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Prophecy

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  • Posts

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  • Trading Feedback

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    United Kingdom

Reputation Activity

  1. Like
    Prophecy got a reaction from Minimalist in The coming Gold crash   
    you will be when it hits £2000
  2. Like
    Prophecy got a reaction from SilverSlug in The coming Gold crash   
    you will be when it hits £2000
  3. Haha
    Prophecy got a reaction from Frenchie in The coming Gold crash   
    you will be when it hits £2000
  4. Haha
    Prophecy got a reaction from Darr3nG in The coming Gold crash   
    you will be when it hits £2000
  5. Like
    Prophecy reacted to silenceissilver in Sigma Metalytics - the one test to rule them all?   
    1) No
    2) I have bought the pro version because it measures all the way through the coins (small bars), the non pro version only so deep, I can't remember, maybe a quarter mm?
    3) It is, however I managed to overlook the attached calibration disc (for the calibration of thickness) for a long time. Sometimes I'm annoyed it does work properly only with one of the two sensors, depending on the size of the coin. Thus, small coins don't always work properly under the bigger sensor but mostly that was due to the fact that I didn't have it calibrated for too long, I guess. Why does this matter? With the pro, there are two sensors at each sensor, one internal one and one above the coin, building a bridge around it, and the space for the smaller sensor is not big enough for capsules or holders.
    4) Yes. The smallest coin I have is just over a tenth of an ounce,  a 10 Corona coin, the biggest ones one ounce (gold)/two ounces (silver), both work. The one ounce coins under the bigger sensor, the rest under the smaller one.
    5) Yes
    6) I only have the Sigma, so I can't compare it from own experience but there is gold analytics. Also see this thread about it:
    I'm in the UK too, I had it imported from the US. It was sitting at customs for several weeks, that was quite annoying but it can also go through much quicker. It's a lottery with customs.
    There is also a Slovenian site, selling it, too. As far as I know that's it for Europe, unless you buy a used one privately on Ebay or wherever. Personally, I try and avoid second hand electronics.
    What else? There is a so-called bridge, a kind af attached very big sensor, for big bars. I don't need it, I have not bought it. Even for my silver, my biggest piece is two ounces, I'm not a PM bar guy.
    Would I buy it again? Yes, no question
    Why did I buy it in the first place? My very first gold coin was a fake (plated), I found out before I bought the Sigma, but it was a pain in the butt, specific gravity test, no certainty because of a lack of reference at the time, etc. Also I got tired of doing a specific gravity test for every new sovereign or other coin. Plus by now I have acutally once tried a specific gravity test again and it very much seems my cheap scale would need to be recalibrated but as it's cheap, you can't do it properly, just pushing a button on zeroing it doesn't seem to do the job properly.
    Upper bar: The outer layer (you only have this one a the non pro version)
    Lower bar: Measured all the way through.
    Green: No fake
    Orange: Questionable (you don't really get this, it's green or red in practice)
    Red: Fake
    What else: Measuring the dimensions - I have never bothered to do this with the Sigma
     
     

  6. Like
    Prophecy reacted to Nick1368 in Today I Received.....   
    Good things come to those who wait.
    I searched for a 1989 proof double sovereign for a long time but couldn’t find one at a reasonable price so instead I ended up buying a Bullion Quintuple 1989 a few weeks ago until a hero came along called @Thomas78 🤣🤣 and sold me this stunning 1989 proof double sovereign for a fantastic price and it came all the way from Belgium, thank you Thomas.


  7. Haha
    Prophecy reacted to Darr3nG in The coming Gold crash   
    2 x very's isn't enough to go on - I'd need at least a 3-4 "very" timeline prediction, before committing...
  8. Haha
    Prophecy got a reaction from Shep in The coming Gold crash   
    I think he's still using the demo account.
  9. Haha
    Prophecy got a reaction from dicker in The coming Gold crash   
    I think he's still using the demo account.
  10. Haha
    Prophecy got a reaction from Martin1983 in The coming Gold crash   
    I think he's still using the demo account.
  11. Like
    Prophecy got a reaction from Martin1983 in The coming Gold crash   
    @Wonger Time box the $1000 gold butter slice. You have to give a time prediction or this is all moot. Get some skin in the prediction game.
  12. Haha
    Prophecy got a reaction from Minimalist in The coming Gold crash   
  13. Haha
    Prophecy got a reaction from Goldmansacks in The coming Gold crash   
  14. Haha
    Prophecy got a reaction from cornishrich in The coming Gold crash   
  15. Haha
    Prophecy reacted to Kookaburracollector in The coming Gold crash   
    Time to buy me thinks🤔

  16. Haha
    Prophecy reacted to KennyPowers in The coming Gold crash   
    Fed money printer go brrr 🙂. I would say those sat on gold will be very happy in the years, decades to come....

