JSILVER

I would love to get involved.
I will put in a 2015 1.5 oz Multi Maple Leaf silver coin.

I would love to get involved.
I will put in a 2015 1.5 oz Multi Maple Leaf silver coin.

I would love to get involved.
I will put in a 2015 1.5 oz Multi Maple Leaf silver coin.

Stunning coin, I am gutted I didn't get involved. We shall see how they do..... I am expecting well!

 

I totally didn't clock that! Enjoy the piedfort! I do love a good piedfort coin, I own a few silver ones.

The banks were very short. They have off loaded the shorts on hot money now. We can expect an upwards flush of price dislodging the shorts now. We have seen these wash and rinse cycles many times, where price is taken up and down wrong footing the speculative money to the profit of the banks which work together. The problem is the physical market has been draining the available physical and it has been going East.
Price entered the central bank buy zone for gold over Wednesday and Thursday. There has been significant [many tonnes] of buying. Much of this is on the spot market - XAU/USD etc. There are 600 tonnes a day cleared through London but only a fraction results in physical deliveries and these physical transaction fly under the radar until delivery is demanded, which will be happening over the next few days. These prices are expensive when it comes to Asia buying up gold on the cheap.
These wash and rinse cycles are more difficult to pull off b/c there isn't the volume of physical necessary available at the alleged prices on the charts.
People can buy coins at the click of a mouse, so keep a close eye. It is Non Farm Payroll on Friday. It would not surprise me if the data was not that good. We have had indications from the Fed saying the slump in the economy is a temporary phenomenon [not] and the ADP job figures weren't good. There has been other negative data floating through. They are rigging the jobs numbers so any number could appear but if the number is a truer number i don't expect anything sparkling which is positive for the price of gold.

*Typo 
It should get lower tomorrow..
The question is what coins to buy
 

No but stock market PE ratio went to 120 in 2009 at height of crisis!So people saying the stock market will crash are full of crap in my opinion.If the value of fiat goes down how could assets such as gold,blue chip stocks not go up?Sovereign debt is the problem.Hedge funds won't buy lots of gold as imagine trillions of dollars going into gold!The market couldnt absorb it whereas the stock market can.Everyday people with savings can buy gold and silver if you have a pension in gilts or sovereign debt good luck.The only way stock markets crash is if we go full mad max its the money thats the problem not assets.Gold went up because they were printing money and everyone expected massive inflation which didnt happen because the money they printed went into the banks and they parked it as extra reserves at the central bank so the money never entered the real economy.Now theyve supposedly stopped doing as much qe the money is slowly seeping into gold and the stock markets.Thats tge way i see it anyway.

Yes, but that doesn't mean there isn't a huge paper market also which, for the most part, is what determines the price. We live in hope that one day the physical markt will reassert itself, but when that day comes it will be impossible to buy any more physical anyway.

The condition still looks ace!
I got a 1922 Sov as one of those pick an mix ones from HGM's.
 

The condition still looks ace!
I got a 1922 Sov as one of those pick an mix ones from HGM's.
 

The condition still looks ace!
I got a 1922 Sov as one of those pick an mix ones from HGM's.
 

The condition still looks ace!
I got a 1922 Sov as one of those pick an mix ones from HGM's.
 

I seem to have spent at the right time been abusing STG. Started my stack at the right time.