TRUMP SAYS: HUNTER MAKES FORTUNE FROM SHADY DEALS!
BIDEN FAMILY STINKS TO HIGH HEAVENS OF CORRUPTION!
DON'T GET LEFT OUT: HUNTER MUST BE STOPPED!
Editor’s Note: If there were ever an indicator for mainstream sentiment about financial markets and the state of the economy, this is it. As we’ve noted for years, when panic strikes money will flow into gold in massive amounts. A new report from Zero Hedge suggests that’s exactly what is happening right now on the streets of London. Just last week Daniel Ameduri of Future Money Trends opined that a new bull market has awakened and the smart money is moving in big, signaling a renewed interest in precious metals amid widespread economic crisis.
People all over the world are nervous. They’re nervous about geo-politics, they’re nervous about their financial future, and they’ve lost trust in the government’s ability to mitigate the crisis. The lines in London are just the beginning. You ain’t seen nothing yet, as retail customers in America and China have yet to get involved in any significant fashion.
But it’s coming.
We encourage readers to check out JM Bullion, our long-time sponsor and one of the largest bullion dealers in the world, for easy, line-free access to gold and silver.
This is the best quarterly performance for Gold in 30 years…
And as Mike Krieger of Liberty Blitzkrieg blog details, physical demand is soaring…
First, let’s look at the improved fundamentals. Gold bugs will exasperatingly proclaim that fundamentals have been great for the past four years yet the price plunged anyway, so who cares about fundamentals? To this I would respond with two observations. First, large institutional investors and sovereign wealth funds have been anticipating a rate hike cycle for a very long time now. They didn’t know when, but they expected it. The fact that the gold bugs never believed this is irrelevant; what matters is that big money believed it, and it was perceived to be very gold negative. In their minds, this anticipated rate hike cycle would confirm that things were getting back to normal, and if things are normal you don’t need to own gold, right?
The problem is that this assumption is quickly being called into question. Sure the Fed hiked rates once, but it is starting to look more and more like a policy error. Meanwhile, other major central banks around the world are going in the opposite direction, toward negative rates. I am a huge believer in market psychology, and the psychology dominating the minds of most institutional investors over the past few years has been that things were slowly getting back to normal. This has weighed on institutional demand for gold in a big way, and been a meaningful factor in the bear market (manipulation aside). If this psychology shifts, the shift back into gold could be very meaningful.
While that backdrop is interesting in its own right, what may make the move into gold that much more explosive is the lack of alternative investments…
– From the February 3, 2016 post: GOLD – It’s Time to Pay Attention
What a difference a couple of weeks can make. The Telegraph is reporting the following:
BullionByPost, Britain’s biggest online gold dealer, said it has already taken record-day sales of £5.6m as traders pile into gold following fears the world is on the brink of another financial crisis.
Rob Halliday-Stein, founder and managing director of the Birmingham-based company, said takings today had already surpassed the firm’s previous one-day record of £4.4m in October 2014.
BullionByPost, which takes orders of up to £25,000 on the website but takes higher amounts over the phone, explained it had received a few hundred orders overnight and frantic numbers of phone calls this morning.
“The bullion market has been building with interest since the end of last year but this morning things have gone bananas,” said Mr Halliday-Stein. “Some London banks are placing unusually large orders for physical gold.”
London-based ATS Bullion added it had been inundated with orders for the past week. The firm has sold 4,000 gold bars and coins since February 1, a 40pc rise on the same period a year ago when it sold 1,500.
“It’s been crazy – it’s been the best week since 2012. We’ve had people queuing round the block,” said Michael Cooper of ATS Bullion, a family run firm that trades online and also from an outlet in the West End.
But that’s just part of the story. As reported by the World Gold Council, the buying really started to pick up in the fourth quarter, courtesy of the Chinese and central banks. Reuters notes:
Buying by central banks as well as Chinese investors seeking protection from a weakening currency helped lift demand for gold in the final quarter of last year and the trend looks set to continue, the World Gold Council said on Thursday.
Chinese demand for gold coins surged 25 percent in the fourth quarter from a year earlier as consumers sought to protect their wealth after Beijing devalued the yuan currency. But stock market turmoil and a slowing economy knocked consumer sentiment and Chinese demand for gold for jewelry fell 3 percent from a year earlier, WGC said.
Central banks have been buying gold to diversify their reserves away from the U.S. dollar and their purchases edged up to 588.4 tonnes last year, second only to a record high 625.5 tonnes in 2013, the report showed.
