bluemoon

So this is what it feels like to hold bitcoin.

Ah, you're right. Well it's only Monday and I'm already being dense.

This comment on LinkedIn was interesting. Anyone done this? I assume you would need a way to get Russian rubles? "If you hate buying gold at the top, change your money to Russian Rubles and buy your gold at 20% below the high point. It’s still early." https://www.linkedin.com/feed/update/urn:li:activity:7183112077811552256?updateEntityUrn=urn%3Ali%3Afs_updateV2%3A(urn%3Ali%3Aactivity%3A7183112077811552256%2CFEED_DETAIL%2CEMPTY%2CDEFAULT%2Cfalse)

Never researched this, but I assume tubes are ABS plastic? Does anyone know? It's obviously not PVC. One could just keep them in tubes with maybe a silica gel pack. I opened a tube last week after 5 years since buying it and the top coins had milking, but the dealer had been handling them when he put them in.

It's not just the storage space either, but how you store it also brings up issues. Store it within PVC plastic and the silver will turn black. Keep it expose to air and it will milk. In fact it seems if you even sneeze in the presence of silver while in storage, something will happen to it.

I've seen YouTube sponsors of the "Dirtyman Safe" and the concept is excellent, but it's getting too well known to the point that burglars will know to scan your garden with a metal detector at night while you're asleep. It's also way overpriced.

This should see them off.

Could someone explain why the GBP spot price of silver is dearer in China? I thought the spot price of silver is the spot price of silver.

Gold is doing its best cocoa impression right now.

Come on silver my attention span is short. I need my dopamine hit.

A rational-talking silver stacker, that's what I like 👍. Seems almost novel after spending a couple of hours on YouTube.

Those American YouTubers are nuts! Their target audience are naive enough to part with money for the "advice" on Substack and various newsletter courses. Money they could have spent buying silver. I would wait for a dip on gold for now, unless you can get a good deal on a Sovereign or something.

Perhaps we're speaking at cross purposes. Are you a registered VAT business? Because yeah that sucks. I'm just a nobody stacking silver, so I wouldn't need to collect VAT from someone I flog a tube to. I do feel for the businesses. The government imposing this VAT cause a great deal of trouble through their socialist greed.

What on earth is it doing.

Given that silver has yet to reach its previous highs like gold has, there is decent upside potential when it comes to sell. It depends when people bought. Anyone buying at current premiums should be in a better position than when buying at full premiums.