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Robda1986

Gold Premium Member
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Posts posted by Robda1986

  1. 1 hour ago, StackerBritt said:

    My 2oz silver proof of Henry VIII arrived today, it’s on its way back now.

     

    5F47A8C5-8A2C-41E1-9EED-CF8AA9BEE0BC.thumb.jpeg.797d73ccb77c8e076fa2d391320dbc81.jpeg

    First time I’ve ever had any QA problems with the Royal Mint which I feel fortunate about.  I have to say the returns process was easier than I thought it would be - I guess they have had a lot of practice 😁

    Geez that's a fugly coin If that's what they look like think ill be finding mine a new owner when they turn up

  2. I'm getting to the point of actually being done with royal mail genuinely haven't received a single letter or parcel in over 3 weeks now waiting on chainsaw chains, an axe, bank card, car parts ect luckily no pm's as they go to a different address. kinda feel sorry for the postman I normally see them when I get in from work and every day is the same she sees me and just shakes her head 

  3. On 06/01/2023 at 19:42, Itsshinyright said:

    It's the same old same old isn't it with prices.  Started buying about 7 years ago. Still keeping way ahead of inflation.  That's better than my rubbish pension pot!

    I keep opting out of my company one zero point you'll be lucky to get a bag of crisps by the time we're allowed to retire 

  4. 1 hour ago, flyingveepixie said:

    I believe China, Russia and India are stacking huge amounts of physical gold. That in itself if they continue stacking, will continue to drive the price up if overall supplies start to get hit.  One also has to ask what their motive is?

    To back the next reserve currency with pms would be my first guess second is the more they take off the market the greater the pressure on wallstreet pushing them closer to collapse think redit but on a massive scale 

  5. 2 hours ago, Leonmarsh said:

    Problem is if silver went to the moon who would buy it at 49 an ounce 

    Can you imagine trying to sell it on here lol 

    I would think even dealers would be hesitant at spot at 49 as one inevitably as it always does silver will be bummed hard back down again 

    For context sovs a couple of years ago were 250 and I remember dealers getting squeamish over the price thinking it wouldn't hold their now 100 quid more and people will rip your arm off for a sov at 350 people will pay the fair market value for anything and if silver hits 48 per oz they'll be chewing your arm off for it 

  6. 1 hour ago, spookyandroid said:

    And its that sort of viewpoint that smart money would want you to have. You offload your silver whilst they buy it cheap. You can see there are large shorts open on paper silver which are increasing in fees, meaning it will likely come to an end soon. 

    Premiums are increasing on silver and I've heard rumours that many brokers are running low, US mint has also apparently ceased to mint any new silver. 

    Perhaps someone with more info, I.e. a broker or someone working at a mint could further confirm or deny?

    Personally I don't find it to be a case of missed perfect storm, just because it didn't happen or feeling are that it won't happen. Its not if, but when, so for me its just more reason to think when it does happen it will be even more volatile.

    The state of what were in economically is gargantuan in comparison to prior recessions and is yet to be felt, at that point, when SHTF silver and gold will go vertical - IMO of course, based on what we've seen historically. We are not yet at peak pain, I do think its going to happen soon however.

    Don't get me wrong I like silver but I think if Russia, China, Turkey, South America pull off what their hoping for then yea we will definitely see massive rises in pm paper value. Think its called the. Moscow reserve market. Or something along those lines. Their sick of the manipulation from the fed and the western banks and want a new reserve currency to replace the dollar and have it permanently based and backed by pms in which case where pms land currency wise is a complete guess 

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