klau2005

You should all store your gold and silver on my boat HMS Bullyun.
It sinks regular, but good for no track and trace but will be very secure for a long time! 

Do governments hate gold?
 The answer: Yes — Governments hate gold because they cannot print it, and it is difficult for them to control.
Because they cannot print it or easily control it, gold has little use to them during the never-ending schemes to tax and then redistribute wealth.
India is a recent example of a government trying to control gold imports through increased taxation on imports and imposing rules, such as that importers had to re-export 20% of imports as gold jewelry.
These types of rules are difficult to enforce and smuggling of gold into India skyrocketed. Once gold is in the form of jewelry or physical metals it is very difficult to tax. Below we explore some other granular points about why governments disown gold.  
Yes, some central banks do own gold …  which seems counter to our thesis but in actuality, central banks own gold for the same reasons that you and I own gold – because it is not the liability of another government.
Why Governments Hate Gold?
A) Legal tender laws mean that all taxes must be paid in fiat currency (such as the dollar in the U.S., Euros in W. Europe, …) not gold or silver (held in physical form). Nothing but sponsored fiat currencies issued by the government is acceptable to pay debts and taxes.
Why do governments pass these legal tender laws? Because in a long running series of decisions from 1921 until 1971 western governments, in response to politicians creating ever larger government spending, countries decided they prefer interference and redistribution over letting capitalism and ingenuity grow the pie for everyone (However, the pie has grown tremendously…looking at GDPs over the last 50 years).
Pursuing perfectly equal pizza slices became the ideal goal rather than a rapidly growing pizza diameter.
But you cannot control pizza slice sizes if you don’t control the pizza cutter. Since wealth is the pizza slice, and taxation is the pizza cutter, the government must ensure that only fiat money gets recognized as wealth since fiat is easier to find and tax than physical metals.
Heavily government-regulated industries cannot be bailed out if the currency is not fiat – and if it is tied to a gold standard or some other limiting factor.
Once we see that the government is helping to set the rules for industries, and influences industry via regulation, it becomes clear that government is then liable for when a regulated industry fails.
Inflation is Everywhere!
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During the 1930s banks, the world over failed because the government applied the wrong policy response to illiquidity problems. To be sure speculation and double counting of cheques all played a part in the 1930s banking crisis.   
But since the US government, along with many others were on a gold standard they could not print more US currency without more gold. In order to increase its gold reserves, the US government seized all gold held by citizens and banned citizens from owning gold.
The UK put into place restrictions which limited citizens to owning no more than four gold or silver coins and restricted any imports of gold for private citizens. The US government paid well below market prices for the seized gold and then raised the price to a higher official rate.
This allowed the government to then print more dollars to bail out the banks. Gold was ‘officially’ banned for individual ownership in the US until the 1970s – but the underground market prevailed and because gold is a physical asset it was easily hidden from government raids. 
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Click Here to Download Your Copy Now C) Gold has gained value against all currencies since governments abandoned the gold standard.
D) The existence of gold in the economy is a constant reminder of the poor quality of the government paper, and it always poses a threat to replace the paper as the country’s money.
Even with the government giving all the backing of its prestige and its legal tender laws to its fiat paper, gold coins in the hands of the public will always be a permanent reproach and menace to the government’s power over the country’s money.
E) Central Banks (e.g., the Federal Reserve) are for the most part privately held but controlled by the country’s government. A central bank derives its power to create and control fiat currency from the government.
So long as people use their money the central bank is happy. The problem becomes when people find an alternative to fiat currency. The biggest alternative is gold. That is why central banks hate gold. If people use gold instead of their fiat currency, the central bank loses power.
F) The Federal Reserve operates under a dual mandate. It must maintain price stability while also simultaneously promoting maximum employment. 
The Fed hates it when the price of gold rises because it correlates with a rising unemployment rate.
Gold Prive VS US Labour Force Participation Rate Chart G) The hatred of gold is nothing new. When it operated on a gold standard, the US government was limited in terms of its ability to pursue deficit spending. It could only accrue so much debt.
The gold standard forced the practice of austerity. When the government abandoned the gold standard, it gained the power to finance any national expense by simply borrowing from the Federal Reserve.
Today, no amount of gold is necessary for the Fed to purchase treasury bonds. It is blessed with the ability to expand their balance sheet with zero limitations. 
Simply put, gold limits the power and influence of central bankers. No wonder they hate it.

Adjustments have been made. Since covid the silver was easy profit so had to get rid of it. My Silver stack now: BYB stack more than silver stack. 

 
Bullion sovs. At 10 now. Hopefully keep adding maybe 5 a year. That would be a good rate. 

1oz Queens beast. 9/11 not really looking to complete it anymore. I have the my favourite ones and happy with this. 

