Member Info for ASME-IX

1 kg silver bars now sold out.....obviously I don't know how many were sold, but the product was available as 'ilimited stock' for less than one hour. How much longer will the silver Britannias last?

My current portfolio is about 10% physical metals / 85% CEY / 5% POLY.
Physical holding has grown gradually over the past 20 years, and will be sold (gradually) into the second hand market throughout my retirement in order to supplement my dividend income. Each asset class has it's advantages and disadvantages and it generally pays to consider both.
The value of my physical metal hoard has held it's value since August 2020 a damn site better than centamin shares have!

I agree that bullion vault is cheaper to buy from - however, it is also cheaper to sell back to! If you hold physical, then you can dictate your own premium when you sell into the second hand market - just take a look at ebay sold prices if you need any proof

limited stock of 1 kg cast silver bars just become available for £735 plus vat - doubt they will last long....

I ordered 5 X 25 1 oz silver britannia tubes & 10 2020 gold sovereigns - both orders have been confirmed.
But the royal mint is running low on available product lines and stock within these lines is also evidently low (no monster boxes of britannias - but tubes & singles still available). If you want a bit of physical metal without an outrageous premium, don't hang around too long!
Bullion by post has now run out of silver britannias, and when I last looked they were charging £48 inc vat - that is approx 100% premium over spot. The paper prices are as detached from the reality of physical, as the stock market is to the wider economy.......how long can this last?

Thank you for posting the links Mr. T - I keenly follow all of the sensible, credible commentators on the pm scene, and would recommend others to do so.
This morning, I decided to top up my pm hoard (which I started back in 1999) rather than buy more CEY - a difficult choice at current so! So, whilst stock was still available, I bit the bullet and bought 125 1 Oz silver britannias & 10 sovereigns (2020). I doubt that current Ag prices will persist for long.

.....standard have a generous dividend that they most likely wish to maintain..

It's not just CEY, FRES & POLY also look unimpressive today. I try not to pay too much attention to daily moves...I tend to try and focus on the bigger picture of FIAT currencies being printed into oblivion....

it seems that a fair number of people have been buying up physical silver - royal mint available silver bullion products fairly limited as of today - silver ingots, only 100 oz available & 1 oz britannias (singles, tubes & monster boxes) sold out.

https://www.engineeringnews.co.za/article/capital-makes-strides-in-getting-all-equipment-on-sukari-site-for-mining-start-2021-01-08

No, Mr. Autonomy1, evidently I have not!
Obviously it should have been £0.30 / 30p.
I normally blame such errors on my sausage-like fingers fumbling accross my undersized mobile screen, but today, that would just be telling porkies...

sent via smutty postcard / second class stamp from Bognor Regis

Hi,
I'm new around here, and most definitely not looking to offend anyone....
But, xtw2, if you honestly believe that gold is going to fall gradually over 2021 & 2022, then I most respectfully suggest that you do not understand gold very well at all, and you would likely benefit from doing a little research.....
As for your bull market in equities 'setting in'......It may well have escaped your notice, but this bull market in general equities of which you speak is already so far underway that it will, imho, shortly reach it's zenith.
At my entry point of around £1.13, Centamin has the potential to double my investment in a relatively short timeframe, and with a bit of patience will likely be a 'multi-bagger' - not many firms are debt free with £340M (or approx £0.03 per share) at hand, especially after suffering a period of what can only be termed as questionable management. Opportunities for improvements wrt to costs & processes are many and varied, to say nothing of the possibilities that new concessions will present in the fullness of time...
But, at the end of the day, it's your money & you must invest where you are most comfortable - I for one, wish you all the success in the world.

.... don't forget - CEY shares profit with the Egyptian government...

Thank you Sir!
It appears that 82 blocks have been awarded between the 11 successful bidders, so hopefully CEY will have secured most of the blocks they were bidding for.

Gold now trading just above significant support of $1850
This level has held on numerous occasions since the July / August breakout
Whilst I am not really a believer technical analysis, many will see this as significant
Will the price recover, or will we see further deterioration?

At first glance, it would appear that CEY is seriously undervalued by comparison, but....
I imagine that the forward looking (2021) AISC for CEY of $1200 - $1275 has quite an impact on valuation, as must the profit sharing arrangement with the Egyptian state.
However, I am just a layman with fairly limited knowledge of the mining industry....so there is probably much that I am not seeing.....

Good morning all,
Having been 'lurking' for a while, I decided to register on LSE due to the highly informative / professional nature of the majority of CEY posts.
I exited Centamin with quite respectable gains back in August, but returned last week because the sp was approaching the 'buy-one-get-one-free' level compared to my exit price.
IMHO, the company has a very bright future - however, it may well take the market a little while to share my belief, as the trees of management change do not flower, let alone bear fruit immediately - hence my 'hold' rating.
I am not convinced that the new licence(s) will make much immediate difference to the sp - but, longer term, it is obviously an extremely positive development.
Here is hoping for a positive week!