The world is running out of silver, big opportunity | Goldseek Radio

Richard Daughty, who describes himself as “the angriest guy in economics, is writer/publisher of The Mogambo Guru economic newsletter and a general partner and COO for Smith Consultant Group, serving the financial and medical communities. Prior to joining Smith, Daughty was a financial adviser to American Express Financial Advisers in Clearwater, Florida. He holds an MBA in operations research from the University of South Florida and is a strong advocate for sound fiscal and monetary policy. His comments appear frequently in such fine publications as GoldSeek.com, the Daily Reckoning and Barrons.

25 Responses to The world is running out of silver, big opportunity | Goldseek Radio

  1. doobsta says:

    @borat443
    apmex, kitco

  2. askmeif says:

    @borat443 Yes, Apmex. Trusted and proven. Good value if your buying more than a handful.

  3. ForTehNguyen says:

    @borat443

    APMEX

  4. stagflation2010 says:

    @borat443 northwest territorial is a good place to buy silver.

  5. vdubs4life1964 says:

    I’m buying three more rolls tomorrow…

  6. MYAR15SaysImFree says:

    @borat443 Quality silver bullion has divisible rounds. Each oz divide into 1/4ths

  7. MYAR15SaysImFree says:

    @askmeif Good company. I have put some descent sized orders in and was very happy with all of them.

  8. MYAR15SaysImFree says:

    @kenandjasha Just think of it as extended buying time.

  9. tabcan says:

    Believe what you want but I’m not buying the hype. Not at all. This is a suckers game.

  10. ForTehNguyen says:

    i dont consider buying gold/silver as “spending” money, gold and silver is money. I am merely “exchanging” money for another form of money, one that’s a hell of a lot more real and stable than toilet paper.

  11. Breycor says:

    @tabcan Um, ok.

  12. sscam2001 says:

    @tabcan Please don’t buy precious metals then, so I can buy more at a cheaper price, thank you for sticking to paper, I need someone to take this toilet paper off my hands for the real money!

  13. juliganp says:

    Annoying guest. Blah.

  14. investornator says:

    Its my retirement fund,no one ripping me off,on my superannuation :)
    Buy Gold/Silver its super super

  15. Wittmann73 says:

    silver taking off today … got gold and silver?

  16. lintburger says:

    @borat443 CNI is the best deal. Kitco is the worst, don’t deal with them at all, APMEX is excellent however again you will pay shipping, Tulving is very good too however they have minimums. Also check out Colorado gold they are great, and their buyback is 1% or nothing if you buy from them. Good luck.

  17. greenii44 says:

    hey folks..watch (melt up)….

  18. TadRapidly says:

    the Mogombo is really yucking it up as usual. The guy must carry mice in his underwear.

  19. tichatschek says:

    Great Mogambo!!!!

  20. soundzero says:

    Gainesvillecoins (dot) com period! visited them several time. real deal and beats APMEX all day in pricing.

  21. PlatinumGordon says:

    @sscam2001 Right on mate. I want a bit to lol. Let the poor simples keep their paper and computer numbers.

  22. PlatinumGordon says:

    @askmeif What is the best way to buy it? 1 oz coins cost about $30 australian – the spot price is $22 per oz. I do like the 1 kg coin

  23. reginald58 says:

    I started trading silver in 1985 on the comex, even back then [ Hunt Brothers ] it was manipulated
    today still the same !!! but by JP Morgan THIS CAN ALL CHANGE ! IF SOME TRADERS, AND IT WOULDN’T TAKE MANY TO TAKE POSSESSION OF THERE BUY PRICE, ON THE COMEX !!! AS OF NOW THE U.S. MINT HAS SUSPENDED
    THE MINTING OF GOLD AND SILVER COINS. A SHORTAGE, COME ON PEOPLE WAKE UP !!! ONE CANADIAN PURCHASER DID JUST THAT. HE CALLED THERE BLUFF, THEY COULDN’T DELIVER THE SILVER AS PROMISED,

  24. teller121 says:

    @soundzero Tulving Co., and another CA company, California Numismatics Investments, are real solid. I’ve done business with CNI and, despite their name, they sell HUGE amounts of bullion and they’ve never pushed me to buy rare coins (though I have a handfull of rare slv and gld coins bought elsewhere). The premium there today on 1oz. Philharmonikers is approx. 3.75%. I like the Gainesville site but I didn’t notice their prices being THAT good. Since I live near there, I’ll check it out again.

  25. Excidium567 says:

    @kenandjasha Have you heard there is a deadline in place that the CFTC has to put position limits in place within 180 days (this was a couple weeks ago) This will force JP Morgen to cover at least some of it’s naked short positions – how much of a jump in silvers price this will cause will be determined by what number of contracts they decide to limit it to, but say it only causes silver to jump to the likes of $25 – $27, it will be enough to draw more peoples attention to silver at least.

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