What Ever Happened To.........

[usaone]

Those sales were of a newly minted coin to dealers. Fairly common with a new coin. Overall sales from the mint have been DOWN over the last two years.

Gold and Silver are both DOWN sharply since last year. Silver down almost 45% a few months ago. That would be the equivalent of the stock market dropping back to 6500. With unemployment steady or slowly improving and housing slowly improving, I don't see a huge jump in Metal coming. Feel bad for the folks that bought silver at $50 and Gold at $1900+.

[Virgil Showlion]

Gold and Silver are both DOWN sharply since last year.

Yeah, due to unprecedented naked shorting by the big boys.

That said, gold has never been a great investment. Just a sure way to preserve your wealth when the economy goes to pot.

[Aman A.K.A. Ahamburger]

Jan 16, 2013 5:41:28 GMT -5 damnotagain said:

I find it funny that you all hold gold and silver for the very reasons you make fun of decoy409 for. With gold at 1650 and silver at 30 ,holding steady , says a lot . I remember some fool calling for a 20,000 dollar DOW . How can equity's lose when banks are getting free money to gamble with .  Gotta love those HFT machines and the derivative nightmare. America is in decline. More people than ever on the government tit , including Wall Street.

 You have no idea why I collect coins.  I find it funny that you profits of doom still just don't get it.  The Euro is the USD, the Yuan and Yen, yep both USD's.  Keep dreaming about a terminal decline it's never going to happen.

 You guys just don't get that life is about balance, it's chemistry. 

The spirit of the USA is directly linked to the human spirit; unbreakable, relentless, and FREE!!!    -flag-

[damnotagain]

I see what you mean . That's some growth for you...

By Greg Robb

WASHINGTON (MarketWatch) - The Richmond Fed's index of manufacturing activity fell in January to negative 12 from 5 in December, the bank said Tuesday. The decline is another sign of weak conditions in the manufacturing sector. The details of the report were also weak. The new-orders index sank 27 points to negative 17 and the shipments index retreated 12 points to negative 11. The employment index slipped 2 points to negative 5. Numbers below zero indicate contraction. The Richmond Fed covers a region stretching from Maryland to South Carolina and extending out to most of West Virginia. 

You sunshine pumpers are fun to watch.... 

</article>

[damnotagain]

Wxyz , I understand what your saying and if you find someone that needs a buck you can buy under spot. The fact remains 6 million oz. of silver were sold at @ 60 dollars an ounce. That's twice spot. Like Virgil mentioned the paper shorts are suppressing prices. The Feds money printing will never reach the streets.

[Aman A.K.A. Ahamburger]

Jan 22, 2013 20:46:05 GMT -5 damnotagain said:

I see what you mean . That's some growth for you...

By Greg Robb

WASHINGTON (MarketWatch) - The Richmond Fed's index of manufacturing activity fell in January to negative 12 from 5 in December, the bank said Tuesday. The decline is another sign of weak conditions in the manufacturing sector. The details of the report were also weak. The new-orders index sank 27 points to negative 17 and the shipments index retreated 12 points to negative 11. The employment index slipped 2 points to negative 5. Numbers below zero indicate contraction. The ichmond Fed covers a region stretching from Maryland to South Carolina and extending out to most of West Virginia. 

You sunshine pumpers are fun to watch.... 

</article>

 Living short sighted will always make it so you can't see past your own nose.    -flag-

Made in the USA gets hot again
www.marketwatch.com/story/made-in-the-usa-gets-hot-again-2013-01-22-121071124

Now back to the point of this thread....  What Ever Happened To....... The USA is the new Rome, an Empire that is about to fall.  Oh ya, that's right, the USA isn't an empire and was built on the ideals of the messiah. 

All the little kings can have their empires, greed, and money, but without us, there is NO them; thanks JC!!!  
 You know who blessed America.    -flag-

Michael Dell’s Empire in a Buyout Spotlight
dealbook.nytimes.com/2013/01/17/michael-dells-empire-in-a-buyout-spotlight/?partner=rss&emc=rss

[damnotagain]

Jan 23, 2013 10:20:55 GMT -5 @wxyz said:

Hey Dam

Show me some source that says that 6 million or even for that matter, ONE OZ, of silver was recently sold by the mint for $60 per oz.   Since I bought a sleeve of 20 uncirculated Silver Eagles from my dealer the first week of January for WAY WAY below $60, I just do not believe your post till I can get you to show some confirmation.  (I can buy them today for $37)

This is NOT someone that is selling below spot.  Spot today is $32.48.  Real dealers such as mine DO NOT sell under spot.

