lubi29

Ordered on Tuesday from Tavex 1/4 Oz Lunar Tiger with  Sovereign I got few weeks ago.

Ordered on Tuesday from Tavex 1/4 Oz Lunar Tiger with  Sovereign I got few weeks ago.

Ordered these Friday and turned up already despite being told Saturday due to stock issues.
 
big Sov and little Sov.

I'm blaming @HerefordBullyun for this one lol.
Big thanks to @ilovesilverireallydo for today's arrival 🙌 

A bit late for Christmas, chocolate coins! 


A very unique arrival today. 

One of the cleverest adapted coins I've ever seen

2 more to add to the long term collection. Britannia designs can be hit and miss but the Philip Nathan’s are most definitely my favourites, these 2 in particular. @Royand @trozau can definitely appreciate. I have the 1/4oz in all 5 designs but I think I need all the 1oz’s in my life 😊 

Well dipping my toe into uncharted waters and well out of my comfort zone is a 1937 Proof Specimen Set. I was lucky to find this pretty much unmolested set in a local antique dealer and after a bit of help and advice from @richatthecroft (Thanks Rich) I took the plunge.
My rubbish photography and no natural light don't really show how nice this really is overall.Toning is minimal on the siver coins and just is a really nice set you don't come across very often and I was lucky to find.






 

I believe the 10 coin sets that were released at the end of the series had booklets included. I've not seen inside one i'm afraid.
I decided to add some stamp sets to finish of my collection boxes. The below is the 1998 Queen's beasts presentation pack which had some information on the beasts in there from memory. If you like these, it's worth checking out the 1984 and 1987 Heraldry sets. I think you'd be able to get all three for less than a tenner on ebay.  
 

That can apply to the US as well, all milk and honey for Wall Street, even Ray Dalio has stated the debt/inflation is going to cause either hostilities or wealth redistribution.
When a billionaire is admitting its a problem then it shows where the West is heading.
The arrogance, ignorance and elitism is on steriods.
The debt levels are at its highest ever in history, yet people think its okay. What is f*ck is going on. Its like the end of the Roman empire; posing insanity. The state of the West is astounding.
Why arent people learning from the 08' crash as well? Is the cheap debt too good? Low interest rates too good? The debt junkie west is going to pay BIG TIME.
If your surprised this time round your in for a big surprise. We cant have our cake and eat it.
Keep stacking while the Cartel knocks the prices down, denies reality with fake/manipulated data.

Big thanks to @Clockpuncherand @arshimo2012 for today's arrivals 😊

I also think that because this series has a 1 Oz gold version, most folks went after that instead of the 2 Oz. Perhaps the folks who really desperately wanted a gold version eventually bought the 2 Oz after there was no chance of getting the 1 Oz.
Maybe 🤷🏻‍♂️ 

Good idea. Looks, like nobody have the Tudor Beasts on the list. Last week i shot another 2 OZ Panther under retail. Now i need more of the RM 2 OZ 10 coin boxes. I think, this is the most underrated RM series today. Here 1, 2 & 5 OZ silver.

Just got this through the door! Thanks @James32

Today I received....
 

Look what turned up in the post just now.
Very pleased with it - looks to be in perfect bullion condition.
 
 

Following on from the deal posted on the gold/silver deals last month, I took the plunge in between Christmas and new year and purchased some things from tavex bullion. On the deals thread there were a few people who were interested in buying from them but unsure due to their recent arrival to the UK market, so I'd thought I'd share my experience.
So I managed to buy 10 silver britannia's, a 1oz gold Britannia and a queen Victoria sovereign.
The Silver brits all came in coin capsules, they look to be free of any dents, scratches or damage, and are all minted in 2021. But nearly all of them do have heavy milk spotting. Now I'm not an expert on milk spots, but this package was held up with royal mail for over a week and I'm wondering if being stored in a cold sorting office/van has contributed to the milk spotting as I've not got any other coins as heavily spotted as these. I'm not worried though as these are bullion coins going into a coin tube.
The gold Britannia is in perfect condition, again arrived in a coin capsule, minted in 2022 and the only fault I can find with it is the luster of the coin isn't as high as my other 1oz gold brit.
The Queen Victoria sovereign is dated as 1898 and I have to say the condition of this 124 year old coin is absolutely fantastic. Apart from a few very light surface scratches (from cleaning maybe) the coin it's self is absolutely lovely. Didn't come in a coin capsule, but well packaged.
The packaging of the coins was great too. Arrived in a jiffy bag, 2 boxes with foam packaging cut out to hold each coin. On the whole apart from the milk spotted silver brits there is nothing I can complain about. I was invoice number 180 odd, so going by that I'm guessing they are slowly picking up customers. I'll be sure to buy from them again. Hope this helps anyone who was in 2 minds about purchasing from them.
 

