STONE

Thank you for the input...

I was considering selling a few of my coins from the collection starting with the The Unicorn of Scotland 2017 UK Silver Proof One-Ounce Coin. I have 2 of them that I got directly from the mint when they came out. The certificate numbers are pretty low at #303 and #315 I believe, not bad for a total mintage of 6000. Anyways, what I will usually do is find some that are currently for sale and adjust my price to fair market value. I have looked high and low and cannot find any of them that are currently for sale, anywhere, even on Ebay UK. At the end of the day something is worth what someone is willing to pay for it so I am looking for some feedback from vetted members here as to what you think its currently worth, especially from you guys that are in the UK as you may have a better idea than a guy like me from the states. Honest feedback from anyone is welcome though. I fully understand I could auction it on Ebay but would still like to set a reserve so I dont lose money from my original purchase price. Thanks in advance!!

Nice bump up today to $18.30

Gold may close over $1600 for the first time in quite a while...

This isn't a thread for politics so lets reel it back in. Read the thread, Vand did a great job on his latest analysis.

Its on the move... silver is at $18.55 and gold is at $1580.00

Platinum and palladium are moving up as well. Nice work Vand..

Hahahaha... Wonger!

Finaly found my unicorn!!!

9 hours ago, sixgun said:

Silver is going to $4 - i know, you know it - @Wonger told us.

I don't think wonger is coming back... I have a feeling the sub $15.00 silver days are long gone... Glad i stocked up at 14.70...

On ‎16‎/‎01‎/‎2019 at 06:43, Kookaburracollector said:

My PAMP bar collection has grown thanks to @augur today and  @StackSellRepeat a few weeks ago, so an up to date photo opportunity arises....enjoy!

Those cast Kilos are my unicorn. Impossible to find in the states. Beautiful bars!!

In a manipulated silver market, they will never let the price go below $13.95. Its simple, they will not force the price below AISC of the mines. They will to continue to buy physical until their greed is satisfied. They may be greedy but they aren't stupid enough to crush the price so low as it forces the mines to close. It would be game over. Once supply begins to dry up and they have the market cornered(which they already do) and supply has been getting chewed up for the last 16 years, they will let it go. The only thing that will end the paper game is a physical shortage in silver and that is coming real soon. Its one of the oldest story's in the book. Suppress the price, buy everything in sight then allow the price to rise. Monopolies have been going on for a long time... JPM and a few other big players stand to make billion's on the play.

Couple of rare beauties.

Agreed. Something big is coming down the pipeline when the big players amass large amounts of gold and silver. I have heard that some other private big players are moving out of stocks and into PM's very quietly ahead of the coming storm. The USD is a joke, its all debt based. I am grateful I can still trade worthless FRN's for real money, gold and silver!

Interesting. I agree a large initial purchase for backing will be necessary. I wonder if China and Russia would be involved? They have been buying physical hand over fist for a while now. Its going to take a few really big players to bring down the current manipulation.

They settle the contracts in cash, then take the profits and buy physical. Wash, rinse and repeat. At roughly 700 million ounces of physical JPM can swing the market in any direction they want to. The paper market is 250 times the actual supply and there is nothing to stop it from increasing since it is totally detached from reality... Its been manipulated so long its hard to know what the REAL price is. But I am sure its much more than the current $16 handle just based on what's mined and above ground supply. We need to get away from the banks. Be your own bank!!

@sixgun  I do appreciate your posts, you seem well informed and are very logical in your thinking. There is one thing I am curious about. It seems like the underlying theme of Kinesis is to break the strangled hold of price discovery on PM's. But since it is highly manipulated I am not sure that will ever be achieved. Futures contracts are almost always settled in cash since those quantity's of gold and silver actually do not exist. Supply and demand is no longer the driving factor for price and has not been for some time. They can produce contracts in multitudes and settle out for cash which in turn they also have an endless supply because all they have to do is turn on the printing presses. When the product is fraud and its paid for in fraud no amount of supply stored by an honest system can break what is not affected by a legitimate supply of gold or silver. The level of dishonesty is mind boggling since it is actually the banks who are running most of the governments. They in turn are the law makers, they will just keep moving the goal post so they are the only ones who profit from their misdeeds.  I think its important for people to understand that when they think of central banks and government they need to realize they are one and the same.

Does anybody know who minted these? All I am seeing is a "German mint"