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Replies: 180 / Views: 18,950 |
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Valued Member
United States
300 Posts |
Whatever gold and silver ARE, Mr. Market is taking no prisoners in an attempt to dissuade gold fans from getting on board any kind of northbound train. The Gold:Gold Stock Ratio is showing at least a third peak in that ratio forming, or maybe even a higher high in the ratio that would make it by far the most extreme undervaluation of miners vs. gold itself, in history. http://www.traders-talk.com/mb2/ind...wtopic=92028
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Pillar of the Community
 613 Posts |
@realmoney,well wrote and so very right.
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Pillar of the Community
 613 Posts |
@Gothic,LBJ I wonder if his hands were sweating when the lies were flowing. That speech was another control speech. He still did not get on a Coin.
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Valued Member
United States
300 Posts |
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Pillar of the Community
 613 Posts |
Yes the Copper Hoarding the GoV is doing,with the dollar coin that nobody used when they were CIR. That is fitting.
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Pillar of the Community
 613 Posts |
@Gothic or anyone else,
Get this,I called the US Mint asked them,in 2012
What does the US Mint do when the Kennedy's Rolls/Bags do not sell by the end of the selling date for any given year. She said we re-melt the the coins with a LOL as did I.
So then I asked,why all the buying of so much Copper and Nickel every year,No Answer.
Then I said the Mintage is so wrong for the Kennedy's then she said Yes.
Then I said,then the US Mint needs to give the Mintage for any given Kennedy Year made for selling at the end of the sales and the melt down. That way "the people" that buy them know just how many Kennedy's got sold to the public for the real mintage after the melt down. We are buying them and it would help are resale,no answer.
I stopped buy the Kennedy's. 5,000,000 to 1,700,000 for any given P-D Mintage means nothing.
See the Amount of metal used in 2013
2013 5,000,000 - 4,600,000
The highest Mintage for the US Mint Selling's of the Kennedy to the Public. About the same time Copper started to take the big dump in Trade.
2012 1,800,000 - 1,700,000 This is the year I picked up a few rolls and made the call with the ? for the US Mint,she said they do not sell them much,
So why the Higher Mintage,Hoarding I Think.
Edited by Silverworld11 03/09/2015 4:22 pm
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Pillar of the Community
 613 Posts |
O boy,Silver is getting dumped again,now all parties are taking part within the last 24 hours,New York,NY Globex,Sydney,Hong Kong,London.
This is what I call the Low Five Slap Down when this has happen in the past trading its a bad sign,with low trade price action.
At this point its now looking like 2005-06 Price Levels are coming. Silver is getting dumped.
"I will buy a few 0z's this morning,stack it up."
Edited by Silverworld11 03/10/2015 05:19 am
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Valued Member
United States
300 Posts |
Silverworld, the action has been disheartening to anyone trying to buy PMs for a quick speculative buck. Can't say where silver is headed, but I am doubtful it will reach mid-2000s levels. This the the kind of action that wears people down just before a price surge--but no crystal ball here. I'm averaging into PM miners each day as they have been in a downtrend compared to gold since 1967, if you can believe that! Haven't a clue on the higher Kennedy mintages in 2013 other than the fact that was the 50th year since the assassination and people may have been getting them in remembrance. I'd rather have a couple of 1964 Peace dollars (LOL).
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Valued Member
United States
300 Posts |
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Pillar of the Community
 613 Posts |
@Gothic,its a great time to stack and work with a average. Anyone that says don't work with a Average with silver. Either dislikes Silver Stackers or wants all the silver for themselves. I have heard of this 1964 Peace dollar. She is one of the if not the hottest lady on a coin.
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Valued Member
United States
300 Posts |
LOL--yeah I suppose you have heard of the Peace dollar judging by your ID photo--interesting that the Kennedy half is much the same coin in obverse appearance, although he didn't get to where a crown or tiara or whatever that is she is wearing.
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Pillar of the Community
 613 Posts |
The Peace dollar was designed Anthony de Francisci. The OBV represents the Head and Neck of Goddess of Liberty in profile. Anthony de Francisci used his wife Teresa de Francisci as a model. What she is wearing on her head is a Radiate Crown,as his wife posed for him,he open the window to let her hair blow.
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Valued Member
United States
300 Posts |
Thanks for the Peace $ history,SW!
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Pillar of the Community
 613 Posts |
All these Lows with Silver,bring me,All these Ups with Silver.
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Valued Member
United States
300 Posts |
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Replies: 180 / Views: 18,950 |