AgCoyote

I'm really impressed with the Magnificent Maple Leaves 10 ounce silver coin. If you don't have one, make it your next item. The detail of the leaves is very impressive. I know it's sacrilege but I wish they used this version on the 1 ounce.
I feel like I crossed a rite of passage and now have my first PAMP gold bar:)

I'm really impressed with the Magnificent Maple Leaves 10 ounce silver coin. If you don't have one, make it your next item. The detail of the leaves is very impressive. I know it's sacrilege but I wish they used this version on the 1 ounce.
I feel like I crossed a rite of passage and now have my first PAMP gold bar:)

@ChrisSIlver Thankyou! Winner winner chicken dinner

The means to produce credit arguably has value, but still the currency generated as credit does not have any value. The relative stability of the number of currency units has value, but only for its use as a measuring stick against actual goods, services, time. The need to pay taxes in currency also does not make currency valuable - currency is only the means to exchange the value of a portion of your time/effort/sales/goods/ to the government as efficiently as possible. Your time is the value. Your goods sold are the value. Your effort and innovation is the value - a portion exchanged into government spending on services or goods (welfare usually) - other value - via currency. Currency is extremely efficient at the transfer of value, but it is not valuable in itself.
As HH keeps saying there is nothing inherently valuable about currency. The problem is people who use currency. They measure items of exchange in terms of currency, they value their time in terms of currency, most people can recite the price of many many items in their currency. It is not the fault of currency that the end result is people incorrectly associating currency with value.
The means that government takes its taxes is the same measure that they steal from people who save in currency - why are they saving in currency is the question to ask. Don't they know its worthless? 

At the end of the day all fiat currencies have gone to zero. I see no reason to believe the bozos who run our societies will be able to rule wisely and avoid a historic fact. I see a world that's drowning in debt. I see a world full of insane politicians who genuinely believe it's morally correct to steal from one group and give to another politically favored group. How is this at all tenable or sustainable? I think it's absolutely crazy to consider selling at a time like this. Gold/Silver are the magic rowboats off the Titanic. Having substantial holdings assure that you will maintain your wealth and ultimately increase your purchasing power.
One thing I know is that sure it can be exciting to hold a stack of 100 dollar bills but it's far more empowering to hold some gold or silver.

The thing with holding physical gold is, the only risk there really is, is if someone steals your goods. Prices may go up and down, but because you own the gold, you will never receive a margin call from a broker, wanting more cash to maintain your gold holdings... hence if you are in it for the longer haul, it is a nice and peaceful investment, you don't have to lose sleep over it. I certainly don't. If the price goes down, it makes me happy because then I can buy more gold for cheaper. And if it goes up... well then my net worth increases along with the gold I already own. So as far as I'm concerned it's a win-win scenario. Gold is also very liquid and you will always find a buyer for your gold, for more or less spot price, if you ever needed cash for an emergency. I remember when I dabbled in the stock market, I was a nervous wreck and watched the prices all the time.

i fully expect a return to some sort of gold backed currency system. We can see it in Asia. Governments buying gold at unprecidented levels as they move away from the USD. i hear plenty of rumours about the Chinese and Russians backing their currencies and State cryptocurrencies. i am involved in Kinesis which Indonesia is fully onboard with and is making it 'obligatory' to save in Kinesis and so save in gold.
There is a new dawn for precious metals. i will not be sitting on my hands - i will be more active than ever before. i see the selling section is very active like it gets when prices get high - it won't be a seller. i understand those who are selling - we have seen false dawns before and it was a prudent move to take some profits but not today i think. When the going gets tough, gold gets going. Recessions are good for real money - even deflation when the buying power of currency goes up in the face of falling asset prices. Gold initially fell in 2008 as we saw distressed sales and the necessity to liquidate assets to bail out crumbling paper asset positions. Then we saw QE gear up and the run up to 2011.
Have you noticed how gold gets a smack down and then quickly comes back - it wasn't like that before - we would have seen prices tumble for months. The world is changing. Gold is coming out of the shadows - we have seen the dawn of a golden age.

https://www.youtube.com/watch?v=iYuWlcLxCuE
GoldSilver (w/ Mike Maloney) Premiered Aug 8, 2019   Some scanned in documents when Mike bought Gold eagles $326 oz and then later on at $396 upset at the time when bought at $396 because it was close to the high price had to wait seven months before spot went back to that level and broke through it.   IMHO I believe Gold on a long term uptrend and saving in Gold for the next couple decades will be the right financial decision. Going to be many volatile moves in the price Gold and don't need the funds best to purchase and forget. All my physical Gold bullion safety deposit box out of sight out of mind safe and secure. I am not selling but by the same token not buying just sitting on the sideline waiting for opportunity to buy more.

You will always get gold bulls and bears, and people with negative views on gold. However gold is definitely not as volatile as the stock market, and because it's a store of value it will always retain value -- it has for thousands of years, for much longer than stocks or fiat currencies even existed. Gold is seen as at the same level of risk as cash, as per the latest Basel rules, Tier 1 in capital adequacy. There's a reason why the biggest chunks of money in the world are aggressively moving into gold (central banks) -- because it's a safe haven, an insurance against risk of wars, economic troubles, etc.

