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GoldStandardPartyUK

Silver Premium Member
  • Posts

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Everything posted by GoldStandardPartyUK

  1. Contraversy opinion: If you are on this forum you don't need to worry about CGT. If you were so rich CGT mattered you would be taking advice from your money manager. The fact that brits / valiants / QBs etc are CGT free is a red herring.
  2. So you're offering £21 per ounce? I think you will struggle to find a seller at that price?
  3. One of the reasons I think we took a wrong turn making coins 999 or 9999 fine. There are many advantages of 925 over 999, I think 999 fine silver is too soft / easily scratched. I also think designs are too pristine and show up spots or flaws, like a white carpet, it is much better to have a pattern on a carpet to obscure marks. I heard on a kinesis podcast recently a silly comment that 9999 silver is better for their vaults because it looks cleaner. The difference between 9999 and 999 in a bar would be such a tiny amount of material you probably couldn't see it and is beyond the weight tolerance of the weight anyway! but retail consumers seem to want 9999 as if they'd gain more silver somehow.
  4. Can we report ebay to the police as permitting sale of counterfeit currency, against UK law and their own ToS.
  5. Never have I been more offended by something so true
  6. Is mylar better? I got some saflip ones I think they are mylar
  7. But great thing about markets, unlike politics or religion is you can put your money where your mouth is and vote with your feet.
  8. They are my hypothetical milk bottles they can be exactly as big as I want 😅😅😅😂
  9. Is only 7.7 milk bottles. He's an old man but even old men can carry 7 bottles of milk
  10. Just a quick one: on ebay I put the filter on to show only sold items, those are definite sales, don't know if you do that already
  11. Get ready for them to blame currency speculators and unpatriotic gold hoarders
  12. Can we take a moment to notice how wholesome this community is, wise words from the old hands. Beats the reddit hype train any day
  13. Why aren't we talking about how to destroy these or hand them to police?
  14. I report them. I believe it's against ebay terms of use to sell counterfeit currency, I've reported dozens of fake bullion bars being sold as "replica" or some variant, ebay never get back to me about this In my opinion it should be treated like how we treat ammunition or dangerous chemicals, or hog weed plants, where each instance is logged somewhere and accounted for, destroyed if not explicitly needed. To just sell them on eBay is outrageous, my understanding is it's 1) against eBay Terms to sell any counterfeit bullion or currency, of any kind, 2) and its actually illegal if the fake currency is in scope for the 1981 counterfeit currency law (this covers new money only I believe, I think pre decimal coins are out of scope) @SkyfillerI don't know if you should hand those into the police? Basically it's like starting a forum thread "is it okay if I start collecting bombs" - from me it's a no
  15. A bit of hype bubble popping A bit of disenchantment A bit of feeling overextended A bit of wait and see
  16. Here here. But you reached the right conclusion via the wrong route. I work for a bank, I know of what I speak. Banks have made huge changes since 2008, they are now in a regulatory straight jacket. The bank I work for essentially operates as an arm of the government. Regulators learned the wrong lessons in my opinion, they didn't take the road of free markets they went deeper into regulation having the effect of making it virtually impossible for the bank to fail, it's "risk off" everywhere. You should see the sausage factory that is product design process. Everything is determined by regulators, I have plenty of examples of the government strangling the banks. There are no banksters in banks mate, only bureaucracy of the timid, no innovation, everything is safety first.
  17. I first heard about Kenisis on Palisades Gold Radio in April 2021. They have different products, I admit I got lost trying to understand the pros and cons of each
  18. We've changed pattern. It was a wedge but we broke through the trend and I think we're now in a downward chute. Family offices/wealth funds will sell but the HODLers will HODL, coin collectors will collect. I guess this is the moment we find out if the conspiracy theory #silverqueeze #wallstreetsilver boys had a point or not. I just hope people managed their risk properly, we could have broken out to the up our down that was always a possibility. Personally I was a big buyer at what we now know was a top. But I'm still able to say it was the right choice, I stuck to my strategy which was built up conscientiously.
  19. I think the price of silver could indeed be sustained at $300 even if the current stacker community dumped their silver on the market and the reason is number of people in the market. If the meme buyers and momentum traders want to catch the upward wind then if more people enter the market then amount of silver on the earth per stacker goes down, therefore if existing stackers dump the price could be sustained. It depends on the driver for why we reached $300, was it a supply shock or something more structural like the number of buyers went up, and what is the quality of their buy
  20. I loved that GME stock meme The mainstream newspaper said apes cost the hedge fund 4.2 billion dollars, the apes replied.... So far
  21. I think the most logical thing would be gold, cigars, whiskey, these have intrinsic value like silver. Unlike fiat currencies with no intrinsic value, usually used to buy consumables or items made from raw materials with only added value.
  22. Happy? You can pay some of mine if you like 😂😂
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