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KDave

Silver Premium Member
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    United Kingdom

Reputation Activity

  1. Haha
    KDave got a reaction from DarkChameleon in 2019 Gold Beach Sovereign   
    I misread the title as a bleach sovereign. A coin dedicated to the Royal mint taking people to the cleaners again. 
  2. Thanks
    KDave got a reaction from BullionBarn in Started collecting silver.   
    If concerned find out the mint specifications of the coins you are buying (size in both dimensions and weight) and use some calipers and a scale to test within tolerance. Also a good quick one is a magnet slide to put the bullion silver down it to see if it slows down (not sure exactly the physical process is, but silver slows its fall yet doesn't stick to the magnet). 
  3. Like
    KDave reacted to vand in Silver price about to plummet   
    The wealth is made over the long term when you can sit on your hands a ride a bull market up. Being long silver in a gold bull market is like being long tech stocks in an equities bull market. It will magnify the overall return, but it may well lag in the early part of the bull when investors are more cautious and go to the more recognised and less volatile variant. Past PM bull markets have seen gold return 500%+ and silver roughly double that. I have no reason to expect the next one will be much different.. No one will catch the very top or the very bottom, and neither should you try. Do most of your buying near the start, most of your selling near the end, and switch out to repeat the trick in another asset. Just getting this right once or twice over a lifetime will may you very wealthy.
    I was recently  looking at the early part of the last bull market (1999-). It's very easy to forget how it actually played out, but some people may be surprised when I remind them that silver did absolutely nothing of significant until well into the 2nd half of 2003! That's 4 years where you just had to sit and be patient.. and watch gold go up.. and wonder if silver was no longer considered as a precious metal.. all the stuff that we have had to bear through the last couple of years. Silver tends to lag, but it eventually catches up and eventually outperforms when the bull market starts moving up through the gears
     
     
  4. Like
    KDave reacted to BackyardBullion in Something a bit different - Backyard Veggies!!!   
    So, we don't just make hand poured silver, we also like our gardening and our modest little plot is being quite fruitful this year
    We have courgettes, beans (runners, dwarf & french), peas, carrots, mange-tout, broccoli, kale, parsnips, tomatoes, potatoes, strawberries, raspberries and more besides
    We are currently totally self sufficient when it comes to vegetables - and we know that what we are eating is fresh, clean and not full of nasty pesticides to boot!
    We have so much veg coming in fact that this is the earliest we have ever had to blanch excess for later in the year.....

