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Abyss

Silver Premium Member
  • Posts

    1,536
  • Joined

  • Last visited

  • Days Won

    19
  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Super Like
    Abyss reacted to Fenlander1 in Items added Gold 1/4oz TB's & Special Reverse Sovereign's   
    Had a look through the treasure chest and I appear to have to many animals in my collection, so here they are all in good condition and wrapped up in air tite capsules.
    Pairs priced at £870 a pair inc SD
    Singles priced
    Lions £440 plus post 
    Goats £430 plus post
    ONLY 2 PAIRS LEFT




    ********************************
    New Addition A set of 6 Special Reverse Soveriegn's
    2002
    2005
    2012
    2017
    2022 j QE11
    2022 m KC111
    All great condition in airtites.
    All sigma tested
    Sold as set only
    Price £2400 Inc sd
    Bank transfer only.


    Posted by Friday
    Fill yer boots.
     
  2. Like
    Abyss reacted to ReeceO in Today I Received.....   
    Few bits off the forum and a few bits from Facebook. Went over board but what our lass doesn't know won't hurt me eh 😆


  3. Like
    Abyss reacted to Olliecobs in Today I Received.....   
    Thanks to @arphethean for the lovely pandas 

  4. Super Like
    Abyss reacted to Agaupl in It’s here : Gold; a journey with Idris Elba   
    Why has it got idris Elba in it? No idea. Is it any good and what does it say? No idea.
    Just starting to watch it, came out yesterday and it’s been teased for a while and it’s from the World gold council .
     
  5. Super Like
    Abyss reacted to GoldDiggerDave in Today I Received.....   
    A stunning TSF designed and branded 1g silver bar from @BackyardBullion big thanks to @ChrisSilverfor all the hard work for keeping this forum running and putting up with some of our antics!  
     
     







  6. Super Like
    Abyss reacted to Silverlocks in Today I Received.....   
    2023 Perth Mint Legends Dragon & Koi


    2022 Perth Mint Legends Phoenix


    Bonus 2021 Perth Mint Legends Dragon


     
     
  7. Like
    Abyss reacted to JamesH in Today I Received.....   
    Some nice looking YV shield sovereigns to add to the collection 


