HonestMoneyGoldSilver

I think you said it - there's a lot of unrealised inflation in the gold price, perhaps around 50% of the current spot It's no longer possible to borrow infinite amounts of money and run huge debts in a quest for growth as interest rates have risen and remained sticky. Investors want profits, dividends and secure stores of wealth right now, not growth and speculative profits 10 years from now (Value Stocks > Growth Stocks) Gold is slowly coming back into fashion as the ultimate stability and store of wealth but it's just the beginning, there's a long way to go for the gold rally

£132 💪

£128 💻

I would be too it's a beautiful coin!

the privy mark is colourised but the actual Kookaburra and background is not It's only the WMF versions that are fully colourised Compare your coin with the dealer listings I posted above you will see the difference in the colour and the price

2020 $1 Melbourne Money Expo ANDA Special 30th Anniversary Kookaburra – Coin City ($85 AUD = £44) 2020 Melbourne ANDA Expo Special 30th Anniversary Australian Kookaburra 1oz Silver Coin with Floral Privy (coincollect.com.au) ($89 AUD) 2020 ANDA Melbourne - Kookaburra 1oz Silver Coin With Pink Common Heath Privy | Direct Coins ($65 AUD = £33.85 but out of stock) Then the WMF version: 2020 $1 WMF Berlin 30th Anniversary Australian Kookaburra 1oz Silver Coloured Proof Coin - Town Hall Coins and Collectables ($189 AUD = £98.37)

I'm researching and feel free to correct me but it's only the World Money Fair editions that are colourised The coin you are showing from Melbourne is not colourised and isn't as valuable

Just to check is this coin the colourised version or plain?

Nice bargain. Let's test the waters. Do you want to sell it to me for £45?

I dread to think how insufferable you lot will be if gold breaks £2K by August @James32 I'd rather BTC went to $1 million or England won the World Cup 😂 Seriously though gold will smash £2K when the Fed cuts. If it's already above £2K when they start cutting, may God have mercy on our TSF GMT souls

I bid because I like Kookaburras 🤷‍♂️ Depends on the country for price. None sold in the UK that I can see but prices in Australia and USA are > £100. APMEX want $225, it's out of stock almost everywhere else 2024 AUS 1 oz Silver Colorized Kookaburra BU (World Money Fair) (apmex.com)

£60

Are we soliciting serious answers? When you have enough in precious metals to cover all of your bills and outgoings for 5 years, including your dependants Metals aren't supposed to be 100% of your investment portfolio. Some assets that produce yield (like stocks, bonds, ISAs, real estate) are essential unless you plan on selling your metals to fund your retirement

Just a bit of fun to balance out the Misandry. Equal rights, equal lefts 💪

Good afternoon, Kings and Gashes, another wonderful day in the TSF Gold Thread! What chart we use is less important than everybody using the same chart. It's hard to keep track if everybody uses different measuring sticks for the same length of string And in a strange coincidence: There is approx 254,000 metric tons of gold (including underground reserves) and the total world population is approx 8.1 billion That works out as almost precisely 1 troy ounce of gold per capita globally (31.358 grams/person)

To secure the item you can either comment in the thread or send a PM When making payment you do so via PM. Mostly it's via bank transfer but some sellers will give you the option of PayPal and occasionally cryptocurrency

Some good stuff in there IDK what you mean, inflation is transitory 😂

Watch the buy & sell for a while, get a feel for the prices. Read the feedback of sellers. There are some great sellers on TSF especially for sovereigns. There are a bunch of coin nerds, businesses, collectors and stackers who know more about precious metals than is healthy I joined intending not to buy anything, hung out for a month, then got jealous of seeing all the bargains. Since then I've bought more than once a week for a year - asset rich and cash poor is what they call it 🤷‍♂️. Turned out to be an unintentional masterstroke as the value of GBP has been heavily eroded while gold and silver have done OK By all means put up a 'Wanted' ad. If you keep an eye on the buy/sell it's likely you'll see what you want come up for sale - plus many items you didn't know you wanted but now you do 😁

£50 to get you started

Bitcoin Price (BTC) Lower After U.S. Inflation Data (coindesk.com) A series of Fed members have made clear they're not inclined to begin easing monetary policy until seeing a sustained path, i.e., more than just one monthly report, of inflation trending downward. Traders, meanwhile, have quickly whittled away their expectations of rate cuts, and prior to this morning's report had priced in just two or three for the full year, according to the CME FedWatch Tool, with the first move coming in June or July. Following the new inflation data, the tool now shows September as the most likely time for an initial rate cut. If that's true then before we see the Fed cut there has to be two or more consecutive months of inflation trending down, so that's a decent bit of forward guidance Fed Governor Bowman says additional rate hike could be needed if inflation stays high (msn.com) "While it is not my baseline outlook, I continue to see the risk that at a future meeting we may need to increase the policy rate further should progress on inflation stall or even reverse," she said in prepared remarks for a speech to a group of Fed watchers in New York. "Reducing our policy rate too soon or too quickly could result in a rebound in inflation, requiring further future policy rate increases to return inflation to 2 percent over the longer run." --------------------------------------------------------- You know I love a good TL:DR 💗 This is bullish for gold IMHO even if that seems somewhat counterintuitive. The summer is likely to see no rate cuts, markets are aware of this, making the price action during this period crucial. If gold goes up during the summer months when it's swimming against unfavourable seasonal and macro factors, gold will almost certainly rocket this winter/when the Fed cuts. It's not overly optimistic to call $3000/oz by the end of 2025, that may even be quite conservative

The 16 "Buffalo and Bear" coins = Tokelau Bull & Bear Search on TSF for recently sold prices or take whatever James sold them to you for and take off 50% add 5%+ or so to reflect spot price going up

Not me saying it, that's how traders currently have it priced. The Fed may not cut until 2025, which is what I would do if they were mad enough to put me in charge. I've said a couple of times I believe Powell will quit before he enacts significant cuts. He doesn't want history to remember Jerome Powell as the man who broke the USD and started WWIII CME FedWatch Tool - CME Group

I was highlighting this a few weeks ago albeit in the crypto thread (BTC correlates with big tech stocks). You're 100% right though, the world's richest men and the CEOs of major companies are having a billionaire's car boot sale. They have called the top and by default they can't be wrong, just like they weren't wrong the last few times they collectively sold shares As for that p**** Jamie Dimon, I have my suspicions about that. Looks more like he's setting himself up for public office - failing upwards - like his mate Henry Paulson. It's a requirement for the Secretary of the Treasury to sell his shares before taking office so he can't be accused of, you know, orchestrating a trillion-dollar bailout for his buddies, cause that would NEVER happen 🤷‍♂️

Yep, this We're celebrating GBP going down like it's gold that's going up. In reality gold is currently down today The above being a good excuse for the BoE to RAISE rates not cut. Being popular is fun 😁 Nope. The market has already shifted to September as the first month with a majority cut view. June currently shows a 16.9% odds of cutting, down from 65% 31st July is about 42.5% odds of cutting 18th September is about 68.5% of cutting Again another reason for the BoE to hike, on top of the obvious one that inflation is still a nightmare in the UK. Fan mail to @OrangeBastard2024 CME FedWatch Tool - CME Group

Super-likes are Orange, coincidence?