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SamCW

Silver Premium Member
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    United Kingdom

Reputation Activity

  1. Like
    SamCW reacted to Abyss in Investing in Silver   
    To be honest I have only read one book when it comes to PMs (free available online)
    https://fake.richdad.com

    Most research I have done via YouTube subscribed to the following channels (blanked out all the none PM related channels). Word of caution be very careful who listen to on YouTube as it can and will influence you.

  2. Like
    SamCW reacted to Lindeman in 2019 oriental border   
    Not sure what to make of this , as I loved the 2018 design and bought in with a 20x sleeve.....partly because it was called a “One time” design (which is now not entirely true🙁). . So they are being a bit cute just fiddling with the border design. Agree with you @SamCW - the 2019 has too many concentric lines now out past the radials ...if thats the right terminology.  In other words - yes, its more cluttered! 
    Here is the 2018 image for comparison. 
    I guess i agree with a few others - will just have to shut up and keep the run going then ! Buckle up for an annual geometry / oriental border competition ....because i am sure a 7 year old with a ruler and steady hand could design a new border for 2020, 2021 etc 😂.
     

  3. Like
    SamCW got a reaction from sovereignsteve in 2019 oriental border   
    Nice, but I prefer the last set tbh! New one looks a little cluttered IMO.
  4. Like
    SamCW got a reaction from zeusss4 in Perth mint silver   
    Pm'd
  5. Like
    SamCW got a reaction from sovereignsteve in 2019 oriental border   
    Nice, but I prefer the last set tbh! New one looks a little cluttered IMO.
  6. Thanks
    SamCW reacted to kneehow2018 in Gold 1/4oz Queen's Beasts Lion   
    Falcon @ spot price - ref ad. terms. Offer of all three Dragon, Unicorn & Falcon (the latter at spot) come with 1oz F.O.C Dragon & Tiger as before. Thanks.
    (spot @ £994.45 as I write)
  7. Like
    SamCW reacted to kneehow2018 in Gold 1/4oz Queen's Beasts Lion   
    Last Lion 1/4oz left!
  8. Thanks
    SamCW reacted to kneehow2018 in Gold 1/4oz Queen's Beasts Lion   
    UK based. Payment by bank transfer. UK posting only. £5 towards postage.  POSTAGE INCLUDED
    Unicorn: £299.00 290.00      SOLD
    Dragon: £299.00 290.00      SOLD
    Falcon: £SPOT TO BE AGREED AT TIME OF SALE          Buy these three coins & receive the BU silver Dragon & Tiger F.O.C SOLD
    (Supplied in capsules. Falcon coin (in the lighthouse) reduced to spot price due to scartches on cheek / neck): 
    5 x Lions @ £309 300 each: 4 Lions SOLD            LAST LION LEFT
     

     

     

     
     

  9. Haha
    SamCW reacted to Pritchard in Stack Sell - Gold and silver Coins *REDUCED! Buy Me!*   
    Still Two and a Half ounces of fine gold,
    That is available, and waiting to be sold,
    So dont delay and dont hang around,
    who knows if the dollar will raise against the pound.
    If brexit is what you are waiting for,
    Then make sure you are first to the door.
    I really need this thread to be closed,
    As i have another, soon, to be composed.

     
  10. Thanks
    SamCW reacted to vand in Market Corrections, Crashes & Silver Prices   
    Interesting OP.. I guess the historical record is what it is. It would indeed seem that for the majority of crashes, silver behaves like a commodity and gets a walloping alongside stocks. poor silver bugs.
    I would be careful about such cherry picked data, though. For example, I think we are all aware of how much better silver did than gold from the bottom of the last crash in Q1 2009, so it's a case of swings and roundabounts. One way to look at it is that you need the price volatility in order to take advantage of cost-averaging strategies, and silver is much better for this than gold
     