Central bank buying accelerated sharply in the second half of last year and jumped 25 percent in the fourth quarter, from a year earlier, as the need to diversify was reinforced by falling oil prices and reduced confidence in the global economy, WGC said.
Chinese demand for gold totaled 985 tonnes last year, followed by India on 849 tonnes. They accounted for nearly 45 percent of total global demand, with consumer demand up 2 percent and 1 percent respectively in those countries.
Think about the lack of gold buying from the U.S. relative to its global wealth and it becomes quite easy to see where the fuel for the next bull market will come from.
Meanwhile, on the supply side…
Global supply of gold fell 4 percent last year to 4,258 tonnes, partly because of slower mine production.
Mining companies have scaled back since 2013 in a bid to slash costs and mine production shrank in the fourth quarter of 2015, the first quarterly contraction since 2008, WGC said.
* * *
Keep in mind, all of the above is nothing compared to what may happen in China once gold fever returns to the mainland like in 2013, as Caixin profiled before:
This article originally appeared at Zero Hedge
Visit JMBullion.com for up-to-the-minute prices and easy ordering of gold and silver.
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I just read this article, thanks for posting it here! Silver is still a bargain. For anyone that has not purchased gold or silver, JM Bullion is excellent. I usually check their prices with those over at Kitco just to make sure I am getting a good deal.
Keep stacking folks, silver bullion still costs less than a $20 FRN.
You’re right Philosopher! JMB is a good company to deal with. Hopefully, many here, so inclined, have their accumulation and have been patiently waiting!
I am a fan of silver because it is affordable. I like the bullion coins, either silver US eagles or Canadian mapleleafs. I have purchased from both JMB and Kitco. The shipping charge and insurance are higher on Kitco. My silver stack helps me sleep at night.
Working a good solid day helps me sleep at night,
Most of the time,
Except when it doesnt,
Then, well, i dont sleep so good,
But its not from small stuff, its because im achy and dont sleep so good,,,,,
Hah
Kula, I hear ya.
A good shot of JD helps me snore at night.
RIO TINTO just announced 51% drop over last year. HUGE item- nothing in media…
PMs are much less important than other preps.
I agree. PMs are still useful as part of an overall plan.
Agreed, but still needed. YMMV.
PoP: Please translate. What is YMMV? Thanks!
Quoted you from last year. Scroll down.
a person can’t go wrong by purchasing all the junk silver they can afford, everyone on the planet recognizes our dimes and quarters. I’m not so sure gold would do much good in a SHTF situation, it may be worth a little more than the average joe can handle
Yep yep yep.
WHO…COULD…HAVE…SEEN…THIS…COMING…
When the sheeptards start buying survival gear, of course you will see inflation in that sector as well.
“Who could have seen this coming”? Stevie Wonder, Jose’ Feliciano, Ronny Milsap, Ray Charles and last but not least, even now….your buddy and protege……..Liberace!
You forgot Doc Watson. 🙂
Catcher, we forgot Jeff Healy too! 😉
Oh the little sniping troll shows up after dark to inject her poison.
Fuck off you sniping 666 witch.
Acid I plan on shopping at my neighbor’s yard sales as soon as the weather improves. I can’t wait! I have a whole list and plenty of cash.
find a reputable shop and buy local. I can still get silver for $1 over spot plus tax.
Marcus, yep and buy with cash under $5,000 at a time……no electronic trail.
Oh the little poison plant 666 has shown up. Fuck off.
Yup.
Who didn’t see this coming?
It may be years, but gold is going to $5000 before this is all said and done.
Anonymous,
You are making me laugh, we have watched over the last couple years as articles just like this one predicted the economic collapse unfolding in front of us now. Authors like Michael Snyder and this one were harangued for predicting today’s news stories.
Those attacking nearly always used the “Anonymous” handle. Facts and figures never swayed their catcalling.
Any serious prepper ignored them and just kept stacking, even gold and silver if it was in the budget. Never the less the catcalling was incessant, not to mention annoying. Mac has had to put up with a lot of crap, yet he never blinked. Thank you Mac.
It’s just sad that so many are so ill prepared for what’s coming. We are just seeing the low tide that comes before the tidal wave. And I must say it is spectacular.
agreed.
Or rather, the Dollar is sliding to a miniscule 1/5000 of an ounce…which could maybe happen next week.
