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sixgun

Silver Premium Member
  • Posts

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Reputation Activity

  1. Like
    sixgun got a reaction from LawrenceChard in So, ive just started stacking....   
    Buying small and often is a good way forward. You see something you like at a decent price and get it. Be mindful of postage costs - a single silver coin for example will work out expensive b/c of postage. Remember if you don't get it registered post then it isn't insured.
    Value wise gold is better value in the UK. The best value is usually sovereigns. They seem expensive and you get more weight for your money with silver so when you begin silver seems to be a better idea. The price of silver is usually quite a bit higher than spot. That isn't necessarily a bad thing as long as you can sell with the same sort of premium. Your best value with usually come on The Silver Forum. Look at the trading reputation of the seller. The longer standing people here are all good guys in my experience. 
    If you sell back to a dealer you will not get as good a price as if you sell here.
    It might be worth becomes a premium member - silver level - you will be able to see items for sale quicker. If you are just buy a few coins perhaps it is not worth it but if you want to buy more and regularly it could save you money.
    Do not buy on ebay - there is a thread about the scam artists on ebay - there are lots of them selling stuff that looks ok to the novice and you could end up getting conned.
  2. Like
    sixgun reacted to HelpingHands in Best place to sell in uk ?   
    The nearest to you in probably Chards in Blackpool.
    @LawrenceChard might tell you what the arrangements are for taking items in person.
  3. Like
    sixgun got a reaction from EdwardTeach in Silver Monitoring Thread £ (GBP) only.   
    A massive transfer of power is occurring. Western power has come from the world reserve currency backed up by military might. This is the reason for all the wars for decades. 
    This is what Ukraine is about - the US has wanted a war to kick off in the hope that Russia will get bogged down, Putin would go and Russia would be economically destroyed. The Ukraine war is a creation of the US Deep State. It is a proxy war b/c the US cannot confront the Russians directly. However their cunning plan is backfiring big time - which was entirely predictable and of course some members predicted it.
    Now the West, especially Europe is sinking into a cesspit of their own making. What is happening is showing the US is not invulnerable and it is unifying the Global South - this is why we see the expansion of BRICS, the expansion of the Belt and Road Initiative. We are on the losing side. It could be changed but our politicians are lapdogs of Washington which is clinging onto its delusion of power.
    Your shield against what is coming is one of precious metals, stocks of food and whatever you think will be needed. It is actually an opportunity to thrive and get more. Crush the Woke, the NPC's and all the other degenerates.
     
  4. Like
    sixgun got a reaction from EdwardTeach in Silver Monitoring Thread £ (GBP) only.   
    There are so many imponderables.
    The COMEX price of silver is several cents less than spot. This shouldn't be - only when a futures contract is about to expire should be prices equalise, up until then there are carry costs for the silver which should be in the price and make silver for delivery in the future more expensive. The paper market is broken - it cannot be used to hedge physical b/c of the amount of backwardation. The market is broken b/c there is so much manipulation. Unless the Western central bankers and assorted officials are careful the market will blow up like it did in March 2020. 
    i see several other nations applying to join BRICS - the likes of Saudi Arabia and Iran. The Global South values real money - they want to get from under the USD system. There is serious discussion about a commodity based currency. After gold and oil/gas, silver is number three in the peaking order in this commodity currency. London and the US will put up a price for gold and silver but when the pricing mechanism has already broken, that price will be meaningless. The people that matter will ignore it. Large premiums for tonnage amounts of metal for immediate delivery are being paid. Countries in BRICS have the physical - the Western cabal doesn't. There is a gold for Russian oil trade which is being exploited. There is a discounted price for oil if you pay in gold. The limit on this is the amount of gold you can actually get your hands on. The US centric paper market is just not connected with the international world of metals. 
    So the West will want to smash the price down - it will be the paper price. The smashes on price are always a sign that the system is in trouble. We saw in March 2020 the paper price was smashed but once the brief initial shock settled i am sure members noticed the price of coins had gone up and gone up a lot.
