Havoc

You can buy allocated silver at goldmoney.com free of VAT. You only have to pay VAT if you take delivery of the metal.

 

I would be interested in silver at BV if it were cheaper than or at least no more expensive than at GoldMoney.

BV is a UK registered company. Of course that means nothing bad about the compant itself, but best to know this.

Gold now being used as currency in Zimbabwe.

Did not see this posted before, it is interesting because it proves that gold is the ultimate currency in a hyperinflationary meltdown.

Gold for bread.

Silver now trading at £650 per ounce.

Ebay link

HAPPY NEW YEAR.

Look at this idiot:

£20k for a 1kg silver bar on ebay

Ebay Link

If you read the descriptions below the item he actually quotes Cgnao.

Going to hell in a hand-basket today.

Almost broke down through the 200 DMA.

This shakeout has gone on long enough now.

Just out of interest what do others here think of Beowulf Mining a small Swedish company on the AIM? Surely at 2p a share you cant go wrong?

I was seriously thinking about buying this as a (very) speculative play last year, but in the end I just couldn't bring myself to jumping in.

Well would you believe it, after a long winter of discontent it looks like our beloved juniors may now have finally put in a bottom.

Article

Does anyone have any idea to who this western "consolidator" is?

It has been written a few times recently that several hedge funds have shorted the juniors into the dirt so that they can be picked up on the cheap.

This would then make it appear that these funds are acting on behalf of the majors who are going to be doing the shopping (for the resources). Why would they do that I wounder?

Unless of course they themselves are going to be doing the buying.

......See you up there.

Who was it who said recently that junior mining stocks are now like "The bald-headed step children"

I will try to find the article.

Anyway could it be that the reason why the juniors are doind so badly now is because there are so so so many of them and the investment money has to be diluted accordingly? We hear these amaizing stories about Lion Gold for instance turning $5000 into several millions over the course of the 1970s, but was it just because there was less choice back in those days?

I certainly wish there was less of them, it would make buying much easier.