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silenceissilver

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  1. Haha
    silenceissilver reacted to Grufflehog in Best silver memes   
  2. Like
    silenceissilver got a reaction from Alex944 in Insecure first buyer   
    Just wanted to post something similar. I would look into Danish 10 or 20 Kroner, Krugerrands and Philharmonics and possibly Sovereigns, if I was in Denmark. 
    Krugerrands are the most popular bullion coins worldwide (40% market share according to one big German dealer), Philharmonics are very popular on the European continent (but there might be huge differences between different countries, thus I would check it for Denmark, first) and Sovereigns are also a big deal internationally but again, I would check to which extent this might apply for Denmark. According to another big German dealer, outside of the UK and within Europe they are more popular in Southern Europe. German Marks usually have a bit of a premium but Swiss 20 Franks (Vreneli) often don't and they are also popular in Germany - and thus maybe also in Denmark? - Again, something that would need to be checked.
    Size wise, if it's Krugerrand or Philharmonics, with that budget, I would go for quarter ounces. I think they are the most popular size after one ounce (murch more than e.g. half an ounce) and you don't have everything in one or two pieces.
    The dealers listed on this German comparison site have all been checked for being trustworthy dealers and give you a good reference for what you should pay - also in Denmark.
  3. Like
    silenceissilver got a reaction from Scaffstacker in Goldomat   
    The first physical cash machine for gold bars is now in the Czech Republic
    And today, Peter Spina of GoldSeek.com reports that the Czech Republic's first physical gold bullion ATM has opened in central Prague, with more plans to be added in the near future.
    ...
    The machine offers three options, but only two were in stock. A 1 gram gold bar, a 10 gram Argor Heraeus gold bar, and a 1 troy ounce bar.
    The machine only accepts cash, euros or Czech crowns and you do not need to register your purchase with ID or registration of a phone number. However, there is a limit to purchasing anonymously. 250,000 CZK or 10,000 euros. Similar to the laws in the US ($ 10,000).

    The prices were very competitive with the 10 gram gold bars in other large Prague gold shops (10 gram for 14,300 CZK or 563 euros).
    The purchase was quick and easy. You select the desired gold bar, then feed the machine with banknotes and press "Buy".
    https://translate.google.com/translate?sl=auto&tl=en&u=https://uncutnews.ch/der-erste-physische-geldautomat-fuer-goldbarren-steht-jetzt-in-der-tschechischen-republik/
    Just imagine: "Honey, when you go shopping, please don't forget the salad and the 1g Heraeus", again!" 
  4. Like
    silenceissilver got a reaction from CollectorNo1 in Gold 1oz coins   
    What the best coin is, depends on the purpose.
    For one ounce there is no reason to buy a Britannia for tax reasons (unless there is a hyper inflation and the tax rates lag behind. Currently, the  net gain tax (difference between purchase and selling) has an allowance of well over 10K, not sure about the exact figure right now).
    However, Britannias are still the most liquid one ounce coins in the UK. This being said, I'm pretty sure any dealer would buy any of the most common one ounce coins world wide, which are, apart from the Britannia, the Krugerrand, the Maple, the Kangaroo, the Philharmonic, the American Eagle, the Buffalo and probably also the Chinese Panda. Not necessarily in this order.
    All but the Krugerrand and the Eagle are pure gold, so if you want the most yellow, avoid them, if you want to be able to handle your coin, buy one of them as their copper makes them a little less soft and more suitable for handling.
    Apart from the named coins, there are plenty other ones that are less common but might be more appealing, optically.
    Personally, right now, I would buy a Krugerrand.
  5. Like
    silenceissilver got a reaction from MetalsMan in Gold 1oz coins   
    What the best coin is, depends on the purpose.
    For one ounce there is no reason to buy a Britannia for tax reasons (unless there is a hyper inflation and the tax rates lag behind. Currently, the  net gain tax (difference between purchase and selling) has an allowance of well over 10K, not sure about the exact figure right now).
    However, Britannias are still the most liquid one ounce coins in the UK. This being said, I'm pretty sure any dealer would buy any of the most common one ounce coins world wide, which are, apart from the Britannia, the Krugerrand, the Maple, the Kangaroo, the Philharmonic, the American Eagle, the Buffalo and probably also the Chinese Panda. Not necessarily in this order.
    All but the Krugerrand and the Eagle are pure gold, so if you want the most yellow, avoid them, if you want to be able to handle your coin, buy one of them as their copper makes them a little less soft and more suitable for handling.
    Apart from the named coins, there are plenty other ones that are less common but might be more appealing, optically.
    Personally, right now, I would buy a Krugerrand.
  6. Like
    silenceissilver reacted to MetalsMan in Gold 1oz coins   
    I'm new so not sure if this is a bullion proof, but it was my first gold purchase. Beautiful coin, and I believe limited mintage to 5000 (don't quote me on that). 
     
