Re: Fed coin-melt bars are turning up
in response to
by
posted on
Nov 04, 2008 02:21PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Well well, ain't ole Yeller moving up with an attitude. Perhaps there is some substance to the reports of Fed Melts bars showing up overseas, meaning physical supplies are as tight as ever and are quickly reaching the point where Physical price dominates world commerce in the Ultimate currency. As one can see the final blowout panic raid on CRIMEX inventories must be stalled at all costs to keep the paper charade (and Wall Street in general) going a little longer, so even the last remaining legacy US Gold is being sacrificed in order to satisfy overwhelming demand, no matter the devastating consequences to the Greenback later on down the road. This is desperation in it's final death throws - a glowing sign that the day of reckoning is quickly approaching the event horizon when *everything tangible* (commodities included) is priced at cash spot, while paper prices are relegated to the back benches. Gold is merely the first dominoe to get the chain reaction going that changes the dominant pricing mechanism for generations in the process. I also wanted to point out this evening that there is good news to be found in the timing of this desperate firesale of the family heirlooms. Dumping large quantities of Fed Melt Bars today so close to Nasa space launch time assures investors the US will *never* confiscate private PM hoards. Imagine you have been a good steward of your finances only to find your supposedly "rich dad" is up to his eyeballs in debt, has admitted he's facing temporary financial stress (aka is Bankrupt without your contributions) and asked you to pledge your hard won nest egg to help maintain his extravagant lifestyle for just a few more weeks. Well he ain't getting squat no matter how much family loves him and Uncle Sam who's raided the cookie jar, blown all credibility by selling the ultimate reserve asset certainly isn't getting any spare change or Gold.
Is there any similar stress evident in the Silver physical market where unexpected supplies are turning up? Perhaps. Let me preface by pointing out that much tighter Silver supplies have been reported for months and the situation is only worsening as delivery delays extend from weeks to months. But in the face of overwhelming demand, Dave Morgan claims Miles Franklin has all the Silver bars investors could ever want. I don't believe it for a second & believe everyone should immediately take this guy up on his generous offer. Getting back to the original point, where is this Silver being sourced? Are more secret stashes being raided because the POS has perked up lately? You be the judge, while I try to figure out what sucker has had his allocated Silver robbed out from under his nose.
SILVER INVESTOR MESSAGE
Source for 100 oz. Silver Bars
This message is going out to the Silver Investor mailing list. We have had numerous requests to help people find a source for 100 0z. Silver Bars. It took some work and effort but a source has been located!! Please note, these bars are 0.999 (triple nine) fine silver!!
These are NOT Johnson Matthey or Engelhard bars. These are known in the trade as generic bars, but let's be real with one another, any .999 fine silver bar is just that it might have a different hallmark but it is equal in quality to any other bar of the same fineness. In fact it would not surprise me that at some point these 100 0z. bars become very recognized by the marketplace.
Miles Franklin has obtained a source for these bars and at this point it seems that Miles Franklin will be able to keep supplied with these bars for the foreseeable future.
Miles Franklin was one of the highest rated dealers in our bullion sellers report and we are letting our readers know that at present Miles Franklin has about Two Hundred (100 0z.) silver bars.
Call Miles Franklin Toll Free for details at: (800) 822-8080
Sincerely,
David Morgan