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SidS

Member
  • Posts

    2,621
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  • Last visited

  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Like
    SidS got a reaction from LawrenceChard in The Gold Silver Ratio   
    Crypto is a Ponzi scheme. Lots of profits to be made if you get in early (i.e. when Bitcoin was <$20 per coin) and cash out near a high - gambling on the stock market if you will, but useless as a store of value.
  2. Like
    SidS got a reaction from LemmyMcGregor in The Gold Silver Ratio   
    Crypto is a Ponzi scheme. Lots of profits to be made if you get in early (i.e. when Bitcoin was <$20 per coin) and cash out near a high - gambling on the stock market if you will, but useless as a store of value.
  3. Haha
    SidS got a reaction from LemmyMcGregor in Silver Monitoring Thread £ (GBP) only.   
    R.U.B - I was just about to say sounds like @HerefordBullyun kind of research.
  4. Haha
    SidS got a reaction from LemmyMcGregor in Silver Monitoring Thread £ (GBP) only.   
    Shush, stop telling everyone! I don't want the price to go back up... 😁
  5. Haha
    SidS got a reaction from LawrenceChard in Silver Monitoring Thread £ (GBP) only.   
    R.U.B - I was just about to say sounds like @HerefordBullyun kind of research.
  6. Haha
    SidS got a reaction from stefffana in Silver Monitoring Thread £ (GBP) only.   
    R.U.B - I was just about to say sounds like @HerefordBullyun kind of research.
  7. Haha
    SidS got a reaction from gji25 in Silver Monitoring Thread £ (GBP) only.   
    Shush, stop telling everyone! I don't want the price to go back up... 😁
  8. Thanks
    SidS reacted to Slam in Best silver memes   
    Hi all, 
    Not really a silver meme but relating to taxes, I thought I'll share as just seen it and made me wonder and cry inside. 
    "The Tax Poem
    Tax his land, Tax his bed, Tax the table at which he's fed. 
    Tax his tractor, Tax his mule, Teach him taxes are the rule.
    Tax his work, Tax his pay, He works for peanuts anyway!
    Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties, Tax his shirt, Tax his work, Tax his dirt.
    Tax his tobacco, Tax his drink, Tax him if he tries to think.
    Tax his cigars, Tax his beers, If he cries tax his tears.
    Tax his car, Tax his gas, Find other ways to tax his ass.
    Tax all he has, Then let him know, That you won't be done till he has no dough.
    When he screams and hollers, Then tax him some more, Tax him till he's good and sore.
    Then tax his coffin, Tax his grave, Tax the sod in which he's laid.
    Put these words Upon his tomb, 'Taxes drove me to my doom...'
    When he's gone, Do not relax, Its time to apply the inheritance tax".
    😭
     
