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OldCoin

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  1. Like
    OldCoin got a reaction from ScentSationCandles in Perth Mint Crisis Update   
    At 31:13 a story about an Aussie customer not happy with Perth Mint giving him Chinese Minted bars threatened legal action then they agreed to give him PM branded 1000 oz bars
  2. Like
    OldCoin got a reaction from ScentSationCandles in Perth Mint Crisis Update   
    Yes it has been heavily manipulated, to agree.

    Is it fair market value, that depends who's perspective you see it from. No way if you ask me.
    Would the TV be the same build quality today, probably not, and the labor would have been sourced in a 3rd world less or unregulated environment, making manufacture cheaper with sub quality to 20 or 30 years ago. So the TV is not the best analogy. Even with higher mining costs and more demand the metal has not reflected it's relative value, based on rarity and above ground total supply vs Gold or any other commodity over the same period, the only conclusion is massive manipulation for purposes that do not benefit small holders.
    The $400 price is just an indicator of how inflation has not accounted in the current price, it's ridiculous when you take every other factor into account. The spot price is mind boggling but the retail price is closer to reality but even that is not right in my opinion. 
  3. Like
    OldCoin got a reaction from ScentSationCandles in Perth Mint Crisis Update   
    yep I gathered that's what you meant, and likewise. Thanks for making the point though.

    As for the markets and to bring this back to topic, to give an idea of how they don't correlate to reality when in regards to silver. Based on a inflation adjusted equivalent to it's all time high in USD silver's. That ATH to quote David Morgan is $400 when you factor inflation. I think I'm starting to see whats going on, but it's no guarantee the world will ever reflect true reality.
  4. Like
    OldCoin reacted to Martlet in Perth Mint Crisis Update   
    Yet the market price of silver has consistently and persistently stayed around the levels it has for years.  That is reality.  
    Consider a basic TV would have cost around £250 in 1980, today a superior basic model would be £150.  Adjusted for inflation it should be £800-£1000.  Are prices of TV not reflecting reality or are they fair market price?  Not everything goes up in line with inflation.  
    So apply Occam's razor, has the entire silver market been suppressed, year after year, in an open market with thousands of participants looking for advantage, or is it fair market value? 
  5. Like
    OldCoin got a reaction from Faiz in Perth Mint Crisis Update   
    Further, the dissatisfaction of their clients is based on the clients apparently losing trust, being fobbed off etc. The rhetoric ie. the stated delivery times on their site (10 days) for unallocated to become allocated is not being met by the said time frame, and that is what's got people uneasy who are locked into those contracts, it does not look good for the mint. Further compounding this is the world situation and the moves we've seen in Silver recently.

    "If you don't hold it in your hand you don't own it"
  6. Like
    OldCoin reacted to Bigmarc in Perth Mint Crisis Update   
    I suppose it depends what industry you are looking in. I think you need to compare it to similar products. Good example are TVs, if you compare them to cameras, mobile phones, games consoles, and anything the Chinese are now making the price has vastly dropped. 
    If you take for instance a first class stamp, you can't really compare it to anything else. 12p in 1980 and 85p today a rise of 608%.
    I looked at metals dating back to the 1960s.
    Copper 1379% rise, zinc 2650% rise, tin 1513% rise, gold 528% rise, platinum 450% rise and silver 119% rise. 
    If you take the price of inflation at about 608% then you can kind of see people's opinions on silver. 
    My personal opinion is that silver is on a very strange line between being deemed as a industrial metal and a form of holding value. It doesn't know where it is. Only Time will tell and fingers crossed it leaves gold and platinum and head up with the others.
     
     
  7. Like
    OldCoin got a reaction from Bigmarc in Perth Mint Crisis Update   
    It's not all just only opinion, there has to be an absolute truth or the universe wouldn't function. Truth is, nothing can change it.

    It is found by deconstructing both sides of any argument with an open mind in search for the absolute truth with fair and consistent reason, and occams razor which is what's the most logical likely explanation after doing that, must be the closest answer. However most people, generally speaking, appease their bias and will not hear the other side. 