    Share your photos of veggies too, always 
  5. Haha
    KDave got a reaction from FoolzGold in Crime Agency seizes £4m of gold bars.   
    UK just trippled its gold reserves.
  6. Haha
    KDave got a reaction from Abyss in Crime Agency seizes £4m of gold bars.   
    UK just trippled its gold reserves.
  7. Haha
    KDave got a reaction from MancunianStacker in Crime Agency seizes £4m of gold bars.   
    UK just trippled its gold reserves.
  8. Like
    KDave got a reaction from Michal in Equities going parabolic - Is the crash near?   
    I hear you. I was a buy what is cheap but diversify, then belangp came along with his validating data and I kept buying gold and stocks for different reasons. The approach in the video looks similar to the permanent portfolio in data as oppose to principle, as it is missing fiat (currency and bonds), so it is perhaps less robust short term? My issue with the fiat assets is two fold in that government only simulate money with currency (it is debt based, it devalues) and they do not create wealth (bond issues are debt, which will be paid back from taxes - they tax wealth), both items are backed by national output that is better captured by stocks, and if you can get real money already why hold the simulation as well? Gold to act as money, stocks to capture capitalism. Do we need the permanent portfolios? I am thinking no. 
  9. Haha
    KDave got a reaction from silversky in Crime Agency seizes £4m of gold bars.   
    UK just trippled its gold reserves.
  10. Haha
    KDave got a reaction from AuricGoldfinger in Crime Agency seizes £4m of gold bars.   
    UK just trippled its gold reserves.
  11. Haha
    KDave got a reaction from jultorsk in Crime Agency seizes £4m of gold bars.   
    UK just trippled its gold reserves.
  12. Haha
    KDave got a reaction from goldmember44 in Crime Agency seizes £4m of gold bars.   
    UK just trippled its gold reserves.
  13. Haha
    KDave got a reaction from Tn21 in Crime Agency seizes £4m of gold bars.   
    UK just trippled its gold reserves.
  14. Haha
    KDave got a reaction from Wolves in Crime Agency seizes £4m of gold bars.   
    UK just trippled its gold reserves.
  15. Haha
    KDave got a reaction from Goldfever in Oooops.   
    Nice we have just doubled the UK gold reserves. 
  16. Thanks
    KDave reacted to Pipers in Auctions are insane   
    The thing is its illegal and you will get a very big fine.  I have to also say its stealing money!  An auction is a free market where bidders come together until the highest bidder prevails. 
    Think of it a different way,  you are watching youtube videos and reading forum posts from various forums about coins.  Over a few months you decide you like a certain type of coins (doesn't matter what)  lets say British modern, you have an interest in them and you have gained knowledge because of all the videos you have watched and all the forum threads you have read.  Plus you want to join in the hobby everyone seems to be having a great time!  So on to buying, over the months the youtube videos mention ebay and because the better coins are found on ebay and so are the bargains, or  thats what you have been told ,  you decide thats  where you can find the coins.   What you have not realised is you have been nudged hook line and sinker into buying more than likely the wrong coin from the wrong place.  You find the coin that the nice men on youtube have been recommending for months it must be a good coin for my collection you tell your self, you put a bid on then start bidding. The nice men on youtube have told you what price the coin can achieve and you want to buy a coin in a slab just to make sure you do not get ripped off.  You secure the coin at the top end of the price range but thats ok you have a quality coin,  right? 
    Well no just take a moment and think what has happened to you.  would you of bought that coin if the nice man on youtube did not say how good it was?  How do you know how much the coin is worth and could you of got a better example cheaper or for the same money from elsewhere?   We all can get taken along with the crowd, just remember there are sharks waiting to take advantage there are many types.   
     I have been a gold buyer for may many years (stacker)  just buy gold or as close to spot, if you are in the UK buy Gold sovereigns, Britannias, Krugerrands.   
    silver Britannias, maybe eagles maples if you can get them cheap, plus flat ware, hollowware at spot never above spot. 
    Selling is as important as buying.     
  17. Haha
    KDave got a reaction from Elements in Oooops.   
    Nice we have just doubled the UK gold reserves. 
  18. Like
    KDave reacted to sovereignsteve in Bitcoin beaten (finally)   
    Look him in the eye, shake his hand and say well done. I'm sure you've already worn the hair shirt and done the self-flagellation. If you're not a gambler, just accept it and  stick to your own way forward.
  19. Haha
    KDave got a reaction from HighlandTiger in Oooops.   
    Nice we have just doubled the UK gold reserves. 
  20. Haha
    KDave got a reaction from CadmiumGreen in Oooops.   
    Nice we have just doubled the UK gold reserves. 
  21. Haha
    KDave got a reaction from Roy in Oooops.   
    Nice we have just doubled the UK gold reserves. 
  22. Haha
    KDave got a reaction from universalcurrency in Relative purchasing power of gold?   
    Tesco has said it raising some of its beer prices 29%, a huge hit for gold. Tesco and the banking cartel are working hand in hand. 
  23. Haha
    KDave reacted to HighlandTiger in Relative purchasing power of gold?   
    If I tried to drink beer out of that cup, I'd spill it all down me. Not a good idea. 
  24. Like
    KDave reacted to sixgun in Relative purchasing power of gold?   
    We can see the gold to beer ratio was pretty steady up until Nixon ended the convertibility of the USD into gold. Currencies and gold were tightly regulated. There were restrictions on people owning gold in many countries which helped keep gold demand down. The London Gold Pool operated in the 1960's to keep the Bretton Woods system working but it was so costly in physical gold, to suppress its price, it had to end. 
    We see the pick up in the gold price after the London Gold Pool ended. COMEX trading started for gold in 1974 (replacement for London Gold Pool) and magically the price of gold fell but inflation was roaring away during the 1970's after the end of the Bretton Woods system and the introduction of a fully fiat world currency system. Governments had opened up the printing presses. We saw the appearance of the Petro-dollar and the fake oil shortage contrived by the US and UK governments with large oil companies. There were large increases in oil prices. The higher the price of oil the more dollars you need to buy that oil - so it gives a kick start to the Petro-dollar. This all ended up in the big spike in gold prices in the late 1970's and early 1980's. Higher oil prices were making everything more expensive. Things were getting out of hand and so quickly.
    We then saw the gold price relentlessly beaten down into the early 2000's, the pinnacle of which was Brown's bottom when that traitor sold off much of the UK's gold to bail out Goldman Sachs et al who were heavily short. After all these criminal investment banks had helped central planners hammer down the gold price so they were let off the hook at our expense. 
    The clowns kept on printing and speculating and gambling and stealing. We saw this inevitably culminate in the 2008 'financial crisis' followed by massive money printing with hidden $trillions being sloshed around the banking cabal. Gold did what is does and so we got repricing and a rise to the 2011 peak. Price was running away like in the late 1970's early 80's. Price got smashed - but they couldn't get the price down like before. i remember Goldman's talking about $800 gold - a barbarous relic blah blah - recommending clients go short - all the time they were taking the other side of these trades - going long and amassing gold.
    Looks like a cup and handle has formed in the gold to beer chart - we can see their ability to control price is not as good as it was - looks like beer will be getting cheaper in gold terms again. The manipulation of the gold price is of course just a crazy conspiracy theory so ignore everything i just wrote.
  25. Like
    KDave reacted to motorbikez in Iran 🇮🇷 stole our boat 🚣‍♀️   
    Donald Duck will Nuke them if Chemical & Bio weapons are used, he is as crazy as the Ayatollah. Hopefully all this will blow over quickly & there will nor be a war.