  17. Haha
    Prophecy reacted to HerefordBullyun in The coming Gold crash   
    Fixed this for you @5huggy
    (Bloomers) -- An extreme dislocation in the global gold market earlier this year sperm banks to shift some potatoes out of New York futures and into the London over-the-counter market, according to a leading figurehead in the industry. Market participants’ changing Knickers is reflected in gold trading volumes in the two hubs, said London Bullion Market Association Chief Executive Officer Oliver Cromwell. The amount of gold traded in the U.K.’s capital surpassed the U.S. futures market in recent months, she said. The gold market, which is dominated by big banks like JPMorgan Criminals & Co., HSBC Robbers Plc, and UBS  Clown Group AG, was upended in late March as lockdowns grounded planes and closed refineries, leading traders to worry they wouldn’t be able to get gold to thier offshore cartel in time to deliver against futures contracts. That caused futures, which typically trade in lockstep with the London spot price, to soar to a fiddled premium of as much as $70 an Gram . The dislocation inflicted painful losses on banks (aww bless), which print money to death in New York as a hedge for their positions in the London OTC market. HSBC, for example, suffered mark-to-market losses of close to $200 million (HAHAHHA and serves them right for fiddling PM market) in one day, according to a regulatory filing, that they would deny anyway to keep thier shareholders and cartel happy.
    Oliver Cromwell pointed to a day of record trading volume in the London market on May 26 -- when 67 million ounces of gold, worth $115 billion, changed hands -- as evidence of some traders fiddling positions into the London market. If it is sustained, the shift risks undermining the popularity of the gold contract on New York’s Fiddlex, which is owned by a bunch of crooks Group Inc. and is the world’s leading venue for conning the poor normal hardworking man out thier money.
    Copyright © HerefordBully
  18. Like
    Prophecy got a reaction from Michal in The coming Gold crash   
    It's still 'backed' by a regulated proportion of 'assets' to maintain viability of the financial institution, not created out of absolute thin air how we imagine things simply. But because of this proportional backing we can treat it as thin air because it requires the whole multi dimensional system to keep moving.
    When you get your new credit card with 5k credit limit, that currency does not exist until you spend it. Why? Because the bank does not owe you any of that.
    To put it another way... currency IS IOUs.
    I'm not even going to go into the fact that when you deposit your currency at your bank, you are in fact lending it to them for which they pay a fee to borrow it from you (interest). We understand the system back to front from what it actually is and the system likes it that way.
  19. Like
    Prophecy reacted to sixgun in The coming Gold crash   
    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
     
  20. Like
    Prophecy reacted to GoldenPhil in Gold Monitoring Thread £ GBP only   
    Buy again today
  21. Thanks
    Prophecy got a reaction from Safestacker in The coming Gold crash   
    Interesting, I'm going to look that up
  22. Like
    Prophecy got a reaction from Silvergun in The coming Gold crash   
    TBH I don't care if gold crashes. I and many others will be buying. It's whether it stays crashed is the problem.
  23. Super Like
    Prophecy got a reaction from Oldun in The coming Gold crash   
    TBH I don't care if gold crashes. I and many others will be buying. It's whether it stays crashed is the problem.
  24. Like
    Prophecy got a reaction from MancunianStacker in The coming Gold crash   
    TBH I don't care if gold crashes. I and many others will be buying. It's whether it stays crashed is the problem.
  25. Like
    Prophecy got a reaction from HerefordBullyun in The coming Gold crash   
    But it is what it is, not what it should be. Conveniences make the monetary world go round whether we like it or not and this shortcutting will not go away.

    Added 0 minutes later... Exactly.
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