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KevinFlynn

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    Germany

Reputation Activity

  1. Like
    KevinFlynn reacted to trp in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    🎅 Todays prize tickets (Draw #1)
    @Neilwillow with ticket number 51 gives their prize to @mr1030 with ticket number 62
    @GrahamDiamond with ticket number 22 gives their prize to  @Bullionaire with ticket number 56
    @Pandao with ticket number 39 gives their prize to @RYAN05 with ticket number 37
    @mr1030 with ticket number 62 gives their prize to @CadmiumGreen with ticket number 75
    @sellerstacker with ticket number 23 gives their prize to @silversky with ticket number 47
    @MickD with ticket number 72 gives their prize to @Pandao with ticket number 39
     
    @Iacabu with ticket number 10 gives their prize to @Jamesd with ticket number 17
    🎄Please get in touch with each other to share your details!🎄
     
  2. Haha
    KevinFlynn reacted to Junior in Let's Break Their Backs - Down With The Silver Manipulators!   
    Whether you choose to believe that the silver market is 'manipulated' versus 'regulated' is your choice. But even in regulation, you have the notion that the market is not actually free to discover true price. For if something were to be unregulated, the price may become volatile and susceptible to the market's supply and demand mechanism. So whether your stance on the silver market is that it is unfairly 'manipulated' versus justly 'regulated' is irrelevant. The truth is, it's not under your personal control, it shouldn't be under your personal control, and it shouldn't be under anyone's personal control. The only controlling force should be the free markets and if we truly had free markets, silver would not be lagging the way it has been for decades.
    I urge all who read this, spread it like wildfire. The free markets are the people, the consumers, the end users of the physical! Not paper pushers!
    Some have said that the silver market has been leveraged to the sum of 250 paper ounces of silver to 1 physical ounce of silver. Is this true? Do we have proof of this? Who can supply the truth behind this? We can! We don't need to research what large companies have paper interests to discover whether or not the silver market is rigged. We can find out much easier than digging through article after article to see who's got their hands in the silver market through paper contracts. We can do like the Hunt brothers did in the 1970s up to 1980, we can buy silver and we can buy a $h!t ton of it! The Hunt brothers worked to accumulate around 100 million Troy ounces of silver and this caused the price to rise from $11 (USD) per ounce in September 1979 to $50 (USD) per ounce by January 1980. Two men bought 100 million Troy ounces.
    I'm not seeking two men willing to buy 100 million ounces. I'm seeking anyone willing to buy a single ounce, 5 ounces, 10 ounces or more. Whatever you can afford to buy responsibly, buy it. Give a gift this Christmas to someone in your family who has never felt the weight of a 1 ounce silver coin. Buy an ounce of silver for yourself to add to your stack. Discuss silver with an interested party who has never made the leap into the physical bullion market. You learn a lot about people by listening and having simple conversation. Is this feat possible? Can we as a community buy 100 million Troy ounces of silver this holiday season? Sure we can.
    1 person buys 100 million Troy ounces = $2,480,000,000 (USD)
    10 people buy 10 million Troy ounces = $248,000,000 (USD) each
    100 people buy 1 million Troy ounces = $24,800,000 (USD) each
    1,000 people buy 100 thousand Troy ounces = $2,480,000 (USD) each
    10,000 people buy 10 thousand Troy ounces = $248,000 (USD) each
    100,000 people buy 1 thousand Troy ounces = $24,800 (USD) each
    1,000,000 people buy 1 hundred Troy ounces = $2,480 (USD) each
    10,000,000 people buy 10 Troy ounces = $248 (USD) each
    100,000,000 people buy 1 Troy ounce = $24.80 (USD) each
    Think 100,000,000 people buying one single ounce of silver is not feasible? How about 10,000,000 people buying 10 Troy ounces? I know the perfect 16,378 people to get this fire going...
     

     
    Let’s break their backs!
  3. Thanks
    KevinFlynn reacted to stefffana in Best Silver to Stack UK   
    Hi, @ArgentSmith,
    I will tell you what I am thinking about stacking silver. It is the same answer for the question asked by @Bigmarc in April in another very interesting topic on forum:  "How much silver to hold? " see https://www.thesilverforum.com/topic/46885-how-much-silver-to-hold/?tab=comments#comment-500609.
     