YAY! Another article about how we’re all gonna die soon, this time it’s financial collapse. What the Hell happened to the North Korean EMP? Not important anymore? The feds aren’t all out to ” get” us today? No disease de jour? WTF? C’mon everybody, let’s see if we can’t get more doom and despair stuff ’cause that’s what living is all about! The only thing you should be worried about is how many cans o’ beans ya got stacked before ” the big one” hits and kills off everybody but me and my stacks o’ beans, YAY!
Well, I had sushi and champagne over the past 2 days, but there are a lot of beans in the pantry too. ESPN is on if you don’t like doom porn-
2I: LOL! Last night I had top sirloin, marinated (of course) with roasted Brussels sprouts and a loaded baked potato. Marinated should lamb steak with linguine pasta primavera tonight.
Life is good 🙂
Oh yes it is all organic and grass-fed, no hormones, no antiobiotics, no glyphosate. Ewwww. Icky!
LMAO LfDP! You gonna live until you no longer ain’t.
Livin
There’s always the Kardashians for your entertainment. Or you can watch the Goldman Sachs puppets duke it out for the Presidency. You can insert a comment on a subject of interest to you. You can read Philo’s cyber bullying, which should bore you to sleep.
Otherwise get off the computer, talk to your family, walk the dog, and work in the garden.
Rebecca,
Don’t underestimate yourselves, the BEST entertainment is right here, watching all the old geezers shit themselves about the end of the world and all the fantasy plans about how they’re going to kick ass,{ I guess that means AFTER the social security checks are cashed}.
Livin,
Now that is better, you made me laugh!
Rebecca,
No problem, I consider it a public service. Jesus, you need to laugh at this stuff sometimes or just go ahead and avoid the rush by jumping into a convenient open grave. To much doom porn isn’t good for people’s mental health, life is too damned short.
I just wrote a comment on a story about the Oregon surrender, and the whole story just disappeared.
Me too. Stuff happens.
Gremlin’s
Dont feed em at night and dont get em wet!
LMFAO, kula!
http://kingworldnews.com/world-now-on-the-edge-of-total-panic-as-gold-spikes-60-and-global-stock-markets-plunge/
I think you need to actually have money to be worried about whats going on, last time i checked i have 237.64 in my wallet, about 14$ in my checking and my life savings in a mason jar on a table in my closet,,,
So,,,,, What? Me worry? What for?
LOL , KULA , you and me both !
But i have some cows and some calves coming soon.
So , its not all bad .
But i sure could use a newer truck …..
That would be the extent of my long term investments , lol.
I had to put a new battery in my ford yesterday, and damn if it didnt feel like she had more power!
Cranked right over and started and had a new pep in er throttle, amazing what our minds do to us!
LMFAO
If it has electronic ignition and or a computer OBD1 or 2 or newer on board comp.
It probably is running better with a new battery
The systems in these newer cars need a good steady supply of 12volts and the right amount of amps to work efficiently
Believe it or not the alternator just can’t feed it right on its own
The newest vehicles with on board computers that always run, do very well if you add a dashboard solar panel to keep the battery charged by the sun.
This doesn’t work if the car is kept in a garage during the day.
Very true , they suck constantly , pun intended
My ford is in a field at the bottom of a big hill waiting for spring , haha , never should have been near that ravine in the snow haha , long story , fill in the blanks .
My mind told me it was a good idea though !
Aw shit………
Did you ask anyone to hold yer beer before this took place?
Reminds me of my dear redneck friends dying words…… Lookie what ahh can do Bubba!
Kula- do you have flowers on your farm? We spent the night at a flower farm in Maui once.
Unfortunately no,,
Is on my to do before i die list,
Since im rotating away from hardcore market supply i am starting to diversify, so flowers are in the mix, but mostly medicinals and aromatherapy kinds of stuff.
“Socialism (lit. ‘gouvernement’ in French) is the great fiction, whereby everybody endeavours to live off of everybody else.”
– Frederic Bastiat, 1801-1850
And, why yes, you are correct. Leftists STILL have no clue why this has never worked, why it will never work, and why it CAN never work. Not that that won’t stop they trying yet again… with YOUR money.
Test, yep. Until they run out of other people’s money.
My food supplier told me they suspect MH will go into back orders soon.
MH?
Mountain House. It’s a brand.
Dammit Kulafarmer! Every time you post “I live in HA. and have no worries I want to die of envy. Because of family and business I can’t leave N. CA for the islands just yet. Waiting for a mother in law to have no need for the wife and I and then everything gets sold and I will look to you for direction in getting set up over there. You are a lucky guy.
