2019 Royal Arms silver coin

in #steemsilvergold5 years ago (edited)

Hi Steemit

This is the 2019 Great Britain 1oz Silver Royal Arms from the Royal Mint. There is also a gold version with the same design.

20200225_105753.jpg

The other side of the coin, the Queen and 2 pounds legal tender

20200225_105727.jpg

A closer look at the Royal Arms coin

20200225_105620_1.gif

I am very curious about the market this week as there are wild moves lately

The price of precious metals follow the stock market down. Very strange as it should be safe haven during down time in other markets. I am thinking some people are forced to sell to cover their losses in other markets.

What do you think cause the precious metals price to go down last week?

Thank you for viewing

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People taking profits to cover their losses in stocks! Gold ETF!?

thank you kaminchan, yes i think so, but it is up today after the rate cuts, there might be 1 more cut later this month, so looking good for precious metals

Today gold is hiking!

This is a beautifully designed coin. I like the Coat of Arms... lovely! Stack on @djohn!
Have a wonderful week, take care 🥰🌺🤙

thank you silversaver888, prices are rising again after rate cut, exciting time to be stacking

$trdo

thank you goldcoin

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Mulling about this coin myself, for now there are others higher on my priority shopping list.
Investors are fleeing stocks and are not putting it in Precious metals or Cryptos, likely in cash as to hope to buy back on the cheap later.

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thank you kerrislravenhill, interesting time we live in now, need to stack food and water also i think, and then precious metals and cryptos

Precious metals looks slightly high to me even though its a safe haven. Crypto looks cheaper.

I am still holding some tesla and some cryptos. I believe this bear market will be a good time to buy disruption tech stocks. I have some cash ready to buy soon cuz i think this corona virus stuff is fake news. Hoping for more pain in the market this week so I can buy Tesla cheaper.

thank you kevbot, yes cryptos looking cheap again after the big drop last few days, but i would just be diversified just in case

Beautiful Silver Royal Arms my friend!! I think there were a lot of paper contracts that needed to be covered. I think once the market clears these out the spot price will bounce!😀

thank you silvertop, yes i think you are right, it's starting to go back up now, and more rate cuts would be bullish for metals

I just found out there was a 1oz silver version of this coin. I just got in a few of the 1/10 oz gold coins and they are stunning...

Ima see if I can find these silver ones to get some in stock. 💪

Thanks for sharing @djohan

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thank you anchormetals, yes there are gold and silver versions for this, the gold a bit expensive for me now, just buying silver

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