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OldCoin

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  1. Like
    OldCoin got a reaction from Hunter87 in Best silver memes   
  2. Like
    OldCoin got a reaction from ZigZag in Perth Mint Crisis Update   
    Because they see it as price exposure without the security costs and get suckered in with "free storage" In some cases they've been charged storage. It suits only the bankers there's nothing to be gained in making a better world with the existence of fake trading a commodity, it just gives the rich and in the know an advantage to never let the little guy get anywhere, most of these people have never picked up a shovel in their life that's for peasants like us.

    I agree there's nothing like the real thing
  3. Like
    OldCoin got a reaction from SilverJacks in Perth Mint Crisis Update   
    Seeing as you've asked I will do my best to answer, but somewhat reluctantly.

    I think they are beautifully made and intricate and I respect eveybody's choice to do as they believe and see fit,  however as I mentioned I'm against the symbology for spiritual reasons and I wont comment further as it may open a can of worms.
    In a nutshell though and the main focus for me is to follow my traditional roots and cultural roots and dragons, and mythical beasts like warewolf or unicorn, are not in that realm, I consider it demonic.

    Same with something like Darthvader, or Kraken or what have you in those fictitious, Modern Fiction, or Pagan Mythical realms, it's all the same to me, no matter how popular, just not my thing. These wont stand the test of the ages, to be of any significance IMO. The designs have no value to me and I consider them a curse. Again my opinion.
    I hope that answers that and I'm happy to discuss further with you privately but that's the end of it for me here.

    Again, I respect eveybody's choice to do as they believe and see fit. But I can't touch these items and feel good no matter how tempting it is. You're welcome to make of that what you will but hopefully you don't ridicule that but accept my choice is for spiritual reasons which I'm very firm about, for reasons reflecting on the experiences of my life, and my disgust at the decadence of this world.

    Therefore, I've made these decisions out of principal and I find strength to stick to that regardless of temptation to own a few when the price is very sweet and I could flip for a quick profit.  Cheers
  4. Like
    OldCoin reacted to Bigmarc in Perth Mint Crisis Update   
    Yes a empty warehouse. Look at the bars at the back, they wouldn't be shipped like that and on those pallets. Looks like they have been spread out for the purpose of the photo. What weight do you think the bars at the back are? 
    And why is he wearing safety glasses?
     
     
  5. Like
    OldCoin got a reaction from Arganto in Perth Mint Crisis Update   
    I hope it's not your last post brother. I think I got the jist of your message however the first paragraphs are a bit confusing, assuming sarcasm though. Keep speaking what you see as the truth for the greater good I will always listen and aim to do same. What is life worth if you cant. If you read a few of my posts you might know that I'm no lover of fake money whether it's Crypto or fiat, their inherent problems and ability to be manipulated and even disappear or lose all their perceived value is too vast, they have left a trail of false hope and misery over the times, and they will run out soon. Crypto was made and is beta testing to be it's replacement is my informed opinion.. What does that leave left of any intrinsic value and security. Problem is the powers that be don't want any population secure or in possession or control of their money.
    Well that would be logical and my guess too without being any expert, I have a good idea about general logic though and it doesnt add up but nothing does anymore in the "world"
    Absolutely, Positively Absolutely ! Based on reality !
  6. Like
    OldCoin got a reaction from dicker in Perth Mint Crisis Update   
    I hope it's not your last post brother. I think I got the jist of your message however the first paragraphs are a bit confusing, assuming sarcasm though. Keep speaking what you see as the truth for the greater good I will always listen and aim to do same. What is life worth if you cant. If you read a few of my posts you might know that I'm no lover of fake money whether it's Crypto or fiat, their inherent problems and ability to be manipulated and even disappear or lose all their perceived value is too vast, they have left a trail of false hope and misery over the times, and they will run out soon. Crypto was made and is beta testing to be it's replacement is my informed opinion.. What does that leave left of any intrinsic value and security. Problem is the powers that be don't want any population secure or in possession or control of their money.
    Well that would be logical and my guess too without being any expert, I have a good idea about general logic though and it doesnt add up but nothing does anymore in the "world"
    Absolutely, Positively Absolutely ! Based on reality !
  7. Like
    OldCoin got a reaction from ScentSationCandles in Best silver memes   
  8. Like
    OldCoin got a reaction from stefffana in Best silver memes   
  9. Like
    OldCoin got a reaction from HonestMoneyGoldSilver in Best silver memes   
  10. Thanks
    OldCoin reacted to sixgun in Best silver memes   
  11. Like
    OldCoin reacted to Scaffstacker in Today I Received.....   
    Today I received a beautiful hand poured Britannia silver bar crafted by @StBeesSilver I was lucky enough to get the chance to own it thanks to @Jamesd lovely design and uniqueness, love every angle of it  


