signofthetimes
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Posts posted by signofthetimes
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anyone tempted to buy on $ weakness this aft?
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Buy silver at spot (+small commission) without VAT at GoldMoney is my recommendation.
paper promises
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I would try to build a position in both gold & silver. I think silver looks cheaper at the moment, but silver is a lot more volatile than gold, so would try to make sure I had a balanced holding.
cheapest silver coin on CID = £14.23 inc VAT
spot price £7.64
thats a premium of 86%
I hope silver does go up as I bought a few hundred ounces when it was $18
I dont think silver is ever 'cheap' in this ripoff country
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Gold Market Update by Clive Maund - http://www.safehaven.com/article-12211.htm
Silver Market Update by Clive Maund - http://www.safehaven.com/article-12210.htm
Mr Maund is expecting a significant short-term pull-back.
looking good off the blocks in Asia
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I can't find much written about gold Mexican Libertads, has anyone bought them from CoinInvestDirect? They're currently the lowest premium 1oz coin on offer there. I'm just wondering how they look and feel since the premiums are 9%ish and comparable phils, maples or nuggets are selling around 11-12% over spot. If they're nice I'll buy some.
I bought quite a few Libertads from CID recently, nice looking coin imo, much nicer than a krug!
remember an ounce is an ounce.....
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Good find. Yes, I also think that the central banks themselves will have to revert to pushing the price of gold beyond all boundaries we've ever dreamt of. They need to create inflation, so they will let gold run once Gold-man Sucks have covered all their shorts.
now that would be a great forum alias! is it copyrighted ?
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I too am interested in platinum coins, but I really really do not want to give Gordon Brown 15% of my hard earned savings.
I'm probably going for Goldmoney silver with my next purchase, there is only so much bullion you can keep in the house and not worry about when away or at work!
If you.ve got a garden, time for some midnight gardening ?
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£548.
good, only another £22 to go and I'll break even on those 1oz Libertads I bought last week
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A big smackdown coinciding with an anticipated rally due to comex default is what I would do if I had the task of suppressing the gold price.
funny, thats exactly what Thursdays graph looked like !
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a 'heads up' for those of you wanting a nice 1oz coin sub £600. Currently selling at £570, not bad for an ounce of gold coin
http://coininvestdirect.com/main.php?a=11&id=290
(thats if there's any left after my order
)
edited to ad a pic (sorry, not a good one I know) as there isn't one on CID yet
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I've just spoken with CID and she said that you have just exceeded her stock on that item, but they would look to fulfill the remainder of the order the next day. I asked her about Krugerrands and she said she has hundreds in stock, I've asked her to get some more in.
One thing to bare in mind is that if you order more than £5K in a single order or more than £10K per annum then you must provide additional proof of identity for money laundering purposes. This is however on a per user basis, so you could ask your wife to register to get around this. She is also happy for multiple orders per day to avoid breaking the £5K limit so long as it doesn't exceed the £10K limit.
Hope this helps.
Mucho thanks Warpig, just got home to find the invoice in my inbox!
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Cheers, I am after some krugerrands. This has always been the case about their stock.....
I'll speak to her tomorrow morning and see what she has in stock, I'll let you know.Thanks, I have an invoice number so I presume the price is fixed at the time of order and they will honour my order subject to stock.
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out of interest what did you order? bullion/coins and type if you don't mind me asking?
ordered some of the 1000 schilling coins I was banging on about yesterday. Usually, if they're on the site, they are in stock and an email invoice is delivered within minutes.
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I have just used Cgnao's tip as an excuse to get out of BV, I don't trust any of the countries where you can store your bullion. It seems a little insane to be partly sitting out of the market at the moment, but I will be watching the spot price like a hawk. I will be buying back in to add to my physical ASAP - post smackdown, I have faith in the man.
lets all hope the cupboards not bare by then.....placed an order with CID today and instead of my usual instant invoice I got this......
