A Dime’s Worth of Difference

Posted by on April 20th 2012 in Bailout, CFTC, China, Federal Reserve, General Economy, Gold, JPMorgan, Monetary Policy, Short Sellers, Silver, Wall Street | Be the first to comment!

A charting exercise that contrasts the purchasing value of silver with that of the U.S. dollar, and puts the CPI-adjusted silver price at north of $100 an ounce, leads to the conclusion that silver currently trading around $32 per ounce offers what could be an historic buying opportunity.

And a Coin Week article asking “What’s the Best Way to Invest in Silver?,” points out that “90% silver is very popular because it sells for the lowest premium over melt of any form of physical silver…. If you hold those coins until silver rises by say $10 a ounce, you can sell them for a profit and not lose a chunk of your initial outlay to premiums which disappear at the time of sale.”

Related Links:

MarketWatch:  Gold inches higher, loses 1% on week; silver up 0.8% for week

Kitco:  Watch U.S. dollar, FOMC meetings for metals markets’ direction

Jesse’s Café Américain:  Comex silver inventory watch heading into May-July delivery period

Silver Doctors/Seeking Alpha:  HSBC transfers 329,000 ounces of silver into JPMorgan’s vaults; CME silver stocks at an all-time high, or are they?

Bullion Bulls Canada:  Two scenarios for next precious metals rally

KWN/SafeHaven:  John Hathaway – Fed to print more money & gold to hit new highs; Many signs point to gold’s higher prices

Jim Sinclair’s MineSetQE to infinity certain with European Stabilization Mechanism treaty

Wall St. Cheat Sheet:  Gold and silver miners put real money where their mouth is

Global Times:  Shanghai Futures Exchange paves the way for silver futures

Zero Hedge/Got Gold Report:  Eric Sprott & Charles Biderman discuss paper vs. physical gold; Biderman knocks government ‘statistics’

WSJ:  Gold is an ‘anti-government trade

Bloomberg:  BofAML’s Blanch says U.S. fiscal woes will push up gold

Tim Iacono/NYT:  Non-Fed leading economic indicators negative again; Fears rise that recovery may falter in the spring

ReutersGrowth vs. inflation debate sharpens

Russia Today/Business Insider:  Ron Paul fights the Fed in new video game

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