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Prophecy

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Posts posted by Prophecy

  1. 21 hours ago, cheekyhammer said:

    https://www.hattongardenmetals.com/buy/french-20-gold-franc#pi2

    Not sure if anyone is interested in "French 20 Gold (5.8g) Francs" but HGM have them 3% over spot (+post £6.95)

    Cant really grumble at fractional gold at 3% over spot I guess 🤠

    Further to this for those looking for 1ozt, they have an AGE at 3% https://www.hattongardenmetals.com/buy/american-gold-eagle

    and an Austrian Corona at 3% https://www.hattongardenmetals.com/buy/austrian-gold-corona

    If you can collect in person that's the best premium I've seen from a dealer in recent times (please correct me)

  2. Going by my, albeit silly, time machine experiment stating that gold, if mapped to BoE interest since 1914 should be £480/ozt then the current price of silver at traditional ratios is 2x undervalued. So, Gold - 3x overvalued. Silver - 2x Undervalued.

    This view is not serious though.

  3. Just for ***** and giggles I went on the Bank of England interest calculator. It's a fun thing that. It goes back to medieval days so you can pretend how much you would have got paid in your current salary value back whenever. https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator

    Then I thought... if £1 was 1 sovereign back in the day, I'll pick a random date and work back from there to see how much i would have if i had those same sovs now.

    Take £1000 now. Transport its fiat value back to, say, 1914 (before sovs were 'withdrawn'). You would have got just under 9 sovs for that.

    Now, take those 9 sovs and time machine it back to now and the combined value of them would be c.£3000 spot... 

    So. Could gold be 3x overvalued right now! Could it really be worth.... a third of current prices (£480)... therefore hitting pretty close to Wonglers crash claim (£400).

    I jest again.

  4. 1 hour ago, werewolf said:

    It just got 10$ more expensive...

    https://buysigmametalytics.com/products/sigma-metalytics-precious-metal-verifier-basic-set

    I hope it doesn't switch to the original price of 919 $ at some point.  

    Btw, would anyone be interested in the Kee Gold Tester? I occasionally buy scrap gold /used jewelry if it's for spot price or near that (i see it as a good deal) and I would find this one pretty useful. https://buysigmametalytics.com/products/kee-gold-tester-model-m-509gm  . And I heard it's pretty accurate for the usual carat gold found in Europe. Also, I found that it is sold on alibaba.com by a company in the US and if you order 20 you could get a excellent deal for 225$/piece. I'm thinking about starting a thread about this...🤔

    I'm interested in the Kee. :)

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