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Ant
Penny Hoarding Member
USA
894 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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Lovely dimes, the liveliest coin, the one that really jingles. --Truman Capote
Coins are the metallic footprints of the history of nations. --William H. Woodin |
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Nickelless
Administrator
USA
5580 Posts |
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Ant
Penny Hoarding Member
USA
894 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.  |
Lovely dimes, the liveliest coin, the one that really jingles. --Truman Capote
Coins are the metallic footprints of the history of nations. --William H. Woodin |
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wagsthadog
Penny Hoarding Member
USA
565 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 |
Only when they CAN'T have it, ......THEN they'll want it.
I love Cents. If you get an UNC box, you win. If you get a regular circ. box, you win. If you get a zinc box, you don't lose....so you still win. |
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JerrySpringer
Penny Hoarding Member
669 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
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 10/02/2008 : 20:13:41
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| IMHO is definitely not buying time |
Inquiring minds want to know |
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Ardent Listener
Administrator
USA
4841 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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Think positive. |
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DesertTumbleweed402
Penny Pincher Member
USA
196 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
96 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
96 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!
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