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Silver Shorts Crisis in 2013

Home › Forums › Breaking News › Silver Shorts Crisis in 2013

This topic contains 2 replies, has 3 voices, and was last updated by Avatar of jerrian jerrian 4 months, 1 week ago.

Viewing 3 posts - 1 through 3 (of 3 total)
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  • January 2, 2013 at 11:01 AM #19580
    Avatar of Steven
    Steven
    Member

    http://seekingalpha.com/article/1089781-silver-shorts-crisis-in-2013

    Here’s a nice article about the massive silver short position of the banks. Looks like 2013 will be a good year for stackers.

    January 2, 2013 at 11:45 AM #19582
    Avatar of XC Skater
    XC Skater
    Member

    Perhaps slightly OT, but does anyone how how it ended with the nearly 20 million ounces for late December delivery? Did COMEX ask buyers to accept January delivery, or maybe offer a cash settlement plus damages?

    February 10, 2013 at 10:33 PM #21260
    Avatar of jerrian
    jerrian
    Member

    Hopefully a “fingers cross”, and many investors will come to get involve.

    Regards,
    Jerrian a cruel intentions necklace maker

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Avatar of MaryB
MaryB
" Your money, I happily shoot my 70's surplus in my Mosin at 16 cents a round. Clean when I get home and never noticed it any more dirty than other cheap ammo. Only way it will get cheaper is when I start reloading for the Mosin, need a die set. " Reply To: Guns, Guns, Guns
Posted on: 2013-06-19 23:27:41

Avatar of mikeyj80
mikeyj80
" Lots of craigslisters will trade items for coins here, but no businesse accepting silver that I know of. Seeing plenty of silver coins on ebay but wanting 21x face for them, auctions selling much cheaper. Plenty and plenty of ASE and Maple silver bullion rolls available from the usual dealer... " Reply To: Did anyone ever tried purchasing stuff with precious metals?
Posted on: 2013-06-19 23:14:56

Avatar of Flying Wombat
Flying Wombat
" I don't know, Mary. You might be right as far as damage, but all the old 1970s surplus ammo I've tried that is corrosive was super dirty. " Reply To: Guns, Guns, Guns
Posted on: 2013-06-18 23:48:04

Avatar of MaryB
MaryB
" Yup the ammonia neutralizes the acids in the powder residue. If people are paranoid they can take it with to the range and spray down the barrel before heading home. " Reply To: Guns, Guns, Guns
Posted on: 2013-06-18 21:41:34

Avatar of SilverHawk
SilverHawk
" There are two middlemen here in town that will exchange the silver for paper during normal business hours, for now... Aside from the few mom and pop stores converting it in the back of the store, it hasn't caught on as a growing trend.  But at least we have the gold and silver "stores" that wi... " Reply To: Did anyone ever tried purchasing stuff with precious metals?
Posted on: 2013-06-18 13:58:24

Avatar of Mammoth
Mammoth
" Once I offered to pay an automobile mechanic with Silver Dollars but he declined. But two weeks later, when we bumped into one another again at a gas station, he asked me if I still had the coins.   I lied and told him "No." " Reply To: Did anyone ever tried purchasing stuff with precious metals?
Posted on: 2013-06-18 12:01:45

Avatar of AGXIIK
AGXIIK
" Windex   I've never heard of it used for that. Is it the ammonia that neutralizes the corrosive elements?   I heard that Simple green is a good solvent for general gun cleaning.  It seemed logical in that so long as you dry the gun thoroughly, the SG stuff cleans like a whiz.   " Reply To: Guns, Guns, Guns
Posted on: 2013-06-17 22:41:57

Avatar of MaryB
MaryB
" Nice hobby too, very relaxing for me to zone out casting. Then concentrating reloading but away from all electronics and interruptions. Even my phone gets turned off. " Reply To: Did a little bullet casting yesterday and today
Posted on: 2013-06-17 22:26:36

Avatar of MaryB
MaryB
" Corrosive ammo is fine, I don't know where the myth started that it instantly eats barrels. Military used it for years and you know they didn't clean guns the minute they stopped firing. I shoot corrosive surplus all the time in my Mosin, when I get home a squirt of Windex down the barrel then cl... " Reply To: Guns, Guns, Guns
Posted on: 2013-06-17 22:24:19

Avatar of UglyDog
UglyDog
" Wombat's right about the Saiga 12, devastating fire power at close range for under $1000.  Your better AR15's can run NATO 5.56 rds.  That's plenty of stopping power and they are American made which I like.   Ammo of all calibers is available for immediate delivery now at BulkAmmo.com " Reply To: Guns, Guns, Guns
Posted on: 2013-06-17 20:36:41


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