azazel

Welcome Chris, what took you so long?

Yes, interesting. I better get the cars filled up.

We shall see. Its all about time though. It will happen but when is the question. I think he is correct in what he says (100% ) He says it in such a way as to wind some people up, which makes it very entertaining.

cgnao posted this on 26 march 2008 http://www.housepricecrash.co.uk/forum/ind...p;#entry1032614 >>>>>>>>>>>>>>>> Are You Ready? Have you put your financial house in order? Suppose an emergency bank holiday is declared. After two weeks, banks re-open and GBP is devalued by 90% or more. Pump petrol prices skyrocket to 10 pound or more, not to mention food and other vital items. How would you cope? What would you do? Think I am crazy? I do hope I am. Protect yourselves.<<<<<<<<<<<<<<<<<<<<< I don't know what to make of this post but I respect cgnao posts. It would be arrogant for humans to think that there will never be a war as destructive as the second world war as we now have nukes. Similarly there will never be a crisis like 1929 again? Think again! Does anyone object to me copying his posts here, at least the most significant ones?

What gold in Fort Knox? And where is Goldfinger? He can come out now, golds going back up!

That seems to be following a 30% increase pattern, like last years gains. I hope you a right! I guess it depends allot on what happens geopolitically and financially too.

Hello everyone. I'm surprised that the price hasn't fallen further given the perception in the media that the storm clouds have blown over and every thing is back to normal. Still I got some silver on the dip so I am pleased about that. Are we still expecting $1200 by year end?

Thanks narco, thats the most reassuring article Ive read, and I wont be selling my PM

Have you tried marmite on sausages? Smear on before grilling, delicious. I think both these two are the reasons for golds drop: Bear Stearns dies, gold drops = Market manipulation / shake out weak hands??? Bear Stearns dies, gold drops = only covering margin calls / 1st quater reporting season ????

Nice. Cold, grey and raining here

Americans going shopping with their Dollars Or perhaps they are trying to keep flooding out with their Dollars

So are we not too worried about golds fall in price? Will it recover back to above $1000 quickly?

Will the price of silver stay put until trading starts again on Tuesday or are the bank holidays only in UK? Is it worth buying a load of silver now (22Kg) or do I leave it till sunday or monday rather, to see whats up then? Woot do ya thinks??

Yes my BV position is about the same. I'm not to bothered though as I'm confident we will be above 1000 again soon. Things are not any better in the financial world. The fundamentals are the same if not better for gold

I think you will find coininvestdirect.com are cheaper and they dont seem to be bothered about documents. Thay are based in Germany I think.

If this is correct then £6500 spent on silver ounce coins today may buy you an average (American) house in the future. Or £21,000 on gold ounce coins. Robert Kiyosaki, author of “Rich Dad, Poor Dad” recently stated that he has a large position in silver and plans to exit when his target is met. He says when the cost of a median priced single family home in the US sells for 500 oz of silver (or 40 oz of gold) he believes it will be time to exit the silver market http://news.silverseek.com/SilverTradingCo.../1205733600.php

Looks to me the same as the pattern since the beginning of January.

You think its possible that theres a "cunning plan"? Lets encourage everyone to go out and buy gold and then burn their fingers so bad they wish they hadn't joined the gold rush and will never try it again.

If you had 32 silver coins, just sell them in one go as a kilo. I have seen kilo bars of silver sold for more than £500 on ebay. I'm sure you would be able to off load 30 easily. I bet you would make a better profit on the silver coins as a coin that cost you £13.00 now you could sell on ebay for 20% more (£15.60) where as a gold krugerrand costs £515, who will pay 20% extra at £620? Would you like to suffer with £4000 Krugerrands? Silver is cheap, thats why you get so much for the money, which I believe make it a good buy. Silver maples/philharmonics now £13.03 each http://cgi.ebay.co.uk/1-KILO-FINE-SILVER-9...1QQcmdZViewItem

Coininvestdirect.com is the best way to buy silver from what I have seen. An example: 1 ounce philharmonic or maple= £13.25 from Coininvestdirect.com. From ATS bullion= £18.80 The margins are tighter on gold but I still think they are cheaper all round and delivery is quick. £50,000 will buy you 95 Krugerrands. £50,000 will buy you 3773 silver maples. I would put £30,000 in Bullion Vault, £10,000 into silver coins and £10,000 into various gold coins

PPT??????????

What do you reckon, buy silver coins now or wait a bit? To answer my own question, the systems only going to get worse from here so theres no time like the present?

anyone know what time they fix silver price?

When I first took the plunge, the price dropped and I was down £3000 dooh. But it went up again and then I got some more and guess what, it went down again, dooh. Next time I waited for a dip, took a plunge and it went up. Unfortunately that was the smallest plunge. Now I'm not too worried but I should have bought on the dips.

Yer, I bet they feel safe with their paper money now. Still they could always buy back in and eat humble pie