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Pete

Silver Premium Member
  • Posts

    5,022
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  • Days Won

    2
  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Like
    Pete got a reaction from LolRasta in Taking profit from stock to buy gold   
    Just because you made a nice profit on your shares doesn't mean they cannot go higher.
    You also state that gold is looking undervalued.

    Personally I say the opposite - with global recovery starting as some countries conquer covid there are big opportunities for some stocks to propel and I am waiting for gold to fall a bit as it has had a good session of late.
    If you are wanting to lock-in your gains then sell the quantity of shares representing your profits and buy something else.
    No-one unfortunately knows the future prices of PMs so half will be correct and half incorrect in their forecasts.
  2. Like
    Pete got a reaction from TommyTwoShots in Taking profit from stock to buy gold   
    Just because you made a nice profit on your shares doesn't mean they cannot go higher.
    You also state that gold is looking undervalued.

    Personally I say the opposite - with global recovery starting as some countries conquer covid there are big opportunities for some stocks to propel and I am waiting for gold to fall a bit as it has had a good session of late.
    If you are wanting to lock-in your gains then sell the quantity of shares representing your profits and buy something else.
    No-one unfortunately knows the future prices of PMs so half will be correct and half incorrect in their forecasts.
  3. Like
    Pete got a reaction from kimchi in Who picked up QB completer coins - what did you buy?   
    A real sneaky move by the RM.
    The greyhound was the LAST Queen's Beast coin ref -
    "The 2021 UK Queen's Beasts The White Greyhound of Richmond 1oz Gold Coin is the tenth and final release from the exclusive Royal Mint bullion range. "
    So you completed you set and bought a nice wooden box.
    Then out pops an ELEVENTH coin with this text -
    The 2021 UK Queen's Beasts Completer 1oz Gold Coin is the eleventh and final coin in the highly popular Queen’s Beasts series of bullion coins from the Royal Mint.
    Mea Culpa !!
  4. Haha
    Pete reacted to watchesandwhisky in Looking for advice for savings   
    Na they cost way more I think 300k upwards! 
  5. Like
    Pete got a reaction from watchesandwhisky in Looking for advice for savings   
    In your position you need to ignore risky investments. The higher the return then usually the higher the risk. Sticking in cash i.e. premium bonds is the simplest suggestion if you will need your cash in say the next 2 years. Mortgage rates currently are the lowest they have ever been. Rents are about the same outgoings as mortgages but you are giving your monthly money to a landlord so getting on the property ladder as soon as possible is a good thing. However, this depends on where you live which relates to cost and value and how secure is your job and if you lost your job could you easily get another whilst remaining in your home without having to sell. Property prices in many towns are rising faster than people can save because of demand so building up a deposit often means the height of the bar is getting higher than you would like. Unfortunately a lot of properties are being sold to people with money and assets in order to rent so first time buyers find it tough. The best advice I can give is to see if your parents can help you secure your first home rather than wait a couple of years to build sufficient deposit. As for location - a castle needing renovation on about 200 acres of land recently sold in Scotland for £180 grand which might get you a parking space in London.
     
  6. Haha
    Pete got a reaction from Bars in Looking for advice for savings   
    In your position you need to ignore risky investments. The higher the return then usually the higher the risk. Sticking in cash i.e. premium bonds is the simplest suggestion if you will need your cash in say the next 2 years. Mortgage rates currently are the lowest they have ever been. Rents are about the same outgoings as mortgages but you are giving your monthly money to a landlord so getting on the property ladder as soon as possible is a good thing. However, this depends on where you live which relates to cost and value and how secure is your job and if you lost your job could you easily get another whilst remaining in your home without having to sell. Property prices in many towns are rising faster than people can save because of demand so building up a deposit often means the height of the bar is getting higher than you would like. Unfortunately a lot of properties are being sold to people with money and assets in order to rent so first time buyers find it tough. The best advice I can give is to see if your parents can help you secure your first home rather than wait a couple of years to build sufficient deposit. As for location - a castle needing renovation on about 200 acres of land recently sold in Scotland for £180 grand which might get you a parking space in London.
     