Actually, gold is low risk... the opposite. That's why during times of turmoil and uncertainty, investors pile into gold... it's a "safe haven". Gold is similar to cash, but not dependent on volatile exchange rates.
There was another guy who was scared of gold, In December last year I think, and he sold all his gold... ouch. 
Of course nobody has a crystal ball, and you may end up being right. Time will tell.

A plea to you all: sit on your hands.
We stand on the breakout of what will very likely be one of the greatest bull markets of our lifetime. Think about what has happened over the last 10 years: unprecedented level of stimulus into a monetary system that is no longer fit for purpose. This is much worse than the abuse of the system that drove the prior PM bull markets of 1971-1980 and 1999-2011. 
The fallout from this crazy experiment will drive the price of gold by similar factors over the next decade, just as it did during the previous bull markets. Bull markets always run longer and further than nearly all their early adopters think is possible.
PMs will be valued many multiples higher in the years to come. Scoot on over to a "mainstream" investment site like MrMoneyMustache or MoneysavingExpert and gold doesn't even figure on the radar. They are ALL about passive index funds and chasing the stock market. They worship VTSAX. If you are lucky you might find someone holding 20% bonds. They won't even look at gold until it has at least doubled from current levels, and even then they will be some of the earlier adopters. 
There will come a time to sell your PMs and buy something that is better value, but that time is still years away. It will be when everyone thinks it is a good time to be overweight on gold, when Dow/Gold is somewhere between a half to a quarter of its current level.

@goldmember44 - a rather nice "lady" for me too from @fehk2001 thanks fehk2001
 
 

I don't think wonger is coming back... I have a feeling the sub $15.00 silver days are long gone... Glad i stocked up at 14.70...

i doubt Basel III is significant - this is coming from the beast itself so it is hardly going to commit suicide on its own medicine. The Fed will drop rates next month - this is the start of a process going to zero rates and more QE - then it goes negative. Powell said this is not the start of progressive of cuts (but he is lying). Gold fell on that  news and then quickly rose again when it was realised he was lying. 
What is sad is the UK at one point had large gold reserves. So much treasure wasted in the World Wars. Now the world is certainly moving to permutations of a gold standard the country is done for. i thought we were still generating electricity from coal, well at least in part. i learnt there is no electricity from coal. We are importing electricity from France. Waiting for the power outages when Sterling is worthless and the bills cannot be paid.

They are beautiful

Typically I don't go for proof coins but sometimes you see something you have to have. 
 2016 RCM Canada Geese on a Maple Leaf Silhouette They're only available until the end of July so act soon if you like these.
 
I really wish the RCM would do a 1 ounce and 10 ounce bullion coin of a Canada Goose every year with a new design. I think an RCM Canada Goose could be every bit as strong as Perth Mint Kooks.
 
 

My first Perth Mint/ International Minted Piece. 2019 Australian Kangaroo 9999 Silver Coin.

1oz Nuggets - 2002 & 2003 

Typically I don't go for proof coins but sometimes you see something you have to have. 
 2016 RCM Canada Geese on a Maple Leaf Silhouette They're only available until the end of July so act soon if you like these.
 
I really wish the RCM would do a 1 ounce and 10 ounce bullion coin of a Canada Goose every year with a new design. I think an RCM Canada Goose could be every bit as strong as Perth Mint Kooks.
 
 

Typically I don't go for proof coins but sometimes you see something you have to have. 
 2016 RCM Canada Geese on a Maple Leaf Silhouette They're only available until the end of July so act soon if you like these.
 
I really wish the RCM would do a 1 ounce and 10 ounce bullion coin of a Canada Goose every year with a new design. I think an RCM Canada Goose could be every bit as strong as Perth Mint Kooks.
 
 

Typically I don't go for proof coins but sometimes you see something you have to have. 
 2016 RCM Canada Geese on a Maple Leaf Silhouette They're only available until the end of July so act soon if you like these.
 
I really wish the RCM would do a 1 ounce and 10 ounce bullion coin of a Canada Goose every year with a new design. I think an RCM Canada Goose could be every bit as strong as Perth Mint Kooks.
 
 

Typically I don't go for proof coins but sometimes you see something you have to have. 
 2016 RCM Canada Geese on a Maple Leaf Silhouette They're only available until the end of July so act soon if you like these.
 
I really wish the RCM would do a 1 ounce and 10 ounce bullion coin of a Canada Goose every year with a new design. I think an RCM Canada Goose could be every bit as strong as Perth Mint Kooks.
 
 

Typically I don't go for proof coins but sometimes you see something you have to have. 
 2016 RCM Canada Geese on a Maple Leaf Silhouette They're only available until the end of July so act soon if you like these.
 
I really wish the RCM would do a 1 ounce and 10 ounce bullion coin of a Canada Goose every year with a new design. I think an RCM Canada Goose could be every bit as strong as Perth Mint Kooks.
 
 

Typically I don't go for proof coins but sometimes you see something you have to have. 
 2016 RCM Canada Geese on a Maple Leaf Silhouette They're only available until the end of July so act soon if you like these.
 
I really wish the RCM would do a 1 ounce and 10 ounce bullion coin of a Canada Goose every year with a new design. I think an RCM Canada Goose could be every bit as strong as Perth Mint Kooks.