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Thread: 2014 silver premiums rise on lack of supply while spot price falls via manipulation

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    Unobtanium
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    2014 silver premiums rise on lack of supply while spot price falls via manipulation

    Spot price manipulation continues while silver inventories dwindle...

    Yesterday, the U.S. Mint said 89% of this week’s quota of 3.58 million silver eagleshttp://images.intellitxt.com/ast/adTypes/icon1.png were sold following sales that were stopped on December 9th because of a lack of supply.

    [Today, January 13, 2014, the United States Mint began accepting orders from authorized purchasers for the 2014-dated American Silver Eagle bullion coins. First day sales reached 3,180,500 coins from the weekly allocation of 3,575,000 coins.] http://news.coinupdate.com/first-day...on-sales-3104/

    Separately, the Perth Mint has announced that they have sold out of their silver bullion coin – the one ounce 2014 Australian Kookaburra.

    Read more at http://investmentwatchblog.com/silve...65gCtzxoOM6.99



    Increasing demand for U.S. silver coins was poised to send premiums to the highest since October even as banks including Goldman Sachs Group Inc. predicted more declines in futures after the biggest annual slump since 1981. The premium charged by wholesale dealers for American Eagle coins from the U.S. Mint may rise to 17 percent from 14 percent yesterday

    Meanwhile:

    Goldman has said precious metals will slump 15 percent this year with silver dropping to $17.50 an ounce in 12 months.
    The bank is also expected by the end of 2014 the price of gold will drop to $ 1,050 an ounce.

    http://www.bloomberg.com/news/2014-0...lies-ease.html

  2. The Following 2 Users Say Thank You to ximmy For This Useful Post:

    govcheetos (15th January 2014),Libertarian_Guard (15th January 2014)

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    Iridium Spectrism's Avatar
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    Re: 2014 silver premiums rise on lack of supply while spot price falls via manipulati

    This tells me the big money is now dumping fiat currency for metal assets. It won't be long before the real valued items become unobtainable to the commoners. We are about to go into the great austerity depression. Watch for government actions to steal anything you have in "fairness" efforts to redistribute the wealth. Having an income above the average will make you a target. Having property will make you a target.
    SPECTRISM time countdown2025

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    Re: 2014 silver premiums rise on lack of supply while spot price falls via manipulati

    Quote Originally Posted by Spectrism View Post
    This tells me the big money is now dumping fiat currency for metal assets. It won't be long before the real valued items become unobtainable to the commoners. We are about to go into the great austerity depression. Watch for government actions to steal anything you have in "fairness" efforts to redistribute the wealth. Having an income above the average will make you a target. Having property will make you a target.

    Being white and not a liberal will make you a target.

    Thinking for yourself will make you a target.

    Busting your ass for a living will make you a target.

    Wanting the general public to leave you the fuck alone will make you a target.

    Being male and finding offense at sucking dick will make you a target.

    If you think folks should load up on tangibles at any chance they get that makes you a target.

    If you don't believe the shit they're telling you that makes you a target.

    etc, etc, etc.......

    Wasn't pickin' on you Spec, just sayin'.

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    Re: 2014 silver premiums rise on lack of supply while spot price falls via manipulati

    This site charts the daily physical silver premium over spot based on the prices from GoldPrice.Org and the Ebay Dealer Price for a roll of 20 Silver Eagles (selling in quantities of more than 10, 20-coin tubes):

    didthesystemcollapse.org: American Silver Eagle Physical Premium Over Spot

    Saw this other Silver Eagle premium over spot chart on ZH indicating the last time the physical silver premium was this high (over 75%) was the start of the last big bull run in silver price:

    https://cms.zerohedge.com/s3/files/i...?itok=3GY49qJy

    Image from the report: zerohedge.com: Gold Market Roiled As Mystery Buyer Waves In 300 Tonnes
    They went to war with Human Nature, Cold and Flu Season and the Weather!
    Corporation, a fiction legitimized by government, is part of big government
    Their men were like women and their women were like Jews

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