Jump to content

dietcolaaddict

Administrators
  • Content Count

    682
  • Joined

  • Last visited

Everything posted by dietcolaaddict

  1. dietcolaaddict

    UK House prices: News & Views

    This is a really top website, respect to the author! I tried to do some analysis like this a while ago, but could not process data as well as this - there are some great correlations and future projections on this site.
  2. dietcolaaddict

    GOLD

    Yahoo have updated their cumbersome currency converter with something more user-friendly. Moreover, it now works with gold as a currency (the penny is dropping...). http://finance.yahoo.com/currency-converte...;submit=Convert Today's gold price is looking good in GDP!!!!
  3. dietcolaaddict

    GOLD

    Hmmmm, I came across this site through a google search and thought it might raise an eyebrow....... http://www.goldpricecrash.com/ "We believe gold investment is a mug's game. It's not a sensible long term investment. It's a hedge in tough and uncertain times. But there are those on our forums who disagree."
  4. dietcolaaddict

    GOLD

    I too am interested in platinum coins, but I really really do not want to give Gordon Brown 15% of my hard earned savings. I'm probably going for Goldmoney silver with my next purchase, there is only so much bullion you can keep in the house and not worry about when away or at work!
  5. dietcolaaddict

    GOLD

    Gold having a bad hair day..... Test at $740 imminent
  6. dietcolaaddict

    GOLD

    Thats us back through $800. Lets see if it holds!
  7. dietcolaaddict

    GOLD

    I think we should make a collective decision to avoid rocket pics for the time being (at least until the GBP peak is conquered!) For the last few months, watching the gold price has been like supporting the Scotland football team - winning the odd battle but always loosing the war!
  8. dietcolaaddict

    GOLD

    I find that big price movements are always accompanied by kitco crashing! Is Gold at a peak now in pound sterling? (can't find an up-to-date graph). It must be very close otherwise
  9. dietcolaaddict

    GOLD

    Panicked investors send gold demand up 56% http://business.timesonline.co.uk/tol/busi...icle5188684.ece "European investors bought an all-time record 51 tonnes of gold bars and coins as European banks reported huge writedowns, and France became a net investor in gold for the first time since the early 1980s."
  10. dietcolaaddict

    GOLD

    Look forward to it Ker P.S. hurry up and make another 4 posts - you merit GEI Expert status!
  11. dietcolaaddict

    GOLD

    Time for another all-or-nothing defence at $740 PS Welcome back "Envirolet Compost Toilet"
  12. dietcolaaddict

    GOLD

    Agreed. Buying in the dips means buying in the currency fluctuation dips as much as the spot price dips. When there was 2.1 USD to the GDP, gold was a steal in the UK.
  13. dietcolaaddict

    GOLD

    The last smackdown of the Bush Administration.............. the motive for today's manipulation was obvious
  14. dietcolaaddict

    GOLD

    Thanks Steve. I am still unsure about keeping anything other than physical bullion, but Gold Money is probably the logical place for me to build a bit of exposure to silver over the next few months.
  15. dietcolaaddict

    GOLD

    I am 55% in PMs, and 45% in sterling (ISAs etc.). I only buy gold - I find silver too bulky and volatile - but I am now increasingly tempted to trade in some £ for Ag, especially if lift off resumes and the 17.5% VAT can be quickly recovered in the bull run. My masterplan has changing this year as well. I thought my gold would fund a decent house deposit but I am no longer interested in buying a property with my savings. I also worry about the effects a recession will have on my area of work. I am instead thinking of using my savings to fund an accelerated medical degree. A recession is a good time to be a student as housing costs and living expenses tend to fall and you dodge the tax rises (but of course, a recession needs to end by the time you graduate). The gold-to-UK-medical-degree ratio is currently about 25 oz. As tuition costs are capped and rental/living costs should fall, I'm hoping it will end up about 15 oz in the next year, at which it is a very viable option.
  16. dietcolaaddict

    GOLD

    GEI is really finding it's purpose and market niche these days - so many insights and good calls by the posters on this thread over the last few months. (and to think I only started reading this stuff because I couldn't afford (or wouldn't pay 6xsalary) for a tiny flat in a crappy UK town). Won't gold take a serious smack tomorrow as traders etc. liquidate any gold they have to cover losses.
  17. dietcolaaddict

    GOLD

    It always cheers me up that little bit when gold is over $900/oz (not that the $ means anything anymore!). Although I am technically in profit with my gold again, recent events (and you guys) have taught me how increasingly fruitless this coversion of gold to fiat money is becoming. I am trying instead to think of my bullion as a value relating to a percentage of a house or a number of months of living costs. Considerating the last point further, I've come to the view that gold sovereigns are probably the optimal bullion coin for the bad times ahead - they can be easily traded for workable amounts of food, labour, goods etc. 1 oz coins are too big a denomination unless trading for things in bulk, or paying big expenses like rent.
  18. dietcolaaddict

    GOLD

    Spot gold now above 900 in NY market hours!
  19. dietcolaaddict

    GOLD

    Guys and Gals of the GEI gold thread....... According to HPC, we are now officially "Gold Purists" and not "Gold Bugs". Has our status risen these last few days?
  20. dietcolaaddict

    GOLD

    The financial crisis is even evident when watching Match of the Day on saturday night TV! West Ham Utd's sponsor (XL airlines) bust Man Utd's sponsor (AIG) will be bust by the weekend Liverpool's new stadium postponed due to "credit crunch"
  21. dietcolaaddict

    GOLD

    Agreed, we are starting to see the decoupling we have long hoped for. Gold-to-oil ratio is now over 8.5 (it was around 6.5 in June).
  22. dietcolaaddict

    GOLD

    Looks like we are going to have to take some pain until the dollar weakens - US election is 4 November
  23. dietcolaaddict

    GOLD

    $790 low now being re-tested!
  24. I've become very interested in this ratio recently. It can swing very quickly from max to min (and vice-versa)
  25. dietcolaaddict

    GOLD

    I've noticed the same pattern - Gold to oil ratio now increased to 7.3 (from a minimum of 6.3 in mid-June)
×