sixgun

You had been saying there would be a fall for the best part of a year. The physical price went up - this is what matters on this forum - the price of coins went up and have never come down since. Gold is heading for an all time dollar high - the game has changed. You are a laughing stock on the forum - the members are interested in physical. i said to you i would take as much $4 silver as you can come up with. Gold has jumped over $20 tonight. It is what it is and price is not crashing but your advice to short gold and silver has turned out to be a car crash. i fully expect there will be pull backs but it isn't going to $4 silver of $400 gold.

 

You never accepted the first wager i offered you which related to $4 silver, so let's not get too excited about the 'next wager'. 
i am leaving this and Wonker's other thread - you should not mock the afflicted and i am tempted to mock. 
And by the way Wonky - the physical buy price of silver never fell - you couldn't get coins at those paper prices - the physical prices went up. All that happened is longs have started demanding physical and bullion banks have started pulling out of the metals business. They don't want to get caught short - the game has changed but you are still playing kiss catch at Infants School.

Wonger you haven't graduated to big boy pants - thankfully you are still in nappies b/c you messed yourself when silver just stormed through $22.

You never accepted the first wager i offered you which related to $4 silver, so let's not get too excited about the 'next wager'. 
i am leaving this and Wonker's other thread - you should not mock the afflicted and i am tempted to mock. 
And by the way Wonky - the physical buy price of silver never fell - you couldn't get coins at those paper prices - the physical prices went up. All that happened is longs have started demanding physical and bullion banks have started pulling out of the metals business. They don't want to get caught short - the game has changed but you are still playing kiss catch at Infants School.

Wonger you haven't graduated to big boy pants - thankfully you are still in nappies b/c you messed yourself when silver just stormed through $22.

You had been saying there would be a fall for the best part of a year. The physical price went up - this is what matters on this forum - the price of coins went up and have never come down since. Gold is heading for an all time dollar high - the game has changed. You are a laughing stock on the forum - the members are interested in physical. i said to you i would take as much $4 silver as you can come up with. Gold has jumped over $20 tonight. It is what it is and price is not crashing but your advice to short gold and silver has turned out to be a car crash. i fully expect there will be pull backs but it isn't going to $4 silver of $400 gold.

 

Hmmm it looks like the blue touch paper has been lit and the ignition sequence has started.
This is why i asked a couple of weeks ago, why is there so much metal up for sale? Were members hard up or did they think prices were going to do a Wonger? 

You never accepted the first wager i offered you which related to $4 silver, so let's not get too excited about the 'next wager'. 
i am leaving this and Wonker's other thread - you should not mock the afflicted and i am tempted to mock. 
And by the way Wonky - the physical buy price of silver never fell - you couldn't get coins at those paper prices - the physical prices went up. All that happened is longs have started demanding physical and bullion banks have started pulling out of the metals business. They don't want to get caught short - the game has changed but you are still playing kiss catch at Infants School.

Hmmm it looks like the blue touch paper has been lit and the ignition sequence has started.
This is why i asked a couple of weeks ago, why is there so much metal up for sale? Were members hard up or did they think prices were going to do a Wonger? 

The Wonger will maintain he is right and we are all out of our depths and have no comprehension.
The market has turned physical and then the smoke and mirrors stop working.
The SLV claims it has silver to the sky - but anyone will a grain of commonsense knows it doesn't have the bars of silver it claims - it will have paper promises that will never be delivered. The GLD is leasing gold, so it is pretending to be a gold ETF.
The bluff is being called with more and more longs standing for delivery - then his graph doesn't work like he thinks it does - the shorts are caught - unable to wriggle out of their huge short positions, unable to smash the price b/c that is handing a dagger to the longs, they don't have the physical, a gold and silver fever is building up and when it does price can really go to the Moon. Mr Wong doesn't comprehend the physical market dynamics - he is out of his depth.  
 

Hmmm it looks like the blue touch paper has been lit and the ignition sequence has started.
This is why i asked a couple of weeks ago, why is there so much metal up for sale? Were members hard up or did they think prices were going to do a Wonger? 

