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OldCoin

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  1. Like
    OldCoin reacted to sixgun in Silver squeeze   
    Well that is the risk i take. Your situation sounds a bit different to mine.
    i move across borders - moving silver is not easy since Brexit. You could end up paying taxes or getting it confiscated. With some of my silver in Kinesis i can move it without moving it. i can get it delivered wherever i want and i can sell it at the click of a mouse or spend it on a card. It makes sense to keep some of my silver in this format. i've worked with the people running this for several years - i have personally chatted to the CEO. i have bought - sold and taken the cash more than once. i agree holding it is good but for ALL your metal i don't think it is necessarily the best.
  2. Like
    OldCoin reacted to Patyq in Silver squeeze   
    I dont wanna sound mean, but:
    You dont hold it, you dont own it.
    And that the history is laid down with broken promises.
    AND I wish you will never be in situation to find out how true those words are - recently I had (and still have) massive problems with regaining control of my propperty (worth far less than 1/3tone of silver) left in someones keep.
    Legally I can do nothing and guy is laughing in my face. If I attempt to burn his house, kidnap his son or shoot his knee - im gonna be the one going to jail and he still be owing my property. Lol
     
  3. Haha
    OldCoin reacted to HillWalkerDundee in Silver squeeze   
    He melts it down into brick size. Have you not noticed his new extension? 🙂
  4. Haha
    OldCoin reacted to Roy in Silver squeeze   
    I believe @sixgun's physical position is much improved thanks to his mediterranean diet 😁
  5. Like
    OldCoin reacted to sixgun in Silver squeeze   
    i was joking with you HH.
    "Due to my very modest holdings i am unbiased and objective when it comes to silver.
    HH always loves to smear silver at every touch and turn. He should learn to use gloves when handling precious metals."
    i am NOT unbiased about silver - i feel sure you know i am a silver fruit and nut case. So straight away you should realise i am taking the piss out of myself. The whole post was a joke.
    There was a point in time when i was adding gold - i think that lasted about a year b/c i recognised i was so out of line i really needed more gold but now i have slipped back into my old ways.
    i have stated a long time ago i held a lot of silver. i have never sold any. i have it vaulted now which i think is best these days. i own over 1/3 tonne of physical silver. i am still looking to add more. 
    i know you hold a completely different point of view to me on a number of things and that is fine. i think you are wrong but hey you think i am wrong and that is absolutely fine. Between us we must have some of it right.
  6. Haha
    OldCoin reacted to TommyTwoShots in Silver squeeze   
    Where do you vault that kind of quantity? My safety deposit box costs 30 quid a month!
  7. Thanks
    OldCoin got a reaction from sixgun in Silver squeeze   
    Not necessarily but it's fair to defend him against your assumptions, for me it's more defending the principals of the entire movement not only @sixgun whom I believe understands this. Ofcourse it's up to @sixgun to state his reasons if he wishes.
    You're an interesting fellow, it's very hard to have a reasonable discussion with you. Youre always baiting for an argument it seems.

    My point was made, principals matter more than a number. Speculating to defend ones self in an attack on another mans reasons, is a sign you are on shaky ground.
    Everyones reasons will be different so generalisations miss the point on that fact, I was trying to reasonably help you see a bit clearer. As usual you are not listening.
  8. Haha
    OldCoin reacted to sixgun in Silver squeeze   
    Due to my very modest holdings i am unbiased and objective when it comes to silver.
    HH always loves to smear silver at every touch and turn. He should learn to use gloves when handling precious metals.
  9. Haha
    OldCoin reacted to sixgun in Best silver memes   
  10. Haha
    OldCoin reacted to HerefordBullyun in Best silver memes   
  11. Like
    OldCoin got a reaction from HonestMoneyGoldSilver in Best silver memes   
  12. Like
    OldCoin got a reaction from HonestMoneyGoldSilver in Best silver memes   
  13. Thanks
    OldCoin reacted to sixgun in Silver squeeze   
    The #silversqueeze is working.
    US Mint admits there is a silver shortage.
    Blaming bots for them receiving so much web traffic - the bots are ordering silver coins!


     
  14. Like
    OldCoin got a reaction from Hyperion in Silver squeeze   
    A further thought, particularly to the question of metals dealers being over hyped. To be objective they are a good sourse of market suply/demand, and they have their feelers out for every influencing dynamic effecting the market, so as long as they are honest and not giving financial advice-they provide excellent info to the market for investors to help them make descisions. I think to be fair to try and seperate their hype/speculations from their fair concerns. It's obvious some have raised some fair concerns and that has helped the market shift in a positive direction towards real price discovery and this move will help to expose further cracks showing us how fragile it really is.

