Kookaburracollector

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!

Thank you to JunkBond and Bullionbilly....why??
I’m not too old to take advice and act upon it...and a big thank you to StackSellRepeat as well.
 
 
 
A rare bar indeed..

Couple lovely kooks from @Lucylucy top bloke.

Buffalo is such a beautiful coin 😊😍

This is the 1992-1993 silver proof commemorating the UK’s presidency of the EU. Great design. Have been trying to pick up the EU/EEC 50p commemoratives and can then complete the collection with the upcoming Brexit coin.  

Filled a hole in my ATB collection and a couple of single specimens from series I like.  2013-P Fort McHenry 5 oz silver ATB, and 2019 Perth Emu and Dragon & Dragon.

Harrington & Byrne doing well out of me or are they! Thats another 3.

I know we got excited back in 2017 for the first silver proof Krugerrand ...but the quality issues became an issue and less hype followed  in 2018 & 2019 with the subsequent releases. So this years first 2 ounce silver proof is the first SA Mint release that has caught my interest. I must say - I love it !! And before you ask ...mine arrived safely still in its capsule in the presentation box! That presentation box is still cheap looking ...but after all you buy these for the coin, not the box or paperwork 😉. 
 

Super fast delivery from the royal mint! 
2020 £5 silver proof King George III
 

A couple of additions to the (slowly) growing collection
Welcome stranger and 2017 Kook privy courtesy of @arshimo2012
2001 Sovereign from @goluckystayhappy
 

Happy days. Finally replaced my 2002 half. Great coin thanks @terakris now just gotta find it's big brother 😁

Two Peruvian Una Libras for under £600!😃👍

Two Peruvian Una Libras for under £600!😃👍

A couple more coins (Perú Una Libras) to add to the collection. I hadn’t intended getting ‘spares’, but at spot +6% how could I refuse. Both look to be MS, and will be heading over the pond for grading some time later this year.
Bought from an emporium in Oxfordshire...


 

Two Peruvian Una Libras for under £600!😃👍

Two Peruvian Una Libras for under £600!😃👍

Two Peruvian Una Libras for under £600!😃👍

A couple more coins (Perú Una Libras) to add to the collection. I hadn’t intended getting ‘spares’, but at spot +6% how could I refuse. Both look to be MS, and will be heading over the pond for grading some time later this year.
Bought from an emporium in Oxfordshire...


 

Two Peruvian Una Libras for under £600!😃👍

Two Peruvian Una Libras for under £600!😃👍

Couple of bars from ChrisG
 

Two Peruvian Una Libras for under £600!😃👍

The US has positive interest rates and bonds with positive rates. They aren't positive in real terms - inflation is really 10% but the controlled media, government and the banks pretend otherwise.
There are many negative yielding bonds and accounts - this makes the USD more attractive. 
There is also a massive amount of USD denominated debt in the world. Huge amounts created outside the US banking system, in the Eurodollar system. As the Fed increased interest rates this increased the payments on this massive amount of debt which in turn increased demand for the USD. On one hand a large proportion of the world is de-dollarising but the attachment of many countries to the dollar is not the flick of a switch b/c there are still these USD denominated loan repayments. So as the world drifts away from the trade dollar, the Eurodollar debt repayments pull it back. If on balance there is a positive demand for the dollar the price of the dollar rises. 
Trump may make noises about the strength of the USD but does he know what he is talking about or is he just making noises? A high dollar means there is demand for the dollar. The US consumer funny money economy relies on demand for the dollar. The US creates paper out of thin air and exchanges it for real goods. A weak dollar would mean more dollars were needed buy the goods, would mean even high interest rates needed to prop up the dollar and ultimately a weak dollar means the world isn't taking dollars - the US living is creating USD or else the USD system crashes. The US has invaded countries and killed the leaders for not selling their oil in dollars. 

The demand for US Treasuries is very low - foreigners don't want them. This in part is what is causing the Repo crisis. US banks are having to buy up what would be failed Treasury auctions which is drawing down dollar liquidity so there is a greater need for liquidity by the banks and at the same time less interbank liquidity, so the Repo rate goes up reflecting its scarcity. The Fed has to step in to hose in the dollar liquidity to keep the ship afloat. 

Two Peruvian Una Libras for under £600!😃👍