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dietcolaaddict

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Everything posted by dietcolaaddict

  1. dietcolaaddict

    GOLD

    Gold now flirting with the $1100 'barrier'! 1091.2 !
  2. dietcolaaddict

    GOLD

    Gold is talk of the town again over at HPC. http://www.housepricecrash.co.uk/forum/ind...129378&st=0 Maybe we are not all tinfoil hat wearing doom-mongerers after all!
  3. dietcolaaddict

    GOLD

    Kitco Gold Index today: Gold Price Change due to Strengthening of US Dollar -1.85 Gold Price Change due to Predominant Buying +26.05 Gold Price: Total Change +24.20 http://www.kitco.com/kitco-gold-index.html
  4. dietcolaaddict

    SILVER

    Silver seems to have less of a 'floor' than gold. It seems to be falling more and rising less at the moment than gold!
  5. dietcolaaddict

    GOLD

    Thanks ID5 and aardvark for putting my mind at rest about this.
  6. dietcolaaddict

    GOLD

    Does anyone know what happens to gold bullion coins involved in a housefire? I've always wondered w.r.t. my stash, but has anyone got any specific knowledge on this? Gold has a melting point of 1064 Celcius, so kruggers and britannias should be alloys that melt in that ballpark temperature range. Is that hotter than a typical housefire? Also, would smoke damage make bullion coins unidentifiable or unsellable? Could a fire-damaged coin still be sold for a decent % of spot? Thanks in advance
  7. dietcolaaddict

    GOLD

    Hi nicejim , others may chip in with better answers here, but here's my understanding: Because over 450 years, a circa 4-fold change in labour value is insignificant compared to the multiple-fold loss in paper (pound/pence) value had we compared soldier's income in fiat currency. Things make even more sense when you factor in the 'productivity gain' of a modern soldier over a soldier from the 16th century. Now with armour, sophisticated weoponary, communications, tanks, aircover, healthcare, sanitation etc.......... the number of soldiers needed per war campaign is less so each can be paid a bit more in absolute value as they have 'added value' to the battlefield effort. I could suggest perhaps circa 4 times more.
  8. dietcolaaddict

    GOLD

    Look away RealistBear of HPC, it's yet another example of gold holding it's value over time........... Gold half sovereign from the Mary Rose, dated 1544 Read more: http://www.dailymail.co.uk/sciencetech/art...l#ixzz0TlEIFAJM
  9. dietcolaaddict

    GOLD

    Thanks Pixel8r, that's useful interpretation
  10. dietcolaaddict

    GOLD

    Gold rising vertically again - strange time of the day for this though....
  11. Things were going the same as last time It seems that people, as well as markets, are cyclical
  12. dietcolaaddict

    GOLD

    I like my Kitco Kcast software which displays the live prices on my windows toolbar: Gold $ 1033.10 Silver $17.14 Platinum $1312
  13. dietcolaaddict

    GOLD

    I'm a little busy at the moment with changing jobs etc. (and have little spare time) but let's just be careful of groupspeak people, as Dr B. once warned. A healthy debate is good for all. Don't pick on the outsider. Remember gold is the outsider as far as the MSM is concerned.
  14. dietcolaaddict

    GOLD

    Wow, Friday smackdown did not work
  15. dietcolaaddict

    GOLD

    And I thought physical silver was too bulky as a store of wealth !!!!!
  16. dietcolaaddict

    GOLD

    I bet it recovers to over 1000 by the end of the day though..........
  17. dietcolaaddict

    UK House prices: News & Views

    I'm surprised to be first to post this. It was on Radio Five news just now - is the summer party over for the UK housebuiders? Housebuilders and property group in cash call http://www.ft.com/cms/s/0/e15870be-a809-11...144feabdc0.html Article starts:
  18. dietcolaaddict

    UK House prices: News & Views

    Overall, rents are down in Northampton and Milton Keynes also. My point is that renters are now chasing affordable flats and are willing to compromise their standard of living for lower rent payments. This may create a floor at current levels in many rental markets. It will, however, murder any BTLer with a penthouse / concierge service / city views etc as nobody will pay the premium for this. People are happy with 'Tesco Value' not 'Tesco Finest' in the current rental market.
  19. dietcolaaddict

    UK House prices: News & Views

    I thought I would report back my explanation for this, having been 'at the coalface' the past week while flat hunting. It's to do with the fact I want a flat at the 'low-end' of the young professionals market. My observations: + No FTBers at all - everyone under 35 is looking to rent + These people are all looking at the same segment of the rental market - basic one beds. For example, couples are looking for a one bed not something more roomy. The affluent young professionals (accountants, lawyers etc.) are not renting penthouses or top-end flats and instead are also chasing low-end one beds. People who normally favour exclusive are happy with basic at the moment. + Rich students for the new uni term are 'living out' not 'in halls'. You spot them as they tour flats with their 4x4 driving parents in tow saying "Well, its near the library" etc. What nicejim said fits here - students from 'well off' backgrounds may feel more afluent than a generation ago now they have access to student loans as well as the bank of mum and dad.
  20. dietcolaaddict

    SILVER

    Just sold a bit of silver. I might regret this - but I am a forced seller at the moment and have done well out of delaying my sale as long as possible this month
  21. dietcolaaddict

    GOLD

    OK, much expected NY Smackdown has just happened.......bounced of 1007 though It's going to be interesting to see how much this recovers in the remaining NY time. Good recovery = bullish EDIT - kitco.com is down again. That's always a bullish sign!!!!!
  22. dietcolaaddict

    GOLD

    In the UK, always buy and sell bullion in <£5000 quantities. No paperwork, no cgt.
  23. dietcolaaddict

    UK House prices: News & Views

    Actually, It's your city jim - Liverpool. Any local factors involved here - large new employer starting up or something? What is also wierd is that I am competing with loads of students for these places (I realise that is a seasonal effect by moving now). In my day, students lived in their own part of town in 3-6 bedroom doggy digs, not one bedroom city centre flats.
  24. dietcolaaddict

    UK House prices: News & Views

    A little bit of anecdotal...... I'm moving to a new job at the end of the month and looking for a city centre flat (flat, not luxury apartment ) to rent for the first six months. A typical low-end BTL-athon willl do just fine while I settle in at work and decide where to live longer term in the city. However, letting agents are very busy and hard to get hold of, and indeed most flats are gone by the time I get through to them. I've checked that I am not being played by the agents (I've asked friends to make seperate enquiries), so am a little suprised at the high demand-low supply situation here as new builds are everywhere in this city. A little bit puzzled as to why this is. A temporary consequence of the dead cat bounce, or something more ?
  25. dietcolaaddict

    SILVER

    58.3 now on the gold-to-silver ratio. Things moving quickly.........
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