    So yes there might be a dip in price - but it will be the paper price. The world is changing very fast. The people who used to make the rules are losing their grip, well their grip on the Global South and it will be the Global South who will be driving the world's economy and will be setting price. The West will go into recession - it could well be a recession that lasts for years - even decades. i just keep stacking. i don't know exactly what will happen or when but i know that it is not a matter of if, it is simply a matter of when, for silver.
  5. Like
    sixgun got a reaction from EdwardTeach in Silver Monitoring Thread £ (GBP) only.   
    But why talk about dealers' buy and sell prices?
    We have our own trading forum here.
    This morning i see 50 Britannias for sale - that works out a £22 each.
    One member has asked for some of these coins - so someone is selling and someone buying at this price.
    So you can buy cheaper than the dealers and you can sell at a much better price. So the argument about VAT and premiums doesn't really count when you can sell with some 'VAT and premium' in the price.
    Why would you sell to a dealer when you could sell to other members? That is the point of TSF.
     
  6. Haha
    sixgun got a reaction from EdwardTeach in Silver Monitoring Thread £ (GBP) only.   
    Well sometimes i am bimetallic. 
  7. Haha
    sixgun got a reaction from EdwardTeach in Silver Monitoring Thread £ (GBP) only.   
    You don't seem to like silver Roy. Are you argentophobic? That must be hate speech because only this morning i identified as being silver. This afternoon i am an attack helicopter. 
  8. Haha
    sixgun got a reaction from Mrpound in Unknown Johnson Matthey 1oz Bar   
    https://www.ebay.co.uk/itm/Unknown-Variant-1oz-Johnson-Matthey-Silver-Bar-999-Minus-Logo-and-Serial-Number-/165583269590

  9. Like
    sixgun got a reaction from Happypanda88 in Silver Monitoring Thread £ (GBP) only.   
    The US doesn't have any gold. Where did the thousands upon thousands of tonnes that went through London and Switzerland on a one-way trip to China come from?
    Nixon stopped the convertibility of the USD into gold in August 1971. Gold was at that time valued at $35.
    The $42.22 is the value put on gold by the US government in 1973. It hasn't moved from that since.
    Both gold and silver have been confiscated from US citizens by their government - at the official price at the time.
    So what is the $42.22 / oz about when it is obviously a ridiculous value?
    In 1979 The Franklin Mint shipped a large number of Krugerrands on TWA airlines. The shipment was lost by TWA. As a result The Franklin Mint sued to recover its losses claiming the actual market price of gold at the time. In Franklin Mint Corp. vs. Trans World Airlines, the Supreme Court ruled that gold bullion values in commerce are limited to $42.22 an ounce.
    Could it be that the US has a plan to confiscate gold again someday at the official value of $42.22?
    https://www.mining.com/beware-official-us-government-price-for-gold-is-only-4222oz/
  10. Like
    sixgun got a reaction from LemmyMcGregor in Silver Monitoring Thread £ (GBP) only.   
    There are so many imponderables.
    The COMEX price of silver is several cents less than spot. This shouldn't be - only when a futures contract is about to expire should be prices equalise, up until then there are carry costs for the silver which should be in the price and make silver for delivery in the future more expensive. The paper market is broken - it cannot be used to hedge physical b/c of the amount of backwardation. The market is broken b/c there is so much manipulation. Unless the Western central bankers and assorted officials are careful the market will blow up like it did in March 2020. 
    i see several other nations applying to join BRICS - the likes of Saudi Arabia and Iran. The Global South values real money - they want to get from under the USD system. There is serious discussion about a commodity based currency. After gold and oil/gas, silver is number three in the peaking order in this commodity currency. London and the US will put up a price for gold and silver but when the pricing mechanism has already broken, that price will be meaningless. The people that matter will ignore it. Large premiums for tonnage amounts of metal for immediate delivery are being paid. Countries in BRICS have the physical - the Western cabal doesn't. There is a gold for Russian oil trade which is being exploited. There is a discounted price for oil if you pay in gold. The limit on this is the amount of gold you can actually get your hands on. The US centric paper market is just not connected with the international world of metals. 