  8. Like
    OldCoin got a reaction from ARehmat in Perth Mint Crisis Update   
    Haha, have you read 1984, it isn't fiction anymore but probably still in that library category, if they didn't vaporize it.
    How can you change the world for the better? Each will have their gifts and the question is our alone to ask oneself, so you tell me.
    Some have made great inventions that improved the quality of life. Some have made personal sacrifices to the benefit of their fellow man, such as soldiers etc.
    But the problem is there is no real just war left worth fighting if there ever has been that I can think of, other than stopping the evils of totalitarian communism, which has been bought on by endless propaganda by media, the deliberate confusion of the information age, materialism, consumerism, and technocratic socialism age. It's demonic and it's cancelling traditions and culture at such an astonishing rate, with nothing of value to replace it with but bogus demonic science.

     in a nutshell the best I can come up with is start with yourself, don't think like they want you to. Be an individual, find the truth and don't be afraid to tell it instead of going for popularity or the acceptance of peers etc, and vote with your $. Most of all Trust, Pray and Obey the simple Commandments and Statutes of God, as best as you can. But that's where the arguments and disagreements start and I'm not looking for that. But seeing as you asked that's my opinion. The rest is choice and freewill. It's one crazy world
  9. Like
    OldCoin reacted to SidS in Perth Mint Crisis Update   
    Just to add, when I state religion, I should have stated 'organised religion', where an authority claims to know the will of deities/God and then use it for political justification/influence/control.
  10. Like
    OldCoin got a reaction from Robda1986 in Perth Mint Crisis Update   
    It's still available here locally, it's only 50,000 mintage, that's quite low that's why I grabbed what I did in the last two years, has a unique security symbol too on obverse.



    1OZ SILVER COIN 2021 WEDGE TAILED EAGLE - PERTH MINT "The Australian Wedge-Tailed Eagle 2021 1oz Silver Bullion Coin is struck by The Perth Mint from 99.99% pure silver and issued as legal tender under the Australian Currency Act 1965. This coin has a mintage of 50,000.
      Sculpted for The Perth Mint by renowned US engraver, John M. Mercanti, the coin’s reverse depicts a swooping wedge-tailed eagle with a snake in its talons. The design also includes the inscription ‘AUSTRALIAN WEDGE-TAILED EAGLE’, the 2021 year-date, the coin’s weight and fineness, and The Perth Mint’s ‘P’ mintmark.   The coin’s obverse depicts the Jody Clarke effigy of Her Majesty Queen Elizabeth II and the monetary denomination.   Each coin’s reverse includes a security feature in the form of a micro-laser engraved letter within the coin’s ‘AUSTRALIAN WEDGE-TAILED EAGLE’ inscription. It is only detectable under a magnifying glass.   Perth Mint coins come encased in a hard clear plastic case to help keep coins in pristine condition. Ainslie Bullion recommends leaving these cases un-tampered for the best preservation of value.   Named for its long, distinctively shaped tail, the wedge-tailed eagle is Australia’s largest bird of prey and one of the biggest eagles in the world. Found throughout mainland Australia, Tasmania and southern Papua New Guinea, the bird has an impressive wingspan of up to 2.7 metres.    
  11. Like
    OldCoin reacted to DarkChameleon in Perth Mint Crisis Update   
  12. Like
    OldCoin reacted to ScentSationCandles in Perth Mint Crisis Update   
    I started waking up to this stuff in 2006. Before then I was fully invested in the lie, so I understand all of the people that want to avoid the truth at all costs. I was one of them. Because it's all so much simpler to believe what you're spoon-fed instead of doing real research which requires exploring all arguments and then picking them apart and reconstructing them one by one. I can't help but come to the conclusion that we've been lied to for a very long time, not just 2001, but 1913. Not just 1913, but perhaps for thousands of years.
  13. Like
    OldCoin got a reaction from klau2005 in Perth Mint Crisis Update   
    Yes, in my opinion, dare I say, everything has been weaponized against we the people who have a basic inherent right to prosper and live free from slavery/usury.
    The war of words is poisoning many minds who cant see the implications or how they are manipulated to an end that doesn't suit their short or long term interests. Double Speak is everywhere.

