Pixel8r Posted December 18, 2008 Report Share Posted December 18, 2008 gold:silver ratio peaked? http://stockcharts.com/h-sc/ui?s=$GOL...id=p06579893092 Have a look at this thread. http://www.greenenergyinvestors.com/index....amp;#entry84008 Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted December 18, 2008 Report Share Posted December 18, 2008 Have a look at this thread. http://www.greenenergyinvestors.com/index....amp;#entry84008 ta for that Link to comment Share on other sites More sharing options...
wren Posted December 18, 2008 Report Share Posted December 18, 2008 I agree, I like Ker's stuff. If it encourages more thinking than just pulling the trigger it benefits us all. I like to see Ker's charts too. No harm in speculating in what might happen. Link to comment Share on other sites More sharing options...
warpig Posted December 18, 2008 Report Share Posted December 18, 2008 Can anyone see any problems with buying 5KG bars of silver over 1KG bars of silver? Would I have trouble selling 5KG silver bars? Link to comment Share on other sites More sharing options...
Mr Pipples Posted December 18, 2008 Report Share Posted December 18, 2008 Can anyone see any problems with buying 5KG bars of silver over 1KG bars of silver? Would I have trouble selling 5KG silver bars? They stamped by a recognised refiner? Not seen that size about on internet. Link to comment Share on other sites More sharing options...
warpig Posted December 18, 2008 Report Share Posted December 18, 2008 Yes they are stamped Umicore, have a look here. I suppose I have 2 concerns... 1) These are good delivery bars and if I took delivery of a gold good delivery bar, I have been told by BV that the value goes down because it goes out of the trusted banking/dealer cycle. Does this apply to these bars? 2) Are they difficult to sell? They stamped by a recognised refiner? Not seen that size about on internet. Link to comment Share on other sites More sharing options...
Mr Pipples Posted December 18, 2008 Report Share Posted December 18, 2008 Yes they are stamped Umicore, have a look here. I suppose I have 2 concerns... 1) These are good delivery bars and if I took delivery of a gold good delivery bar, I have been told by BV that the value goes down because it goes out of the trusted banking/dealer cycle. Does this apply to these bars? 2) Are they difficult to sell? This isn't an LBMA size bar/deal - so not part of that chain of integrity, but the bigger the bar, the more chance of a dealer being bothered about assaying. Is it that much cheaper (relatively) than smaller bars ? (That's the good thing about coins - far more faff to fake... But a killer premium!) What their storage charges are like - might be able to put off VAT that way too. Link to comment Share on other sites More sharing options...
warpig Posted December 18, 2008 Report Share Posted December 18, 2008 I initially was surprised, but it was described by the dealer as a good delivery bar, so I tend to take his word on it. He was going to knock off £43/bar due to bulk purchase and so each bar less VAT is £1,399.00 (5KG). I was going to take delivery and that is why I was favouring the 5KG over the 1KG bars, it would be easier to move around. This isn't an LBMA size bar/deal - so not part of that chain of integrity, but the bigger the bar, the more chance of a dealer being bothered about assaying. Is it that much cheaper (relatively) than smaller bars ? (That's the good thing about coins - far more faff to fake... But a killer premium!) What their storage charges are like - might be able to put off VAT that way too. Link to comment Share on other sites More sharing options...
Mr Pipples Posted December 18, 2008 Report Share Posted December 18, 2008 I was going to take delivery and that is why I was favouring the 5KG over the 1KG bars, it would be easier to move around. Up to you fella, but if they'll do the smaller stuff for nearish the same price then, personally, I'd go for that option. I'm sure you won't find it too much of a chore having to move all those bars about - even if they're not quite such a 'handy' size. I'll come help if you like. Link to comment Share on other sites More sharing options...
Pixel8r Posted December 18, 2008 Report Share Posted December 18, 2008 This isn't an LBMA size bar/deal - so not part of that chain of integrity, but the bigger the bar, the more chance of a dealer being bothered about assaying. Is it that much cheaper (relatively) than smaller bars ? (That's the good thing about coins - far more faff to fake... But a killer premium!) What their storage charges are like - might be able to put off VAT that way too. Why not just take delivery of silver off the COMEX market as Jim Sinclair has described multiple times? Link to comment Share on other sites More sharing options...
