Jump to content

mongoose

Members
  • Content Count

    35
  • Joined

  • Last visited

Community Reputation

0 Neutral

About mongoose

  • Rank
    Newbie
  1. mongoose

    GOLD

    So we are back around the 144 DMA. Could this be worth an entry point or could we see lower? Edit: I've had a bit of a nibble and will keep on adding on the way down if it keeps dropping. 200 DMA is at $1668
  2. mongoose

    GOLD

    gdx and gdxj currently up around 7%. Could this be lift-off for gold stocks?
  3. mongoose

    GOLD

    Clarification: Gold=money so just as important, if not more so than renting or buying a house. People need to eat, clothe, etc. But I see your point about the (un)educated ranks of MSE not grasping the gross devaluation that is occuring.
  4. mongoose

    GOLD

    And what does the Silver Sammy Contrary Indicator say?
  5. mongoose

    GOLD

    I think a coin is generally: Issued by government backed issuer Denominated in fiat, which is the minimum price they can be exchanged (if still legal tender)
  6. mongoose

    GOLD

    Just got this email from Goldmoney which makes them more tempting to use now. Will be interesting to see how well this works.
  7. mongoose

    GOLD

    ebay/paypal make about 3-4% on paypal. ebay now also force all normal listings to offer paypal anyway. Increased prices may be more prevalent now as the 10% discounts seems more widespread (a colleageue at work was talking about receiving the discount today). The discounts may push prices up a bit, but I didn't see this previously when I bought at around the same price as CID was offering (minus £100 discount ). The current completed listings don't seem disproportianately higher than the last couple of days.
  8. mongoose

    GOLD

    I want one of those! Free money! I did get a 15% off voucher from ebay just before Christmas though. I bought 2KG of Silver using it. Wonder when ebay will wise up?
  9. mongoose

    GOLD

    I am not an accountant (IANAA), but what about the following: a. Company buys, but then silver dips by 20%. Company sells at going price + VAT so now holding is personal rather than company for same total cost. Note that as a director, you have a duty to maximise profit for your company, so this could be viewed as a bit "dodgy", but with current cashflow issues that many companies will be facing not something that should raise flags. b. If silver rises, then at least you have delivery and you can still sell in the future. You could sell at the cheapest price you can (what is the cheapest competitor?) without delivery risk. c. If you wind up the company, then redundancy payments have a tax free element, so you can take advantage of this when liquidating assets
  10. mongoose

    GOLD

    That would explain why BHP has been hit so hard
  11. mongoose

    GOLD

    CoinInvestDirect are now offering to buy at over spot for most coins as well! I expect that other dealers are too (though not advertising it so blatantly) https://www.coininvestdirect.com/main.php?a=10&id=1 Physical is really doing well, not only is gold increasing in terms of sterling, but the premiums are as well. Excelent for all those who hold physical
  12. mongoose

    GOLD

    I'm wary of what happens next week when the AIG backed ETFs might become tradable. I can see sell-offs in these ETFs which may have a negative affect on the spot pricess. Now what happens with the money redeemed? Some will go back into PMs - but if prices are temporarily falling, some may be tempted to go into the rising short protected financials Anyone have any views on this and the potential short term impact in prices?
  13. mongoose

    GOLD

    Saw this too. Daily spot was still 860 as well. Don't use stops for this reason.
  14. mongoose

    GOLD

    What are peoples thoughts on the 300dma? We are at about that level, and that has held well over the past 3-4 years.
  15. mongoose

    GOLD

    fixed link - Safety Deposit Box Raid OMG - I nearly opened an account there 2 months ago. Glad I didn't now. Will be interesting to find out how the innocents will be treated. Will they need itemised receipts to reclaim their things?
×