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FriedrichVonHayek

Silver Premium Member
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Reputation Activity

  1. Like
    FriedrichVonHayek reacted to stefffana in Sterling silver Wallace grand baroque   
    It is a nice set, indeed, but usually difficult to sell. The people who are interested and can afford to buy a full set are only very few, unfortunately. There are many sets advertised online on antique websites or auction houses for big prices, but are not selling, even in years. 
    The person who will buy your set will buy it to keep it in family as a heritage for children.
    Your set is made by a well-known silversmith and is complete, so this is a good start.
     
    Options for you:
    1. Split the set and sell them individually on Ebay. They will sell probably @10% over spot. After deducting the fees, the result is under spot. Don't do it.
    2. Sell the set to a bullion dealer. They will pay @15% under spot. Don't do it.
    3. Contact an auction house. Maybe they will sell it @30% over spot. After deducting their 35% fees, the result is under spot. Don't do it.
    4. Try to sell at forum as a set. I am sure you will find someone willing to pay 10%-15% over spot. I don't think you will be able to achieve more, unfortunately. 
    I know, usually the expectations are higher, especially seeing online prices for similar articles, but from my experience silver flatware/tableware will not sell for more. 
    Good luck with whatever you will decide to do!🤗
  2. Like
    FriedrichVonHayek reacted to ArgentSmith in I don’t believe in silver   
    Silver has started to outperform Gold recently, this trend is in early stages imo
  3. Like
    FriedrichVonHayek got a reaction from ArgentSmith in Silver Monitoring Thread £ (GBP) only.   
    Shanghai
    23 Apr 2024 
    PM USD 29.86
    The Chinese are maintaining the $3 premium, at some point the West is going to run very low on Silver.
    They seem to be ridding themselves of US Treasuries and buying up commodities instead.
  4. Like
    FriedrichVonHayek reacted to Chronos in Silver Monitoring Thread £ (GBP) only.   
    Shanghai Futures Exchange Sees 2.5% Silver Vault Draw-Down Overnight:
    https://jensendavid.substack.com/p/shanghai-futures-exchange-sees-25
  5. Haha
    FriedrichVonHayek reacted to stefffana in Silver Monitoring Thread £ (GBP) only.   
    I bet you are a vegan cyclist!

  6. Like
    FriedrichVonHayek got a reaction from gji25 in Silver Monitoring Thread £ (GBP) only.   
    Shanghai
    23 Apr 2024 
    PM USD 29.86
    The Chinese are maintaining the $3 premium, at some point the West is going to run very low on Silver.
    They seem to be ridding themselves of US Treasuries and buying up commodities instead.
  7. Super Like
    FriedrichVonHayek got a reaction from katyc in Silver Monitoring Thread £ (GBP) only.   
    There's a $4 arbitrage between Silver in Shanghai and Silver in Western markets.
  8. Super Like
    FriedrichVonHayek got a reaction from katyc in Silver Monitoring Thread £ (GBP) only.   
    Shanghai
    23 Apr 2024 
    PM USD 29.86
    The Chinese are maintaining the $3 premium, at some point the West is going to run very low on Silver.
    They seem to be ridding themselves of US Treasuries and buying up commodities instead.
  9. Like
    FriedrichVonHayek got a reaction from m3rlin in Silver Monitoring Thread £ (GBP) only.   
    Shanghai
    23 Apr 2024 
    PM USD 29.86
    The Chinese are maintaining the $3 premium, at some point the West is going to run very low on Silver.
    They seem to be ridding themselves of US Treasuries and buying up commodities instead.
  10. Like
    FriedrichVonHayek reacted to HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only   
    As a killer, tyrant and all round cXXXXt once said:
    “It is necessary sometimes to take one step backward to take two steps forward.”  (Lenin, of Marxist-Leninist fame)
    Gold IMHO is doing what it should be doing. We have a wide range to exploit/consolidate between $2200-2375. The longer we stay in this range without breaking above of below, the more likely we are to get another sustainable move up of similar magnitude to the past few weeks
    Check my comments going back 12 months (if you are bored and have infinite time on your hands). The key point for me is $2300. It's nice for us to have the £1900 level psychologically and we're pretty much there (£1898.21). In Yankee Disney tokens we're at $2341 which is great. Everything is going according to plan

  11. Haha
    FriedrichVonHayek got a reaction from ArgentSmith in Baird Mint 1oz .9999 silver rounds   
  12. Like
    FriedrichVonHayek reacted to BriEarl in Full sovereign’s   
    These are long gone but spot is £1350 so your a million miles away 👍🏻
    Sold mate 
  13. Super Like
    FriedrichVonHayek got a reaction from Gruff in Silver Monitoring Thread £ (GBP) only.   
    The Shanghai fix has been updated and the arbitrage is down to $3.
  14. Like
    FriedrichVonHayek reacted to Gruff in Silver Monitoring Thread £ (GBP) only.   
    That's a big amount in % terms... PMs will continue to flow Eastwards
  15. Super Like
    FriedrichVonHayek got a reaction from Gruff in Silver Monitoring Thread £ (GBP) only.   
    There's a $4 arbitrage between Silver in Shanghai and Silver in Western markets.
  16. Super Like
    FriedrichVonHayek got a reaction from stefffana in Silver Monitoring Thread £ (GBP) only.   
    There's a $4 arbitrage between Silver in Shanghai and Silver in Western markets.
  17. Super Like
    FriedrichVonHayek got a reaction from HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only   
    Looking at a long term chart it's highly unusual for the ratio to be so high.
  18. Like
    FriedrichVonHayek reacted to Gruff in Gold Monitoring Thread £ GBP only   
    ssstwitter.com_1713685724151.mp4    
  19. Like
    FriedrichVonHayek got a reaction from gji25 in Gold Monitoring Thread £ GBP only   
    Looking at a long term chart it's highly unusual for the ratio to be so high.
  20. Like
    FriedrichVonHayek got a reaction from gji25 in Gold Monitoring Thread £ GBP only   
    Nothing's guaranteed but there's a decent possibility of it happening.
  21. Like
    FriedrichVonHayek reacted to Bratnia in Gold Monitoring Thread £ GBP only   
    Similar might be applied to stocks, Dow/Gold ratio. In 1980 a ounce of gold near bought a single Dow stock index share, by the end of 1999 a Dow stock index share bought 40 ounces of gold. https://www.macrotrends.net/1378/dow-to-gold-ratio-100-year-historical-chart
  22. Haha
    FriedrichVonHayek got a reaction from katyc in Baird Mint 1oz .9999 silver rounds   
  23. Haha
    FriedrichVonHayek got a reaction from Shuaib121 in Baird Mint 1oz .9999 silver rounds   
  24. Like
    FriedrichVonHayek got a reaction from Petra in Gold Monitoring Thread £ GBP only   
    Looking at a long term chart it's highly unusual for the ratio to be so high.
  25. Haha
    FriedrichVonHayek reacted to gji25 in Gold Monitoring Thread £ GBP only   
    Get a higher paid job maybe ?
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