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silenceissilver

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  1. Like
    silenceissilver got a reaction from spoon in The coming Gold crash   
    That's true in many respects but there is a very interesting parallel to Weimar Germany before the hyper inflation. Many Germans in the factories suddenly stopped working because of the occupation of the Ruhr in the 1923 by French troops. There was amassive deflationary shock, just like now
    Now, guess how the government reacted - with massive rescue packages. We know the outcome back then and if the Corona hysteria doesn't stop very soon and the governments follow through with their "rescue packages" for the mess they themselves created in many ways, from allowing and supporting fiat money creation to the Corona madness, the outcome will be the same.
    We know the murder rate and general criminality rate spiked dramatically during the Weimar hyperinflation.
    I'm sure the governments will find a good explanation for that, too. Blame people like me for example who call the lockdown madness.
  2. Like
    silenceissilver got a reaction from LawrenceChard in 1887 Proof 3d - worth grading?   
    Maybe it's just me being paranoid but doesn't the obverse look cleaned? Parallel streaks going upwards to the right all over the plate, specially close to the inscription?
  3. Like
    silenceissilver got a reaction from LemmyMcGregor in Silver break out   
    First of all and this should almost be a topic on it's own - why are precious metals precious? Often you will hear, because of certain physical properties, because of their history, because they are shiny but the main reason is, most goods become cheaper if you produce them in higher quantities unlike gold and silver - getting more out of the ground becomes more and more expensive because of how they are distributed under the surface and of how much there is to get out of the ground, at all.
    Secondly, why are they undervalued? Because the fiat money system creates wrong incentives, corrupts the society, sets wrong price signals and weakens the economy which however can be fixed with more money printing for a while, which in turn creates bubbles that promise huge and quick gains, which make the opportunity costs of holding gold or silver bigger, an environment where it's not too difficult for the people around the central banks to manipulate precious metal prices, natural enemies of the fiat money system, on top of first effect.
    Thirdly, to answer your question - because the looming financial crash is not being anticipated yet and the markets are highly irrational in the short and medium term. We haven't seen the fiat bubbles, e.g. the housing prices and whatnot crashing yet which means the illusions of the current fiat cycle are still in place and working.
    And finally I have to say, I completely appreciate everyone's impatience and even doubts about investments (or savings). It's only natural. But only those who not start running around like headless chicken will be able to save their wealth to the other side of the crash or even increase it during the process. There will be a very few assets to get you over the crisis and gold and silver are amongst them.
     
     
  4. Like
    silenceissilver reacted to sixgun in Gold Monitoring Thread £ GBP only   
  5. Like
    silenceissilver got a reaction from watchesandwhisky in Gold Monitoring Thread £ GBP only   
    File Bigmarc jr jr,
    7/3/2037 9:34:17 first chewing gum purchased, one Orbit Strawberry ultra, bought for £1.350.000 at the age of 6 years
    7/5/2045 19:54:51 first online porn magazine purchased, Playgirl Climax, issue 5/44 for £133.500.000 at the age of 14 years
    2/6/2053 11:21:41 first Sovereign purchased, William V second portray with a 100 year QE coronation privy mark for £932. 438.000.000 at the age of 22 years
    2/3/2054 23:20:04 book order Amazon "What women REALLY want" for £532. 000.000 at the age of 23 years
    8/3/2064 15:47:35 book order Amazon "Does your wife cheat you? - The ultimate guide to find out the truth!" for £674. 500. 000.000 at the age of 33 years
    15/3/2064 22:57:53 entry fee swinger club "Threesome Free Hearts"  for £3.821. 500. 000.000 at the age of 33 years
    2/9/2067 11:30:00 consultancy fee divorce solicitor Andrew Strong  for £629. 983.821. 500. 000.000 at the age of 34 years
    2/9/2067 11:30:00 165 Sovereigns and 2 one ounce Britannia silver coins 2053 and 2054 sold to Chards for £5.658. 629. 983.821.500. 000.000 at the age of 35 years
    2/9/2068 11:30:00 attempted purchase 70 Stella Artois - transfer declined due to climate lockdown No33, at the age of 36 years
    2/9/2068 11:44:17 attempted purchase 19 Stella Artois - transfer declined due to climate lockdown No33, at the age of 36 years
    2/9/2068 11:45:02 attempted purchase Dairy Milk 80g chocolate bar - transfer declined due to a body mass index of 32, at the age of 36 years
    17/1/2069 17:00:00 failed to show up for 3montly booster jab - account blocked for a fortnight, at the age of 37 years.
    17/8/2070 9:24:36 account closed after assisted suicide, at the age of 38
     