BigB
Thank you BB!
Ya know, I really am lucky, and i need to remember that, sometimes the important stuff gets away from us. Got a roof over my head i dont need to worry about, food in the pantry, the suns out, the trades are blowing, what the heck is there to grumble about!
Cheers BB!
Stay warm and watch your 6! And i hope you get to move soon.
Kulafarmer
living in paradise isn’t the worst that can happen
and having a farm means never having to say I’m hungry
BB;
It’s HI not HA.
Good luck on getting over here.
Living on rocks out in the middle
of nowhere is different. Not
everyone can adapt. Being accepted
into the local culture isn’t easy.
You have to assimilate. This
is not N. CA. I spent two years
at McClellan AFB, so I know.
I also spent a year and a half on Guam,
so I knew what living on an island is like
going into it. Hawaii is MUCH better
than Guam was, but Hawaii is still
very remote.
rellik, Kula, cheers from the other side of the hemisphere and a bit lower latitude, but quite tropical.
Been bugged out now for over 6 years and happy we did. And I have no need or desire to ever go to the mainland again, even if it was to visit disneyland, or to see a bankster got offed, nor any other reason.
Prepped as much as can be.
Well, another hundred grand would help..if only.
PR is a lot like Hawaii from what i have heard, an old flame was from PR, not sure where but her whole family moved here after she was in the military and stationed on Oahu,
Sending the best wishes to the other islanders!
Hopefully her name wasn’t Rosa!
Aloha Kakaheiaka (Good morning) KULA,
I’ve been enjoying your posts for a long time. Keep up the good work and good advice.
When it goes to a negative inters rate its time to get ready for the end of America a we know it.
Buy silver and gold now because tomorrow might be too late!
You saw these peaceful lines. How long will this last. With all the leaches and zombies here those line ill tray peaceful for 10 minutes, because they believe it is owed them. Remember Wal-Mart on Black Friday? just saying.
Sgt.
Sgt, here is a little quote from a new article on Zerohedge about negative interest rates:
“Negative interest rates mean that borrowers are paid to borrow. This serves as a powerful inducement for companies to borrow up to the hilt to buy other companies, to pay dividends that are unjustified by earnings levels and to invest in financial assets. Often this includes buying back their own corporate shares thereby increasing earnings per share, the share price and linked executive bonuses.
For savers, negative rates discourage savings, stifling future business investment and consumer demand. However, central banks hope that discouraged savers will instead be lured into spending on consumer products and create short-term economic growth albeit at the price of future growth.
Negative interest rates mean that lenders have to pay borrowers and that depositors have to pay banks to keep and use their money. One does not require a PhD in economics to recognize this as an unnatural distortion that will create more problems than it solves.”
Skip to the end of the article for this little gem:
“Negative interest rates act effectively as a hidden tax funneled directly to banks. They are inherently unhealthy. Currently, they could indicate also a measure of unease among two of the four most powerful central banks. If so, that could well escalate. Depositors should be aware acutely of the hidden risks to their deposits. Already, nations with looming bank liquidity problems, such as Russia and many in Africa, are increasing their levels of bank deposit insurance to reduce potential political unrest.
Readers know that we have felt for many months that the U.S. is far from ready for interest rate increases. We are of the opinion, now echoed by others, that the U.S. will see zero and possibly even negative interest rates before it experiences a one percent Fed rate. This does not bode well for our future.”
Link to the article: ht tp://www.zerohedge.com/news/2016-02-11/through-looking-glass-rates
(Remove space between the T’s).
So along with the hidden the tax of inflation there is going to be another hidden tax which has ony one goal: to prop up the TBTF banks. What could possibly go wrong?
This is utter insanity. I think the days of the US dollar as the world reserve currency are short. I hope I am wrong, I really do.
I had put together a tome. I erased it. You essentially say the same thing I would have said. .
I would say differently, those that have savings accounts
at the retail level will withdrawal everything and no longer save money if we have to suffer negative interest. Our money system depends on the speed of flow of money through the system.
They use savings to “even out” the highs and lows. No banked savings equal wild swings and a death spiral.
As far as reserve currency goes. WTF? Who do you trust?
World’s third largest population, relatively free. Given open review, the largest economy(if you believe the Chinese you are stupid). America has over 250 million trained motivated people.
We also have a black ball weight to drag around, Liberals and progressive Democrats. Easy fix, and we will be very rich.
