Coverte

Not often we see this bar being listed

I hoovered up a lot of Platinum Jubilee sovs in my purchases binge last year; IMHO their long term prospects are better than the memorials - I don't think you'll regret that purchase - albeit in the longer term 👍

That's very sweet of you, the Ritz again .........

No idea, it was sent to me by @James32, I guess they must be close friends ...........

Shrewd move when high value item dealers keep low profile...........

We're up over 5% in a month; so blips like this should be expected and I suspect won't overly detract from an upward direction of travel either in the year or medium term.

Proof or should we assume regular bullion ?

Are all the coins Harrington & Bryne products please or just the 2017 ?

Don't spend all that profit in the same shop ..........

Planning on doing some hedging are we

I never knew @Auronum to include P&P before, but sure they will reply in due course, always very attentive.

This is a very good summary as I think keeping a % of savings / a portfolio in Gold & PM's is a must, although peoples idea of the ideal % varies of course. This upwards cycle still has more upward momentum over the next year+ IMHO, (follow the central banks) but patience is key, as we don't really know the cause of this fast rise. But with Gold compounding at 8-9% over the last 20 years, long term stackers have done very well; maybe flippers did better, that can be a big variable according to how you value the time spent and buy/sell prices of what's left.

Admirable condition I have to say; I would struggle to ditch any of my Gillick sets I will admit; have you no heart .....................

Exactly what I was trying to explain on Friday, the Shanghai, in the long term, will be the measure gold is priced in. Although, before we get too carried away: All these people saying "this is it," or that gold has decisive momentum, or that this rally is unstoppable are... expressing wishes, dreams, hopes, and hype, not facts. Technical analysis is informed by the past. So, if the market just changed, previous trends and probabilities go out the window. Central bankers don't care about Fibonacci series, RSI, golden crosses, cup-and-handle patterns—or even price. They buy because their political masters order them to. And they stop when they accomplish what they've been ordered to do, or when their orders change. I can't see any line on any chart predicting that. Some guy on X/Twitter telling us what we want to hear ("Gold's going to da moon!") is not a rational basis for investment or speculation. Some well-respected guru telling us what we want to hear ("Gold is likely to go much higher.") is not proof or foreknowledge of what will be. We don't know what the big Gov't buyers orders are, nor when they will be fulfilled. I'm still long term optimistic, very, but not enough to fill my boots quite yet, especially with a few below spot deals still happening as @Spyder alluded to in his sale post.

Well played sir, I admire such perseverance 👍

Not if FOMO kicks in, as has happened before and is currently happening with other stocks and 'investors' still piling into stocks far to late.

THIS. Although, in all fairness, the current upswing has been widely expected and anticipated from most reputable investors and market makers for several months now; next up, in theory, are well chosen miners, God knows, those are still dirt cheap in many cases, despite some increased input costs, many are very cash positive, plus of course, M&A to come later.

Indeed, I warned that idiot Michael Saylor it would all end in tears .............

They bought the the pre-dip dip ........ GLWS.

Very true and on the flip side of the coin (no pun intended) there were very good buying opportunities during the sub £1500 dips in July and August when some dumped coins at spot and even below. Happy days for any of those still in peoples collections and those who bought BTC alike 👍 Not worried about breaking £1700 today due to currency distortions, it's about keeping over the $2100 level now $2000 maybe behind us which will dictate the direction of travel in the forthcoming weeks and months IMO.

Those receipts would be fascinating to see, I've only seen notional 20% margins amongst pawnbrokers, never major bullion dealers. Their average dealer margins (ignoring weeks like this) are relatively transparent within their companies house a/c filings and somewhat below the 20% level !!

That's a massive spread, was it a small dealer or a pawnbroker ? No, the reason why the Shanghai has seen higher pricing of late is it's primarily proper physical changing hands, allegedly that's where much of the Eastern countries etc Gold comes from, as the others are mainly just shuffling paper, not physical. Eric Sprott and many of his billionaire ilk and other commentators with skin in the game have spoken out strongly about this and how they think it will eventually become the true measure for Gold value as Comex & LBMA manipulate themselves into obscurity. Maybe not - Atkinsons buying price offering is also getting even worse than in the past, I suspect that's how and why maybe ?

Exactly, twas ever thus. But when the Shanghai becomes the measure used for valuation, since that's physical and not manipulated, but probably a decade away, the Comex and LBMA will potentially become history since the East hold the bulk of gold globally.

Maybe, but overall this current cycle is far from over, central bank buying (having exploded their own currencies) will look after the price in our favour IMO. We may see up to £1850-1900 within the next 18 months if current trends hold and there's little to stop them, the personal family stacks all on hold for now accordingly.