Kitco News speaks with Keith Fitz-Gerald of moneymorning.com about gold. Is it a time to buy or sell? Should you be in or out of gold? Fitz-Gerald says it doesn't matter. Watch now to hear his take on the yellow metal. Kitco News, July 12, 2013.
Monday, July 15, 2013
Silvertowne Silver Bars
Recent silvertowne purchase... Current stack up to 80 troy ounces..Silvertowne is a first class operation. they been in business for a long time. some of their older bars and round even carry some nice premiums with them. I received my 1st Silvertowne delivery today. So far I have been impressed with every aspect of my purchase. This is my first online silver purchase (I have always purchased at a local shop). Have u ever sold any silver that u purchased from Silvertowne? I'm curious how my local coin shop may react, they have always discouraged me from buying silver online (understandable they want to sell me silver). Just curious about trying to sell it...
How to beat a GOLD SHORTAGE
Gold is sold out! Or so you might think if you miss the true nature of coin supply...
By Miguel Perez-Santalla
Over the last few years, during the great investment demand for gold and silver, we have seen sporadic shortages in bullion coins.
Many people have written about these shortages as a harbinger of things to come in precious metals more widely. One of the fads is to decry supply issues in silver and now recently gold. However, the truth of the matter is less dramatic, if not quite so simple.
In most cases, supply issues with silver or gold coins are caused by abnormal or let's say surprising increases in demand from bullion coin buyers. Simply put, coins don't come out of thin air. They need to be manufactured. This all takes time and money. No one wants to tie up their money in a product that is not going to sell. That exposes gold and silver buyers to "just in time" inventory gaps if it's coins they want to buy.
Imagine you are selling a low-cost product with a high margin. It is much more likely that you will have enough inventories for almost all eventualities. Look at a typical retail product – how about lip balm? I don't really know the costs but I can guess. Some of the more premium brands sell individually for $10 each and more, but many quality brands sell for $1.00 or so.
http://www.resourceinvestor.com/2013/07/15/how-to-beat-a-gold-shortage?t=precious-metals
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
By Miguel Perez-Santalla
Over the last few years, during the great investment demand for gold and silver, we have seen sporadic shortages in bullion coins.
Many people have written about these shortages as a harbinger of things to come in precious metals more widely. One of the fads is to decry supply issues in silver and now recently gold. However, the truth of the matter is less dramatic, if not quite so simple.
In most cases, supply issues with silver or gold coins are caused by abnormal or let's say surprising increases in demand from bullion coin buyers. Simply put, coins don't come out of thin air. They need to be manufactured. This all takes time and money. No one wants to tie up their money in a product that is not going to sell. That exposes gold and silver buyers to "just in time" inventory gaps if it's coins they want to buy.
 |
| SILVER & GOLD SHORTAGE |
http://www.resourceinvestor.com/2013/07/15/how-to-beat-a-gold-shortage?t=precious-metals
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
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