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Selling silver & gold to businesses


TheSilverSurfer

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15 minutes ago, tallyhojim said:

Reputations mean nothing when you are dealing with centralised wealth. As I've already stated, no amount of "reputation" is going to physically stop the States men with guns from taking what they want. A reputation is only as good as the moral principles of those who follow it. And the State does not have principles.

Again which states men are you referring too. 

 

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23 hours ago, tallyhojim said:

Now you're just being pedantic. You're not a practitioner of Saul Alinsky by any chance?

I don't understand this.. I don't know what this comment means..are you trying to Insult me... If you are. You need to be careful,Keyboard warrior. 

With all due respect I'm a lot more nasty face to face something to to do with be dragged up on a council estate up north.  

 

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@Groundup less than 2 weeks now - looking at some of the questions there are those who just don't get it. They will have cash in the bank when there is legislation specifically drafted to bail that cash in, shares without share certificates, pensions that can be disappeared in a heartbeat...they accept this but not Kinesis. Their choice.

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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8 hours ago, TheSilverSurfer said:

No way there are a few advantages. One being Buying physical gold makes their financial data more private. 

 

businesses and trade chose to move away from

a gold standard.

alternatively, if you went to your employer and

brought up allocating some cash reserves to

physical gold, what would they say?

(in this circumstance, you have the advantage

of them recognising and trusting you as an

employee)

look at the zimbabwe currency collapse. people

choose to move away from a gold standard.

they are not forced away from a gold standard

like they physical metals pumpers are

suggesting.

 

HH

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7 minutes ago, HawkHybrid said:

 

just as gold certificates do not diversify

physical gold holdings.

to diversify physical gold bullion you need

to buy something different to gold.

 

HH

I can buy physical

I can buy digital gold kinesis

I can buy miner's

I can buy paper etf

As far as I'm concerned that's diversified. 

 

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19 minutes ago, HawkHybrid said:

 

are you saying gold certificates diversifies a

holding of gold bullion?

 

HH

No 

 

So instead of "fiat" to KAU to AU - why not go straight to Au/Ag  ? ? ?

Am I not diversification if I changed fiat to physical

Am i not then diversified if I choose paper etf ect

I've diversified my wealth ibetween different  structures.

That's my opinion anyway

Plus were discussing kinesis which includes AG. 

 

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Just now, Groundup said:

So instead of "fiat" to KAU to AU - why not go straight to Au/Ag  ? ? ?

 

the question is why hold kinesis gold(kau) in

addition to physical gold?

ie why don't I(someone) simply hold physical

gold instead of making the additional step to

hold kau first?

 

HH

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Just now, HawkHybrid said:

 

the question is why hold kinesis gold(kau) in

addition to physical gold?

ie why don't I(someone) simply hold physical

gold instead of making the additional step to

hold kau first?

 

HH

The question was also in relation to kinesis,.. kau/kag. 

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14 minutes ago, Groundup said:

So instead of "fiat" to KAU to AU - why not go straight to Au/Ag  ? ? ?

 

where does it say kag?

you cannot diversify silver bullion using kag

you cannot diversify gold bullion using kau.

 

kinesis is not a diversification for those holding

physical pm bullion.

 

HH

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this is not about what your opinion is.

 

the fact is having a 60% or higher correlated

assets in a basket does not constitute a

diversified holding because it will not perform

as a diversified holding.

 

kinesis is not expected to diversify physical

bullion holdings(not yet launched but there is

no reason to believe it's not 60%+ correlated

to physical bullion)

 

HH

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The reason i will hold both Kinesis coins and physical in hand is b/c i enjoy having my physical - the problem is i cannot easily spend it and it doesn't make me anything until i sell it. Not being able to easily realise the value is a benefit sometimes - you might be tempted to fritter the value away but there is the hurdle of selling it which stops you or at least slows you down. On the other hand with Kinesis you can go to Tesco and pay for your groceries with the Kinesis debit card. So that part of your precious metal portfolio is immediately available to liquidate and spend. For me that will mean i do not need to hold as much fiat. It also means i get the holder's yield on that part of my portfolio i hold in my Kinesis wallets - something i do not get with gold in my physical collection. The holder's yield is 15% of the revenue from Kinesis - the amount per KAU/KAG depends on the velocity of the coins but this part of precious metal portfolio becomes a money maker rather than 'dead money'. The fee sharing part of the Kinesis system is the real bonus and separates it out from any other contenders. i intend to buy nice coins with my Kinesis profits - so a double whammy.

