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BigMac
Reputation Activity
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BigMac got a reaction from TheShinyStuff in Gold and Silver Price Drop
Thanks everyone thats good advice. I want to leave what I buy to my kids in 30 years, so I guess its not a big issue what prices do short term.
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BigMac got a reaction from Arganto in Gold and Silver Price Drop
Thanks everyone thats good advice. I want to leave what I buy to my kids in 30 years, so I guess its not a big issue what prices do short term.
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BigMac reacted to sixgun in Gold and Silver Price Drop
i was looking at the price of monster boxes of Britannias on Atkinsons last night - i happened to write the price down. It was £11 115. Right now the price is £10,785. That is a fall of £330. That is a fall of 2.97%.
Looking at XAG/GBP on Tradingview it looks like price fell 3.3% between the time i looked and now. So the price on Atkinsons is not following spot exactly but it is quite resposive. Now if price were to absolutely crash like March 2020 i expect the selling price of coins will not follow spot.
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BigMac reacted to LawrenceChard in Gold and Silver Price Drop
Did you miss somebody out?
https://www.chards.co.uk/blog/newbies-investment-guide/1008
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BigMac reacted to GoldDiggerDave in Gold and Silver Price Drop
BigMac. There's no making sense of the perfect time to buy, if you knew that you'd be a very rich man. A good place to start are secondary market bullion Sovereigns and have a game plan, a sovereign a month or every few months. If you are buying for the long term daily/weekly fluctuations don't really come into it (baring a massive gain or crash) even large shifts level out over time.
I see people buy into gold and once they have it in hand they expect too much too soon and are watching spot prices every second of the day. Some have very low attention spans and sell gold off as fast as they buy it normally at a loss.
Don't over stretch only buy what you can afford to hold.
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BigMac got a reaction from Arganto in Gold and Silver Price Drop
Hi Everyone,
I'm still getting my head around stacking and still doing some research. I was wondering how long does it take for a price drop to be reflected in a shop like The Britannia Coin Company or Bullion by post?
Thanks to everyone who posts, this is a very useful forum
Mac
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BigMac reacted to HawkHybrid in Gold and Silver Price Drop
coins that are currently minted/easily replaceable should follow price drops more quickly.
previously minted or less common coins are likely to be slower to change to price drops.
HH
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BigMac reacted to Shep in Gold and Silver Price Drop
Much like everything else, dealers prices go up like rockets and come down like a feathers.
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