AgCoyote

1 Kilo Silver Royal Canadian Mint bar
 

1 Kilo Silver Royal Canadian Mint bar
 

1 Kilo Silver Royal Canadian Mint bar
 

1 Kilo Silver Royal Canadian Mint bar
 

1 Kilo Silver Royal Canadian Mint bar
 

1 Kilo Silver Royal Canadian Mint bar
 

1 Kilo Silver Royal Canadian Mint bar
 

I'm with you on the welfare state. Tenants in the UK have been permitted to defer rent for 3 months due to the pandemic which is understandable. Now a movement is gathering pace for indefinite rent cancellation backstopped by the state or possible mass rent strikes. Must be tough to be a landlord right now. The government will print the money to avoid civil unrest. People are convinced its the governments job to support them.
Whilst silver is nice, nothing compares to the allure of gold. I bought a 22 carat rope chain about 2mm in diameter from a Indian jewelers in London. The facets are cut to catch the light as it moves. People have asked me if its real or fake because of the deep yellow colour. 

I used to watch the Keiser report too. He’s been banging the door on gold for years but now it’s more bitcoin. His anti establishment message sat well with me. My trust in government had totally gone after the war in Iraq and the financial crisis. Loved his zany style and straight talk. I didn’t take what he said as gospel but it was the only place I could find someone who had a platform to attack the mainstream narrative. I found my own truth somewhere in between. I always find it funny when RT gets branded as a Kremlin mouthpiece when that’s exactly what the BBC is too. 

Personally I don’t know anyone else who collects gold so I’m interested to learn how other people got started, their motivations and what it means to them. What’s your story?

I'll start with my own.


 
My initial fascination with gold started when I was a kid. Like many households we always had an Argos or Index catalogue lying around that I would flick through when I was bored. As you would expect I spent a lot of time looking at all the toys but it was the jewellery section that really caught my eye. I liked all the birthstones and gems but my favourite pages were near the end of the jewellery section, it was all the gold chains. I used to sit and stare at the weights, purity and price of them for a reason I can’t fathom even to this day. The first piece of gold ever bought for me was by my mother when I got my ear pierced. I got a 9ct gold stud and hoop. A few years later after a fair amount of begging at shop windows she bought me a half sovereign ring and my brother a full sovereign. They were either lost or sold I guess and my gold story goes cold for a decade.

The financial crisis and great recession was my induction into the world of economics. I remember watching the TV as the queues formed outside Northern Rock and then like dominos the banks started to collapse. The government started QE and the bailouts commenced. What caused it? Where did this money come from? Who was going to pay it back? Pandora’s Box was open and my studies began. All the cash for gold shops appeared on the high street as the price took off - gold was more than just jewellery - gold shone bright once again. I seriously considered buying my first gold during this period but never followed through although my faith in the financial system was gone never to return. In the following years new terms and trends emerged. Help to buy, 0% finance, balance transfer credit cards, PCP car loans, early pension drawdowns and negative interest rates. I reasoned this was totally unsustainable, can only end in pain and it was time to prepare. I cleared all my debts then began living well within my means and saving in earnest. I knew what I had to do.

I bought my first gold from the Royal Mint. Three and a half ounces of pure gold were delivered by post the next day. When I opened the parcel and held the coins in my hands I was taken aback by the density, the purity, the colour. It was outside the financial system, untaxable, free from manipulation. It was perfect. It was that day I became a goldbug.

I’ve accumulated more incrementally and now it amounts to around half of my total assets. I’ve learned more about golds history as money and its universal appeal across ages and continents. I still don’t fully understand our love of gold which seems irrational but so is much of what we do. Gold is many things to many people but I view gold as the perfect way to store time. Immutable from government policy and excess in perfect parallel to its physical properties. I don’t care too much about price fluctuations because in the long run I’m as certain as I can be that gold will serve that purpose. During times like these it brings me comfort to know that I own gold and I’m sure I always will.

My initial interest in gold/silver stems from being a supporter of the Ron Paul campaign. I never liked the debt based credit driven Keynesian system. I abhor debt and value the freedom of being solvent. In 2008 and 2012, I supported Paul for president. In 2008 he had me because of his foreign policy stance and I liked that he was fervently against the welfare state while being principled. In 2012 my support was far more nuanced and by that time I had acquired a modest amount of silver.
I began stacking silver again in 2017-18 but had never got gold yet. In 2019 I bought  my first 1/10 oz Kangaroo and it was beautiful. My gold holdings while still modest are increasing rather quickly. I have to say I always wondered why silver isn't more loved by people as it very beautiful. It always made a little upset that people don't view it on the same level as gold. Then I got gold and I can understand why people view it this way. There's just something about gold that's inexplicably alluring.

My initial interest in gold/silver stems from being a supporter of the Ron Paul campaign. I never liked the debt based credit driven Keynesian system. I abhor debt and value the freedom of being solvent. In 2008 and 2012, I supported Paul for president. In 2008 he had me because of his foreign policy stance and I liked that he was fervently against the welfare state while being principled. In 2012 my support was far more nuanced and by that time I had acquired a modest amount of silver.
I began stacking silver again in 2017-18 but had never got gold yet. In 2019 I bought  my first 1/10 oz Kangaroo and it was beautiful. My gold holdings while still modest are increasing rather quickly. I have to say I always wondered why silver isn't more loved by people as it very beautiful. It always made a little upset that people don't view it on the same level as gold. Then I got gold and I can understand why people view it this way. There's just something about gold that's inexplicably alluring.

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar

Absolutely beautiful!

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar

Finally!

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar

2019 Samoa Seahorse
20 oz. Scottsdale Silver bar