  7. Haha
    Pete got a reaction from Tn21 in Looking for advice for savings   
    In your position you need to ignore risky investments. The higher the return then usually the higher the risk. Sticking in cash i.e. premium bonds is the simplest suggestion if you will need your cash in say the next 2 years. Mortgage rates currently are the lowest they have ever been. Rents are about the same outgoings as mortgages but you are giving your monthly money to a landlord so getting on the property ladder as soon as possible is a good thing. However, this depends on where you live which relates to cost and value and how secure is your job and if you lost your job could you easily get another whilst remaining in your home without having to sell. Property prices in many towns are rising faster than people can save because of demand so building up a deposit often means the height of the bar is getting higher than you would like. Unfortunately a lot of properties are being sold to people with money and assets in order to rent so first time buyers find it tough. The best advice I can give is to see if your parents can help you secure your first home rather than wait a couple of years to build sufficient deposit. As for location - a castle needing renovation on about 200 acres of land recently sold in Scotland for £180 grand which might get you a parking space in London.
     
  8. Like
    Pete got a reaction from Tn21 in Royal Mail special delivery claim rejected   
    They are trying it on so persevere.
    SD covers all valuables and anything else of value.
    Show your bank statement entry and send a picture, not a link, of a similar item.
    If a similar item is listed on a dealer site take a screen shot showing its retail price.
    Maybe compare the weight of the item with the weight shown on the postal label.
    Regular SD provides up to £500 insurance for loss.
    I am afraid the people behind the Royal Mail claims are like robots so you need to make it "idiot proof".
     
  9. Like
    Pete got a reaction from Arganto in Royal Mail special delivery claim rejected   
    They are trying it on so persevere.
    SD covers all valuables and anything else of value.
    Show your bank statement entry and send a picture, not a link, of a similar item.
    If a similar item is listed on a dealer site take a screen shot showing its retail price.
    Maybe compare the weight of the item with the weight shown on the postal label.
    Regular SD provides up to £500 insurance for loss.
    I am afraid the people behind the Royal Mail claims are like robots so you need to make it "idiot proof".
     
  10. Like
    Pete got a reaction from AurumArgenti in Royal Mail special delivery claim rejected   
    They are trying it on so persevere.
    SD covers all valuables and anything else of value.
    Show your bank statement entry and send a picture, not a link, of a similar item.
    If a similar item is listed on a dealer site take a screen shot showing its retail price.
    Maybe compare the weight of the item with the weight shown on the postal label.
    Regular SD provides up to £500 insurance for loss.
    I am afraid the people behind the Royal Mail claims are like robots so you need to make it "idiot proof".
     
  11. Thanks
    Pete got a reaction from silvernewbie in Royal Mail special delivery claim rejected   
    They are trying it on so persevere.
    SD covers all valuables and anything else of value.
    Show your bank statement entry and send a picture, not a link, of a similar item.
    If a similar item is listed on a dealer site take a screen shot showing its retail price.
    Maybe compare the weight of the item with the weight shown on the postal label.
    Regular SD provides up to £500 insurance for loss.
    I am afraid the people behind the Royal Mail claims are like robots so you need to make it "idiot proof".
     
  12. Like
    Pete got a reaction from stefffana in Which Countries Hold All The Gold ? - Short Video   
    Worth watching if you have a spare minute.
    https://fb.watch/5bp7Hm213-/.
     
  13. Like
    Pete got a reaction from AurumArgenti in Who picked up QB completer coins - what did you buy?   
    A real sneaky move by the RM.
    The greyhound was the LAST Queen's Beast coin ref -
    "The 2021 UK Queen's Beasts The White Greyhound of Richmond 1oz Gold Coin is the tenth and final release from the exclusive Royal Mint bullion range. "
    So you completed you set and bought a nice wooden box.
    Then out pops an ELEVENTH coin with this text -
    The 2021 UK Queen's Beasts Completer 1oz Gold Coin is the eleventh and final coin in the highly popular Queen’s Beasts series of bullion coins from the Royal Mint.
    Mea Culpa !!
  14. Like
    Pete got a reaction from Chorlton in Ebay - New Managed Payments System and Rules   
    Received this message today from eBay and it answers most questions I guess.
    It used to be a jungle making any claims as eBay and PayPal worked independently and if you entered a claim on one the other didn't want to know.
    Now all down to eBay but will you have the same buyer / seller protection ?
     