    I've come to see that nothing in the world is by a completely natural occurrence or means, except for nature where un-corrupted or unpolluted, in other words everything is controlled by a hidden hand for a hidden purpose or agenda that you pay for and are coerced deceptively to be part of but are not privy to the truth, unless you can figure it out for yourself. As an aside, I think that's why a lot of us were attracted to silver. I basically trust a 180 deg flip of what spin narrative were fed in the mainstream is more likely the truth.

    False balances are more popular than ever, and so are corporate and global government/currency/reset/green new BS deals etc. and excused with bogus agendas like Covid to kick it off, eg. The magic word to be a cover for any nonsense not normally acceptable, and quacks and scientists lost every idea about morality look at CERN and their new particle beam that they are sending into space WTF, these vaccine forcing and spin doctoring going on in mind boggling and in every country, they are all in on this agenda and whatever you believe I bet you see the motives are not good and based on control.

    The world has become a mess and 2001 was the major turning point, things looking forward from here 2021 don't look pretty, we must remain hopeful but do what we can to bring change that actually suits the people. The Silver Squeeze Redit group for example has made waves and this is a great example at how we can unite together for a cause.
    We will lose more rights if we do nothing. And what gives in the end, I believe evil will destroy evil, but a huge toll will be paid for our iniquities for being misled and giving our posterity away for a bowl of porridge today, like the historical story of Esau.

    We all play a part in the emerging world and we all have an opportunity to make it a better place for those who come after us. Thank you too for your angle ScentSation
     
  14. Like
    OldCoin reacted to Scaffstacker in Today I Received.....   
    A far too late today I received,
    but all good things come in three’s I’ve heard,
    first of all a stunning 1858 gold 10 francs and a 1/10 philharmonica with thanks to @Domo 
    secondly a beautiful 1894 old head Victoria sovereign from sharps and pickley,
    then last but no means least a 1/4 oz Gold 2015 brittania from Hatton garden metals. 
     
    very happy with the end golden result  








  15. Like
    OldCoin reacted to ScentSationCandles in Perth Mint Crisis Update   
    The Great Reset. Global corporate tax. Vaccine passports. Universal Basic Income. Green New Deal.
    It isn't the Book of Revelation I'm worried about. It's the individuals who appear to be using it for world domination. Certainly we agree that it's too coordinated to be coincidental. Definitely words like "righteous" and "morality" are important, appropriate and accurate and no one should ever be barred from using them. But even their counterparts like "equality," "equity" and "justice" have been corrupted by the opposite by the other wing to have a stigma to them that was not originally intended. They were supposed to mean "equality of opportunity" "kindness, respecting and loving one's neighbor." When all the words you could possibly use have a stigma to them on one "side" or the other, it would seem that no choice could really be wrong, even if all of them have been redefined to leave a bitter aftertaste. A word that came to my mind, an old word, is iniquity, meaning "a false balance." The concept that a person or organization can decide what is best for others and take from the other what is not theirs, primarily a lust for power and control.
    You posts are wealth of information and wisdom, OldCoin. Thank you.
  16. Like
    OldCoin got a reaction from klau2005 in Perth Mint Crisis Update   
    This dialogue was interesting. Some of my thoughts are that JPM is nothing more than a puppet for a emerging power, a New World Order if you like. If they intend to transition to a one world digital currency which I believe is their plan, then they do not want the fact silver is such a raving good buy and has been suppressed for a very long time, they don't want that cat out of the bag, so unless the short squeeze by physical believers can outrun their manipulation, I'd be expecting the manipulation to continue and even become more entrenched. The fact they can get away with it tells me it's a far bigger agenda way above JPM, Billy Goats, and all the other demons without any moral compass. This financial terrorism is the emerging Totalitarian Communism regime, and so is the Socialism that will always lead to said Communism, as Vladimir Lenin was quoted. Like in Revelation, the beast made war with the saints for a time, but eventually evil destroys evil, and good prospers. But my addage is, not if good people don't stand and uphold the righteous morality. Financial morality is getting away from fake money in every way, as they can't control metals in the long run and if every last oz is bought up by the righteous people, and we form our own system of trade and settlement, then there would be no support for the existence of these demonic parasites. That's why everything is regulated to hell in this current system so you and I can't bypass these rotten scoundrels and their sick evil agendas.
    https://www.youtube.com/watch?v=13VMlFPNFHM
  17. Like
    OldCoin reacted to DarkChameleon in Perth Mint Crisis Update   
    The grey sheet is where they're all running from and order sheets won't sell any less then 1000 on maples, brits, eagles...even when silver dropped by $1 the cost of tubed 21s was exactly the same, like the drop hadnt even happened...stayed at $690 for a tube at spot of 24.50 as at 25.50....you can't make money at that price splitting out into singles.
  18. Like
    OldCoin reacted to DarkChameleon in Perth Mint Crisis Update   
    My lcs are paying $7 premium for some stuff
  19. Haha
    OldCoin reacted to ady in Perth Mint Crisis Update   
    Decision is yours!