    So the West will want to smash the price down - it will be the paper price. The smashes on price are always a sign that the system is in trouble. We saw in March 2020 the paper price was smashed but once the brief initial shock settled i am sure members noticed the price of coins had gone up and gone up a lot.
    So yes there might be a dip in price - but it will be the paper price. The world is changing very fast. The people who used to make the rules are losing their grip, well their grip on the Global South and it will be the Global South who will be driving the world's economy and will be setting price. The West will go into recession - it could well be a recession that lasts for years - even decades. i just keep stacking. i don't know exactly what will happen or when but i know that it is not a matter of if, it is simply a matter of when, for silver.
  11. Like
    sixgun got a reaction from Bars in Silver Monitoring Thread £ (GBP) only.   
    But why talk about dealers' buy and sell prices?
    We have our own trading forum here.
    This morning i see 50 Britannias for sale - that works out a £22 each.
    One member has asked for some of these coins - so someone is selling and someone buying at this price.
    So you can buy cheaper than the dealers and you can sell at a much better price. So the argument about VAT and premiums doesn't really count when you can sell with some 'VAT and premium' in the price.
    Why would you sell to a dealer when you could sell to other members? That is the point of TSF.
     
  12. Like
    sixgun got a reaction from Gruff in Silver Monitoring Thread £ (GBP) only.   
    The US doesn't have any gold. Where did the thousands upon thousands of tonnes that went through London and Switzerland on a one-way trip to China come from?
    Nixon stopped the convertibility of the USD into gold in August 1971. Gold was at that time valued at $35.
    The $42.22 is the value put on gold by the US government in 1973. It hasn't moved from that since.
    Both gold and silver have been confiscated from US citizens by their government - at the official price at the time.
    So what is the $42.22 / oz about when it is obviously a ridiculous value?
    In 1979 The Franklin Mint shipped a large number of Krugerrands on TWA airlines. The shipment was lost by TWA. As a result The Franklin Mint sued to recover its losses claiming the actual market price of gold at the time. In Franklin Mint Corp. vs. Trans World Airlines, the Supreme Court ruled that gold bullion values in commerce are limited to $42.22 an ounce.
    Could it be that the US has a plan to confiscate gold again someday at the official value of $42.22?
    https://www.mining.com/beware-official-us-government-price-for-gold-is-only-4222oz/
  13. Like
    sixgun got a reaction from lubi29 in Silver Monitoring Thread £ (GBP) only.   
    There are so many imponderables.
    The COMEX price of silver is several cents less than spot. This shouldn't be - only when a futures contract is about to expire should be prices equalise, up until then there are carry costs for the silver which should be in the price and make silver for delivery in the future more expensive. The paper market is broken - it cannot be used to hedge physical b/c of the amount of backwardation. The market is broken b/c there is so much manipulation. Unless the Western central bankers and assorted officials are careful the market will blow up like it did in March 2020. 
    i see several other nations applying to join BRICS - the likes of Saudi Arabia and Iran. The Global South values real money - they want to get from under the USD system. There is serious discussion about a commodity based currency. After gold and oil/gas, silver is number three in the peaking order in this commodity currency. London and the US will put up a price for gold and silver but when the pricing mechanism has already broken, that price will be meaningless. The people that matter will ignore it. Large premiums for tonnage amounts of metal for immediate delivery are being paid. Countries in BRICS have the physical - the Western cabal doesn't. There is a gold for Russian oil trade which is being exploited. There is a discounted price for oil if you pay in gold. The limit on this is the amount of gold you can actually get your hands on. The US centric paper market is just not connected with the international world of metals. 
    So the West will want to smash the price down - it will be the paper price. The smashes on price are always a sign that the system is in trouble. We saw in March 2020 the paper price was smashed but once the brief initial shock settled i am sure members noticed the price of coins had gone up and gone up a lot.
