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Lowlow

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Posts posted by Lowlow

  1. I like the shredder stunt too, the expression on the women who were so in love with the image is priceless.  You can just see it on their faces, staring wistfully at an image on the canvas of a girl reaching out and the balloon floating, as if they themselves feel as if they are reaching out with their hearts, their hopes, and their dreaGRRRR GRRR GRRRRRRRR GRRRRR GRRRR GRRRRR

    NINTCHDBPICT000439685633.jpg?w=960

    In a sea of really BAD postmodern art, this one at least gets to the heart of the matter LOL

  2. 18 minutes ago, Frenchie said:

    Yes, this is a beautiful serie but I don't keep all these coins forever with some exceptions I consider as Art , symbolic or historicaly interesting. I still consider myself as an investor and "work" my stack in order to lower my average price/oz. From my experience, as far as I buy at the right price, I can make money on my collector coins by flipping them and win "free" weight. During these last years, all my profits were made with these collector coins. And If I had to sell my ASE, britannia or some junk silver bought since the last 2 years (and I imagine for those who bought silver in 2011)....it would be at a loss. When PM are heading lower, it is better to buy some high premium collector coins, as far as you make good and wise choices of course. This is a bet of course, and we have to be really careful, but with a study, knowledge and experience I think that it can be profitable, and more interesting that just stacking for stacking.

    Now, times could change and in the verge of a breakout on the upside for PMs (according to me), It will then be better to choose wisely, the closest to spot   

    I don't actively trade PM, I'm more for options, but I can see the appeal.  What is wholesale on something like that ?  The only prices on the Internet are via coin shops and there's probably a markup even over catalog retail, I'm wondering what the mint charges for them.

     

    Edit, I removed part of the question because it was a bit personal about sources for these things, not really a good forum type question to ask.

  3. On 4/21/2018 at 14:27, Frenchie said:

    In another register ... at a "slightly" higher price per ounce

    Mint of Poland Gods serie (first was Ares) 2oz Antique high relief. Mintage 500 ex

    [snip]

    Now I have to buy some Britannias in order to lower my average stack price/oz :D

    [snip]

    I've said numerous times here, I'm a stacker with ZERO interest in coin collection, I mean like Z-E-R-O.

    .. and even I went to see how much these things cost ... wow ... super pretty.

    Respect.

    Edit, what do you even call that, a round, a medallion ?

    2017-MP-Gods-01-Ares-WMF03.jpg&sp=7a2963

  4. 18 minutes ago, Stu said:

    Yes Ive heard about this and listened to Max Keiser talk about it a few times. I find it really strange that Americans of all people tolerate this.

    Most of it is our internal politics.  Rising stars in our leftist politics are Bernie Sanders and Elizabeth Warren, and both of them, along with the Progressives that they represent, and the last President Obama, they all see any foreign financial activity as dodging responsibilities, trying to get away with something, etc, and not legitimate efforts to expand business.  By their way of thinking any attempts to hire foreign people to do work is "offshoring jobs", etc.  It's really frustrating.  I don't even know how we got here, but there is basically ZERO conversation in the United States about growing business overseas, about how that can be good for the country, etc.  I even know conservatives who believe the exact same thing, that people who do business overseas are doing it simply to try to get away with something.

    Edit, it was eye opening to me to talk to French expats living outside of France about how they were viewed, I was envious.  Their countrymen basically see them as entrepreneurs, bold people going out into the world to establish business for the benefit of France and French people everywhere.  To them it is like expanding French power overseas, building business, bringing French culture to the world, gathering resources to expand France's economy, etc.  That is 180 degrees opposite of how people in the U.S. see things.

  5. The U.S. is harder on its citizens regarding "offshoring".  I've always hated that word because it assumes a lot - it assumes a purpose, even a perspective, when in reality it's just a human being and their money who just happen to exist in physical places and get rewarded or penalized by the governments who presume to control those places.

    The U.S. has been setting up what is essentially an overseas compliance system to insure that its own citizens are penalized more harshly than any people on the earth for having "unreported" money and transactions overseas.

    People in Europe are fortunate to have a history of doing business overseas and having loads of ex-pats out in the world doing business daily, your own people who live "overseas" would raise such a ruckus that your governments couldn't stop your own citizens from engaging in foreign trade, nor would they want to.

    The U.S. is very different in this regard - it seems to see its own citizens efforts to build business overseas as "offshoring of jobs" only, without any regard for expanding U.S. power around the world through business, and regards most of its citizens efforts to establish bank accounts, transact business, etc, only as a way of avoiding their domestic tax responsibilities.

    The U.S. would be doing much better if it stopped being such isolationists and started encouraging its own citizens, its own business people to build businesses "overseas".

  6. Received 500 mercury dimes, as beautiful as they are smelly!  :D

    (did you know that metal doesn't actually have a "smell" ?  apparently that "old coin smell" is our own sweat reacting instantly with the metal to produce the smell, we're actually smelling the result of a chemical reaction between our sweat and metals in the coins.  999 silver and gold doesn't produce this reaction, but 90% old silver does)

  7. 22 hours ago, Mildred said:

    Curious about Steve, Dave, Lowlow and fellow silverforumers' opinion about it

    I think you pays your money and you takes your chances. :D

    I think it's important to see that a lot of things are going on here including but not limited to, (1) a block-chain currency, (2) certificates of deposit for a commodity (i.e. representative money for gold and silver deposits at what amounts to a bullion bank and the inherent counter-party risk associated with that), (3) social media promotion of a private businesses services, (4) speculation as an investor in financing a private businesses project and the associated risk/reward, (5) the realistic potential for a collapse of established systems (i.e. the dollar, U.S. debt, gold and silver commodity markets, etc), (6) the potential end of the petro-dollar (i.e. competition with the petro-yuan, for example) and efforts to decouple world markets from the risks associated with U.S. deficits and debt, (7) our position in the business cycle, the frequency and potential for a bear in various markets, and the potential for near term deflation, (8) bubbles and the madness of crowds, youth's attraction to shiny new things, the advantages of being "first" vs being well positioned, etc, and (?????, various other x factors that cannot yet be perceived) ...

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