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  1. H

    2020 Collapse

    I agree with you Johnny. As you know you make money (and then some) for sure when you get your timing right in the crypto game. To me, the concept to take note of is that there's a difference between speculating and investing and imo cryptos are best left for speculating, not for investing...
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    Chartered Accountant says "This is a flat out misrepresentation [by Perth Mint]"

    I have read in the past that it is a common practice in the industry to perform pm swaps musical chairs, ie come audit time pm's are swapped in, the swapped in pm's are rented for the duration of the audit, and after the audit they are immediately swapped out again. Poof and it's gone, just like...
  3. H

    2020 Collapse

    I've never understood why people talk about cryptos as money or currency or stores of value. It is literally a series of computer generated numbers. It has no intrinsic value whatsoever. Commodity money = an exchange medium in the form of some kind of tangible tradeable asset and store of...
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    Chartered Accountant says "This is a flat out misrepresentation [by Perth Mint]"

    Just imo, but it's a complex topic, requires a lot of research and analysis above and beyond the capabilities of the average bookkeeper and there probably aren't that many qualified people out there who will want to stick their necks out if there could be something to the analysis in the video...
  5. H

    ANY VIDEOS YOU WANT TO SHARE

    ^ With this lot (the political circus animals) it's always one rule for me, another rule for thee. And we haven't even touched upon the topic of whether or not their claims actually have any merit - scientific and otherwise - to them. Climate is a complex topic. Decades ago the rage in...
  6. H

    ANY VIDEOS YOU WANT TO SHARE

    Popye won't be pleased.
  7. H

    Reddit #silversqueeze redux

    I wasn't sure what the redditor who stated that meant but saving 10% seems way too low. I appreciate that not everybody is in a position where they can save much but the smart play is to bite the bullet when you are starting out in life, live well below your means and save everything you can get...
  8. H

    Investment

    Diamonds... essentially worthless, lol :D But having said that they are pretty awesome in industrial tools. I once had the privilege of watching an experienced safe cracker drill through a carbon steel plate with a diamond drill bit to open up a safe for which access had been lost. That day...
  9. H

    Investment

    I have no idea about how auctions work. The differences between numismatics, jewellery & bullion as heartastack mentioned is important to know about. The value of jewellery and numismatics can be rather arbitrary, it's very much going to be in the eye of the beholder. Jewellery & numismatics...
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    Reddit #silversqueeze redux

    The problem with saving (and by all means, one should save) is that the powers-that-be deliberately devalue those savings through inflation. For the last 14 years or so, in the West, they basically sabotaged bank interest rates so those savings are just gradually devaluating. One can save and...
  11. H

    Hello from London

    Thank you Revils, imo people who know about pm's are likely to know a lot about a lot of things. :)
  12. H

    Do members engage in pm trading on this forum?

    Thanks a lot Revils, that does explain things. I am looking to sell some Philharmonikers & Maples but it probably wouldn't make much sense to send these abroad from here.
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    Do members engage in pm trading on this forum?

    I realise that this is a seemingly daft question, but having looked at the UK trading section it does look pretty quiet at silverstackers. Do people typically buy and sell pm's via vendors or is the UK trading section just particularly inactive?
  14. H

    Since when? Perth Mint 1oz Silver Bullion Purchase Limit

    I could be mistaken but am under the impression that the private trade in both gold & silver (physical) is miniscule compared to the paper trade and of course the stock held by banks, governments and entities not often mentioned in the media. They're happy for the public to dabble in some PM...
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    Hello from London

    Hello All I have been stacking for some years and was happy to find this forum to learn from and to hopefully complete some trade. As my nick says, if you don't hold it you don't own it, although many investors seem to think otherwise. Thank you to the owners for creating this forum.
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