  20. Like
    OldCoin reacted to DarkChameleon in Perth Mint Crisis Update   
    PM make good coins or good QQ especially compared to RM...the premium tells the story even before the stupid stuff started.
  21. Thanks
    OldCoin got a reaction from ScentSationCandles in Perth Mint Crisis Update   
    Yep and moral of the story is if you hate the current premiums you will really hate the premiums to come, as a indicator of real price direction.

    The silver to keep the market stocked is there but the market manipulators with combined mega capital are hoarding it and will ration it out like a bread line, at inflated prices. Only way to circumvent that may be to secure what you need now or cry later I guess?
  22. Like
    OldCoin got a reaction from kimchi in Perth Mint Crisis Update   
    I guess the balance and order sheet says everything, in this case a picture can give a false impression when you consider all the demand worldwide and locally how much silver does that take, and then what's left in the vaults in reserve every week.

    besides the trust in the BTC market I agree with the author of this videos opinions about what is happening in the silver market, particularly with the lack of continuity with money supply v's fiat price value of the metal, and the logical reasons for that lack of logic in the markets v's other commodities. The only logical reason is deception and corruption and monopolization of control over the physical metals for the building bull market. Definitely the tremors of an emerging bull market in my opinion.

    This guy is worth following, very reasonable I think. He references Perth Mint and says they are rationing silver out which is true. Is this so the smart/evil money can take delivery and drain the physical market to front run the emerging bull?
     
  23. Like
    OldCoin reacted to Robda1986 in Perth Mint Crisis Update   
    🤔 No evidence of when they had the stock 
  24. Confused
    OldCoin got a reaction from TommyTwoShots in Perth Mint Crisis Update   
    There is increased demand which is another way of looking at it, and saying the same thing because that creates shortages. There is shortages because the bankers and industry and silently pulling massive tonnage off the comex, and this has created tremors throughout the whole industry. That is called front running a bull market as they see it looming, they are shorting it to give them time to accumulate the physical.

     When you stack up the real silver v's the BS paper traded there is a discrepancy, and a massive one, and that would be a "shortage".

    And the bankers are shorting in a different way too, it so it will never get it's true value, for if it even got to be near it's real price and people saw that then you would not be able to get any, and I hope and believe that will happen. If that can't happen then we're near the end. The shorting is trying to lessen demand and not reveal the real shortage.
    Yes silver is running short for what is coming, that's my take on it. Absolutely there is a shortage given the increased demand. There's no other explanation. There's a lot of trolls out there paid to quell the panic too, see them come out now. Nothing to see here. Not saying anyone here is a troll but you never know.
  25. Like
    OldCoin got a reaction from ScentSationCandles in Best silver memes   
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