Investing in Metal.

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Trigger_Andy
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Post by Trigger_Andy »

I buy from these guys. http://coininvestdirect.com/ They are very good and have a strong customer base. Never heard a bad word against them. You can track your package via UPS etc. So for testing Gold, well Gold is very heavy I think its comparable to Tungsten in Weight. So if you know what the Gold will weight for a set size, Ie a Canadian Maple Coin which is .9999 Pure Gold you can weight it on the Scales and if the weights correct then you can be 99% sure its Gold. You can also do an Acid test on the Gold but obviously you have to mark it and loose a little of the weight. You can also get it electronicly tested these days too, dunno where though.

The main this is to buy from a reputable dealer. http://coininvestdirect.com/ like most dealers buy back from you too. :thumbright:
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Trigger_Andy
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Post by Trigger_Andy »

http://silverstockreport.com/2011/500-by-2020.html

Silver: From $30/oz to over $500 by 2020
(And from $500 to $5000 by 2030!)

Silver Stock Report
by Jason Hommel, January 12th, 2011

Silver: From $30/oz. to over $500 by 2020. In under a minute, I can tell you why that price must happen, and likely when. It seems to me that the public will one day wake up and start buying silver to protect from inflation. Thus, long before, say 10-20% of people buy silver, at least 1% of the American public will buy silver. We can calculate what might happen to the silver price when that happens.

The amount of money in US Banks is about $18 trillion. 1% of that is $180 billion.

Very little silver is left; it's mostly all been consumed, so most of what is available to buy is the annual new mine supply which is 700 million ounces.

$180 billion is $180,000 million. Divide that by 700 million, and we get an implied price of $257 per ounce. Do the math yourself. I'll wait.

But that price would mean that there is no newly mined silver left over for any industrial use, and that nobody else outside of the USA could buy any of the world's newly mined silver. Clearly that can't happen; those two groups would continue to buy silver, competing to buy, and driving up the price even more.

Thus, silver is very likely to be about $500/oz., by about the time that 1% of the American public wakes up and starts to buy silver. That will be the very beginning of the bull market in silver, when measured by "popular demand" -- and at that price, silver would still be very unpopular.

Just remember these key facts, and don't let anyone, or even yourself, trick you out of this developing bull market in silver. Don't try to time the peaks, don't wait for dips, just buy and hold real silver, not any kind of paper silver promise.
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Prothed
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Post by Prothed »

I'm not saying not to buy gold or silver... just that if the crunch came and you want to sell then you are relying on someone else to say what it's worth.
Andy - a golden (or tungsten) opportunity here. Gold is $45000/kg and tungsten is $45/kg. Have you got a workshop with a big drill on that oil rig?
Anyone use Goldmoney or Bullionvault?
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Trigger_Andy
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Post by Trigger_Andy »

From what Ive read the Banks have 'sold' 100 times more Silver than they actually own. So when and if the times comes and people try and take there paper Silver and Gold outta the Banks and Vaults then they will be in for a nasty surprise! Id much rather have what I own in my hand.
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Trigger_Andy
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Post by Trigger_Andy »

http://blogs.telegraph.co.uk/finance/an ... qus_thread

Maybe time to invest more money in metals?

Gold is up $100 an oz and Silver is up 25% since I started this thread on 01.2011.
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autofetish
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Re: Investing in Metal.

Post by autofetish »

Trigger_Andy wrote:Anyone here invest in Precious Metals?

Anyone in Germany willing to receive coins for me and post them on? :D


PM sent in germany :thumbright:
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Trigger_Andy
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Post by Trigger_Andy »

Jason Hommel Silver Stock Report
http://silverstockreport.com/

Dear Capitalists of the World
(Try to buy silver, just try!)
Silver Stock Report
by Jason Hommel, May 26th, 2011, Grass Valley, CA

The last time I challenged the Billionaires of the world to try to outperform silver, all failed, as I predicted. No billionaire reportedly doubled his wealth since September, 2010.

In September, silver was under $20/oz. Today, silver is $38/oz., and on a dip down from $49.50/oz.

I wrote, Dear Billionaires of the World
(The Silver Market is a tiny $1.9 billion)
Silver Stock Report
by Jason Hommel, September 2nd, 2010
http://silverstockreport.com/2010/billion.html

I wrote why silver would outperform, and I sent this information out to the top 25 Billionaires who had contact information via email that was available.

