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Schaublin

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Everything posted by Schaublin

  1. I wish I had not started this ridiculous conversation with you now. Despite the best efforts of many knowledgeable posters here on GEI, you keep on recycling the same tired, discredited ideas and instead of thanking your interlocutors, you abuse them. Please swallow your pride, admit you know nothing, and start to learn - it is never too late.
  2. I suggest that you go to a bank and try to convince them that it is sheer foolishness to hold gold bars - tell them that some nice pig iron would be better. If I were the only person in the world that valued gold, then that would be irrational - but there are hundreds of millions who, annoyingly, insist that gold is valuable too! If you can convince the rest of the world that your reasoning is sound, then I will change my mind. I reiterate: gold is used as money precisely because it has no other uses. 1. I know the difference between the grubby, practical world of reality and theoretical ideas about how the world should be - unlike you, it appears.
  3. I did not say that preachers give value to gold - FFS read the posts before replying - also, be advised that precisely because gold has no real uses it is the ideal metal to use as money. That and the fact that is in very short supply and takes a lot of energy to find and mine it. That was figured out many thousands of years ago - haven't you caught on yet?
  4. I agree with you - if there were no human beings, gold would have no value Fulminating against people's desire to own gold is about as effective as preachers warning against the perils of fornication. Next
  5. Schaublin

    GOLD

    I used coininvestdirect recently and found it offered a good service with tracked delivery. As for which Sovs, - I know there is a slight premium on older ones - I class this as numismatic interest so I would not pay the extra but some are willing to pay a few more pounds for them. Also the 5g, 10g, 20g, 50g ingots are worth a look - for the continentally minded! Also, look here http://www.greenenergyinvestors.com/index.php?showtopic=3782 Regarding house prices: I think there will be some nominal falls (priced in GBP) to come but I think to understand how the UK housing market will unwind, have a look at Goldfinger's graph of OZ gold/UK houseprices
  6. Schaublin

    GOLD

    Agreed Jake, I advise sticking to sovereigns or one ounce bullion coins I would never buy a proof coin unless it was priced the same as a standard coin and I am not interested in numismatic value. I would not dismiss ebay completely - if you have patience, you can find local sellers and arrange to pick up in person and pay cash - there may be more available than the one piece advertised. Of course, all due diligence should be observed - I don't use ebay much now but I advise looking at the wording of the ad - is there some history? Is the ad well written etc? The seller can be contacted and a telephone chat before the end of the auction should be able to tell you what kind of person you are dealing with. I would also advise buying from a coin dealer - especially if you have never bought before - you will get a feel for the real thing and will be unlikely to be cheated when buying privately. It is not rocket science - when you have handled some sovs or one ounce bullion coins you will be able to feel a copy immediately.
  7. Schaublin

    GOLD

    Adrian Ash is trying to trash all the ways to acquire physical gold in order to steer you into Bullionvault. Bullionvault has some advantages especially for those wishing to trade a bit but allocated or not, the gold is not in your possession.
  8. Schaublin

    UK House prices: News & Views

    Thanks for posting that - I now know that there really are alternative realities. The sheer stupidity of such utterances just makes me laugh out loud!
  9. I think we may be entering the nature vs nurture arena here and that argument never goes anywhere. I am quite aware of the foolishness of expending time and energy to extract gold from the earth - only to lock it up again - but men are foolish and untrustworthy and as long as they are, gold will be money. In a world of perfect men, there would be no prostitution because the sexual urge would be restrained until a loving partner was found and women would not sell themselves. I cannot see prostitution disappearing anytime soon. I am reminded of a Soviet joke about a Westerner in Moscow who asked a policeman what was going on - regarding many women being put into police vans. The man asked if the women were prostitutes. The policeman replied 'in the Soviet Union, the unjust capitalist system that forces women to sell themselves does not exist - we have created a truly just society where men and women share equally in the building of a socialist paradise.' 'But who are these women then?' asked the Westerner. 'Oh, just some whores we are taking in as part of a crack down on prostitution'
  10. - I really am laughing out loud! I wondered how long it would be before someone came along with that predictable response. I do not have gold fever. I trust my guts more than I trust anything else. Of course I have the ability to reason - and do so but only a fool ignores the wisdom of countless generations. BTW, Do you have any idea where this 'gold fever' comes from?
  11. Schaublin