    So yes there might be a dip in price - but it will be the paper price. The world is changing very fast. The people who used to make the rules are losing their grip, well their grip on the Global South and it will be the Global South who will be driving the world's economy and will be setting price. The West will go into recession - it could well be a recession that lasts for years - even decades. i just keep stacking. i don't know exactly what will happen or when but i know that it is not a matter of if, it is simply a matter of when, for silver.
  14. Like
    sixgun got a reaction from Bigmarc in Silver Monitoring Thread £ (GBP) only.   
    There are so many imponderables.
    The COMEX price of silver is several cents less than spot. This shouldn't be - only when a futures contract is about to expire should be prices equalise, up until then there are carry costs for the silver which should be in the price and make silver for delivery in the future more expensive. The paper market is broken - it cannot be used to hedge physical b/c of the amount of backwardation. The market is broken b/c there is so much manipulation. Unless the Western central bankers and assorted officials are careful the market will blow up like it did in March 2020. 
    i see several other nations applying to join BRICS - the likes of Saudi Arabia and Iran. The Global South values real money - they want to get from under the USD system. There is serious discussion about a commodity based currency. After gold and oil/gas, silver is number three in the peaking order in this commodity currency. London and the US will put up a price for gold and silver but when the pricing mechanism has already broken, that price will be meaningless. The people that matter will ignore it. Large premiums for tonnage amounts of metal for immediate delivery are being paid. Countries in BRICS have the physical - the Western cabal doesn't. There is a gold for Russian oil trade which is being exploited. There is a discounted price for oil if you pay in gold. The limit on this is the amount of gold you can actually get your hands on. The US centric paper market is just not connected with the international world of metals. 
    So the West will want to smash the price down - it will be the paper price. The smashes on price are always a sign that the system is in trouble. We saw in March 2020 the paper price was smashed but once the brief initial shock settled i am sure members noticed the price of coins had gone up and gone up a lot.
    So yes there might be a dip in price - but it will be the paper price. The world is changing very fast. The people who used to make the rules are losing their grip, well their grip on the Global South and it will be the Global South who will be driving the world's economy and will be setting price. The West will go into recession - it could well be a recession that lasts for years - even decades. i just keep stacking. i don't know exactly what will happen or when but i know that it is not a matter of if, it is simply a matter of when, for silver.
  15. Like
    sixgun got a reaction from Scuzzle in Silver Monitoring Thread £ (GBP) only.   
    A massive transfer of power is occurring. Western power has come from the world reserve currency backed up by military might. This is the reason for all the wars for decades. 
    This is what Ukraine is about - the US has wanted a war to kick off in the hope that Russia will get bogged down, Putin would go and Russia would be economically destroyed. The Ukraine war is a creation of the US Deep State. It is a proxy war b/c the US cannot confront the Russians directly. However their cunning plan is backfiring big time - which was entirely predictable and of course some members predicted it.
    Now the West, especially Europe is sinking into a cesspit of their own making. What is happening is showing the US is not invulnerable and it is unifying the Global South - this is why we see the expansion of BRICS, the expansion of the Belt and Road Initiative. We are on the losing side. It could be changed but our politicians are lapdogs of Washington which is clinging onto its delusion of power.
    Your shield against what is coming is one of precious metals, stocks of food and whatever you think will be needed. It is actually an opportunity to thrive and get more. Crush the Woke, the NPC's and all the other degenerates.
     
  16. Like
    sixgun got a reaction from Scuzzle in Silver Monitoring Thread £ (GBP) only.   
    There are so many imponderables.
