KDave

Today i received an NGC graded coin, thanks to Numistacker. Some of you may have seen the video he has put on youtube. If not i suggest you do! Lots of other people there had some great results, with an amazing result for Numi.
I am really really happy with the grade this coin got (over the moon in fact). I purchased this coin raw for £65, the last time one of these sold was in 2012 in the USA for $1200+. Not a bad case for grading i feel. Only 10 in the world graded at this level.
I cant thank Numistacker enough for taking the time to help me in this.

got home from working away and had a few parcels to open
Mouse and horse on the way from Germany and should be here tomorrow.
 

 

Today I received a gold Mexican 10 Peso, many thanks to  @Parcelsilver
 

@ApisMellifera  Welcome to the trillionaires club!  
I gave one of the 100 trillion notes to my brother last year as a bit of a joke gift for his birthday. I don't think he 'gets' it, I was hoping it would perhaps spark his interest in its history or get him asking questions but nope. Not yet anyway. 

Just got one of these in the mail... (i know different topic).
but... if silver hits £1000000, I'll probably be paying with some of these or equivalent. lol.
Anyway...
I got this banknote out of curiosity (£2 on ebay) and to remind myself that hyper inflation could lurk around the corner, if we don't pay attention.
Zimbabwe was the latest nation that had a currency hyperinflation and went out of control in 2007-2009
https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
 

These 1/10ths just turned up several days earlier than expected.  Paid €15 shipping and they sent it via DHL International Express which is next day rather than the 3-5 with domestic DHL.

My shield arrived too.
 

http://www.gold-eagle.com/article/gold-spot-price-and-silver-spot-price
 
I think the above interpretation makes more sense than the
clive maund article.
 
HH

http://www.gold-eagle.com/article/gold-experiences-first-%E2%80%9Cgolden-cross%E2%80%9D-two-years
 
the following chart shows a probably golden cross coming up,
where the 50ma crosses the 200ma whilst both are rising.
http://www.gold-eagle.com/article/silver-price-breaks-lower%E2%80%A6gold-price-and-pm-stocks-set-plunge
 
could be good advertising for the bulls should it materialise.
 
HH

Upwardly mobile again today. I feel like I should buy something just to guarantee it drops sharply again like every other time.

I hope I didn't overpay
My shield came to £213 delivered.
£256 (which is roughly Atkinsons prices) minus £43 nectar points
it also saved me hours waiting for one to pop up on the HGM website only to be beaten by someone with a faster trigger finger, lol

With the dip in gold I picked up a 1/10 oz today.

Just grabbed an old 10oz poured silver bar off ebay, was up for £189, put a cheeky best offer in of £150 an won it -






 
Anyone recongnise the manufacturer?

Ratios are just correlations, and a correlation without a plausible causal story behind it has no predictive value. Some data miners showed that the quantity that is most closely correlated with the S&P 500 over many years is the price of butter in Bangladesh. I doubt whether GOR or GSR has any predictive value.

I like them figures.......£1664 gold £50.42 silver. That'll give me £13k pure profit, just in time for me to pay for a planned trip down under to visit rellies in Oz. (Perth to be exact, and yes I expect I'll take a wander down to the mint at some stage during the trip. )
 

Assuming at GSR would remain as it is today
£880 vs £10.61
83 silver  to 1oz gold
£1664 divided by 83 = just £20 per oz silver
assuming silver went to relive its ratio of 33 to 1 of the 2011 highs, since silver always tags along for the gold ride  
£1664 divided by 33 = would give us a more respectful £50.42 per oz Jan 2017

Well technically it is still looking good for gold but silver is not doing so well. What does that mean I wonder? 
I would love and hate to see £1644 gold. Assuming the £ remains roughly the same value relative to everything else then I would be happy enough. 

I'm planning on a large purchase on Friday so I'm happy to see it reduce again  
I'm in the very early stages to stacking so I don't want to see it sky rocket just yet!

I'm considering selling an oz of gold
A year or so ago I bought a 1 oz 2009 gold Britannia for a premium at the time, total was about £830, have regretted paying a premium on a bullion 1 oz coin ever since 
I don't need the money at all, just seems like a good time to get my money back on my mistake and wait for spot to drop and put it into some numismatic gold that I will enjoy having
Hard to time isn't it, will gold be going up more? will it stay around this level for an extended period? are we likely to see under £800 again soon
Not sure of the point of this post.. just thinking out loud I guess  
 

One interesting thing is that whereas gold and USD usually move in opposite directions, recently they are both rising. That seems to suggest there is a safe haven thing going on.

There'll be a positive outcome from this weekends EU summit (or at least it will be trumpetted as such) so expect sharp moves in GBP and possibly gold. it certainly won't be a weekend where you want outstanding forex positions; could well be gaps all over the place.

I have a gold itch needing scratched but paying circa £900/oz would be painful with my average currently at £813. I too am of the mind that. long term, it will be considered a bargain at £900 but it's just making me think that bit longer about it before hitting the button.
I think if it remains steady into next week I'll pull the trigger  as that will be a decent sign that these prices may be the new normal for the time being. You never know though as 'they' can make the price plummet with a few carefully-chosen words regardless of the fundamentals.
Silver is looking a decent shout too with the ratio at 80:1 currently.

Not really stacking but I did buy a 2002 sovereign from Arshi the other day. Collectables only ATM. The gold money I'm holding as cash until this breakout is confirmed. I tell myself I am happy with my current position so can afford to wait and see. I would not be too bothered if the price rises while in cash, but I would be bothered if I bought more gold now, increase my average and then the price dropped again. 

These came today, it's all over I have the Panda bug.

I think the people that insist that it's the start of a new
bull trend in gold are getting ahead of themselves. as
nothing is confirmed yet.
 
' Markets and stocks continue to be very choppy -- and are showing gap opens both lower and higher. Consequently, holding any trades overnight is not the ideal situation.'
' The metals took off higher -- and the recent strength is not so great'
' I understand I am not giving clear signals…but I am not getting clear signals'
' Cautious trading remains the theme…or just sitting in cash.'
 
he's still  open to the possibilities of both sides of the
argument and realise that it can still swing both ways.
 
many optimists are seeing it as 'finally the bull trend'
and are blind to any other possibilities. it should still
be a case of tread carefully. desperate situations
allow for desperate measures.
 
HH