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sixgun

Silver Premium Member
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Reputation Activity

  1. Like
    sixgun got a reaction from Piggybank in Is Coin Collecting A Male-Dominated Hobby?   
    i am not a coin collector as such - i have no interest in coins other than gold and silver. i value the coins primarily on the precious metal. i have many thousands of coins, i have developed a reasonably amount of knowledge over time but still do not consider myself a coin collector. i invest in gold and silver.
    We have discussed the notion there are few women members of the silver forum - there are a few - some have been chased off by rude comments - the language is pretty laddish at times. This is how it should be b/c this is how the membership is and we shouldn't change to attract a handful of women. 
    Women do not invest like men do - they do not invest as much. Members are here for gold and silver - they are at some level or other investors. This is a gold and silver investment forum and as such you will find few women. If it were a jewelry forum perhaps you would find more women.
  2. Like
    sixgun got a reaction from Silverclown in Silver Monitoring Thread £ (GBP) only.   
    The Fed has been pushing USD into the banking system over the last few days b/c the Saudis withdrew funds following the oil refinery attacks. There was already a liquidity shortage b/c the US Treasury is issuing large amounts of Treasuries but foreigners don't want them - foreigners have not been buying US debt for several years. The bonds are left on the books of the underwriting banks which is soaking up dollars and they are struggling to get rid of them. The combination of the two has resulted in a shortage of cash - the Fed invented $billions at the click of a mouse, at a keystroke to ease the situation. This is a sticking plaster - foreigners are not financing the US debt and there is increasing de-dollarisation.  
  3. Thanks
    sixgun got a reaction from KDave in Silver Monitoring Thread £ (GBP) only.   
    There are quite a few factors in play. The ECB was supporting US Treasuries - this recently stopped. Foreigners aren't buying Treasuries and in reality haven't been for several years - they are now in reality junk bonds. Treasuries are still selling but the cash to buy them is being sucked out of the US financial system, which causes a liquidity problem. Then something else crops up like the Saudis pulling cash out of the banks following the oil refinery attacks and Houston we have a problem. 
    The US government has become completely unaccountable with FASAB 56 - "national security concerns now override the need for public financial transparency"  The missing $21 trillion or however much it really is, can no longer be questioned. The need to pull the curtain over the accounting books suggests it has been done to hide wanton criminality and a system teetering on the edge of the abyss.   https://www.thesiriusreport.com/economics/fasab-56-dollar-us-treasury/
    All the data is fake - this is not the greatest ever economy. It is one that was gutted and ran on credit - credit the world is no longer willing to provide.
    Shale oil is bankrupt and declining - the banks having put $2 trillion in - where did those $trillions come from? 
    i hear US based pundits talking - they are in denial, paid to talk sh1t or under a delusion imagining the USD will go on forever. The Petro-dollar is dying - rapidly. Russia has de-dollarised - sanctions achieved that. Putin intends to destroy the dollar. Saudi is selling increasing amounts of oil in EUR and CNY. Russia is buying oil from Iran in EUR and then reselling it.
    Once upon a time the US would introduce democracy with regime change when states did not play ball - not been very successful lately - we see the absolute failure of a coup in Venezuela - right in America's backyard. Venezuala is under Russian and Chinese control. Iran is in the same fold. Iran controls a big slice of Iraq. Saudi is turning East and will break free. Trump says he has rebuilt the US military - it is the strongest in the world. The best in does is guard poppy fields. Russia is untouchable - Putin has warned the US it could be incinerated in 30 minutes - Russian technology is decades ahead - the expensive US defence system the Saudis bought didn't do them much good - Putin has offered the Saudis the S400 and security. The Russians have turned US warships in floating junk - caused them to crash into other ships - every ICBM could be triggered as their nose cones come out of the silos - America could incinerate itself - no need for the hypersonic Russian missiles that sit off America's coastline. 
    The US can no longer bully the world to use the dollar and the world is at an accelerating rate avoiding the dollar. The Petro-dollar will die and with it the fuel that enables the Western cabal to wreck havoc. 
  4. Like
    sixgun got a reaction from Madstacks in Is Coin Collecting A Male-Dominated Hobby?   
    i am not a coin collector as such - i have no interest in coins other than gold and silver. i value the coins primarily on the precious metal. i have many thousands of coins, i have developed a reasonably amount of knowledge over time but still do not consider myself a coin collector. i invest in gold and silver.
