RedDragon77

A better pic would be good, call me old fashioned but a pretty young lady with a sword is my type of thing. 

Awesome diorama! 1/10oz Britannias, those must be hard to get ahold of these days, no?

A "MEGA" thanks goes out to @MickD for this "AWESOME" addition to my "babies"!



SITS REALLY NICELY - ALONGSIDE its BIG Bruvver! 😉👍😍
 

 

Received my first 5oz silver coin from the coin connection today. Stunning! Will be sending off for grading I think! 

The Coin Does the Talking here Coinsters !!!!!!!!!!

All the birds on a night out together
 

Received these today. 
 

A wonderful surprise I totally forgot I had managed to order these in 🥳🥳🥳 Oh never mind the prospector mining away 😜

https://germaniamint.com/series/germania-beasts/
For everyone looking for dragoncoins or/and limited edition

Another interesting thing I didn't realise was Bitcoin also broke out to the upside the same time gold and silver did ~ 20th July, that's when the dollar slumped
Was it related to the stimulus checks ending in the US?
https://www.cnbc.com/2020/07/20/unemployment-stimulus-checks-what-to-expect-as-relief-measures-end.html
If it was that, that's a strange one no? because that was going directly to the consumer to spend be should be inflationary, so shouldn't the dollar rise when it's announced to be stopping not drop?
What would a new round of stimulus checks or UBI do for the dollar in the short term? 
 I can't help but feel there are big clues with whats about to happen next to play out the year but whether it's looking at bonds, the Fed bank sheet, loans, stimulus policies etc I'm not sure
Feels like one giant puzzle and trying to get the pieces in place to see the clear picture 
 

When traders point out how correlated gold and Yen seem to be, I always sigh. Of course they are.. currencies are pairs trades, short one/long the other.
When one currency is going down that tends to mean its going down against everything else.
Gold/USD is partly a currency trade, and so the negative relationship is generally true, but like other currency pairs, and there can be periods were both trend together, just as USD and GBP can both get weaker against other major currencies.
JPY/USD has about -0.9 correlated to Gold/USD
AUD/USD has about -0.8 correlation to Gold/USD
 

US government bonds are up quite a bit, not sure if/how that will effect PMs or stocks
Jerome Powell is set to give a speech Thursday
According to CNBC
Fed Chairman Jerome Powell will speak Thursday during a virtual version of the Fed’s annual Jackson Hole, Wyoming, conference. He is expected to outline what could be the central bank’s most active efforts ever to spur inflation back to a healthy level. “Average inflation” targeting means the Fed will allow inflation to run higher than normal for a period of time. The effort will be the reverse of former Fed Chairman Paul Volcker’s rate hikes instituted to quash inflation in the 1980s. It will probably be lot of hot air but it's bound to spike some stuff one way or the other temporarily
I was bullish but gold and silver look on the edge of a cliff about to slope off instead of burst upwards 
 

I would get ebay bucks for sovereign purchases from some dealers but i also gotthe bucksfrom junk jewelry purchses, it took the cost to under melt...and a nice way to get in cheap buying 14 and 18 junk..some pieces were good enough to sell as jewelry with nice 50% markups...and yourbucks can be used to buy jewelry even junk price scrap

American Silver Eagles $6.49 per coin over spot.
https://sdbullion.com/2020-us-american-silver-eagle-coin

Note that a few forum members also have some ASEs for sale is the USA & Canada trade section for a good price, so maybe be worth asking them first  

With thanks to Grumpy Dave and @GrahamDiamond I today received this 5oz beauty:

2001 RAM Silver Proof 1oz $1 Kangaroo   A fine example of this coin from a mintage of 10,292. This 2001 coins was the first in the series that depicted Aboriginal designs and the ninth release in the RAM Kangaroo Series Featuring a painting by Aboriginal artist Jeanette Timbery, the central kangaroo design is surrounded by a traditional dot painting. The different colours of the original artwork are represented on the coin using different textures and frosting of the dots.
The raised polished image of the corresponding "frostie" was crafted by Wojciech Pietranik.  

I flip a coin and call heads. it goes heads. what does that means? absolutely nothing.
people don't trade on a coin toss(gamblers gamble on coin tosses).
what I said was there is not enough data to suggest gold will currently move opposite to the dollar.
(which is still true)
you can make guesses all you want, currently none of it is backed by conclusive data.
guessing correctly means nothing as you can't make a trade plan from guessing.
 
HH

The USD value in say the dollar index is its relative value to a basket of other currencies - it is not a measure of purchasing value, just a relative value compared to the basket of currencies.
Commodities are judged by how much fiat is needed to buy a measured amount of whatever it is. 
The dollar may go up in value compared with the basket of currencies but purchasing power of the basket is racing down to zero. So despite the dollar index rising the dollar's purchasing power falls - so in a fair market, the DXY can rise but the price of gold in dollars also rise. 
We might have a disastrous economic situation with runaway inflation in all currencies - there is a flight to the dollar, the dollar soars but gold can sit go up against the dollar.  

If you had to guess where the dollar is going in the next 24 hours
This kind of move can bring gold down -2-3% and silver -5-6% 

Hopefully gold is consolidating gains and will make a renewed push upwards.

We get more money for our gold but pay more money for our goods...time for auric gold finger to start shipping solid gold rolls royces again...lol.

Some nice purchases from the last 2 weeks. Thanks to @BackyardBullion for the Aztec pyramid. Love the weight of it 😁 Thanks to @ilovesilverireallydo for the rare J Aron bars and to @LawrenceChard for the sovereign.

Belongs in a museum, its beautiful.

This arrived the other day, its a 1930 dated Austrian 2 Schillings coin made from .640 silver.
Starting in the late 1920's Austria released a circulating commemorative silver 2 Schilling coin each year, this carried on until the Germans united the country in 1938 and replaced their currency with the Reichsmark.
These coin's featured a different person or building from their history each year, also the mintage's were quite low on most of them at 500,000.
All the coins were minted for one year only, the early ones had all the different house shields surrounding the value on the obverse, this was later replaced by the two headed eagle, though the former design would be re-instated after WW2,
The 1930 coin here features on its reverse Walther Von Vogelweide and remembers his death in the year 1230, he was a German poet and songwriter, this same man and design on the coin also features on a German 1930 dated 3 Marks silver coin, that coin has far lower mintage's and is worth considerably more.
500,000 were minted of the 1930 year coin, how many of those survived the melting pot when the Third Reich marched in is anyone's idea.
 

Just got back from a few days away with the family to these beauties.. 2019 1 & 2oz antiqued libertads with a mintage of 1000 each. Wasn't to sure what to expect from the antique finish but after seeing them, I love them 😍