adamantio999

Been there three times in the last couple of years. Nice place, very good service, and they offered reasonably good selling prices.

I've read or heard from time to time about the slow destruction of the Turkish Lira in recent year. Process accelerated during the pandemic with a 10-15% monthly inflation. Then I came around these articles: https://www.reuters.com/world/middle-east/turkeys-erdogan-repeats-call-citizens-convert-forex-gold-holdings-2021-03-29/ https://balkaninsight.com/2021/03/24/erdogan-urges-turks-to-sell-gold-to-support-collapsing-currency/ Erdogan wants a good old redistribution of wealth... I mean, re distribution from the people to the government. After all, why would you ever hoard forei

Amazing. Great work. I wonder what kind of magnifying glass I would need to do the same with my quarter ounce 😆

I agree with all of you. I live in the UK. Just checked the history of my online orders with three dealers. Last silver purchase (five 1 oz britannia 2021) was on december 2020. Second last (five 1oz britannia 2020) was on june 2020, almost a year ago. Given up on silver right now. Just buying a quarter ounce gold britannia every couple of months when I have free cash.

There are many patterns in history repeating or rhyming themselves. One I saw very often is a goverment (democracy, dictatorship, empire or monarchy) of a powerful civilisation deciding to spend more than it could afford or collect in taxes, and deciding to "export" its financial problems by expanding its territory and subjugating other civilisations. The example of the Nazy Germany was lampent. Its economic miracle pre WW2 was no miracle. It was currency creation and desire for "lebensraum" (living space), which pushed Hitler to invade Europe, in order to export paper reichsmarchs and steal

Thanks for the article. Thah gold must have been another of the lootings carried on by the Wehrmacht and SS during WW2. "Exporting" worthless paper Reichsmarchs on occupied countries, and stealing all the natural resources, agricultural output, and of course Gold.

Welcome to the club @Goldtion. The first purchase is the sweetest. Until you'll buy the next. And then the next 😎

I live in the UK, where I bought all of my gold and silver in the last 3-4 years. Not much, ten ounces of gold and a couple of hundred ounces of silver. For geographical diversification, in the last couple of years I moved to Italy (my homecountry) half of my precious metals. One bit at the time, cause I return there twice a year. Simply putting in my hand luggage a gold ounce (either the full ounce or four quarter ounces) and the 20-25 silver coin tube. Well below the 10k £ (or euros) threshold. And luggage through the scanners in nonchalance 😇. (Almost) never been stopped or asked

Haven't been buying for some time

I personally prefer coins (for gold), and whichever of them for silver

I am asking a question for which an accurate answer probably does not exist. Let's assume a "western country", like the UK, but it could be the USA, Germany or France. And let's not take into account just investors but "normal people". What's the percentage of the population stacking precious metals?

Looks wonderful

Fantastic. Well written 🙂

I voted for Buying Gold & Silver, but I'm also positioned in cash