    We have discussed the notion there are few women members of the silver forum - there are a few - some have been chased off by rude comments - the language is pretty laddish at times. This is how it should be b/c this is how the membership is and we shouldn't change to attract a handful of women. 
    Women do not invest like men do - they do not invest as much. Members are here for gold and silver - they are at some level or other investors. This is a gold and silver investment forum and as such you will find few women. If it were a jewelry forum perhaps you would find more women.
  5. Like
    sixgun got a reaction from Roy in Is Coin Collecting A Male-Dominated Hobby?   
    i am not a coin collector as such - i have no interest in coins other than gold and silver. i value the coins primarily on the precious metal. i have many thousands of coins, i have developed a reasonably amount of knowledge over time but still do not consider myself a coin collector. i invest in gold and silver.
    We have discussed the notion there are few women members of the silver forum - there are a few - some have been chased off by rude comments - the language is pretty laddish at times. This is how it should be b/c this is how the membership is and we shouldn't change to attract a handful of women. 
    Women do not invest like men do - they do not invest as much. Members are here for gold and silver - they are at some level or other investors. This is a gold and silver investment forum and as such you will find few women. If it were a jewelry forum perhaps you would find more women.
  6. Like
    sixgun got a reaction from KDave in Is Coin Collecting A Male-Dominated Hobby?   
    i am not a coin collector as such - i have no interest in coins other than gold and silver. i value the coins primarily on the precious metal. i have many thousands of coins, i have developed a reasonably amount of knowledge over time but still do not consider myself a coin collector. i invest in gold and silver.
    We have discussed the notion there are few women members of the silver forum - there are a few - some have been chased off by rude comments - the language is pretty laddish at times. This is how it should be b/c this is how the membership is and we shouldn't change to attract a handful of women. 
    Women do not invest like men do - they do not invest as much. Members are here for gold and silver - they are at some level or other investors. This is a gold and silver investment forum and as such you will find few women. If it were a jewelry forum perhaps you would find more women.
  7. Like
  8. Like
    sixgun got a reaction from 5huggy in Gold Monitoring Thread $ (USD) only   
    1000 tonnes inflows of gold on paper - do these inflows of gold and silver actually take place? For example with SLV and GLD? Doubtful.
  9. Like
  10. Like
    sixgun got a reaction from BullionBarn in Are Goldsilver.be VAT free in 2019 for uk?   
    Forum members have collectively ordered 100's thousands of EUR of silver from Goldsilver.be. i have bought a lot of silver from them - i have never had an issue - some have but as long as you pay for what you order you should not have any problems.
    i would get a move on - although i suspect there will be a hitch and the UK will not leave the EU on 31st October 2019 - (or even ever leave the EU) you never know. When/If the UK leaves there will be full 20% on imported silver. There is some VAT in the Goldsilver.be price - it is not completely tax free as most say but they use a loop hole in the tax laws to keep tax low. As i understand the silver is technically sold 'second hand' and is sold as already tax paid. i have been in discussion with David from Goldsilver.be about this - he suggests they have a card up their sleeve so they can still get lower tax coins over to the UK - they may be exploiting the fact VAT on silver coins and medallions which are collectors' pieces of numismatic interest is 5%. Few know it is 5% and that includes the pirates at Customs.  
  11. Super Like
    sixgun got a reaction from StackSellRepeat in UK Inflation Questions   
    In the olden days inflation was flat as the currency was gold and silver. Expansion of the currency was restricted when you have to have the gold and silver. Prices in the UK almost doubled during WWI. Sovereigns were effectively withdrawn from circulation and the silver content of coinage fell from Sterling to 50%. The country was then completely bankrupted by WWII. All silver was removed from the coins. The Bretton Woods agreement formulated towards the end of WWII had the USD tied to gold and other hard currencies tied to the dollar. Fixed and not floating exchange rates were the norm. There was some inflation and countries would devalue their currencies from time to time but nothing like what happened following Nixon discontinuing the convertibility of the USD into gold in 1971.
    The US was printing lots of dollars during the latter half of the 1960's. The Vietnam war was costing a lot. Other nations notably the French saw the US was not playing ball. For world reserve status the US had agreed to only create small amounts of new dollars and they were throwing them out like confetti. The French wanted gold for these dollars which they could see were being devalued. The massive gold reserves the US had built up under FDR and WWII had dwindled. If Nixon had not pulled the plug on dollar convertibility all the gold would have gone - perhaps all the gold did go - there haven't been audits for a long time. 
