SilverStorm

IMHO, stacking PM is for wealth preservation. You can't preserve your wealth if you liquidate it. However, there will come a time to sell your PM for a reason (fund your retirement, medical/health care, investment, etc). In this type of scenario, sell only what you need to get by.

Wow I’m surprised to hear this. Whelp, looks like Lawrence will be implementing stricter security measures. Like you can’t even take a shitter without a security camera checking the💩 in the sewer pipes as it gets flushed down the toilet! 👀😆

That’s a good problem to have! 😆

And this is why I don’t have any inclination of buying old bullion coins, because of perfect replicas as mentioned above. I just don’t have the head knowledge (or time for that matter) to determine if a coin is authentic or not. Current year bullion coin is good enough for me.

You should buy branded bars that is popular in your area. If you try to unload an unfamiliar or unpopular bar, you will have difficulty selling it (let alone getting a decent return on it).

Caitlin, check the link below for more info. link: https://www.cascaderefining.com/real-or-fake

No one testing method can be relied upon 100%. I believe you agree with me on this point. Even the Niton XRF gun has its limitations. This is why everyone should use various testing methodologies to confirm the accuracy of their PM. Unfortunately, it costs a lot of money get testing equipment, which may be out of reach for most people.

What Sigma machine did you use to test your sovereigns? Correct me if I'm wrong, but 1895 half sovereign is composed of 0.9167 gold purity. I got the info from the link below. Link: Half Sovereign 1895, Coin from United Kingdom - Online Coin Club If you are testing the half sovereigns using "pure" gold function, then of course the reading will be outside the brackets. Because the half sovereign is not pure gold. Pure gold function on the Sigma tests for 999 or 9999 fine gold, which the half sovereign is not. If the reading for 90% gold is inside the brackets, then that means your half sovereigns are reading correctly.

I do believe gold will increase in price, but $100K gold is definitely "no way". At $100K gold, we are looking at the end of civilization as we know it, global SHTF scenario. I would hate to imagine what cost of food, commodities, inflation, etc would be that justifies $100K gold price. You will have the elite few surviving, and the rest of the world dying of starvation. Be careful of what you wish for, it may give you what you want and take a large bite of your ass at the same time. This is a more plausible scenario: I recently watched a Kitco News interview with Rick Rule. In the video, Rick Rule stated that India could sell their gold to North America/rest of the world. In return, India buys Russian gold at a discount because of the sanctions on Russia. This becomes a win-win situation for everyone (i.e. in terms of global gold supply) - Russia unloads gold for Indian fiat currency or whatever they want to trade it for; India gets Russian gold at a discount because they know Russia is desperate and turns the screws on them; India sells their own gold (or Russian gold) at market price and makes a profit; America/rest of world gets alternative gold supply that is lost from Russian trade sanctions. I'm not saying this is the way it will play out, just a possible scenario. If this scenario is plausible and doable, gold price should not skyrocket due to supply issues; it would only increase due to geo-political issues and inflation, just to name a few. My 2 cents.

I'm not against 1/10 oz size coins, but I do prefer the standard 1oz variety. Currently I'm nearing my limit on buying the 1oz, due to the sharp increase in spot price. If spot price continues to sky rocket, I will scale down my purchase to either half oz or 1/4 oz.

I’ve only bought 24 carat, as the Canadian gold maple leaf only comes in four nines fine. Not against 22 carat, but given the choice between the two, it will be 24 carat all day, every day.

Here’s a thought…why not create a custom “Chards Prepper Pack,” that is ethically priced and sourced. I think you’ll do quite well. 😆

Yes that's definitely possible too.

I was browsing on MSN and came upon this article about ancient treasures and artifacts. Here's one interesting fact...ancient people prepped for emergencies, just like we do today. It's definitely interesting to see how ancient people view gold as a storage of wealth. Link: Incredible treasures found during construction work (msn.com) Pot of Gold Workers demolishing the abandoned Cressoni Theatre in Como, near Milan in Italy, stumbled across a literal pot of gold when they found a soapstone amphora of 300 coins dating back to the Roman imperial era in 2018. The coins were stacked in rolls and coin expert Maria Grazia Facchinetti said that whoever placed the jar there had "buried it in such a way that in case of danger they could go and retrieve it". The coins date back to 474 AD.

For me, the most prized silver is the 1oz Asahi silver bar. It’s the very first precious metal I bought that got me started on the journey of PM acquisition. So it’s mainly because of sentimental reason.

if you believe there will be a major correction in the stock market, might be best to wait for the stock to tank a bit more before buying. It’s likely possible given the stock market’s jitteriness over the possible invasion of Ukraine by Russia.

In a SHTF scenario, we can all crash at @HillWalkerDundee. I'll bring the beer!

IMHO...if you're low on cash, make sure you have all of your life expenses/necessities taken care of first, like rent or mortgage, health care premiums, utilities, etc. Then save enough cash for minimum of 3 months living expenses before thinking of getting into precious metals. The worst scenario is you buy silver/gold, but then are forced to sell it at a loss because you have cash flow problems and need to make ends meet.

Everyone who buys metals makes their choice based on their specific needs or circumstances. Nothing wrong with that. As for me, I'm stacking gold for SHTF scenario as well as wealth preservation. It's easier to move and take with you when you have to bug out of your home/city/country to a safer place to live (assuming there is one).

And when the central banks come out with CBDC, we can all digitally wipe our arse! Oops, still got clinging poop! roflmao!

Thanks @SilverPlatinum. The ironic part is that I had order this from a US online dealer and have it shipped back up to Canada! If it wasn't for the fact that it was NGC slabbed, I would have totally skipped it. Unfortunately the left hand (mint) doesn't know what the right hand (printing dept) is doing. Screw ups like this will happen.

Got this in yesterday, but didn't have time to post up pics until now. Enjoy!

I decided to skip the 1 g as there wasn’t a capsule that fits it (at least that I know of). And I also already have the Maplegram, which comes in 25 x 1 g coins.

Recently picked up the entire 2022 fractional GML set. From left to right: one tenth, one quarter, one half, and 1 oz 2022 Canadian GML. Enjoy!

I buy from reputable online bullion dealers, so no issues with fakes. Also I typically purchase current year mintage bullion, so the likelihood of fakes is greatly reduced because they are BU straight from the bullion wholesaler or the Royal Canadian Mint. And since I have testing equipment, I always independently verify all my purchases to confirm authenticity.