    Everyone has a right to put their analysis each way, but when one oppssing view blankets the said facts above as all hype it's more than a gross generalisation, so essencially hype also, just of an opposing kind.
    These fair concerns that have been raised over many years not just Silver Squeeze (which is new) have benefited all dealers, as this investment group grows (and we all know the reasons obviously eg undervalued) And that's a good thing, the dealers are an important part of the market.

    Now the Crypto crash and the building momentum in G+S might further help the demand on S to grow this year, and as the economyy further declines and inflation creeps in that demand will grow if not stay steady, it will be interesting to see if that demand can keep up, in any case I think something will be wrong if prices don't break last years high.
     
    Thanks mate. The bickering doesnt help out collective plight, but sometimes it's fair each needs to vent off a little or get's a little passionate. Sometimes we all get a change in our understanding reflecting with others agreeing or not, can be amusing too.

    I spent many years studying and am still studying Scriptures to tie it into or build my historical understanding with it as a foundation was the motivation, the journey has changed tack somewhat but the truth cant be known properly without that reference point, ultimately I'm a realist who wants the truth and best for everyone but I understand that things need to be in a certain order to get there and that has been washed or lost in many today. As for interpretation od said scriptures I have sought to correct the 27,000 mistranslations and misinterpretations, language dialectics, translations across 4 languages, word morphs etc. I'm well aware the majority of Christian Theology/interpretation is completely off and I have been excommunicated for bringing it to their attention. I've seen the Masons in the Bible Colleges. It's almost completely infiltrated by Satanists, or is promoting wokeism BS.
    I enjoy your posts also, thanks for sharing your thoughts.
     
     
     
  15. Like
    OldCoin reacted to sixgun in Silver squeeze   
  16. Like
    OldCoin reacted to Spark268 in Silver squeeze   
    I dont think the dealers are to blame, it is almost impossible to get the retail product at the wholesale level, and things were tight before the squeeze started. the price of silver on this forum and on fleabay has been converging with that of the dealers so its the fair market price for retail silver. The crime that the dealers  are still offering sub spot prices for buying your silver.
    The problem is that without retail investment demand, the silver market has a surplus, and the average investment demand reduces the surplus so that things even out.
    However, since last year, the investment demand, and the covid related closure of silver mines, means that the market is in a significant deficit. 
    Going forward, the refineries have to decide whether to meet retail demand (coins, small bars) or to serve the industry. Typically, the industry does not hoard silver like individuals do, by operating just in time inventories, and given that the silver component of most finished goods is very small, industrial users will be able to pay more than we are for silver.  This will cause silver to rise to $50 and beyond, in order to entice retail investors to sell their silver back.
    At the risk of sounding like a broken record, buy platinum !! there's no hype there, and the platinum to silver ratio remains at all time record lows. You do not often get trade set ups like this
     
  17. Like
    OldCoin got a reaction from VelociteeSteel in Silver squeeze   
    And how glorious to see the BTC head and shoulders Ponzi 2.0 and I called it same c**p as in 2017-18 with the name musk replacing mcafee, there will be a 3.0 too LOL but it might be over, there wont be many new idiots ready to risk it or will there, maybe there will. The world is a very stupid place.

