breaktwister

Don’t buy “SLV”. It is not backed by physical, it’s purely paper. 
Buy “PSLV”, it’s backed by physical.
Buying some throufh my SIPP on Monday. 😁 
- Physical
- Tax free capital gains via SIPP (pension) or via a self-select ISA
- No real limit
- I can buy any amount of silver and sell it the same day of required, no storage, no need to find a buyer.

i heard an interesting idea on the gold and silver market manipulation. It came from London Paul of the Sirius Report.
He supposed that the silver shorts were not ultimately being held by the Big 8 shorts (Bullion Banks) as laid out by GATA et al - they were being held by the Exchange Stabilisation Fund.
Bank would carry out the instructions of the ESF but it is the ESF that is behind it all. It actually fits in with their remit which is to defend the dollar. They have as much firepower as necessary and are in effect above the law. They can have as much paper gold and silver generated as needed to control and suppress price.
The only thing that will take the control system down is when all the physical is drained away and any remaining confidence in the paper market to determine price is gone. 
i don't actually give Bix Weir much time but i do remember he would say that the price was managed from the basement of the US Treasury at the push of a button - for once Bix could well be right. 

The CME futures shorts on silver are between 100-600 times the amount available for delivery.  These are banks selling to control the price.  Don't ask me why, becuase all answers are only speculation.   What can be said as a fact is if they are forced to 1) close their shorts or 2) deliver the metal, the price will go parabolic, perhaps no offer as these banks do not have the metal to deliver.

https://twitter.com/TheLastDegree
https://goldsilver.com/blog/first-gamestop-next-silver/
Basically, we know the large banks are heavily short silver on the Comex futures market, as much as 250 times the amount of silver available for delivery.  If enough people purchase physical silver directly from dealers and mints, or via ETFs (PHAG in the UK, PSLV elewhere) then the Comex can be drained quickly forcing bullion banks to close their shorts.  This is a huge deal and could see physical silvers shortages appear very quickly globally.
 

call me old fashioned by why not just buy the physical?

https://twitter.com/TheLastDegree
https://goldsilver.com/blog/first-gamestop-next-silver/
Basically, we know the large banks are heavily short silver on the Comex futures market, as much as 250 times the amount of silver available for delivery.  If enough people purchase physical silver directly from dealers and mints, or via ETFs (PHAG in the UK, PSLV elewhere) then the Comex can be drained quickly forcing bullion banks to close their shorts.  This is a huge deal and could see physical silvers shortages appear very quickly globally.
 

https://twitter.com/TheLastDegree
https://goldsilver.com/blog/first-gamestop-next-silver/
Basically, we know the large banks are heavily short silver on the Comex futures market, as much as 250 times the amount of silver available for delivery.  If enough people purchase physical silver directly from dealers and mints, or via ETFs (PHAG in the UK, PSLV elewhere) then the Comex can be drained quickly forcing bullion banks to close their shorts.  This is a huge deal and could see physical silvers shortages appear very quickly globally.
 

Guys, I was surprised to see no thread on here about the movement that began on r/wallstreetbets last week to move their short squeeze activity into the silver market.  This resulted in recent price movements in silver.  A lot of information is on  https://twitter.com/TheLastDegree
https://goldsilver.com/blog/first-gamestop-next-silver/
Basically, we know the large banks are heavily short silver on the Comex futures market, as much as 250 times the amount of silver available for delivery.  If enough people purchase physical silver directly from dealers and mints, or via ETFs (PHAG in the UK, PSLV elewhere) then the Comex can be drained quickly forcing bullion banks to close their shorts.  This is a huge deal and could see physical silvers shortages appear very quickly globally.
 

Ops, I didnt see the existing thread, I am happy for mods to move this to "Wallstreetbets eye up SLV" 

My proof £10 Britannia collection, missing in gold: 1991, 1992, 2000, 2002, 2006, 2008, 2009 and 2012 -  present. 

.

I actually did it myself on photoshop
Used Cara Delevingne's side portrait, smoke paintbrushes, a little inner shadow and ta da lol.  
 

Looks a little like the start of a james bond movie .
I like it.

