Esta entrada le pertenece a un amigo, que se ha tomado la molestia de grabar el siguiente vídeo. Gracias
Poco que añadir, salvo las páginas del Krause a las que hace referencia Mr. X 😉
Los precios de catálogo no están actualizados, aunque si lo estuvieran siempre es mejor acudir al mercado de abastos metalero para su comprobación y compra/venta. Por ejemplo https://www.lavetadeoro.com/ aunque no sólo
Hace 50 años estas monedas de oro tenían un mayor sobrespot / estaban más valoradas
«Right now the global bank and regulatory community has much bigger, more important fish to fry than the little old stupid silver market. Ultimately leaders do not care about price, they care about speed of rise and headline risk that conveys they are losing control of financial markets. Therefore true price will be the last thing to reflect value as it will not happen overnight, and shorts will use all their considerable power to slow it. Let them. Ultimately the smart banks will be long; just like you and the government. Structural problems can’t be spoofed away. The only thing that can stop this eventuality of repriced Silver is another great depression in our opinion.»
«This is about a plateau price for Silver in the $50s with launching pad prices higher over years. This is a revaluation from real necessary global demand, fractured supply chains, and a shortage of good collateral. It will merely start with a paper short squeeze. This is not AMC or BBBY squeeze that can be printed away. It is a much bigger manifestation of structural deficit. Meme stocks were a warm up of opportunists taking advantage of structural imbalances for short term gains. Silver is a real market. The world just doesn’t know it yet.»
Leyendo los comentarios del enlace anterior encuentro este otro enlace…
«Please take a deep breath and allow the following two sentences to land:
The market is in backwardation because those of us currently holding physical silver, who are being offered the “risk-free” immediate profits plus interest, do not believe for one second the paper promises to get our silver back in the future will be honored. Simply put, the diamond-handed physical longs are calling the bluff on the paper promises offered by the futures market.
For decades now, the futures market has dictated the spot price of metals. Those days are coming to an end. Just this past week, one of the country’s biggest bullion dealers (Apmex) started waving yet another Red flag by putting out a standing offer of Spot + $10 on all the Silver Eagles you want to sell them. That’s $30 an ounce for what the futures market is telling you should cost $20. A 50% premium!! Ask yourself, which price of silver is more accurate: the price the futures market tells you it is, or the price offered by the guy with an open checkbook?»
«Bagholder’s years of experience in the silver market lead him to believe the 50% premium on offer will not be anywhere near sufficient to bring enough supply into the market to meet current demand. TPTB are just chumming the waters with that offer. Bag would suggest the 50% premium to spot currently on offer (which was only 20% in March – link below) will soon be 100%, then 200%, and so on…. They could offer $200 an ounce, and it still won’t balance supply & demand.»
«who cares about the nickel market anyway? It’s small potatoes. Yes, that is true, except for the fact a precedent has now been set. Thanks to the default in the nickel market, there is a tried and true mechanism in place for the exchange to deal with the imminent default in the Gold & Silver Markets. Once again, it will be JP (and some other banks) who are on the short side of the trade, this time to the tune of 100’s of billions. They will need some bailing out from the exchange and likely the government as well. Bagholder is sure they will get it, and you paper longs, if you’re lucky…lol… just might get your dollar back.
With all this in mind, here is your nickel’s worth of free advice: If you hold paper gold or paper silver via the LME, CME, SLV, or GLD, these entities have shown you with the nickel market default, who they really are. You could not ask for a clearer illustration. Take heed. You have been warned – get out NOW, and turn it into physical metal. Otherwise, you better lube up, cause there is an industrial size reaming headed your way.»
Y puedo seguir enlazando y enlazando sobre las bondades de la plata física…peeeero (siempre hay un pero) voy a un comentario del siguiente y último enlace donde se pone en duda el punto de vista mayoritario de estepost scriptum
Como veis, la evolución en los precios en plata física es lenta pero segura…sobrespot creciente pero el cuándo del cierre del mercado papel es complicao…Habrá que seguir esperando…o no. Que cada cual saque sus propias conclusiones y haga lo que estime oportuno; yo lo tengo claro.
But history proves that an Empire’s wealth and power never last forever.
And even well before Charles II took the throne, Spanish rulers were already running everything into the ground.
One clear lesson from history is that empires tend to be extremely expensive… especially when you’re the dominant superpower, and all of your rivals are constantly waging war against you.
Spain was no exception. Their empire was extremely expensive to administer, and they were routinely engaged in costly wars.
The emperors were forced to borrow a lot of money to pay for these wars. And Spain’s debt became so vast that the government defaulted at least SEVEN TIMES between the mid 1500s and mid 1600s.
Desperate to make ends meet, the government also hiked taxes to exorbitant levels, including imposing a 14% sales tax. (Somewhere the governor of California is taking notes…)
The government also predictably began rapidly expanding the money supply and debasing its own currency… resulting in one of the worst long-term episodes of inflation in all of human history up to that point.
Spain’s Emperors also began interfering heavily in trade and commerce; they passed rules granting special monopolies to favored businesses, essentially killing off competition, and they inserted extreme government bureaucracy into some of the most important industries like shipping and mining.
It wasn’t long before economic and trade activity began to shrink as a result of these policies.