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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They are two separate things aren't they six? Your physical holdings have nothing to do with Kinesis, right?

 

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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11 hours ago, Groundup said:

No seriously which governments are you referring to. For example if the ABX Vaults in London were as you say going to get confiscated.

One.. it's fully insured by the best industry standard insurance

Two. It can be moved to another ABX vault location.

 

 

Any Government regardless of where they are in the world can physically confiscate the contents of any bank or vault. This also includes digital and paper ownership. Granted it would take a serious sh#tstorm of a situation to do that but the fact remains if they want it bad enough, there's not a damn thing anyone can do to stop it. And the fact that it's all centralised simply makes it much easier for them. Transferring wealth to another vaulted location? Forget it, if they can give themselves the power to confiscate, you can bet your bottom dollar that includes reversing any instructions by the legitimate owners to try and offshore it. The powers that be use an existing method to confiscate property from criminal enterprises so it's not as if they don't know how to do it. Our own Parliament has Laws on the Statute books that would allow them to do this, and if the current Statute didn't give them the legal framework they needed it wouldn't take long to amend it. They can amend Laws much faster than they can enact Laws.

Insurance you say? Pah! The moment you get reimbursed for that "legalised" theft, good old Mr State will take that as well. After all, any insurance payment will be done electronically and Mr State has the means to intercept that as well.

And here's the kicker. If the UK ends up down that path it means something very bad has happened. Something that is probably happening around the world as well. So if in the off chance our own lot of spineless fish can't get it, simply transferring it out to another international vault won't stop that receiving country's government from doing the same. You'll be like a baby seal stuck between two sharks.

But if all that doom and gloom scenario was playing out, it probably means we're in the grip of a global war so........



Added 0 minutes later...
11 hours ago, Groundup said:

Again which states men are you referring too. 

 

Please stop with the obfuscation strawman responses.

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10 hours ago, Groundup said:

I don't understand this.. I don't know what this comment means..are you trying to Insult me... If you are. You need to be careful,Keyboard warrior. 

With all due respect I'm a lot more nasty face to face something to to do with be dragged up on a council estate up north.  I'll leave you bleeding and piss on you for fun.

 

I've got a big ****.

Your point being?

And council estates don't make people hard.

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1 hour ago, HawkHybrid said:

this is not about what your opinion is.

 

the fact is having a 60% or higher correlated

assets in a basket does not constitute a

diversified holding because it will not perform

as a diversified holding.

 

kinesis is not expected to diversify physical

bullion holdings(not yet launched but there is

no reason to believe it's not 60%+ correlated

to physical bullion)

 

HH

If diversified between kag/kau through kinesis.. as the in the context of that conversation....I'm content in believing I've diversified...

If  i also believe that I'm diversified between the different groups of how to hold PM's...Well then I'm satisfied..

Maybe I could have used a more appropriate word...hedging..

But I'm not really that fussed. The general gist was there.

Feel free to correct me.👍

Just had a good workout with lads. Feeling good.👌

 

 

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10 hours ago, sixgun said:

@Groundup less than 2 weeks now - looking at some of the questions there are those who just don't get it. They will have cash in the bank when there is legislation specifically drafted to bail that cash in, shares without share certificates, pensions that can be disappeared in a heartbeat...they accept this but not Kinesis. Their choice.

Granted it's an extreme situation, but can the State either by amending existing Laws or creating new ones, use their power to confiscate Kinesis' vaulted wealth?

The answer to that is - Yes.

The concept is I admit interesting, just like Peter Schiff's system. but at the end of the day you cannot beat physical possession. Then there's the issues of power blackouts, cell network's risking going down, internet lock downs. These same issues also apply to existing debit cards so good luck with that.

Edit: Just realised I've been spelling Kinesis wrong this whole time. 

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2 hours ago, Roy said:

They are two separate things aren't they six? Your physical holdings have nothing to do with Kinesis, right?

 

My physical holding i have stashed away is nothing to do with what i hold in the ABX/Kinesis vaulting system. They are completely separate and i view them as different. i have no emotion when dealing with Kinesis metal - i do it as a way to profit - nothing else. My physical stash is an investment but a lot of it is my pleasure in having nice coins and bars.

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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