  11. Like
    SamCW reacted to HawkHybrid in Market Corrections, Crashes & Silver Prices   
    my interpretation of the data is that it suggests silver mostly
    goes down with the stock market during recent big declines.
    it just goes down less in %.
    with hindsight, what should you have held in 2011, silver
    which has dropped ~70% or gold which dropped ~55%?
    given hindsight I would hold neither. cash would have been a
    better hold.
    hence I'm suggesting those holding silver in the hope that
    it will buck the trend similar to gold, (should a big drop in the
    stock markets occur) should consider recalculating the odds.
     
    everyone knows the price of silver is more volatile than gold...
    that means it does crazy things. it's a gamble, expecting it to
    be predictable when you want it to... (people need to revise
    their expectations.)
    (I'm not saying that silver won't save you during a crisis, I'm
    saying that the actual odds of it happening might change
    how comfortable some people might feel about going all in
    on silver to save the day)
     
    I started all in on silver. the move to only consider gold
    sovereigns, for me, is simplicity itself.
     
    HH
     
  12. Like
    SamCW got a reaction from vand in Market Corrections, Crashes & Silver Prices   
    Hello all,
    Was having a chat to a friend this morning about precious metals as an investment and we got to discussing how well they fare during a severe market correction, particularly silver. I thought this might be an interesting discussion to bring to TSF. Forgive me if this is covered ground.
    The gist of our conversation was as follows:
    "Yes, a large portion of collectors/stackers are in this for the long haul and many have been in it for a while and we all have our own reasons for investing. It's hard to deny that a lot of people are in it as a hedge against a SHTF scenario and a potential fiat collapse etc, but let's step away from that and ask "what if the market simply goes through an aggressive correction eg 40-50%?" Historically when the market has crashed silver has, more often than not, dropped with it while gold prices have remained relatively stable or have seen a slight uptick. (See attached image) Being that we are due a correction in the market, what are your thoughts and approaches to your current positions in precious metals? Are you keeping any cash on hand to capitalise on a potential price drop? Do you think it will go the other way and silver will perform strongly? With the current GSR being so high, silver is constantly being touted as the 'investment opportunity of a generation'... but what if it's about to take a bit of a heavy hit to the proverbials?"
    FYI the majority of my position is in silver. I just though it would be great to see what some of your thoughts on it are? 
     
     
     

  13. Like
    SamCW got a reaction from KevinFlynn in Market Corrections, Crashes & Silver Prices   
    I agree that paper trading is a more effective way of capitalising on market fluctuations. But similarly to Kevin, I’m not savvy enough yet to take a meaningful position with an acceptable margin of safety. I have found physical metals far more accessible while I learn. 
    With that in mind, my plan is to stay in physical while I learn, then move across when I am ready. But with a view to maintain some metal. 
    In the mean time I can pretend to be a pirate 🏴‍☠️ 
     
  14. Like
    SamCW got a reaction from AuricGoldfinger in Market Corrections, Crashes & Silver Prices   
    @KevinFlynn I am of a similar mindset. I think 1:32 is a solid ratio and something that I would certainly like to rebalance to... Gotta keep a bit of room for a shiny extra 😎 after all you might as well have some fun along the way!
  15. Like
    SamCW reacted to HawkHybrid in Market Corrections, Crashes & Silver Prices   
    due to the low spread/high liquidity you can trade gold
    sovereigns on shorter term fluctuations than you can
    with physical silver bullion.
     
    HH
  16. Like
    SamCW got a reaction from KevinFlynn in Market Corrections, Crashes & Silver Prices   
    I agree that paper trading is a more effective way of capitalising on market fluctuations. But similarly to Kevin, I’m not savvy enough yet to take a meaningful position with an acceptable margin of safety. I have found physical metals far more accessible while I learn. 
    With that in mind, my plan is to stay in physical while I learn, then move across when I am ready. But with a view to maintain some metal. 
    In the mean time I can pretend to be a pirate 🏴‍☠️ 
     
  17. Like
    SamCW reacted to KevinFlynn in Market Corrections, Crashes & Silver Prices   
    Well, I do have money invested in stocks and bonds (funds), and buy more of them every month. But that is just for diversification, I am not investment savy enough to actually eye a specific market. I am basically leaving this to fonds managers, and just choosing categories like Large Cap or Mid Cap, and established (say, Germany and Switzerland) or emerging (say, China and India).
    Precious metals is where my heart is at, so this is where I am willing to put in a little more effort...
    Other than that I am a standard working drone, relying on my salary...
     
