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GoldenSeal

Member
  • Posts

    9
  • Joined

  • Last visited

  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Like
    GoldenSeal reacted to James32 in Sovereign   
    Spot is £426 bud. Just a heads up.
  2. Haha
    GoldenSeal reacted to Brit2023 in Gold Monitoring Thread £ GBP only   
    Bobs bunker?
  3. Super Like
    GoldenSeal got a reaction from katyc in Gold Monitoring Thread £ GBP only   
    ah i see , there seems too be no end in the rising
  4. Super Like
    GoldenSeal got a reaction from bobski in Gold Monitoring Thread £ GBP only   
    ah i see , there seems too be no end in the rising
  5. Like
    GoldenSeal reacted to KevjustKev in 7 X Full Sovereigns Machin Date Run   
    All seven of the Machin bullion full Sov's
    £2975 plus postage of your choice
    Payment by BT
    Pickup in person possible
    Any questions and I will do my best to answer them


  6. Haha
    GoldenSeal reacted to pricha in Gold Monitoring Thread £ GBP only   
    I never understood the logic of never been a better time to buy gold when its at an all time high ? Surely the better time when it was at a all time low 😆 

  7. Like
    GoldenSeal reacted to Tn21 in Gold Monitoring Thread £ GBP only   
    Crazy momentum last month and a great start so far to this month 
  8. Like
    GoldenSeal reacted to Upsidedown in Gold Monitoring Thread £ GBP only   
    We done it guys
  9. Thanks
    GoldenSeal got a reaction from theman73 in The new 2024 1oz Britannia & Liberty silver coins   
    ill take 1 + a Valiant from the other post please
  10. Haha
    GoldenSeal reacted to Midasfrog in Gold Monitoring Thread £ GBP only   
    No just watching it rise 😅

  11. Haha
  12. Haha
  13. Like
    GoldenSeal reacted to theman73 in Britannia KCIII 2024, American Eagle 2024, Maple Leaf 2024, Krugerrands 2024, Philharmonics 2024, silver coins   
    Britannia KCIII 2024 £23 each plus postage
    American Eagle 2024 £24.50 plus postage
    Maple Leaf 2024 £23.50 plus postage
    Krugerrands 2024 £23.50 plus postage
    Philharmonics 2024 £23.50 plus postage
    BT PPFF
    Tubes available


     


     
     
     
     

  14. Thanks
    GoldenSeal got a reaction from theman73 in 1oz The Royal Celebration KCIII Coronation silver bars   
    10 please
  15. Like
    GoldenSeal reacted to Spyder in 35 * Half-Sovereigns   
    @GoldenSeal Here is a 1905 you were after
  16. Like
    GoldenSeal got a reaction from Spyder in 1905 half sov   
    looking for a 1905 half sovereign BU extremely fine or better condition preferred, post too be included
    looking to pay around £215 BT i may increase depending on condition offered.
     
  17. Like
    GoldenSeal reacted to Upsidedown in YH full sov   
    £383 plus £7 RMSD


  18. Like
    GoldenSeal reacted to Fenlander1 in 5g Gold Rm bar in blister £272.35 inc SD (Reduced in line with spot)   
    Easy as it gets 
    As title £272.35
    Post tomorrow 
    Bank transfer only


  19. Haha
    GoldenSeal got a reaction from GodsMoney in 3 Gold Coins - reduced   
    LOVE that dirty fiat line haha
  20. Like
    GoldenSeal reacted to GodsMoney in 3 Gold Coins - reduced   
    Reduced - these are just duplicate dates I have, so open to swaps with other sovereign dates if any interest, or other coins or I'll even accept some dirty fiat currency if push comes to shove 🍻
  21. Like
    GoldenSeal reacted to Roy in 15 x 1/25oz coins, random selection   
    SHTF 'currency'
    15 coins, 18.66 grams.
    That's fractional coins with a decent premium.
    Barter for your tobacco, whisky and medicines 😇
     
  22. Like
    GoldenSeal reacted to GodsMoney in 3 Gold Coins - reduced   
    For sale or exchange x3 Gold coins all in very good condition - the  2000 sovereign pics below don't look as scuffed in person as the lighting makes it look. The 1/3 Guinea has a slight kink in the metal - was a metal detector find, and the 1963 is just a lovely Gillick. 
    - 1803 George III  1/3 Guinea = £250 inc P&P RMSD (2.79g weight, .917 finesse, 2.56g AGW)       SOLD
    - 1963 Gillick Queen Elizabeth Sovereign = £405 P&P RMSD included (7.99g weight, .917 finesse, 7.34g AGW)
    - 2000 Queen Elizabeth Sovereign = £395 P&P RMSD included  (7.99g weight, .917 finesse, 7.34g AGW)  TRADED
     Open to swaps for similar costed coins in spot value. Thanks for looking, will post within 24 hours of sale.
    Payment PP FF or Bank Transfer
     