    Edit: No offence to anyone who's suffering losses with crypto, I was one of them in 2018 admittedly before I said never again I took a significant loss and if I had have held on till now could have done well but couldn't care less for it it's nonsense in my opinion, happy to see the market reflect this and it was so obvious this would happen  Crypto is so corrupted and corruptable, just not realistic like metals are and will be in 1000 years
  18. Thanks
    OldCoin reacted to ScentSationCandles in Silver squeeze   
    This is exactly the type of division that illegitimate "authority" desire. For us to be divided based on our perceived differences, but if we are left or right, it doesn't matter, because they are still not on your side. They hate you both equally. It's a red herring that keep your mind off from their own activities. (I know you already said this, OldCoin.)
    Big Marc, I'm a classical liberal. You have entirely legitimate perspective. It doesn't make it true, but it might be.
    Sixgun, I'm an anarchist, which cannot include any individual wanting to take over control for themselves and be a warlord (Communists), because that would mean they are still Statists. I personally can't agree that the more to the right you go, the less authoritarian you are. Christianity is predominately right-wing. While it doesn't happen very often, some of them still burn books. Burning and banning books happened a lot in the past. That's authoritarian. But it doesn't matter to me if we disagree on something. You provide a lot of valuable information.
    OldCoin, I grew up in a Baptist Church, debated Jehovah's witnesses, visited Lutheran, Methodist and Presbyterian Churches. There isn't a whole lot of doctrinal difference between them and the Baptists and Jehovah's Witness seem to think everyone else is going to hell. None of them realize that they've gotten most of their interpretations from Freemason gatekeepers and their all protestants out of the Catholic Church and they're all wrong 99% of the time. Even Catholics, who killed off all the dissenters after the 2nd century. Literally no one of them follow Jesus' teachings. An example: Jesus stated that when the end of the age took place, there would be some that were listening to his words that would witness it. Does anyone really believe that people have survived from two thousand years. It happened in AD70 and Nero was the Anti-Christ and I've yet to meet a Christian who isn't 99% wrong on their interpretation. But that doesn't matter to me at all. We are all iron and we have an opportunity to sharpen each other. We are supposed to love our neighbors as ourselves.
    BigMarc, I disagree with you more than many people on here, but that doesn't matter to me. I've still enjoyed reading your comments and I'm going to miss reading them.
    The left wing needs a right wing. The right wing needs a left wing. Otherwise the damn bird won't fly. It's when we forget and start attacking each other that makes me conclude that the bird has gone suicidal.
    I might not be able to claim I really know any of you, but I love all of you and this forum would not be what it is without you.
     
    Ps. I know I'm a little late to the party.
  19. Haha
    OldCoin reacted to sixgun in Silver squeeze   
    Nice objective interview covering the silver squeeze.
     
    and a Getaway Car.
  20. Like
    OldCoin got a reaction from ScentSationCandles in Silver squeeze   
    Unless it's the "BBC" ?? 

    One must question everything - that I believe, especially the MSM liars.

    However, without a solid reason other than they do not like something then they are just propagandists themselves, and hypocrites to deny it's worth investigation, or vice versa.

    If they don't like whats being said and just want to poo poo it and be abrasive and smear the whole forum as "propagandists" for defending people who've done nothing wrong, then call it for what it is.

    "condemnation without investigation is the height of ignorance"
  21. Like
    OldCoin got a reaction from ScentSationCandles in Silver squeeze   
    I think it is a bit questionable to say those who are fighting for the manipulated price to correct to it's true value is "manipulation" if it is wouldn't that be just, considering it is a response to financial corruption, which everybody knows is rampant in the markets.
    Sure the Silver dealers have talked up, but I think that's based on sound reason and the fact that the market cant beat the shorters until the demand exceeded supply. Covid and the inflation epidemic coming through wanton money printing has given a window to break the manipulation I think if someone has helped protect peoples investments by getting them out of the paper and into the physical market, they deserve their wage. 

    Sure, dealers like yourself stand to profit from this by it's nature, but this again is only the product of the metal being manipulated in value for too too long, it's not their fault but they are in a good place to capitalize on it and so they should, they work very hard for it and I'm sure you agree in essence. So people fighting to see the market be honest and accountable are not the problem, but a response to the problem, they are not to blame but people will scapegoat them.
    One day the spruikers will be congratulated for foreseeing the outcome and helping people get in at the right time.
    The silver ratios make good sense as a buy factor, but as does the whole global economy and world situation has never been such a motivating factor to get in. Can they keep the fiat system going, well see. I'd rather have something real for my fake paper/plastic. We may never see such high GS ratio as we have previously, that's my bet. Were on the cusp of a new breakout if they can't hold it back, I truly believe it. If it doesn't break highs then that doesn't mean I'm wrong just that they maintain the manipulation.

    I hope the Silver Squeeze fight back even harder, as this is not over yet, it's a war between good and evil as usual. Evil never rests.
  22. Like
    OldCoin got a reaction from ScentSationCandles in Silver squeeze   
    I'm not suggesting anyone do anything but I do believe Adams has fought for the little guy.
    What do you have to back up your claim, I'm in Australia and there are no reports of AGAG being crooks, they don't sell paper silver and show me a living witness or two's testimony that proves your claim or cease it because sounds false to me. AGAG as far as I know are reputable.
    Adams wouldn't risk his career and reputation with them if they were not. So please put up or shut up and, in absence of the necessary proof of your claim admit you are wrong.
  23. Haha
    OldCoin got a reaction from ScentSationCandles in Silver squeeze   
  24. Thanks
    OldCoin got a reaction from ScentSationCandles in Silver squeeze   
    I got a email this morning form John Adam's, his latest newsletter. Some of you may have this info but for those who don't I felt it was a compelling update on the ETF/Perth Mint/Kitco basically the Silver Market manipulators are going after Adams legally but he's upping the ante. John has done a wonderful job defending the rights of investors in exposing the fraud's going on and the responsible parties, as has many others. I believe he deserves our support for the effort. Enjoy