Between 1600 and 1700, in fact, Spanish shipping volume from the New World had declined by an astonishing 75%.
Part of this decline was because of emerging social trends.
In the early 1400s and early 1500s, the seas were teeming with Spanish explorers– Cortes, Pizarro, de Soto, Ponce de Leon, etc. These men were regarded as national heroes in Spain, and international trade was considered a highly respected industry.
By the mid 1600s, however, trade, commerce, and production had all fallen out of favor. Traders and industrialists were viewed with suspicion instead of esteem.
The economies in cities like Valencia, which had once been famous for its factories and high quality products, quickly decayed. And suddenly Spain found itself importing most of its goods and services from its chief rivals– France, England, and the Netherlands.
Meanwhile the Spanish Inquisition was busy killing off thousands of intellectuals… and condemning tens of thousands more to life imprisonment.
Their crime? Expressing independent thought that differed from the official narrative.
Spain’s message to the world was clear: freedom of thought had no place in the Empire. So anyone capable of innovation stayed as far away as possible.
And as a final point, Spain had suffered a series of embarrassing military defeats from the late 1500s through the mid 1600s, including the Spanish Armada’s humiliating loss to the English in 1588.
Suddenly the rest of Europe realized that Spain was not invincible. The Empire was bankrupt, economically weak, socially decayed. And its military had been embarrassed.
Remember– this was already the situation BEFORE 1665.
And that’s when Charles II took the throne.
In other words, a weak, mentally incompetent fool was put in charge of an Empire that was already in serious decline… and whose chief rivals were rising rapidly.
You don’t need a PhD in European History to figure out how that movie ended: the situation became much worse under Charles II.
And within a few decades, Spain would go on to lose a major war against its rivals that struck the final blow to its dominance.
That’s when the torch was passed, and France became the dominant superpower. Eventually the UK surpassed France, then the United States surpassed the UK.
This cycle has been taking place for more than 5,000 years. Empires rise and fall. Economies rise and fall. And no nation holds the top spot forever.
It’s not hard to understand why.
When an economy is on the rise, people are hungry. They work hard. They save money. They’re focused on the future.
Governments run lean budgets and spend responsibly. They maintain a sound currency.
Once an economy has reached its peak, however, priorities change. Hard work and saving are no longer prized social values. People become more focused on consuming in the present, rather than investing in the future.
Debt levels skyrocket. Government spending balloons. Regulations soar. Prices rise.
Little by little, a nation chips away at the very values and institutions that made them powerful to begin with.
If fiscal responsibility has made the nation wealthy, they begin printing record sums of money, engineering inflation, and taking on mountains of debt.
If capitalism has made the economy prosperous, they cheer socialism.
If personal freedom and self-reliance have created a strong society, they embrace totalitarianism, intolerance, and censorship.
Not to mention, there always seems to be some rival, rising power lurking, ready to take advantage of the situation… and some weak leadership like Charles II who hits the gas pedal on the way towards the precipice.
This story is as old as human civilization. And while the exact circumstances today are different, the themes are very similar.
¡Estos yankees! ¡Haz lo que yo digo pero no lo que yo hago! Dicho, faltaría más, con todo el cariño que siento por Ben Franklin, Carlie «Bird» Parker y Tim Berners-Lee, entre otros, jeje (Tim es british, sorry)
El Sr. Mike Dunigan señalo en su conferencia “The Great Coin Transition 1732 -1734” (La Gran Transición de la Moneda 1732 – 1734), impartida en octubre del 2019 indica que para 1732 no hubo suficiente capacidad de las prensas para acuñar la demanda de moneda, por lo que las macuquinas continuaron acuñándose a golpe de martillo, a la vez que las Columnarias en prensa, la anterior complicación solo se presentó en las acuñaciones argentíferas, el oro continuó acuñándose de forma redonda, con cordoncillo.
En 1733 la producción de macuquinas se trasladó a prensas, (dejando de ser manual), pero en cospeles aún irregulares, esta vez cuadrados o rectangulares, cortados a tijera, los cuños fueron rediseñados, reduciendo el relieve para troquelar sobre cospeles no redondos, los denominados “klippes” continuaron su producción ese año y hasta el primer trimestre de 1734 y solo en valores de 4 y 8 reales. La transición total a la nueva moneda no se alcanzaría hasta ese último año.
Hasta el 23 de diciembre de 1732 la casa de moneda estuvo en condiciones para poner en circulación la nueva moneda, lo cual fue anunciado ese mismo día por el pregonero de la Ciudad de México.
Adicionalmente, el nombre formal de los klippes es “las cortadas”, fueron las primeras monedas de diseño mexicano, siendo provisionales, de transición, no ordenadas por España. Fueron usados cuños circulares pero cospeles irregulares, de forma rectangular u octagonal, haciéndose en prensas de a volante. Los únicos ensayadores de estas monedas fueron Manuel de León y Francisco Antonio de la Peña y Flores (M y F). Hay klippes perfectamente redondos, pueden llegar a confundirse con los galanos, sin embargo el canto marcará la diferencia.
Porque no sólo de moneditas vive el coleccionista. Primero, el libro y, a ser posible, el mentor o quien nos acompañe en esta aventura. Son ya míticas las subastas de Kolbe & Fanning https://www.numislit.com/