Im also not sure theyve figure out the transfer process from one brokerage to another. The stocks would transfer fine, sure, but its just gonna look like a pile of stocks to the receiving broker. Direct indexing is really a method to keep you from being able to churn out to another broker, or at lea...

Mark Leavy wrote: ↑Sun Jan 01, 2023 10:30 pm Or, you could only do business with trustworthy people.

Trustworthy people are trustworthy until they are not.

Ive got a Sigma on order.

SilentMajority wrote: ↑Fri Jan 06, 2023 11:32 am Ok they mention the sunshine mint in D's article and they're calling them "planchets". I've heard that term a lot, fancy.

Im going with "overpriced metallic circles", AKA OPMC.

If you're bored out of your skull, this is the discussion I heard about it recently.

https://youtu.be/9nsVdDC0OIM

dualstow wrote: ↑Fri Jan 06, 2023 10:49 am Not sure if this one has been posted yet
https://coinweek.com/us-mint-news/under ... -u-s-mint/

Thanks for that, it lines up with what I heard. Glad I wasn't making stuff up for once!

Ok thanks for finding that. This really shows that the premiums on other coins is EXTREMELY low. These other mints must be operating at a loss if their new coins get to retailers and get sold to the public at $3 - $4 over spot and free shipping and all that. When the Gold to Silver ratio gets high ...

At first I thought I had hit another dead-end. Could not even connect to the router from this computer. Then I FINALLY realized that this computer had to be disconnected from my main router and connected to that router. After that the rest of the setup went smoothly. I even quickly found my long wi...

I'm not sure it's illegal for the mint to make a profit on bullion. It is according to the law. Public Law 99-61 is the law that effectively started the American Eagle program, by amending a previous law. Its been amended several times over the years, but the part about the selling price of the coi...

Maddy wrote: ↑Thu Jan 05, 2023 2:58 pm

welderwannabe wrote: ↑Tue Jan 03, 2023 11:58 am The pure-play is their Treasury Only MM. . .

That would be FDLXX?

Yes, thats the one.

A repo is basically a short term collateralized loan. I like to think of it as going to a pawn shop, except you pawn a US Treasury instead of Grandpa's old guitar. If I wanted to borrow $10,000 I could sell you a $10,000 Treasury for $9000 and promise to buy it back from you the next day for $9010. ...

Ok, I found the link. You can look up Silver Eagle production at the US Mint's site here https://www.usmint.gov/about/production-sales-figures/bullion-sales . However here is the short story 2020 30 Million Silver Eagles Made 2021 28 Million Silver Eagles Made 2022 16 Million Silver Eagles Made Whil...

The premium the US mint charges the authorized dealers is outrageous. I think it's $8 or more right now and min buy is 10,000. The criteria to become an authorized dealer is also very steep. Just a couple years ago the premium to authorized dealers was close to $2 and still considered high. Obv inf...

Not to be a downer, but the premiums on physical silver make it a non-starter for me as an investment. I wish you success if you decide to pull the trigger, however. You're right on the premiums. Silver Eagles were close to 100% premium a couple months back. They are still obscene, which is why I w...

I'll also add that its very frustrating that these money market houses, like vanguard, basically have 3 funds that do the same things. Their cash reserves and federal MM do a ton of repos, and so does their Treasury MM now apparently. Why even have the 3 funds if they are mostly the same? They shoul...

My silver maple leafs came in. What beautiful coins. I think they look almost as good as eagle Proofs.

Yes, I like Fidelity's treasury-only MM better. No Repos.

Obviously buying short term treasurys directly pays the best though, but not quite as flexible (at least for me).

I've personally only heard of one instance when the Original missed a fake that the PRO picked up, but I don't get around that circle much. I deal with just two trusted outfits, one just a short 30 minute hop away from whom I buy from (Tavex) in person (and use their test kit), the other (Chards) a...

Testers such as Sigma Metalytics Precious Metal Verifier PMV PRO are pricey, around $2K, but for regular buyers provide a quick and easy test https://i.postimg.cc/wxZ651w9/sm.png Less expensive ($1K) alternatives are around, but may not penetrate right through and could miss a tungsten core. Seajay...

I wanted to hear some context from Harry himself so I listened to this show 05-04-24 - The effects of interest-rate changes on the economy https://youtu.be/R34Bct2OKFM?t=2224 It seems to me that the context is a world where the 30 year treasury bond is the longest dated bond. As welderwannabe menti...

Let's say we have a 30 year bond in one country that yields 5%. And we have another 30 year bond in a different country that yields 1%. The latter bond is MUCH more volatile, despite the fact that the term for both is the same. So since the volatility of the long bond is itself very volatile, does ...

Kbg said it far better than I did with my single sentence reply. I'd consider putting it in a non roth tax deferred account (like a traditional 401k), since youll be subject to regular income taxes on withdrawal anyways. Gold is taxed at up to 28%, so this could be close to your tax rate when you re...

Personally I wouldn't want to hold gold in a Roth. You'd be better off keeping stocks there, hold gold in a traditional tax advantaged account if you can.

Keypass is stored locally, about as secure as it gets.

Lastpass got hacked, but they store in the cloud.

Great post and was the kick in the a$$ I needed to buy some fractional coins, and also helped validate my recent silver purchase!

At mint tube quantities the spread on 1/10oz gold Eagles is actually less than that of maple leads right now. APMEX appears to be doing a presale for the 2023 Eagles. Even in single units the eagle is only a couple bucks more. Seems like the insane gold eagle premium, as compared to other coins, is ...