Relik: I just quoted the article. One of EuroPac’s writers. (EuroPacific Capital is owned by Peter Schiff).
It scares the crap out of me as to how fucking clueless the banksters are after so many years. Yellen is fucking clueless. She is a perfect example of someone that is stuck in an ivory tower and completely detached from reality.
It makes me sick. I know I piss off some people with how I cuss up a storm. I have said this before, I grew up as white trash and became educated after the age of 30. I have one leg in each realm and have not lost touch with my roots. This woman is so far in la-la land that she actually believes her own bullshit.
Who do I trust? Good question: I trust a stack of silver and cash. I don’t trust the US government or Janet Yellen. Trust in my family was something you earned, over time, with deeds not words. I still abide by that same rule of trust. Shut up and show me.
You are wrong about one thing.
Banksters and Yellen are NOT clueless. They have an agenda.
H…
Very true, but what happens if we take this one step further? Many countries are threatening to digitize cash for “simplicity’s sake”. They do that, plus negative interest rates, and presto! New source of money for the banksters…
I for one, and I am sure many on here will turn to bartering, but the vast majority will blindly go along with the new policy. Kinda like taking that chip…” Oh, it will make life so much easier”
God bless all, and thanks, Mac.
Hilldweller
Dammit you should have just posted it! The more points of view the better!
Relik: that is exactly what is happening in Japan! Basically Japan has had an ongoing bank run the past week since the BoJ decided to go negative!
I stopped keeping money in my local bank for several reasons, prior to all this talk about negative interest rates. Most of those reasons were due to what I observed in Cyprus and Greece. In Cyprus there was a bank holiday and people were told when the bank reopened they would get a haircut. Oh hell yes, a 40% fucking haircut! That is brutal!
Then Greece started by saying you could only withdraw so much cash per day.
I have viewed Cyrpus and Greece as test runs by the central banks on how to deal with Germany and the US. Period. Those were the banksters little test runs, their little sick fucking experiments.
Well this is what I realized: if you can’t touch it you don’t own it. I may be stupid for buying silver and keeping several months of cash on hand. But I plan on surviving this next big mess, and if possible, I want to thrive.
The MSM has done nothing but lie for years. Screw em. Which is why I consider sites like this to have the only real news out there.
People in Britain know the government is full of crap and not running the show. They will panic when this baby goes down and then they go Greek: bail-ins, bank holiday, capital controls, and major devaluation. The UK has form on this and has done it in the past. Just a matter of dusting off the Whitehall play book from the 1970s and putting it in practice.
And, yes, the mainstream media (the BBC are the worst) lie and lie about what is going on. If you swallowed the Beebs porkies, you would think all Muslims are benign, the economy is thriving and the UK is not involved in multiple wars all over the place.
Crash JP Morgan – Buy Silver!
https://www.youtube.com/watch?feature=player_embedded&v=QCM7rMIqxmk
This is an article from last year: “Why Is JP Morgan Accumulating The Biggest Stockpile Of Physical Silver In History?”
By Michael Snyder, on April 24th, 2015
“Silver Bars – Public DomainWhy in the world has JP Morgan accumulated more than 55 million ounces of physical silver? Since early 2012, JP Morgan’s stockpile has grown from less than 5 million ounces of physical silver to more than 55 million ounces of physical silver. Clearly, someone over at JP Morgan is convinced that physical silver is a great investment. But in recent times, the price of silver has actually fallen quite a bit. As I write this, it is sitting at the ridiculously low price of $15.66 an ounce. So up to this point, JP Morgan’s investment in silver has definitely not paid off. But it will pay off in a big way if we will soon be entering a time of great financial turmoil.
During a time of crisis, investors tend to flood into physical gold and silver. And as I mentioned just recently, JPMorgan Chase chairman and CEO Jamie Dimon recently stated that “there will be another crisis” in a letter to shareholders…”
I remember reading this article. Tucked it away for future reference.
Link: ht tp://theeconomiccollapseblog.com/archives/why-is-jp-morgan-accumulating-the-biggest-stockpile-of-physical-silver-in-history
(Remove the extra space from the T’s).
just remember, a few years ago JPM was supposedly SHORT silver to the tune of millions of ounces, and i remember there was someone wrote an article saying maybe they had more LONG, than short….how the hell do WE know…all i’m sayin’ is don’t believe everything yuh hear….and don’t bet against JPM, or the FED, or golden slacks!
BCOD: Just posting the information so people can make up their own mind.
