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SendYourCoin2Me

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Posts posted by SendYourCoin2Me

  1. On 09/06/2021 at 18:22, Spark268 said:

    I wonder how much silver there actually is versus that of gold; through recent history silver has been used up in a lot of industrial applications and has not been worth enough for it to be used as a store of wealth compared to gold. There may be 8-12 ounces of silver for each oz gold in the ground, but above ground there's likely to be less AND definitely not close to the >64-1 to one ratio as implied by the price.

    Besides the ETF, there are no large stockpiles of silver as there is with gold. There's only so much times you can raid your grandmother's candlestick set.

    There's no silver shortage or a squeeze on an absolute basis, but yes the supply is restrained (very low stocks at the retail investment level) and strong industrial demand due to the 4th industrial revolution. The supply and demand picture for silver has never looked better. Whether this is is reflected in the price or not is the question; and given that the silver price has not moved much since last summer the price expectation is only higher.

    Agreed on Palladium; but platinum is better. It performs the same function, and factories have had enough time to reconfigure.

     

     

     

     

    You asked how much silver vs gold?  Visual below courtesy of demonocracy.info

    Screenshot_20210730-203140_Samsung Internet.jpg

  2. 5 hours ago, 272 said:

    Don't know what the justification is but I think at least one person on this thread has fallen foul of it.

    I placed an order, with a debit card, for the 3x 1g gold ingots to be given as Christmas gifts to family members.  I failed the credit check.  Turns out my autocomplete software had put my middle name in the surname box.  They had failed to find a credit score for this mythical person at my address.  I gave it up as a waste of time rather than update it and let them do a hard credit search on my file.  It was only for £151 paid on a debit card after all. 

    Harrington & Byrne now have an order for 4 quarter sovereigns at £99 each instead.  I'll be keeping the 4th for myself, but probably not bother running off to the vault with it 😁 

  3. 2 hours ago, Ushao said:

    Recieved "Proclamation of the Irish Republic - €50 Gold Proof 2016". Thanks to the gold deal section for my first piece of Gold. 💛IMG_20200615_173038.thumb.jpg.0967e0fe9773739ff1681bcb08729e72.jpgIMG_20200615_173049.thumb.jpg.2ebb7ac933aa5700ba0812b7b576c165.jpg

    The Mint in Ireland must wonder why these are so damn popular all of a sudden.  I had a look at their site and almost everything is sold out, these are one of the exceptions.  Not for long at this rate mind you.  The ones I saw on their site were in presentation cases though.

  4. 7 minutes ago, Miganto said:

    And yet through their front page link its £199 still?

    Their site is odd....

    https://harringtonandbyrne.co.uk/2019-queen-victoria-200th-anniversary-gold-proof-quarter-sovereign-3492.html

    Yes, i used the product link on one of the many, many, many posh letters they send me every month.  I reckon i get 5+ a month. Normally punting  hugely overpriced proofs.  Or last week it was a proof silver krugerrand and they wanted about £130 🙄 i want 7 or 8 krugerrands for that much money lol. Proof krugerrand? Naaaah lol

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