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slinkyjynx

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  • Posts

    16
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  • Trading Feedback

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  • Country

    United Kingdom

Reputation Activity

  1. Like
    slinkyjynx got a reaction from lubi29 in GOLD DEALS - (UK & Europe) See a deal, post it here   
    Sharps Pixley currently doing a 2022 Gold Eagle for only £10 more than a Britannia goes for on Chards and Atkinsons:
    https://www.sharpspixley.com/buy-bullion/buy-gold/buy-coins/1-oz-american-eagle-gold-mixed-dates 
  2. Like
    slinkyjynx got a reaction from Chrisplym in GOLD DEALS - (UK & Europe) See a deal, post it here   
    Sharps Pixley currently doing a 2022 Gold Eagle for only £10 more than a Britannia goes for on Chards and Atkinsons:
    https://www.sharpspixley.com/buy-bullion/buy-gold/buy-coins/1-oz-american-eagle-gold-mixed-dates 
  3. Super Like
    slinkyjynx got a reaction from Darr3nG in GOLD DEALS - (UK & Europe) See a deal, post it here   
    Sharps Pixley currently doing a 2022 Gold Eagle for only £10 more than a Britannia goes for on Chards and Atkinsons:
    https://www.sharpspixley.com/buy-bullion/buy-gold/buy-coins/1-oz-american-eagle-gold-mixed-dates 
  4. Super Like
    slinkyjynx got a reaction from James32 in GOLD DEALS - (UK & Europe) See a deal, post it here   
    Sharps Pixley currently doing a 2022 Gold Eagle for only £10 more than a Britannia goes for on Chards and Atkinsons:
    https://www.sharpspixley.com/buy-bullion/buy-gold/buy-coins/1-oz-american-eagle-gold-mixed-dates 
  5. Sad
    slinkyjynx got a reaction from CollectorNo1 in Worst coins for milk spotting   
    Philharmonics by far! I bought 10 loose from Chards earlier this year and they all look awful now. You know that look of galvanised steel when it's exposed to weather? Yeah...
  6. Like
    slinkyjynx got a reaction from LawrenceChard in 2022 Gold Britannia Bullion Version - Photos Including Latent Image Security Feature   
    No doubt.
    I'm one of those fortunate few that locked in a very low mortgage rate for a good few years. Even right now it's lower than the current rate of inflation, so I have a smile on my face when I think of the bank losing money on my behalf!
  7. Like
    slinkyjynx got a reaction from James32 in 2022 Gold Britannia Bullion Version - Photos Including Latent Image Security Feature   
    No doubt.
    I'm one of those fortunate few that locked in a very low mortgage rate for a good few years. Even right now it's lower than the current rate of inflation, so I have a smile on my face when I think of the bank losing money on my behalf!
  8. Like
    slinkyjynx got a reaction from James32 in SILVER DEALS - (UK & Europe) See a deal, post it here   
    Really depends on the market at the time. I see lots of silver on the forum for sale, tubes of Britannias, Kangaroos etc for ~£24 a coin taking a very long time to shift, and here we're talking about a ~£600 purchase. When you inflate that 4-5x your potential audience goes right down.
    Option A would look like the only option at that point, but that being said, refiners like Baird would always happily buy your silver so if you can make 70% from them...that's just dandy.
  9. Like
    slinkyjynx reacted to Geovest in Royal Mint Gold Investment Performance Chart "Factual Comparison"   
    Or you could do some midnight gardening, in which case storage is free 😂
  10. Like
    slinkyjynx got a reaction from EdwardTeach in Crypto vs Gold   
    Gold vs Crypto is a really interesting topic, but you can really quickly get into the weeds across a couple of top level points:
    As a store of value
    Gold is often touted as having an "intrinsic" value, where cryptocurrencies don't. I think this is a fallacy as the price of gold is quite simply agreed on between buyers and sellers in the same way as any other instrument is (based on similar factors like scarcity, supply etc) and both will have value as long as people believe they have value.
    As a static or dynamic entity
    Gold is a physical, immutable object. It will stay the same for eternity. Cryptocurrencies are technology. Technology evolves, mutates, dies and becomes succeeded over time. I think of Bitcoin/Ethereum etc as being the floppy disk of cryptocurrency technology. It's the first mass market attempt at solving a problem, but it will be replaced by something better in time, so this has to factor into the equation.
    As a method of transacting
    Both fall short against fiat currency, but crypto has the edge here as many businesses and individuals will accept payment in Bitcoin or other cryptos, and you can easily pay in fractional amounts whereas you'd have to barter up or down to the equivalent value of gold you have at the time. There was a time when both would have to be converted into cash before you could use their value to make a purchase, but through being a technology as mentioned before, Bitcoin overcame this problem.
    Online vs Offline
    In a SHTF scenario, imagine if the internet went down: Your crypto would be useless, but gold has been a transactional currency since the beginning of time when our ancestors traded a golden nugget for some 21' diamond-cut alloys to put on their mammoth cart.
    I could go on and on, but in the end I think the answer should be "Why do I have to pick between them? Just own both."
    That's what I do.
  11. Like
    slinkyjynx got a reaction from Bigmarc in Crypto vs Gold   
    Gold vs Crypto is a really interesting topic, but you can really quickly get into the weeds across a couple of top level points:
    As a store of value
    Gold is often touted as having an "intrinsic" value, where cryptocurrencies don't. I think this is a fallacy as the price of gold is quite simply agreed on between buyers and sellers in the same way as any other instrument is (based on similar factors like scarcity, supply etc) and both will have value as long as people believe they have value.
    As a static or dynamic entity
    Gold is a physical, immutable object. It will stay the same for eternity. Cryptocurrencies are technology. Technology evolves, mutates, dies and becomes succeeded over time. I think of Bitcoin/Ethereum etc as being the floppy disk of cryptocurrency technology. It's the first mass market attempt at solving a problem, but it will be replaced by something better in time, so this has to factor into the equation.
    As a method of transacting
    Both fall short against fiat currency, but crypto has the edge here as many businesses and individuals will accept payment in Bitcoin or other cryptos, and you can easily pay in fractional amounts whereas you'd have to barter up or down to the equivalent value of gold you have at the time. There was a time when both would have to be converted into cash before you could use their value to make a purchase, but through being a technology as mentioned before, Bitcoin overcame this problem.
    Online vs Offline
    In a SHTF scenario, imagine if the internet went down: Your crypto would be useless, but gold has been a transactional currency since the beginning of time when our ancestors traded a golden nugget for some 21' diamond-cut alloys to put on their mammoth cart.
    I could go on and on, but in the end I think the answer should be "Why do I have to pick between them? Just own both."
    That's what I do.
  12. Like
    slinkyjynx got a reaction from James32 in How much would you pay for a 1oz gold buffalo??   
    It was one of my first gold purchases, and I have zero regrets. Would I buy another? Probably not unless they do a new design, but having one in your stack is a must.
    As others have said, it's a great "feeler". No glossy bits to ruin, and it's quite three-dimensional. 
    I'd definitely think long and hard before parting with it.
  13. Like
    slinkyjynx got a reaction from DuperDash in What brings you to this hobby   
    I started collecting silver purely as an investment. Purely getting the most volume for the best price. Not interested in designs at all as it’s purpose is purely to protect wealth. 
     