    Following the dollar coming off the gold standard there was no limit to the number of dollars and dollar linked currencies that could be created. Floating exchange rates eventually appeared rather than fix rates. No end of dollars and other currencies were created - we see this in QE and endless government borrowing.
    The inflation rates have been doctored for years. They do not reflect the real cost of living. This would expose the amount of currency the banks are creating and how they are devaluing the currencies. The pound in your pocket becomes worth less and less on its way to being worthless, there is a process of theft by stealth occurring. This is one of the reasons gold and silver prices are manipulated to avoid exposing how worthless fiat has become.
  12. Like
    sixgun got a reaction from Norskgeld in UK Inflation Questions   
    Absolutely mate - your savings should be at least 20% in gold - save sovereigns and say goodbye to CGT and VAT.
  13. Like
    sixgun got a reaction from Norskgeld in UK Inflation Questions   
    In the olden days inflation was flat as the currency was gold and silver. Expansion of the currency was restricted when you have to have the gold and silver. Prices in the UK almost doubled during WWI. Sovereigns were effectively withdrawn from circulation and the silver content of coinage fell from Sterling to 50%. The country was then completely bankrupted by WWII. All silver was removed from the coins. The Bretton Woods agreement formulated towards the end of WWII had the USD tied to gold and other hard currencies tied to the dollar. Fixed and not floating exchange rates were the norm. There was some inflation and countries would devalue their currencies from time to time but nothing like what happened following Nixon discontinuing the convertibility of the USD into gold in 1971.
    The US was printing lots of dollars during the latter half of the 1960's. The Vietnam war was costing a lot. Other nations notably the French saw the US was not playing ball. For world reserve status the US had agreed to only create small amounts of new dollars and they were throwing them out like confetti. The French wanted gold for these dollars which they could see were being devalued. The massive gold reserves the US had built up under FDR and WWII had dwindled. If Nixon had not pulled the plug on dollar convertibility all the gold would have gone - perhaps all the gold did go - there haven't been audits for a long time. 
    Following the dollar coming off the gold standard there was no limit to the number of dollars and dollar linked currencies that could be created. Floating exchange rates eventually appeared rather than fix rates. No end of dollars and other currencies were created - we see this in QE and endless government borrowing.
    The inflation rates have been doctored for years. They do not reflect the real cost of living. This would expose the amount of currency the banks are creating and how they are devaluing the currencies. The pound in your pocket becomes worth less and less on its way to being worthless, there is a process of theft by stealth occurring. This is one of the reasons gold and silver prices are manipulated to avoid exposing how worthless fiat has become.
  14. Like
    sixgun got a reaction from Jvw in UK Inflation Questions   
    In the olden days inflation was flat as the currency was gold and silver. Expansion of the currency was restricted when you have to have the gold and silver. Prices in the UK almost doubled during WWI. Sovereigns were effectively withdrawn from circulation and the silver content of coinage fell from Sterling to 50%. The country was then completely bankrupted by WWII. All silver was removed from the coins. The Bretton Woods agreement formulated towards the end of WWII had the USD tied to gold and other hard currencies tied to the dollar. Fixed and not floating exchange rates were the norm. There was some inflation and countries would devalue their currencies from time to time but nothing like what happened following Nixon discontinuing the convertibility of the USD into gold in 1971.
    The US was printing lots of dollars during the latter half of the 1960's. The Vietnam war was costing a lot. Other nations notably the French saw the US was not playing ball. For world reserve status the US had agreed to only create small amounts of new dollars and they were throwing them out like confetti. The French wanted gold for these dollars which they could see were being devalued. The massive gold reserves the US had built up under FDR and WWII had dwindled. If Nixon had not pulled the plug on dollar convertibility all the gold would have gone - perhaps all the gold did go - there haven't been audits for a long time. 
    Following the dollar coming off the gold standard there was no limit to the number of dollars and dollar linked currencies that could be created. Floating exchange rates eventually appeared rather than fix rates. No end of dollars and other currencies were created - we see this in QE and endless government borrowing.
    The inflation rates have been doctored for years. They do not reflect the real cost of living. This would expose the amount of currency the banks are creating and how they are devaluing the currencies. The pound in your pocket becomes worth less and less on its way to being worthless, there is a process of theft by stealth occurring. This is one of the reasons gold and silver prices are manipulated to avoid exposing how worthless fiat has become.
