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sixgun

Silver Premium Member
  • Posts

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Everything posted by sixgun

  1. To be fair you presented a chart on Sunday 30th May 2021 where the price of uranium fell to $16 a pound. Cameco has today fallen $0.76 from its $19.93 price on Friday 28th May. There will always be pull backs along the way. You presented a chart where there was a linear fall in the uranium price to $16.81 in 2026. Should i hold you to that? The silver bet runs out in 2023 so we could then double up of this 2026 bet. Motley Fool posted a cluless article about the pull back - https://www.fool.com/investing/2021/06/14/why-uranium-energy-cameco-corporation-and-nexgen-e/ i see there was a 'false' report about China about a leak. Perhaps Rick Rule put the story out. i expect this was another BS story to go with all the other anti-China propaganda from the dying US empire.
  2. Still selling PUTS and CALLS in GME. Requires fairly deep pockets as the brokers don't apply margin to these very volatile options..
  3. sixgun

    Averaging cost

    We will never see £12 silver again. i do not know what my average price is. i have bought at £12. i got 100 Somali Elephants in a special offer from Silver-to-go - it worked out at £11.85 delivered. The exchange rate was decent and it was a special offer. I never ever expect to be able to repeat deals like that, not even on the forum. My advice is to buy when you see value. The authorities have finally admitted there is inflation in the system. Physical assets won't be dropping significantly in price when currencies are going down the toilet.
  4. i think i pay mine on a bank card. You don't have to be a premium member to sell on the forum. The main benefit in my opinion is you can see my Covid-19 thread and incidentally see all the for sale items as soon as they are posted.
  5. This is Golden State Mint design. https://www.goldenstatemint.com/1-10-oz-incuse-indian-gold-round.html i note on the indian side at the points of wear, the defects on highest image magnification, appear to have an edge. It made me wonder if it were plated. Personally if i have a doubt about any coin or bar i leave it.
  6. For years the silver miners were selling their silver at a loss. It is not the buyer's that manipulate the prices. It is the likes of the Exchange Stabilisation Fund and the BIS that instruct trading houses to dump billions of ounces on the market in a matter of minutes. The BIS gold desk runs an options book worth $trillions in OTC derivatives. Just today i heard Maguire comment that as if by magic at the most recent 30th May 2021 OPEX, the gold price got rammed down and at the time was one tick below the $1900 strike price for the BIS options at $1899.95. Can you believe it? i can b/c i have seen it again and again............. and again. Give them OUR gold.
  7. https://www.tfmetalsreport.com/blog/8075/42-years-fractional-reserve-alchemy
  8. Yes i saw that video of Mario's. Things like this do not happen in HH's world. He should listen and take notice of the pirate more me thinks.
  9. This is one of the reasons i put you on ignore. i wasted so much time trying to point out the market manipulation. So many times pointing out banks creating currency out of thin air and silver out of thin air is a swindle - but you would never have it so i gave up. This is the point of #silversqueeze. It is taking physical silver out of the system. The Sprott PSLV for example is being heavily supported by Wall Street Silver - they are taking many millions of ounces out of the system and paying a premium to do so. This is causing the 500:1 paper to physical circus at the LBMA to unwind. It will cause the Ponzi scheme to collapse. It will eventually do that because this is relentless - Wall Street Silver now has 112k members and constantly growing. Kinesis is growing. There are more and more putting their shoulder to the wheel and we will push this monstrosity over the cliff. You no doubt will say it is the market in action and for once you will be correct.
  10. @HawkHybrid Indeed there is a lot, lot more to the end of that story. i hear that Macron this week is noted to '...Urges G-7 To Sell Gold Reserves To Fund Bailout For Africa' Why doesn't he get the ECB to create a few €billion for the alleged bailout rather than selling gold? Surely he isn't interfering in price discovery. He should have a chat with One Eyed Gordon with a brown bottom about dumping gold on the market and how it doesn't work unless the intention is to bail out criminal banks like Goldman Sachs. i read that a famous billionaire 'trader' was reported this week that Markets participants will continue to ignore risks “until the Fed stops canceling market signals,” hedge fund pioneer Stanley Druckenmiller wrote Thursday. What is Stan the Man saying here? Surely he isn't inferring that the powers that should not be are interfering with price discovery. That there is no price discovery. We remember Richard Nixon took the USD off the gold standard and shortly after the COMEX paper casino was started. Wikileaks disclosed documents that proved the intention was to keep Americans from hording gold. Feed the masses with paper promises. Paper is cheap. Bill and Ben don't make the rules, that is left to the so called authorities who act on the instructions of the likes of the BoE, the Fed and above all the ESF. This is not a free market - it is a rigged system.
