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PansPurse

Member
  • Content Count

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    United Kingdom

Reputation Activity

  1. Super Like
    PansPurse got a reaction from BackyardBullion in 100g Silver Forum Bars (2019)   
    Hi,
    I'd like to be put down for my existing two from last year plus one either side if either goes unclaimed (so, two or three depending, I think)
  2. Like
    PansPurse got a reaction from Torak in Economic collapse hypothetical   
    That's frankly bunkum. Inflation is an inevitable by-product of any financial system that permits the extension of credit. Without the ability to extend credit you stymie economic growth. Saying that all inflation is a result of governments printing money simply isn't a reflection of how the financial systems work.
    Also please don't conflate economic growth with inflation, this is not a zero sum game.
    Also Venezuela is an unhelpful example. Conflating any inflation with hyperinflation doesn't really serve any purpose than to push an absolutist view that anything other than physical assets are unimportant.
  3. Like
    PansPurse got a reaction from Abyss in Economic collapse hypothetical   
    Short Answer: there are people who'll tell you that the sky is about to fall... but they or those like them have been saying that for a long time.
    Longer Answer: Gold / other PMs are commonly agreed to be a good safe haven asset but probably aren't the best bet for making returns and should probably form part of a diverse portfolio of investments. (Coin collecting is a subtly different aspect of it because sometimes it's just nice having a nice physical object.)
    IMHO a certain amount of the crowd that expect some kind of utterly calamitous collapse of the financial system stem from some people deliberately stoking ear/expectation of massive gains in order to sell something (typically bullion). People like Silver Doctors will happily tell you from dawn to dusk that the dollar is about to collapse while happily selling you bullion.
    Long story short, be careful about whose advice you take (including mine) and be aware that there are paranoid conspiracy theorists, snake oil salesmen, and also genuinely lovely and helpful people in the community.
  4. Like
    PansPurse got a reaction from CadmiumGreen in Economic collapse hypothetical   
    Short Answer: there are people who'll tell you that the sky is about to fall... but they or those like them have been saying that for a long time.
    Longer Answer: Gold / other PMs are commonly agreed to be a good safe haven asset but probably aren't the best bet for making returns and should probably form part of a diverse portfolio of investments. (Coin collecting is a subtly different aspect of it because sometimes it's just nice having a nice physical object.)
    IMHO a certain amount of the crowd that expect some kind of utterly calamitous collapse of the financial system stem from some people deliberately stoking ear/expectation of massive gains in order to sell something (typically bullion). People like Silver Doctors will happily tell you from dawn to dusk that the dollar is about to collapse while happily selling you bullion.
    Long story short, be careful about whose advice you take (including mine) and be aware that there are paranoid conspiracy theorists, snake oil salesmen, and also genuinely lovely and helpful people in the community.
  5. Like
    PansPurse got a reaction from DarkChameleon in Economic collapse hypothetical   
    Short Answer: there are people who'll tell you that the sky is about to fall... but they or those like them have been saying that for a long time.
    Longer Answer: Gold / other PMs are commonly agreed to be a good safe haven asset but probably aren't the best bet for making returns and should probably form part of a diverse portfolio of investments. (Coin collecting is a subtly different aspect of it because sometimes it's just nice having a nice physical object.)
    IMHO a certain amount of the crowd that expect some kind of utterly calamitous collapse of the financial system stem from some people deliberately stoking ear/expectation of massive gains in order to sell something (typically bullion). People like Silver Doctors will happily tell you from dawn to dusk that the dollar is about to collapse while happily selling you bullion.
    Long story short, be careful about whose advice you take (including mine) and be aware that there are paranoid conspiracy theorists, snake oil salesmen, and also genuinely lovely and helpful people in the community.
  6. Like
    PansPurse got a reaction from sovereignsteve in Economic collapse hypothetical   
    Short Answer: there are people who'll tell you that the sky is about to fall... but they or those like them have been saying that for a long time.
    Longer Answer: Gold / other PMs are commonly agreed to be a good safe haven asset but probably aren't the best bet for making returns and should probably form part of a diverse portfolio of investments. (Coin collecting is a subtly different aspect of it because sometimes it's just nice having a nice physical object.)
    IMHO a certain amount of the crowd that expect some kind of utterly calamitous collapse of the financial system stem from some people deliberately stoking ear/expectation of massive gains in order to sell something (typically bullion). People like Silver Doctors will happily tell you from dawn to dusk that the dollar is about to collapse while happily selling you bullion.
    Long story short, be careful about whose advice you take (including mine) and be aware that there are paranoid conspiracy theorists, snake oil salesmen, and also genuinely lovely and helpful people in the community.
  7. Like
    PansPurse got a reaction from Roamer in Economic collapse hypothetical   
    Short Answer: there are people who'll tell you that the sky is about to fall... but they or those like them have been saying that for a long time.
    Longer Answer: Gold / other PMs are commonly agreed to be a good safe haven asset but probably aren't the best bet for making returns and should probably form part of a diverse portfolio of investments. (Coin collecting is a subtly different aspect of it because sometimes it's just nice having a nice physical object.)
    IMHO a certain amount of the crowd that expect some kind of utterly calamitous collapse of the financial system stem from some people deliberately stoking ear/expectation of massive gains in order to sell something (typically bullion). People like Silver Doctors will happily tell you from dawn to dusk that the dollar is about to collapse while happily selling you bullion.
    Long story short, be careful about whose advice you take (including mine) and be aware that there are paranoid conspiracy theorists, snake oil salesmen, and also genuinely lovely and helpful people in the community.
  8. Like
    PansPurse got a reaction from KDave in Economic collapse hypothetical   
    Short Answer: there are people who'll tell you that the sky is about to fall... but they or those like them have been saying that for a long time.
    Longer Answer: Gold / other PMs are commonly agreed to be a good safe haven asset but probably aren't the best bet for making returns and should probably form part of a diverse portfolio of investments. (Coin collecting is a subtly different aspect of it because sometimes it's just nice having a nice physical object.)
    IMHO a certain amount of the crowd that expect some kind of utterly calamitous collapse of the financial system stem from some people deliberately stoking ear/expectation of massive gains in order to sell something (typically bullion). People like Silver Doctors will happily tell you from dawn to dusk that the dollar is about to collapse while happily selling you bullion.
    Long story short, be careful about whose advice you take (including mine) and be aware that there are paranoid conspiracy theorists, snake oil salesmen, and also genuinely lovely and helpful people in the community.
  9. Like
    PansPurse got a reaction from Agpanda in Today I made.....   
    Really making progress in terms of shape and finish 😊