  15. Like
    sixgun got a reaction from whitesands1 in UK Inflation Questions   
    In the olden days inflation was flat as the currency was gold and silver. Expansion of the currency was restricted when you have to have the gold and silver. Prices in the UK almost doubled during WWI. Sovereigns were effectively withdrawn from circulation and the silver content of coinage fell from Sterling to 50%. The country was then completely bankrupted by WWII. All silver was removed from the coins. The Bretton Woods agreement formulated towards the end of WWII had the USD tied to gold and other hard currencies tied to the dollar. Fixed and not floating exchange rates were the norm. There was some inflation and countries would devalue their currencies from time to time but nothing like what happened following Nixon discontinuing the convertibility of the USD into gold in 1971.
    The US was printing lots of dollars during the latter half of the 1960's. The Vietnam war was costing a lot. Other nations notably the French saw the US was not playing ball. For world reserve status the US had agreed to only create small amounts of new dollars and they were throwing them out like confetti. The French wanted gold for these dollars which they could see were being devalued. The massive gold reserves the US had built up under FDR and WWII had dwindled. If Nixon had not pulled the plug on dollar convertibility all the gold would have gone - perhaps all the gold did go - there haven't been audits for a long time. 
    Following the dollar coming off the gold standard there was no limit to the number of dollars and dollar linked currencies that could be created. Floating exchange rates eventually appeared rather than fix rates. No end of dollars and other currencies were created - we see this in QE and endless government borrowing.
    The inflation rates have been doctored for years. They do not reflect the real cost of living. This would expose the amount of currency the banks are creating and how they are devaluing the currencies. The pound in your pocket becomes worth less and less on its way to being worthless, there is a process of theft by stealth occurring. This is one of the reasons gold and silver prices are manipulated to avoid exposing how worthless fiat has become.
  16. Like
    sixgun got a reaction from Kookaburracollector in UK Inflation Questions   
    In the olden days inflation was flat as the currency was gold and silver. Expansion of the currency was restricted when you have to have the gold and silver. Prices in the UK almost doubled during WWI. Sovereigns were effectively withdrawn from circulation and the silver content of coinage fell from Sterling to 50%. The country was then completely bankrupted by WWII. All silver was removed from the coins. The Bretton Woods agreement formulated towards the end of WWII had the USD tied to gold and other hard currencies tied to the dollar. Fixed and not floating exchange rates were the norm. There was some inflation and countries would devalue their currencies from time to time but nothing like what happened following Nixon discontinuing the convertibility of the USD into gold in 1971.
    The US was printing lots of dollars during the latter half of the 1960's. The Vietnam war was costing a lot. Other nations notably the French saw the US was not playing ball. For world reserve status the US had agreed to only create small amounts of new dollars and they were throwing them out like confetti. The French wanted gold for these dollars which they could see were being devalued. The massive gold reserves the US had built up under FDR and WWII had dwindled. If Nixon had not pulled the plug on dollar convertibility all the gold would have gone - perhaps all the gold did go - there haven't been audits for a long time. 
    Following the dollar coming off the gold standard there was no limit to the number of dollars and dollar linked currencies that could be created. Floating exchange rates eventually appeared rather than fix rates. No end of dollars and other currencies were created - we see this in QE and endless government borrowing.
    The inflation rates have been doctored for years. They do not reflect the real cost of living. This would expose the amount of currency the banks are creating and how they are devaluing the currencies. The pound in your pocket becomes worth less and less on its way to being worthless, there is a process of theft by stealth occurring. This is one of the reasons gold and silver prices are manipulated to avoid exposing how worthless fiat has become.
  17. Like
    sixgun got a reaction from goldmember44 in UK Inflation Questions   
    In the olden days inflation was flat as the currency was gold and silver. Expansion of the currency was restricted when you have to have the gold and silver. Prices in the UK almost doubled during WWI. Sovereigns were effectively withdrawn from circulation and the silver content of coinage fell from Sterling to 50%. The country was then completely bankrupted by WWII. All silver was removed from the coins. The Bretton Woods agreement formulated towards the end of WWII had the USD tied to gold and other hard currencies tied to the dollar. Fixed and not floating exchange rates were the norm. There was some inflation and countries would devalue their currencies from time to time but nothing like what happened following Nixon discontinuing the convertibility of the USD into gold in 1971.
