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Thread: Maybe the FED is in a panic because so much silver has flown out of the mint?

  1. #1
    Join Date
    Sep 2009
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    570

    Default Maybe the FED is in a panic because so much silver has flown out of the mint?

    Maybe the banksters are hitting silver hard because of the unprecedented demand for silver and their scared sh$@less.

    Too, people are selling a little to pay taxes too.

  2. #2
    Join Date
    Apr 2010
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    9,850

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    With 1% of the population (the figure most often heard) holding physical silver, do you honestly think the Fed and banks even care?

  3. #3
    Join Date
    Dec 2008
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    897

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    Quote Originally Posted by cornflakesdisease View Post
    ...and their scared sh$@less.
    Doubt it.

    Quote Originally Posted by cornflakesdisease View Post
    ...Too, people are selling a little to pay taxes too.
    Taxes aren't due for three months.

  4. #4

    Default

    Don't assume that all the newly minted silver eagles are going to primary dealers.

  5. #5

    Default

    Quote Originally Posted by cornflakesdisease View Post
    Maybe the banksters are hitting silver hard because of the unprecedented demand for silver and their scared sh$@less.

    Too, people are selling a little to pay taxes too.
    Where do you get your information that people are selling? How do you know that your source is valid or correct. I urge you to take a look at a poll I created yesterday that confirms only 1 out of 40 people sold any of their precious metals. This when Au was down $30 (2%+) due to sellers according to our HOST.


    Someone killed the Hamster, or did the Hamster just commit suicide? The latter being more likely!

  6. #6

    Default Naa it was me!!!

    I bought 200 oz of silver and 2 oz of gold day before yesterday.... I'll take the blame for this drop! never fails.

  7. #7

    Default

    Bankers and Fed give less flying rats about silver. Come on what is silver? Industrial metal. Today its $30 tomorrow $10. Let not be foolish here. Look at the history.

  8. #8

    Default

    Quote Originally Posted by cornflakesdisease View Post
    Maybe the banksters are hitting silver hard because of the unprecedented demand for silver and their scared sh$@less.

    Too, people are selling a little to pay taxes too.
    Hmm, well, they better buckle up... nothing makes the silver fly out of the mint like a SALE.
    "Because gold is honest money, it is disliked by dishonest men."

  9. #9
    Join Date
    Dec 2008
    Posts
    897

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    Quote Originally Posted by AR15AU View Post
    ...nothing makes the silver fly out of the mint like a SALE.
    I don't get excited about a 5% off sale at the mall, why would I get excited about a 5% off "sale" on silver?

  10. #10

    Default

    Since the government buys silver nowadays on the open market--barring any secret stockpile of silver--if silver crashes are they obligated to sell ASE's at a loss? Or will they just melt the rest of their supply down and save it for when it's profitable?

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