The Wonger will maintain he is right and we are all out of our depths and have no comprehension.
The market has turned physical and then the smoke and mirrors stop working.
The SLV claims it has silver to the sky - but anyone will a grain of commonsense knows it doesn't have the bars of silver it claims - it will have paper promises that will never be delivered. The GLD is leasing gold, so it is pretending to be a gold ETF.
The bluff is being called with more and more longs standing for delivery - then his graph doesn't work like he thinks it does - the shorts are caught - unable to wriggle out of their huge short positions, unable to smash the price b/c that is handing a dagger to the longs, they don't have the physical, a gold and silver fever is building up and when it does price can really go to the Moon. Mr Wong doesn't comprehend the physical market dynamics - he is out of his depth.  
 

The Wonger will maintain he is right and we are all out of our depths and have no comprehension.
The market has turned physical and then the smoke and mirrors stop working.
The SLV claims it has silver to the sky - but anyone will a grain of commonsense knows it doesn't have the bars of silver it claims - it will have paper promises that will never be delivered. The GLD is leasing gold, so it is pretending to be a gold ETF.
The bluff is being called with more and more longs standing for delivery - then his graph doesn't work like he thinks it does - the shorts are caught - unable to wriggle out of their huge short positions, unable to smash the price b/c that is handing a dagger to the longs, they don't have the physical, a gold and silver fever is building up and when it does price can really go to the Moon. Mr Wong doesn't comprehend the physical market dynamics - he is out of his depth.  
 

The Wonger will maintain he is right and we are all out of our depths and have no comprehension.
The market has turned physical and then the smoke and mirrors stop working.
The SLV claims it has silver to the sky - but anyone will a grain of commonsense knows it doesn't have the bars of silver it claims - it will have paper promises that will never be delivered. The GLD is leasing gold, so it is pretending to be a gold ETF.
The bluff is being called with more and more longs standing for delivery - then his graph doesn't work like he thinks it does - the shorts are caught - unable to wriggle out of their huge short positions, unable to smash the price b/c that is handing a dagger to the longs, they don't have the physical, a gold and silver fever is building up and when it does price can really go to the Moon. Mr Wong doesn't comprehend the physical market dynamics - he is out of his depth.  
 

The Wonger will maintain he is right and we are all out of our depths and have no comprehension.
The market has turned physical and then the smoke and mirrors stop working.
The SLV claims it has silver to the sky - but anyone will a grain of commonsense knows it doesn't have the bars of silver it claims - it will have paper promises that will never be delivered. The GLD is leasing gold, so it is pretending to be a gold ETF.
The bluff is being called with more and more longs standing for delivery - then his graph doesn't work like he thinks it does - the shorts are caught - unable to wriggle out of their huge short positions, unable to smash the price b/c that is handing a dagger to the longs, they don't have the physical, a gold and silver fever is building up and when it does price can really go to the Moon. Mr Wong doesn't comprehend the physical market dynamics - he is out of his depth.  
 

Hmmm it looks like the blue touch paper has been lit and the ignition sequence has started.
This is why i asked a couple of weeks ago, why is there so much metal up for sale? Were members hard up or did they think prices were going to do a Wonger? 

And i have just had my tea - my stomach is churning at the thought of Wonky Wonger getting filled. To each his and her own i suppose - as long as no children and animals were harmed in the process.

If price gets above $1800 and holds, the target is the all time high. The horse has bolted and the stable burned down. 
There is large physical demand and it is getting harder and harder to juggle. The amount of silver allegedly going into the SLV is impossible, HSBC is leasing gold from the BoE for GLD. The Fed will have to bail out several participants. The smoke is blown away and we discover the mirrors are cracked.

Wonger it is you who is going down and going down hard. The other day you said silver was falling to $4 without a bounce. Price then went up. 
Be careful friend - not only will you get filled but you could get stuffed. i am in physical metal - i don't worry about the price and margin calls.