    https://www.gold.co.uk/gold-coins/gold-myths-legends/1oz-robin-hood-gold/
     
    But the QB Completer is beautiful too:
     
    https://www.chards.co.uk/2021-queens-beasts-completer-one-oz-gold-bullion-coin/14554
     
  7. Like
    silenceissilver reacted to Goldhooked in Dorset coin company   
    Personally I would report them to eBay for that message, it’s totally unacceptable.  I’ve been selling professionally on eBay for years and have dealt with some proper cretins of customers but have never replied to any of them like that.  No need to be an ar5e when dealing with ar5eholes 🤷‍♂️
  8. Haha
    silenceissilver reacted to LawrenceChard in Dorset coin company   
    I agree they look quite nice, but I can't read a word on them...
    might even be Arabic for thanks for your money sucker, Ha ha!...
    or "Death to all infidels". 🙂
  9. Like
    silenceissilver got a reaction from Tn21 in Priced in gold   
    The house prices going up first and gold following is due to the gold standard till 1971. Nixon said, he had to "suspend" it because of gold price speculators. The speculation however took place because already before 1971 they printed more Dollars than the gold standard would have allowed - but gold had an official price which made gold too cheap compared to its actual value. Thus the gold price speculation and thus also the house prices going up first and gold catching up in the 1970s.
    It would also be interesting to see an index for the number of hours an average earner needs to work to buy one house or a certain amount of gold. You would see you need to work much longer for the same amount of house or gold today, probably roundabout a factor of ten - really only very roughly (compared to the 1950s).
  10. Haha
    silenceissilver got a reaction from GoldenGriffin in Goldomat   
    The first physical cash machine for gold bars is now in the Czech Republic
    And today, Peter Spina of GoldSeek.com reports that the Czech Republic's first physical gold bullion ATM has opened in central Prague, with more plans to be added in the near future.
    ...
    The machine offers three options, but only two were in stock. A 1 gram gold bar, a 10 gram Argor Heraeus gold bar, and a 1 troy ounce bar.
    The machine only accepts cash, euros or Czech crowns and you do not need to register your purchase with ID or registration of a phone number. However, there is a limit to purchasing anonymously. 250,000 CZK or 10,000 euros. Similar to the laws in the US ($ 10,000).

    The prices were very competitive with the 10 gram gold bars in other large Prague gold shops (10 gram for 14,300 CZK or 563 euros).
    The purchase was quick and easy. You select the desired gold bar, then feed the machine with banknotes and press "Buy".
    https://translate.google.com/translate?sl=auto&tl=en&u=https://uncutnews.ch/der-erste-physische-geldautomat-fuer-goldbarren-steht-jetzt-in-der-tschechischen-republik/
    Just imagine: "Honey, when you go shopping, please don't forget the salad and the 1g Heraeus", again!" 
  11. Like
    silenceissilver got a reaction from Roy in Priced in gold   
    The house prices going up first and gold following is due to the gold standard till 1971. Nixon said, he had to "suspend" it because of gold price speculators. The speculation however took place because already before 1971 they printed more Dollars than the gold standard would have allowed - but gold had an official price which made gold too cheap compared to its actual value. Thus the gold price speculation and thus also the house prices going up first and gold catching up in the 1970s.
    It would also be interesting to see an index for the number of hours an average earner needs to work to buy one house or a certain amount of gold. You would see you need to work much longer for the same amount of house or gold today, probably roundabout a factor of ten - really only very roughly (compared to the 1950s).
  12. Haha
    silenceissilver reacted to Chorlton in Pushing their luck, or an outright con?   
    Should ask them what price they buy for, £500 a bullion sovereign would come in handy 😁
  13. Like
    silenceissilver reacted to Stuntman in Priced in gold   
    Yes it's an index chart. 
    At the start of the time series on the chart, the average house price in units of gold and in units of GBP was 100 units.
    At the end of the time series on the chart, the average house would still cost the same 100 units of gold, but you would now need over 10,000 units of GBP (being over 100 times as many units of GBP than you needed 70-ish years ago to buy an average house).
    So the conclusion I draw from the chart is that in 2021 an average house is worth the same amount of actual physical gold as it was in 1950 or thereabouts.  So the increase in the price of gold has mirrored the house price inflation over those 70 years.
     
