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Reputation Activity
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Roy got a reaction from Gruff in Silver Monitoring Thread £ (GBP) only.
They are selling at that here 😊
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Roy reacted to kimchi in I don’t believe in silver
Wassat for those of us who are not rocket surgeons?
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Roy got a reaction from Gruff in Silver Monitoring Thread £ (GBP) only.
It looks like the market has decided on £25/oz plus post for Brits.
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Roy got a reaction from HonestMoneyGoldSilver in I don’t believe in silver
I didn't know this property? Please save me looking it up 😊
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Roy reacted to ZRPMs in I don’t believe in silver
As most here I have a bit of silver. To be totally honest I don't know why, but I like to keep in-between 12/1 and 8/1 silver to gold, I think someone mentioned that coming out of the ground there is 8 times more silver to gold and it's stuck in my mind. My gold is in the form of coins and mostly sovereigns and the silver I have is mostly in the form of bars. I do prefer the kilo bars to the ounce coins though. The issue I have with silver is the premiums and the VAT. I do try to keep an eye on the average cost for both gold and silver.
As some interesting metrics, Currently I'm at £1,627.96 oz on my gold and £20.08 oz on the silver. Also whilst I have 9.58 times more silver weight than gold, my gold value is 8.92 times more at spot prices than the silver.
I just think silver as an industrial metal is too useful for industry to be allowed to get too pricey as an investment metal. Gold on the other hand as a tier 1 asset I think is the one to stack.
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Roy reacted to katyc in Silver Monitoring Thread £ (GBP) only.
(Reported self for mentioning USD in a GBP thread)
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Roy got a reaction from Gruff in Silver Monitoring Thread £ (GBP) only.
I like that! Long may it reign 😊
So £25 pp is a bargain?
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Roy got a reaction from katyc in Silver Monitoring Thread £ (GBP) only.
I like that! Long may it reign 😊
So £25 pp is a bargain?
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Roy reacted to stefffana in I don’t believe in silver
I really love silver and I believe in its potential. I have been attracted from beginning, my first piece of silver ever bought was a teaspoon from a charity shop. Then few high premium ounces (yes, beginner's mistake). I have started collecting and stacking for few years, I have changed in time my stacking habits, until I've been happy with the balance I've found, to satisfy my appetite without destroying my budget.
Now, in my stack I have gold and silver in various shapes and purities, trying to keep approximately the same value, so ratio 1:1 gold vs silver.
Because everything is going to my daughters and my granddaughter, I am happy. The precious metals I am buying and keeping will not offer me a retirement in Tenerife, but will offer me a peace of mind about a financial insurance for my children and grandchildren.
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Roy reacted to Dalriada83 in I don’t believe in silver
I got into a spot of 'light' stacking just as a hobby really - I liked the look and feel of the coins and it was the coronation year with all the 'special' Brits and Sovereigns and suchlike. Then I started watching more of the podcasts - to be honest the American ones with the 'prepper' slant made me laugh, these folks are seriously nuts, but most of the Brits are fairly sober minded with 'collectible' enthusiasm mixed in. Then I watched one too many CobraStackers and his collectible enthusiasm started to rub off - next thing I know I'm up to my arse in Germania and Perth mint limited strikes, I swear I now dream of shooting freaking Kookaburras with an F35! But as for getting rich, it's never going to happen, I'm planning on divying my collection amongst an expanding number of grand kids so it'll be their headache at the end of the day. I just enjoy the whole experience as a somewhat expensive hobby. Maybe i should have stuck to gardening but there's just not the same buzz in getting your hands on a limited edition Duchy of Cornwall watering can.
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Roy got a reaction from Silfrfish in Silver Monitoring Thread £ (GBP) only.
I like that! Long may it reign 😊
So £25 pp is a bargain?
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Roy got a reaction from stefffana in Silver Monitoring Thread £ (GBP) only.
I like that! Long may it reign 😊
So £25 pp is a bargain?
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Roy got a reaction from James32 in Silver Monitoring Thread £ (GBP) only.
I like that! Long may it reign 😊
So £25 pp is a bargain?
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Roy reacted to theman73 in Silver Monitoring Thread £ (GBP) only.
How many are selling at that price? 10? 20?
The forum is a closed market, more of a PM fun club.
The real price of the secondary market is made by the dealers pre-owned offer and eBay.
What we see here for sale right now is a limited old stock sold by the stackers cashing in the profit.
Britannia KCIII under £27 it's a bargain at this spot price.
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Roy reacted to Paul in Silver Monitoring Thread £ (GBP) only.
Speaking as an old bitter and twisted stacker, even when silver went sub £10 the price of an actual physical 1oz delivered isnt much less than today,it hasn't deviated too much at all to be fair.
If I had my stacking life again, play the silver percentages on bullionvault/gold money/ETF
Physical in UK = dead duck for common bullion
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Roy reacted to ZRPMs in Silver Monitoring Thread £ (GBP) only.
Too much meat on my bones to be accused of being a vegan. Or cyclist for that matter.
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Roy got a reaction from James32 in Silver Monitoring Thread £ (GBP) only.
They are selling at that here 😊
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Roy got a reaction from stefffana in Silver Monitoring Thread £ (GBP) only.
They are selling at that here 😊
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Roy got a reaction from stefffana in Silver Monitoring Thread £ (GBP) only.
It looks like the market has decided on £25/oz plus post for Brits.
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Roy reacted to stefffana in Gold Monitoring Thread £ GBP only
Nope. But they sell anchovies.
Take out their eyes one by one. Wash them with cold water, put them in a sterling silver bowl, spread over them 5ml of olive oil and serve them as russian caviar. Look the same, taste the same, will cost you under £5, even your friends will be fouled.
If you don't have a silver bowl, call a friend!😘
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Roy reacted to katyc in Gold Monitoring Thread £ GBP only
100%. I joke about the price - and act sad when it dips. But really the dip was inevitable. It couldn't bull like that without a correction. Gold is doing it's thing. It's setting higher lows. It's all part of the process. As long as we keep out of that nasty Fiat and stay patient, then we are all in the right place.
Um Dannon.
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Roy reacted to Paul in Gold Monitoring Thread £ GBP only
We need to stop thinking in fiat pounds and pence, when it looks like gold has thrown a wobbler and it's hell on earth if it tanks £100oz in the terms of how many freddos it will buy us
Trust the percentages, it's adjusted a few % nothing more
We are learning and experiencing 'new normals'
Stay the course, carry on stacking
Ignore short term noise in price movements
Inspirational sponsored quote brought to you today by "whippet and gravy Yorkshire pies" Est. 1819
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Roy reacted to Earthmetal in Gold Monitoring Thread £ GBP only
Don't worry, it was only a Minor error.
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