It seems to me that I have a handful of friends here on ATS who are also into precious metals, cryptocurrencies, and other "contrarian" methods of
financial investing, so I wanted to start an ongoing research group. We can call it #ATSCryptoMetal, or whatever folks think makes the most sense.
So I had this cool idea and wanted to present it, but of course am open to any other ideas of feedback and am hoping this can be an "ATS team project"
so to speak.
In this thread I will briefly explain a bit about my own research, some resources I use, trends I follow, etc. and then discuss a 400 ounce gold bar
(that I found online at Kitco), just for the fun of it.
I am not licensed in financial advising, and none of my threads or contributions should be misconstrued as financial advice (although I am licensed in
license in one sector of the financial industry, insurance).
I stay on top of the markets as best as I can and have been researching precious metals, the fiat & debt-based currency system, central bank market
manipulation, and a history of the capital markets for 15 years. I've been collecting numismatic and historical coins for about 25 years, but became
more interested in precious metals (and even precious stones/gems) a bit later.
I check commodities trading prices, the US dollar index, and 10 year US treasury yield rate multiple times a day (remembering to pay attention to the
yield curve, with concern for a flattening yield curve, which can have consequences). I keep up with geopolitical events around the world throughout
the day ( Paying attention to sanctions, conflicts, major trade deals, pipelines, consortiums and mergers).
Keep in mind that precious metals spot prices are pretty volatile, and small changes in the US dollar index or yield curve don't mean much, by
watching trends and understanding how the markets react to certain events you begin to get a clearer picture of when certain assets or markets will
rise or fall.
I keep up with what the Federal Reserve and Treasury are doing (the actions of each, and the circular relationship of the two organizations, Fed's
interest rates, monetary policy - quantitative easing or tightening, etc.).
The other important facet of the research I think comes down to constantly studying history, the rise and fall of empires, warfare, banking, and so-on
to understand the implications of governmental change, global dynamics, banking and corporate influence, I think you get the point.. if you study
the last several thousand years of recorded history (particularly economics and clashing of governments) to better understand nuances of current
events and potential reactions they could have on the markets (and I guess the world as a whole really).
A few related threads I've shared:
Diving Head First into the 2008 Financial Crisis: An In-Depth Analysis of What
(that's a long one)
How to Leverage Precious Metals Positions to Make Money?
US 10 Cent Bill from 1863, "Fractional Currency" issued by Columbian Bank Note Co
Steemit: The Posting Platform that Pays in Cryptos
US Stock Market Takes a Beating Today - DOW Down 350... FamCore's Analysis of the Larger
Minting Your Own Coins - Precious Metals, Base Metals... FamCore Needs Your Help!
Bitcoin: A Currency? Or a Speculative Security? Hmmm...
The Economics of [Precious Metals] Asteroid Mining
"Bitcoin Outlawed in India" & other Geopolitical/Economic News for April 3
(I didn't include geopolitical threads, just precious metals/historic currency/crypto threads_
US Dollar Index (DTY)
US 10 Year Yield & Yield Curve -
Metals Spot Prices - Gold, Silver, Platinum, Palladium
Base Metals Commodities Index (spot prices)
Crude Oil Commodities price
Conclusion of this introductory #ATSCryptoMetal (tentative name)
I hope others would be willing to introduce themselves or participate. I'm hoping to utilize my knowledge, passion and skills in this field with
others to grow my knowledge, resources, connections, etc.
Fun last little tidbit about 400 ounce gold bars, and Peter Schiff and experts (or self-proclaimed experts) like him:
A 400 Ounce Bar
Look at how massive that thing is!!! Apparently, that photo is of a 400 ounce bar. I found one on Kitco for sale.
Peter Schiff and guys like him...
It also looks like the person in the photo is holding a "GoldMoney" bag - some of you may be familiar with Peter Schiff, a major gold
bug/economist/contributor who has a joint venture with GoldMoney - I have mixed feelings about Schiff but overall I think he's trying to do the
right thing by calling out the COMEX and FOREX market manipulation where 50 million ounces of silver ETFs are sold in a matter of 10 seconds and
silver gets hammered by these paper contracts with no physical to back them up... but I also think he is a doom & gloomer to some extent, because he
should know just as well as the rest of us that the powerbrokers and debt-based system is going to keep going around and around for decades to come.
It is quite common for central banks and high net worth investors to buy 400 oz gold bars as a great way to own physical gold bullion at a low premium
or price per ounce compared to the fluctuating gold spot price.
"We sell some of the world's most highly regarded 400 oz gold bullion bar hallmarks including the 400 oz Metalor gold bar, 400 oz Heraeus gold bar,
400 oz Royal Canadian Mint (RCM) gold bar, 400 oz PAMP gold bar, and other respected 400 oz gold ingot hallmarks. "
This made me think of the time I bought a 1/2 ounce Haraeus bar & felt like I was king sh*t, then Kitco tells me "it's common for high net worth
investors to buy 400 ounce gold bars" I had to laugh at myself...
Reality check! (that 1/2 bar I had was a great collector's piece though, it read "Republic National Bank of New York" on one side, and "Heraeus"
and the serial number on the back - it was from the 1970s)
Just thought I'd share this with my fellow precious metals lovers here. Do you know anyone with gold or platinum bars of this nature? Or even a 10
ounce gold bar? I can't imagine, I really can't but I bet I would want to take the day off from work just to hold one in my hands.
I look forward to hearing from you (if anyone shows up for the party that is.. lol)
Thank you to my ATS fam... your friend & fan, FamCore
edit on 19-9-2017 by FamCore because: (no reason given)
19-9-2017 by FamCore because: (no reason given)