  6. Haha
    silenceissilver got a reaction from spoon in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  7. Haha
    silenceissilver got a reaction from Antwerpstacker in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  8. Haha
  9. Haha
    silenceissilver reacted to dikefalos in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    I have to get this for my mother in law. She looks like this. Is there a quicksilver or uranium variation with a necklace? I would go for a 10 OZ.
  10. Haha
    silenceissilver got a reaction from xthomasx in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  11. Like
    silenceissilver got a reaction from Griffo in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  12. Like
    silenceissilver got a reaction from Griffo in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    For me it's a double Sovereign over a Half Britannia anytime and there might be one or 2 members here sharing this view. I wouldn't speculate on appreciation. Personally however, my favourite roughly half ounce coin is a pre 33 10 Dollar, Indian Head or not. I wouldn't recommend it though, living in the UK, maybe it's different in the US but here it has a premimum well over that of that of a half Britannia or Double Sovereign. Just a personal quirk.
  13. Like
    silenceissilver got a reaction from Scaffstacker in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    For me it's a double Sovereign over a Half Britannia anytime and there might be one or 2 members here sharing this view. I wouldn't speculate on appreciation. Personally however, my favourite roughly half ounce coin is a pre 33 10 Dollar, Indian Head or not. I wouldn't recommend it though, living in the UK, maybe it's different in the US but here it has a premimum well over that of that of a half Britannia or Double Sovereign. Just a personal quirk.
  14. Haha
    silenceissilver got a reaction from KevinFlynn in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  15. Like
    silenceissilver got a reaction from dikefalos in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    For me it's a double Sovereign over a Half Britannia anytime and there might be one or 2 members here sharing this view. I wouldn't speculate on appreciation. Personally however, my favourite roughly half ounce coin is a pre 33 10 Dollar, Indian Head or not. I wouldn't recommend it though, living in the UK, maybe it's different in the US but here it has a premimum well over that of that of a half Britannia or Double Sovereign. Just a personal quirk.
  16. Haha
    silenceissilver got a reaction from dikefalos in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  17. Haha
    silenceissilver got a reaction from modofantasma in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  18. Like
    silenceissilver reacted to Midasfrog in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    There is more demand for full sovereigns over double sovereigns , so I would purchase two full sovereigns as they are more liquid and can be sold separately 👍
    There may also be a small premium on both the full sovereigns moving forwards a few years .
  19. Like
  20. Haha
    silenceissilver got a reaction from jultorsk in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  21. Like
    silenceissilver got a reaction from RDHC in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  22. Like
    silenceissilver got a reaction from RDHC in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    For me it's a double Sovereign over a Half Britannia anytime and there might be one or 2 members here sharing this view. I wouldn't speculate on appreciation. Personally however, my favourite roughly half ounce coin is a pre 33 10 Dollar, Indian Head or not. I wouldn't recommend it though, living in the UK, maybe it's different in the US but here it has a premimum well over that of that of a half Britannia or Double Sovereign. Just a personal quirk.
  23. Haha
    silenceissilver got a reaction from Zhorro in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  24. Haha
    silenceissilver got a reaction from Oddjob in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

  25. Haha
    silenceissilver got a reaction from SilverAg in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Whatever you go for, avoid this new and very ugly piece of gold - 1/100 ounce for 29 Euros(!)

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