Since that time, billionaire Carlos Slim got into the silver market, but he sold 3 years worth of production already, and will likely miss out on much of the upside, unless he covers, and buys back that silver, on this dip.
http://www.businessinsider.com/carlo...r-sales-2011-5

Also, since that time, Eric Sprott, who manages billions, and who might be a billionaire himself, listed my name, along with David Morgan and Ted Butler as "the smartest guys in the room" when it comes to silver.
http://marcfaberchannel.blogspot.com...-sprott-1.html

Why silver?

For over 100 years, silver has been demonetized -- meaning, silver is no longer used as money, which reduces demand, which has reduced value, which makes it a perfect undervalued asset.

For over 66 years, since the end of WWII, silver has been consumed in industry, mostly in electronics, to the point that most of the silver ever mined in all of human history has been consumed. This reduction and consumption of supply has made silver more rare, and has created a potential natural monopoly for those who buy silver now.

The world mines just under 10 times as much silver, as gold, each year, suggesting a price ratio of 10:1, showing silver may perform 4 times better than gold, given the current price ratio of 41:1.

In sum, the silver market remains very tiny, for billionaires. World silver mine production is about 700 million oz., yet industrial consumption of silver in over 10,000 different applications continues to increase faster than mine supply.

World investment demand, which is a small portion of overall demand, has vastly increased, but remains a tiny 250 million oz., which, at $40/oz., is a relatively tiny $10 billion, tiny in the scale of world finance.

By the time even a tiny 1% of U.S. paper money tries to buy silver to protect itself from inflation, that would be $180 billion dollars (1% of $18 trillion), or 18 times as much investment money went into silver last year.

Finally, the silver price has risen enough so that a billionaire now actually can buy $1 billion in real, physical, silver bullion.

But the logistics of buying that much will remain difficult. At $40/oz., that would be 25 million oz., which will weigh 1.7 million pounds, or 865 tons. Or, 865 massive truck loads. That's a lot of truck loads of silver, and a lot of fork lifting that needs to get done, and the construction of the vault needed to store all of that needs to get started on immediately.

To put 25 million ounces of silver into perspective, that is also about two and a half times as much silver as was produced by the US mint each year on average, which used to be only 10 million oz., until just the last few years where the US mint is on pace to produce about 35 - 40 million oz. this year.

Warning: Don't store your silver with any bankers or brokers, not anywhere in the world, not even Swiss bankers. And don't buy any ETF silver, either. Why not?

The BIS, the Bank of International Settlements, has a report showing that world bankers are short, or in other words, have silver liabilities, or owe other people or entities, up to $130 billion to $203 billion worth of silver. This is an admission of fractional reserve silver banking, and it's fraud. (Recently, the $203 billion number was revised down to $107 billion, after I began publishing links to their report!)

This BIS report is perhaps the best evidence of the biggest admitted fraud in the entire world. No conspiracy "theory" is needed. This is what the big boys themselves admit freely in their own reports!

Here is the BIS report (they change the location frequently):
Start here:
http://www.bis.org/statistics/derstats.htm
Click here:
http://www.bis.org/statistics/otcder/dt21c22a.pdf

There are two tables. See the second one, Table 22A.

Table 22A: Amounts outstanding of OTC equity-linked and commodity derivatives
By instrument and counterparty
In billions of US dollars

"Other Precious Metals" (IE, mostly silver, but also platinum and palladium, both tiny markets)

Notional amounts outstanding:
$123 Billion, as of Dec., 2010.

This silver debt cannot be paid back easily, if ever. As I mentioned, the world only mines 700 million oz. per year, which, at $40/oz., is only $28 billion. The world banks owe many years of world production of silver, more than could be obtained on the world markets.

Again, it will be very difficult to acquire $1 billion worth of silver, let alone up to $123 billion to $200 billion that the bankers owe.

Good luck trying to outperform silver!

Against this backdrop of the excellent fundamentals of silver, the United States is printing money like crazy, and the rest of the world is racing to print even more.

Last month, when the news was covering the potential government shutdown, while Democrats and Republican budgets were bickering over a mere $30 billion, while the US government is actually spending a whopping $1,600 billion more than they are taking in, the public woke up.

Many of our customers at www.jhmint.com said, "They are not remotely close to fixing the problem, and there will be inflation for years to come." People are waking up.

