Tag Archives: news

APMEX Want’s To Buy Your Gold and Silver

Well I am now more bullish on gold and silver.  Just got an email from APMEX asking to buy my gold and silver American Eagles.  They are paying 3.00 OVER spot on Silver and 38.00 OVER spot on gold.  Given this is one of the largest dealers in the US it should tell you something.   They are currently selling silver at like 5 dollars OVER spot as well.

Here is part of the email

“APMEX Wants To Buy Your U.S. Mint Products!

Dear Jack,

Due to the recent incredible demand for Gold and Silver bullion products, APMEX would like to offer you an exclusive opportunity to LOCK IN YOUR PRICES and sell us some of your U.S. Mint collection. This is a limited time offer and it is first come, first served until we have secured enough U.S. Mint bullion products to meet our current demand!

“We Want These Products:

We will pay you $38.00 over the current spot price of Gold for your Gold American Eagles. ANY year, ANY quantity!

We will pay you $3.00 over the current spot price of Silver for your Silver American Eagles. ANY year, ANY quantity!

We will pay you $1,250.00 for your 2010 America The Beautiful 5 oz. Silver coin sets. “

To me this is one of those small but significant signals that many big financial analysts miss.  The key here if you have ever sold gold or silver is you usually get right about spot price.  Be it eagles or generic rounds or what ever, each class has a spot price.

Generally spot is what dealers pay and some level over spot is what they sell at.  Silver is currently at about 45 and some change so 3 over spot represents a 6% premium on Silver Eagles.  That is not even close to out of line when you are buying from a dealer but it isn’t very common when selling to a dealer.

The conclusion is simple, APMEX one of the largest metal dealers in the U.S. believes that now is the time to buy even if you have to pay a little more.

Does this mean I am converting all my cash to silver or gold?  No and I am not saying you should either, given I hold significant metal reserves already I won’t buy much if any but it does tell us something about the current outlook.   I also think if you are currently buying an ounce or two a month it may make these recent highs a bit easier to handle.

FWIW – I have NO RELATIONSHIP or affiliation with APMEX.  They are just one place I have purchased metal from in the past and I am on their mailing list.  I have tried, UNSUCCESSFULLY to get some sort of discount or shipping deal from them from the MSB but they have never responded.

Episode-390- Eight News Stories You Should Know About

Today we discuss eight news stories you won’t hear in main stream national media.  They each tell us something about our future and effect us as modern survivalists.  While I generally focus on solutions once in a while it is good to stay in touch with current and emerging problems so that we can can continue to adapt our solutions.

Tune in today as we discuss these eight stories

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-373- News Events from Listeners

Rather than a typical listener question show today I decided to bring together 5 news events that were sent in by various listeners.  The first one is not that obvious as to why it applies to the other four but I bring them all together at the end.  We also bring in a recent 5 minute speech from Congressmen Ron Paul today.

Join me today as we discuss…

  • Azle Texas is out of water due to a single line breaking and needs help from 15 cities to fix it. – (Link to the source story)
  • Social Security and Medicare are both currently bankrupt according to Gary North – (Link to the source story)
  • Paying off the National Debt is now “mathematically impossible” – (Link to the source story)
  • In 2009 the Federal Reserve bought 80% of its own securities – (Link to the source story)
  • Video warning from Dr. Ron Paul – (Link to the video) – note the audio is very soft in the video, I boosted it and played the audio in today’s show

Additional Resources for Today’s Show

Episode-234- 5 News Events Effecting Modern Survivalists

I am finally back in the car, tune in today to hear me discuss some current events such as California is sending out IOUs, Peter Schiff on gold, the G8/G5 Summits, food shortages coming in 09/10 and more.

Tune in today and get more about

  • California is bankrupt (seriously) what can we learn from this and what will happen next?
  • Peter Schiff says buy gold now, what I agree with and disagree with
  • IMF says the recession will end in 2009 after they said it would not, which is correct?
  • G8/G5 Summits say we will limit global warming to only 2 degrees C by 2050, but not how or who is going to pay for it
  • Climate change is threatening global food productions but it is too cold not to warm

Resources for today’s show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show.

You also now can call in questions or comments for the host at 866-65-THINK, (866-658-4465) please read the suggestions for calling in before you do for the best chance of getting your comments on the air.

Episode-163- Listener Calls for March 20, 2009

Today’s show gives the answers to six questions asked by our listeners on our toll free call in number of 866-65-THINK, and has a much enhanced audio quality because I am in my home office this morning.

Tune in to get the answer to the following questions,

  • How can you leave coded signals for your family at rally points if you have to leave and move on
  • What do you do if you have trouble signing up for our survival forum
  • Which seeds and plants should you choose for your new gardener as a beginner
  • Will we do a video on reloading for the Members Support Brigade
  • Where and how do we get all our info on news, politics and current events and where can you do the same

Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon.   Also please enter our listener appreciation contest and help spread the word about our show.

You also now can call in questions or comments for the host at 866-65-THINK, please read the suggestions for calling in before you do for the best chance of getting your comments on the air.