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HawkHybrid

Premium Member
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  1. Like
    HawkHybrid got a reaction from Oldun in Price Drop   
    wrong, look what at happened to the gold price($) since march?
    did it not drift lower in the few months that followed?
    logic can be wrong. facts are never wrong. don't base your
    argument on what 'should' happen. instead look at what 'has'
    happened in the past. remember all the logic that went into
    fed raising rates will make the gold price go down?
    I'm currently of the opinion that once this summer sale in gold
    is over it has a better chance of moving up to continue it's
    yearly rising trend. this could present itself as a good chance
    to buy gold. gold usually leads silver. a wedge pattern is not a
    consolidation pattern. it's a gathering strength pattern and
    could burst upwards or downwards.
     
    HH
  2. Like
    HawkHybrid got a reaction from engire in End game / why stack / why collect   
    since it was fixed at ~15:1 in the early 1900's until now the
    gold to silver ratio have been on a mostly widening trend.
    it's currently ~80:1. so since the 1900's until now(hold and
    forget strategy) gold would have outperformed silver. if
    this trend continues then for long term holdings without
    trading gold is expected to outperform silver. imo holding
    some gold is better than none. in the uk(didn't realise you
    are not uk based) the gold sovereign is one of the best ways
    to hold some gold. the low spread in trading gold sovereigns
    means that you only require a ~6% rise in the gold price to
    break even. since the dec 2015 low of ~$1050, gold has risen
    ~$250 in about 2.5 years, or averaging ~$100/year or ~8-9%
    per year. so should you decide/need to sell after a year of
    rising gold prices you are likely to be at least break even. this
    liquidity means gold is a much better choice for use as savings
    than silver. it makes gold a better choice as part of other
    strategies too.
     
    HH
  3. Like
    HawkHybrid got a reaction from Tn21 in End game / why stack / why collect   
    the spread(buying price minus selling price) on silver can be big.
    this makes it more suitable as a long term investment(decades).
    silver could rise a lot, it's swings from it's average are bigger.
    gold sovereigns are better as savings. due to the time it takes
    for a return, silver is a higher risk higher reward option and should
    be recognised as such with the appropriate limit on exposure. if
    you are finding it harder to see an exit strategy for silver, maybe
    it's because silver is harder to turn a profit. recognising all of the
    characteristics of silver will allow you to plan better how best to
    invest(or not).
     
    HH
  4. Like
    HawkHybrid got a reaction from JCRJM in End Game   
    in terms of purchasing power, bullion metals are unlikely to rise
    significantly. big rises are due to inflation changing the figures.
    eg when zimbabwe went hyperinflation, metals went through the
    roof(zimbabwe dollars). in the real world the purchasing power
    metals didn't change much, it's the zimbabwe dollar that moved
    a lot. it may be better to see metals as a way of saving a reliable
    access to a store of value that you can use at suitable times, eg
    when needed or for an opportunistic purchase of undervalued
    assets.
     
    HH
  5. Like
    HawkHybrid got a reaction from KDave in Choosing the right (few) coins for investment   
    I vote sovereigns
     
    HH
  6. Like
    HawkHybrid got a reaction from richatthecroft in Gold Short Term Investment?   
    if you haven't any, I would recommend putting at least
    part of the £20k in sovereigns. nobody knows what the
    future will bring but sovereigns track record makes it
    worth a punt.
     
    HH
  7. Like
    HawkHybrid got a reaction from richatthecroft in Gold Short Term Investment?   
    if you haven't any, I would recommend putting at least
    part of the £20k in sovereigns. nobody knows what the
    future will bring but sovereigns track record makes it
    worth a punt.
     
    HH
  8. Like
    HawkHybrid got a reaction from richatthecroft in Gold Short Term Investment?   
    if you haven't any, I would recommend putting at least
    part of the £20k in sovereigns. nobody knows what the
    future will bring but sovereigns track record makes it
    worth a punt.
     
    HH
  9. Like
    HawkHybrid got a reaction from Kman in Something to put your stack into perspective   
    that 1.6cm cube is 3 toz of gold or over 12 sovereigns worth.
     
    HH
  10. Like
    HawkHybrid got a reaction from MancunianStacker in Buying Gold in The UK   
    I vote sovereigns
     
    HH
  11. Like
    HawkHybrid got a reaction from Kman in Something to put your stack into perspective   
    that 1.6cm cube is 3 toz of gold or over 12 sovereigns worth.
     
    HH
  12. Like
    HawkHybrid got a reaction from Roy in Precious metal investments which is best?   
    I vote sovereigns
     
    HH
  13. Like
    HawkHybrid got a reaction from Roy in Precious metal investments which is best?   
    I vote sovereigns
     
    HH
  14. Like
    HawkHybrid got a reaction from KDave in Coin Collectors Market Prior to 2011   
    this is not from experience but my theory is that if demand for
    bullion picks up then the better grade coins and collectibles
    will rise in premium. if a dealer can sell any old bullion coin for
    spot+3% then why would they sell more premium stuff for the
    same price?
     