Mr Pipples Posted December 18, 2008 Report Share Posted December 18, 2008 Why not just take delivery of silver off the COMEX market as Jim Sinclair has described multiple times? For silver, I'd think that's going to = expensive postage comparative to total value. I'd guess they'll only post high (expensive) security courier. (Think Comex silver are 1000oz bars too?) Dif' for gold! I looked into taking delivery via GM of silver LBMA 1000oz bars, but you have to pay an extra commission (min £500) to agent if wanting to pick up an amount less than 30 bars. EDIT: They've got silver Comex bars for sale here: http://www.bulliontradingllc.com/index.php?cPath=3 Not sure if they'd ship to UK or not. Link to comment Share on other sites More sharing options...
warpig Posted December 18, 2008 Report Share Posted December 18, 2008 The difference isn't insignificant based on the volume I was looking for... it certainly makes you weigh up all options. I spoke with Sonia at CID and she said she would have no problems buying 5KG bars from me, but I would need to ship them to Germany. The other option I am mulling over is goldmoney.com, as the long term goal is to reap the benefits through over sold silver and buy more gold longer term... I think I will sleep on it. I'll give you a call! Up to you fella, but if they'll do the smaller stuff for nearish the same price then, personally, I'd go for that option. I'm sure you won't find it too much of a chore having to move all those bars about - even if they're not quite such a 'handy' size. I'll come help if you like. Link to comment Share on other sites More sharing options...
Mr Pipples Posted December 18, 2008 Report Share Posted December 18, 2008 The other option I am mulling over is goldmoney.com, as the long term goal is to reap the benefits through over sold silver and buy more gold longer term... I think I will sleep on it. That's my sort of thinking too. More expensive storage for silver at GM, but you don't have to worry about security and FAR easier to swap over to gold when and if... Could be a kick down - if it gets to around mid 10's, that may be a good time to get stuck in. Link to comment Share on other sites More sharing options...
Mr Pipples Posted December 19, 2008 Report Share Posted December 19, 2008 Feedback on High Silver Premiums by Roland Watson - http://safehaven.com/article-12119.htm I'd go along with what the man says here - problem is, it's (speculation/manipulation-tastic) COMEX that sets the frikin price. Even if there is plenty of LBMA silver, COMEX needs a slap. Link to comment Share on other sites More sharing options...
Mr Pipples Posted December 19, 2008 Report Share Posted December 19, 2008 Silver May Rise Above $14 on Technical Signals, Citigroup Says - http://www.bloomberg.com/apps/news?pid=206...fer=commodities Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 20, 2008 Report Share Posted December 20, 2008 This article from David Morgan contains quite a bit of useful info. With some new places to buy silver. Silver—Where Is It? By: David Morgan 19 December, 2008 http://news.silverseek.com/SilverInvestor/1229670180.php Link to comment Share on other sites More sharing options...
G0ldfinger Posted December 20, 2008 Report Share Posted December 20, 2008 Still a good time to buy silver (at spot). http://gold.approximity.com/since2006/Gold-Silver-Ratio.html Link to comment Share on other sites More sharing options...
sash777 Posted December 22, 2008 Report Share Posted December 22, 2008 Franklin Sanders reckons Silver will be the major winner here: http://goldprice.org/silver-and-gold-price...mes-as-far.html I am about 60% Gold but may well stick some cash in Silver this week as it still looks relatively cheap in Sterling when compared to earlier this year. Link to comment Share on other sites More sharing options...
notanewmember Posted December 22, 2008 Report Share Posted December 22, 2008 Note to self - when you see 1g silver bars produced [and they were in the 80s ] The price of silver was high enough to warrant its production its time to sell silver. Link to comment Share on other sites More sharing options...
electroweak Posted December 23, 2008 Report Share Posted December 23, 2008 COMEX inventory suffered a huge depletion over the last few days.. The warehouse inventory (registered) went down from 77,750,977 to 68,189,037 Ounces in a single day on Dec 17. When this thing blows up it will be spectacular. The short position is something like a year's mining supply. Link to comment Share on other sites More sharing options...
G0ldfinger Posted December 23, 2008 Report Share Posted December 23, 2008 COMEX inventory suffered a huge depletion over the last few days.. The warehouse inventory (registered) went down from 77,750,977 to 68,189,037 Ounces in a single day on Dec 17. When this thing blows up it will be spectacular. The short position is something like a year's mining supply. I think I will buy some more silver pre-Christmas. Link to comment Share on other sites More sharing options...
wren Posted December 23, 2008 Report Share Posted December 23, 2008 Silver getting smacked down a bit. USD 10.16 EUR 7.30 Link to comment Share on other sites More sharing options...
Bobsta Posted December 23, 2008 Report Share Posted December 23, 2008 Silver getting smacked down a bit. USD 10.16 EUR 7.30 Screaming buy opportunity or what?! Now where's Ker to bring some realism back into the game?! Link to comment Share on other sites More sharing options...
wren Posted December 23, 2008 Report Share Posted December 23, 2008 Screaming buy opportunity or what?! Now where's Ker to bring some realism back into the game?! Maybe he meant £6.60. Mind you, looking at prices of gold coins in GBP recently, sometimes I'm not sure that it's not in euros. Link to comment Share on other sites More sharing options...
kernull Posted December 25, 2008 Report Share Posted December 25, 2008 Maybe he meant £6.60. Mind you, looking at prices of gold coins in GBP recently, sometimes I'm not sure that it's not in euros. i am posting charts in a separate thread from main discusions now: http://www.greenenergyinvestors.com/index.php?showtopic=5414 Link to comment Share on other sites More sharing options...
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