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Abyss

Silver Premium Member
  • Content Count

    607
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  • Country

    United Kingdom

Abyss last won the day on April 8

Abyss had the most liked content!

1 Follower

About Abyss

Profile Information

  • Gender
    Male
  • Location:
    Manchester, UK
  • Stacker/Collector:
    Stacker & Collector

What I am collecting / Investing in.

  • What I am collecting / Investing in.
    Silver and Gold.

Recent Profile Visitors

1,302 profile views
  1. Beautiful coin shame about the scratches on the Queens face. Hopefully Perth Mint can provide you a replacement.
  2. Abyss

    Interesting

    Not taking into account further $0.10 cent lower Silver price today position stands at $92,000 loss. I believe the trader Anil Mangal has 70 lots size equivalent 350,000 oz Silver so every cent move equals $700. I don't know how to read Saxo Trade go statement but long $15.82 current price $14.40 loss £$1.42. 142 points x $700 = $99,400 loss. I only came across the Anil Mangal YouTube channel because I view lot of PM and trading oriented content. I have no idea what possess someone to take on any position in any leveraged financial product without a stop loss let alone that large position size @HawkHybrid. The trader is adamant never exit his Silver position and I know it is unlikely but Silver will need to move a further $5 down to $9 level for the trader to receive margin call and be forced out of his position.
  3. Abyss

    Interesting

    Anil Mangal trader who has a long position in Silver going to wipe his live account 500,000 Euros. As yesterday already down by $72,000 dollars before silver moved 30 cents lower. Anyone is unhappy about spot price of Gold/Silver just be happy holding onto the physical metals as oppose to leveraged futures contracts. https://www.youtube.com/watch?v=AEJhEYkYS0c
  4. Want more wait until received your initial order and then order some more repeat the cycle until have as many as you like. Unsure if they have cotton onto people ordering more than three sovs and have closed the loophole but in the past allowed some of us (I have nine 2019 sovs from Harrington & Byrne) order more than the limit using the same account initially registered with.
  5. Something I don't understand victim had his home safe in the living room. Who on earth would put a home safe in such a visible location. I hope victim get his PMs back and with him being Windows Cleaner most likely all his savings. Never put all eggs in one basket.
  6. Abyss

    Tsfbyb50

    I am planning on placing an order directly with European Mint sometime this year (depending on Gold/Silver spot price) but before placing the order I will ask for any discount for shipping as the Tsfbyb50 was used as part of the Silver Forums is no longer valid. Depending on the size of your order you never know they may offer you a discount. My advice drop them an email and ask able to offer better shipping rates before place the order or get out the calculator. European Mint very accommodative to win your business.
  7. What is a Dead Cat Bounce? "A dead cat bounce is a temporary recovery from a prolonged decline or a bear market that is followed by the continuation of the downtrend. A dead cat bounce is a small, short-lived recovery in the price of a declining security, such as a stock. Frequently, downtrends are interrupted by brief periods of recovery — or small rallies — where prices temporarily rise. The name "dead cat bounce" is based on the notion that even a dead cat will bounce if it falls far enough and fast enough." Copied and pasted from https://www.investopedia.com/terms/d/deadcatbounce.asp
  8. I don't own any shares/stocks but I have had a look at Sirius minerals today price 17.65 pence. Today jump share price 10% just dead cat bounce. Information available from my Broker (Interactive Brokers) Quick look at the charts from trading view (free to use). Weekly charts last impulse move down and monthly charts fast approach long term support trend line most likely broken and IMHO heading between 2 and 6 pence per share. Monthly Weekly
  9. Due diligence when buying home safe I had no idea opening electronic home safe was this easy
  10. First order about four working days but subsequent orders 2 to 3 working days.
  11. Examined all my Rwanda African Wildlife/Nautical series all in original manufacturing packaging keep in monster box with other tubes and coins in capsules. The monster box kept cool/cold place. Probably not the smartest thing having rubber bands around bundle of the same coin but makes life easier having same coins together in the monster box. After examining ever coin and the earliest coins date back to 2012 I cannot find any signs of toning or milk spots.
  12. Simply amazing craftsmanship and quality by @Alun Queens Beasts boxes received today. BYB video https://www.youtube.com/watch?v=8O_RxrpAGhw about Alan's work the photos below just don't do it justice. No prizes for guessing whats in the boxes it is a shame my 1 oz Gold QBs in a safety deposit box would been magnificent see them in Alan's QB box.
  13. Abyss

    How Low

    I have a graduate who I have trained working in IT same situation living at home saving the majority of his salary asked me similar question how should I save. At this age life so many future expenses from getting married/buying first home (something graduate inclined to do in the future). Advised save money in an ISA wait for the next recession be here in the next couple of years provided still employed buy residential property. Buying Silver/Gold locked away purchasing power for next 5 to 10 years and need to be in a financial position not need access to those funds. By all means buy small amount of PMs but not advise stacking at this age unless have bad impulses with money (i.e. cannot hold onto money and spend it on useless things). Someone living in the US because on average you can get closer to spot price in PMs more advisable stack and save in PMs when dealers have deals and via eBay bucks but still advise diversify in Gold and Silver.
  14. I have 60 silver coins from Rwanda African wildlife/Nautical series all in original OMP and I have not looked at these coins in long time. I will examine them all and report back tomorrow.
  15. Welcome to the Silver Forum.