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Hello from a newbie...Couple of Q's


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Decided to diversify into PMs a couple months ago. TSF has been a great resource. Couple questions I had:

Are milk spots on 1OZ Brits inevitable or is just random? LOL Seems like a pretty big thing for RM to ignore. Are there any years which are better quality than others?

Do any sellers on here accept BTC or GBP via the lightning network as payment?

Are there any objective resources/report regarding silver? Everyone seems to be talking their own book and reddit is just full on conspiracy theorists. YT has been good for showing what the PMs look like.

Wrapping my head around the face value and melt value? Does this just show debasement of fiat currency?

TIA

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Hello and welcome on forum!

1. Milk spots are inevitable.. All the years are more or less affected.  Not only with 1oz Britannia, a lot of mints have the same problem. But, good news: a milk spotted coin is a genuine one!😜 

Because the casted silver bars seems to not be affected by milk spotting, probably it is a residual chemical product used to clean the blanks or dies of minted coins/bars. Nobody knows exactly why and when will appears on your shiny coins. We need to live with this. Personally, I am not bothered by milk spots, even others are very upset.

2. I have seen few forum members accepting BTC as payment, but only a few. Usually, the accepted payments are in bank account or PayPalFF. I don't know what is GBP via the lightning network, so I can not answer.

3. Yes, there are lots of conspiracies around, but try to stay away. Just buy how much you can afford, have a good budgeting plan, build your stack step by step, wisely, try to not pay huge premiums for your metals. Try to read on forum, there are more informations about coins, bars, precious metals and good advices as in a library. Don't be afraid to ask any questions. You will find on here very friendly people happy to help.

would suggest you to upgrade your membership to have immediate access to see the sale posts. There are very often good bargains and are selling in minutes. As a regular member, you can see the sale posts only after three days, usually after they are completed. The silver membership will cost you only few pounds monthly, but you can save a lot of money buying gold and silver at good prices from another forum members.

Happy stacking!

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2 hours ago, stefffana said:

2. I have seen few forum members accepting BTC as payment, but only a few. Usually, the accepted payments are in bank account or PayPalFF. I don't know what is GBP via the lightning network, so I can not answer.

 

Thanks for your answers. Hopefully RM find a solution.

The Lightning Network sits on top of the BTC Network and allows faster cheaper transactions and you can send fiat, provided you have the right wallet.

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