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closed 2 x dos peso £198 posted SD
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closed 5oz and 10oz silver bars
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closed 2024 1/4 Gold Britannia
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closed silver rounds, bars or coins
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closed 1853 shield sovereign
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closed Britannias £22.50 each
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closed Low premium sovereigns
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Heubach selling 1 kg of Sterling silver 0,65€ over spot (£21,76): https://www.heubach-edelmetalle.de/verkauf/1-kilo-silber-muenzen-925-mix-15346 -
By BackyardBullion · Posted
Royal mint business model -
Yen Soars After Japan Intervenes To Prop It Up For Second Time In 3 Days: https://www.zerohedge.com/markets/yen-soars-after-japan-intervenes-prop-it-second-time-3-days Japan's Warning For America: https://www.zerohedge.com/markets/japans-warning-america
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Legend has it, @James32 does too: -
I usually put one on top of the other when stacking😁 -
Wait... 23 people have voted, and 23 people have chosen physical...so everyone stacks physical!
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Yes, but... If I had asked this question 10 years ago, the poll result would have been much different. Simpler. What we can see now is that folk have greater choice in how they accumulate precious metals, or derivatives. Digital gold is fairly new and mining stocks/ETFs are a lot easier to buy than before. (Trading212/Robin Hood etc.) The fact that only 67% stack physical is interesting. 😊
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Multiple options can be selected. Basically on a physical gold forum the majority will obviously vote 'physical', so more a question of what other forms of gold may also be held. Ask the same in a Bullionvault forum and the majority will indicate that, also perhaps with some other forms. -
The Royal Mint's remit is to ... mint. It promotes dealership competition rather than enforcing a monopoly by setting its spreads to be relatively wide. Flipped the other way would you rather no other dealership being able to compete because RM's spreads were the tightest/smallest/best! It's spreads are in effect a maximum cap that other dealerships wont be inclined to extend beyond. Competition is good, as is having maximum caps on spreads. It's teams are focused upon distribution of its minted products around the world and has many partnerships for that purpose, such as a partnership with Chards - who then retail to the general public - and where obviously in being able to sell at smaller/tighter spread are supplied by the RM at a lower spread than what the RM opts to directly retail the same product for to the general public.
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