Purchasing Silver and Gold coins

[NObshere]

Did not mean to sound snotty just returning the post to it's original thread

BTW very good english...LOL

[NObshere]

I think that the best non ferrous metal to invest in is lead...

[M590a1]

HA HA HAHAAHAA!!!

[icrcc]

Don't forget Brass. 

[Gravlore]

So predictable in keynesian economics. QE will continue until a currency collapses under its own weight. The balance sheet, velocity of money and M1-M2 show that throwing money can not fix peoples attitudes toward prosperity. Devalue that paper even more and lets get this show on the road.

http://research.stlouisfed.org/fred2/series/M2V/
http://research.stlouisfed.org/fred2/series/M2SL?cid=29
http://research.stlouisfed.org/fred2/series/AMBSL?cid=124                     <------ (please check this one out)
http://research.stlouisfed.org/fred2/series/WRESBAL?cid=32215

There is more but this is enough fantastic news for now.

[M590a1]

"Quantitative Easing Unlimited" for the next 3 months or so.  Relax, this Sept 2012 article indicates this has been going on for well over a year.  Nothing to worry about. 

http://www.businessinsider.com/unlimted-qe-2012-9

[Gravlore]

http://viableopposition.blogspot.ca/2013/10/the-ever-slowing-velocity-of-money.html

Excellent rundown on economics. The charts and the explanations to go with them.

Just bought more PM's today. It may fall but it has hit some strange floor IMO. Oil inventories are higher (Bearish for economy) Consumer sentiment is lower (Bearish as well) but the GDP numbers are higher (bullish). Why would the GDP be higher even though spending is low? Mixed messages are everywhere. France is downgraded to AA credit rating now and the ECB lowered rates 25bp. This is NOT a sign of strong economies. Paper pushers are in the metals markets and this distorts the value (as many already know).

Here ya go. Seriously read this data before making an informed purchase/selling decision. Much of it is in layman terms. Let me know what you think.

http://www.moneymorning.com.au/20131108/the-comex-gold-shortage.html

[icrcc]

Both are excellent links Gravlore. The fist link explains things so that the layman can understand them. The second link concerning the disappearing gold talks about the gold moving to the east and I don't mean Europe. I agree with the author that we may not see it return during this generation. Also physical gold remains a safe long tern investment.

[Gravlore]

While I am not a huge fan of numismatic coin and collectables I am putting in a 10% holding into them. I purchase limited runs that are attractive pieces. The reason is that I enjoy looking at them and if (big if) things were ever to return to a normal state as far as the economy goes, much of it should gain in monetary value. Its a hedge for me. Kind of like buying baseball cards for some, but the coins are silver in content and will not hit 0 no matter what. 3-4X cost on actual metal content is not exciting but collectables that are silver are much better than currency collectables that are base metals. I know this goes against the grain of collapse but it is a small hedge.

[Gravlore]

Lies>  http://www.cnbc.com/id/101189233

And here is a LONG but great explanation why. It mirrors much of what I tell others around me. Its nice that some understand charts well. If you read anything economic, please let it be this. If you think its crazy by the END of the article, you can disregard anything I have to say from this point on (if you haven't already). It is the closest thing to a real forecast that I have seen in a long time.

http://www.zerohedge.com/news/2013-11-02/paul-brodsky-fed-holding-burning-match

[Mountainman]

Evenin' All,

Canadian Mint is producing a new 1/4 ounce gold coin commemorating The Devil's Brigade. Only minting 2000 coins. $650 per coin.

Here is the link: 

http://www.mint.ca/store/coin/coin-prod1690007?sp_rid=NjU2MDYyNjA2NAS2&sp_mid=7657323&spMailingID=7657323&spUserID=NjU2MDYyNjA2NAS2&spJobID=108709464&spReportId=MTA4NzA5NDY0S0#.Urzs0_vDva4

Sorry could not get a copy of the coin image.

Mountainman.

[icrcc]

Here is what it looks like.

[Gravlore]

Military coins are popular but the premiums that are attached to these (Numismatic) coins mean that one should own them for personal enjoyment over investing. I have a couple Numi's and I do own them to look at them the same way someone looks at a model car. Some get more valuable and some dont. If they sell out within a couple weeks you have a coin that is in high demand since it is hard to corner the market on a coin with order limits. At least that is what I have been told.

[Gravlore]

Check out this beauty.

http://www.euromuenzhandel.com/epages/61294941.sf/en_GB/?ObjectPath=/Shops/61294941/Products/60186201301

[Mountainman]

Here is what it looks like.

Thanks ICRCC!!

They are also minting a silver coin, from the same dies (if that is what they are called.)

Yes, some coins have more value than just the precious metal they are made from. I would think investing in art is similar.

MM.


Grav's,

That is an impressive coin. 4 oz of silver!! The Canadian Mint also does a 1 kg silver coin, but they sellout fast and are outside my disposable income level at the moment, LOL.

MM.

[JustABear]

Investing in art assumes that there will be a market of individuals who are willing to pay more than a premium for the intrinsic value.. ie beauty, scarcity etc. As a hedge against inflation or for prepping it would seem a poor investment to spend 3 or 4 times as much for the same product (silver) that would only appeal to a VERY limited market and perhaps NO market in bad times. As well if you are trying to sell it in bad times the person who would be buying would be the one with the power or resources to control what it is worth. YOU would be in the position of having to sell... and perhaps desperate for whatever you can get to buy food , bullets, medical supplies or whatever you or your family needs. Pretty to look at certainly but to my mind a VERY poor investment over bullion or junk silver unless you seeking the beauty or collectivity.

[Gravlore]

Uggg. Will the madness never end. FOOOOOOOOOLS!

http://www.theglobeandmail.com/news/politics/bank-of-canadas-gold-coins-to-be-liquidated-in-federal-push-to-balance-books/article16141316/

[icrcc]

If it isn't nailed down looks like it will be sold. So when it is all gone then what?

[zeker]

recently I have been looking for silver, now that the price is down.
contacted a friend in the states who owns a coin shop justmeasurescs.com and he says he isnt getting singles anymore. nobody is bringing themintohis shop.
his shipping on tubes was reasonable (10-12$)
contacted silvergoldbull canada and their shipping was $26 for the $25 coin.
not for me.

ebay scares me with fakes.altho yrs ago I bought many there.

 NEVER BUY A COIN FROM CHINA.

kijiji had some places and found one close to me (coniston) and have contacted the guy and will be getting one or two from him ea month.cdn maples. $26
I dont drive my old wreck too far and it so happens that i have a friend about 15 min from this guy and she will go today to get me one.

I dont have much disposable income anymore but, one a month, I can do.

[Mountainman]

Uggg. Will the madness never end. FOOOOOOOOOLS!

http://www.theglobeandmail.com/news/politics/bank-of-canadas-gold-coins-to-be-liquidated-in-federal-push-to-balance-books/article16141316/

Short sighted for sure.

MM