Any thoughts on this post?

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

Any thoughts on this post?

Postby coincrazy » Fri May 20, 2011 9:10 am

http://fofoa.blogspot.com/2011/05/costa ... forum.html

It's a long read. If anyone gets through it I'd like to hear your thoughts.
User avatar
coincrazy
Penny Pincher Member
 
Posts: 152
Joined: Tue Mar 30, 2010 3:00 pm

Re: Any thoughts on this post?

Postby coincrazy » Mon May 23, 2011 9:28 pm

Did anyone read this analysis?
User avatar
coincrazy
Penny Pincher Member
 
Posts: 152
Joined: Tue Mar 30, 2010 3:00 pm

Re: Any thoughts on this post?

Postby Nickelmeister » Mon May 23, 2011 9:58 pm

I follow FOFOA very closely. His essays are extremely long and complicated, but well worth the read.
Standing offer: BUYING Canadian junk silver at 90% melt. PM me to lock in price and quantity.
User avatar
Nickelmeister
1000+ Penny Miser Member
 
Posts: 1103
Joined: Sat Jun 21, 2008 10:00 am
Location: Winnipeg, Manitoba, Canada

Re: Any thoughts on this post?

Postby theo » Tue May 24, 2011 1:12 am

He spends a lot of time on the minutia of the COMEX, bullion banks and SLV, but I doubt any of that will matter when the dollar loses reserve status and most of its value along with it. Also, the silver correction seemed like an intentional act with the goal of punishing the speculators and supporting a struggling dollar. It started when most of the markets were on holiday.
theo
1000+ Penny Miser Member
 
Posts: 1742
Joined: Sat Jan 31, 2009 10:00 am
Location: Western Pa


Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 38 guests