    So, I've done copy/paste on here to answer at your very good question. My calculations from April are still pretty accurate even in November, at that moment the silver spot price was £18.42/g, very close to £18.39 at the time of typing. I didn't check again the silver prices at dealers to update everything, but this is the idea:
     
    " I believe the real potential of silver is in spot price, not in premium. So, now I am stacking only low premium silver, very easy to sell near spot price (1000g,  500g bars, old british currency, and scrap ). I sold already all high premium coins and I've converted all in sovereigns and another silver low premium.
    Why? Because in next future the industrial demand will generate a rise in spot price and my stack's value will increase and I will do profit only waiting. The shiny silver coins ( now at spot + 60-95% ) will lose from their high premium when the spot price will be high. The market demand will be for cheap silver, not for expensive coins. 
    I can't understand why people are interested to pay now for a silver 1oz coin £28 - £35, equivalent at £18.42 spot price + 52% to +95% premium, when the same metal can be bought easy at 0 to 30% premium in a different shape. I am not talking about numismatic or collectible products. This is another story, I don't know this game, I am talking only about pure stacking.
    About quantity... Depends on your style of life, your age, your plan of retirement, depends on what you want to give to next generation. But a minimum one is around 15kg silver and equal value in low premium gold in your stack.
    This is my opinion, I am not a guru in PM, but I prefer to stay safe, speculating only the spot price and ignoring high premium products. 
     
    Let's imagine a scenario, using today's spot price £18.42/oz silver and a future potential spot price x2.5 = £46.05/oz silver.
     
    John bought today from a dealer 1 kg bar, paying £790.62, VAT and shipping included. This is £24.58/oz, +34% premium.
    Jane bought today 32oz (app.1 kg) silver Royal Arms and she paid £1129, VAT and shipping included. This is £35.28/oz, +91.5 premium.
    After few years, the spot price is £46.05/oz = £1480.7/kg and it is time to sell. 
    John will sell quick 5% over spot, having in hand £1554.7. His pure profit is £764/kg.
    Jane will struggle to sell at 30% over spot, but because the spot is so high, she will accept finally only 10% over spot, having in hand £1628.7. Her pure profit is only £499/kg.
    It is a difference of £265/kg between John and Jane. If the stack is 15kg, the difference is £3975.
     
    But let's talk about Bob. He bought today 1kg scrap silver at spot price. He paid £592. He sold his silver in the same day as John and Jane at spot price, having in hand £1480.7. His pure profit is £888.5.
    Position in this game:
    1. Bob:   £888.5 profit/kg;
    2. John: £764 profit/kg;
    3. Jane: £499 profit/kg.
     
    This is rough, because in reality, Bob was able to buy more scrap than John and Jane, using the same money.
    If we are talking about the same money invested, the difference is huge.
     
    Let's compare now only Bob and Jane, to be more visible this difference.
    Jane paid £1129/kg for Royal Arms and Bob used the same money, buying 1.9kg scrap silver.
    Jane is selling after years at £1628.7 with profit £499.
    Bob is selling after years at £2813.3 with profit £1684, with a difference between them of £1185.
    If the stack is 15kg, the difference of profit between Bob and Jane is £17775.
     
    This is the reason I am trusting in spot price, not in premiums.
    I hope my explanation was clear enough for all new stackers. I know, it is difficult to see the real potential of scrap. But from scrap to treasure it is only a little step.😊 When you will see here scrap silver at spot price, do not hesitate and buy quick!😁
    Happy stacking, guys, happy stacking! "
    Kindest regards,
    Stefan.
  4. Like
    KevinFlynn reacted to Charverdude in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    Plus I’ll add a (.400) us half dollar
  5. Like
    KevinFlynn reacted to Charverdude in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    I’ll put 1oz silver Britannia and I’ll throw in some Swedish .400 silver coin in too 😁
  6. Like
    KevinFlynn reacted to gji25 in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    count me in 1 oz rmc silver bar

  7. Like
    KevinFlynn reacted to arphethean in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    I would like to join this as well please. Sorry I'm late - missed my bus.
    Will disclose prize tomorrow!
  8. Like
    KevinFlynn reacted to CadmiumGreen in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    Here it is for the list…
    2013 Australia 1/10 Oz Gold $15 War In The Pacific Coin BU.
    Thanks @trp for pulling all of this together again this year!
  9. Like
    KevinFlynn reacted to trp in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    The list of participants and prizes that have been confirmed are up. Please let me know if there are any errors or if your name is missing.
     