When horrible inflation hits, there are very few things to actually buy to protect your money. See the empty shelves after a currency crisis in Belarus, on May 23, 2011, three days ago, here:
http://www.stevequayle.com/News.aler...to.of.day.html

Most things in the world have a horrible price spread, that is, a wide price between the buy and sell prices.

Silver and gold are the things to buy. What else is there? Copper? Plastic forks? Laptop computers that will be obsolete in a year or two? Food? No. No. No. And yes, maybe $10,000 for food, or enough for a year or so, enough to protect your life, but it won't protect your wealth.

Silver and gold are real money, even if they are not currently being used as a medium of exchange. In fact, their lack of use as a medium of exchange make them an even better store of value, because you are buying them prior to when the price goes much higher in value when everyone else will need to buy them to protect from inflation.

Soon, the government will need to discuss raising the debt ceiling. That debate will be in the news for a few weeks. People will, again, flock to silver.

Soon, the government will need to discuss a quantitative easing III, because QEII will run out in June, 2011, if it has not run out already. People, again, will flock to silver.

You will not beat the public to the punch, you are already a bit late to the party, and you will be lucky to get silver below $100/oz.

Why? Because the tipping point has already been reached.

Good luck!

Oh, by the way, this email is going out to 82,000 emails, and to the top 25 billionaires in the world. The 82,000 email recipients have an estimated combined net worth of over $10 billion.


=====

I strongly advise you to take possession of real gold and silver, at anywhere near today's prices, while you still can. The fundamentals indicate rising prices for decades to come, and a major price spike can happen at any time.

Follow me on facebook I have 3500 friends, and I hear there is a limit of 5000!
http://www.facebook.com/jason.hommel

JH MINT & Coin Shop, Grass Valley, CA -- minimum order $5000 for free shipping, USA shipping only.
Open 10AM to 5PM Pacific Time, Monday to Friday, closed weekends and bank holidays. (Also Closed from Dec. 25th to Jan 1st)
www.jhmint.com
(530) 273-8175
Kerri handles internet phone orders:
kerri.jhmint@yahoo.com
(530) 273-8822

See also my mom's store in Sacramento, CA, she will also ship overseas, and handle smaller orders.
www.momsilvershop.com

Sincerely,


Jason Hommel
www.silverstockreport.com
www.bibleprophesy.org
www.jhmint.com
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Trigger_Andy
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Post by Trigger_Andy »

Golds up nearly $300 an oz since I started this thread back in January...........................
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Jon Benn

Post by Jon Benn »

You should be investing in Osmium long term. Or curium if you can get it, £120 / mg
Anonymous

Post by Anonymous »

Unobtanium is much rarer LOL!

Its what 68 S/Stock cars are made from and some Hemi Wingcars LOL!!!

If you carry on like this Andy, you will be buying your own Hemi car soon!

bacman.
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charger01
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Post by charger01 »

baccaruda wrote:Unobtanium is much rarer LOL!

Its what 68 S/Stock cars are made from and some Hemi Wingcars LOL!!!

If you carry on like this Andy, you will be buying your own Hemi car soon!

bacman.
Don't be silly Jon. Andy is Scottish...He won't part with a penny. Last time he dropped a coin it hit him on the back of the neck. :lol:
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Trigger_Andy
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Post by Trigger_Andy »

Jon Benn wrote:You should be investing in Osmium long term. Or curium if you can get it, £120 / mg
Interesting, Ill have a look at then later tonight.

I see Gold is less that £50 an oz cheaper than Platinum just now! :shock:

Now, the annual Gold production is about 2800 Tons where Platinum is about 30! Its a sure sign of the times when Gold is on the up and Platinum is on the way down....................
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Trigger_Andy
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Post by Trigger_Andy »

charger01 wrote:
baccaruda wrote:Unobtanium is much rarer LOL!

Its what 68 S/Stock cars are made from and some Hemi Wingcars LOL!!!

If you carry on like this Andy, you will be buying your own Hemi car soon!

bacman.
Don't be silly Jon. Andy is Scottish...He won't part with a penny. Last time he dropped a coin it hit him on the back of the neck. :lol:

:roll: :D
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Dart Vader
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Post by Dart Vader »

Jon

With my contacts back in the former USSR and other ex soviet states some of that radioactive Bananarama! might be

cheapandplentium

wink wink
Justin "Supreme Leader" Greener
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