     
  15. Like
    Pete reacted to LawrenceChard in Where's Platinum Heading ?   
    If you come across anyone who does know what is on the right-hand side, let me know, we can offer him/her a great job as an analyst, with fabulous bonuses, and free holidays in my Monaco mansion (which I have not bought yet), or my $1 billion superyacht (ditto).
    On a more serious note, try looking at a 20 or 30 year chart, if you can find one.
    Also look at the Gold:Platinum ratio. For most of the time I can remember, back to the 1960s, platinum tended to be priced higher than gold, on anerage by about 5% to 10%. Since 2011, platinum has been lower than gold. So, before 2011, most of the time Gold:Platinum was less than 1.000
    Currently it is 1.432; about a year ago, it was briefly as high as 2.20 at which platinum was ridiculously cheap compared with gold.
    My medium/long term "target" for it is 1.000 again, although I would probably go "neutral" when it get to about 1.100
    In other words, I expect platinum to be close to parity with gold.
  16. Like
    Pete got a reaction from kimchi in The Price of Queens Beast Gold Coins   
    Here you go - https://www.sharpspixley.com/buy-bullion/buy-gold/buy-coins?coin_type=20
     
  17. Like
    Pete got a reaction from kena in Good News for Britannia collectors.   
    Excellent and they were supplied in capsules.
    I wonder where they originated and does this mean perhaps next year we will see the elusive 2019 privy pig turn up ?
  18. Thanks
    Pete got a reaction from SilverJacks in Good News for Britannia collectors.   
    Excellent and they were supplied in capsules.
    I wonder where they originated and does this mean perhaps next year we will see the elusive 2019 privy pig turn up ?
  19. Thanks
    Pete got a reaction from AurumArgenti in The Price of Queens Beast Gold Coins   
    Here you go - https://www.sharpspixley.com/buy-bullion/buy-gold/buy-coins?coin_type=20
     
  20. Like
    Pete got a reaction from Richym99 in Confused About UK Dealers ?   
    Does anyone know the difference between -

    BullionbyPost
    and
    Gold.co.uk

    They share the same VAT number, address and bank account - so if it looks like a duck, walks like a duck and quacks like a duck then it is probably a duck ....

    You need to check prices on both sites because there can occasionally be big differences but they appear in everything but name to be the same operation, even down to their "Protect Your Wealth With Gold Bullion" booklet. There could be an argument for saying one offers vaulting but how can prices to us stackers & collectors be so different from the same company ?
  21. Thanks
    Pete reacted to Frenchie in The Price of Queens Beast Gold Coins   
    Auragentum.de (big German dealer) has 2 Griffin in stock, around 2700€. Not cheap but better than +£2700
  22. Like
    Pete got a reaction from TutoredSoup232 in Three graces coin   
    I have at the back of my mind a recollection that about 30% of regular bullion American Silver Eagles achieve a 69 or 70 grade.
    That's the reason the premium on a graded ASE has been so low, often little more than the cost of grading the coin.
    I have collected hundreds of Perth Mint and Royal Australian Mint bullion coins - everyone supplied in a capsule- and I honestly cannot recall seeing a single defect, scratch, pit, ding, reeded mark or scuff on any coin. Extremely rare also to see any spotting. My last tube of silver Queens Beasts from the Royal Mint - every coin was scuffed, marked and 20% showing small spots. When the 2013 Britannias were first issued the coins came in sheets with every coin in a thin plastic cell. I bought 100 and every coin, I repeat EVERY, coin was badly scuffed as if they had all gone over a wire brush. The RM at the time put the damage down to a fault on a conveyor belt or something along these lines BUT every coin was nevertheless shipped out with a QC sticker on each sheet.
  23. Like
    Pete got a reaction from Coolsmp in 10oz Queens Beast White Horse   
    I just ordered some Platinum Beasts from the RM and it hurts with the VAT but to be fair the European prices without VAT weren't much cheaper.
    I haven't checked prices recently but I pre-ordered my 10oz QB White Horse from Chards
  24. Like
    Pete got a reaction from Tn21 in 10oz Queens Beast White Horse   
    I just ordered some Platinum Beasts from the RM and it hurts with the VAT but to be fair the European prices without VAT weren't much cheaper.
    I haven't checked prices recently but I pre-ordered my 10oz QB White Horse from Chards
  25. Like
    Pete got a reaction from Tn21 in Silver Premiums and Wait Times, what are you seeing?   
    The high  premiums on silver ( and platinum ) right now are governed by availability of coins and what the market will bear.
    Spot price is not so high and the cost of mining continues to rise so what we pay for our coins in a kind of way is not connected to spot, unlike gold.
    When supplies are restricted most dealers will increase their prices because people will still buy.
    In the UK we are screwed with 20% VAT but on the resale market the price of silver can still be competitive, albeit everyone's prices are higher.
    As for newbie stackers or collectors of date run sets you can place a "wanted" on this site and you will generally find a seller but it always helps to state a price for the quickest responses.
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