    First numbers will be drawn tomorrow (22/11/21).
  10. Like
    KevinFlynn reacted to Gruff in Today I Received.....   
    Delivery yesterday, loving the QB completer

  11. Like
    KevinFlynn got a reaction from stefffana in Question on the spot price   
    Which is why I'm looking at USD prices when trying to identify a general dip or a peak.
  12. Like
    KevinFlynn reacted to Jammi3D in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    Please add me in, 1oz Silver Brit or 25 quid
  13. Like
    KevinFlynn got a reaction from AuricGoldfinger in Are you still buying gold now its went up in price?   
    I will, I have nothing else to buy... 😄
    I have no real idea when I would stop buying gold. I bought at under €1000 once, now I'm buying at over €1500 - I'm telling myself every Euro spent on gold is an Euro saved.
  14. Like
    KevinFlynn reacted to TheoX in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    I'm in with an American Eagle
  15. Like
    KevinFlynn reacted to mr1030 in Today I Received.....   
    Almost forgot.  He bought these just a couple hours before I arrived, and sold them to me for a great price.  The 2021 Philly, New Orleans, Carson City Morgan Dollars, and Peace Dollar that I missed out on their release dates.  I already have the Denver and San Francisco.


  16. Like
    KevinFlynn reacted to mr1030 in Today I Received.....   
    Went to one of my LCS's and picked up a few more coins for my U.S. Type Set.  1858 Small Letters Flying Eagle Cent, 1863 Copper-Nickel Indian Head Cent,  1883 "No Cents" Liberty V Nickel,  and an 1834 Capped Bust Half Dime.  Also picked up an 1836 Classic Head Half Eagle.  It won't be going into my Type Set as most modern albums do not have openings for the older gold designs before the Liberty Head design.  But I really liked it as soon as I saw it, and the older gold designs don't show up at the LCS very often.
    As usual, my cellphone camera washes out the colors a bit.  Coins are much more vibrant in hand.


  17. Like
    KevinFlynn reacted to lst65 in USA & Canadian Coins Thread   
    Hi resolution American Eagle and British Britannia. 


  18. Like
    KevinFlynn reacted to MickD in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    2019 Royal Dutch Mint Lion Dollar Restrike Proof.

  19. Like
    KevinFlynn reacted to AuricGoldfinger in Today I Received.....   
    Bought 5 sovs today!

  20. Like
    KevinFlynn reacted to Lordwolfsbeard in New Member   
    Hi all,
    Very much a newbie to the precious metals world and have started to move some money into gold and silver.
    Firstly I would like to say thank you for the tips and advice from posts I’ve read already.
    I live in and work in Somerset and am interested in building a balanced coin collection of silver/gold as and when I can afford.
    Many thanks.
  21. Like
    KevinFlynn reacted to Yorkshiremanc in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    I’m in 😊winner to have choice of either: 
    - Random 1oz silver coin in capsule or
    - £25 PayPal or
    - £25 charity donation of your choice or
    - £25 scratch cards
    In the process of sorting premium membership to be eligible 👍🏻
     
  22. Haha
    KevinFlynn reacted to Paul in Question on the spot price   
    I normally let a coin myself, to make my decision
     
     
     
  23. Like
    KevinFlynn reacted to BirdBullion in 🎅 2021 Christmas Prize Draws 🎅 Entry open Worldwide   
    I'm in for the draw! A little over 2 oz of pre-1947 50% silver coins (1 oz total of pure silver), approx 65g. Winner can choose a mix of shillings, sixpences, etc...
  24. Sad
    KevinFlynn reacted to James32 in Today I Received.....   
    Well we all make jokes about RM but I guess they like wee jokes too.
    Genuinely arrived like this rattling in the box and capsule chipped.



  25. Like
    KevinFlynn reacted to darkninja1985 in Today I Received.....   
    Got myself a 1/10th eagle courtesy of @Mrbigah 


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