  10. Haha
    PansPurse got a reaction from BackyardBullion in HMRC could be a scam - this made me giggle!   
    Weirdly the only time I don;t get these sorts of messages is when I'm sending money to Barclays themselves... 🤔
  11. Haha
    PansPurse got a reaction from SergioSena in HMRC could be a scam - this made me giggle!   
    Weirdly the only time I don;t get these sorts of messages is when I'm sending money to Barclays themselves... 🤔
  12. Haha
    PansPurse reacted to BackyardBullion in HMRC could be a scam - this made me giggle!   
    I know its on every payment you make these days, but the "could it be a scam?" warning for a payment to HMRC just made me chuckle!
  13. Like
    PansPurse got a reaction from WHS in Climate Change - Fact, fiction or somewhere inbetween   
    PARK LIFE!
  14. Like
    PansPurse got a reaction from WHS in Climate Change - Fact, fiction or somewhere inbetween   
    Yes except by digging up huge reserves of carbon that had been sequestered for millions of years were going far beyond any stable system that has existed during evolutionary modern humans.
  15. Thanks
    PansPurse got a reaction from WHS in Climate Change - Fact, fiction or somewhere inbetween   
    OK, I think I follow you, unfortunately the erath's climate is more complicated. So whilst the quantity emitted may be scalar, the compound effect of the total CO2 in the atmosphere isn't. Greenhouse gasses raise the global temperature and have a range of other complex interactions, things like ocean acidification, melting permafrost etc that are more difficult to fix (if at all possible) just by removing carbon dioxide from the atmosphere. Time is an extremely important factor; like stopping a car with the handbrake off from beginning to roll down a hill.
    Would you have been more comfortable if I'd used "exacerbating" rather than "compounding" factor in my previous comment?
  16. Thanks
    PansPurse got a reaction from WHS in Climate Change - Fact, fiction or somewhere inbetween   
    A compounding factor is that the longer we take taking action the more drastic the necessary action becomes. We've had decades to transition to less carbon-intensive energy sources and have failed to do so until very recently. As a result more severe action including large-scale carbon capture and sotrage or even at the extreme end some form of geoengineering may be necessary.
  17. Like
    PansPurse reacted to HawkHybrid in Another question?   
    numbers do not lie. it's the way you calculate the
    numbers that is misleading.
    nobody worth their salt holds only currency that
    is not in the bank for decades on end.
    (I'm talking nobody as in % of population, as
    opposed to the individual crazy, stupid, ignorant
    etc.)
    so why use it as a practical example? if not only
    to exaggerate the numbers for scaremongering?
     
