GoldenGriffin

Wow, love it! Ran out of reactions 😍

Run out of reactions 🤣

Imagine that... if it was revealed in years to come that, actually the XRF machines couldn't test the bars fully and a vast amount of large gold bars contained very little gold and were mainly tungsten - that will certainly cause a 'shock wave' in the gold Market! Edit: corrected 'stir' to a more suitable word 'shock wave'!

😄 Sadly, there are less buyers while we're in this cost of living crises. I would have bought more, but I have been unable to. When gold keeps hiking upwards and the more affluent start to take notice along with other instruments failing, you shouldn't have a problem selling 😉

The things we do huh! 😉

Gold's time has shined in the past, and I think it will shine much, much brighter within the next 7 to 10 years. In the lead up to gold shining more 'brightly', we'll sadly, continue to see more and more crises. When all of the gold that can be mined economically, or in the lead up to it, that's when something 'big' will happen with gold. If I wanted to buy nearly all of something as cheap as possible and I could influence the price of it, I would make it as cheap as I could until I had most of it and then boooooom!! To the moooooon!! We'll look back at £1,600 per oz and say, wow that was cheap!

Puts pressure on smaller banks, causing to close and distribute deposits to larger "too big to fail banks" making the depositors "whole" again.

Worrying... A sign of things to come possibly for other businesses and the domino's may start to fall and gold may actually go higher but end up in the media after gold's increase? I think this happened with COVID when gold crept up at the back end of 2019, but the media spoke of COVID a number of months after the gold increase, if I remember correctly?

I think a little increase to £1,570 and then possibly back down again. Gold goes up significantly when the globe is hit by a shocker and everyone knows about it in the media.

Climate change lockdown next I reckon and then over the £2,000 threshold... But the question is when and as we all know, gold tends to move slow for a while and can be a slight delay in the sudden move up...

Hand up, I feel quite warm and fuzzy... 😊 Let's see what else unfolds...

Just don't buy the credit suisse ones! 🤣

Those that wrote and knew the rules in the 30's, knew what type of gold to buy and were exempt and the 'few' benefitted from the revaluation and the majority did not. I suppose if we see regulation changes today or recently that affect gold and limiting types of ownership, that could be a sign for things to come. But let's hope we don't see a repeat of the 30's. If we did, then I think those that do have to exchange their gold for fiat will get significantly more than what they paid for it before the price is reset more towards where it should be.

And gold didn't crash in the 30's it was revalued at a higher rate.

Would I choose to have 1,000 pieces of gold on retirement, where I only need to cash-in 10 every year to live on whilst the other 990 pieces of gold continue to increase in value and, have access to liquidate everything if desired and live in a country of my choice and transfer my wealth with me tax free, or... Have a private pension where I have to be a UK resident to claim it, it's drip fed back to me that is taxed and the amount paid to me every week is out of my control and I'm unable to ask for more if I'm struggling to get by and if I die, a significant proportion that is left will end up elsewhere and not to who you thought it would go to. Will you live long enough to reach the age of retirement...? Pensions worked for previous generations, but much less for people who retire today. People contributing to pensions today, are paying towards those that are retired now. The cost of living is decreasing the number of members who can contribute over time. I think the future for private pensions is at risk. Those claiming a pension now, I think are okay, but those generations that have 1, 2 or more decades left of contributions may be at risk. I can clearly see how people are 'reeled in' with tax free contributions, employer contributions, etc. but I clearly see a picture that most people don't see, and people too focused on what's been promised to keep people paying in.

At first I was taken back and a little confused and shocked by the design, but now I get it... Mythical piece of art. I really like it.

Interestingly, it said that gold, specifically gold jewellery is likely to contain the stolen gold that was made since 1984 That does offer an insight to an unanswered question I've had for a number of years... When there was a limitation on the amount of gold a person could privately own historically, numismatic gold coins and, correct me if I'm wrong, but I believe gold jewellery was exempt from the limitation, but in some places, was encouraged to give up their jewellery for their country. My question has been, if theoretically, a limitation was ordered again, how would gold jewellery from private ownership be exchanged for fiat currency? If the gold within the jewellery was stolen or very likely to have been stolen, then is there an argument to exchange it for fiat under a catastrophic global financial collapse? I know Turkey was asking their citizens to sell their gold to the government not too long ago due to financial troubles. And I've seen and heard loads of adverts encouraging private owners to sell their gold and send it through the post. Showing a program like 'The Gold' on the BBC would make the public think about their gold jewellery and whether it contained stolen gold and possibly start to think about selling it - I know I would think in that way. I wonder if the majority of gold jewellery was made after 1984? Not sure history will repeat itself, but good to have sight of what's happening.,

I now have my Queen's Beast Horse of Hanover quarter oz returned with the correct grade (mistakenly graded as 'MS' mint state and now 'PR' proof)... so happy it's back in my hands! 😃

I'm still waiting for spot price to go to £1.200! It could still happen, but my gut feeling is it is going to stay pretty much where it is now, give or take (woo, just seen a fox!) 5%.

I even got a gold PCGS coin holder, which I was surprised with. I now have black, mint and gold for those that enjoy good coin holder!

Thank you. I'm so happy with the result and the collection! Happy New Year!!

Absolutely. Waiting for PCGS to get back to me to rectify.

After this, I've got the 1 oz queen's Beasts to grade. Hopefully with good result!

And more... And more... And more...

And more... More...