  12. Like
    OldCoin got a reaction from ScentSationCandles in Best silver memes   
  13. Like
    OldCoin reacted to Bigmarc in Perth Mint Crisis Update   
    Everyone is trying to capitalise in this market. I hold silver because it is a easy solid asset to have. I hold it because it has been around 5000 years. It's a good saving mechanism that's not fiat. I can't exactly walk in to a kebab shop and spend my silver.
    I just don't like meeting trouble head on. I like to see all views from every angle. Helps us gain the bigger picture.
  14. Like
    OldCoin reacted to Bigmarc in Perth Mint Crisis Update   
    Great content, thank you.
    I have read the article from coin week. The fact that companies are making it safer for employees makes sense as I can see it happening in all industries. Unless you can get it spot on it is almost impossible to run at full capacity. 
    Pretty much as I expected, they can't manufacture gold and silver at the same time so they are probably prioritizing what has the largest demand.
    I have had some experience with working with American companies and yes they have a list a mile long of county's they are not allowed to deal with. This is why they buy up European companies and sell their product through them. So if there was a silver shortage I think it would only come from the supplier making it covid safe like the rest of us. 
    The problem we have there seems to be a vicious circle where various industries in this sector are using fear to pedal their product. People are scared of the pandemic and hyper inflation, people are buying it all (at a hefty premium) and not selling. "Some dealers" are feeding off this. 
    If you look at the balance sheet after this is all over, I bet that the shortfall from silver in the industrial industries would have been made up in the bullion market. Just to keep things nice and even.
     
     
  15. Like
    OldCoin got a reaction from Griffo in Perth Mint Crisis Update   
    Maybe the dealers are capitalizing on the current market somewhat but there is also the fact that product has been tight and it can be difficult running a business where the product demand exceeds supply. So the question is why are people not selling, well price and most the weak hands are already out or bought at the top over the last year.

    A bet hey, well we will have to see how things pan out. I agree the financial system implosion through stimulus has everyone scared and so it should, there's no future in the $. Is there?

    So if were all being played and silver has no future then were all doomed LOL What better investments are there with the moral value Silver/Gold have, they are monetary stores of value for 5000 years, so people say Silver is not the best investment what is? And how does it's risk compare, and what is the intention in the investor, get rich quick or to diversify portfolio and hedge hyper inflation over the long term. 

    Silvers time will come if we're not on the cusp of it? I think there's more to this current market developments than some would like to admit, but that's OK we will see what happens.
  16. Like
    OldCoin got a reaction from sixgun in Best silver memes   
  17. Like
    OldCoin reacted to Bigmarc in Perth Mint Crisis Update   
    Me too, really like the old coins, a bit of history with them.
    I am more pro stacking and physical, good solid assets. But I also don't have all my eggs in one basket. You can put money on shares for ten minutes if you like, I have a little in bp oil, just going to keep it there whilst the boat is stuck.
     
     
  18. Like
    OldCoin reacted to kimchi in Perth Mint Crisis Update   
    Absolutely.
  19. Like
    OldCoin reacted to NewCoins in Perth Mint Crisis Update   
    Does anyone think there is actually a silver shortage and it would be beneficial to start buying heavy bars and bullion coins I'm the short or medium term ?
  20. Like
    OldCoin reacted to NewCoins in Perth Mint Crisis Update   
    The 77th brigade are watching, apparently.
  21. Like
    OldCoin reacted to Spark268 in Perth Mint Crisis Update   
    it looks as though the holdings by perth mint on behalf of customers was held by the mint itself in unallocated form. So there's likely a chain of defaults.
    meanwhile, over the the Comex, 50 mln oz have been delivered out of the vaults in March. that's the second highest on record, and equivalent to the annual production of the likes of fresnilo..
  22. Like
    OldCoin got a reaction from Robda1986 in Perth Mint Crisis Update   
    Seeing as you've asked I will do my best to answer, but somewhat reluctantly.

