honestinjun

As I mentioned in an earlier post there is a massive disconnect between the 'spot' price and physical gold - coins in particular - they may as well be two different entities.

Waiting for the spot to drop in order to pick up some bargain bullion is a fools game. Any physical (coins in particular) that comes near spot is getting grabbed. Why? Because peopled are cottoning on to the worthless fiat currency (not money) that we are awash with. Physical gold/property is the only real store of value. Make of that what you will.

On 08/12/2022 at 16:18, Dankanugget said:

On a similar front Oxford council is splitting up the centre into 15 minute neighbourhoods. Residents can get a permit to enter the other sectors for up to 100 days a year. Limited movement through the back door ?

The  mark is becoming forever closer.

The people of Oxfordshire are fools to accept such nonsense.  Or, perhaps they'll let the process start and then violently revolt ?

2 hours ago, LemmyMcGregor said:

They are in this together. Keep in mind that what they are doing locally is with the approval of the central government, as many of these schemes are financed by them.

The local governance is just a trick so that they can start passing them locally while the usual idiots think that it will never happen where they are, meanwhile it becomes the new norm and once they push it in their areas is nothing new and they will accept it as that is the way.

At the same time, goes hand in hand with what I repeat about forgetting MPs at present and taking over local councils to make a difference, takes 20,000 votes to be elected MP, takes 800 votes to become councillor. If people were to stop complaining that is useless and actually got elected, they could make big changes.

"Show me your Papers!"

According to data compiled by the World Gold Council, central banks globally added another 31 tons of gold to official reserves in October.

Taking the premiums into account there still seems to me a big disconnect between the quoted global spot price and the actual retail price/demand of physical gold.

So is paper gold (etf's) anywhere near the real thing or just a massive con to manipulate the price and is it actually worth the paper it's written on?

15 minutes ago, Bigmarc said:

99% of people in the UK won't even notice a difference. As long as their card works at the till nobody will care. I can imagine Nigeria being mainly cash country, you will probably find the use the us dollar their as a secondary. Not sure haven't been. Does anyone know? 

CBDC is not currency.  The most accurate equivalent is a ration card because it's purpose is to restrict purchases.

Of course, now or even come the digital apocalypse, you won't be able to exchange a gold sovereign for a trolley full of groceries in Tesco. Why would you even try?

But not too far away an intermediary will want your gold and you will simply exchange a small portion for the current mode of currency, exactly what we do now - that's how it has been for thousands of years - the allure of the yellow metal will not go away just because we might have some digital dystopian system forced upon us.

Beware the naysayers that say your precious gold will be worthless - they are either jealous or are indeed themselves the temple moneychangers in disguise.

Remember that we are not just dealing with a physical entity here; gold has magical properties beyond its fiscal worth, that is why we are drawn to it, that is why it is coveted.

Keep the faith and keep the gold. Keep stacking and hold till the end!!!

Do not disregard the mystical aspect of gold.

Of course, now or even come the digital apocalypse, you won't be able to exchange a gold sovereign for a trolley full of groceries in Tesco. Why would you even try?

But not too far away an intermediary will want your gold and you will simply exchange a small portion for the current mode of currency, exactly what we do now - that's how it has been for thousands of years - the allure of the yellow metal will not go away just because we might have some digital dystopian system forced upon us.

Beware the naysayers that say your precious gold will be worthless - they are either jealous or are indeed themselves the temple moneychangers in disguise.

Remember that we are not just dealing with a physical entity here; gold has magical properties beyond its fiscal worth, that is why we are drawn to it, that is why it is coveted.

Keep the faith and keep the gold. Keep stacking and hold till the end!!!

Could be wrong but no 1898 double eagle I know of had a cc (carson city) mint mark?

https://www.ebay.co.uk/itm/404025277957?hash=item5e11c87e05:g:xtYAAOSwvm1jh37e

1 hour ago, James32 said:

For sale? Not sure it suits you tbh 😂

 

Nor for sale sorry this one's a keeper 😉

4 hours ago, James32 said:

If you don't mind, what was the price?

£1505

Picked up a little beauty this week. I really like the eagle - not sure of the revamped Lady Liberty though - looks like she's been smoking something funny to me.

Can't find a way at the moment....

At some point I will start to sell some USA Double Eagles - but where in the UK?

1. Online auction. I've noticed these coins are fetching good prices at online sales nationally but the commission is eye watering. Plus the time scale is forever.

2. Back to the bullion dealer. c**p price for my beautiful pre -1933 California gold babies.

3. On this forum. No idea cos I'm new here.

4. I won't even mention eBay. Ooops I did.

Not from America just grey old UK - but I do like my Double Eagles.

Thought I'd hang out - see what all the fuss is about!

I've used these people in the past no problem - recently though I've noticed an additional £33 'Customs Declaration' charge has popped up - which is a dealbreaker for me .

Anyone experienced this?