    The COMEX price of silver is several cents less than spot. This shouldn't be - only when a futures contract is about to expire should be prices equalise, up until then there are carry costs for the silver which should be in the price and make silver for delivery in the future more expensive. The paper market is broken - it cannot be used to hedge physical b/c of the amount of backwardation. The market is broken b/c there is so much manipulation. Unless the Western central bankers and assorted officials are careful the market will blow up like it did in March 2020. 
    i see several other nations applying to join BRICS - the likes of Saudi Arabia and Iran. The Global South values real money - they want to get from under the USD system. There is serious discussion about a commodity based currency. After gold and oil/gas, silver is number three in the peaking order in this commodity currency. London and the US will put up a price for gold and silver but when the pricing mechanism has already broken, that price will be meaningless. The people that matter will ignore it. Large premiums for tonnage amounts of metal for immediate delivery are being paid. Countries in BRICS have the physical - the Western cabal doesn't. There is a gold for Russian oil trade which is being exploited. There is a discounted price for oil if you pay in gold. The limit on this is the amount of gold you can actually get your hands on. The US centric paper market is just not connected with the international world of metals. 
    So the West will want to smash the price down - it will be the paper price. The smashes on price are always a sign that the system is in trouble. We saw in March 2020 the paper price was smashed but once the brief initial shock settled i am sure members noticed the price of coins had gone up and gone up a lot.
    So yes there might be a dip in price - but it will be the paper price. The world is changing very fast. The people who used to make the rules are losing their grip, well their grip on the Global South and it will be the Global South who will be driving the world's economy and will be setting price. The West will go into recession - it could well be a recession that lasts for years - even decades. i just keep stacking. i don't know exactly what will happen or when but i know that it is not a matter of if, it is simply a matter of when, for silver.
  17. Thanks
    sixgun got a reaction from silversky in Silver Monitoring Thread £ (GBP) only.   
    The US doesn't have any gold. Where did the thousands upon thousands of tonnes that went through London and Switzerland on a one-way trip to China come from?
    Nixon stopped the convertibility of the USD into gold in August 1971. Gold was at that time valued at $35.
    The $42.22 is the value put on gold by the US government in 1973. It hasn't moved from that since.
    Both gold and silver have been confiscated from US citizens by their government - at the official price at the time.
    So what is the $42.22 / oz about when it is obviously a ridiculous value?
    In 1979 The Franklin Mint shipped a large number of Krugerrands on TWA airlines. The shipment was lost by TWA. As a result The Franklin Mint sued to recover its losses claiming the actual market price of gold at the time. In Franklin Mint Corp. vs. Trans World Airlines, the Supreme Court ruled that gold bullion values in commerce are limited to $42.22 an ounce.
    Could it be that the US has a plan to confiscate gold again someday at the official value of $42.22?
    https://www.mining.com/beware-official-us-government-price-for-gold-is-only-4222oz/
  18. Super Like
    sixgun got a reaction from Gruff in Silver Monitoring Thread £ (GBP) only.   
    A massive transfer of power is occurring. Western power has come from the world reserve currency backed up by military might. This is the reason for all the wars for decades. 
    This is what Ukraine is about - the US has wanted a war to kick off in the hope that Russia will get bogged down, Putin would go and Russia would be economically destroyed. The Ukraine war is a creation of the US Deep State. It is a proxy war b/c the US cannot confront the Russians directly. However their cunning plan is backfiring big time - which was entirely predictable and of course some members predicted it.
    Now the West, especially Europe is sinking into a cesspit of their own making. What is happening is showing the US is not invulnerable and it is unifying the Global South - this is why we see the expansion of BRICS, the expansion of the Belt and Road Initiative. We are on the losing side. It could be changed but our politicians are lapdogs of Washington which is clinging onto its delusion of power.
    Your shield against what is coming is one of precious metals, stocks of food and whatever you think will be needed. It is actually an opportunity to thrive and get more. Crush the Woke, the NPC's and all the other degenerates.
     
  19. Like
    sixgun got a reaction from silversky in Silver Monitoring Thread £ (GBP) only.   
    A massive transfer of power is occurring. Western power has come from the world reserve currency backed up by military might. This is the reason for all the wars for decades. 