  11. Paper traders are betting on a 'horse race'. And that is the issue, this isn't trading in physical silver, it is bets on what the price of physical silver will be. i have nothing against people betting on 'horse races' but what is the issue is that those betting on the horse race are determining the result.
  12. There are scam monkeys and chancers everywhere.
  13. https://www.apmex.com/product/104689/1-oz-silver-round-leonardo-da-vinci-antiqued-two-coin-set
  14. No-one has been to the Moon. They just pretended they did. You can't travel through the Van Allen radiation belt and survive.
  15. Of course the price of silver will rise. There is inflation in the system. It cannot do anything else. The question is not whether the price will rise - that is 100% certain. The question is, will the value rise?
  16. Or maybe buy low, sell high.
  17. That floor safe is not that big but would be ok for a lot of gold - gold doesn't mind being in the damp - silver would tarnish. The 1.3 tonnes safe i posted a photo of would deal with anything. The issue is no-one could get into it but if someone ran their mouth off and determined thieves came they would know there was something worth taking - they might come again when you were in and bring a shotgun in an attempt to force you to hand over the keys. The thing with hiding precious metals is most people don't have precious metal so unless you are loose with your lips it is not to be expected. Gold is easy to hide. There are wall plug safes that actually work. i had a loose skirting board i accidentally discovered - i hide stuff in there and no-one would know. There are places that can be disguised. i can think of places i can see as i am sat in my living room that with a little bit of work could be made into excellent safes no-one would expect.
  18. This guy misspeaks in the video when he says gold required 85% Required Stable Funding. Paper gold will need that rather than the current 0%. Allocated physical gold the institutions actually hold, this is tier 1 and so the RSF is 0%. The obvious difference between gold in the bank's vaults and a promissory note for gold is highlighted. As i understand it the funding required to do paper gold trades suddenly jumped and this will make dealing in paper gold much less attractive.
  19. When i looked at the safety deposit boxes they did not look very big for a lot of money to rent. Certainly no good for silver stackers. If a person were in one location i would ask what about a floor safe under the fridge or the freezer or the sideboard. Under the bath if you have the conventional bath with bath side. Who is going to think to take the bath panel off to look for a floor safe? https://www.esedirect.co.uk/p-4454-sealey-key-lock-floor-safe.aspx
  20. https://www.ebay.co.uk/itm/284175902182?hash=item422a3425e6:g:ILcAAOSwWHhgH9xf
  21. Well it is a penny or something like a penny - the DEI GRA is DG on a sovereign. A penny and a Churchill Crown - neither of these coins are worth a plug nickel. This is why they do not give a description and do not show the other side of the coins. 100% SCAM
  22. No description given - hmmmm - even old timers are left wondering. Could it be a half sovereign or a full sovereign? Very worn. Could it be fake? Only one side of the coins shown. STEER CLEAR - these deals often end in tears. The Silver Forum is a good place to buy. Buy from an established member with a decent trading record. You won't see the coins as they are posted unless you are a premium member but not everything goes in the first few days. Generally members recommend starting with sovereigns and half sovereigns - the ones you can see photos of both sides.
  23. The top one looks like a George V sovereign or half sovereign. It is very worn when you compare. The Elizabeth II young head coin - no idea on that one. TBH i would steer clear of this lot - there is something of a dodgy feel to them.
  24. i think i would be guided by what is happening in Germany. There are lots of coin shops over the border. Stick to coins. Take a look at https://gold.de which is a good price comparison site for Germany. There are Danish gold coins from the past. You might like to collect these. https://www.bullionbypost.co.uk/world-coins/danish-kroner/20-kroner-danish-gold-coin/ If people do not appear keen on gold in Denmark you might find to buy and sell is better in Germany. Coins from the major mints are usually at better prices and widely recognised. i would be guided on what represents good value in the German online coin shops. If it is good value, then there is likely demand and a liquid market. Steer clear of bars - they are not as trusted as coins - too easy to fake.
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