Key date sovereigns. This is what I want more of. Looking at hammered coins lately and would like to add more high numismatic coins.


Finally what I have been buying the most. Since there is PMs in them I will add them 🤣 Watch collection 🤒

 
Waiting on a 4 coin set of the 2022 sovs and thats me for the year!!!

Hallo liebe Silberfreunde,
In all den Jahren des Sammelns fragt man sich, wo man all die Münzen hinlegt.
Als Alternative habe ich mich für stabile Schuhkartons und andere entschieden
Kartons, groß und klein, was denkst du?
Euch allen einen schönen Sonntag. Grüße von Max.

Gold and silver price actions have been the opposite of dramatic for months now, they have been boring. In the last 100 days, gold has moved sideways in the US$100 range between $1725 and $1825. 
Silver had a similar experience moving in a US$5 range between $21.50 and $26.50. These ranges are quite small when compared to exciting moves in Tesla shares and cryptocurrencies such as Shiba!
Some people think that being boring this year means we should not own the precious metals at all because it means missing out on exciting things happening everywhere else.
However, this week we’re going back to basics for a refresher about why humanity loves silver and gold, doing so for thousands of years.
The Science Behind Gold
The facets of science that make precious metals valuable, and well – precious; are things that neither bitcoin nor Tesla shares can compete with.
So, we’re going to talk about the science of where gold comes from. And no, we are not talking about mining companies!
We love gold because it comes from stars. Literally, gold is only made in the explosion of massive stars colliding with one another (aka, the “Big Bang Theory”), Read more on the topic.
Only something epically dramatic and powerful like neutron star collision explosions could create the energy required to inject extra neutrons into heavy elements which make the element even heavier and change it from something like iron into gold.
These explosions also spread and scatter the newly formed gold atoms across the universe.
Inflation Is Here!
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Before becoming gold, the iron was already stable and heavy, after becoming gold it is chemically perfect such that it doesn’t need to react with any other element, the ultimate leveling up!
Copper needs oxygen which is why it rusts into a green colour. Gold needs nothing and is chemically inert. This inertness is why gold is loved, it is permanent, its shine is permanent.
Why We Still Love Gold
Gold found under Stonehenge which had been formed into a dagger over 4,000 years ago. It turns out that the gold of that dagger came from mines in Ireland.
Gold is unique for another reason. You can divide gold over and over again into smaller and smaller pieces but none of those pieces are valued any less than a larger piece on a per weight basis.
Yes, this sounds complicated but think about the largest diamond you’ve ever seen, now if we cut that large diamond into five smaller diamonds does the price of the five smaller diamonds still add up to the price of that one large diamond?
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Click Here to Download Your Copy Now No, it does not. Larger diamonds are worth far more than small diamonds. But with gold and silver, they can be divided into smaller and smaller items without becoming cheaper per ounce.
This is why gold and silver have been used as currency for thousands of years while diamonds are not used as currency by any country. No one wants a currency that loses value when you try to make a change!
Gold is rare on earth for three main reasons:
The explosions of stars that created gold and seeded the universe with gold atoms are very rare. Those explosions predated our solar system and are not likely to repeat, thus the amount of gold in our solar system is fixed. Gold is a heavy element and so the gold that is inside the planet tends to be deep into the core. It’s far deeper than we can easily find and mine and bring to the surface. This means only in very rare places where gold happens to exist near the surface in large enough concentrations can anyone build a mine and profitably pull it out of the ground. The figure below shows just how little gold there is on the earth’s crust compared to other elements. All the gold ever mined would fit into two Olympic swimming pools. Gold is Incredibly Rare So, what would you pay to own the only thing in the universe that is permanent? Because that is what you’re buying when you buy gold!
Although it might not be exciting bitcoin, gold and silver have stood the test of time and value. In comparison, you will have a really hard time leaving your Bitcoin to your grandchild.
This means that being boring is part of what gold is supposed to do, the price grinds higher over the years but does not need crazy volatile excitement to prove itself or to draw a crowd of investors.

Ive got a marzipan dildo investment fund she can invest in if she likes,

What's Your Silver Story?
 