I appreciate your point of view.  The economy today is very screwed up.  But, trying to say that the mint is selling an oz of silver at $60 when spot is in the $30's is DISINFORMATION and is not credible.  You have many very valid arguments when it comes to the economy and the fed, etc, etc, there is no reason to exaggerate  the price of silver.
www.coinweek.com/modern-coins/the-coin-analyst-u-s-mint-sells-out-of-2013-silver-eagles-and-keeps-collectors-guessing-about-early-numismatic-sell-outs/



"In addition to the 2013 AtB coins, the 2013 American silver eagle proof coin, which releases on January 24, will be $62.95, or $3 higher than last year’s coin, and the 2013 burnished uncirculated coin with a “W” mintmark, which will be released in May, will be $53.95, also $3 higher than the 2012 coin.

[damnotagain]

Aham, the foundation formed by those ideals you speak of support nothing more than a house of asbestos and it is full of rats. 

Ill never argue the fact that all good things are possible through  JC. 

Your links will not open. 

[Steady As She Goes]

Love your violin analogy, Z.

You da man!

[moon/Laura]

Knock it off - all of you.

~moon/ mod

[Steady As She Goes]

Thanks Moon

That was quick!

[Green Eyed Lady]

Puppies....

[Steady As She Goes]

Jan 24, 2013 12:10:19 GMT -5 Green Eyed Lady said:

Puppies....

<snort> ;D

[moon/Laura]

@damnnotagain - perhaps you should pay a bit better attention to steady's mini profile. though not everyone's shows gender (since it's personal preference to display or not), steady's plainly has the symbol, which indicates he is MALE.

[damnotagain]

Ok moon it's your house! Thank you. Just glad you deleted his post as well. Fair enough. As always my best to you. 

[usaone]

Nice Post XYZ. I agree.

[damnotagain]

Jan 20, 2013 1:02:00 GMT -5 @wxyz said:

Ok I got it. I just looked at the mint page. They do not sell regular uncirculated silver eagles. You have to buy them from a dealer. They do sell PROOF Silver Eagles for about $62 per coin. The price you pay for a proof coin has nothing to do with the price or availability of silver.




wxyz , that is correct silver proof uncirculated silver eagles sell for @ 60 dollars. I am glad we can agree that all 6 million silver eagles were sold . Price will reflect demand. Why one 1794 silver dollar said to have passed through the hands of George Washington's ,  Value $15 million  For one ounce who would have thought. Comparable to any  Stradivari .

[damnotagain]

Post just seem to vanish , true or not! So much for fair and balanced. 

Lol, still enjoyed the laugh. Thanks steady . Lol , your a real man. My apology .

[tyfighter3]

I hold some gold too,but bought it whem it was $250, now to get my wife to let lose of it so I can sell it is the Hard part. LOL

[usaone]

Jan 25, 2013 19:45:13 GMT -5 tyfighter3 said:

I hold some gold too,but bought it whem it was $250, now to get my wife to let lose of it so I can sell it is the Hard part. LOL

Good buy Ty. Nice little profit.

[Steady As She Goes]

Nice buy Ty. Good luck convincing your wife.

[tyfighter3]

Like I said, That's the Hard Part. LOL

[damnotagain]

As the Feds policy of steady as she goes with money printing continuing, more and more country's are looking to back their currency by gold.  One example is Germany as it begins to repatriate its gold. Merkel is just the vessel needed .  By repatriating German gold they are not allowing the piigs to back their loans with German gold. 

"The world is headed toward uncharted waters of a durable multi-currency reserve system," it said. During this uncertain transition period, central banks around the world are expected to increase their interest in gold."
zero hedge

 
Seeing is believing.

[usaone]

Its Germanys Gold if its in the US or Germany. Its still the same amount. Its a political move and has no bearing on our economy.

More nonsence.

[damnotagain]

Untill they can run from the euro.

As J.P. Morgan once famously quipped, “Gold is money. Everything else is credit.”

[frankq]

He's Back mo Capitan!!!!!!!!!!

[frankq]

Say....what ever became of that 9000 or 1100 GOLD and 7 on the SILVER

Apparently the same thing that happenned to $5000 gold and DOW 1000, although it appears that $1200 gold, the actual number that has been batted around by some (yes you kman....lol!) is a lot closer to today's price than the predictions of some others out here..........

[damnotagain]

Jan 28, 2013 10:27:21 GMT -5 usaone said:

Its Germanys Gold if its in the US or Germany. Its still the same amount. Its a political move and has no bearing on our economy.

More nonsence.

 Then tell me why central banks have purchased more gold last year (2012) than in the last fifty? Germans want to prepare for the euros collapse and they have no faith in our banking system. 

[Deleted]

frank

wow...good to see you

hope all is well

[usaone]

Feb 6, 2013 15:10:51 GMT -5 damnotagain said:

Jan 28, 2013 10:27:21 GMT -5 usaone said:

Its Germanys Gold if its in the US or Germany. Its still the same amount. Its a political move and has no bearing on our economy.

More nonsence.

 Then tell me why central banks have purchased more gold last year (2012) than in the last fifty? Germans want to prepare for the euros collapse and they have no faith in our banking system. 

They are doing it for political reasons not economic reasons. Our deficit is at just over 100% GDP. Japans is more than double that. We are fine.