Kman

It's all about money

Lets say for every hour you work you  get one pebble

That pebble represents an hour of your life you gave up, you can swap it for food  or if you save up enough pebbles you can swap them for larger items

Whats good about the pebble is you don't have to spend it right away, you can work your whole life until you're not as physically capable, retire and still have thousands of hours of work saved up in pebbles

To have a civilised society you need money to facilitate trade and to be able to store and log your hard work

You can't use pebbles of course because you can find them anywhere, what's not just anywhere? gold

We can all agree we need money and we can all agree gold is perfect for it, that's why it has value, the value is the tool of money

Its obvious why oil has value

It's obvious why electric has value

Money is just as important to humanity that's why gold has value 

34 minutes ago, Jeffers46 said:

Hi all, I’ve finally had my coins out and looked at them under a loupe. Would you return these examples?

 

My 5oz: there seems to be a scratch between the ‘S’ and the back of the first graces’ head.

It might be a bit of debris, mine came with a loose capsule and very similar stuff on it that I was sure were scratches but blew off with a desk fan 

The bit of frosting missing on the dress is pretty much standard for the  RM

1 hour ago, Bumble said:

So what would happen if we have a long term uptrend, starting from 2000-2002

This is my long term picture

Your first line should almost always be under everything (2020 March be an example of a time not) if it's truly a line of support

Then you want price to bounce off it multiple times to confirm it 

Then if you can paste it in above and it fits it's usually right 

I still think we're in the period highlighted, something will happen to kick gold on to the next leg up, probably come down more in the meantime

It's that or the world just opens up out of covid like nothing happened, all the jobs come back, all the new heavy debt doesn't matter, all the businesses lost and struggling just spring back to flourishing 

This is TLT (30 year US bonds) and Gold

If bond yields continue to go up expect gold to come down

I wouldn't be shocked if it comes down another 5-10% in the next few months but who knows, will depend on the new normal - how well the vaccines seem to work and how optimistic people are on global economy recovery

I personally think at some point this year an event will happen or a signal will appear that things aren't going to get back on track and that's when gold will kick on but who knows

17 minutes ago, cliveb13 said:

The sovereign, one of just two in private hands, is Henry VII and is likely to be over $1m 

details are here. https://www.coinnews.net/2021/02/12/royal-mint-to-auction-ngc-certified-henry-vii-sovereign-on-march-4/

Just as a small aside I'm descended from Henry VII

My grandpa was part of a Scottish clan which someone set up a genealogy page for, you can trace right back from my grandpa to Henry VII who married his daughter Margaret to James IV of Scotland

3 hours ago, Bumble said:

According to some commentators I follow

The only commenter worth following regarding UST is Jeff Snider - https://alhambrapartners.com/2021/02/25/three-things-about-todays-ust-sell-off-beginning-with-fedwire/

1 minute ago, SilverJacks said:

I do regret that post. As if there hasn’t been enough stress already this week. I am sorry 😞 

I forgive you

I'm not sure what I'm forgiving you for but I forgive you 😘

8 minutes ago, 1stsovereign said:

Thank you very much, I do appreciate your time. 

You could use a company like transpact? escrow service, if trust is ever an issue for either side

You can write your own contract and they're very very cheap fees

I've used them for domains but you could use it for anything

1 minute ago, Jeffers46 said:

Oh my goodness my stress levels are through the roof. My order has now moved to the closed orders section with the total still showing. According to current consensus, am I still receiving the coin?

I believe so

Mine is the same but no tracking info as of yet

If it gets cancelled now it will be ultra cruel hey lol

27 minutes ago, creative said:

They can’t be real sales. They’re just insane prices.

Seeing what people paid for Alderney coins

ALDERNEY?!?!

I'm not surprised by anything anymore

My order has been dispatched too according to their website but haven't got an email saying the same or any tracking info

Don't feel like I can celebrate too much because I feel bad for those who got theirs cancelled

I'm a big fan of Jody Clark but this is not nice.. looks like they gave him an hour to sketch something out and said yeah good enough 

4 minutes ago, AndrewSL76 said:

Here is the image:

lol 10/10 👌

Just now, Shinus73 said:

I think I'd have had as much chance if I logged in ten minutes before launch.

I had to click something to agree I wanted my place in the queue 

Not sure exactly what the message said but If I wasn't looking I'm not sure what place I would have gotten despite opening RM up at 8:30 to wait

Hope you don't mind me tagging  you @LawrenceChard but were the three graces offered to dealers? or kept exclusively for the RM to sell

Thanks

2 minutes ago, fehk2001 said:

If mintage is around 3000 then 1000 of these or more must be with the dealers 

so around 2000 left I assume 

also we need to consider the few hundred who are lucky enough don’t have to wait in the queue 

so if you are 2400 then you are quite behind 

Did any dealer actually offer them for sale at RRP? 

Isn't the point of dealers to help sell the coins not to be a roadblock between the mint and customers 

After all the happy posts yesterday this is horrible 

3500 mintage and forum members being you would think the most eager on the ball buyers, very surprising we weren't all able to secure one

Maybe they're going through it and confirming orders by first attempted (but failed) order? rather than actual order

First attempt: 9:02

Successful: 9:10 

What times were you guys?

woman on the phone was weird.. 

She said yes youve made an order

I said yes does that mean my order was successful?

She said "id say so"

Well lets hope then!

She didn't seem to want to say anything though, very short answers and hesitant to say it was successful so I feel like I still might get bad news 

Just now, evende said:

Has anyone rung and been told their order is good and confirmed??

No I'm scared but I guess I will do it now and report back 

I'm scared mine is going to get cancelled 😬

This is still good right? showing £255