SovereignBishop

Stick to smaller coins (sovs personally). If you want to sell and buy a 1oz down the line you can. 

It's Lawrence Chard. That explains why he has been so quiet on here lately. 

Or just buy silv**.

Taken from the telegraph today
A powerful force is stalking the world’s gold market. It is operating in the shadows. 
None of the normal footprints are visible on the London bullion market or the Chicago Mercantile. Retail goldbugs have not been buyers: ETF gold funds have been shrinking since December. The crowd is piling into the Bitcoin scam instead.
Yet gold has smashed through a four-year barrier around $2,000 an ounce, rising in parabolic fashion since mid-February, and hitting an all-time high of $2,431 on April 11. Is somebody preparing for an escalation of the shadow Third World War?
“It is not a Western institution behind this. It is a massive player with very deep pockets. I have never seen this kind of buying before,” said Ross Norman, a veteran gold trader and now chief executive of Metals Daily.
Gold has been ratcheting up fresh records against the headwinds of a strong dollar, a 70 point jump in 10-year US Treasury yields, and hawkish talk from the Federal Reserve. This mix would normally spell trouble for gold.
Whoever it is – or they are – seems insensitive to cost. Central banks do not behave like this. “They buy on the London benchmark and they don’t chase the price,” said Mr Norman. This rally is happening off books in the OTC market. 
Yes, China’s central bank has been adding to its declared gold reserves for 17 consecutive months, part of the gradual portfolio shift away from US Treasuries and European bonds by the Global South. 
Dollar weaponisation since the war in Ukraine has unnerved every country aligned with the authoritarian axis of China and Russia. None can feel safe parking money in Western securities after Russia’s foreign reserves were frozen.
Yet the scale is modest. The World Gold Council said central banks bought a net 18 tonnes in February: 12 in China, six in Kazakhstan and India, four in Turkey, partly offset by Russian sales. This hardly moves the needle.
The Chinese people certainly have been buying gold, creating traffic jams at the Shuibei jewellery hub. Precious metal is the only refuge from the property crash and the slump on the Shanghai bourse. Tightening capital controls make it hard to smuggle serious sums abroad. 
But this alone cannot account for the price surge, either. Mr Norman says the gold flow to Asia has been within normal bounds.
So let me take two stabs at this mystery, one geopolitical and one financial. It has been clear for three years that Russia, China and Iran are operating in collusion, each feeding opportunistically on each other. All three have fostered belligerent hyper-nationalism as a means of regime survival, and all aim to press their advantage against a fatally complacent West before the window of opportunity closes.
This menace on three fronts has reached a dangerous juncture. None of the major democracies have put their economies on a war-time footing despite the obvious threat.
The West has dropped the ball on Ukraine – or worse, it is preventing Ukraine from hitting Russian oil facilities – and has therefore left the door wide open for a knock-out blow by the Kremlin this summer. 
Iran has been emboldened by Putin’s military comeback. It is also flush with money. Joe Biden is so worried about rising petrol prices that he has turned a blind eye to sanctions busting, letting Iran sell as much crude as it wants. This has enabled Tehran to advance its pawns in the Middle East, and now to risk a direct missile strike against Israel. 
The third shoe has yet to drop but China knows that the West has run down its stock of military kit trying to contain these other two crises. Xi Jinping may never have a better moment to tighten the noose on Taiwan with a naval and air blockade, gaining a stranglehold over the West’s supply of advanced semiconductors that can then be used as a bargaining chip. How would the democracies respond to this?
There is a strong suspicion among gold experts that China is behind the surge in buying, building up a war-fighting bullion chest through state-controlled banks and proxies. But others, too, can see that we are living through a fundamental convulsion of the global order, and that the dollarised financial system will not be the same at the end of it. Gold is the hedge against dystopia.
However, there is a parallel explanation. Covid finally broke our spendthrift governments. The talk in hedge fund land is that some big beasts are taking bets against “fiscal dominance” across the West.
It is a collective judgment that too many countries have pushed public debt beyond 100pc of GDP and beyond the point of no return under prevailing economic ideologies and political regimes. Budget deficits have broken out of historical ranges and are running at structurally untenable levels for this stage of the cycle. 
Central banks will bottle it – under this scenario – in order to mop up issuance of treasury bonds. They will let inflation run hot to help states whittle down debts by stealth default. You might argue that this is what they already did by letting rip with extreme money creation during the pandemic.
The Bank of Japan is refusing to raise rates above zero or halt bond purchases even though core inflation is 2.8pc and the Rengo wage round is running at 5.2pc. This is what a debt trap looks like. With a debt-to-GDP ratio above 260pc, Japan cannot return to sound money without risking a fiscal crisis.
Olivier Blanchard, global debt guru and former IMF chief economist, once told me how this would unfold by the mid-2020s. “One day the BoJ may get a call from the finance ministry saying please think about us – it is a life or death question – and keep rates at zero for a bit longer,” he said. 
The European Central Bank is also in a debt trap. It continued to buy buckets of Club Med bonds even when inflation was over 10pc. This was patently a fiscal rescue for semi-solvent states. The ECB has backed off for now but will be forced to shield Italy again with fiscal transfers disguised as QE in the next downturn.
The Fed has largely monetised the Trump-Biden jumbo deficits. It now faces an invidious choice: either it stays the course against inflation, at the risk of a US funding crisis, a commercial property/banking crisis, and recession, all ending in a return to QE and fiscal dominance; or it cuts rates hard and fast before inflation is under control, also ending in fiscal dominance. Is gold sniffing this out?
Of course, the gold spike may be nothing more than wolf pack speculation by funds orchestrating a squeeze on bullion shorts through the options market, knowing that this sets off a self-fueling feedback loop. If so, the rally will short-circuit soon enough.
My bet is that a big animal with a Chinese accent is bracing for geopolitical or monetary disorder on a traumatic scale.