  23. Like
    GoldenSeal reacted to GoldCore in Will The Gold Price Shift As Two Great Titans Leave Us?   
    Henry Kissinger Image Source: University of Michigan, Gerald R. Ford School of Public Policy
    Charlie Munger Image Source: Gerard Miller | CNBC For much of November gold has been on a tear and this week investors have sent it way up, punching past $2000. Will these giddy heights of over $2,000 be how gold chooses to see out month-end? At the time of writing we cannot be sure. 
    Yesterday prices did soften ever so slightly but the drivers that have affected gold this month (and prior) are ever-present. In all likelihood gold took a bit of a breather thanks to FOMC comments suggesting the Fed would not look to start cutting rates until after Q1, next year. Currently the ECB is odds-on to be the first central bank to cut rates, with the market pricing in a cut from the ECB in the first quarter of 2024, and the Fed in Q2 2024. When interest rates are low, it creates a more attractive environment for investors to buy non-yielding assets such as gold. 
    Whilst we are very bullish that a gold price in excess of $2,000 will soon be ‘the norm’ it is very likely that today will see a routine round of profit taking as investors cover their long positions and in doing so offset their positions with a sell order. 
      Profit taking or not, all the reasons as to why gold has been storming ahead still remain. Even while inflation appears to be faltering and the US economy is still doing well, there are still clear signs that we may witness sticky inflation and tepid growth. For traditional portfolios, the “stagflation” scenario—in which stocks experience price pressure but bond payouts decrease over time—can be fatal. And this is just one of many strong reasons why you need to hold gold in your portfolio. 
    Gold is snapped up in times of low interest rates, high inflation and global turmoil. And where are things at present? Central Banks are already forecasting when they will start cutting rates, but inflation is clearly still present across a number of industries, currencies are flip flopping and we have a number of fires popping up around the world in the form of war and political posturing between nations. A stable world this is not.
    Does a hold over $2,000 matter?
    Psychologically, finishing the month above $2,000 is a big deal. It shouldn’t be, but it is. Afterall the $2,000 mark is just one price, in one currency, and gold is a global currency, traded around the world in a number of currencies and you might not even be buying in dollars.  
    But dollars do still rule the world and the $2,000 price acts as a placeholder for those trading gold. Before you worry where gold will close today, or even in a year, we are reminded of a quote from the late and great Charlie Munger:
    Charlie Munger Steps Out 
    Obviously Charlie Munger was no fan of gold or silver, stating that he had no interest in it. There is little interest paid by Berkshire Hathaway towards any kind of ‘alternative asset’ and such is the wide-spread mainstream respect for Charlie Munger and Warren Buffet that I suspect this approach has resulted in many institutional investors avoiding alternative assets such as gold and silver. But, there was once a time when Berkshire Hathaway stunned the world with a hefty physical silver purchase. 
    Back in 1998 the company released a press release that stated:

    “The company owns 129,710,000 ounces of silver. Its first purchase was made on July 25, 1997 and its most recent purchase was made on January 12, 1998.  During 1998, Berkshire has accepted delivery of 87,510,000 ounces in accordance with the terms of the purchase contracts and the remaining contracts for 42,200,000 ounces call for delivery at varied dates until March 6, 1998. To date, all deliveries have been made on schedule. “

    As Charlie Morris explains, “As rumours of their purchase spread, the price took off, only to give much back after the announcement a few months later…They sold their silver hoard at a modest profit and later regretted the trade, probably because it went against their ideology to “never bet against America” and their establishment credentials.”
    Kissinger and Munger leave at the right time
    Henry Kissinger also passed away this week, clocking out at 100 years old. Like Munger he was born into a world where gold was still king of the international monetary system. But also like Munger he hugely benefited from (and was partly responsible for) the dollar hegemony that arose as a result of the 1971 decision to unpeg the US dollar from gold. 
    There is plenty one could say about both of these two men. Regardless of whether you agree with their approach to investment or politics, there is still much to be learned from them. 
    Patrick Karim, Charts and Gold’s Next Breakout
     
    Both Kissinger and Munger (through Berkshire Hathaway) were two of the biggest supporters of the superpower that is the US; Berkshire Hathaway is run with the ethos, “you don’t bet against America” and Kissinger was arguably one of the architects of the tower that the United States finds itself atop of, today. 
    Both men appear to have bowed out just at the beginning of what is about to be the next shift in the global political and economic order. As Marc Faber said back in November:
    “…we have a world that is becoming divided between the wealthy, developed Western countries under the hegemony of the United States and their allies like Canada and Australia, UK and Europe, and then you have the BRICS countries that are becoming larger and have economically an increasingly large weight in the world and politically more influence,”
     
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