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Scuzzle

Silver Premium Member
  • Posts

    1,875
  • Joined

  • Last visited

  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Like
    Scuzzle reacted to HonestMoneyGoldSilver in Silver to da' m00n!   
    Bitcoin is a totally separate asset group from gold
    BTC is risk-ON
    Gold is risk-OFF
    To equate the two shows a fundamental lack of understanding of financial markets but people in crypto don't care about fundamentals. The entire strategy of BTC in particular is a propaganda campaign. You'll find the vast majority of those who promote crypto merely parrot what their false prophets have told them to parrot. In many ways it is a "greater fool" asset, a ponzi scheme, with the only way to make money from it being to sell to the "greater fool" for a higher price than you paid. Bitcoin has zero utility. Precious metals have genuine functions from jewellery to medical devices (gold nano-tech) and electronics. There is gold and silver in every iPhone, there is no Bitcoin in your phone or computer
    Crypto has only been around since 2008 whereas gold and silver have been money for thousands of years
    I get triggered by the crypto evangelists. It's not that I don't own some crypto but those who claim you should dump all your money into it are disgusting individuals. It's never appropriate to put all of your financial eggs into one basket
    I am not giving investment advice here but most reputable advisors might tell you to put 10-25% of your investment portfolio into gold and precious metals while putting 1-5% in crypto. If you come across someone (like that greedy clown Robert Kiyosaki or the false prophet, Michael Saylor) telling you to put the majority of your funds into crypto, avoid them like the plague. They do this for one reason only - the more YOU put into crypto, or BTC in the case of Michael Saylor, the more money THEY make. It's as simple as that, a ponzi scheme with the false prophets issuing decrees from the tip of the pyramid
  2. Super Like
    Scuzzle got a reaction from HonestMoneyGoldSilver in Silver to da' m00n!   
    Best way I think for someone today to buy silver is on here in the sales section from a trusted seller.  Sadly you have missed the boat on VAT free and margin scheme VAT silver so that added 20% is something to contend with straight away.  If you are in the UK you get the capital gains tax benefits from stacking UK bullion but at the rate they keep changing the regulations and reducing the threshold that might not be an advantage for long but I would still recommend stacking the sovereign bullion coin of where you reside.
    You just bide your time and snap up sales of tubes of Britannias and 10oz Britannia bars when they come along at the right price on here and this will get you better deals than from bullion dealers but as others have said if you don't already have a position in gold I would get one as there is no VAT on that and it's a tier one asset that's only going to increase as the world devolves into madness.  Silver will break out one day as it's fundimentals are all excellent but it's such a tiny market and the world is so awash with paper currency and corruption it's hard to predict when that day will come.  The demand for silver for this green futture we are embracing is undeniable so it should see the same short squeeze scenario that platinum and palladium did when they were required for catalytic converters.
    Bitcoin is worth considering also but just be wary of the inevitable rug pull that always comes, we are in a Presidential selection cycle and assets are always pumped in the run up to this and always usually immediately dumped afterwards, can't blame the new guy he's only just taken office, can't blame the old guy the markets were at all time highs when he was in the big seat.  Gold and silver can never go to zero they will always have some kind of worth which is another reason they are a great addition to a financial portfolio.
    Also I would store everything in your own posession if possible, hide it away well, another benefit of holding precious metals is there is no counter party risk, your asset is not someone elses liability.  If you store it or vault it somewhere you add counter party risk, you run the risk of someone stealing it or having it confiscated if the government decides to change the rules one day.
  3. Thanks
    Scuzzle got a reaction from iacabu in 9ct gold chains   
    I'll take the rope chain thanks, just PM me with how you want paid.
  4. Super Like
    Scuzzle got a reaction from Silverlocks in Silver to da' m00n!   
