dicker

I was asked for I.d. when I bought my kilo silver bar from a European dealer online a few years ago and they said the order wouldn't go through without it. I said that this is the only thing I'd be ordering from them and they can forget the sale if they want. It went through without any id being handed over. Never used them again but I didn't intend to after that. 

Just the wife 😂! But she ain’t MS!

Hi @KookaburracollectorIndeed!
They are very nice coins with an interesting history.  I have asked a friend who lives in South America to have a look at / for records on these coins.  He is a busy chap but will eventually come back with some info which I will share if you are interested?  I don’t have the language skills and access to sources sadly.
Best
Dicker

You won't get any sensible answer out of him unless it acts to back up his position. If you point out anything that logically contradicts that position, he just ignores it.
He's simply a troll and he's repeatedly conspicuous by his absence unless gold is falling.

Peru Una Libra (1898-1969) A bit more about them...
Graded ones obtained so far:- (Picture from Today I Received)

The libra, also known as the libra peruana de oro ("Peruvian gold pound"), was a unit of currency issued in Peru between 1898 and 1931. It was equivalent to 10 soles and was issued in the form of gold coins and banknotes, which circulated alongside coins denominated in centavos and soles. 
Other smaller denominations have also been produced:-
1/5 libra: 15 mm diameter, 0.0471 troy ounces of gold
1/2 libra: 19 mm diameter, 0.118 ounces gold
1 libra: 22 mm diameter, 0.235 ounces gold
The first libra coins were minted in 1898, to the same standard as the British sovereign (113 grains of pure gold). In 1901, Peru adopted a gold standard based on the libra worth 10 soles. The gold standard was maintained until 1932 (see Peruvian sol for more details). Coins were issued until 1930, banknotes until 1933. No Libras were minted between 1930 and 1959.
Obverse: On the obverse in the center there is the national emblem of Peru, supported on each side by two different branches: palm and laurel. The sun shines over the heraldic shield. The inscription “REPUBLICA PERUANA-LIMA” extends almost along the entire length of the rim, leaving room for the year of issue (the date is indicated along the lowest rim).
Reverse: The reverse side of 1 libra is decorated with a bust of an Indian (Inca warrior - Manco Capac), turned to the right, crowned with his mascaypacha 🤔? The reverse inscription is “VERDAD I-JUSTICIA”. The letters are bent around the top half of the rim. At the bottom edge under the image there is the denomination of the coin “UNA LIBRA”.

when asked by @dicker to expand on your thesis for this thread, you gave the above answer

perhaps you would therefore care to offer us your opinion on the latest COT positioning😀(I ask in a most respectful manner of course)

 
Amazing gold COT figures. Managed money (i.e. hedge funds) cut their longs by 21,362 contracts and increased shorts by 1,771 contracts. Net longs now 117,136. Position neutral, yet price at all time highs.
Swap shorts down 12,439 contracts but still carrying 70% of non-spec shorts. Net shorts still very high. But with hedge funds out, there is little liquidity to close.

August 1 -Alasdair Macleod

People get a + on feedback when a laughing and confused feedback is left - members are in effect mocking the poster. Look at his feedback - most of those leaving feedback are laughing at him.
https://www.thesilverforum.com/profile/5155-wonger/reputation/

opps😀on day one alone 101.8 tons,
really should have analysed your graph more closely Wonger

 
Bloomberg) -- Traders on the main gold futures exchange in New York have issued the largest daily delivery notice on record.
In the latest sign of how the market’s norms have been upended by the price disconnect that struck in March, traders on Thursday declared their intent to deliver 3.27 million ounces of gold against the August Comex contract, the largest daily notice in bourse data going back to 1994.
While millions of ounces of gold trade on the futures market every day, typically only a tiny fraction of that goes to delivery. But in recent months, huge amounts of bullion have flowed into New York and the Comex has seen record deliveries.
 

Do you own research and due-diligence that forms a long term investing plan and strategy and stick with it. The Silver Forum place to have a banter, make some friends, do some trades and talk about our strategies and plans for preserving our purchasing power in a dignified and respectful manner with others.
@Hennypenny I would not reflect on the past and be upset the game is far from being over. For individuals that look at the past and kick themselves for "missing out" will continue to miss out in the future. I was worried about Corona Virus switch my entire portfolio from stocks into bonds on 14th January later on in March I had avoided the biggest falls in stock in shortest time frame the markets had ever seen and my technicals shouting at me that I should switch back but I listened and was influenced by all the doom and gloom on YouTube. I have missed out on 40% gains in equity markets and I am still in Bonds now (ICiCI Life money market funds pays 6.5% still not bad).
We all need to stop looking back at the rear mirror and pay attention to what is happening in the here and now.

This!!  Literally no-one else agreed with Wonger (until the recent sock puppet account) and those openly disagreeing have combined reputation points in the thousands.  But for some reason @Hennypenny decided to listen to the one lone, heavily disagreed with opinion?!

