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John Rubino: Get Your Gold And Silver Now Before They’re All Gone — Oops, Too Late

Dollar Collapse, Released on 3/22/20

Precious metals advocates have been warning for years that the time to load up on a safe haven asset is before it’s needed, because by the time it is obviously needed it won’t be available. That seemed a

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6 Responses to John Rubino: Get Your Gold And Silver Now Before They’re All Gone — Oops, Too Late

  1. Joe Reply

    03/22/2020 at 8:24 pm

    “Oops, Too Late — All Gone”

    Lol! That’s exactly right. Now if you want silver, that is, the real thing, you can “still” buy it – sort of. It goes like this. Say you want 500 ounces of silver. A bullion dealer will take your order and your cash, and if all goes perfectly well, you may get delivery in four weeks or five weeks or more – maybe. At least that is what you hope. But with things changing almost daily, who knows what will happen between now and the hoped for delivery date. Didn’t Forest Gump say: “Stupid is as stupid does”?

    But it even gets better. With the world economy slowing, demand for commodities is also slowing. And with silver a by-product of mining for copper and other metals, means that there will be less silver for sale than previously. Ooops even more???

  2. joe Reply

    03/22/2020 at 9:12 pm

    Here is the latest news:

    “STOP PRESS – SWISS GOLD REFINERS CEASE PRODUCTION

    The Swiss Canton of Ticino, in the Italian part of Switzerland, has just ordered the gold refiners based there to close, initially to March 29th but this is expected to be extended. Three of the world’s largest refiners – Argor, Valcambi and PAMP are based in Ticino. More later in this article.”

    Ooops x 3?

  3. joe Reply

    03/23/2020 at 4:03 am

    Ooops… another Ooops! With the new self shelter requests being put into effect in state after state, walk-in bullion dealers, coin dealers, and coin shows are being shut down. This means the ONLY way remaining to get gold or silver is to order from an on-line bullion dealer – if he has any inventory for sale. Ooops x 4?

    Apparently, when it rains it pours…. on the wait to the last minute crowd…

  4. Joe Reply

    03/23/2020 at 3:53 pm

    Just checked the golddealer.com website. Their walk-in doors are now closed, and their agents are only taking orders via phone. Also, it looks like all their silver inventory has been sold. All that is available is silver coins/bars that haven’t been minted yet. Buy now and with lots of hopium, you may get something in 4 to 5 or even 6 weeks or more. My how things change so quickly. Sort of like those folks in 2004 that went to the sea shore to watch the tsunami. But once they realized the predicament they got themselves into, then whoooosh…. it was too late to do anything. oooops…..

  5. Joe Reply

    03/23/2020 at 7:15 pm

    Just checked golddealer.com again, and they are not taking any pre-orders for Canadian MLs. This didn’t happen in previous demand events. But the good news is (drum roll) you can still buy gold off ebay (for now). One ounce coins can be had for about $1700 each (about a $150 premium over the fake spot price)…. which is still quite good given that just a week ago or so that was the spot price…

  6. Joe Reply

    03/24/2020 at 1:08 pm

    Wow… what a difference 12 hours makes. Even ebay has very little for sale. Just 17 one ounce coins sold in the past 12 hours. But there is a lot of gold plated scrap electronics for sale or even some gold electroplating kits. Oh, and the price of 1 ounce gold coins are now in the area of $1800 each – but very little to choose from though….

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