    I think they are beautifully made and intricate and I respect eveybody's choice to do as they believe and see fit,  however as I mentioned I'm against the symbology for spiritual reasons and I wont comment further as it may open a can of worms.
    In a nutshell though and the main focus for me is to follow my traditional roots and cultural roots and dragons, and mythical beasts like warewolf or unicorn, are not in that realm, I consider it demonic.

    Same with something like Darthvader, or Kraken or what have you in those fictitious, Modern Fiction, or Pagan Mythical realms, it's all the same to me, no matter how popular, just not my thing. These wont stand the test of the ages, to be of any significance IMO. The designs have no value to me and I consider them a curse. Again my opinion.
    I hope that answers that and I'm happy to discuss further with you privately but that's the end of it for me here.

    Again, I respect eveybody's choice to do as they believe and see fit. But I can't touch these items and feel good no matter how tempting it is. You're welcome to make of that what you will but hopefully you don't ridicule that but accept my choice is for spiritual reasons which I'm very firm about, for reasons reflecting on the experiences of my life, and my disgust at the decadence of this world.

    Therefore, I've made these decisions out of principal and I find strength to stick to that regardless of temptation to own a few when the price is very sweet and I could flip for a quick profit.  Cheers
  23. Like
    OldCoin reacted to dwreck in Perth Mint Crisis Update   
    There's more than enough digital currency floating around to buy every cheap ounce of silver not bolted down and some. Elon needs it to build cars/space ships and nvidia needs it to make more graphics cards so kids can mine buttcoins.
    It's the future and we don't need silver as currency anymore because it's worthless and gold is a relic of the past. So stop buying it so the banks and ultra rich can have more for themselves to produce and sell electronics that need to be updated every couple years. They sell you electronic junk to distract you from reality.  
    In reality there is a physical shortage and you all have to be lied to because it would become a huge issue for the companies building the spy devices... I mean cell phones...or run out of silver that they need to use for guidance systems in their cruise missiles to bomb countries into submission into only accepting the US dollar in exchange for oil. 
    Don't be surprised if this ends up being my last post and last day on earth for speaking the truth. God bless you stackers and i hope you all have a healthy long life.
  24. Like
    OldCoin reacted to Bigmarc in Perth Mint Crisis Update   
    I'm no expert but I wouldn't have thought dies were used to stamp micro holographic.
    I would have thought the laser would put the security feature on the coin and this would be run on a separate machine. The die design may have changed but surely this would have been done in advance. To actually change a die would take minutes. They wouldn't have one machine per coin design. So they would swap dies daily. 
    I think it is a long process to create a die as the artist designs it in a much larger scale. Then that size is reduced over a number of processes. 
    So it's my guess that the two don't go together and the dies have to be redesigned. 
     
  25. Like
    OldCoin got a reaction from kimchi in Perth Mint Crisis Update   
    Seeing as you've asked I will do my best to answer, but somewhat reluctantly.

    I think they are beautifully made and intricate and I respect eveybody's choice to do as they believe and see fit,  however as I mentioned I'm against the symbology for spiritual reasons and I wont comment further as it may open a can of worms.
    In a nutshell though and the main focus for me is to follow my traditional roots and cultural roots and dragons, and mythical beasts like warewolf or unicorn, are not in that realm, I consider it demonic.

    Same with something like Darthvader, or Kraken or what have you in those fictitious, Modern Fiction, or Pagan Mythical realms, it's all the same to me, no matter how popular, just not my thing. These wont stand the test of the ages, to be of any significance IMO. The designs have no value to me and I consider them a curse. Again my opinion.
    I hope that answers that and I'm happy to discuss further with you privately but that's the end of it for me here.

    Again, I respect eveybody's choice to do as they believe and see fit. But I can't touch these items and feel good no matter how tempting it is. You're welcome to make of that what you will but hopefully you don't ridicule that but accept my choice is for spiritual reasons which I'm very firm about, for reasons reflecting on the experiences of my life, and my disgust at the decadence of this world.

    Therefore, I've made these decisions out of principal and I find strength to stick to that regardless of temptation to own a few when the price is very sweet and I could flip for a quick profit.  Cheers
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