Stick to smaller coins (sovs personally). If you want to sell and buy a 1oz down the line you can. 

Stick to smaller coins (sovs personally). If you want to sell and buy a 1oz down the line you can. 

It's Lawrence Chard. That explains why he has been so quiet on here lately. 

Well, that’s a box ticked for my 2024 goals….
 
add 1oz CGT free coin to the stack! A beaut of a coin as well

Can I buy 240000 off you at 19£ an oz...
Asking for a bert....

They can have mine at that price..

And war is their main hustle to get rich

Pretty sure Biden said he won’t back them if they do, but he’ll forget by morning.

Silver proof one pound coin 1983
St Helier jersey x2 available 
slight toning 
 
£16 each posted 
 
PayPal FF or add the fees or BT

Happy to take the bar you have for £780. This fetches me back to my silver to gold ratio. I try to keep in between 12-1 and 8-1 and currently I've dipped into 7-1. Please PM me with your payment details. 

Yes absolutely correct and nobody can blame you for trying to get the best deal possible. We all try to get the best deals we can, but we too have all had to pay the premiums on silver, and of course VAT on silver should be abolished.
My price is firm and is very very good price for the bar I have offered.
If you did find one that was dinged up it still wouldn't sell for less than spot. So if a better condition bar is available for a slightly higher price then I think it would be a no-brainer, but I understand other people may think differently.
Anyway the offer is there for you mate if you don't find something else. If you want some images let me know. But again I wish you good luck with your search 👍

£420

My reactions have renewed. I've now got x19 to selectively use tomorrow 
But this one was well worth it 

I would love to know if these should technically be known as an error coin, with the obvious fact that Elizabeth II died in 2022. At the same time would it have callous of the Royal Mint to have melted down all of the 2023 coins with her majesty Elizabeth II on them. Or is just a matter of economics that too many 2023 coins with her majesty's effigy has been produced to melt, that the Royal Mint thought '**** it' just release them.

#1 = 5 x 1g Tavex Gold Bars £325
#2 = 5 x 1g Tavex Gold Bars £325
#3 = 5 x 1g Tavex Gold Bars £325
 
 
NOW WITH FREE RMSD!!!! 💥
 

I'll take these mate. Please PM me with details.

Big thanks to @9x883 for the 50p
@kneehow2018 for the baby krugs 
@bigben for the baby brit
 

£260 each plus post of your choice/risk.  Will include RMSD if all 3 purchased.
Payment by bank transfer.
Thank you for looking.

Since my last comment on April 4, retail buyers, stackers, and investors have been holding back, waiting for the price to go down. 
The common mistake is that these buyers think they are in a trap and the price is going to fall, but the consenses of the market know that value will be created and the waiting buyers will get trapped. The value euphoria starts kicking in with these buyers as the price goes higher, and they will start buying, and this even makes prices higher. Buyers are all ready in a trap now. As stackers and investors, you can't stop; you're a part of the market. The market forces you, as a stacker, collector, or investor, to buy at these prices; mints will bring out new items, etc.; the market will go in to price range of what is made for the next few years.
I purchased stock gold and silver on April 4th, but my delivery has not even come and its up in%, so don't get trapped. All the common YouTube videos will come out, and they will say they will not buy at these high prices. Pro traders like myself are doing the opposite from day one. 
 
Ask yourself: What have you brought in the last two weeks? If nothing, what price will you buy at then? sky high, I hope that helps inside proprietary trading advice. 🤠
 

Received today from @JamesH
I am finding because the premiums are literally zero on most coins atm and hugely shrunk on the rest, I can still buy shields at a very similar price I was paying in January
 

Could I have one of each of the remaining Tudor beasts please?
Lion, Yale, Bull