  8. Super Like
    Abyss got a reaction from Gruff in Worth buying £10,000 of gold in GBP whilst the USD is strong against it?   
    I have never been able to time the right time to pull the trigger to purchase Gold. When I started to accumulate in 2016 I thought I had about 10 years where the gold price would be stuck below $1400 level and I had plenty of time to accumulate in hindsight I was just lucky. Look at the monthly chart of Gold on trading view (free for anyone to do so)
    https://www.tradingview.com/chart/?symbol=COMEX%3AGC1!
    see triple top $2080 level. In my humble opinion the price Gold will slowly decline working its way towards $1700. I have a strong conviction the price leg created from $1625 to $ 2080 (monthly chart) will hold I would be looking to re-accumulate (confirmation obtained weekly chart) Gold between the price $1650 and $1700. As for the exchange rate £/$ sorry it is to hard to time both markets and pull the trigger for the purchase of Gold I have only looked at the price of Gold in $ and have purchased it based on that price.
    But once you buy don't have any regrets and make sure your 10k is something that you can keep in Gold and not have to sell if something unexpected happened in life.
  9. Like
    Abyss got a reaction from Gordon in Worth buying £10,000 of gold in GBP whilst the USD is strong against it?   
    I have never been able to time the right time to pull the trigger to purchase Gold. When I started to accumulate in 2016 I thought I had about 10 years where the gold price would be stuck below $1400 level and I had plenty of time to accumulate in hindsight I was just lucky. Look at the monthly chart of Gold on trading view (free for anyone to do so)
    https://www.tradingview.com/chart/?symbol=COMEX%3AGC1!
    see triple top $2080 level. In my humble opinion the price Gold will slowly decline working its way towards $1700. I have a strong conviction the price leg created from $1625 to $ 2080 (monthly chart) will hold I would be looking to re-accumulate (confirmation obtained weekly chart) Gold between the price $1650 and $1700. As for the exchange rate £/$ sorry it is to hard to time both markets and pull the trigger for the purchase of Gold I have only looked at the price of Gold in $ and have purchased it based on that price.
    But once you buy don't have any regrets and make sure your 10k is something that you can keep in Gold and not have to sell if something unexpected happened in life.
  10. Super LOVE
    Abyss got a reaction from Gruff in Worth buying £10,000 of gold in GBP whilst the USD is strong against it?   
    Lets run through some hypothetical scenarios see how it impacts the number of oz of Gold you can accumulate having £10k (no premiums buying at spot)
    1. Current situation £/$ 1.22 Gold $1848 = 6.60 oz
    2. GBP stronger £/$ $1.50 Gold price same $1848 = 8.11 oz
    3. GBP stonger £/$ 1.50 Gold Price weaker $1600 = 9.37 oz
    4.Weaker GBP £/$ 1 Stronger Gold price $2000 = 5.00 oz
    Anyone can run through additional scenarios but as you can see the most beneficial scenario for UK citizien holding GBP and buying Gold when $ price of Gold is falling and the exchange rate £ is getting stronger vs $. I have some ideas about the price of Gold in the short, medium and long term as well as the exchange rate £ vs $ but these just my opinions nobody can predict the future price of Gold or Exchange rates unless their name is Wonger.
  11. Haha
    Abyss got a reaction from Roy in Worth buying £10,000 of gold in GBP whilst the USD is strong against it?   
    Lets run through some hypothetical scenarios see how it impacts the number of oz of Gold you can accumulate having £10k (no premiums buying at spot)
    1. Current situation £/$ 1.22 Gold $1848 = 6.60 oz
    2. GBP stronger £/$ $1.50 Gold price same $1848 = 8.11 oz
    3. GBP stonger £/$ 1.50 Gold Price weaker $1600 = 9.37 oz
    4.Weaker GBP £/$ 1 Stronger Gold price $2000 = 5.00 oz
    Anyone can run through additional scenarios but as you can see the most beneficial scenario for UK citizien holding GBP and buying Gold when $ price of Gold is falling and the exchange rate £ is getting stronger vs $. I have some ideas about the price of Gold in the short, medium and long term as well as the exchange rate £ vs $ but these just my opinions nobody can predict the future price of Gold or Exchange rates unless their name is Wonger.
  12. Like
    Abyss got a reaction from Skyhawk747 in Worth buying £10,000 of gold in GBP whilst the USD is strong against it?   
    Lets run through some hypothetical scenarios see how it impacts the number of oz of Gold you can accumulate having £10k (no premiums buying at spot)
    1. Current situation £/$ 1.22 Gold $1848 = 6.60 oz
    2. GBP stronger £/$ $1.50 Gold price same $1848 = 8.11 oz
    3. GBP stonger £/$ 1.50 Gold Price weaker $1600 = 9.37 oz
    4.Weaker GBP £/$ 1 Stronger Gold price $2000 = 5.00 oz
    Anyone can run through additional scenarios but as you can see the most beneficial scenario for UK citizien holding GBP and buying Gold when $ price of Gold is falling and the exchange rate £ is getting stronger vs $. I have some ideas about the price of Gold in the short, medium and long term as well as the exchange rate £ vs $ but these just my opinions nobody can predict the future price of Gold or Exchange rates unless their name is Wonger.
  13. Super Like
    Abyss got a reaction from Booky586 in Worth buying £10,000 of gold in GBP whilst the USD is strong against it?   
    Lets run through some hypothetical scenarios see how it impacts the number of oz of Gold you can accumulate having £10k (no premiums buying at spot)
    1. Current situation £/$ 1.22 Gold $1848 = 6.60 oz
    2. GBP stronger £/$ $1.50 Gold price same $1848 = 8.11 oz
    3. GBP stonger £/$ 1.50 Gold Price weaker $1600 = 9.37 oz
    4.Weaker GBP £/$ 1 Stronger Gold price $2000 = 5.00 oz
    Anyone can run through additional scenarios but as you can see the most beneficial scenario for UK citizien holding GBP and buying Gold when $ price of Gold is falling and the exchange rate £ is getting stronger vs $. I have some ideas about the price of Gold in the short, medium and long term as well as the exchange rate £ vs $ but these just my opinions nobody can predict the future price of Gold or Exchange rates unless their name is Wonger.
  14. Like
    Abyss got a reaction from Chrisplym in Gold 3% Premium over Spot at bullion Dealers in UK   
    FYI.. I did ask Chards several years ago why the premiums had increased so much and they replied
    "In the last 18 months we've seen that the high demand for precious metals has not been met with supply, which has led to higher premiums for in-demand coins, like sovereigns and Britannias.
    It's tough to say when and if we will be "back to normal" so we can't give a firm yes or no on that, unfortunately. We always aim to give customers the most competitive premiums out there, but fundamentally, it depends on the market."
     
