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MetalMandible

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    United States

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  1. Haha
    MetalMandible reacted to dicker in Sovereign tattoo   
    This fine gentleman is not alone. Here is one, presumably from one of our American cousins.  
     

    And another…

  2. Like
    MetalMandible got a reaction from Muncle in American Silver Eagles for $19.00? Has anyone heard of this company?   
    There are no legit American Silver Eagles being sold by any company, anywhere, at this time for $19. Period.
  3. Super Like
    MetalMandible got a reaction from stefffana in Graded eagles addiction   
    While I have enjoyed buying plenty of bullion type 1 Eagles in the past, I could never justify slabbed examples.  The prices for graded 100+ year old silver dollars always seemed to make more sense from a collector standpoint.
    Your ultra cameos are very nice to look at though!
  4. Super Like
    MetalMandible got a reaction from stefffana in American Silver Eagles for $19.00? Has anyone heard of this company?   
    There are no legit American Silver Eagles being sold by any company, anywhere, at this time for $19. Period.
  5. Like
    MetalMandible got a reaction from ArgentSmith in American Silver Eagles for $19.00? Has anyone heard of this company?   
    There are no legit American Silver Eagles being sold by any company, anywhere, at this time for $19. Period.
  6. Super Like
    MetalMandible got a reaction from HonestMoneyGoldSilver in American Silver Eagles for $19.00? Has anyone heard of this company?   
    There are no legit American Silver Eagles being sold by any company, anywhere, at this time for $19. Period.
  7. Like
    MetalMandible reacted to GoldCore in Should We Worry About The Strong US Dollar?   
    Over the August period, it’s easy for people to switch off and to some extent, it might feel like the precious metals have been doing the very same!
    However, if you look at the YTD performance of gold across key currencies in the World Gold Council table provided below then you will take some heart that things aren’t so bad (especially if you bought in Turkish Lira!).
    But it does seem as though gold and silver have been under some pressure of late. This is largely thanks to the strengthening US dollar and US Treasury yields (they reached a 14-year high right before Labor Day weekend). Oil prices have also been rising.
    Interest rates and currencies have been relatively stable. All whilst the rest of the market seemed to take a bit of a tumble earlier this week. Why is this? Because things are looking up across a number of sectors and so there is a (new) expectation that the FOMC will keep interest rates at these relatively higher levels for longer. Therefore, it’s more attractive to hold US dollars than other liquid assets such as gold and silver, right now.
    Why Is the US Dollar So Strong?
    The strength of the US dollar is largely thanks to the fact that it is currently the biggest, bestest bully in a bad bunch. So strong is the US dollar against other currencies (namely Asian currencies) that both the Chinese and Japanese central banks have issued statements to warn that they will defend themselves should they feel the need to.
    This strong US dollar will exacerbate inflation across the world, of this we have little doubt. The majority of commodities (including oil) are priced in dollars. This makes imports expensive and so causes inflation to rise in countries that are already struggling with housing crises, cost of living crises and currency weakness.
    Weak growth across China (and calls for intervention from the central bank) is only boosting demand for the dollar more, as international savers and investors flock to it.
      Meanwhile market expectations suggest that both the UK and Eurozone may lower interest rates, sooner than the US given their own sluggish performances of late. This will only serve to boost dollar demand as it maintains its top-dog status when it comes to interest rates.
    There is little doubt that the US Treasury yield curve is the most important economic indicator right now. Since July 2022 it has been inverted and in the last month or so it has been steepening as long-dated rates have risen faster than short rates.
    A situation like this is tricky for assets such as gold. Investors tend to look at a yield curve such as this and expect that we are heading into a period of reflation and (therefore) further interest rate hikes. So, it is likely to be a tough period for gold. Especially, if we see periods when long and short term rates rise together.
    Why Do You Buy Gold?
    However…we always come back to this – why are you buying gold? Because it outperforms the dollar? No.  Because it makes you a quick buck or two? No. You buy gold because it’s insurance for your portfolio.
    As perverse as it sounds – all the reasons why the US dollar is doing so well are the exact reasons why you should buy gold and hold onto it.
    Just because something is doing well, doesn’t mean that it is well. The US dollar is doing well relative to other currencies. The US country is doing well relative to other countries, largely because of dollar hegemony. This does not mean that the dollar is a safe asset.
     Currency markets are fickle. Think back to a few months ago when they were betting against the dollar. Expectations were that rate rises in the EU and UK would put pressure on the dollar, short positions were increasing. And, don’t forget the BRICS warming themselves up to use the dollar less and less.
    Patrick Karim on gold, inflation and the next break out
     