I like RT and I also enjoy Max Kaiser but apparently he, and others, have forgotten about the massive silver bullion purchases made by JPM last year.
Naked shorting? Nope. JPM built a warehouse for their silver. The COMEX? Well that is another story.
I would LOVE to see the security features that guard 55,000,000 Toz. Ag ~ I can’t even imagine….
I know. Can you imagine what kind of forklift it takes to move a pallet loaded with silver? Or how many extra axles on a truck due to the weight?
Oh and look at what I just found, this is the title of the article: “Report: JP Morgan Chase Prepares For Crisis By Stockpiling Silver: “ which was posted last year by Mac! Here is the link:
Mac Slavo
April 24th, 2015
SHTFplan.com
Comments (162)
Read by 27,230 people
ht tp://www.shtfplan.com/headline-news/report-jp-morgan-chase-prepares-for-crisis-by-stockpiling-silver-an-exceptionally-large-amount_04242015
“In a communication with JP Morgan Chase shareholders earlier this month Jamie Dimon, CEO of one of the world’s largest and most influential banks, said that a more volatile crisis than 2008 is coming.
It was striking admission from a man who has close ties to the Obama inner circle and was once at the top of the list for the post of U.S. Treasury Secretary. Considering the President continues to tout economic recovery, and that a significant majority of Americans reportedly believe the economy is healthy, the fact that Dimon is warning of another financial crisis should be a clear sign of what’s to come.
But if his words aren’t enough to convince you we have a systemic problem that will soon come to the forefront, maybe the recent actions of his secretive trading desks will suffice.
According to a detailed report from The Wealth Watchman JP Morgan Chase has been amassing a huge stockpile of physical silver, presumably in anticipation of a major liquidity event.
They’re baaaaack. Yes, “old faithful” is back at it again!
Of course, they never really left silver, and have been rigging it non-stop in the futures market, but for awhile there, there were at least no admissions of newly-stacked silver being made in their Comex warehousing facilities.
Yet, after a 16 month period of “dormancy” within their Comex warehouse vaults, these guys have returned with a vengeance.
In fact, our old buddies at JP Morgan Chase, not only see value in silver here, but they’re currently standing for delivery in their own house account in such strong numbers, that it commands our attention. Let me show you what I mean.
Here’s a breakdown of the Comex’s most recent silver deliveries to JP Morgan:
April 7th: 1,110,000 ounces
April 8th: 1,280,000 ounces
April 9th: 893,037 ounces
April 10th: 1,200,224 ounces
April 14th: 1,073,000 ounces
April 15th: 1,191,275 ounces
April 16th: 1,183,777.295 ounces
This is a huge bout of deliveries in such a short space of time. In fact, within the realm of Comex world, it’s such an exceptionally large amount, that it even creates quite a spike on the long-term chart of JP Morgan’s vault stockpile:”
Apparently some people forgot about some articles that were written last year. I wouldn’t bet against JPM. Just saying.
Acid nailed it last year with this comment, same topic:
“Acid Etch says:
Comment ID: 3372500
April 24, 2015 at 4:07 pm
Several years ago there was a campaign to:
CRASH JP MORGAN BUY SILVER
Google it.”
I used Duck Duck Go but same results.
So when it does go to negative interest rates should we buy as much silver and gold as possible with their money cus I get charge card offers at least 2 a week for pre qualified 10k+ plus other loan offers
life must be pretty good over there if the they have the money and time to stand in line to buy gold, I don’t buy gold, but do buy silver from the house on the net.it takes seconds
One Brit was online yesterday on another site I read… he was asking if he should buy gold. Complete newbie with barely any other preps like food, and he went out and bought 25K worth of gold. I know because he announced it, and was promptly told by a poster that he shoukd keep quiet about it.
Ok- just picked up a 10 oz bar of Ag for my little stack from JMB. I’ve never plugged them but couldn’t help doing it this morning as my phone transaction took about 25 seconds. No kidding. And the operators are all very friendly but professional.
Drat. I forgot to order the secret decoder-
I can see you are all patting each other on the bum here and are telling each other what you want to hear.
Fact is you was saying the same thing when silver was over $20oz and a little rise now and again does not mean that prices are going to the moon.
Zero Headge would not be seeing gold/silver if it belived half of what it says and i am still calling paper sillver at $12oz or did you all forget they are fixing the price.
War between Turkey and Russia might change things but remember as we have been moving closer to war that oil has been going down which kind of say all you need to know about gambling when the tables have been fixed.