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wilspeak

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  1. Like
    wilspeak reacted to dicker in What Ever happened to the Creatures of the North 2 oz Silver coin series   
    Just to add I just got this mail from the RCM!
     
    Thank you for contacting the Royal Canadian Mint.
     
    Unfortunately, at the present time, we do not have any information on when or if this specific product will become available. We recommend you visit our website on a regular basis atwww.mint.ca to view our new releases.
     
    For further inquiries, please do not hesitate to contact us at www.mint.ca/contactus or by phone at 1-800-267-1871 (Canada). Our hours of operation are 8 am to 7 pm (Monday to Friday) EST. Your interest in our products is appreciated.
     
     

     
    320 SUSSEX DRIVE 
    OTTAWA ON  K1A 0G8
  2. Like
    wilspeak got a reaction from stefffana in Silver vs Platinum which one is better to stack?   
    Thank You
  3. Like
    wilspeak reacted to stefffana in Silver vs Platinum which one is better to stack?   
    Silver is very easy to liquidate. With platinum is different. The market is limited and on second hand market you will not find a buyer willing to pay more than 20% premium to recover the VAT and premium you have paid.
    Silver is easy to sell quick on secondary market. If is 925 at spot + 0-10%, if is 999 at spot + 35-40% regular bullion.
    Regards,
    Stefan.
  4. Like
    wilspeak reacted to Pete in Silver vs Platinum which one is better to stack?   
    You are fortunate in not having to pay 20% tax in buying both silver and platinum like us Brits.
    Depending on why you are stacking and how much you are planning to invest will govern which metals you choose and in which proportions.
    If investing a significant amount in silver you will quickly find out that storage can become an issue and also maintaining your inventory if primarily in mixed single ounce coins.
    When is comes time to sell ( if you plan to sell later ) trickling lots of small orders will be very time consuming but if retired perhaps a nice hobby.
    Selling in bulk means generally to a bullion dealer so you will be lucky to receive spot price on the day.
    Platinum was once higher priced than gold and all the fundamentals and logic suggest that it still should be.
    However it is significantly cheaper than gold so is it cheap or is gold over-valued ?
    The markets dictate prices, demand, and fat cat bankers manipulation so who can tell the direction of prices ?
    Silver would appear to have more upside potential but people have been saying that for a long time.
    Premiums on many silver coins right now are way over the top.
    If gold drops significantly it could take a long time to recover.
    Platinum seems cheap by comparison if you can find a seller that isn't adding a high premium.
    I would also only ever value bullion metals at spot price, ignoring premiums, so if you can sell later above spot then that's a bonus.
    If you have to pay a higher than average premium to acquire your coins / bars then don't assume that premiums are guaranteed and are likely to be dented with selling fees etc.
    Back to how much ?
    If spending a few thousand dollars, probably silver or gold coins.
    If spending $50,000 then I would be tempted to split 3 ways - gold, silver and platinum.
    Once you have your weight in silver ounces then add gold and platinum each time there is a sizeable dip in price.
    Gold is very easy to sell but platinum doesn't always get the same percentage of spot as gold.

     
     
