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Post by Deleted on Apr 16, 2013 8:51:55 GMT -5
Gold is and has always been a very volatile commodity , like a rocket it goes straight up then down .
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Post by Sir John on Apr 16, 2013 15:05:21 GMT -5
I believe that an ounce of gold kept a Roman family for about the same time as an ounce of gold does today.
SJ
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Post by Deleted on Apr 16, 2013 17:02:28 GMT -5
When in Rome do as a Roman would do . question is WHAT do Romans do ? .
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Post by Sir John on Apr 16, 2013 17:29:13 GMT -5
Well, they knew how to win a war!
Except at Teutoburg Forest.
SJ
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Post by Sir John on Apr 16, 2013 17:42:52 GMT -5
PANIC IN THE GOLD/SILVER MARKET!!!!!!
Todays news from the Mints etc.
Surge of Buyers Rush for Physical Gold & Silver
Posted: 16 Apr 2013 06:25 AM PDT Here is a summary of some observations and dealer notices / comments I've seen over the past few days (please note some are candid comments, not intended as official communique). I have been tweeting many of them as I see them, so if you're on Twitter you can follow me here (@bullionbaron) for more timely updates.
Weekend (13th/14th of April):
Tulving (US) - Site was down for the majority of Saturday (Service Temporarily Unavailable message), returns later in the weekend with heavily depleted inventory.
Atkinsons (UK) - "Due to volatility in the precious metal markets we are unable to take any further orders at present."
Provident Metals (US) - "Expect a short delay on orders containing 2013 Silver Eagles."
Bullion By Post (UK) - "Due to unprecedented demand and price volatility, we are unable to take any further orders until 9am Monday."
Bullion Club (AUS) - Ran out of 1 ounce Gold coins.
Monday - Tuesday (15th/16th April):
Gold Stackers (AUS) - "Bloody busy. All buyers, no sellers, but have heard of a few major sellbacks at other dealers."
Bullion List (AUS) - "There may be some delays on shipping some items due to the mad rush for physical at the moment. It seems the entire world is going bargain hunting for physical at the moment but we can still take orders and lock in prices."
Bullion Bourse (AUS) - "Please expect delays due to extreme market conditions. Orders may take up to 4 weeks to dispatch."
Ainslie Bullion (AUS) - Closed their online store, reports their phones were ringing off the hook.
Perth Mint (AUS) - Reports of customers 12 deep at the counter. Perth Mint Bullion site went offline for part of the day on the 16th.
APMEX (US) - 2013 American Silver Eagles out of stock.
Atkinson (UK) -"I need to thank you one and all for your support, orders, and patience. The simple truth is we are inundated with orders on a daily basis."
People's Daily Online (CHINA) - "Shoppers swarmed into gold jewelry shops in Shanghai over the weekend lured by the two-year low of bullion price after global gold prices plummeted."
Kitco (US) - Kitco is now no longer selling Eagles, Maples, Bisons, or Koalas to anyone in the US.
SJ
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Post by Deleted on Apr 16, 2013 22:31:44 GMT -5
Aye there was Teutoburg forest but the lads paid dearly for that when the Romans came back not once but three times .
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Post by Sir John on Apr 17, 2013 0:32:13 GMT -5
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Post by Swampy on Apr 17, 2013 1:32:59 GMT -5
Prices have been falling.
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Post by Sir John on Apr 17, 2013 4:22:06 GMT -5
'Dollar Cost Averaging'
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Post by boxcar on Apr 17, 2013 12:36:50 GMT -5
Hi Ho Silver, away....away!
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Post by Swampy on Apr 17, 2013 14:52:22 GMT -5
Hi Ho Silver, away....away!
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Post by Sir John on Apr 17, 2013 16:10:45 GMT -5
I have decided to dip my toe in the water, and am in the market for a Canadian Gold Maple.
OZ$1421 each.
Swampy probably has a 'Monster Box' hidden away.
SJ
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Post by Sir John on Apr 17, 2013 16:14:48 GMT -5
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Post by Deleted on Apr 18, 2013 20:04:08 GMT -5
I am not a lawyer but I have a small monster box and if you look close you will see a 1 ounce gold eagle
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Post by Sir John on Apr 18, 2013 20:16:13 GMT -5
In my view, the Silver Eagle and the Gold Eagle are both very beautiful coins. Many say they are the most beautiful.
SJ
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