    HH
  15. Like
    HawkHybrid reacted to Lea79 in How great are Hatton garden metals?   
    Hi guys 😃
    Yesterday I sent 10 full sovs to Hatton garden metals to sell.  I’ve never sold any of my gold via a company before.  I ticked PayPal as my preferred payment method.  This morning I get a call from a lovley employee from HGM informing me that PayPal take a 10% charge if the payment is over £1000.  PayPal would charge me £200!! And I would i like a bank transfer instead. 
    I didn’t realise that PayPal charge as if never sold any that way before.  I think it great costumer service from HGM for informing me of this and in effect saving me £200 quid and that they deserve good feedback for this.  I’d definatly use them again for the ease and for the way they handled my sale. 
    Well done hatton garden metels and thanks for saving me £200 quid. 
  16. Like
    HawkHybrid got a reaction from KDave in Gold standard. What if?   
    I'm of the opinion that we should not go back to a gold standard
    as it was in history. paper currency is a good advancement over
    the previous gold standard. currency is designed for trade and
    trade 'only'. people should be educated to this fact and don't
    save in paper currency. there are people who accept money
    (gold, silver) for their goods and services. this is limited because
    it is limited to the amount people can put aside as savings.
    people are unwilling to accept gold/silver for all of their income
    because they need much of that income to be paid in currency so
    that they can pay their immediate bills/taxes. the gold standard
    have it's pros and cons. currently purchasing power is taken away
    from peoples currency via inflation. if we successfully limit this
    with the use of a gold standard then taxes will have to be raised
    elsewhere to make up for the shortfall. governments have budgets
    to balance and it all comes out of taxes one way or another. I
    agree with peter schiff when he says an improvements should be
    focussed on smaller and more efficient governments.
     
    HH
  17. Like
    HawkHybrid got a reaction from JCRJM in Gold is money   
    who pays for the vaulting of the gold?
    I think these companies are either just out to make a quick
    buck or don't understand money versus currency.
    currency is designed to facilitate trade. currency needs to be
    converted to money if the owner wants it to store value. I
    think of it like a current account versus give notice savings
    account. the current account allows you to buy things and
    the savings account gives better interest rates. using the
    savings account to buy things is poor money management.
     
    HH
     
  18. Like
    HawkHybrid got a reaction from JCRJM in Gold is money   
    who pays for the vaulting of the gold?
    I think these companies are either just out to make a quick
    buck or don't understand money versus currency.
    currency is designed to facilitate trade. currency needs to be
    converted to money if the owner wants it to store value. I
    think of it like a current account versus give notice savings
    account. the current account allows you to buy things and
    the savings account gives better interest rates. using the
    savings account to buy things is poor money management.
     
    HH
     
  19. Like
    HawkHybrid got a reaction from Scuzzle in Gold Price jump   
    interest rates do matter to the gold price in dollars.
    the gold price in dollars is a made up of 2 things.
    1. the price of gold.
    2. the price of dollars.
    interest rates represents the opportunity cost of dollars
    which affects it's price. currently the price gold($) is ~-1%.
    price of gold (£) is about -0.5%. assuming the £ is currently
    relatively stable means 50% of the current move is the gold
    price going up and 50% is a reflection of a weakening dollar.
     
    HH
  20. Like
    HawkHybrid got a reaction from Roy in I.D. help please Perth Nugget   
    https://www.perthmint.com/documents/2005_Perth_Mint_Numismatic_Coins311212 updated.pdf
    it says 10k mintage here?
     
    https://www.perthmint.com/documents/2002_Perth_Mint_Numismatic_Coins281112.pdf?_ga=2.154497784.1936512822.1518207175-829086618.1518207175&_ga=2.154497784.1936512822.1518207175-829086618.1518207175
    maybe a mix up with the 2002 coin mintage?
     
    HH
  21. Like
    HawkHybrid got a reaction from Scuzzle in DOW tanks   
    I think it's safer to go part gold part cash. gold went down
    in 2008 before it rose. peter schiff says this time it could be
    a dollar/bonds problem.
     
    HH
  22. Like
    HawkHybrid got a reaction from matrawr in Silver Monitoring Thread £ only.   
    imo there's nothing peculiar or wrong with what happened
    friday. my reasoning is this. silver follows gold. silver is
    almost a fomo(fear of missing out) buy due to high gold
    prices. gold has risen the month of january by a not
    insignificant amount($100). it needs to either temporarily
    trade lower or trade sideways for a bit to allow everyone to
    catch up and accept the new price. traders took advantage
    of the news on friday to make money betting on a fall in the
    prices of both gold and silver. silver got hit worse because
    it's more volatile and maybe because the american markets
    dow etc also took a battering(2%). near term lower prices
    were coming it's just a matter of when and what 'reason'
    would trigger it. there is no reason for silver to rise yet and
    people who saw this sold to use their reserves elsewhere.
    the silver and gold cycles can be up to 40 years. in the
    short to medium term (20 years or less) fundamentals mean
    very little. remember that line 'it's not about what is true, it's
    about what I can prove in a court of law'. fundamental injustice
    will hold until it can be proven and proving something takes
    time. until miners are forced to close the current state is likely
    to continue.
     
    HH
  23. Like
    HawkHybrid got a reaction from oliversw5 in Alan Greenspan - Euro Forecasted to Collapse   
    I think it's just a matter of time.
    one size fits all only works if everyone is the same size.
     
    HH
  24. Like
    HawkHybrid got a reaction from oliversw5 in Alan Greenspan - Euro Forecasted to Collapse   
    I think it's just a matter of time.
    one size fits all only works if everyone is the same size.
     
    HH
  25. Thanks
    HawkHybrid got a reaction from Silverhunter in Buying Cull Coins   
    I'm not sure I understand this bit.
    if you want to trade/speculate on the price of silver
    then I assume a trading account might work best.
    imo selling physical silver in any form can be a pain. you
    either need to sell it at a significant discount or be very
    lucky to have someone interested on being on the other
    side of the trade. it's just not that liquid.
     
    HH