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The RFD Gold & Silver Coins/Bullion/Precious metals thread

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  • Mar 24th, 2017 8:24 pm
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Jr. Member
Dec 30, 1969
154 posts
20 upvotes
Westmount, QC
RolandCouch wrote:
Mar 15th, 2017 3:22 pm
yup...lots of ppl seems were expecting Gold to go down further with the hike, but perhaps it was already priced in?
I was a little slow in my clicks on SGB web site. After the fed rate hike. Spot went 1600 at sgb, 1620 Tbp and 1640 at Tgb. Now all at 1620 !
for sale : koala 2011 & monkey 2016 (39 CAD each) + shipping
kookaburra 2013, 2014 & koala 2012 (37 CAD each) + shipping
Many other bullion coins (pandas,kooks, lunars,....) and bars contact if you want the link
Newbie
Jan 9, 2013
90 posts
7 upvotes
Silvercoin wrote:
Mar 15th, 2017 3:31 pm
I was a little slow in my clicks on SGB web site. After the fed rate hike. Spot went 1600 at sgb, 1620 Tbp and 1640 at Tgb. Now all at 1620 !
that is so funny! Last time there was a rate hike silver dropped over $1. This time its up
Newbie
Feb 8, 2017
28 posts
3 upvotes
It looks like its still going up.

Couple more States submits Bills to go back to Silver and Gold currency.

But I wouldn't be surprised to see a sharp decline soon and manipulation comes into play again.
Newbie
User avatar
Mar 10, 2017
28 posts
5 upvotes
GTA
Just a blip in the grand scheme of things, but as a newbie, it's nice to get a few sizable orders in ahead of this jump! Smiling Face With Open Mouth
Deal Addict
User avatar
Dec 14, 2008
1739 posts
315 upvotes
Whitby
diehard2k9 wrote:
Mar 15th, 2017 3:37 pm
that is so funny! Last time there was a rate hike silver dropped over $1. This time its up
Actually, in the weeks following the last two rate hikes, PMs went on a tear.

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Jr. Member
Oct 16, 2015
152 posts
24 upvotes
North York, ON
Silvercoin wrote:
Mar 15th, 2017 12:16 pm
What will you buy if you want to buy 1 oz gold :

- 1 oz gold bar RCM 1655 CAD (when you sell to dealers they will give spot, best option ?)
- 1 oz gold kangarro 2017 1672 CAD (when you want to sell no much lovers, so it will go for spot to a dealer ?)
- 1 oz gold griffin or dragon of wales 1694 CAD (to continue the collection as I have already the lion, but it will cost 20k for the 12 animals, better to stay with 1/4 oz for the collection about 6 k)
- 1 oz gold lion 1710 CAD the most expensive (add more lions and speculate that the first coin will increase like the wolf. But when it comes to selling if its not ebay where to find this collector that will pay the extra premium and how much time it will take ? And its too sad to go to a dealer for spot ?)

Thanks for you answears !
For sure the lion. First coin in the series. Nicest coin of series. Almost no dealer has it. Everybody wants it.
Newbie
Jan 9, 2013
90 posts
7 upvotes
kryton619 wrote:
Mar 15th, 2017 7:06 pm
Actually, in the weeks following the last two rate hikes, PMs went on a tear.

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Yes i know that I wanted to buy but had no money then. I saw an over $1 drop but you are right that it rebounded great. I was hoping for a drop like that again cause I was close to buying.
I wont be buying this weekend like i wanted. IT SUX I'M Going to miss all the moves!
Jr. Member
Oct 16, 2015
152 posts
24 upvotes
North York, ON
After you do your first order with the Bullion People, they do same day shipping. I think Lostwords was saying he ordered a 1 oz gold bar and received it the very next day, like less than 24 hours.
Jr. Member
Oct 16, 2015
152 posts
24 upvotes
North York, ON
diehard2k9 wrote:
Mar 15th, 2017 8:08 pm
Yes i know that I wanted to buy but had no money then. I saw an over $1 drop but you are right that it rebounded great. I was hoping for a drop like that again cause I was close to buying.
I wont be buying this weekend like i wanted. IT SUX I'M Going to miss all the moves!
When I saw metals go down, I thought for sure the Fed declared no interest rate hike. Kryton can you please let us know why metals went up and USD down after the fed decision? We all think it is backwards.
Jr. Member
Oct 16, 2015
152 posts
24 upvotes
North York, ON
Silvercoin wrote:
Mar 15th, 2017 3:31 pm
I was a little slow in my clicks on SGB web site. After the fed rate hike. Spot went 1600 at sgb, 1620 Tbp and 1640 at Tgb. Now all at 1620 !
Thats so funny. According to a 24 hour gold CAD chart, silver low was 1612 and high 1625 today.
Deal Addict
User avatar
Oct 21, 2013
1437 posts
277 upvotes
Dutchycup wrote:
Mar 15th, 2017 7:59 pm
For sure the lion. First coin in the series. Nicest coin of series. Almost no dealer has it. Everybody wants it.
I know you're talking about gold lion but this is a fairly attractive price on tube of silver lion. Shipping to Canada is 39USD

https://www.moderncoinmart.com/2016-gre ... 41713.html

Equates to about 66.60 CAD per coin shipped (CC price)
Deal Addict
User avatar
Dec 14, 2008
1739 posts
315 upvotes
Whitby
Dutchycup wrote:
Mar 15th, 2017 8:12 pm
When I saw metals go down, I thought for sure the Fed declared no interest rate hike. Kryton can you please let us know why metals went up and USD down after the fed decision? We all think it is backwards.
If the bullion banks are not stepping on gold, the price of gold follows the USD/JPY almost perfectly. The algos are programmed to sell gold when the Japanese Yen strengthens and buy gold when the USD strengthens against the Yen. After today's announcement the Yen dropped vs the dollar. You can see it here https://www.investing.com/currencies/usd-jpy That automatically kicked the computers into buy mode and gold rises. I first mentioned this here on the forum a few years back and nothing has changed. You can lay a gold chart over top of a USD/JPY chart and they match up.

We can no longer look at markets the way we learned in school.....they are now all manipulated.
Newbie
User avatar
Mar 10, 2017
28 posts
5 upvotes
GTA
Dutchycup wrote:
Mar 15th, 2017 8:09 pm
After you do your first order with the Bullion People, they do same day shipping. I think Lostwords was saying he ordered a 1 oz gold bar and received it the very next day, like less than 24 hours.
Cool. Just got my shipping notice from Bullion People. Now I'm an established customer! LOL
Deal Expert
Feb 11, 2009
15474 posts
1626 upvotes
Toronto
Just in case you guys were wondering what happened today...the reason PM's went up, and USD went down is there is a gloomier outlook on the economy along with the hike, and its decreased expectations by 1 less rate hike this year than previously expected. Basically investors were hoping for "more" than what was expected, but only "what was expected" came in.
Selling Grizzly Privy Maple Leafs - $33 ea - PM!
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