Several new bullion coins silently launched on the RM website today:
2022 1oz Queen's Beasts Completer in platinum! https://www.royalmint.com/invest/bullion/bullion-coins/platinum-coins/the-queens-beasts-2022-1oz-platinum-bullion-coin/ 2022 1oz Platinum Britannia (the first to have the new security features, as the 2021 one didn't) https://www.royalmint.com/invest/bullion/bullion-coins/platinum-coins/britannia-2022-1-oz-platinum-bullion-coin/ 2022 1oz Platinum Britannia in blister https://www.royalmint.com/invest/bullion/bullion-coins/platinum-coins/britannia-2022-1-oz-platinum-bullion-coin-in-blister/ 2022 1/10oz Platinum Britannia in blister https://www.royalmint.com/invest/bullion/bullion-coins/platinum-coins/britannia-2022-tenth-oz-platinum-bullion-coin-in-blister/ 2022 10oz Queen's Beasts Completer in silver https://www.royalmint.com/invest/bullion/bullion-coins/silver-coins/the-queens-beasts-2022-10oz-silver-bullion-coin/

Our conflict has nothing to do with the times of Leonidas, Themistoklis, Alexander the Great etc., nothing to do with Persia and the wars against them. After the win over Persia, Alexander dressed up in persian clothes as a sign of respect. We highly respect each other. Not the Mullahs, but the persian people, culture and achievements. 
It's about the looting of Constantinople, 400 years of slavery, lost homeland around the Mediterranean and the Black Sea, the genocide of Pontians in the 20's and much, much more. After the big earthquakes in Turkey and Athens in the 90's, where greek and turkish volunteers was the first to help their neighbouring country, the relations got better. Today this conflict is be used again to devide us and raise the hate. Especially things like the use of Hagia Sophia as a mosque, the daily violation of greek territory by the turkish air force and navy, the war rethoric by turkish PM, etc. makes things difficult and dangerous again. In the last couple of years there was more than one incident, that almost led direct into a military conflict. I don't know, what you see in the UK, in Germany you hear almost nothing about it. They are allies for hundreds of years.
At least we are just the dummies for geopolitical and financial interests. But with a lunatic like Erdogan and a clown like Mitsotakis this could get very serious. Greek and turkish PEOPLE have so much in common and we could be very good neighbours, even after all our bad and bloody history. We will see 2023 how far this will go, 100 years after Lausanne. Hopefully with a new turkish PM that respects international law.

These stunners arrived today
Next level british coinage im in love 
1718 quarter guinea - 303 years old only quarters minted in 1718 and 1762
1818 - sixpence

Well after a little wait - my five coin 2022 sovereign set have arrived from RM - very nice indeed
RM to their credit have done excellent with their solution, listened to our collective moans here
foam spacers in every hole to prevent capsules dislodging Thick velvet protector strip to protect wood and thick rectangular foam to sandwich all together to prevent any movement  in transit  So anyone awaiting their for set still, this should hopefully keep their mind at ease 

To round off 2021 some Silver.  Thanks @matt1r and @Fivepoundfred 😃 
 

As the Fed Pivots to a Fast Taper, More Rate Hikes are on the Way
This month’s highly anticipated Federal Reserve meeting announced that the Fed is speeding up the tapering of its asset purchases to US$30 billion per month.
This means that instead of adding US$120 billion to its balance sheet each month, the Fed will be adding US$60 billion.
The Fed also said in its statement that
Based on this statement, if the Fed follows through at the ‘same reduction pace’ the asset purchases will stop after two more meetings, which would put the end of asset purchases in March 2022.
The Fed Is Flipping- Massive Policy Error
Watch John Mauldin Only on GoldCore TV
 
