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  1. goldpelican

    Today I Stockpiled...

    Plant chokos. No-one will ever steal them.
  2. goldpelican

    Today I Stockpiled...

    https://www.towergarden.com/ They're crazy expensive new - luckily lots of people buy them, find out that they don't want to put the time into them, and flog them off cheap on Facebook Marketplace - I paid only $100 for one of them. I don't know if they're available in Australia, but basically...
  3. goldpelican

    Today I Stockpiled...

    I've got three hydroponic tower gardens going - one is dedicated to tomatoes and has been producing about 2kg of cherry tomatoes a week for 10 weeks.
  4. goldpelican

    New email verification

    Send me a PM - which email are you sending to?
  5. goldpelican

    Perth Mint International Recognition?

    If you're looking for a Perth Mint product that is universally recognised, can't go wrong with 1oz Kangaroo coins. The silver Kangaroos are also gaining traction. If you're buying metal for a destination, research that destination's dealers to see what they're flogging.
  6. goldpelican

    Facebook's Libra in strife

    Libra would probably have been just fine if it didn't have Facebook's name attached to it. Facebook is politically toxic in the US on both sides of the aisle. The left think they enabled the right during 2016, and the right think they're politically biased against them.
  7. goldpelican

    Ptolemy III Egypt

    What's the significance of the central counterpunch? I see this on a lot of examples online.
  8. goldpelican

    Goldstackers melbourne

    Yes, Gold Stackers in Melbourne is still quite operational (why does that sound like Emperor Palpatine?) The website was being migrated over the weekend to a new hosting provider. Unfortunately a DNS issue resulted in some users being served the old disabled website, resulting in timeout...
  9. goldpelican

    Which crypto currency becomes the future payment system

    Libra is *much* bigger than just Facebook. The fact that VISA, Mastercard and PayPal are on board gives you some idea. Control has been handed off to the Libra Consortium. Of course Congress choked on their wheaties and are already calling for investigations into Facebook launching a currency...
  10. goldpelican

    Best option to Buy/Sell unallocated precious metals

    More people on this forum have lost gold and silver they "held" at home than through unallocated/allocated/pool products. There was a rash of bullion thefts several years ago on the east coast, a number of targeted home burglaries occurred, several safes cracked. A Melbourne safe deposit box...
  11. goldpelican

    Victorian budget introduces gold mining royalty

    Zero industry consultation before a royalty of 2.75% was announced in the budget. https://www.afr.com/business/mining/miners-blindsided-by-vic-gold-royalty-20190526-p51rcc
  12. goldpelican

    Why there's no purity engraved on the perth mint vintage gold bar?

    That's likely an old 996 purity bar if it's unmarked.
  13. goldpelican

    Tungsten Bars Found in the Gold Market and the LBMA

    I've stood in a room and watched gold kilo bars being chopped with a guillotine - that particular dealer said they cut *every* bar they buy back over a certain size. They've found tungsten inside kilo bars before. Only needs to be one in a thousand to make a loss. There's other detection...
  14. goldpelican

    Premium over spot

    Hedged dealers trade in premium, not spot. Almost all products have fixed dollar wholesale premiums - with limited exceptions (usually some types of gold) dealers pay the same flat rate over spot to a mint or manufacturer whether spot is $20 or $40. Products have different retail premium...
  15. goldpelican

    So Cryptopia has been hacked MILLIONS GONE

    I would be interested to find out "how" they were hacked - there's so many attack vectors. Compromised user accounts, software bugs, infrastructure security holes, rogue employees... Looks like only two coins were taken - ETH and one other alt coin which I cannot find the name of now. Had a...
  16. goldpelican

    Guide to buying silver in Australia (resurrected)

    Roos didn't exist when I wrote this guide in 2010 :) Generally if you're looking to hold simply for investing/hedging, look for the tightest spreads, and expect to sell back to a dealer for fastest liquidity. Depends on your planned investment size.
  17. goldpelican

    5 Shilling loss, or Bargain?

    My understanding was that The Rare Coin Company was offering guaranteed buyback prices good for 12 months, and that a flood of customers demanding they made good on the buyback guarantee pushed the business under. Not a bad business model - you could almost think of it as taking a $300,000...
  18. goldpelican

    40% of Robinhood revenue is selling your data

    Selling orders, not selling data. Big difference. Places like Citadal are effectively buying volume - my understanding is that they need the volume for their own high frequency trading strategies to work effectively. At individual retail investor volumes, the difference in price that might...
  19. goldpelican

    Good old Banksey at it again

    I think the shredding stopped half way through - probably a dead battery. My first thought was "well is the sale still valid?".
  20. goldpelican

    coins and bullion are prohibited by Australia Post

    Bullion dealers use commercial insurance brokers that sell insurance underwritten by firms like Lloyd’s, and “sendings” insurance is just a small part of the overall policy covering all sorts of risks for the business (fire, theft, holdup, liability etc). There’s no off the shelf “bullion...
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