real silver where to buy??

[JBmurc]

keen on buying some real silver anyone know where i could go about this in NZ not much -500-600 kilo[?]

[willy_wonker]

Why would you want so much physical stock of silver? How will you carry it and where will you stock it?

Better to buy contracts or futures or stocks

[Futurz]

Maybe he wants it for some good old fashioned Vampire hunting

[kittydashwood]

Trade me has good offers on bullion from time to time.

[neopole]

photo waste management
mt wellington
they have 100's of kilos of pure silver
ph 09 570 4783

[lucky]

JB..your silver wedding comming up ??

[JBmurc]

just lookingcould easyly store in steel container-at moment -oil nickel gold shares are the go for me -think warren buffet recenty brough tons of silver bullion[?] worth looking into anyway [?]was talking with chch silver dealer yesterday he belived the price would down
trend under $5-he couldn,t help with a big order -something i found
From now on higher oil prices should feed through the whole system fuelling a run in inflation in all goods and services due to embedded oil costs. This will force up the cost of fiat money and cause traditional asset prices to crumble. The economic impacts of peak oil compared to the oil shocks of the 70s (when gold hit $850 and silver flirted with $50 an ounce) are likely to be orders of magnitude worse. These earlier shocks were caused by a lesser shortfall in production ( under 6%) which was eventually reversed. The 70's oil-shock gives Jason Hommel's prediction of exponential price appreciation for the precious metals precedent, but this time there will be no reversion to the mean. We are caught in a Catch 22 hyperbolic financial & social discontinuity that will short out with resource wars (already underway

[JBmurc]

-WORTH A READ-. Depletion of World Government Silver Inventories

Over the years we’ve seen systematic and persistent sell offs of world government stockpiles of silver, especially by the US, the largest former historical holder of silver. That means there is very little, or no real silver left that is available to dump on the market in case of a price emergency to the upside. Unlike gold, which world governments can still sell, they can't sell silver to contain a price rise, even if they wanted to. This is true for the first time in history. Never before have the government silver coffers been so bare. If the government fire trucks are called to put out a fire in the silver price, there won’t be any water to pump. This may not be a reason for silver to explode, in and of itself, but it certainly is a reason to expect that a silver rise will have to burn itself out, and will not be easily put out. In fact, given my observations for how governments react, it would not be terribly surprising to see some governments buying silver at exceptionally high prices, now that they have none left. They would finally realize just how vital and strategic this material is.

With government stockpiles exhausted, the only legitimate sellers of inventory will be those individuals who had the foresight to buy real silver in the first place. And these sellers, according to all free market principles, will be striving to get the highest price possible for their property, not seeking to cap the price rise. I am not saying to hold all your silver until it reaches $200, or $500, or $1000 an ounce, although those prices may be achieved. I am trying to explain what I see as valid conditions that may result in those price levels being hit. Any one of the reasons I mention could result in the price of silver hitting levels that will be talked about forever. Amazingly, all could kick in simultaneously. These conditions are peculiar and unique to silver. They don’t exist in any other commodity, nor have they ever.

6. Too Much Money, Too Many People, Too Little Metal

Because of the long-term structural deficit in silver, stretching back to World War II, we have consumed inventories for more than 60 years. Inventory data suggests that we have consumed over 95% of the world silver inventories in that time, some 10 billion ounces in total. This means that world silver inventories are at the lowest levels in hundreds of years. To make the point more graphically, if you use cumulative world production data, and subtract a generous one billion ounce total (known and unknown) remaining silver inventory (no one has been able to document more than 150 million ounces in known silver bullion inventory), we have the smallest amount of aboveground silver than at any time since 1300 AD I'm not making this up - there is less above ground silver bullion equivalent today than at any time in the past 700 years.

How can this be? Simple, up until the past 50 to 100 years, we never used silver for anything but for jewelry, utensils, coinage and investment. It was just like gold. Then came modern technologies that made use of silver in a wide variety of applications. We still use silver for jewelry, but its use in utensil and coinage has fallen off. Meanwhile, it has grown for photography, light and heat transfers, electrical, electronics, catalysts and medicine. The cumulative silver production of thousands of years was consumed in less than a hundred years in vital uses which benefited mankind. The accumulated world silver inventory is gone at precisely the time of greatest demand in history.

Against the disappearance of the world's silver inventories, we have the largest amount of people, money and credit in history while the supply of available silver shrinks. There is more money and buying power. This is reshaping Asia and other countries and it means more demand for silver.

If someone like Bunker Hunt or Warren Buffett goes to buy a chunk of silver, there's going to be a big problem. There isn't enough silver. This is a problem unique to silver th

[willy_wonker]

Why dont you buy some shares in Aussie Silver minning stocks. Or you can buy long dated silver contracts. Call a options, futures dealer for more info.

[Andrew]

I will sell you a certificate of silver, which can be redeemed at any time at the face value of silver less commission.

This reminds me of the rip off going on in the eighties. There is no silver to back up the securirty and even if there is supposed to be it may noy be there.

You should ring the Hunt brothers in their Debtors prison in the USA. They thought they would try and corner the silver narket. They lost their shirts.

Silver is reasonably plentiful, but it costs to get it out of the ground. When the price goes up it becomes more profitable and more is dug from the ground. As the price goes down usually due to more srock on hand less is dug up. This is the standard supply and demand model.

Check the silver price over the last 20 years. You would have not got rich holding onto it. The commission on sale of bullion also takes its bit. To make mpney out of silver apart from the small movements up and down ( cant buy and sell on this due to the commission and handling charges) the price will take you 20 years to keep pace with inflation. Better leaving it in the bank. Everyone must meet their waterloo, Buffet may have met his with his so called investment.