    Looks like the market conditions have returned to normal.
  15. Super Like
    Abyss got a reaction from Aldebaran in Gold 3% Premium over Spot at bullion Dealers in UK   
    FYI.. I did ask Chards several years ago why the premiums had increased so much and they replied
    "In the last 18 months we've seen that the high demand for precious metals has not been met with supply, which has led to higher premiums for in-demand coins, like sovereigns and Britannias.
    It's tough to say when and if we will be "back to normal" so we can't give a firm yes or no on that, unfortunately. We always aim to give customers the most competitive premiums out there, but fundamentally, it depends on the market."
     
    Looks like the market conditions have returned to normal.
  16. Haha
    Abyss reacted to FriedrichVonHayek in Gold 3% Premium over Spot at bullion Dealers in UK   
    Chards have Krugs at 0.75% over spot plus postage.
    If only they would do free postage😩.
  17. Super Like
    Abyss got a reaction from Aldebaran in Gold 3% Premium over Spot at bullion Dealers in UK   
    It has finally happened, many years ago (before the War and Covid) you could pick up a standard generic 1 oz Gold Bullion Britannia from a number of reputable bullion dealers for 3% over spot plus postage. After many years of premiums creeping up they have been slowing coming back down and now we are finally back where we were prior to the world going crazy....
    For reference I have spotted on Chards website 2024 Gold Britannia 1 oz Bullion Coin 3% over spot £1,560.93 plus deliver £7.00
    https://www.chards.co.uk/2024-gold-britannia-1-oz-bullion-coin/19123
    Atkinsons Bullion £7 higher, Tavex £1 higher, ATS £5 higher, Hatton Garden Metals £24 more expensive all of these dealers I have used in the past.
    Premiums going down is a very good thing but when I started stacking Gold the exchange rate for the £/$ was at 1.50 and the price of Gold in USD $1200 effectively made Gold in the UK £800 an oz.........
    Is it me or do other Gold stackers recall the good old days? (2014-2018)........
  18. Like
    Abyss got a reaction from scotwasp in Gold 3% Premium over Spot at bullion Dealers in UK   
    It has finally happened, many years ago (before the War and Covid) you could pick up a standard generic 1 oz Gold Bullion Britannia from a number of reputable bullion dealers for 3% over spot plus postage. After many years of premiums creeping up they have been slowing coming back down and now we are finally back where we were prior to the world going crazy....
    For reference I have spotted on Chards website 2024 Gold Britannia 1 oz Bullion Coin 3% over spot £1,560.93 plus deliver £7.00
    https://www.chards.co.uk/2024-gold-britannia-1-oz-bullion-coin/19123
    Atkinsons Bullion £7 higher, Tavex £1 higher, ATS £5 higher, Hatton Garden Metals £24 more expensive all of these dealers I have used in the past.
    Premiums going down is a very good thing but when I started stacking Gold the exchange rate for the £/$ was at 1.50 and the price of Gold in USD $1200 effectively made Gold in the UK £800 an oz.........
    Is it me or do other Gold stackers recall the good old days? (2014-2018)........
  19. Like
    Abyss got a reaction from dicker in Gold 3% Premium over Spot at bullion Dealers in UK   
    FYI.. I did ask Chards several years ago why the premiums had increased so much and they replied
    "In the last 18 months we've seen that the high demand for precious metals has not been met with supply, which has led to higher premiums for in-demand coins, like sovereigns and Britannias.
    It's tough to say when and if we will be "back to normal" so we can't give a firm yes or no on that, unfortunately. We always aim to give customers the most competitive premiums out there, but fundamentally, it depends on the market."
     
