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Thread: Time to load up the truck again?

  1. #41
    Great Value Carrots hoarder's Avatar
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    Re: Time to load up the truck again?

    Paper metals are way down. Is paper and physical completely decoupled? Gold silver ratio at 115 to one. It's not time to back up the truck if there is none for sale.
    Law of supply and demand be damned.

    Junk silver at $21.70 an ounce. https://www.apmex.com/product/5200/9...face-value-bag

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    Re: Time to load up the truck again?

    Quote Originally Posted by hoarder View Post
    Paper metals are way down. Is paper and physical completely decoupled? Gold silver ratio at 115 to one. It's not time to back up the truck if there is none for sale.
    Law of supply and demand be damned.

    Junk silver at $21.70 an ounce. https://www.apmex.com/product/5200/9...face-value-bag
    I would call silver as decoupled, but not quite so for gold.
    Gold is still available, perhaps not in so mush a variety.

    Still, it is utterly and unequivocally unfathomable to me, that under the headlines like we have today, under the circumstances like we have today, gold is STILL at this level.
    It is totally unbelievable. It is incredulous

  3. #43
    Unobtanium osoab's Avatar
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    Re: Time to load up the truck again?

    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

  4. #44
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    Re: Time to load up the truck again?

    Quote Originally Posted by jcismylord View Post
    I would call silver as decoupled, but not quite so for gold.
    Gold is still available, perhaps not in so mush a variety.

    Still, it is utterly and unequivocally unfathomable to me, that under the headlines like we have today, under the circumstances like we have today, gold is STILL at this level.
    It is totally unbelievable. It is incredulous
    Bankers own enough gold to keep the price down, but not silver, it's been used up.

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    jcismylord (17th March 2020)

  6. #45
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    Re: Time to load up the truck again?

    Quote Originally Posted by jcismylord View Post
    I would call silver as decoupled, but not quite so for gold.
    Gold is still available, perhaps not in so mush a variety.

    Still, it is utterly and unequivocally unfathomable to me, that under the headlines like we have today, under the circumstances like we have today, gold is STILL at this level.
    It is totally unbelievable. It is incredulous
    Apmex is completely out of silver bars and the premiums on what they do have are extremely high. Didn't see anything this profound during the '08 financial crisis. I do feel this whole virus thing is way overblown and it will be interesting to watch the markets slingshot back when the masses catch on. The buy/sell ratios seem to have exploded also.
    Dictatorship naturally arises out of democracy, and the most aggravated form of tyranny and slavery out of the most extreme liberty." – Socrates


    "Communism can be summed up in one sentence: The abolition of private property." ---Karl Marx

    "Either you have the right to own property, or you are property." Wayne Hage

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    hoarder (17th March 2020)

  8. #46
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    Re: Time to load up the truck again?

    Quote Originally Posted by hoarder View Post
    Bankers own enough gold to keep the price down, but not silver, it's been used up.
    I agree that is probably the reason.

    But I feel like their power is not limitless.

    It seems limitless if compared against "measly" you and me and against the general managed, mind-controlled, populace.

    If you look at history - it is no different that many decades ago. Then came a day when an external entity, France, demanded gold in exchange for paper.

    Than it was over.

    Likewise today, they can brainwash populace, they can manage expectations, they can throw money unto COMEX, they can threaten those who dare standing for delivery, etc, etc,etc.

    But, as they make the things go out-of-wack - there is China and Russia and even Turkey. France is also still outthere.

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    hoarder (17th March 2020)

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    Re: Time to load up the truck again?

    Quote Originally Posted by woodman View Post
    Apmex is completely out of silver bars and the premiums on what they do have are extremely high. Didn't see anything this profound during the '08 financial crisis. I do feel this whole virus thing is way overblown and it will be interesting to watch the markets slingshot back when the masses catch on. The buy/sell ratios seem to have exploded also.
    even though the 08 seems actually smaller than 2020,

    there is one notable exception

    in 08 there were big entities that were getting in spectacular trouble / bankropcy

    this time over I see no news of huge institution getting into big trouble

    the FED seems to have learned how to provide support behind the scene, so that the huge and magnificent public collapses, instilling "I am the next" fear throughout, are not allowed

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    Re: Time to load up the truck again?

    Quote Originally Posted by osoab View Post
    Yeah, tell that to margin calls.

    I don't think the fire sale is over yet.
    Do you recon the fire sale might be over now?

    I see GAEs now are at $1826.39 on "pre-sale" at APMEX. Still seems to be kind of available, even though they have hidden it out from their main pages.

    I remember times when gold was like $380 - $400 per t-ounce and various governments were announcing their gold sales here and there.
    Today I see $200 swings in just ONE DAY.

  13. #49
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    Re: Time to load up the truck again?

    Quote Originally Posted by jcismylord View Post
    Do you recon the fire sale might be over now?

    I see GAEs now are at $1826.39 on "pre-sale" at APMEX. Still seems to be kind of available, even though they have hidden it out from their main pages.

    I remember times when gold was like $380 - $400 per t-ounce and various governments were announcing their gold sales here and there.
    Today I see $200 swings in just ONE DAY.

    Phys has dislocated from paper.

    If you want it and can get, get it.
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

  14. #50
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    Re: Time to load up the truck again?

    So, we are approx at 54% profit since this thread start.

    I have been slowly, but steadily unloading the truck over the last couple of months.

    Anybody else doing the same? Ideas? Thoughts?

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