callmejoe

Bought 2 more tranches of HGM Between the 2 daughters and my partner, we have about 1/10th of 1% of the outstanding shares.

Now that reminds me of that leaked phone call which the Turkish PM had with his son. The latter was suggesting that they go and spend $5m (or some amount like that) on a property because they needed to stash some cash somewhere very urgently.

http://www.zerohedge.com/news/2015-02-07/nyt-exposes-criminal-money-laundering-underworld-supporting-manhattans-luxury-housin The NYT Exposes The Criminal Money-Laundering Underworld Supporting Manhattan's Luxury Housing Bubble We will let readers go through the article on their own, but we will highlight something that we have been writing virtually every year since late 2011, and which, as usual, got us branded as conspiracy theorists if only in the beginning. Because, you see, once it hits the NYT it all magically becomes fact. The New York Times documented a decade of ownership in this iconic Manhattan way station for global money transforming the city’s real estate market. The Times also found a growing proportion of wealthy foreigners, at least 16 of whom have been the subject of government inquiries around the world, either personally or as heads of companies. Lacking incentive or legal obligation to identify the sources of money, an entire chain of people involved in high-end real estate sales — lawyers, accountants, title brokers, escrow agents, real estate agents, condo boards and building workers — often operate with blinders on. As ... a former manager of the condos at Time Warner, said: “The building doesn’t know where the money is coming from. We’re not interested.” What becomes clear combing real estate records is that many Time Warner buyers have taken even greater steps, beyond using L.L.C.s, to keep their names out of sight. On many deeds, the line for the buyer’s signature is left blank, is illegible or is signed by a lawyer or other representative. Phone numbers are registered under lawyers’ names; the owner’s line on renovation permits is signed by Time Warner staff members; tax statements are addressed to the L.L.C.s. And because most of the sales are in cash, there are few mortgage statements, another public document that might identify an owner or trigger scrutiny. Nobody knows where the money comes from. Why? Because most of the time it has been obtained illegaly There is much, much more in the NYT article, most of it dealing with the revealed identities of the buyers, most of whom one can say with absolute certainty are either domestic or offshore tax-evaders, oligarchs or outright "organized" crime lords, or even worse

Oh well, gotta live a little. Bought another 56K shares a few days ago and will do so again next week. Aiming for about 1/10th of 1% of this little old gem.

Anyone reckon the controllers are running scared? http://www.zerohedge.com/news/2015-01-29/cme-hikes-silver-margins-11 CME Hikes Silver Margins By 11%

Thu, 01/29/2015 - 12:49 | 5720810cnmcdee The Rothchilds private library that documents the family history - was looking for candidates to work for them - on their actual website in public they had an example document - when I read it - it detailed how they were manipulating the price of physical silver higher in the 1830's by cutting off the supply of a refining compound.. You can't make this stuff up..

Invested another £5+K for partner yesterday and just bought 56+K shares for 2nd daughter today. Can't tote up totals but maybe just under 250K shares in HGM for partner and children. I have none myself. Don't want to be too greedy but might get some more tomorrow for the children. Might be fun to own 0.1% of this company

Bought 50K HGM shares for one daughter today

Nah, not in the least bit worried about the political risk. And it's already reflected in the price so that's even better for investors like myself who regard that risk as being negligible.

Can't think of a producing gold miner off the top of my head but there's Franco Nevada which I understand is a gold royalty company. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=FNV&insttype=Stock Yield is 1.48% When everyone is clamouring to own gold, what do you think HGM will be worth? Don't forget, when that happens, the gold price will be substantially more than its current ridiculously low level. Damned if I don't hit 7 figures on what I've bought. At the very least, it will be many hundreds of thousands. Already warned my partner that I shall be claiming 50% of this should we divorce.

