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Reputation Activity
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JohnA1 got a reaction from silversky in Gold Monitoring Thread £ GBP only
...and not a 'notice of a warrant' or some other claptrap they typically present when pushed (if at all!)
A warrant clearly signed by a named judge, accompanied by supporting affidavit and long list of due process done correctly.
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JohnA1 reacted to Earthmetal in Gold Monitoring Thread £ GBP only
If it was 1p per decade I still wouldn't buy one.
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JohnA1 reacted to GoldDiggerDave in Gold Monitoring Thread £ GBP only
I see some people baulking at the TV license, only to pay over a grand a year to sky sports to cheer millionaire kids kick a ball around🤣
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JohnA1 got a reaction from Norskgeld in France 1700s: paper, printers, more paper -> birth of the gold Franc. Are we about to see history repeat itself?
Same here.
They have been trying for centuries to fool the sheep into thinking that money is garbage they issue - paper, electronic, whatever is easy for them to issue at near-zero cost
And human nature being what it is, fools are born every day - and the cycle goes round and round..
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JohnA1 reacted to gji25 in Gold Monitoring Thread £ GBP only
Chillax Girls and Boys. Could be a good year 😉
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JohnA1 got a reaction from AuricGoldfinger in Gold Monitoring Thread £ GBP only
True - if your first name is 'Current' and your surname 'Occupier'
Otherwise why volunteer statements to anyone?
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JohnA1 got a reaction from Kitalon in Liquidity: Have 1oz coins had their day?
Traditionally an investment would command an expected rate of return over and above the 'zero risk' interest rate.
So if the 10-year govnt bonds yield 5%, a long-term investment proposal would need to promise over and above that 5% depending on the perceived risks, otherwise nobody would be attracted to it - they'd stick to the zero risk governmental promises.
That's the theory
In the good'ol times according to the same theory people with a large amount of money in the bank could live off the interest and keep the capital intact.
We know that is not true nowadays, if someone dares live off the interest, the capital shrinks to nothing. And the 'zero risk' interest rate is not pereived as zero risk by everyone anymore. Plus we've woken up to the definition of 'money in the bank' being neither money, nor ours anymore.
In any case, gold would be expected to keep its purchasing power in the long run, so nobody would bet their life on guaranteed returns over and above the 'zero risk' interest rate.
It would just be expected to keep up. I don't think that has changed. Retention of purchasing power is all we expect in the long run.
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JohnA1 reacted to MrStacker in Gold Monitoring Thread £ GBP only
When ya broke = dips happen
when you get paid = all time high again
fks
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JohnA1 reacted to SovereignBull in Gold Monitoring Thread £ GBP only
You’ve summed it up very well.
These new regulations and things I’v seen over the past 6 months are what Bitcoin was made to bypass!
I got lucky with Crypto for 3 years but when I recently needed to complete a survey before I was allowed to place a sell on tokens I owned on crypto com that’s when I knew it was time to get out.
I’d much rather hold any spare wealth I have in my own hands and under my sole control.
In the end all these regulations for Crypto are nothing but good signs for gold!
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JohnA1 got a reaction from Gruff in Gold Monitoring Thread £ GBP only
True - if your first name is 'Current' and your surname 'Occupier'
Otherwise why volunteer statements to anyone?
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JohnA1 got a reaction from Coverte in Gold Monitoring Thread £ GBP only
ETF 'approvals' mean that the centralised finance vermin (that crypto-dudez are supposedly against) can pretend to hold bitcoin without actualy doing so, hiding behind obscure promises.
Same as they do with other commodity price shenanigans.
DeFi at its core is about zero trust, zero need for approvals, zero counterparty risks.
Exactly the opposite of the expectations driving the bitcoin price right now!
"Bitcoiners" are not even aware that they should spit at any reference of bitcoin 'price'.
Everything else should be priced in bitcoin - but hey, that's small print for the get-rich-quick crowd of followers...
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JohnA1 got a reaction from theman73 in Gold Monitoring Thread £ GBP only
ETF 'approvals' mean that the centralised finance vermin (that crypto-dudez are supposedly against) can pretend to hold bitcoin without actualy doing so, hiding behind obscure promises.
Same as they do with other commodity price shenanigans.
DeFi at its core is about zero trust, zero need for approvals, zero counterparty risks.
Exactly the opposite of the expectations driving the bitcoin price right now!
"Bitcoiners" are not even aware that they should spit at any reference of bitcoin 'price'.
Everything else should be priced in bitcoin - but hey, that's small print for the get-rich-quick crowd of followers...
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JohnA1 got a reaction from Agaupl in Gold Monitoring Thread £ GBP only
ETF 'approvals' mean that the centralised finance vermin (that crypto-dudez are supposedly against) can pretend to hold bitcoin without actualy doing so, hiding behind obscure promises.
Same as they do with other commodity price shenanigans.
DeFi at its core is about zero trust, zero need for approvals, zero counterparty risks.
Exactly the opposite of the expectations driving the bitcoin price right now!
"Bitcoiners" are not even aware that they should spit at any reference of bitcoin 'price'.
Everything else should be priced in bitcoin - but hey, that's small print for the get-rich-quick crowd of followers...
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JohnA1 reacted to Roy in Gold Monitoring Thread £ GBP only
But remember, it's not the price of gold that has risen, it's that your fiat has become worth less!
Aren't you glad to get rid of 400 bits of worthless paper for something that actually has value?
Buy, buy, buy 😊👍
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JohnA1 reacted to Richard82 in Gold Monitoring Thread £ GBP only
I sold 3oz at the right time. But should of held off buying till today instead of yesterday 🙄
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JohnA1 got a reaction from Nick69 in Verification
Correct - surface conductivity test is not enough.
A test through the coin/bar is also needed (to identify inserts), as well as precise weight and dimension check (density)
Sigma Pro variants can help there.
The above specimen however might fail a thorough visual inspection, which is essential occassionally😄
Might have also fail the magnet and ping tests (subject to soup ingredients)
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JohnA1 got a reaction from Darr3nG in Verification
Correct - surface conductivity test is not enough.
A test through the coin/bar is also needed (to identify inserts), as well as precise weight and dimension check (density)
Sigma Pro variants can help there.
The above specimen however might fail a thorough visual inspection, which is essential occassionally😄
Might have also fail the magnet and ping tests (subject to soup ingredients)
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JohnA1 got a reaction from Fenlander1 in Verification
Correct - surface conductivity test is not enough.
A test through the coin/bar is also needed (to identify inserts), as well as precise weight and dimension check (density)
Sigma Pro variants can help there.
The above specimen however might fail a thorough visual inspection, which is essential occassionally😄
Might have also fail the magnet and ping tests (subject to soup ingredients)
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JohnA1 reacted to AaaGee in Verification
I only buy from dealers and people on here who stake their reputations on legitimate sales.
Do like those scales though.
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JohnA1 reacted to Clockpuncher in Verification
For bullion sovs, get yourself a set of sovereign scales - for example: https://www.sovereigncellar.co.uk/antique-crown-branded-brass-sovereign-rocker--coin-scale-2451-p.asp
They test thickness, diameter and weight for sovs and 1/2 sovs in a very easy to use format. Combined with a magnet test and reviewing the appearance of the coin it should give you a decent level of certainty.
Of course you can then go further down the verification route with the sigma tools or the professional methods at jewellers/LCS but as long as you are buying from trusted sources and using the above techniques I think you're 99% likely to OK.