It is important to point out that, yes, the Fed is slowing its asset purchases, but it is still purchasing US$40 billion in US Treasury Securities and $20 billion in Mortgage-backed securities per month.
These continued purchases are on top of the already $1.74 trillion (yes, trillion with a T) assets the Fed has added to its balance sheet since July 2020; and the $7.75 trillion added over the last 13 years.        
federal Reserve Assets Chart Fed pivots toward tackling inflation
‘The Fed pivot’ towards the high inflation numbers – US CPI inflation was 6.7% in November. Being more permanent than the transitory nature the Fed had previously anticipated are the catalyst to the faster taper schedule. 
The FOMC (Federal Open Market Committee, which is the Fed’s monetary policy committee) participants’ updated projections show that they now expect PCE (Personal Consumption Expenditure) inflation to average around 2.6% in 2022. Also 2.3% in 2023, up from their September estimates of 2.2% for both years.
This has in turn increased their outlook for the Federal Funds Rate (the Fed’s policy interest rate). The FOMC now expects the Fed Funds Rate to increase to 0.8% in 2022 and to 1.6% in 2023 (the current rate is .25%).      
But the surprise in the Fed’s projections is that they only raise their projection of Real GDP growth to 4.0% from 3.8% in 2022, and then decreased their projection of Real GDP growth in 2023 from 2.5% to 2.2%.
However, in the Fed’s statement and reiterated by Chair Powell in his press conference there were caveats to this outlook.
At the top of the list is the effect of the Omicron variant on the economy. With renewed lockdown restrictions in the US could slow the economy again.
The second caveat is that if labour force strength, especially for the lowest wage earners, is weaker than the Fed would like, it could put interest rate increases on hold.   
A deeper look at inflation shows the inflation increase has been driven by goods inflation.
During Covid-lockdowns, many services were not easily available, such as dining in restaurants and travel, so consumers turned to purchasing goods instead.
Don’t forget that the US government put upwards of US$850 billion into household’s bank accounts in 2020 and early 2021 which added to consumer spending.
Some components of the high inflation numbers, i.e. energy (up 33%) and used cars (up 31%), should moderate in 2022 as the Fed now expects.
There is a major component that has not accounted for in the high inflation numbers yet – the rising housing prices. 
US CPI Goods and Services Soaring Housing Prices
In the CPI calculation, house prices are not directly incorporated but fall under the category in services of ‘shelter’, which is based on a cryptic calculation described as rents and owners’ equivalent rent of residences.
The issue is that equivalent rent of residences is an estimated number that seriously lags house prices. This means when this component catches up it will rise considerably.
This is based on the latest CPI release shows that shelter only rose 3.8% in November compared to year earlier. This is when the latest readings on house price are showing increases of above 20% compared to a year earlier.
Also, not directly in CPI, but will feed into CPI on a lagged basis are wage increases. These are also increasing and are expected to increase further as employers offer incentives to attract desperately needed workers.
We remind the reader that the Fed, and other Central banks want some inflation – See our post “Why Do Central Banks Want Higher Inflation?” from October 21.
Although the Fed has now come around to the notion that inflation is ‘more permanent than temporary’ they are likely going to stay behind the inflation curve. This means that real rates will remain negative.
Bottom line for gold and silver is even by the Fed’s own calculations in this latest release real interest rates are expected to stay negative for the coming years.
And inflation readings are likely to increase further before they start to decline back due to the lag in calculations. This means pushing real rates even further negative. And negative real rates are a very good environment for gold and silver to rise!

Recently noticed on the NGC pop report that 105 2022 five coin sets have already graded 70 and 1 set at 69 ? To get numbers like that on all five coins they must have been cherry picked.
Wonder when and where these will show up and for what price ?

Got my 2oz Gold! Absolutely thrilled. One of the most beautiful coins ever. Looks flawless no scratches in fields or queens face. Going to NGC Walk-through service tomorrow. Hopefully be the first one graded a 70! 

With eyes diverted toward the Gothic and 2022 Sovereign releases, Rich goes old- school, snipes around the defense and…Goal……!!!!  Hits the net with a 2002 Sovereign Set 😃 
I’m still on the hunt for a 2012 5 Pound Sovereign, so in the meantime the 2 Sovereign down will have to suffice.
Which of the six special Reverse big boys is your favourite?