    It is still suffering and will suffer more, from the effects of very poor monetary policy. The currency and the economy have been inflated to never-imagined levels and the country is in a level of debt we struggle to write down numerically, in full.
    You do not buy gold because it is a competitor to a fiat currency, you buy gold because it secures your wealth when your portfolio is suffering the effects of decades long monetary abuse.  A slow month or two for gold is not a sign that things are doing well, we would perhaps see this latest US dollar strength as the fat lady enjoying her moment, singing her head off.
  8. Like
    MetalMandible reacted to BipolarStacker in What is the beat gold coin and weight   
    I agree to this but surely stratigacally there must be a better coin 
  9. Super Like
    MetalMandible got a reaction from stefffana in Morgan Dollar Price Rises   
    The premiums for all 90% U.S. pre-1965 silver are up substantially since around the start of the "pandemic".  It has outpaced nearly all other forms of stackable silver aside from maybe Silver Eagles.
    Of course, there has always been a difference between 90% dimes, quarters, and half dollars Vs classic silver dollars among investors in general.  When looking at the pricing of "BU" examples, the collector side of that spectrum tends to REALLY generate momentum, some would argue a tad overblown.
  10. Like
    MetalMandible reacted to Minted in Graded eagles addiction   
    I have a 2022 first strike.  Part of my '22 collection rather than an eagle collection though.

     

  11. Like
    MetalMandible reacted to Skelator88 in Graded eagles addiction   
    Is there anybody else on the same boat as me when it comes to graded eagles. I especially like the older square brown labels.
     
    trying to complete the equivalent proof and bullion versions. I have a few on the way across the pond to plug the gaps. 
     
    I also recently started the commemorative $1 coins graded
     
     
  12. Like
    MetalMandible reacted to nunoelias in Collecting Silver Eagles - Does the year matter?   
    Great way to put it. Thank you!
  13. Super Thanks
    MetalMandible got a reaction from HonestMoneyGoldSilver in Collecting Silver Eagles - Does the year matter?   
    As a longtime purchaser of Silver Eagles who knows many other U.S. stacker/collectors, the order of preference generally seems to boil down to:
    1996 > 1986 > any other Type 1 date (older occasionally = more desirable) > Type 2.  
    This is only for standard bullion coins in identical condition and does not include proof/ reverse proof/ any other special versions.
  14. Like
    MetalMandible got a reaction from Minted in Collecting Silver Eagles - Does the year matter?   
    As a longtime purchaser of Silver Eagles who knows many other U.S. stacker/collectors, the order of preference generally seems to boil down to:
    1996 > 1986 > any other Type 1 date (older occasionally = more desirable) > Type 2.  
    This is only for standard bullion coins in identical condition and does not include proof/ reverse proof/ any other special versions.
  15. Thanks
    MetalMandible got a reaction from nunoelias in Collecting Silver Eagles - Does the year matter?   
    As a longtime purchaser of Silver Eagles who knows many other U.S. stacker/collectors, the order of preference generally seems to boil down to:
    1996 > 1986 > any other Type 1 date (older occasionally = more desirable) > Type 2.  
    This is only for standard bullion coins in identical condition and does not include proof/ reverse proof/ any other special versions.
  16. Like
    MetalMandible reacted to Leonmarsh in Ebay buyer switches gold coin and returns a fake will I be protected as a seller ?   
    If you have his address go and pick up your coin I have down that before 
    Hi give me my coin or I will fold you up like a deck chair in front of your kids then bum your missus on the front lawn worked for me he got the message and have me my coin 
     
     
  17. Like
    MetalMandible got a reaction from Ducat916 in Today I Received.....   
    2023 Morgan Silver Dollar Proof
     


  18. Like
    MetalMandible got a reaction from BullionBob in If you came into a bunch of monay today, what would you do with it?   
    It would be monster box time, baby!

  19. Haha
    MetalMandible got a reaction from HonestMoneyGoldSilver in If you came into a bunch of monay today, what would you do with it?   
    It would be monster box time, baby!

  20. Haha
    MetalMandible got a reaction from Aldebaran in If you came into a bunch of monay today, what would you do with it?   
    It would be monster box time, baby!

  21. Haha
    MetalMandible got a reaction from AuricGoldfinger in If you came into a bunch of monay today, what would you do with it?   
    It would be monster box time, baby!

  22. Like
    MetalMandible reacted to JamesH in U.S. Mint 2023 American Liberty Gold Coin and Silver Medal Images.   
    Utterly beautiful. The Bronco is my favourite gold coin but sadly out of my range. Hope this one does just as well for you, beautiful coin. I’m waiting on the silver medal version 👍🏼
  23. Like
  24. Like
    MetalMandible got a reaction from Minted in 2023 Morgan & Peace Dollars   
    Morgan proof arrived today, absolutely spectacular.


  25. Like
    MetalMandible reacted to SilverPlatinum in USA & Canadian Coins Thread   
    American Liberty 2023 High Relief Gold Coin

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