Don't confuse feedback with reputation points.
@Wonger has zero feedback, no transactions reported.
He has 181 reputation points which means likes (and laughs).
😊

You have lost nothing in reality because you didn't buy anything. Imagine if you had joined wonga and taken out a gold short at $1200; your ignorance and naivety saved you more than it hurt you 👍
As for trusting members in trades, its only a matter of time before someone is scammed on here, however I have not heard of any trouble yet buying or selling. Trading requires trust on both sides, taking someones opinion and using it as advice is another thing all together.

Just wondering why you trusted the 1 person over the handful that disagreed with him

everyone has a right to their opinion. everyone else has a right of opinion to
laugh at your opinion.
to be taken seriously, stop making predictions that are a complete joke.
 
HH

"You want a better inflation hedge? Try stocks, whose earnings typically rise as inflation heats up."

He pretty much sums up his agenda about all this at the end. "forget gold (a proven inflation hedge for thousands of years) & buy into a grossly inflated, highly speculative system that is most probbaly destined to crash. You only have to look at the graphs to see that it does not make sense. I get his point, yes it will go back down again, but so will any market, especially property & stocks.

Thats the whole point, you ride them or just sit tight. He is very correct about buying when the price rises, but I think it still has a long way to go before it crashes back or resets at £1,200 or there abouts. Its like buying a Tesla stock now, it will probably go up a bit more, but it will crash heavily. sooner or later the market will rise, tesla should be a good forward facing company and you will at the venue least get you money back if not make some great profits, when Elon controls the human race LOL. 

These papers certainly have an agenda & are controlled by the financial elites. I cant see so many people being so clueless when it comes to commodities & precious metals. I cant find a single Youtube video that is not banging on about how mining is cool again after all these years. A very different story to when I started looking into this. 
 
I do agree and I think he is a bit fed up with some of the comments. We are never right or wrong especially in situations like this as it just cant be projected. We can however have a debate on it though and use the facts that we subjectively construct. Some of the predictions seem to be very speculative, hence the wind up comments, but I feel rather than mocking its more of a jibe. I bet if he turns out to be correct then we will all congratulate him.

I suspect there is also quite a push back on the fact that none of us want him to be right in the short term. Well I do actually as i dont have much gold as the price is too high, but many members have lots & are waiting for proper rally to sell and recoup very long standing (and patient) investments. 
Exactly. I do a lot of research with regards to this in order to get up to speed and try to pull as much information and then make an innformed decision based on all of it. An example of this was deciding not to touch the stock market & just sit and wait. Its flipping tempting with the 212 app, but asides from play shares to get used to it, im holding tight despite all the tpositive (I 4x my money) things i have read on it in the last 2 weeks. Annoyed Idid not get into gold ETF's in June as that would be a nice short term investment.   

The nutcases on the silver forum 😂 is that all of us? Gotta be a bit nuts to treasure tiny shiny objects 😃

I'm actually angry with Wonger for stopping me making some gold purchase when the price was only £1200 per oz. I truly believed in his prediction, as he seemed to have several + on his feedback.

For real?  Let’s be generous and say he started learning from his bedroom at 16, that would make him 38!!  No chance - the way he comes across he sounds like he is about 22 now so did his career start in the maternity ward 🤣

I agree we can have differing views, but there are ways of expressing those views...
I think he enjoys provoking comments – and so this is what you end up with.
He claims to be a futures trader with 22 years experience, and he was giving us a Masterclass on his gold trades that ended in June.  I was genuinely interested in this, but then, I don’t think I have seen a mention of the outcome!
When he started this thread on 24th March 2020 about the coming gold crash, gold was gathering strength and its price was about $1,629.  It is now roughly $1,954, and so anyone who sold gold at that time would be down $325 per oz.
And do not forget his “Silver price is about to plummet” thread which was started on 25th February 2019 when silver was about $15.95 an oz.  Silver is now about $23.29 an oz!
So, for someone whose job it is to deal with futures contracts, surely you have to be right more than once an economic cycle!

then have an opinion backed by facts, rather than a graph that tries to mislead the uninitiated
(since he never examines the other side of the trade)

by all means have an opposing view, but do not quote ridiculous extremes e.g. $385 or dollar index at 140 
in order to provoke replies

I wasn't mocking his opinion, he raises some interesting points and I hope he is right. Rather I was jokingly pointing out that he only pops in after a small dip to stir the pot, before disappearing again! 
 

Where is Wonger? 
Gold has gone down like £15! I thought he'd be on this thread like a tramp on chips 🍟

No Sir, no sight of Wonger since the last big flood of fiat money into the gold market!

I hope they haven't cut off his internet since his latest losses.

Gold is back upto $1960 which is great, no surrender like silver has done today, still see $2000 by weeks end.