    That was then. 
     
    Now I find it more appealing to collect “sets” and limited runs irrespective of price, which as you can imagine causes quite a conflict of interest between my brain and my bank account!
  14. Like
    slinkyjynx got a reaction from Geovest in What brings you to this hobby   
    I started collecting silver purely as an investment. Purely getting the most volume for the best price. Not interested in designs at all as it’s purpose is purely to protect wealth. 
     
    That was then. 
     
    Now I find it more appealing to collect “sets” and limited runs irrespective of price, which as you can imagine causes quite a conflict of interest between my brain and my bank account!
  15. Like
    slinkyjynx got a reaction from GoldStandardPartyUK in What brings you to this hobby   
    I started collecting silver purely as an investment. Purely getting the most volume for the best price. Not interested in designs at all as it’s purpose is purely to protect wealth. 
     
    That was then. 
     
    Now I find it more appealing to collect “sets” and limited runs irrespective of price, which as you can imagine causes quite a conflict of interest between my brain and my bank account!
  16. Haha
    slinkyjynx reacted to Bigmarc in What brings you to this hobby   
  17. Like
    slinkyjynx got a reaction from James32 in What brings you to this hobby   
    I started collecting silver purely as an investment. Purely getting the most volume for the best price. Not interested in designs at all as it’s purpose is purely to protect wealth. 
     
    That was then. 
     
    Now I find it more appealing to collect “sets” and limited runs irrespective of price, which as you can imagine causes quite a conflict of interest between my brain and my bank account!
  18. Like
    slinkyjynx got a reaction from Metalisreal in New vs Old sovereign metal composition   
    Not to derail the topic at all but does anyone else wish they’d abandon rose gold in favour of the more pleasant mix that the older sovereigns had? Wishful thinking I know but I can’t help but feel the new ones look too much like shiny pennies!
  19. Like
    slinkyjynx got a reaction from MrStacker in New vs Old sovereign metal composition   
    Not to derail the topic at all but does anyone else wish they’d abandon rose gold in favour of the more pleasant mix that the older sovereigns had? Wishful thinking I know but I can’t help but feel the new ones look too much like shiny pennies!
  20. Like
    slinkyjynx got a reaction from Tortoise in New vs Old sovereign metal composition   
    Not to derail the topic at all but does anyone else wish they’d abandon rose gold in favour of the more pleasant mix that the older sovereigns had? Wishful thinking I know but I can’t help but feel the new ones look too much like shiny pennies!
  21. Like
    slinkyjynx got a reaction from Tortoise in Central banks are net buyers of gold   
    "Silver is the means by which people settle debts. Gold is the means by which countries settle debts"
    Put simply, central banks are in a whole different league to you and I.
  22. Like
    slinkyjynx reacted to dicker in New vs Old sovereign metal composition   
    Combined with at best a mushy strike, the modern bullion Sovereigns are not overly attractive.  
     
    I don’t think it is an exaggeration to say that a modern two p has a better strike than the current bullion Sovereigns!
  23. Like
    slinkyjynx reacted to Geovest in New vs Old sovereign metal composition   
    Totally agree. The older sovereign looks more like gold and has character. All it takes is a very small percentage of silver to the mix.
  24. Like
    slinkyjynx got a reaction from HerefordBullyun in Central banks are net buyers of gold   
    "Silver is the means by which people settle debts. Gold is the means by which countries settle debts"
    Put simply, central banks are in a whole different league to you and I.
  25. Like
    slinkyjynx got a reaction from dicker in Central banks are net buyers of gold   
    "Silver is the means by which people settle debts. Gold is the means by which countries settle debts"
    Put simply, central banks are in a whole different league to you and I.
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