, Ant, what program did you use to make that screenshot?
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Why hyperinflation is inevitable...and very soon:
http://www.shadowstats.com/article/292
http://www.ChrisMartenson.com |
Edited by - Nickelless on 10/02/2008 03:00:35 |
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Ant
Penny Collector Member
402 Posts |
 Posted - 10/02/2008 : 07:17:58
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quote:
Originally posted by Nickelless
By the way, Ant, what program did you use to make that screenshot?
PrintKey 2000 -- free on teh interwebz.  |
"No, man. You gotta keep goin'. What am I gonna do? Quit? That's not an option. Life's a garden. Dig it? You make it work for you. You never give up, man. That's my philosophy." --Joe Dirt |
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wagsthadog
Penny Pincher Member
USA
191 Posts |
Posted - 10/02/2008 : 11:11:12
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Hi all,
Apmex is really getting out of hand with some stuff. They want almost a $100 premium on AGE's. Sick!!
Things are very, very bad, but I can't help but think that some of this PM mania is a little blown out of proportion. I recall that prior to Y2K, $1000 bags of 90% were selling for almost DOUBLe the silver value. Then, you couldn't even GIVE them away on Jan. 2, 2000.
What's gonna happen????????????????????????????????????????????????
wags |
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JerrySpringer
Penny Collector Member
385 Posts |
Posted - 10/02/2008 : 20:04:00
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quote:
What's gonna happen????????????????????????????????????????????????
I think that we are going to see a near zero fed interest rate and people scrambling to raise cash. As much as precious metals represent thousand of years of cumulative human social pecking order norms, my gut feeling is that many people will be trying to find ways to pay for gas, food,rent, and usual overhead but without the backstop of a loose credit spigot. They will need cash and spend much less discretionary income.I think we will be hosed on precious metals as a means to preserve capital. People are willing to have 0% return on bonds now just as long as they locked their free cash into something guaranteed. I can only see patient and deep pocketed people willing to collect precious metals if things really get bad. And they will offer desperate sellers much below any spot price. I can only hope that silver coins will be recognized as a healthy barterable hedge in case I get tapped out of free cash flow, knock wood. |
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daviscfad
Penny Pincher Member
179 Posts |
Posted - 10/02/2008 : 20:13:41
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| IMHO is definitely not buying time |
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Ardent Listener
Administrator
USA
2625 Posts |
Posted - 10/02/2008 : 20:15:48
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| Am I to assume they pay a similar premium if you sell back to them? |
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DesertTumbleweed402
Penny Sorter Member
USA
86 Posts |
Posted - 10/02/2008 : 21:12:35
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I enjoy taking long walks off short piers. |
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darsemnos
Penny Sorter Member
38 Posts |
Posted - 10/03/2008 : 16:24:00
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So now is NOT a good buying time?
I was thinking the opposite. I was thinking of maybe 10oz of Palladium Maples from Monex. And maybe 2 oz gold, and some silver.
Why is it a bad time now?
If buying is a bad now, is selling good? |
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darsemnos
Penny Sorter Member
38 Posts |
Posted - 10/03/2008 : 16:27:11
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| Or are you thinking the buying time will be when everyone is strapped for cash and will be desperate to part with their metals to pay bills? |
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Yowza! $100 Premium on Pd Bar!