    Best way I think for someone today to buy silver is on here in the sales section from a trusted seller.  Sadly you have missed the boat on VAT free and margin scheme VAT silver so that added 20% is something to contend with straight away.  If you are in the UK you get the capital gains tax benefits from stacking UK bullion but at the rate they keep changing the regulations and reducing the threshold that might not be an advantage for long but I would still recommend stacking the sovereign bullion coin of where you reside.
    You just bide your time and snap up sales of tubes of Britannias and 10oz Britannia bars when they come along at the right price on here and this will get you better deals than from bullion dealers but as others have said if you don't already have a position in gold I would get one as there is no VAT on that and it's a tier one asset that's only going to increase as the world devolves into madness.  Silver will break out one day as it's fundimentals are all excellent but it's such a tiny market and the world is so awash with paper currency and corruption it's hard to predict when that day will come.  The demand for silver for this green futture we are embracing is undeniable so it should see the same short squeeze scenario that platinum and palladium did when they were required for catalytic converters.
    Bitcoin is worth considering also but just be wary of the inevitable rug pull that always comes, we are in a Presidential selection cycle and assets are always pumped in the run up to this and always usually immediately dumped afterwards, can't blame the new guy he's only just taken office, can't blame the old guy the markets were at all time highs when he was in the big seat.  Gold and silver can never go to zero they will always have some kind of worth which is another reason they are a great addition to a financial portfolio.
    Also I would store everything in your own posession if possible, hide it away well, another benefit of holding precious metals is there is no counter party risk, your asset is not someone elses liability.  If you store it or vault it somewhere you add counter party risk, you run the risk of someone stealing it or having it confiscated if the government decides to change the rules one day.
  5. Like
    Scuzzle reacted to Silverlocks in Silver to da' m00n!   
    Rule #1 of buying silver in the UK - VAT really ganks the value of investment in silver.  Buying and selling through conventional dealers will get you a spread of 30% or more, which makes it not worth doing this way.
    But . . .
    You can buy and sell on the secondary market at manageable spreads.  If you keep an eye out here and the various other places where folks buy and sell silver, you can buy and sell at a far more sane spread.  The going rate for 1oz coins is somewhere about £23 (give or take - maybe a little more with silver going up), and there are people you can buy from around this price point.  Bars in the 10 oz to 1kg range are also worth buying at the right price. 
    You need to understand your exit strategy, which is just a fancy way of saying 'How do I flog my coins?'  With silver, buying and selling to dealers isn't cost effective, so your exit strategy for silver will have to be based off selling back to the secondary market.  Therefore you have to pay attention to liquidity - i.e. what people will buy, and at what price you can make a quick sale.  As a starting point, think of tubes of 1oz coins, and bars in the 10 oz to 1kg range.  Take a look in the UK ungraded section for sales to get a sense of the going rate for these on the open market.
    Consider also buying gold in the portfolio, unless you really want to bet on silver going to the moon.  The folks in that video are notorious for circulating clickbait about how silver is about to jump in price, and have been running this schtick for years now.  
  6. Like
    Scuzzle got a reaction from iacabu in 9ct gold chains   
    What width is the rope chain?
  7. Like
    Scuzzle reacted to Gruff in Gold Monitoring Thread £ GBP only   
    Absolutely, the increase in the gold price is actually the devaluation of FIAT. Hence why gold and silver are manipulated the way they are. If true price discovery were to be allowed, all banksters and politicians around the planet would be rounded up and locked away as the general population would see how worthless FIAT really is
  8. Like
    Scuzzle reacted to ilovesilverireallydo in CashGold Karat Pay 0.1gm Gold notes   
    These fractional notes usually sell between £9-12 each. I have just had a large delivery so bargains available.
     
