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Compounded

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Everything posted by Compounded

  1. I contend there are few like you - though probably there may be a substantial percentage of posters on a gold investment thread like this! Congrats not many got gold at £250 per oz - I did not get it until £360 (and that is thanks to randomly finding GF a German with family memory of currency collapse on HPC) and I did not move the pension which represents real money for me until the 400's.
  2. In th HPC days of this thread many were of that opinion - including me. I think, I hope, I am wiser now.
  3. I hope gold is money and not a gamble and would be very happy if it manages to preserve my current spending power in the storm ahead. History - few have made money with gold many have preserved their wealth through difficult times.
  4. Understand the fundamentals --> be with them. IMO fundamentals are the whole system now is a huge Ponzi scheme - government finance, pensions, equities, bonds, banking and the paper money itself; get out hold money and wait. Give it time, we may need to wait a long time Gold is the only solid, tangible real money (it's value even survives civilization collapse) = you will emerge with purchasing power preserved and then you will have all about selling anything and eveything very cheaply because they have lost so much to the greatest Ponzi scheme in history. Silver - risky - it's an industial commodity now but it may perform as money again in extremis if it does it will be a real winner and holding a bit makes some sense. Ag like Pd Cu Pt Pb and a long list of rather useful other metals cannot be money in the recognized sense there is now too little reserve above ground. Simply the bond holders cannot run to Ag there is not enough of it; they can run to gold.
  5. A golden guinea must have quite a bit of numistic value and it's probably much more valuable than it's intrinsic scrap gold, I am not sure what happens to the numistic value of gold coins in a gold boom. does anyone? The British museum has a brilliant collection of ancient coins far better than the BOE museum if you are interested in that stuff (electium, silver pennies, roman, coppernose etc.) it is very stuffy not at all suitable for kids but its the best museum in the UK if you are very interested in the subject IMO. The Iron page was wot came up in google - the search was a chunk of text from the original post. Too many people --> too much demand and running out of things seems to be the the gist of this thread - I fear Maltheus could be right in the end.
  6. Gold sovereign and half sovereign pre 1914 were in circulation. All "silver" coins were sterling silver .925 before 1920 and then 0.5 up until 1946.
  7. I wondered that too a google came up with this list http://terresacree.org/feranglais.htm
  8. Invest in gold with no debt = use it as a medium to save - use it as money - it's historic role the function it performs best. Houses became an investment --> an unfolding disaster. I somehow think gold does not want to be an investment with all the trouble of bubbles and busts - free market money will I hope remain money, I think the invisible hand of the market will keep it so.
  9. Many have preserved wealth by holding gold through incredibly difficult times. Few have made a fortune by holding it. What else could you expect from holding money?
  10. Logically the over shoot should be proportional to the boom. + There is nothing like dispair now + Capitulation is nowhere all I see is hope of return to normality and that "normality" is reckless lending consistent with peaking credit in Kondratiev autumn. My conclusion we are in a property bull trap.
  11. I have just found this apologies if iit has already been posted http://seekingalpha.com/article/133523-gol...k-market-bubble It’s been quite a while since my last contribution to Seeking Alpha, but amidst the vast economic turmoil, there is yet another bubble is brewing. Here’s how you can profit from it. In order to understand the fundamentals of this trade, we need only to review the headlines of the last few months: ....................... Upon closer examination, there is what appears to be a massive inverse head and shoulders in the final stages of forming. Given the fact that we just broke that downtrend on the daily chart, could we finally start to see that right shoulder form? We’ll see what happens, but if it does form, gold would be on the verge of an absolutely massive break above $1000. All we can do at this point is and see if it happens. A break above $1000 in gold would seemingly correlate with another leg down in the stock market, not to mention a crash in the dollar, both of which I believe will happen
  12. +1 These figures make it look like the HPC has a long way to go in the UK.
  13. House prices are sticky - this type of thinking is the reason why.
  14. There is a truth in that quip that is depressing. However, I do have a friend that uses silver cutlery and it's nice it is a much prettier metal than stainless steel and i am tempted myslef to use some of the spoons and forks I own unfortunately I have a dishwaher and silver is no good in a dishwaher it tarnishes badly.
  15. I have bought Ag spoons and forks from ebay in the past at about spot and a couple of engraved trophies at below spot but this is a time consuming way to aquire silver. I do however think silver in this form is the least likely to be confiscated.
  16. Try googling Herengracht Index, it is mentioned also in Bubbs post #24 in http://www.greenenergyinvestors.com/index....racht&st=20 The only long term HP index I know but it's not gold.
  17. How silver kills bacteria. Bacteria and fungi have an active enzyme system on their surface that pumps oxygen into them - silver blocks this and they suffocate. We do not have or need this because our cells all live in a highly contolled environment which is high in oxygen - oxygen simply diffuses into our cells and so no active mechanism is needed. Anti virus - a virus is simply a piece of dna that takes over a cell turning it into a factory for more virus, usually in this process the cell reverts to a more primative form with the oxygen pump - it therefore becomes suceptible to silver. Some bacteria do become resistant to silver but this is much less of a problem than with antibiotics.
  18. Bairds use the post Office for delivery and i have never had a problem with them, the postman knows me by sight if i am out when they deliver I can pick it up at the depot. CID use a different courier I think it's UPS - they are hopeless - they were unable to find the address once - the first i knew about it was when Sonia rang me to tell me the coins had arrived back in Germany. CID have silver Britannias in stock.
  19. I will ps Sorry if I get fustrated with you - it seems to me you know more than you tell. You got it No no no high gold price is the sign of trouble - owning gold will protect a bit -- we all would be much better off if gold were not a good investment. Agreed +1 I found GF on HPC and have all my physical at less than £400, if I had found cg on MSE I would have had it at sub £200.
  20. I paid by internet banking which is BACS (I did not know that prior) , I too was very happy with the service.
  21. They have threatened this over and over again, it's a positive sign a sign that the cartel are running out of ammo.
  22. Normal sovereigns are 22k, pure gold is too soft and would wear out too fast to be used for a circulating coin.
  23. It changed at 10pm I happened to be on the site at that time.
  24. Fundamentals will out, the fundamentals with gold are good now and short term trading in the stuff is for idiots or those much cleverer than I could ever be. I was asked tonight what is my exit strategy with gold - I said you don't sell your insurance policy. Is that right?
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