Strange, I thought I replied but my comment has disappeared. Bought another 25K shares today but this is in my partner's dealing a/c so no exemption from CGT on gains. Once the gold price is free of the suppression, gold will soar. This will be reflected in HGM's SP not only because of the rising gold price, but also because many more people will be looking to invest in gold miners. There ain't many of those in the London markets. Look at the yield - 11% That is one fat juicy yield. Look at the yields on gold miners in Canada, say. If HGM's yield moves nearer to that of producing gold miners, what yield would you expect? This stock is in AIM. If they follow what that Hambro guy did, the company'll seek a listing in the main market Again, that can only be good for the share price. So overall, I think this is a nice little punt on gold.

You won't like my answer but I am a Clif High fan. I had lost interest in shares and investment back in 2008 or thereabouts. And you may have seen my post on selling my bag of gold sovereigns back in early 2012 (not sure of year but likely to be 2012). Last summer, my partner discovered £40+K sitting in an ISA which never got invested and asked me to deal with it. I didn't have a clue on what to buy. Then I heard Clif High talking of silver in one of his reports. That caught my attention and after a few more reports, I decided yup, I'm going into silver in a big way. Gold is good too but silver should gain more as I'm expecting the gold:silver ratio to move back to its historical 15:1. I'm not saying that it will reach there but it'll try. The current 70:1 is way overstretched. Silver miners may do the best, then something like Sprott Physical as that'll go to a premium when everyone is piling in, followed by physical like with Goldmoney. There's always silver Britannias which aren't subject to CGT in the UK but it's disadvantaged by the VAT. But you could always pop a few coins in your pocket to sell abroad where there is no sales tax ....... [Obviously I don't go for the fancy stuff like options as those are beyond me though I'm sure there are others who dabble in those here] Gold would be used by the sovereign states for settling international trades but silver is for the populace. Bitcoin may be coming in too as a fast and cheap means of transmitting 'money'. When investing, look from far away to try to get a glimpse of the big picture. I think Richard Russell is right in a recent article I posted - the world is going back to gold backed currencies.

http://www.zerohedge.com/news/2015-01-21/americas-ultra-luxury-housing-bubble-has-burst-deals-have-slowed-trickle America's Ultra Luxury Housing Bubble Has Burst: "Deals Have Slowed To A Trickle"

Other than my share in the house, everything else I own is in some form of silver (mining shares, Goldmoney, Sprott Silver) except for the gold content of CEF.A

Just restructured one of my partner's ISA. Bought 100K shareS in HGM. Also bought Blackrock Gold. This ISA is with the Alliance Trust Savings so I was restricted to the UK market.

http://www.zerohedge.com/news/2015-01-17/pin-meet-housing-bubble-20 'Pin' Meet 'Housing Bubble 2.0' .... No amount of government data manipulation, feel good propaganda spewed by the captured mainstream media, or Ivy League educated Wall Street economist doublespeak, can change the fact this economy is in the dumper and headed much lower. The Greater Depression is resuming its downward march toward inevitable war.......

Max Keiser @maxkeiser · 8h8 hours ago The cost of global central banks keeping Gold pegged at these low levels will blow up like SNB just blew up.

http://www.zerohedge.com/news/2014-12-31/uk-literally-runs-out-bricks-scramble-build-unprecedented-housing-bubble UK Literally Runs Out Of Bricks In Scramble To Build Unprecedented Housing Bubble

If this planet is going to get free energy devices, they'll have to be open sourced. Anyone who tries to patent his invention will make no headway. https://www.yahoo.com/tech/the-u-s-government-has-a-secret-system-for-104249688314.html The U.S. Government Has a Secret System for Stalling Patents ...Newly released documents reveal that the office, tasked with evaluating and protecting the rights to intellectual property, has a covert system for delaying controversial or inconvenient patents. It’s a system that attorneys say, if abused, could function as a way to limit or stomp out emerging companies. Before today, the program — named the Sensitive Application Warning System (SAWS) — has been mentioned only anecdotally by examiners who work in or with the office, and in a government memo that was leaked in March 2006. However, a new 50-page document obtained by a law firm’s Freedom of Information Act request shows the sweeping scope and conflicting interests of this particular set of rules.... Any application that is categorized in SAWS, however, is placed in a special type of patent purgatory. SAWS-marked patents must be approved by anywhere from three to nine people and can be delayed for years. There is no official channel to notify an applicant once her patent is placed in the system, and the Patent Office has denied requests to divulge what applications are on the SAWS list.... If it’s a startup trying to get traction against an established player, they may not get funding because they don’t get the patent in place,” he told Yahoo Tech. “It favors the entrenched incumbent in that space over the person with perhaps breakthrough technology.”...