By: Jordan Graveline
 
Everyone who has a fascination with silver and gold (or any other precious metal), has a story of how that fascination came about. Maybe your father or grandfather had an old coin collection that you stumbled across as a child. Perhaps you grew up liking pirates and were obsessed with tales of buried treasure. Maybe your fascination began because of an attraction to some shiny family heirloom tucked away in an old dusty attic. Regardless of how your fascination materialized, we all have a story to share. My story comes in two parts that were separated by years and then came together like land and the edge of the sea.
The first part to my story takes place as a child of 9 or 10. I enjoyed going for walks to the convenience store with my grandmother after church. She would give me a dollar and tell me I could get a candy bar or two. I was always excited for our walks, not just because of the candy, but because I got to keep any change leftover. I would rummage through the change and try to find the oldest pennies or nickels in the bunch. My grandmother was born in 1920 and I was determined at my young age to find something that was older than her. It was like a game for me, but it was also history in the palm of my hand. Looking for the existence of something that had been around the longest and changed many hands over the years. One day, the game got very exciting when I found a dime in my change that was from the year 1940. I was very happy and I showed my grandmother that I was getting close to finding something older than her in my change. She smile at me and said I was only off by 20 years, but that was indeed as close as I had ever gotten at the time. This went on for years and I would typically keep the oldest pennies, nickels, and dimes. Little did I know at the time, but that 1940 dime was made of silver.
The second part to my story takes place when I was 24 years old. It's not as reminiscent as part one, but it's the connection between the two that sparked my interests. In my twenties, I enjoyed picking up friends in my car and heading out to our local coffee shop. There we would share in stories of how our week went, some political topics, or just funny things we thought the group would laugh at. On one particular day, I paid for my coffee and received 30 cents change which I promptly placed into my pocket without looking at it. A bit later when I got home, I pulled the changed from my pocket and realized the queen's head was not on the back of one of the coins. As I examined the coin, I found it had the same head as the old 1940 dime I had from my childhood. Curious, I went online to see what the value of the coin could be worth and I came across a few different responses. The first was in relation to the condition of the coin (numismatics). An uncirculated coin was worth $XXX.XX (I can't remember). That didn't matter though because the coin I had was clearly circulated and pretty heavily at that. So I looked at the melt value of my coin and found it's value to be worth approximately $1.80 Canadian at the time. I laughed to myself because the coffee I had bought that day was $1.70 CAD. I found it amusing to think that I had bought something valued at $1.70 and then I get back my change valued more than the product I had just paid for. 
The connection between the dime from my childhood and the quarter from my twenties is that these two coins were both made of silver. That connection sparked an interest which ignited a fire into the realm of silver. The rest, as they say, is history. So what's your silver story?
 

 

My grandmother on her 100th birthday

Started stacking this year in April and now that I passed the 1oz Gold threshold, I figured it's a good time to document what I managed to accumulate so far. I also wanted to get to 100oz Silver but I'm a bit short of it for the moment (88oz so far).

Hallo liebe Silber und Goldfreunde,
da das Wetter draußen nicht gerade einladend ist habe ich ein paar Fotos
gemacht die ich mit euch teilen möchte. Viel Spaß beim Schauen und Grüße vom Maxe. 
Hoffentlich langweilen euch meine Bilder nicht, habe gerade richtig Lust.
 
Den Anfang machen Schiffe, die nie auf den Meeren fuhren.










Ich liebe diese schönen Serien aus Ruanda, original verschweißt sind die sehr edel.





Die Aliens in BU und Antik Finish finde ich auch sehr gut gelungen, auch der Tiger der Komsco in PP ist super.






Sehr gut gelungen sind auch die Restrikes aus China in BU und Antik Finish.






Und zum Abschluss noch etwas für die Goldfreunde, Gold aus Deutschland, 12g Goldmark, 3,89g Deutscher Wald und heimische Vögel und 1/2oz Einigkeit.



 










 
 
 

Might be fun to have a bit of an apocalypse, zombies roaming the streets...cos there's not much on TV these days....

Started stacking this year in April and now that I passed the 1oz Gold threshold, I figured it's a good time to document what I managed to accumulate so far. I also wanted to get to 100oz Silver but I'm a bit short of it for the moment (88oz so far).

And I bet you spent them all on booze...

No one here owns any gold. We all just love the pictures of the shiny metal.
 I would love to see how a gold coin really looks like but they are really pretty on those photos. 

Noticing the low interest rates at the bank got me wondering what physical assets might be a better way of storing wealth. After a few months pondering this question I came across a Brexit related YouTube video in which Nigel Farrage made an unrelated comment that investing in physical gold and silver is likely a safer way of saving money over the next decade. So I investigated this further and it led me down the rabbit hole of understanding what real vs fiat money is and what the central banks are up to with their out of control money printing.
So far I don’t have much saved because I’m quite poor but at least I am out of debt and have something real and tangible tucked away now. It feels far better than letting my savings get inflated away by rapidly rising inflation.  Also the knowledge I’ve gained about what money is and how it works is probably more valuable to me than the investments I’ve made in gold and silver (and a little bit of crypto too 😉).

Most of my gold collection, excluding silver,  platinum, and numismatic...
 

Early in my stacking and Im at this very modest stage. 
I like the RM 100g bars which I think prefer over the hand poured. I think I will try some Baird stuff next .

G'day mate

Has anyone told Elon about this?