Dear Mr ****
Thank you for your order *****. We will review our stocks and contact you as soon as possible. Please note that this order is only confirmed once you have received the link to your invoice via email.
CoinInvestDirect Team
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I think Ker reckons silver will get a BIG slap today and cgnao reckons gold will dip to £500ish soon before going up higher.
I need to know dates and times to the exact minute please!
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Ker is predicting a smack down today.
Not CG??
http://www.greenenergyinvestors.com/index....ost&p=79011
maybe he didn't mean today?
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On the main gold coin listing page:
http://coininvestdirect.com/main.php?a=10&id=1
you see that it says gold content. So that's how many grammes of gold in the coin - 12.15. The coin-specific page should be more precise about that.
But about lower denomination (smaller) coins I feel somewhat the same. This might seem to be a good deal but check the buy-sell spread. I haven't done the calculation but per ounce the spread looks a good deal wider than for popular and cheaper one ounce coins. If this applies still at the time you sell, the seeming gain may not be one. Might be an idea to compare the buy-sell spread with other smaller coins.
Sorry, I got the calculation wrong. A right twite not being careful about the currency.
Grateful for the response(s)
Only thing left to decide is buy now or wait for CG's predicted smackdown ............
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You just beat me. I realized that I was looking at the dollar price!
(31.103477/12.15) x £224.78 = £575.42712
So yes, cheaper than the standard one ounce coins.
Of those the one ounce philharmoniker is the cheapest on the list at £585.94.
Phils might be easier to sell though. Notice that the buy-sell spread per ounce is a good deal higher for the Babenberger. But if it's just metal you want...
I was thinking along the lines of lower denomination than the 1oz' ers I've got already and yes it's the metal content that matters, I'm no collector!
Only thing I'm slightly not sure about on these is where it quotes 900/1000 which I presume is fineness, yet they say gold content is same as weight (12.15g) Does this sound right or is there some alloy in there making up the 12.15g ??
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You just beat me. I realized that I was looking at the dollar price!
So wadda you think? Any detrementals in going for something like this as opposed to more common coins? I like the look of these, especially at that price!
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I make it £885.21 per ounce.
(31.103477/12.15) x £345.79 = £885.20751
One troy ounce is 31.103477g.
Nice looking coin though. Does it commemorate some anniversary?
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Just had a thought about remembering 31.103477.
I remember that it's 31 something. But the decimals go like .1234 except change 2 to 0. And then round the 4 up to 5.
31.1035 as a close approximation.
Where are you getting £345.79 from? The price I'm seeing is £224.81 (it should be 1000 schilling coin)
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I'm thinking of buying some of these as an alternative to the other 1oz coins in my posession
http://coininvestdirect.com/main.php?a=11&id=19
it says gold content 12.15g, so works out £574 / oz at todays price, a fair bit less than the main 1oz coins.
Opinions ?
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http://www.hattongardenmetals.com/coin.aspx
Krugerrand: buy £486.19 sell £546.95
I've not used them (not bought coins for a while) but they always seem to be the cheapest.
Their gold rates are totally out of date, no wonder they look cheap!
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Or just be patient, wait for the new gold standard, and collect 35 x $15,000 in the new revaluation!!!
That got me thinking....what's to stop the powers that be introducing a tax on doing such a thing at, say 90%, one step away from confiscation ?
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Anyone buying physical at the mo (and at these premiums)?
I'm 20% in (mainly gold and some silver) and want to increase my stake
my last purchase in July bought me nuggets and Eagles @ £460 each.......now selling for circa £560
Sovs and bars work out a bit cheaper per oz (CID)
keep powder dry or buy now? who's doing the best deals? (I won't buy off ebay!)
edit : 1000g bar on CID works out at £504/oz, 2% over spot..............
I'll speak to her tomorrow morning and see what she has in stock, I'll let you know.
GOLD
in Gold, FX, Stocks / Diaries & Blogs
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I'm thinking of selling some krugs on ebay and buying Brits with the proceeds - anyone know what the selling costs / commission are for gold coins on ebay ?