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jonflyfish
Penny Hoarding Member
   
 USA
693 Posts |
Posted - 05/12/2009 : 10:54:33
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Gold @ 920 on the comex and silver @ 14.15 are both about to cruise higher from here
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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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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 05/12/2009 : 11:40:36
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| 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
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| 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
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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
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| 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
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| 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. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life. – Theodore Roosevelt
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Lemon Thrower
1000+ Penny Miser Member
    

USA
1588 Posts |
Posted - 05/12/2009 : 13:35:44
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quote: Originally posted by Country
IMHO, I think that the current PM premiums may have bottomed.
You must be logged in to see this link. |
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
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| 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
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| 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
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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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