    Interesting to note that house price inflation was faster than gold price inflation until about 1973 (i.e. the thick line is going up) - then gold goes up faster than house prices until about 1980 (i.e. the thick line is going down) - etc etc.  
    With the UK housing market currently going a bit nuts, the thick line will currently be going up again.
     
  14. Haha
    silenceissilver reacted to TommyTwoShots in Goldomat   
    Would be so funny if it did the classic vending machine malfunction and left the bar half hanging off the vender lol

  15. Like
    silenceissilver reacted to Minimalist in Goldomat   
    @HawkHybrid, youre using two accounts?
    I agree entirely of that reality, its Orwellian no doubt about it, however we, the Gold community, pride ourselves in secrecy, liberty and private property. This machine would be a step in the right direction despite the fascism we live under.
  16. Like
    silenceissilver reacted to SilverStorm in Goldomat   
    These gold vending machines are cool to see, would love to try it out one day. 
    But to address your comment...yes. I agree with you.  However if you were to withdraw cash from your bank account, there will also be a paper trail of that as well.   I have had multiple inconvenient discussions with stupid bank tellers asking me why I want to withdraw so much cash!   Not that it's any of their concern with how I spend my OWN money!   Still gets my blood boiling just thinking of it.   And the Federal government will also be aware, as banks report any and all suspicious transactions to the tax department.   So unfortunately it's really impossible to avoid any kind of Orwellian oversight.   
  17. Like
    silenceissilver reacted to Minimalist in Goldomat   
    Personally, I find the whole Identification process when dealing with them annoying and inconvenient. You get treated like a criminal. Seriously hope to see these machines throughout the continent.
  18. Like
    silenceissilver got a reaction from SilverFlame in Insecure first buyer   
    Just wanted to post something similar. I would look into Danish 10 or 20 Kroner, Krugerrands and Philharmonics and possibly Sovereigns, if I was in Denmark. 
    Krugerrands are the most popular bullion coins worldwide (40% market share according to one big German dealer), Philharmonics are very popular on the European continent (but there might be huge differences between different countries, thus I would check it for Denmark, first) and Sovereigns are also a big deal internationally but again, I would check to which extent this might apply for Denmark. According to another big German dealer, outside of the UK and within Europe they are more popular in Southern Europe. German Marks usually have a bit of a premium but Swiss 20 Franks (Vreneli) often don't and they are also popular in Germany - and thus maybe also in Denmark? - Again, something that would need to be checked.
    Size wise, if it's Krugerrand or Philharmonics, with that budget, I would go for quarter ounces. I think they are the most popular size after one ounce (murch more than e.g. half an ounce) and you don't have everything in one or two pieces.
    The dealers listed on this German comparison site have all been checked for being trustworthy dealers and give you a good reference for what you should pay - also in Denmark.
  19. Like
    silenceissilver got a reaction from Hunter87 in Goldomat   
    I don't know anything about this, not written in this article. I guess it might take away a hurdle for shy people and unexperienced gold buyers who are in the retail park already but don't dare going into the shop and ask questions.
    More importantly, in the shop they would start recognising you, if you went there and spent close to 10.000 Euros each week, thus they would soon ask you to provide an ID whereas you you could probably spend half a million of Euros over one year, without showing any ID. 
  20. Like
    silenceissilver got a reaction from Minimalist in Goldomat   
    I don't know anything about this, not written in this article. I guess it might take away a hurdle for shy people and unexperienced gold buyers who are in the retail park already but don't dare going into the shop and ask questions.
    More importantly, in the shop they would start recognising you, if you went there and spent close to 10.000 Euros each week, thus they would soon ask you to provide an ID whereas you you could probably spend half a million of Euros over one year, without showing any ID. 
  21. Like
    silenceissilver got a reaction from Shep in Goldomat   
    I don't know anything about this, not written in this article. I guess it might take away a hurdle for shy people and unexperienced gold buyers who are in the retail park already but don't dare going into the shop and ask questions.
    More importantly, in the shop they would start recognising you, if you went there and spent close to 10.000 Euros each week, thus they would soon ask you to provide an ID whereas you you could probably spend half a million of Euros over one year, without showing any ID. 
  22. Like
    silenceissilver got a reaction from sixgun in Insecure first buyer   
    Just wanted to post something similar. I would look into Danish 10 or 20 Kroner, Krugerrands and Philharmonics and possibly Sovereigns, if I was in Denmark. 
    Krugerrands are the most popular bullion coins worldwide (40% market share according to one big German dealer), Philharmonics are very popular on the European continent (but there might be huge differences between different countries, thus I would check it for Denmark, first) and Sovereigns are also a big deal internationally but again, I would check to which extent this might apply for Denmark. According to another big German dealer, outside of the UK and within Europe they are more popular in Southern Europe. German Marks usually have a bit of a premium but Swiss 20 Franks (Vreneli) often don't and they are also popular in Germany - and thus maybe also in Denmark? - Again, something that would need to be checked.
    Size wise, if it's Krugerrand or Philharmonics, with that budget, I would go for quarter ounces. I think they are the most popular size after one ounce (murch more than e.g. half an ounce) and you don't have everything in one or two pieces.
    The dealers listed on this German comparison site have all been checked for being trustworthy dealers and give you a good reference for what you should pay - also in Denmark.
  23. Like
    silenceissilver got a reaction from Blockhead in Goldomat   
    The first physical cash machine for gold bars is now in the Czech Republic
    And today, Peter Spina of GoldSeek.com reports that the Czech Republic's first physical gold bullion ATM has opened in central Prague, with more plans to be added in the near future.
    ...
    The machine offers three options, but only two were in stock. A 1 gram gold bar, a 10 gram Argor Heraeus gold bar, and a 1 troy ounce bar.
    The machine only accepts cash, euros or Czech crowns and you do not need to register your purchase with ID or registration of a phone number. However, there is a limit to purchasing anonymously. 250,000 CZK or 10,000 euros. Similar to the laws in the US ($ 10,000).

