Thursday, July 21, 2011

APMEX Gold and Silver coins & bullion - Review

Buyer reviews  buying experience from American Precious Metals Exchange (APMEX) and give you the review you need to see before you buy. Overall they are decent site. I have bought alot from them. There is good and bad- Prices are good, packaging is great, website is good. The Bad-Payment options, shipping prices. I still use them..Indeed APMEX is cool!, Monarch Silver is great too! You dont find handmade-bars like they do em anymore
I have had NO problems with apmex with 10's of thousands worth of orders.... been very satisfied and their prices are good, shipping is quick, gentleman below needs to read the clearly defined rules about canceling orders..I pay the credit card charges, for the convenience. I am not looking at it as as much as investment but more insurance.

Silver is a Powder Keg Waiting To Explode

Silver is a Powder Keg Waiting To Explode




Gold's value is ALL psychological since there are few uses for it in industry. Ten times more gold than silver today and going higher quickly as few new silver strikes are being found but HUGE increase in gold mining works out to amount of gold above ground doubling in five years. Was one billion in 1990. Now 5 to 10 billion. 20 billion is on the way for gold. As silver continues to DECREASE in amount available to industry or investment. "pick your poison". Gold has weaker highs and shallower lows - best for those who want stability. Silver is a roller coaster. I have both PLUS am fully "prepped". Something many overlook. In a complete collapse of society there will be a period where food, water, etc. are priceless while metals are not in demand. Do NOT buy metals for barter in a period of anarchy. You'll trade a fortune in silver for food. Become a "prepper" as well as having "real money" for AFTER anarchy. .tomorrow the new exchange opens -tomorrow in HK for silver contracts, i am glad to have gotten a little more 'amazing change' in my pockets.....350M accounts already set up to buy i hope even just one in a hundred pays attention to those commercials and buys a single contract and i hope that the new exchange is not corrupt like the others, diluting the paper out over 100 times.."Money supply" has increased 300% since Obama took office while assets behind the money supply has shrunk. No major inflation (yet) as, thus far, almost all of the added money supply sits in banks, etc. to help their books. Eventually these dollars will be put into circulation as problems worsen. THEN we will see major inflation + Depression. Currently, money in circulation has actually dropped! There is no way out now without default or print to hyperinflation. Both = major Depression. QE99



MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Bob Chapman - Ringside Politics July 20th

Bob Chapman with Jeff Crouere - Ringside Politics July 20th

Bob Chapman : what would happen if they do not increase the debt ceiling , the credit rating of the United States will drop , people with bonds won't get paid it will spread to other entities as well such as municipal bonds area , it will also affect the corporate bond area because yields overall will go higher because of the risk evolved the risk would be that the credit rating of te united states dropped because as Ron Paul said US has an unplayable debt , Michell Bachman is right about not wanting to vote to increase the debt ceiling but the problem is anybody else ready to bite the bullet


Jim Rogers : GOLD price is going to go much higher no matter what happens

Jim Rogers :  I do not have a forecast I am just watching , if the dollar turns to confetti then you pick the number there is no number of how high it will go if it continues to be priced in US Dollars ,so it is not a question I even think about , because  I am just watching to see how the world evovlves I know it is going to go much higher no matter what happens , if the world turns paper money into confetti which look like it might do then there is no top for gold and silver and real assets 


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman on The Sovereign Economist 20 July 2011

Bob Chapman : silver is going to go up stratospherically , what they did when they increased these margin requirements is that they wiped out every small and medium investor who just could not afford the margins , now on the way down they cleared every body out , but guess what the market works on both ways now on its way up there is no overhead resistance because there is nobody there anymore they destroyed their own game , that's way Silver is going back to $50 shortly ....


Marc Faber : Gold is nowhere close to a bubble

Marc Faber : I was in a resource conference this is one of the resource conferences run by Standard Chartered Bank in Hong Kong all the miners are there and all the big shots in commodities and investors that are interested in commodities are there , ask the audience and you will think that these people have an exposure to Gold only about 5 people in an audience of like 400 had more than 5 percent of their assets in Gold , I find it amazing , I went already to 2 hedge fund conferences these are relatively intelligent people you would think but none of them had any exposure to Gold personally I said to them , you all intelligent people how come you do not have any gold at all don't you see what is happening with the money printing in the world , Gold was $252 in 1999 it is now $1580 (15 July 2011) they think it is expensive at this level what they do not consider is by how much credit has increased over the last ten years by how much the world population have increased over ten years by how much the supply of gold have increased , it is not increasing it is actually contracting , it the next five to ten years the total gold supply in the world will go up by precisely 3.8 percent no more , you know you mine something it is gone it is no longer there and so the supply that is no longer there is like Oil burned it is no longer there , every oil well runs dry over time " .." let's  say you buy Gold today , I do not know it may go down say a $100 , here it goes down a $200 but looking at all the factors we discussed I do not believe that we are in a bubble stage , because I have lived through the last bubble in the late 70s I can tell you that the whole world followed the Gold market day and night and traded Gold 24 hours a day like the whole world traded NASDAQ stocks 24 hours a day in 1999 and 2000 that has not happened yet we do not have a heavy weighting we do not have a heavy kind of euphoria about Gold at all , the risk today is not to own Gold but to not to own any Gold , if you have no gold at all I think you are taking a risk , and my advise is simple every month you put some money aside and you buy a little bit of Gold you do not worry about the price fluctuation buy every month a little bit and your grand children will be very happy about that unless the US government takes it away that is a possibility with Mr Bernanke just look at him he particularly not a honest looking character ..."
- in The Financial Sense NewsHour Interview



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman - Jeff Crouere - July 20, 2011

Bob Chapman : I do not thing there will be a bill by August 2nd , more likely it will be thrown until mid October ....the social security is Ponzi scheme and nothing else ....
Bob Chapman, the International Forecaster discussed the global economy, the debt crisis, the problems in Europe, the rising costs of food and fuel and the overall state of the economy. For more information, or to sign up for his newslette

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