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  1. Phil_Stacker

    Cyber Monday Sales this year?

    Huh... I had never heard of it. Thank you.
  2. Phil_Stacker

    Don't panic, LONG gold now!

    Gold is driven by consumer confidence and expectation. Consumer confidence is up given Trump, which drives prices down. Expectation is 100% for a rates rise (in econometrics nothing is 100% so this should ring the same alarm bells the polls stating 98.8% chance of Hillary being president). If...
  3. Phil_Stacker

    Cyber Monday Sales this year?

    Sorry - what's cyber Monday?
  4. Phil_Stacker

    London Is Selling

    I read that as "consumer confidence". Irrespective of confidence placed in Trump... with ?? 19 trillion ?? or whatever the US debt is - any concept of "lower taxes higher spending" is not confidence, it is insanity.
  5. Phil_Stacker

    Don't panic, LONG gold now!

    I know - I'm out of money. I hope some comes my way before the prices go back up.
  6. Phil_Stacker

    Pictures - Choice Mint 2016 3 oz silver Valkyrie Max High Relief

    Nope - coins side by side are like low premium vs collector's piece. The detail, case and sheer art work of these are just incredible.
  7. Phil_Stacker

    London Is Selling

    Also is fed rise predicted to be 100% chance of a rise. I think silver will bottom out at 19-20 but recover next year to 30. A rate rise and US / UK spending big while in debt can only end one way. In the short term I think the value will stabalise at 20-25.
  8. Phil_Stacker

    London Is Selling

    They released some brexit economic plans and the market instantly sold pms. It's like they are cashing in their chips while they can.
  9. Phil_Stacker

    London Is Selling

    I've been noticing the Hong Kong and Sydney market being the "up" side of the curve, just in the last week. It seems that London, especially when overlapping with NY COMEX is selling.
  10. Phil_Stacker

    London Is Selling

    Is it just me, or does it look like the PMs seem to be decreasing during London exchange hours, and that the rest of the world is stable. It seems like London selling of PM is why drops in gold and silver price have been seen. I'm just going off the timing of sales drops and recoveries.
  11. Phil_Stacker

    Potential gold import ban from india

    If thy did this (and I think they will), there will be riots on the streets. People are okay using smaller notes, but Indians have gold at the core of their society. They will not go silently into that non-shiny night.
  12. Phil_Stacker

    Got a fake bar

    It looks like a lot of money (it IS a lot of money), but it's 10 to 20 times less than XRF machine and so portable and light that it can fit in any bag or backpack.
  13. Phil_Stacker

    Got a fake bar

    Wow that's exactly the deviceI have already posted. I recently purchased 200 x 1 oz bars and tested every last one of them. I test ever coin (even 1/4 oz gold) and in one coin shop I detected a fake. It turns out the coin shop knew it was a fake, but I couldn't tell the difference. I've been...
  14. Phil_Stacker

    Fake coins.

    Yeah but if the value went up you would expect it.
  15. Phil_Stacker

    -2% Interest Rates?

    Wow. What you stated is not the case in Australia. I headed a not for profit and we were a standard incorporated entity with no government backing. Glad I love in the lucky country. It's a little known fact that they drafted Australia's constitution on USA's and learnt from the mistakes...
  16. Phil_Stacker

    -2% Interest Rates?

    Google speaks the truth and the truth is about 2.6% for Switzerland that has -0.75% central bank rate.
  17. Phil_Stacker

    Rare, Collectable and Old Fashion Silver Bar. II

    Yeah, my local bullion dealer had a bunch of second hand 1kg because they were cast and not minted, people thought they were "trading up" because it looked like the movies.
  18. Phil_Stacker

    -2% Interest Rates?

    Which is exactly the point the banks are making, as the reserve bank's rate drops the ratio of their weighted cost of capital widens compared to the reserve bank funding rate. This makes it impossible for banks to match reductions in reserve bank interest rates - they are simply not as closely...
  19. Phil_Stacker

    -2% Interest Rates?

    Not for profit MUST make profit, they are not FOR profit. That is - they must earn profit to keep the organisation going, but they cannot return excess money to anyone (such as share holders). If an organisation doesn't make profit, it goes out of business (long-term). If the organisation is...
  20. Phil_Stacker

    Pictures - Choice Mint 2016 3 oz silver Valkyrie Max High Relief

    Look - it's beyond reasonable doubt that a user was listing a specific web page repeatedly, and that's all they were doing. They were called out on it and now they are offering other posts. Nobody (as far as I am aware) found that "specific" web page interesting in any way, and it was at best...
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