    The US was printing lots of dollars during the latter half of the 1960's. The Vietnam war was costing a lot. Other nations notably the French saw the US was not playing ball. For world reserve status the US had agreed to only create small amounts of new dollars and they were throwing them out like confetti. The French wanted gold for these dollars which they could see were being devalued. The massive gold reserves the US had built up under FDR and WWII had dwindled. If Nixon had not pulled the plug on dollar convertibility all the gold would have gone - perhaps all the gold did go - there haven't been audits for a long time. 
    Following the dollar coming off the gold standard there was no limit to the number of dollars and dollar linked currencies that could be created. Floating exchange rates eventually appeared rather than fix rates. No end of dollars and other currencies were created - we see this in QE and endless government borrowing.
    The inflation rates have been doctored for years. They do not reflect the real cost of living. This would expose the amount of currency the banks are creating and how they are devaluing the currencies. The pound in your pocket becomes worth less and less on its way to being worthless, there is a process of theft by stealth occurring. This is one of the reasons gold and silver prices are manipulated to avoid exposing how worthless fiat has become.
  18. Like
    sixgun got a reaction from Scuzzle in sabre rattling! version 2.401   
    The drone attacks on the oil installations were very sophisticated. This will have taken months to plan and organise. 
    Iran hasn't attacked anyone for centuries.
    Houthi rebels do not have the know how or kit to do this.
    Who does have the means and who gains?
    Nethanyahu is in a sticky patch with the Israeli elections - the Israeli authorities are angling to prosecute him for fraud. The Zionist Neo-Cons are always spoiling for a war with Iran. Saudi relations with Iran are actually improving as Saudi turns East and the Belt and Road projects moves forward. Saudi has been selling oil to China in yuan since last September.  Saudi defense systems didn't defend the Kingdom - a warning to the Saudis perhaps.
    Trump was talking about personally starting talks with Iranian leaders. 
    As usual in the Middle East we could back to Israel and the Neo-Cons.
    London Paul of the Sirius Report is doing a triple podcast on 18th September - i will be interested to see what he has discovered. Not known him do a triple podcast so he must have discovered a lot.
     
  19. Like
    sixgun got a reaction from RacerCool in Lest We Forget - 9/11 Reflections   
    There are without doubt Zionist fingerprints all over 9/11. Trump has been bankrupt a number of times and resurrected. His has been very pro-Israel and the chances of him, a New York property tycoon, not being in the pocket of the Zionists is slim to zero. He is however desperate for a major foreign policy success. The departure of Bolton, the war monger in chief appears to show Trump distancing himself from the neo-Con Zionist cabal. Bolton was getting in the way - a break through with Iran could be where the progress is sought. Russia and China are backing up Iran so the usual US pressure is not getting the traction it would have done in previous years. An attack on Iran would be madness. It would be Iraq on steroids with China and the real military super power Russia coming in to settle the argument. Trump doesn't want this. He promised Americans he would bring the troops back home. If GI's were visibly seen coming home from overseas Trumps rating would skyrocket. We will see. Eisenhower warned the world about the military industrial complex but after Kennedy, presidents have been front men for this death and debt machine.
  20. Like
    sixgun got a reaction from 5huggy in EU - "when in a hole - STOP DIGGING"!!   
    Pull the pin and retire to a safe distance.
  21. Like
    sixgun got a reaction from MancunianStacker in EU - "when in a hole - STOP DIGGING"!!   
    Pull the pin and retire to a safe distance.
  22. Like
    sixgun got a reaction from Norskgeld in Facebook   
    Fakebook want your identity - they want real details which they can collect and sell. If you don't give real details or something that looks like real details you aren't worth anything to them - these are not really free to use platforms.
  23. Like
    sixgun got a reaction from Kookaburracollector in Oil to the moon   
    Iran will not have been involved - what would they gain? Nothing. i would expect it was the Saudis gone and done it to themselves - or Uncle Sam in an attempt to get MBS out - they have been itching to do that for some time - especially since Saudi has been selling oil for Yuan for the last year. Not to forget shale oil is expensive to extract and many of the shale oil companies are insolvent and there is a huge problem with shale oil debt and associated junk bonds. Several potential culprits for several potential reasons - but these don't include Iran.
  24. Haha
    sixgun got a reaction from SILVERFINGER in Today I bought (Non PM).....   
    Is this instead of your sock drawer?
  25. Super Like
    sixgun got a reaction from StackSellRepeat in Oil to the moon   
    Now wouldn't Trump look like a super hero if he brought peace into the equation especially now Bolton is no longer meddling? Now there is motivation.