    Selling in bulk lots:
    10 £78.50 (1gm 999 fine content total)
    50 £375  (5gm 999 fine content total)
    100 £710  (10gm 999 fine content total)
    post on top at cost. 
     


  9. Like
    Scuzzle reacted to SiCole in RM 5gr Bars   
    4 currently available
    little treasure bars
    £282 posted each

  10. Like
    Scuzzle reacted to LiquidMetalsUK in Half Ozt Hot Nuggs 999 FS   
    Half Oz Hot Nuggs. Cool tones on each one 
    4 currently Available 
    £16 plus post 
    £3.50 first signed 
    £7 special delivery
    Or add to box 
    Ppff, wise or BT

  11. Like
    Scuzzle reacted to RiverbankSilver in Fox on a log   
    Fox on a log serial no 1
    Solid .999 fine silver 
    140g
    Hallmarked (Edinburgh assay office) 2024 Z
    Not sure how many of these I will make due to the time involved.
    £180 posted 
    Thanks for looking 


  12. Haha
    Scuzzle reacted to RiverbankSilver in Flashing banana men   
    Flashing bananas are back  🍌 😁
    6 available 
    .999fs
    Weight 14.5g minimum 
    Hallmarked (Edinburgh assay office) 2024 Z
    £20.50 plus post each
    Thanks for looking 👀 

     
  13. Like
    Scuzzle reacted to Wilburwombat in Chiwoo Cheongwang 2024   
    Martin the Silver Trader has it down on his 'coming soon' list. His other South Korean coins are around the £32-£33 mark, so hopefully this one will be in the same ballpark once it's in stock.
  14. Like
    Scuzzle reacted to BullionMan89 in 10oz Silver Bullet with box   
    £290 plus postage, only one available

  15. Like
    Scuzzle reacted to NGMD in Today I Received.....   
    The problem with seeing everybody else ‘TIRs’ is that I like them.
    Not big dollars but they appeal to me.
    I know @MaxeBaumann Is another admirer of the gilded❤️
     
    2018 SOTD George 5th B/Day Sovereign(Mint 750) 
    2022 Memorial Sovereign Proof
    2023 2oz Gilded Kisune Masks (Mint 500)
    2023 BU 2oz Gilded Aztec Sun stone(Mint 500)
    2024 1/4 Bullion Sovs (Not for me but you’ve gotta follow the crowd) Thanks @bobski


  16. Like
    Scuzzle got a reaction from GoldenGriffin in Today I Received.....   
    A sword of St Michael, it's really nice outside the capsule and something differerent but when inside the capsule it sqeaks and creaks like crazy.

  17. Super Like
    Scuzzle got a reaction from Coverte in Today I Received.....   
    A sword of St Michael, it's really nice outside the capsule and something differerent but when inside the capsule it sqeaks and creaks like crazy.

  18. Super Like
    Scuzzle got a reaction from Jake0111 in Today I Received.....   
    A sword of St Michael, it's really nice outside the capsule and something differerent but when inside the capsule it sqeaks and creaks like crazy.

  19. Super Like
    Scuzzle got a reaction from Zhorro in Today I Received.....   
    A sword of St Michael, it's really nice outside the capsule and something differerent but when inside the capsule it sqeaks and creaks like crazy.

  20. Like
    Scuzzle reacted to bobski in Today I Received.....   
    Filling more gaps. Courtesy of @Bowie

  21. Like
    Scuzzle got a reaction from slack in Today I Received.....   
    Not to be confused with Herpes the god of scabby lips.
  22. Like
    Scuzzle got a reaction from slack in Today I Received.....   
    A sword of St Michael, it's really nice outside the capsule and something differerent but when inside the capsule it sqeaks and creaks like crazy.

  23. Like
    Scuzzle got a reaction from MaxeBaumann in Today I Received.....   
    A sword of St Michael, it's really nice outside the capsule and something differerent but when inside the capsule it sqeaks and creaks like crazy.

  24. Haha
    Scuzzle got a reaction from bobski in Today I Received.....   
    Not to be confused with Herpes the god of scabby lips.
  25. Like
    Scuzzle reacted to Zeton in Today I Received.....   
    Hi All  
    Today I met a guy who posted an ad on one of the Facebook groups yesterday, look what I bought :







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