    SILVER

    Annoyingly well as I am keen to buy a few ounces of silver on Bullionvault next week when their silver bourse opens!
  12. Over the last year or so, people that I know in The former Soviet Union have been converting their dollar savings into Euro and gold - some into Roubles. Having seen one empire go down, they know the signs... For all the intellectuals out there that posture that gold is just an abstract idea, I challenge you to go to a bullion dealer and ask to hold a lump of gold - then you will understand - it is not just 'cultural' it is visceral and in your bones. Try it.
  13. Schaublin

    GOLD

    I daresay someone with more knowledge than I will be along soon to take you to task but in the meantime: 1. I cannot see why it is absurd to think that the USD will go hyper - The Soviet Union was a vast empire with similar problems and it happened there. 2. I do not 'cling' to any belief - I analyse what is before me and draw the best conclusions that I can. 3. So I am easily led - because I seek out historical precedents and draw conclusions! 4. I am always alert to changes and modify my opinions accordingly but I simply cannot understand how an empire that is so far gone that it is reduced to buying its own debt and is using military force in order to try to frighten the rest of the world into continuing to buy its debt can last much longer. I have a great respect for you via your posts but I am at a loss as to how we can perceive things so differently!
  14. Schaublin

    GOLD

    As we sit here, vast underground nuclear-powered printing press complexes are spewing out uncountable amounts of USD. Specially trained monkey/human hybrids are entering zeros on the balance sheets of the Federal reserve computers in order to prop-up a bankrupt empire while cunning Asiatics look on inscrutably* and yet...and yet, some are convinced that the USD is a good store of hard earned wealth. Am I missing something important? *Wondering how to convert their own mountain of USD into gold, silver, industrial metals and oil for their own internal modernisation while those USD still have some purchasing power.
  15. Schaublin

    GOLD

    You have summed up my own complex feelings about Sinclair in one short sentence!
  16. Schaublin

    GOLD

    Bubb, can you translate that into plain English so that those of us not on your esoteric wavelength can understand?
  17. Thanks for the prediction! So, a few questions: I know it is easy to buy dollars - but when I come to sell them will there be problems? Will the dollar dealers say 'Oh I am sorry, I have a block of dollars at the moment and cannot quote you a price at the moment?' Will the price of timber increase when millions of trees are being felled to make new dollars? Will you help me to buy food if your prediction proves wrong? Thanks in advance
  18. Schaublin

    SILVER

    I am waiting for Bullionvault to open up to 'ordinary' members next week so I can buy a few ounces of silver. Hopefully, the sales will last until then - I do not like paying more than two packets of cigarettes for an ounce.
  19. Schaublin

    GOLD

    Ok, own up - who has broken ranks and is buying again?
  20. Schaublin

    GOLD

    Here comes the volatility - I would love a 10 percent drop!
  21. Schaublin

    GOLD

    What was the problem with CID? Don't expect 'blow by blow' just the general gripe - if you don't mind. Regarding selling, why not mention here on GEI what you wish to sell - and anyone interested can PM you.
  22. Schaublin

    GOLD

    I am beginning to think that the tail may now be beginning to wag the dog. I believe that the POG is used by many as a gauge for uncertainty but at a certain point, especially after a fast rise, I think the price will, of itself, feed the uncertainty - and start a cascade. Also, with Sinclair's first prediction having arrived, I believe it may deter 'profit taking' and perhaps embolden fresh buying from those who, having seen a concrete 1224 - despite many calling the top at 1150, will feel that Jim's 'magic numbers' are on track.
  23. Schaublin

    GOLD

    Goldfinger, I thought you would have had a wall of screens - giving continuous updates on everything from gold to pork-bellies!
  24. Schaublin

    GOLD

    Yes - went through 1225 about 10 mins ago - back to 1222 now.
  25. Schaublin

    GOLD

    Sinclair just got his 1224/Oz
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