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sixgun

Silver Premium Member
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Everything posted by sixgun

  1. 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
  2. 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.
  3. 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.
  4. 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.
  5. sixgun

    Bit of advice

    Many years ago i used to put a set amount in investment trust savings schemes every month. ISA's were also good. i would put money in on direct debit. A big favourite of mine was Fidelity Special Situations. Due to the twists and turns of life all these got cashed in. If i had carried on there would have been £100's of thousands in them. A very common recommendation i have heard over the decades has been the trackers and they have done alright over time. At the moment certain markets are massively overpriced. Price to earnings ratios don't seem to get mentioned anymore b/c they are meaningless with a lot of stocks. Companies that never made a profit are trading in the stratosphere. i just happened to be looking at Shopify on Yahoo finance. Shopify provides online shop websites for those who want an online presence. They are moderately popular. The stock price is $1235. The company is valued at $152 billion. They were running at a loss but managed a first time profit last year of $319 million. That would give a PE ratio of 476. That is beyond ridiculous but this is not unique and fund managers are investing in these stocks. The indices are heavily dominated by a handful of stocks. The indices rise and fall on the price of this handful of stocks. So although you might think you have diversified by investing in an index, you haven't. i have expected a crash for the last 5 to 6 years. There is going to be a reset, a big calamity at some point. The fiat system is unwinding. Putin it appears recently fired a shot across the bow of the Western financial system and warned about backing the Ruble with gold. He will have been speaking for his Chinese friends at the same time. If i were to do it all again, i would put my monthly money into an equivalent of 'Fidelity Special Situations', something investing in (very) alternative markets, not the massively overinflated bubble stocks we have on the Western exchanges. i toy with the idea of investments in places like Iran and the Stans for example but this is only for the (very) brave and not nearly as easy as putting £300 a month in a AXA US / UK tracker fund. So at the moment i put my funds in miners - gold, silver and uranium. i have some in agriculturals and other commodities as well as in Russia and China. i would not invest in bonds. Bonds have done well since the 80's b/c interests rates were very high and then have fallen. If you could have locked into a 20% yielding bond with a long maturity, when yields fell to 10%, the bond would double but you still got the 20%. When the bond fell to 5% it would double again but you still got the 20%. Now yields are so low, unless they go significantly negative there's nowhere to go but up in yield and down in bond prices. Inflation is picking up. This has been denied for years but it is reaching a point it can no longer be denied. Who is going to buy a bond at 1% when inflation is at 10%? If i were to advise someone else i would say buy gold. Buy some nice gold coins off the Silver Forum. Sovereigns and half sovereigns are good b/c they are generally a decent price compared to spot and they are small, plus there is no CGT. All these reasons and others that have been repeated many time before. This is a no brainer. We are heading into turbulent times. Inflation is going to rip your bond portfolio to shreds. A lot of the bubble unicorn stocks will crumble and evaporate. Some stocks will do fantastically well but you have to pick and buy them first. But gold is a no brainer, so pick and buy a few sovereigns.
  6. sixgun

    Bit of advice

    i could throw out a lot of stocks you might look at but 300 quid a month is not really enough when it comes to stocks IMO - certainly not to diversify across a number of stocks even in one sector. If you pick up a few bits of gold over the longer term you can't really go wrong. Sovereigns can look like pennies in a pocket or purse. Excellent to cross borders with.
  7. Yes and i have seen discussions here about all the Royal Mint new releases. How they are overpriced. That many are poor value. A scam really fleecing gullible collectors. The tonnage of silver to make these overpriced articles doesn't amount to a hill of beans. Now go to the Royal Mint site to get some Una and Lion silver bars Awaiting Stock 1 oz bars https://www.royalmint.com/invest/bullion/bullion-bars/silver-bars/una-the-lion-1oz-silver-bar-minted/ Awaiting Stock 10 oz bars https://www.royalmint.com/invest/bullion/bullion-bars/silver-bars/una-the-lion-10oz-silver-bar-minted/ 100 oz bars - 53 in stock. One of the biggest mints in the world and popular items are effectively sold out.
  8. There are second hand coins on ebay b/c people are putting them up for sale. There are coins on TSF b/c people are putting them up for sale. There is no shortage in the secondary market but have you noticed the premium sellers are asking? Were you around say 18 months ago when the silver coins were as cheap as chips on TSF? Picking up 10 Thalers on the secondary market is not the same as going to the refinery with an order for 10 tonnes of 1000 oz bars.
  9. Can you buy a bullion American Silver Eagle off the US Mint website? https://catalog.usmint.gov/ Can you buy some Royal Mint coins off their website that are not an arm and a leg? What i can see on the mint sites is highly priced coins. Good business selling these i suspect. If the mints completely shut up shop then this telegraphs to the whole world that it has hit the fan. But there have been problems. At the US mint they put it down to changing the ASE design - yeah right. Here we see problems at the Austrian mint. i went to Atkinson's to see what the situation was with monster boxes of Britannias. https://atkinsonsbullion.com/silver/silver-coins/2021-silver-coins/2021-uk-britannia-1oz-silver-coin-monster-box-of i found that uninformative when i could crank up my cart so high it was more than all the available silver in the world. The mints have got to keep producing sets of coins. The dealers have got to have some coins or else it becomes obvious to everyone looking. The Royal Mint stops producing any coins? A spokesman said we have stopped making coins for the foreseeable future. That isn't going to happen - it is a triple red flag and it isn't going to happen until there is no silver at all.
  10. So many good silver memes appearing - they appeal to my way of thinking, so i will collect some together. Here's a Yellenstains silver meme to start.
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