https://taxfreegold.co.uk/france20francs.php
Types & Dates
This table shows a list of the different types of French 20 Francs, and their date ranges.
Denomination Type First Date Last Date 20 Francs Bonaparte Premier Consul / Value in Wreath
Latin Date XI (1802/3) XI (1802/3) 20 Francs Bonaparte Premier Consul / Value in Wreath
AN Arabic Numerals 12 (1803/4) 12 (1803/4) 20 Francs Napoleon Empereur / Value in Wreath
AN (Arabic Numerals) 12 (1803/4) 14 (1805/6) 20 Francs Napoleon Empereur Bare Head / Value in Wreath 1806 1807 20 Francs Napoleon Empereur Laureate Head / Value in Wreath 1807 1815 20 Francs Louis XVIII Bust / Crowned Shield in Wreath 1814 1815 20 Francs Louis XVIII Head / New Crowned Shield in Wreath 1816 1824 20 Francs Charles X / Crowned Shield in Wreath 1825 1830 20 Francs Louis Philippe Bare Head / Value in Wreath 1830 1831 20 Francs Louis Philippe Laureate Head / Value in Wreath 1832 1846 20 Francs Angel / Value in Wreath 1848 1849 20 Francs Head of République / Value in Wreath 1849 1851 20 Francs Louis Napoleon Bonaparte / Value in Wreath 1852 1852 20 Francs Napoleon III / Value in Wreath 1853 1860 20 Francs Napoleon III / Shield 1861 1870 20 Francs Angel / Value in Wreath 1871 1898 20 Francs Ceres / Cockerel (Rooster)
Edge DIEU PROTEGE LA FRANCE 1899 1906 20 Francs Ceres / Cockerel (Rooster)
Edge LIBERTE EGALITE FRATERNITE 1906 1914

Banks don't lend currency. When you use a credit card you create a promise the bank buys from you, when you sign the car loan, there is the asset the bank buys, when you take out a mortgage application, there is the promissory note. A promissory note shall be treated as cash. These are instruments with a yield which the bank buys and often then sells. The bank enters a credit in your account with which the house, car, tank of petrol is bought.
This is how currency is made. The High Street banks create the vast majority of the currency. It is created on the fly with a credit card. They do not lend currency - they buy the financial assets their customers create. They create currency when they enter the credit in the customer's account.

The Bank of England says that most of the money is created when a bank makes a loan - but the bank cannot make the loan b/c they don't have the currency to make the loan. The currency is made when the bank enters the credit in your account.
You cannot make a loan unless you have the cash to make the loan and the banks don't until you create the cash - 'a promissory note shall be treated as cash' - the bank simply enters that credit in your account and 'says' they lent you the currency - but they didn't have the currency to lend so that isn't true.
https://www.bankofengland.co.uk/knowledgebank/how-is-money-created
 

That must be why Russia, China et al are stacking gold - for when it drops 90% in value. Thanks for telling us.

Banks don't lend currency. When you use a credit card you create a promise the bank buys from you, when you sign the car loan, there is the asset the bank buys, when you take out a mortgage application, there is the promissory note. A promissory note shall be treated as cash. These are instruments with a yield which the bank buys and often then sells. The bank enters a credit in your account with which the house, car, tank of petrol is bought.
This is how currency is made. The High Street banks create the vast majority of the currency. It is created on the fly with a credit card. They do not lend currency - they buy the financial assets their customers create. They create currency when they enter the credit in the customer's account.

The Bank of England says that most of the money is created when a bank makes a loan - but the bank cannot make the loan b/c they don't have the currency to make the loan. The currency is made when the bank enters the credit in your account.
You cannot make a loan unless you have the cash to make the loan and the banks don't until you create the cash - 'a promissory note shall be treated as cash' - the bank simply enters that credit in your account and 'says' they lent you the currency - but they didn't have the currency to lend so that isn't true.
https://www.bankofengland.co.uk/knowledgebank/how-is-money-created
 

i am involved in Kinesis - the blockchain gold and silver monetary system. As of this month the 45 000 employees of the Indonesian Post Office are obliged to save in KAU (digital physical gold). Once this has bedded in, it will be rolled out to the 240 odd million Indonesians. There is a tie up with the Malaysian Post Office. The Indonesia Post Office is building ties with the other ASEAN country post offices and the Gulf States. There is a vault Kinesis and the Indonesian government plan to be build in Indonesia. This is just one example of where digital physical gold will play a role in the transfer of value on the blockchain - digital physical gold and silver are a legal/Shari law definition, which means it is not a crypto but it is a blockchain asset. 
Gold and silver are moving forwards. Do you imagine Asians will take fiat or digital physical gold? Fiat has run its course. The usual suspects will try to scare people out of gold and silver. They can sling their hook. Gold is gold - it is real money and most of the world has always believed this.

https://www.youtube.com/channel/UCXJEH6DxUixkTYhH4XxI7kQ