ricky

Silver Subject to Price Manipulation, Chilton Says

Good point I think you would get charged 15% on top.

is that 15% just the VAT that has to be paid?

If so, its still cheaper than say CID:

First Majestic currently quoting $13/oz for silver

At exchange rate of £1 = $1.52 that gives 1oz = £8.55

adding 15% gives £9.83/oz

Am i correct in this?

CID's cheapest 1oz coin at time of writing is the Mexican Libertad at £13.21.

So the Libertad is a massive 34% more expensive!!!!!!

Can someone please tell me if there's anything wrong in what i've said, because if not, i think i'll be buying some from First Majestic?

And again, does anyone think there would be much of a problem selling First Majestic coins?

thanks in advance

Thinking of getting some coins from First Majestic as they work out quite a bit cheaper than most places (if i've got my maths right!).

Anyone have any thoughts as why not to buy from here?

Will they be a lot harder to sell on as people may not of heard of the company?

http://www.firstmajestic.com/s/OrderForm.asp

So... has Hugh Hendry got it wrong?

 

Are things moving at a faster pace than he expected?

 

Or is this just a reactionary blip in the run-up to Christmas?

 

Interesting times. Glad I'm invested in gold. Part of me wishes more so... But part of me is expecting a pullback.

Hugh Hendry

well hendry is short gold shares right now! (even though in part 5/8 of the interview he says he's not good at shorting stocks)

http://broadcast.ino.com/education/gold_game_changer/

not sure if this has already been posted, it's from last week. apparently gold is going to 700-720

i'm hoping it doesn't go any lower than that or i think it's tanking to 600

what does everyone think are the chances of a double bottom at 740?

above 9.60 today would be very good

if 9.60 is broken today, do you still think silver will be targeting 7 this week (as stated on your previous chart on the 19th?)

i just watched a bit more at my chart, and i see the low of the channel is located in the time frame of tomorrows NY opening, so this is probably to happen:

 

1. stocks likely to put new low tomorrow (and it may be it, the bottom)

2. dollar to make a (new or not new) high

3. gold to make another failed breakout and bashed down to 820, or even 810

all this to ocurr between 8 and 12 NY time

it may not happen this way, but if it does, then it is more likely scaring people out of their positions, than going to 750

is this still valid given that gold broke 800?

below 970, this is one mad sell off. how low can it go?

$840 is not holding. Looks like another good buying opportunity.

indeed it is. and now we're testing $820, even better!