    Looks like the market conditions have returned to normal.
  20. Like
    Abyss got a reaction from dicker in Gold 3% Premium over Spot at bullion Dealers in UK   
    It has finally happened, many years ago (before the War and Covid) you could pick up a standard generic 1 oz Gold Bullion Britannia from a number of reputable bullion dealers for 3% over spot plus postage. After many years of premiums creeping up they have been slowing coming back down and now we are finally back where we were prior to the world going crazy....
    For reference I have spotted on Chards website 2024 Gold Britannia 1 oz Bullion Coin 3% over spot £1,560.93 plus deliver £7.00
    https://www.chards.co.uk/2024-gold-britannia-1-oz-bullion-coin/19123
    Atkinsons Bullion £7 higher, Tavex £1 higher, ATS £5 higher, Hatton Garden Metals £24 more expensive all of these dealers I have used in the past.
    Premiums going down is a very good thing but when I started stacking Gold the exchange rate for the £/$ was at 1.50 and the price of Gold in USD $1200 effectively made Gold in the UK £800 an oz.........
    Is it me or do other Gold stackers recall the good old days? (2014-2018)........
  21. Like
    Abyss got a reaction from Cityman1 in Gold 3% Premium over Spot at bullion Dealers in UK   
    It has finally happened, many years ago (before the War and Covid) you could pick up a standard generic 1 oz Gold Bullion Britannia from a number of reputable bullion dealers for 3% over spot plus postage. After many years of premiums creeping up they have been slowing coming back down and now we are finally back where we were prior to the world going crazy....
    For reference I have spotted on Chards website 2024 Gold Britannia 1 oz Bullion Coin 3% over spot £1,560.93 plus deliver £7.00
    https://www.chards.co.uk/2024-gold-britannia-1-oz-bullion-coin/19123
    Atkinsons Bullion £7 higher, Tavex £1 higher, ATS £5 higher, Hatton Garden Metals £24 more expensive all of these dealers I have used in the past.
    Premiums going down is a very good thing but when I started stacking Gold the exchange rate for the £/$ was at 1.50 and the price of Gold in USD $1200 effectively made Gold in the UK £800 an oz.........
    Is it me or do other Gold stackers recall the good old days? (2014-2018)........
  22. Like
    Abyss reacted to James32 in Gold 3% Premium over Spot at bullion Dealers in UK   
    Can do £110 on that
  23. Like
    Abyss reacted to BLOOMMAN101 in Gold 3% Premium over Spot at bullion Dealers in UK   
    I remember thinking an old bloke in a second-hand shop was taking advantage of my good nature when he sold me a Sov for £85 around 2001
  24. Haha
    Abyss reacted to James32 in Gold 3% Premium over Spot at bullion Dealers in UK   
    Can offer £1000 today if you want a quick profit 😆 
  25. Like
    Abyss got a reaction from ArgentSmith in Gold 3% Premium over Spot at bullion Dealers in UK   
    It has finally happened, many years ago (before the War and Covid) you could pick up a standard generic 1 oz Gold Bullion Britannia from a number of reputable bullion dealers for 3% over spot plus postage. After many years of premiums creeping up they have been slowing coming back down and now we are finally back where we were prior to the world going crazy....
    For reference I have spotted on Chards website 2024 Gold Britannia 1 oz Bullion Coin 3% over spot £1,560.93 plus deliver £7.00
    https://www.chards.co.uk/2024-gold-britannia-1-oz-bullion-coin/19123
    Atkinsons Bullion £7 higher, Tavex £1 higher, ATS £5 higher, Hatton Garden Metals £24 more expensive all of these dealers I have used in the past.
    Premiums going down is a very good thing but when I started stacking Gold the exchange rate for the £/$ was at 1.50 and the price of Gold in USD $1200 effectively made Gold in the UK £800 an oz.........
    Is it me or do other Gold stackers recall the good old days? (2014-2018)........
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