  9. Haha
    SidS got a reaction from LawrenceChard in 1914S half sovereign - genuine or fake   
    You need to do a serration count.
  10. Like
    SidS got a reaction from ArgentSmith in Silver Monitoring Thread £ (GBP) only.   
    Well I'm buying silver still! I hope it keeps dropping so I can load up.
  11. Like
    SidS got a reaction from Paul in Silver Monitoring Thread £ (GBP) only.   
    When Boris Johnson can do that, inflation will stop.
  12. Haha
    SidS reacted to Paul in Silver Monitoring Thread £ (GBP) only.   
    When Billy Bunter can do that, it will be flatulating you'll see start
  13. Haha
    SidS got a reaction from James32 in Silver Monitoring Thread £ (GBP) only.   
    When Boris Johnson can do that, inflation will stop.
  14. Haha
    SidS got a reaction from dicker in 1914S half sovereign - genuine or fake   
    You need to do a serration count.
  15. Like
    SidS got a reaction from Paul in Silver Monitoring Thread £ (GBP) only.   
    Well I'm buying silver still! I hope it keeps dropping so I can load up.
  16. Like
    SidS got a reaction from Gruff in Silver Monitoring Thread £ (GBP) only.   
    Well I'm buying silver still! I hope it keeps dropping so I can load up.
  17. Like
    SidS got a reaction from James32 in Silver Monitoring Thread £ (GBP) only.   
    Well I'm buying silver still! I hope it keeps dropping so I can load up.
  18. Like
    SidS reacted to GoldDiggerDave in Why do people buy silver plated coins on eBay?   
    You are trying to trigger me this morning!....LOL.  When I got made redundant I looked at the benefit system its crazy you can't even claim job seekers now as it's been lumped into universal credit and they take your partners salary in consideration so if they earn something like over 18k they deem it enough for 2 adults to life off......Oh and forget having any savings anywhere, might as well buy a load of PM's before you even attempt to make a claim.  
    I have 100% sympathy for those who have fallen on hard times they will soon learn the system is very unlikely to help them, you think if you work all your life and pay into the system then you will get help when you need it.   
  19. Like
    SidS got a reaction from RDHC in British Numismatic Society - In Defence of the Sovereign: Mass Production and Counterfeiting in the 1950s and 1960s   
    I'm still waiting for the coin (or stamp) commemorating the sky being blue. They could also issue something to commemorate the most commemoratives ever issued in a single year, that'd be something to sing home about.
    This is the reason all my UK coin collections stop at decimalisation. Commems of this era are few and far between, namely:
    1935, 1937, 1951, 1953, 1960 and 1965 crowns. Full stop and done, and even those six seem a little excessive to be honest.
    Was the 1960 really necessary?
  20. Haha
    SidS got a reaction from LawrenceChard in British Numismatic Society - In Defence of the Sovereign: Mass Production and Counterfeiting in the 1950s and 1960s   
    I'm still waiting for the coin (or stamp) commemorating the sky being blue. They could also issue something to commemorate the most commemoratives ever issued in a single year, that'd be something to sing home about.
    This is the reason all my UK coin collections stop at decimalisation. Commems of this era are few and far between, namely:
    1935, 1937, 1951, 1953, 1960 and 1965 crowns. Full stop and done, and even those six seem a little excessive to be honest.
    Was the 1960 really necessary?
  21. Thanks
    SidS got a reaction from LawrenceChard in CBDCs, crypto and gold.   
    Central Bank Digital Currencies.
  22. Like
    SidS got a reaction from SilverJacks in CBDCs, crypto and gold.   
    A question I've been pondering for a while, and one that has been asked in various ways on the forum, but I thought I'd grasp the subject by the thorn.
    We know the Great Reset is a goal of some (WEF) and has been planned, whether this is picked up by governments and is also their goal is another question.
    We know that inflation is growing and that fiat is facing uncertain times.
    We also know that CBDCs are in the pipeline.
    Those are the facts. The questions I've been wondering are as follows?
    1) Is there a specific timeline for CBDCs to come on line, are we talking the next two or three years, or 2030s-2040s etc.? (Inflation dependent of course).
    2) If (when) fiat is phased out and CBDCs are the only means of payment, what happens to crypto and gold? (A black market notwithstanding, how does one convert either form into CBDCs without questions arising? Will such purchases be permitted?)
    3) Does crypto have a future? I know it was designed as a currency, but from what I've seen it seems to behave more like a speculative investment. Would crypto survive as say a stocks/shares type investment vehicle? The banks seem pretty keen to clamp down on crypto - as they don't control it. If they ran the system then I'm guessing its future would be rosy - but that would negate a lot of the benefits of crypto being 'outside' the system.
    4) Gold will no doubt preserve your wealth as its value will no doubt remain. Great for the gold you already own. But with CBDCs would you be permitted to acquire further gold? Or will it be seen as a none essential and thus not part of your 'credit allowance'?
    I ask a lot of these questions as I'm not the typical stacker.
    I collect coins and antiques. So silver for example features heavily in my purchases because I buy things which happen to be made from silver, not necessarily because they are silver, pocket watches for example. With CBDCs would I still be permitted to collect these things?
  23. Haha
    SidS got a reaction from Mrpound in Royal Mint British Monarchs Collection   
    Believe it or not even hammered coins can have quality issues.
    Henry I - he knew how to deal with that.
  24. Super Like
    SidS got a reaction from Zhorro in UK Pre-Decimal Silver Thread...   
    Can you have too many crowns?
     

  25. Like
    SidS got a reaction from AL84 in UK Pre-Decimal Silver Thread...   
    Can you have too many crowns?
     

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