  5. Like
    wilspeak reacted to Rll1288 in Silver vs Platinum which one is better to stack?   
    diversify across all three really with weighting towards Gold (for me anyways) although i do think platinum undervalued and may get hit due to move away from Cat converters etc. Still the rarest out of the three PMs and harder to mine and create with 🙂
  6. Like
    wilspeak reacted to KevinFlynn in Silver vs Platinum which one is better to stack?   
    In my eyes both are similar in that they are more speculative in character (as opposed to gold). Platinum more so than silver, because I'm not sure if it will ever recover, while silver is somewhat stable (volatile but stable).
    If I needed to choose I would choose silver over platinum, but stack a little platinum for diversification. As it is I would only stack these on the side, because of VAT (where I live).
  7. Like
    wilspeak got a reaction from Dan12345 in What brings you to this hobby   
    Exactly  I couldn't have said it better  " Some people's hobbies are money pits that only cost you, but at least with this hobby I'll be able to pull out some of my finances (if I so wish) AND I get nice and shiny things."
  8. Like
    wilspeak reacted to HillWalkerDundee in Would you get into this new series?   
    My neighbour summed up why independence is a good thing. He said "all policians are b@stards but they will be our b@stards and we can kick them out any time".
  9. Like
    wilspeak reacted to LawrenceChard in Would you get into this new series?   
    Do you mean to tell me that we should not believe that politicians tell us?
  10. Like
    wilspeak got a reaction from Arganto in Should I buy $100 in silver rounds or a 1/10 Platinum coin for $156   
    You are Right.  I choose the PT because of something similar of what you mentioned and silver spot prices have not been moving upwardly in a while , also I have a lot of silver and not enough PT
  11. Like
    wilspeak reacted to StackemHigh in Should I buy $100 in silver rounds or a 1/10 Platinum coin for $156   
    I'd favor the Pt. Can't build  a nice Pt stack without getting any!
  12. Like
    wilspeak reacted to HillWalkerDundee in Would you get into this new series?   
    Change that to when Scotland gets independence 🙂
    I am even more confused. I still can't see what you were getting at. I must be thick. The tag is not an issue. All ISPs have to have a tag, mine was Scotz.
  13. Like
    wilspeak reacted to StackemHigh in Would you get into this new series?   
    Not one for me. Not a bad design but plenty of star wars stuff out there now.
  14. Like
    wilspeak reacted to LawrenceChard in Would you get into this new series?   
    Yes, that's me. In case Scotland goes independent, it might need its own mint, so that could be my part-time retirement job! 🙂
  15. Like
    wilspeak reacted to CollectorNo1 in Would you get into this new series?   
    If you like it and want to collect the series..go for it...we all like what we like..personally not for me...but we all have our own preferences when it comes to Gold and Silver..atb.
  16. Like
    wilspeak reacted to HillWalkerDundee in Would you get into this new series?   
    Yes, i saw the tag. Then i looked at companies house and the list of directors. Is that Lawrence Chard not you? Is this a case of passing off?
  17. Like
    wilspeak reacted to LawrenceChard in Would you get into this new series?   
    Did you see who the domain name is registered by?
     
  18. Like
    wilspeak reacted to HillWalkerDundee in Would you get into this new series?   
    I am a little confused but i cant see anything to raise alarm bells
  19. Like
    wilspeak reacted to Arganto in Should I buy $100 in silver rounds or a 1/10 Platinum coin for $156   
    Does the platinum have an equal place in your stacking strategy as the other metals? Not necessarily in volume but in it's purpose? It operates in a different market to silver and gold (it has similarities to silver in that it responds directly to industrial demand, although generally for different industries) and has some high premiums attached to fractional pieces (at least it does in the UK, and that's before the VAT we have to put up with is added which is admittedly something you don't need to worry about). 
    I'm not poo-pooing the idea of holding it by any means, but would be wary of buying it in place of gold as a financial hedge but then I suppose you could say the same about silver to some degree. All that said I have read a few things from folk who seem to know their onions that say there should be a huge upward movement for platinum in the not so distant future, so what do I know 🤣
    A blow hard answer to a simple question...
    From the two options, for the sake of forum fun, I vote silver. It's your spondulux though bud, so enjoy swapping it for shiny stuff whatever the choice.
  20. Like
    wilspeak got a reaction from Arganto in Should I buy $100 in silver rounds or a 1/10 Platinum coin for $156   
    I am a Silver , gold and Platinum stacker. Since silvers spot prices have fell and silver is a bit cheaper Should I buy $100 in silver rounds or (one) 1/10  Platinum coin for $156. I want to add to my silver stack , but I have a lot of silver , but the premiums are down right now , then I also want to build up my Platinum stack... what would you do? Thank You in advance 
  21. Like
    wilspeak got a reaction from DuperDash in What brings you to this hobby   
    These are my 2 investment pieces 


  22. Like
    wilspeak got a reaction from SilverStorm in What brings you to this hobby   
    These are my 2 investment pieces 


  23. Like
    wilspeak got a reaction from LawrenceChard in Would you get into this new series?   
    LawrenceChard , You made a good point >> "I do believe people should be aware that they are not a mint, and not owned by the New Zealand government." Because I did think the NZM was a Government Mint. Thank You for informing me of that fact that the NZM is not govt owned and operated. This is the  first silver  coin in the Star Wars faces of the Empire series has arrived to join my silver and gold stack. I do think the box could be of better quality  
  24. Like
    wilspeak reacted to LawrenceChard in Would you get into this new series?   
    The last time I spoke to them was with someone called Gary.
  25. Like
    wilspeak reacted to Arcadian in Would you get into this new series?   
    I apologise for any misunderstanding, it's a long-standing personal mistrust I have for any business that calls itself a misleading name.  A quick Wikipedia shows: A mint is an industrial facility which manufactures coins that can be used as currency.
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