mr-dead

2 hours ago, OneBlueSummer said:

So your saying you have magical signals for gold. Lol why wouldn't you share them with the forum then?

Ongoing piss take if he gets it wrong?

10 minutes ago, Safestacker said:

After the virus it’s gonna crash for sure ? 

the global financial problems won't end when the pandemic does

A new all time high:

The estimated production cost for an oz gold in 2020 is $920 - $940.

That figure is just getting it out of the ground, add in transport, refining, mintage, dealer costs etc. and I would love to see how $400 is achieveable unless you are paying a 250% premium on physical metal.

The pandemic may also be short lived but the long term impact and amount of new money pumped into the system will hang around substantially longer which should benefit gold.

24 minutes ago, Blehhhh said:

If you knew someone in person and they lost a lot of money, you probably wouldn't create a homeless meme about them. To each their own I guess.

If someone is stupid enough to bet the family silver on something as volatile as precious metals (or crypto) especially using leverage resulting in becoming homeless then they have bigger problems than a meme on a forum.

But enough of the fictitious scenarios to cause some drama

Not really, people are responsible for their own actions.  A joke on a forum will have no impact on his decission making and I certainly wouldn't lose any sleep over it.

For every winner there is a loser.

14 minutes ago, Blehhhh said:

I find the mocking unnecessary.

Similar to trying to rub everyone's face in the baseless belief that gold was going to $400 and everyone was going to lose their ass except him due to his superior intelligence and chart reading wizardry?

Fairly sure if the price was going the other way, which it may well do in these volatile times then it would be us in the meme

It seems like everyone is getting cabin fear in here lol.

A 5 min stroll around the garden is the order of the day

51 minutes ago, cravethatcoin said:

The issue with comparing it to the debt is that we aren't on a gold standard so it's not relevant.

The price of gold is worth what someone will pay for it. Right now I think $2000 is about what someone would pay for it. No one will spend $10,000 or even $5000 for 1oz of gold.

people where throwing $19k to buy a bitcoin so don't be so sure

9 minutes ago, Auricsstash said:

Feels good to lead a Payday free life.... 🤣 

Pretty sure the other Wonger went broke too lol

1st ever to make the list, congrats Wonger.

21 minutes ago, Emanuel said:

Hi! I was wondering if anyone could tell me his/her opinion on how much a full set of QB proof gold 1/4Oz will cost in about 1-2 years (when the rest of the coins will be released)? Assuming the spot price will be around £16000 per oz and they all come with box + COA (mint condition). Also, would it be better to grade them? Thanks for opinions/advise 

you'll probably end up selling them individually as some will end up as key releases with a higher premium than the others.  similar thing happened with the Perth mint lunar series.

3 minutes ago, bluemoon said:

I'm only interested in making money out of the idea. Art doesn't interest me. Is the profiteering just a case of arbitrage? So buy a piece from an artist when released and then once all 100 prints are sold out, sell it on eBay ?

in demand prints sell out within seconds, it's a sit on the website hitting refresh until it goes live then get through the checkout as quickly as possible

10 minutes ago, Paul said:

Atkinsons closed  - "Pre-order now - Price fixed now - Postage Paused"

Chards closed - "clearing backlog" of orders 

BBP - closed for order reopening tomorrow

UKbullion - "Due to strong demand and to fulfil current orders we have decided to pause trading until Tuesday"

ATS - "Due to restrictions in place as a result of CoVid-19, we are currently unable to accept orders and our offices are closed. "

HGM - less stock than vanessa feltz's salad box

Royal Mint Bullion - only dealer who appears OK for stock and OK for delivery

Funny times we are in, just goes to show no good waiting until when the crisis is here to stock up if the shelves are bear or system cannot/wont deliver

 

Baird and co - "Due to the current situation, please note there will be a delay on deliveries: Silver approx. 3 weeks, Platinum 1 month, Gold bars 1 week, Gold Coin TBA"

Coininvest - "longer delivery times due to global increase in precious metals demand and tightening restrictions in the transportation sector"

Bullionrock (Gurensey Mint) - BullionRock would like to advise customers that all sales will be honoured but deliveries will be delayed and orders held in secure storage until further notice.

Silvergoldbull - "Due to unprecedented order volumes, please expect a shipping delay of 20+ business days. We appreciate your understanding."

let's see what happens when markets open shortly

I think the whole gold being confiscated angle is overplayed.  Times have moved on significantly since the days of the gold standard when the average joe held some gold.

Now only a small % of the population hold any significant amount of gold and those holding the most control the system so why shoot yourself in the foot?

Far easier to call a bank holdiday then perform a haircut over a certain threshold, acceptible to the masses of sheep as its only the "rich" getting hit as done in Cyprus 2012/13.

there are defo fakes available in that type:

1 hour ago, SilverPirate007 said:

Which ones turned out to be true? Fake moon landings?

Testing drugs such LSD on soldiers.

Tuskegee Syphilis Study.

US government poisoning alcohol during prohibition

Governments globally investigating UFOs despite stating they had zero interest.  Many files now released.

Gulf of Tonkin Incident

Nayirah's fake testimony that Helped Launch the Gulf War

and many more..

10 minutes ago, Paul said:

Best way, one thing ever goes tits up you've not lost everything for the sake of saving a couple if quid going all in on one thing

How much are you actually saving after factoring storage and transaction fees on bullion vault.

The other positive in physical gold is price increase above spot with queens beasts for example, or if you were super lucky una .

3 minutes ago, bullionbob said:

Hold it in Singapore or Zurich, pretty easy solution...if you don't hold it you don't own it is the usual blahblah from conspiracy nuts on Zerohedge, we know better on here right? Bullionvault is not an ETF but each to their own, imo anyone that holds gold or any other wealthy item at home is a lunatic, vaulted allocated metals are safe, especially outside your own country, ETFs and other paper drivel or worthless paper credits as you explained are not. If bullionvault goes tits up as you so eloquently put it you lose not 1 penny, the vaults are independent and audited. DYOR...

What about recent events with Glint?

Peoples funds frozen, no access to fiat or metals owned for some time.  Turned out ok after several weeks but could have just as easily gone the other way.

Its suprising how many historic conspiracy theories actually turned out to be true.

wrong thread.. delete