    The prices were very competitive with the 10 gram gold bars in other large Prague gold shops (10 gram for 14,300 CZK or 563 euros).
    The purchase was quick and easy. You select the desired gold bar, then feed the machine with banknotes and press "Buy".
    https://translate.google.com/translate?sl=auto&tl=en&u=https://uncutnews.ch/der-erste-physische-geldautomat-fuer-goldbarren-steht-jetzt-in-der-tschechischen-republik/
    Just imagine: "Honey, when you go shopping, please don't forget the salad and the 1g Heraeus", again!" 
  24. Like
    silenceissilver got a reaction from trp in Goldomat   
    The first physical cash machine for gold bars is now in the Czech Republic
    And today, Peter Spina of GoldSeek.com reports that the Czech Republic's first physical gold bullion ATM has opened in central Prague, with more plans to be added in the near future.
    ...
    The machine offers three options, but only two were in stock. A 1 gram gold bar, a 10 gram Argor Heraeus gold bar, and a 1 troy ounce bar.
    The machine only accepts cash, euros or Czech crowns and you do not need to register your purchase with ID or registration of a phone number. However, there is a limit to purchasing anonymously. 250,000 CZK or 10,000 euros. Similar to the laws in the US ($ 10,000).

    The prices were very competitive with the 10 gram gold bars in other large Prague gold shops (10 gram for 14,300 CZK or 563 euros).
    The purchase was quick and easy. You select the desired gold bar, then feed the machine with banknotes and press "Buy".
    https://translate.google.com/translate?sl=auto&tl=en&u=https://uncutnews.ch/der-erste-physische-geldautomat-fuer-goldbarren-steht-jetzt-in-der-tschechischen-republik/
    Just imagine: "Honey, when you go shopping, please don't forget the salad and the 1g Heraeus", again!" 
  25. Like
    silenceissilver got a reaction from Bigmarc in Goldomat   
    The first physical cash machine for gold bars is now in the Czech Republic
    And today, Peter Spina of GoldSeek.com reports that the Czech Republic's first physical gold bullion ATM has opened in central Prague, with more plans to be added in the near future.
    ...
    The machine offers three options, but only two were in stock. A 1 gram gold bar, a 10 gram Argor Heraeus gold bar, and a 1 troy ounce bar.
    The machine only accepts cash, euros or Czech crowns and you do not need to register your purchase with ID or registration of a phone number. However, there is a limit to purchasing anonymously. 250,000 CZK or 10,000 euros. Similar to the laws in the US ($ 10,000).

    The prices were very competitive with the 10 gram gold bars in other large Prague gold shops (10 gram for 14,300 CZK or 563 euros).
    The purchase was quick and easy. You select the desired gold bar, then feed the machine with banknotes and press "Buy".
    https://translate.google.com/translate?sl=auto&tl=en&u=https://uncutnews.ch/der-erste-physische-geldautomat-fuer-goldbarren-steht-jetzt-in-der-tschechischen-republik/
    Just imagine: "Honey, when you go shopping, please don't forget the salad and the 1g Heraeus", again!" 
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