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Groundup
Reputation Activity
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Groundup reacted to Tn21 in Has the secondary silver market hit the market saturation point.
There has been occasions where standard bullion Brits for example were hitting the £27+ mark here on the forum.
Yes we are flooded with silver and gold for that matter here on tsf but I think come May June time there will be more appetite from buyers.
It's every dog,woman and child for themselves and to set a market rate for ag won't work. The cheapest will always prevail.
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Groundup reacted to arphethean in Monster Box Silver 2022 Brits sealed
I'll speak some home truths
Speaking from experience, selling at a loss is a huge psychological barrier. But hold it for two years and sell at the same price you paid you would not be breaking even, you would be losing 10%+ against inflation. So even though it feels like you've recouped your investment, you haven't really.
To be in the black with silver you'd have to sell around £25-£26. And I'm afraid that is unlikely to transpire soon.
Silver has been a dreadful performing asset for many years due to manipulation.
Think of it like this - you lost the money when you bought it, not when you sell it. Move on and put your money into something that will work harder for you.
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Groundup reacted to sixgun in Has the secondary silver market hit the market saturation point.
A monster box will always be a hard sell on the forum - the obvious thing would be to break it up or fine it just doesn't shift.
i was watching a video this morning where Steve St. Angelo and Bob Coleman were talking about prices, the retail / wholesale markets and COMEX in silver. Bob Coleman runs a US precious metal depository and Steve St Angelo is a commentator.
Their views are very US centric. There was no mention of the Global South and how India is vacuuming up silver at the moment. This isn't happening in their world and somehow or other Bob Coleman thinks the US stacker market is influencing the silver price. St Angelo thought people were selling silver to get into US Treasuries - which is beyond deluded.
The price of silver is rising - there is buying pressure in the 100's and 1000's of tonnes especially from India.
i don't actually think there are that many people here who are on the buy for silver. There is a good deal of gold and silver coming up for sale. i wonder if members are thinking now is a good time to sell and those who trade are getting metal offered to them. i don't really have any idea what it is like in the UK at the moment but i get the impression times are hard for a good few. The temptation is there to sell and so the market balance shifts. What happens on the TSF is a reflection on what is happening with private collectors but no reflection on the world. So if members are growing jaded this doesn't mean the price of silver is about to crash; there will be corrections but price rises are inevitable. It may well be the price is too rich for some people here and they are dropping out.
It would be interesting to have a poll - are you net buying / selling / treading water when it comes to silver.
Personally i keep buying - some here, usually older bars and some silver inside the EU. The GS ratio is still over 85 - and this is cheap to me, so i keep topping up almost as a reflex.
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Groundup reacted to westminstrel in Royal Mint Music Legends George Michael 2024
Poor George Michael was always given a hard time for being caught in the act for that one infamous incident, whereas it’s common knowledge that people do that all the time, every day and everywhere, including married men, and those in law enforcement too.
But it’s easy to turn a blind eye on the nobodies when there’s an easily available scapegoat, especially one who’s gay.
George Michael was a terrific musician and one the UK should be proud to have produced. And he was brave and true to himself, which is more than can be said of a lot of people.
I never got into the Music Legend series but I will get this coin as he’s a hero in my book. ♥️🖤
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Groundup got a reaction from ZEE123 in New member from the midlands
Welcome to TSF.
Regarding eBay, even though I don't sell or buy PM's on eBay I know a few on here do...I have noticed a change with regards to email notifications, now it includes the sellers full Name and address... Something that I think sellers of PMs and privacy lovers should be concerned about.
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Groundup reacted to Roy in Famous last words
It's the varicose veins that stand out, when it stands up 🤥
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Groundup reacted to Chronos in Roy is no longer the biggest loser on the forum!
Yes. He has big ears.
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Groundup got a reaction from Roy in Roy is no longer the biggest loser on the forum!
@Roy I bet your compensated in other areas.😎
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Groundup got a reaction from James32 in Roy is no longer the biggest loser on the forum!
@Roy I bet your compensated in other areas.😎
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Groundup got a reaction from JohnA1 in Metalor x1 / 100g *Silver* Bullion .999 Investment Bar - Mint Condition 🇨🇭 (Certificate included) *£113.50 [Revised Update]
Perspective customer's
One born every minute
Came down in the last shower
Too da mooooon...🚀
Ohh and me before I found.. TSF
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Groundup reacted to Bruce06 in Opinions on the grade of this 1916 half crown please
This one must be counterfeit, most obviously the hair of Edward and britannia.
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Groundup got a reaction from artalien in Opinions on the grade of this 1916 half crown please
50p car boot find. Took a chance, just for the silver content...
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Groundup reacted to Stuntman in Opinions on the grade of this 1916 half crown please
It's absolutely not genuine I'm afraid.
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Groundup got a reaction from Zhorro in Opinions on the grade of this 1916 half crown please
Thankyou for replying.
When I compared it to the genuine article above.. the trident and hair look off.... But good to get confirmation... 👍
It does a good ping test and non magnetic, so can I assume that it's still has silver content...
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Groundup reacted to artalien in Opinions on the grade of this 1916 half crown please
It's a very good grade. I honestly can't tell. I know very very little however. Specific gravity test maybe to be sure it has silver. Are the dimensions correct, weight?
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Groundup got a reaction from artalien in Opinions on the grade of this 1916 half crown please
My thoughts are this isn't genuine.
But I know absolutely zero, any input would be appreciated...
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Groundup reacted to Zhorro in Opinions on the grade of this 1916 half crown please
Agreed - it looks like a cheap copy.
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Groundup got a reaction from K0K0T in Metalor x1 / 100g *Silver* Bullion .999 Investment Bar - Mint Condition 🇨🇭 (Certificate included) *£113.50 [Revised Update]
Perspective customer's
One born every minute
Came down in the last shower
Too da mooooon...🚀
Ohh and me before I found.. TSF
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Groundup reacted to Bigmarc in Best car boot in UK for silver
It's a car boot sale.
Everyone is trying to max out there luck at someone else's expense.
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Groundup reacted to BOOLIAN in Goldbacks - 24k gold notes (currency in the USA)?
Worthless tat. The premiums are so stupidly high that you would never be able to use them. Novelty items, at best.
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Groundup got a reaction from Petra in Metalor x1 / 100g *Silver* Bullion .999 Investment Bar - Mint Condition 🇨🇭 (Certificate included) *£113.50 [Revised Update]
Perspective customer's
One born every minute
Came down in the last shower
Too da mooooon...🚀
Ohh and me before I found.. TSF
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Groundup got a reaction from LiquidMetalsUK in Metalor x1 / 100g *Silver* Bullion .999 Investment Bar - Mint Condition 🇨🇭 (Certificate included) *£113.50 [Revised Update]
Perspective customer's
One born every minute
Came down in the last shower
Too da mooooon...🚀
Ohh and me before I found.. TSF
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Groundup got a reaction from James32 in Metalor x1 / 100g *Silver* Bullion .999 Investment Bar - Mint Condition 🇨🇭 (Certificate included) *£113.50 [Revised Update]
Perspective customer's
One born every minute
Came down in the last shower
Too da mooooon...🚀
Ohh and me before I found.. TSF
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Groundup reacted to Paul in Gold Monitoring Thread £ GBP only
. . . . . . . . to da'Kubrick Film Set !!! 🚀🚀🚀