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jonflyfish
Penny Hoarding Member


USA
693 Posts

Posted - 05/12/2009 :  10:54:33  Show Profile  Send jonflyfish a Yahoo! Message Send jonflyfish a Private Message
Gold @ 920 on the comex and silver @ 14.15 are both about to cruise higher from here

The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities.

Neckro
1000+ Penny Miser Member



Saudi Arabia
2080 Posts

Posted - 05/12/2009 :  11:40:36  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message
Golds been doing that for a few months now

Trolling is an art.
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Lemon Thrower
1000+ Penny Miser Member



USA
1588 Posts

Posted - 05/12/2009 :  11:43:20  Show Profile Send Lemon Thrower a Private Message
physical premiums have come down also. its a bit disconcerting.

Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X


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jonflyfish
Penny Hoarding Member



USA
693 Posts

Posted - 05/12/2009 :  13:12:16  Show Profile  Send jonflyfish a Yahoo! Message Send jonflyfish a Private Message
quote:
Originally posted by Neckro

Golds been doing that for a few months now



Gold has been bouncing back and forth in a range for quite some time. Currently still near the bottom of the range but 1000 now has the green light. Silver will move more on a relative basis.

The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities.
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WIZARD1
Penny Sorter Member



USA
48 Posts

Posted - 05/12/2009 :  13:21:59  Show Profile Send WIZARD1 a Private Message
I tend to agree with jonflyfish the dollar is losing ground again to the euro and other currencys slso oil is driving higher $1000.00 gold $18.00 silver by end of june time to pick up some cheap stocks I am going with silver as the gap is way to wide on gold to silver ratios.
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Country
1000+ Penny Miser Member



USA
3121 Posts

Posted - 05/12/2009 :  13:27:05  Show Profile Send Country a Private Message
USD continues to weaken - Most commodities are moving higher. Further weakness in the USD should make silver move towards $15. IMHO, I think that the current PM premiums may have bottomed.

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Lemon Thrower
1000+ Penny Miser Member



USA
1588 Posts

Posted - 05/12/2009 :  13:35:44  Show Profile Send Lemon Thrower a Private Message
quote:
Originally posted by Country

IMHO, I think that the current PM premiums may have bottomed.



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Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X


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Neckro
1000+ Penny Miser Member



Saudi Arabia
2080 Posts

Posted - 05/12/2009 :  14:40:21  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message
Good, don't need premiums when you're the buyer.

Trolling is an art.
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Ardent Listener
Administrator



USA
4841 Posts

Posted - 05/12/2009 :  14:50:23  Show Profile Send Ardent Listener a Private Message
Spoke to my main man in Erie and he thinks GM is going bankrupt.........which means more bailouts and thus an even lower dollar/higher silver. Hang on, we are in for a real ride either way with this. $20+ or $10- silver could quickly come.

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Think positive.
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jonflyfish
Penny Hoarding Member



USA
693 Posts

Posted - 05/29/2009 :  18:15:59  Show Profile  Send jonflyfish a Yahoo! Message Send jonflyfish a Private Message
quote:
Originally posted by jonflyfish

Gold @ 920 on the comex and silver @ 14.15 are both about to cruise higher from here



Ahh yes....Like clockwork

The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities.
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