    a more realistic representation of the facts is
    that minor amounts of currency that have been
    hidden in mattresses have lost 97% of their
    purchasing power over the last 100 years.
    but then lets not let facts get in the way of a
    good story.
     
    the purpose is to make a mountain out of a
    mole hill in order to push forward an agenda?
     
    HH
  18. Like
    PansPurse got a reaction from dicker in Bullion quality standards   
    Frankly, bullion means thatt you're trading it mostly for its precious metal value, with perhaps a mark-up of a few percent. Beyond that you're then into numismatic territory, in which case condition is absolutely an important factor. That's not to say a scratched numismatic coin can't command a premium, just that it's a much more complicated game then.
  19. Like
    PansPurse got a reaction from Abyss in Bullion quality standards   
    Frankly, bullion means thatt you're trading it mostly for its precious metal value, with perhaps a mark-up of a few percent. Beyond that you're then into numismatic territory, in which case condition is absolutely an important factor. That's not to say a scratched numismatic coin can't command a premium, just that it's a much more complicated game then.
  20. Like
    PansPurse got a reaction from campbellgs in Bullion quality standards   
    Frankly, bullion means thatt you're trading it mostly for its precious metal value, with perhaps a mark-up of a few percent. Beyond that you're then into numismatic territory, in which case condition is absolutely an important factor. That's not to say a scratched numismatic coin can't command a premium, just that it's a much more complicated game then.
  21. Like
    PansPurse got a reaction from terakris in 1/4oz MS69 Queens Beasts Lion   
    Graded NGC MS69
    Looking for £400 but open to offers

  22. Like
    PansPurse got a reaction from Mcgrimes in Gold Sovereign Thickness   
    I'd suggest doing a specific gravity test, easiest way to be sure that the density is right (fakes made from a less dense metal will, by necessity, be thicker to make up the weight)
  23. Like
    PansPurse got a reaction from silenceissilver in Gold Sovereign Thickness   
    I'd suggest doing a specific gravity test, easiest way to be sure that the density is right (fakes made from a less dense metal will, by necessity, be thicker to make up the weight)
  24. Like
    PansPurse reacted to MancunianStacker in Low Cost Gold - 2012 Full sovereign £260   
    Hi,
    Selling as Bullion for speed at £260 (Atkinsons buy price).
    2012 Full Sovereign sealed in original Royals Mint plastic sheet.
    Bank Transfer only please!
    I will send via Royal Mail Special Delivery for £4.
    See my 100% feedback on lots of past sales and happy forum members.
    PM me if interested! 
    Thanks,
    MS




  25. Haha
    PansPurse got a reaction from HighlandTiger in I have an idea of getting silver near spot price without spending too much money.   
    And thus another bullion dealer was created...