MancunianStacker

2 x 2oz Silver James (I mean Henry) II (I mean VII) 😂 Monarch Series oof!
Looks so much better in real life.
 

Am sure everyone would agree, it’s about time this thread was renamed @daca ‘s new coins coming soon 😂 
fair play mate ! 

This could prove to be a factor in PMs in the coming weeks. If Switzerland is proposing bail-outs to it's TBTF banks, then they know that these banks are in a massive liquidity crisis. That is evident for anyone that monitors the overnight repo market in the US, that the Fed has stumped up nother of $1.5 trillion nightly for the last year or thereabouts.

https://www.reuters.com/business/finance/swiss-govt-proposes-public-liquidity-backstop-big-banks-2022-03-11/

But will this cause contagion in the markets, will it rattle others?
Will there be a flight to safety?

As a top tip for people living in the UK. Ensure that if you are fortunate enough to have more that £85,000 in savings in the bank it is not in one account. 
The below exceprt (apologies for the length), is from something I wrote for my missues friend that wanted to invest in PMs. I've removed the investment part as we should all know about that on here. But the bank bail-ins, people need to be aware of! This came in off the back of the 08/09 debacle.
 
https://www.bankofengland.co.uk/paper/2021/executing-bail-in-an-operational-guide-from-the-boe - Check out the PDF on this page "Executing bail-in: An operational guide from the Bank of England" - This details basically how the banks can enact this scenario. However there is no mention of a limit or amount at which the bail-ins get taken. Eg: £85000 and above   https://www.bankofengland.co.uk/freedom-of-information/2021/questions-about-bail-in-and-customer-deposits - Whilst they state that protected deposits are protected (FSCS Protection £85,000 per account per banking license**) and you wouldn't lose any money, you might not be able to access it for a period whilst the bank stabilises itself. As you could imagine, if a bank did perform a bail in, a lot of customers would want to move banks. This could trigger a further requirement for funds. - I wouldn't take the above to mean that upto £85,000 or £170,000 on the joint bank accounts would be safe, we know how the Central Bank and Government like to change the rules to suit   ** - FCSC determines that an individual can have upto £85,000 or £170,000 jointly protected by a banking license.    - https://www.fscs.org.uk/making-a-claim/customer-info/banking-licences/    - As of March 2020 (PDF below ~52 banking licences that cover over 350 Managed Financial Institutions)    - https://www.bankofengland.co.uk/-/media/boe/files/prudential-regulation/authorisations/which-firms-does-the-pra-regulate/2020/fscs-banking-brands-march-2020.pdf   https://www.gov.uk/government/consultations/bail-in-powers-implementation-including-draft-secondary-legislation/bail-in-powers-implementation - The Bank of England links above are backed up by the UK Gov website - This does however state the following: The BRRD also includes provisions regarding the ranking of deposits in the insolvency hierarchy in what is currently Article 98A (subject to renumbering). It requires Member States to ensure that:   eligible deposits – that is, deposits of any amount that qualify for protection under the Deposit Guarantee Scheme (in the UK, the Financial Services Compensation Scheme) – from natural persons and SMEs, have a higher priority ranking in insolvency than the claims of ordinary unsecured creditors covered deposits – that is, deposits that qualify for protection under the Deposit Guarantee Scheme, up to the coverage limit (in the UK, £85,000) shall have a higher priority ranking in insolvency than the part of eligible deposits from natural persons and SMEs that exceed the coverage limit   As outlined above, the government is seeking views in the consultation on the transposition of certain aspects of the BRRD. The government will consult on transposition of the remainder of the BRRD in due course.      

No, have a seat, take your time.
https://www.thesilverforum.com/topic/58166-time-to-drag-the-royal-mints-business-model-in-to-this-century/#comment-606675
 

They are a legit site and were worth buying from while we were still under the EU margin scheme on VAT and only paying 6%, best to do a dummy order factoring in the increased postage and the VAT and checking how the price compares to the same order from UK sellers like Atkinsons as I suspect unless it's a very big order there won't be much of a difference now.

Yep, legit company and website - I bought my first silver from them back in 2015!
You would get stung for 20% VAT Plus courier charges when you imported to the UK though - be warned!

Just received my Mox bar today too!

1/10 Panda from Morezone,
100g silver bars From Mom.Metals
Thank you to you both 

Unless he photoshopped a load of Brits with his name and the date on top of it 😂 

Maybe you should call them and tell them to keep the coin because it's damaged.  Then ask for a replacement and tell them to keep that, too, because it's also damaged.  Then just ask for a refund.

I'm still waiting to return my damaged item, that hasn't been dispatched yet  

I am still waiting for my 5 oz. silver Royal Jubilee.  That went on sale back when I entered puberty.

I think this is the Bullion one mate 

I am sure the coins will arrive eventually. I am just REALLY struggling to understand how it will have taken 4-5 months. I could have built a house in the same amount of time it is taking The Royal Mint to do something they have been doing professionallyfor a 1,000 years ! Has their Head of Operations or Senior Management no shame nor possess even a modicum of professional pride ?
 
The answer is a resounding, “No.” They are stealing a living by being paid a handsome salary for such laziness.
 
 
 

Got the low mintage 1/4iz platinum (again). Usually a good bet. 

McDonald's closed all their Russian branches.
Putin is done.
 
£1565!

Got the low mintage 1/4iz platinum (again). Usually a good bet. 

The designer is clearly talented. Here is a snap shot from the website. They need to bin the selection committee 

Got to be time for this again

Over £1500 now 

So… any takers? 👀 
https://www.ebay.co.uk/itm/325069751760

Stop! I'm on the ceiling. 

I once knew a man with a wooden leg named Smith .......

I got it. Must be an age thing 😂