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PrivateStacker195 reacted to a post in a topic: New coins coming soon.
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Foster88 reacted to a post in a topic: Gold Monitoring Thread £ GBP only
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We're all friends here 🤗
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Point taken on board. I’m not sure I’d be capable of poking fun at the Irish (nor would I want to) when half my family are Irish. I didn’t mean any offence to anyone Irish.
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@COBRASTACKER
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Coin Cabinet - Premium Auction 109
westminstrel replied to AndrewSL76's topic in General Precious Metals
The only problem (for me) is they don’t describe the condition of coins, unless no mention of condition is supposed to be taken as no issues? That’s a risky assumption to make. 😅 -
for sale Franklin Mint Space commemoratives, .925
Dhelzer82 replied to Dhelzer82's topic in USA & Canada (Ungraded)
i do not know the total silver weight and not gauging their value on that. they are all .925 price drop 720 plus shipping and any fees - Today
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@Foster88 I love you man but stop being so sensitive. So, it's ok to poke fun at the Irish but not homosexuals? 🙏
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What did I miss Squire? £1,859.47
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To the moon….?
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Many thanks! You could have left it after the first sentence tbh, I am not completely supine stupin d**k turpentine dumm you know!
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‘Jokes’ aside, this isn’t really funny. Not the place to post this. The forum is inclusive of everyone. The undertone of homophobia is dire, even said in jest.
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Sniff sniff..
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Altruistic of you to fall on your own sword
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The Pearson's correlation coefficient (r) measures the strength and direction of the linear relationship between two variables (the prices of gold and silver). A correlation coefficient of 0.7 to 0.85 indicates a strong positive linear relationship between the two variables, meaning that as the price of one metal (gold) increases, the price of the other metal (silver) tends to also increase and vice versa
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KWyatt joined the community
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Wassat for those of us who are not rocket surgeons?
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With his sterling silver microphone?
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AndrewSL76 started following Coin Cabinet - Premium Auction 109
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Evening! Coin Cabinet’s latest Premium Auction has just gone live. Some interesting coins including a 2021 Plain Edge Gothic Quartered Arms. Only 125 minted! Probably a bargain for someone in the end, I would think. Anyone in for anything? I have my eyes on a few things! Some lovely early Victoria silver, half sovereigns and a beautiful selection of farthings!
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I didn't know this property? Please save me looking it up 😊
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Well, that was a 'bit of a drop' in ten minutes 😮
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Like, laugh and thanks emoji 😊
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HonestMoneyGoldSilver started following I don’t believe in silver
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The Pearson's r coefficient between gold and silver ranges between a moderate and very strong positive correlation depending on the period in question. In general terms: A correlation coefficient between 0 and 0.3 (or -0.3) is considered a weak correlation. A correlation coefficient between 0.3 and 0.7 (or -0.3 and -0.7) is considered a moderate correlation. A correlation coefficient between 0.7 and 1 (or -0.7 and -1) is considered a strong correlation. Over the last 20 years the gold/silver correlation coefficient has been >0.7, meaning gold and silver prices have been strongly correlated over that period. Over the last 45 years gold/silver have at a minimum been moderately correlated throughout with extended periods of strong correlation In plain English: you can't stack gold and claim silver isn't an investment without committing a logical fallacy - i.e. calling silver a "non-investment" by default also makes gold a "non-investment" due to their strong correlation. Declaring you stack gold while simultaneously dissing silver and calling it "a waste of money", is essentially dissing yourself Over the last 3 months in GBP, gold is up 17.32% while silver is up 22.29% --------------------------------------------- Commander Locke: Damnit, Morpheus, not everyone believes what you believe. Morpheus: My beliefs don't require them to. --------------------------------------------- What else can we say about silver? Lots of things as it happens with silver acting as a proxy for global growth, mirroring the performance of Chinese GDP. Would we say that the MSCI Emerging Markets Index is an "investment"? Hmm, I guess it depends if we base our conclusions on personal opinions or observable facts Hmm, interesting. Is there any reason why silver should behave in this manner as a lagged proxy to Chinese GDP? Funny you should ask, there is: The price of silver is correlated to Chinese GDP and the manufacture of solar panels and batteries, which China has a virtual monopoly over. Well that's a strange coincidence. What would be really weird is if I told you the Chinese are starting to stack silver, like you said nobody would do. The US military are also stacking silver. That's all very odd for a metal they don't believe in. What would really seal the deal is if silver had a superior blend of performance metrics to any other naturally occurring substance that makes it ideal for certain applications. Silver has the highest conductivity of any metal, the highest reflectivity of any metal, is both ductile and malleable along with having antibacterial and catalytic properties I guess that seals the deal then, silver is officially an investment FWIW @BipolarStacker, my money would be on @Earthmetal 👍😁
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