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anciom

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About anciom

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    Centurion
  1. anciom

    GOLD

    i feel partly the opposite. it will have most of the globe running for cover and the only real cover at the moment globally is GLD. this is one of the key moments i have been waiting 6 years for. if america is struggling to repay $14 trillion, or needing to address it. what will happen to our £8.4 trillion ? where does that stand the £ against GLD there may possibly be an excellent very short term 'shock' dip as the dollar gains if a deal is reached, thats the time to buy in with your £s. (if it happens, but i feel it wont) because we know it, and they know that the next institution on the block is the BoE and the £ and we have the same debt but with micro exports in comparison. its going to be a turkey shoot late august. if there is a dip mon/tues/weds. get in fast and hold.
  2. totally. it always bounces back. its too big to be caged now. paper is looking too fragile and dangerous. its tainted. i dont think gold can be stopped now. its the only store of wealth that makes sense. the other big laugh is people that say 'you cant eat gold' but then you cant eat £5 notes either. the only arguments against gold are utterly childish. like housing bulls dying arguments in 05. new paradigm. etc etc.
  3. anciom

    GOLD

    well/ what else did anyone expect him to do ? he cant produce the debt from his arse, so words will have to do. unless the entire globe prints up the jam it will only at best produce a small few months of delay, possibly a year, maybe 2 and with it a bear run on gold whacking the price down. then the real issue will return as it hasnt or wont go away. we have (UK) borrowed more to rescue the system than in WW2 and it will need to be repaid.
  4. anciom

    Gold to oil ratio

    golds fine. its got no productive use of any significance, yet its held its ground better than anything else over the last 4 months. thats enough to keep me confident.
  5. anciom

    GOLD

    currency bonus !!! thanks guys.
  6. anciom

    GOLD

    i noticed when the spot price is in the west it goes down, and when its in the east it rises. to me this means the west is selling and the east is buying.
  7. anciom

    GOLD

    the ebst way to counter this is to buy into shitty bank stocks. they are so low, that in the case of a $500 oz, then the banks would be sitting pretty again. though i still think the FTSE will end up at 2800s when all the dust settles. gold might be $600-700 oz but £1 wont buy a pint of milk.
  8. anciom

    GOLD

    always a rollercoaster it seems. i made the same mistake of not taking the gains and buying back in at the low. as a hedge i have bought stocks in junky banks and builders, and so it seems as one goes up the other goes down and so on. so im remaining static to above REAL inflation more or less. i wasnt looking to make i was looking to preserve. + i got some new business projects moving. the gold i can leave as a hugely long term pension pot. im not worried really (gulps)
  9. anciom

    GOLD

    its getting a pounding. meanwhile barrats and the banks are climbing fast. theres an air of crisis over. this is all based on the usa sub prime crisis. however, theres a huge sub prime uk problem just begining and also a neg equity default problem looming, so i feel that hpc financial planners opinion of down to $750 before the next run up is possibly the best opinion.
  10. anciom

    Survival Kit

    whoa - and pickled onions for medicinal uses.
  11. anciom

    Survival Kit

    my tip for easy survival in an easy to carry box is ebay. type uk army 24hr ration packs x 10 they come 10 24hr packs to a box. has EVERYTHING foor wise aside from water, but you do get water tablets. buy 3 10x packs. this should keep you going in any crisis. add to that battery recharger & batteries. water. clockwork radio. torches. a gun.
  12. anciom

    GOLD

    maybe i should buy some more...........................gold.
  13. i remember a spate of high art sales prior to the 90s downturn. perhaps its a way of avoiding inflation and somewhere to save your big cash money in troubled times. i think at the time it was van gogh's daffodils or something that set a new record. and monet was also in the rise.
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