    (I would not want to derail the tread)
  18. Like
    SamCW reacted to HawkHybrid in Market Corrections, Crashes & Silver Prices   
    I have no idea, and no intention of dwelling in the past.
    looking towards the future, I hold some physical silver.
    when I feel I should add to physical metal I make
    purchases in gold(mostly sovereigns). make of it what
    you will but I believe paper trading, futures etc (all of the
    dirty, nasty stuff that metals fanatics have told you to
    stay away from so that they can sell you physical metal)
    is still the way to trade on market fluctuations. you can
    go long metals but also (most criminal act ever) short
    metals when it's appropriate to do so.
     
    work out a strategy.
    buy what is likely to increase in value and not what is cheap.
    (rubbish is plenty cheap, I don't see people hoarding that
    for decades on end, oh wait...)
    there's a lot more to trading silver than the gsr.  trades might
    take years or even over a decade to turn a profit on physical
    silver bullion.
     
    HH
  19. Like
    SamCW reacted to KevinFlynn in Market Corrections, Crashes & Silver Prices   
    While I agree that silver will never be worthless, what I see historically and what I feel in society is that nothing will beat gold as the instinctively chosen investment metal. This is nothing that I would have to look at statistics for. I do believe that gold should be the main wealth preserver - silver is too much of an industrial metal and thus tied to other factors than gold (see what happened to platinum).
    I do however believe in silver for speculation, as a bet on a correction. I also like it's relative cheapness for nice and shiny extras (collector coins). And you cannot go wrong with silver as an alternative to fiat. Buying silver to ultimately swap into gold is not the worst plan, but in all honesty, I cannot see a real explosion happen, like silver correcting it's worth a hundred times. But as we have see in the last ten years, it may double (or half).
     
    In my stack, am trying to keep a ratio of an ounce of gold to a kilogram of silver, so about 1:32 . I do divert a bit with those extra pieces of silver that catch my eyes, though.
  20. Like
    SamCW reacted to Pete in Market Corrections, Crashes & Silver Prices   
    Personally I cannot see any relationship between the DOW fluctuations and the prices of PMs from this table.
    You might add a third column - number of category 4 or higher hurricanes; or audience numbers watching Dancing on Ice; and some analytical guru will make a correlation that has a 50% chance of being correct.
    Many of us stackers believe silver is heavily manipulated so a few of us reckon the price is due to rebound especially since the GSR remains artificially high.
    All it needs is a big buy from China, Russia, India or a USA financial institution and we will be fastening our seat belts on the way into outer space.
    Gold remains a relatively stable hedge against currency collapse globally with silver in its shadow.
    To be honest - no one can tell but I would add silver right now ahead of gold which has risen recently so is it near a peak on the rollercoaster cycle ?
     
  21. Like
    SamCW reacted to HawkHybrid in Market Corrections, Crashes & Silver Prices   
    data to suggest that silver might not be the miracle investment
    that some forum members believe it to be.
    currently my idea is to trade silver and hold gold for the long
    haul.
     
    HH
  22. Haha
    SamCW reacted to Roy in Storing   
    So that's why pirates squint and wear eye patches? 
  23. Like
    SamCW reacted to FrozenMojito in Storing   
    I keep my silver and gold coins in a wooden chest that looks like a pirate chest.
    Sometimes I take all the coins and stack them all up on the table.
    I mean what's the point in owning actual treasure if you can't play with it now and again?
    I'm thinking of getting a parrot too
  24. Like
    SamCW reacted to vand in Silver is for collecting, Golds for stacking!   
    Silver is like a non-expiring call option on gold.
    It comes with a premium markup, generally lags gold and has time decay, but when the market starts heading in the right direction then it will catch up and magnify the underlying movement several-fold.
  25. Haha
    SamCW reacted to Thelonerangershorse in Thinking of selling stack   
    Just out of interest, what exactly is in the stack?
     
     
    🦅