    This is what Ukraine is about - the US has wanted a war to kick off in the hope that Russia will get bogged down, Putin would go and Russia would be economically destroyed. The Ukraine war is a creation of the US Deep State. It is a proxy war b/c the US cannot confront the Russians directly. However their cunning plan is backfiring big time - which was entirely predictable and of course some members predicted it.
    Now the West, especially Europe is sinking into a cesspit of their own making. What is happening is showing the US is not invulnerable and it is unifying the Global South - this is why we see the expansion of BRICS, the expansion of the Belt and Road Initiative. We are on the losing side. It could be changed but our politicians are lapdogs of Washington which is clinging onto its delusion of power.
    Your shield against what is coming is one of precious metals, stocks of food and whatever you think will be needed. It is actually an opportunity to thrive and get more. Crush the Woke, the NPC's and all the other degenerates.
     
  20. Like
    sixgun got a reaction from TheShinyStuff in Silver Monitoring Thread £ (GBP) only.   
    But why talk about dealers' buy and sell prices?
    We have our own trading forum here.
    This morning i see 50 Britannias for sale - that works out a £22 each.
    One member has asked for some of these coins - so someone is selling and someone buying at this price.
    So you can buy cheaper than the dealers and you can sell at a much better price. So the argument about VAT and premiums doesn't really count when you can sell with some 'VAT and premium' in the price.
    Why would you sell to a dealer when you could sell to other members? That is the point of TSF.
     
  21. Like
    sixgun got a reaction from silversky in Silver Monitoring Thread £ (GBP) only.   
    There are so many imponderables.
    The COMEX price of silver is several cents less than spot. This shouldn't be - only when a futures contract is about to expire should be prices equalise, up until then there are carry costs for the silver which should be in the price and make silver for delivery in the future more expensive. The paper market is broken - it cannot be used to hedge physical b/c of the amount of backwardation. The market is broken b/c there is so much manipulation. Unless the Western central bankers and assorted officials are careful the market will blow up like it did in March 2020. 
    i see several other nations applying to join BRICS - the likes of Saudi Arabia and Iran. The Global South values real money - they want to get from under the USD system. There is serious discussion about a commodity based currency. After gold and oil/gas, silver is number three in the peaking order in this commodity currency. London and the US will put up a price for gold and silver but when the pricing mechanism has already broken, that price will be meaningless. The people that matter will ignore it. Large premiums for tonnage amounts of metal for immediate delivery are being paid. Countries in BRICS have the physical - the Western cabal doesn't. There is a gold for Russian oil trade which is being exploited. There is a discounted price for oil if you pay in gold. The limit on this is the amount of gold you can actually get your hands on. The US centric paper market is just not connected with the international world of metals. 
    So the West will want to smash the price down - it will be the paper price. The smashes on price are always a sign that the system is in trouble. We saw in March 2020 the paper price was smashed but once the brief initial shock settled i am sure members noticed the price of coins had gone up and gone up a lot.
    So yes there might be a dip in price - but it will be the paper price. The world is changing very fast. The people who used to make the rules are losing their grip, well their grip on the Global South and it will be the Global South who will be driving the world's economy and will be setting price. The West will go into recession - it could well be a recession that lasts for years - even decades. i just keep stacking. i don't know exactly what will happen or when but i know that it is not a matter of if, it is simply a matter of when, for silver.
  22. Like
    sixgun reacted to HerefordBullyun in Silver Monitoring Thread £ (GBP) only.   
    Yes soon to be BRICS MIICS Malaysia indonesia Iran Chile Saudi Arabia
  23. Like
    sixgun got a reaction from stefffana in Silver Monitoring Thread £ (GBP) only.   
    There are so many imponderables.
