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Stu
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Posts posted by Stu
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I would think you would get more selling them individually given the fractional size and the current spot price of gold. More work for you selling this way obviously.
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16 minutes ago, Roy said:
They were trading on the forum for £160 at one time.
A chap brought a load over from Australia!
Any left?
Asking for @Paul😅
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A royal mint special, otherwise known as kicking the arse out of a previous winner. To be continued no doubt.
- Silverman2U, motorbikez, 9x883 and 3 others
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As said, he should have got a finders fee minimum. Hardly encourages a person to do the ‘right’ thing.
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14 hours ago, pmbug said:
I'm the owner/admin of https://www.pmbug.com/
The member trading section is not terribly active at the moment, but offers do find takers.
Welcome to our forum, there may be some rules about promoting other pm forums @ChrisSilver
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4 hours ago, pmbug said:
Here in the USA, Costco has started selling 20 coin tubes of Silver Eagles via their website (which sell out almost instantly when they become available). Are they selling silver bullion in their stores over in the UK/Europe?
There is 20% added sales tax over here so not so much of a bargain.
They could perhaps sell a chocolate cake for £400 each with a free tube of smarties, I mean Britannias thrown in. (Smarties are similar to M&M’s) -
£500/ sovs?
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41 minutes ago, Zinho said:
Goldbugs have been getting cucked by the inflation narrative for decades.
If you had held the S&P500 since 1925, adjusted for inflation you would have netted zero. You have to get in and out. It's all well and good being the ethical investor, but i'm here to make money to better me and my family.
That’s great if you are one of the very few who are able to time the market. For mere mortals, tracking an index will probably give you the best chance of returns v risk.
https://dqydj.com/sp-500-return-calculator/
Calculator above indicates around a 7% inflation adjusted return starting from the year you chose on the the S&P. Often quoted figure is around 10% which ain’t bad and probably better than precious metals.
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If the price keeps on an upward trajectory for sustained period of time, I do see folks who are in accumulation mode buying smaller bits and pieces but also the premiums on fractional coming down also. Anyone who is selling and seeing a 100% profit, should not be too concerned at wringing every penny out, that’s the way I view it anyways.
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2 minutes ago, Paul said:
Yup, around 85%went on the bay. List price started at premium rip off rates, then slowly dropped fed over 12-18months
Sadly hard to get premium prices here. As I don't know them on eBay I don't feel guilty
did some good bargain deals here in the final few months
Used silver sales to buy gold
That’s a lot of packaging mate, and tell me , did anyone try a scam on the buyers side out of all those sales?
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22 minutes ago, Paul said:
I wish my 4000+oz of silver 'pet rocks' I sold off identified as gold
{ sigh }
boo hoo
{ sigh }
Did you sell those as singles mainly on the bay right enough Paul?
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7 hours ago, HerefordBullyun said:
Not bothered Rachael O ' Reilly rather be on Bullseye so I can win a speedboat not some poxy old clock n dictionary!
Bullseye, Jeez your living in the past mate, 3,2,1 is all the rage now mate!
- HerefordBullyun and 9x883
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1 minute ago, Petra said:
A lot of the industrial issues back then were combination of political ideology by unions and under investment. Coal mining was a totally different issue largely based on the closure of pits. Once nationalisation happened there were pits closing every year way before the big strike. Many miners were re located to the promised lands of South Yorkshire and Nottinghamshire for work. Many didn’t move and there were only so many jobs. Finally, other issues resulted in all closing.
Thatcher Thatcher, mine shift snatcher?
£1630, right Chris😉
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Your 2002 set is a special golden jubilee edition and will have a premium on top. The others will sell a bit more than bullion does if in good nick, if you sell on here. @Pete sold some sets a few years ago and wished he had bought bullion originally (from dealers I believe) , even buying on secondary market.
As mentioned, dealers will slap a bit of a premium on non special year sets when selling on their and some people will still buy them. If you buy a normal release set direct from the royal mint you are putting a high premium straight down the toilet. (Unless gold itself rises by 50% etc)
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7 hours ago, Bigmarc said:
I think it was warren buffet that said gold was a investment of fear.
Saying that I think he bought some mining shares.
He said this too which is fairly amusing:
“[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head”
Gold Monitoring Thread £ GBP only
in Gold
Posted
What was it called again?