Preston James says we'll be getting free energy devices soon http://www.veteranstoday.com/2014/12/01/the-mad-race-to-the-end/ The Mad Race to the End ...... Free Energy aka Tesla “solar wind power” or cosmic wind power, or black energy power is just about to be released for consumers. the major oil companies have been scared to death of this development which has been around since the late 1800 and have murdered hundreds to prevent its development. Nikola Tesla had an electric automobile running for about one and a half years on a small battery sized box with an antenna he said received power from the Aether or Cosmic Wind to power the Auto..... Yes, Tesla-style Free Energy and anti-gravity is already here and very close to being ready to market to consumers all over the World..... Soon you will no longer be connected to the Electric Grid, no more smart meters designed to Mind-Control you and disrupt your sleep and harm your health. Just imagine this. You are no longer connected to the grid. Each home or apartment has its own small 3 by 5 foot box which contains the means to provide all their home energy needs for 20 years or more. Your car has its own box like what Tesla had that powered his car mysteriously for about a year and a half. Your car weighs about 80% less due to on board anti-gravity generators. This technology is here now and leaked NSA raw feed documents from Russian and French Intel prove it. And cell phone tower emissions and Wi-Fi will be eliminated substituted with either fiber optics or a new non-toxic wave form that is inter-dimensional and far more efficient and effective. Such a wave form has already been discovered and is now being used in some special forces radios. Soon all of this technology will be made available as the American Petro Dollars is pushed out of prominence and only accepted by fools who haven’t caught on yet

http://www.zerohedge.com/news/2014-11-28/gold-shortage-worst-21st-century-sends-1y-gofo-lowest-ever-and-india-just-made-it-wo Gold Shortage, Worst In 21st Century, Sends 1Y GOFO To Lowest Ever... And India Just Made It Worse

http://www.zerohedge.com/news/2014-11-26/california-housing-market-cracks-two-top-end-goes-crazy California Housing Market Cracks in Two, Top End Goes Crazy

Clif High has predicted that people will turn away from investing in property for generations. If so, not only will prices crash, they'll stay down for the forseeable future. Hmmm, if they sell flats in Gilbert House in the Barbican for 50 gold sovereigns, I might buy one .... or 2 http://www.rightmove.co.uk/property-for-sale/property-29041266.html

http://www.cnet.com/news/miracle-tech-turns-water-into-fuel/ 'Miracle' tech turns water into fuel German cleantech company Sunfire GmbH has unveiled a machine that converts water and carbon dioxide into synthetic petroleum-based fuels.

http://www.zerohedge.com/news/2014-11-19/open-floodgates-chinese-inquiries-us-real-estate-soar-35-after-easing-visa-rules Open The Floodgates: Chinese Inquiries On US Real Estate Soar 35% After Easing Of Visa Rules It’s bad enough that American financial oligarchs have leveraged free money polices of the Federal Reserve to purchase tens of billions of dollars in real estate only to rent it back to people who were kicked out of their homes during the 2008 crisis, but the government is now going out of its way to allow Chinese (and other foreign criminals) to launder money via U.S. property........ Apparently, the level of ill-gotten funds flowing into U.S. real estate still hasn’t reached the level desired by policy makers. As such, China and the U.S. have extended the terms of multiple entry short-term tourist and business visas to 10 years from one year.Reuters reports the result has been a 35% jump in Chinese interest.....