The guy has no more idea than the man in the Moon about what is going to happen over the coming months or year.
There have indeed been some large volume sells going on - this means there have been some large volume buys going on. For ever contract sold there is a contract bought. There are many calls at the moment for gold to go down into the end of the year. When there are many calls about anything you can be sure it is propaganda at the behest of the central planners
The paper markets are managed by the central planners because this is part of their management of fiat currencies and stock market indices. The single seller volumes that get flushed through breach intra-day position limits. These get reported for what it is worth to the so-called regulators who ignore these reports b/c it is their ultimate bosses who are doing the selling. There have been some desperate attempts to cap price at critical moving averages in the last few weeks. The only reason for the big volume sells is the likes of the Bank of International Settlements and agents of the Fed have been selling 100's of tonnes of paper gold and triggering stops of 1000's of tonnes of speculator positions. The problem they face when this happens and price slumps it triggers a tsunami of physical buy orders that sit there waiting. These take a few days to ultimately hit the markets but when these are presented for delivery they can and do push price higher b/c bullion banks have to deliver and they hedge this. The reason price is not at $800 is simply b/c of the physical market.
There is a game being played between Western central planners attempting to prop up the USD and the stock and bond markets on the one side and the Asian physical buyers, including their central banks on the other. For as long as physical can be delivered at bargain prices the physical market participants are happy for this to continue, all the time draining Western vaults until they are dry. i genuinely see this game is reaching a climax. i know large tonnage buy orders have been blocked, i hear 100's of tonnes of gold are going through the Exchange for Physical COMEX conduit which is supposed to be an exceptional event but this has been ramping up over recent months. Here COMEX shorts are actually being confronted with demands for delivery that will not go away even with bribes of large premiums. Even the regulators are feeling inclined to look into this.
This is building up and has been building up over the summer. Physical buying appears to be as strong as in 2008 when gold launched into its huge bull run. None of this will ever be visible from a chart of phantom gold proxies like GLD. Something is brewing and a price reset is certainly not a million miles away. A concerted physical buying frenzy is all that would be needed to close the markets and reset price significantly higher. When this does happen and it will, it will not be a slow process.

He most certainly does like hands. I was drawn to the Trust sculpture whilst I walked past an art gallery window. It had a lot of meaning to my wife when she saw it as it reminded her of when I looked after her when she was ill. I stayed off work at the time and wouldn't leave her side.
And there's me thinking it just looked nice 

@breaktwister
I was lucky and grabbed the 1/1 gilt rose version

Excellent guess, was £4,200.00
£4.2k for a print of tetris pixel art of someone else's art 

Just picked up one of these, released today limited edition of 125.  Thanks to mr dead or I would not even have known about the artist John Doe....
http://johndoestore.bigcartel.com/product/another-day-in-paradise-blue-rose-screen-print
 

Just picked up one of these, released today limited edition of 125.  Thanks to mr dead or I would not even have known about the artist John Doe....
http://johndoestore.bigcartel.com/product/another-day-in-paradise-blue-rose-screen-print
 

Grabbed a few more pieces recently.
Latest one I am waiting on being delivered is this Geremy Geddes piece,  bought his one for myself as I really like his work

When using money from gold sales as part of the deposit to buy property I had to prove buying and selling the coins, I assume to prove I did not receive them as a gift, and also to meet money laundering requirements - not sure what recipes prove in that department though to be honest. Keep your invoices when purchasing and stick them in a safe deposit box with your metals like paul says. 
There is another advantage if you stack only one or two types of coin. You can use invoices for the same type, say sovereigns, which will over the years have different values and this will allow you to play tax games - claim you are selling coins at a loss by using recent invoices if spot drops, or in the future if CGT free status is removed and you sell coins that were bought 10 years prior, use invoices from recent purchases. 'Mixed years' invoices are a good hedge against future tax changes.  

Eventually we would like to move up the property ladder to a bigger house, but in today's low inflation envorinment that is much more difficult that it has been if you had bought a house 20-30 years ago as debt is not eroded by wage inflation. So the only option is to make overpayments to bring your mortgage term down. Most people stretching themselves buying "starter homes" today will find it almost impossible to trade up without a significant increase in income. When you hear people saying that the "economy is not working for them" this is precisely the sort of thing that makes it so.

My suggestion is meet a girl/woman during middle age who has lots of equity in her house, when she moves in use the equity to pay of the remainder of your mortgage.
Financial independence achieved at 40.

Is it possibly the same coin used to make the purchase?