    The COMEX price of silver is several cents less than spot. This shouldn't be - only when a futures contract is about to expire should be prices equalise, up until then there are carry costs for the silver which should be in the price and make silver for delivery in the future more expensive. The paper market is broken - it cannot be used to hedge physical b/c of the amount of backwardation. The market is broken b/c there is so much manipulation. Unless the Western central bankers and assorted officials are careful the market will blow up like it did in March 2020. 
    i see several other nations applying to join BRICS - the likes of Saudi Arabia and Iran. The Global South values real money - they want to get from under the USD system. There is serious discussion about a commodity based currency. After gold and oil/gas, silver is number three in the peaking order in this commodity currency. London and the US will put up a price for gold and silver but when the pricing mechanism has already broken, that price will be meaningless. The people that matter will ignore it. Large premiums for tonnage amounts of metal for immediate delivery are being paid. Countries in BRICS have the physical - the Western cabal doesn't. There is a gold for Russian oil trade which is being exploited. There is a discounted price for oil if you pay in gold. The limit on this is the amount of gold you can actually get your hands on. The US centric paper market is just not connected with the international world of metals. 
    So the West will want to smash the price down - it will be the paper price. The smashes on price are always a sign that the system is in trouble. We saw in March 2020 the paper price was smashed but once the brief initial shock settled i am sure members noticed the price of coins had gone up and gone up a lot.
    So yes there might be a dip in price - but it will be the paper price. The world is changing very fast. The people who used to make the rules are losing their grip, well their grip on the Global South and it will be the Global South who will be driving the world's economy and will be setting price. The West will go into recession - it could well be a recession that lasts for years - even decades. i just keep stacking. i don't know exactly what will happen or when but i know that it is not a matter of if, it is simply a matter of when, for silver.
  24. Super Like
    sixgun got a reaction from Dakaras in Silver Monitoring Thread £ (GBP) only.   
    There are so many imponderables.
    The COMEX price of silver is several cents less than spot. This shouldn't be - only when a futures contract is about to expire should be prices equalise, up until then there are carry costs for the silver which should be in the price and make silver for delivery in the future more expensive. The paper market is broken - it cannot be used to hedge physical b/c of the amount of backwardation. The market is broken b/c there is so much manipulation. Unless the Western central bankers and assorted officials are careful the market will blow up like it did in March 2020. 
    i see several other nations applying to join BRICS - the likes of Saudi Arabia and Iran. The Global South values real money - they want to get from under the USD system. There is serious discussion about a commodity based currency. After gold and oil/gas, silver is number three in the peaking order in this commodity currency. London and the US will put up a price for gold and silver but when the pricing mechanism has already broken, that price will be meaningless. The people that matter will ignore it. Large premiums for tonnage amounts of metal for immediate delivery are being paid. Countries in BRICS have the physical - the Western cabal doesn't. There is a gold for Russian oil trade which is being exploited. There is a discounted price for oil if you pay in gold. The limit on this is the amount of gold you can actually get your hands on. The US centric paper market is just not connected with the international world of metals. 
    So the West will want to smash the price down - it will be the paper price. The smashes on price are always a sign that the system is in trouble. We saw in March 2020 the paper price was smashed but once the brief initial shock settled i am sure members noticed the price of coins had gone up and gone up a lot.
    So yes there might be a dip in price - but it will be the paper price. The world is changing very fast. The people who used to make the rules are losing their grip, well their grip on the Global South and it will be the Global South who will be driving the world's economy and will be setting price. The West will go into recession - it could well be a recession that lasts for years - even decades. i just keep stacking. i don't know exactly what will happen or when but i know that it is not a matter of if, it is simply a matter of when, for silver.
  25. Like
    sixgun got a reaction from stefffana in Silver Monitoring Thread £ (GBP) only.   
    But why talk about dealers' buy and sell prices?
    We have our own trading forum here.
    This morning i see 50 Britannias for sale - that works out a £22 each.
    One member has asked for some of these coins - so someone is selling and someone buying at this price.
    So you can buy cheaper than the dealers and you can sell at a much better price. So the argument about VAT and premiums doesn't really count when you can sell with some 'VAT and premium' in the price.
    Why would you sell to a dealer when you could sell to other members? That is the point of TSF.
     
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