    Can't see this message? View in a browser   John Adams takes on the International Silver Cabal!
      Dear all,
    It has been a crazy 2 weeks as I have had to deal with a legal “Cease and Desist Notice” (C+D Notice) which was issued by law firm Dentons Australia Limited on behalf of their client Kitco Metals Incorporated (Kitco).
    In the past 2 months, I have been on a global campaign calling out the risks of synthetic silver products (i.e. unallocated, pool allocated and exchange traded funds (ETFs)) to retail investors, especially in the instance where these products are not backed 100% with the requisite physical silver. This circumstance is referred to as ‘fractional reserve’.
    This campaign has resulted in me butting heads with numerous organisations who have been known to have had questionable practices.
    This campaign commenced in early March 2021 with my commentary about the Perth Mint based on real time information from Australian Perth Mint customers, but did not purely rest there.
    Numerous organisations from both within Australia and overseas were included in my public remarks especially via twitter.
    Of all the people in the world who could have been targeted by Kitco, I found it truly stunning that they would come after me, an Australian, when there are plenty of Americans and Canadians who could also have be targeted as well given that they have said similar things to what I have said on twitter.
    For those who are unaware, on 29 April 2021 I received a C+D Notice which contained a list of demands from Kitco that required compliance within 24 hours otherwise they would take me straight to court seeking compensation for the ‘irreparable damage’ that I caused them.
    Rather than submit to such intimidation tactics, I decided to push back.
    Interestingly enough, the past 2 weeks have resulted in a series of twists and turns which has yet to result in litigation in court, however, the risk of this occurring has not subsided. These twists and turns include being hit by Dentons (supposedly the largest law firm in the world) with a "copyright infringement notice" for publishing the original C+D Notice on Twitter.
    Nevertheless, my fight against the silver cabal – those actively involved in suppressing the silver price through an international pricing system which involves, at the retail level, diverting demand away from physical silver through synthetic silver products – continues unabated.
    John Adams Legal Defence Fund
    To be honest, I don’t know where this legal action is headed, but in order to give me enough flexibility to take on Kitco and now Dentons, I thought I would set up a legal defence fund last week that would give me more legal options come what may.
    I have been overwhelmed with the amount of love and support I have received from all over the world. This has been more than what I could have ever imagined. Contributions have come in from Australia, America, Canada, the United Kingdom, Germany, France, among other countries.
    The faith and support which has been shown in me has renewed my sense of purpose in why I continue to do what I do. It has also crystalised the sense of responsibility that I carry in fighting to find and expose the truth (in both economic and political matters) and seek to help as many people navigate current and future turbulent conditions.
    For those who want to either look at, or contribute to, the John Adams Legal Defence Fund, you can do so via the following link:
    https://www.gofundme.com/manage/john-adams-legal-defence-fund
    Australia's Federal Budget
    The other critically important news of the past few days has been the Federal Budget here in Australia. Given that my laptop spent 2.5 days in the computer repair shop this week, I have only been having a critical look at the Federal Government’s official budget papers for the past 48 hours.
    The scale of the economic and financial horror that the Morrison Government has unleashed on the Australian people is truly horrifying.
    Much of this has been lost on the general public given that the mainstream media and ‘cash for comment’ economists refuse to fully explain the scale of the outrageous spending, the mounting debt and deficits as well as the economic and societal ramifications.
    For those interested in my considered views, I will be publishing a new article on my website in the coming days and I will also be recording a new show with Martin North in our channel, "In the Interests of the People".
    Seminar in Newcastle (NSW) – 19 May 2021
    I am happy to announce that I will be hosting my second seminar for 2021 on 19 May 2021 which follows-up from my seminar from last month in Adelaide.
    This upcoming event will be in Newcastle, NSW and I will be breaking down the debt nightmare which Australia is currently digging itself into.
    Those politicians in Canberra are racking up debt with reckless abandon. Restraint and prudence have been thrown out the window.
    The situation for Australia does look grim indeed and the consequences for not only ourselves but also for our children and grandchildren are horrifying.
    For those interested in coming along and listening to my thoughts on the economy and what the future holds for Australia, you can register for the event through the following link:
    The Australian Debt Nightmare - Say Goodbye To Your True Blue Childhood Tickets, Wed 19/05/2021 at 6:30 pm | Eventbrite
    One on One Session with John Adams in Newcastle
    One of the new innovations that As Good As Gold Australia (AGAGA) and I have launched this year is a series of one day ‘economic clinics’.
    In these clinics, clients and prospective clients are able to meet with me for free one-on-one sessions which run for 30 to 60 minutes (depending on demand) where they have the opportunity to ask me any question you like about economics, finance, precious metals and even politics.
    So far, I ran two successful economic clinics in March and April this year both of them in Adelaide at AGAGA’s corporate head office.
    Given this success, I am pleased to inform you that I have made myself available to be at a corporate office in the Newcastle CBD on Thursday, 20 May 2021 for our next economic clinic. This will be the following day after the seminar on the evening of 19 May 2021 as mentioned above.
    If you are considering purchases of precious metals and would like to ask clarify any outstanding questions or concerns, this would be a good opportunity to do so.
    All you have to do is to e-mail me at john@asgoodasgoldaustralia.com and request a session and I will try to fit you in.
    Australian Border Force
    I would like to mention an important story relating to the bullion industry.
    In the past month, the Australian Border Force (i.e. Australia’s customs service) has made importing physical gold & silver extremely difficult over fears of tax evasion scams. Multiple Australian refiners & bullion dealerships have been impacted by major delays.
    These delays have been frustrating for the industry given the lack of communication and transparency by the Australian Border Force.
    Constant promises of completing their regulatory process have been broken which means that scheduled releases of physical gold and silver from Australian ports have been delayed resulting in refiners and bullion dealerships unable to manufacture and deliver physical gold and silver products to the Australian retail bullion market in an adequate timeframe.
    These delays have impacted bullion dealerships such as As Good As Gold Australia. For some of our clients, this has been a very frustrating experience, but I appreciate those who have shown tremendous patience during this situation.
    Fortunately, it appears that some breakthroughs have been achieved in the past 7 days which will assist in meeting the demand of the Australian retail bullion market.
    If anyone has any questions or concerns about the physical gold and silver supply chain and how this impacts the Australian retail bullion market, please feel free to contact me at john@adamseconomics.com.
    How to Follow Me?
    If you haven’t yet, please feel free to follow my work either through subscribing to the ‘In the Interests of the People’ channel on YouTube or by following me on Twitter, LinkedIn or Facebook (I have a dedicated Adams Economics Facebook page).
    I often post on social media multiple times a day where I post key updates or my thoughts on breaking events.
    With regards to YouTube, if you wish to receive notifications of when Martin and I post a new show, make sure you following two step process:
    click on the bell which can be found near the notification button ensure that your YouTube settings have been enabled so that you can receive notifications. so that your smart phone will alert you to when a new post has been published.
    Also, given the intense level of censorship which is now taking place on social media, I have a dedicated “Adamseconomics” group on telegram which has attracted more than 3,700 followers so far. If you are currently on Telegram and would like to join, feel free to join up on the group through the following link: https://t.me/AdamsEconomics
    Goodbye for Now
    This is all from me for now. If you would like to reach out and ask any questions free feel to e-mail me at john@adamseconomics.com.
    Keep well and stay safe. I look forward to connecting with you soon.
    Cheers,
    John Adams
     
  25. Haha
    OldCoin got a reaction from Roy in Silver squeeze   
    GOD, GUNS, GOLD !!! In that order GGG

    Even though you're being sarcastic and trying to make fun of people different than yourself for peer group acceptance, I will be serious and honest with you.

    No you are destined to be taxed to hell in the UK sadly, and religion (worldly and of man) is so corrupted as it's been controlled by those who collect tax.

    I love God but hate religion as it's so corrupted so your baiting is redundant, if you care you might see the distinction between the two, or just keep being willfully ignorant, untill one day you are on your knees begging for God's help. Remember then how foolish you were to be proud in blasphemy.

    Your Gold wont save you or sustain you, nothing of this world will be acceptable but your faith, honor and righteousness.

    The number matters not, God doesn't need big numbers.
    I pray all with eyes and ears to hear do so before it's too late for them, Thy Will Be Done in any case. May God bring us all out of this Babylon Hell !
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