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Schaublin

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Everything posted by Schaublin

  1. Schaublin

    GOLD

    Ker up to his old tricks. I wonder how many people are sucked-in to the mumbo-jumbo of extrapolating the future from looking at charts. It reminds me of the old con of subscribing to a service which sends you the name of a winning horse with the proviso that you will pay them a fee only if their prediction is correct. The names of different horses are sent to different people on the list ensuring that there are always some happy punters convinced that the service has 'inside information'!
  2. Schaublin

    SILVER

    Silver now at 15 GBP - and a one ounce Libertad will set you back 21 GBP from CoininvestDirect. Still ridiculously cheap and there for the taking for the moment...
  3. Schaublin

    GOLD

    I agree with you on this - pictures of angels with magnets pulling the gold price up (notwithstanding the fact that gold is not attracted to magnets) is so err odd and kitsch that on the odd occasion I do check his site , I worry. A quick recap of public and private debt in the West, soon puts me back on track.
  4. WTF? You do not 'trust' gold, you have it because you cannot trust other people to honour their promises. Keep up at the back.
  5. Kurtz, I thought you were murdered in the Nam. Glad you were in fact, not. You have genuinely picked-up my mood with your recent posts.
  6. Schaublin

    GOLD

    All aboard that's coming aboard.
  7. Schaublin

    GOLD

    I looked back but cannot see Jake having answered this question. I admire the writings of FOFOA - especially his use of language to explain difficult concepts and have learned a great deal. However, this last part about a paper price of 200 USD or any other price for that matter when no physical is available is something I just cannot understand. When no physical is available for fiat currencies, how can any price be generated as there will be no value at all in paper claims and their price will be zero.
  8. Schaublin

    GOLD

    No doubt I have but you have not addressed the question I asked.
  9. Schaublin

    GOLD

    I read this and had some trouble following his thinking. Why pick 200 USD as a price? In the scenario that he predicts where physical will not be available at any price, presumably the paper contracts would fall to near zero as there would be no chance of delivery. At this point the published prices at Comex would be completely meaningless - indeed, how could any price be put out - when the whole thing had fallen apart?
  10. Schaublin

    GOLD

    I think the use of currency as a medium of exchange and gold as a long-term store of wealth should not be confused. Unfortunately, because of the short attention span of most people, currency is often used to store wealth. With real inflation factored in, ordinary interest bearing savings, dwindle in value but so slowly that most cannot see it - indeed, many think the money is earning them interest! The slowly boiled frog may soon however receive a nasty sudden rise in temperature which may wake him up enough to jump out of the pan!
  11. Schaublin

    GOLD

    For someone who has a position in gold, you have a curiously dismissive attitude to others who hold gold. By using the term' gold bug', you are assuming that all the 'bugs' think alike and as for inhabiting a parallel universe, is that the one that is exactly the same as this one but without you?
  12. Schaublin

    GOLD

    I think that 1300 USD is around the time that the dollar price of gold will be recognized more as a barometer of the teetering fiat system. My guess is that around 1600 USD will mark the point when the roller coaster tips over the edge. The self reinforcing loop of loss of confidence, higher gold price - leading to greater loss of confidence and so on. Those who sell at 1600 thinking that they have made a good 'profit' will no doubt be rather piqued when their profit turns to dust and they realise that they threw away the only chance they had of preserving their wealth.
  13. Schaublin

    GOLD

    How do you know it is not true? As I understand it, the BV trading bots offer less than another user would offer. I do not recall a representative of BV ever coming here to talk about their trading bots - only to reassure people that their gold would still be safe even after having taken on the Rothschilds as partners!
  14. Schaublin

    GOLD

    The quote is in italics - it is not me saying this - I am quoting from the link.
  15. Schaublin

    GOLD

    Don't you mean that BV have access to your dollars to invest as they wish and pay you zero interest
  16. Schaublin

    GOLD

    Someone there raised a good point about the 'buy in at the best price' feature - I also thought it was a cynical trick to play on newbies. I closed my position there some time ago and feel better for it especially after the new 'partners' moved in. https://www.kitcomm.com/showthread.php?t=67184&page=3 PS. I'm sure this won't affect you, but the "wizard" on their website which is designed to help noobs trade on their exchange is nothing short of a scam. I believe users have a reasonable expectation that this programme will get them the best price available, but it absolutely does not. If you use it, you are trading directly with BV (they don't tell you this) and they basically rape you. I complained to them about it, and was ignored. Another reason not to use them.
  17. Schaublin

    GOLD

    GOM, I am sure there are many who have followed your links - guests as well as members. The guests cannot, of course, say thanks but just for the record; Thanks for the good links!
  18. Schaublin

    SILVER

    Me too - I would use some of mine to buy some land.
  19. Schaublin

    GOLD

    Realistbear contra-indicator alert on HPC. http://www.housepricecrash.co.uk/forum/ind...howtopic=151192 RB I am remaining in cash waiting for a cheap house to buy then I am not going to worry about investing. I don't know whether to laugh or cry.
  20. Schaublin

    SILVER

    If you think that silver is massively under- valued, the VAT issue would not put you off. Gold IS insurance. The idea of betting that it will be stolen with an 'insurance' company (and letting people at that company know that you have it) is one of the most foolish things I have read on this site for some time.
  21. Schaublin

    SILVER

    Is that in weight or fiat values?
  22. Schaublin

    GOLD

    It's all in the terminology. When you buy Dollars with Pounds, you are also selling Pounds for Dollars When two fiat currencies are swapped, it becomes quite clear that the buy/sell teminology is purely arbitrary. If You lived in the UK and were used to measuring value in Pounds, you would tend to see the commodity as dollars and the 'real' currency as Pounds - and vice versa. When it comes to gold, when you think you are buying gold , you are in fact selling paper currency and when you think it is time to 'sell' your gold, you are in fact buying paper currency (the reason for this is that gold is timeless and the ultimate representation of money) the only reason to do this would be if you believed the purchasing power of the fiat currency in the future would be greater. Given the decline of the West, it is difficult to envisage how that could happen.
  23. Schaublin

    GOLD

    Not too sure about that. I would guess that there is still plenty of gold jewelery about and perhaps the current 1200 USD fiat price has captured a lot of it but some of that remaining gold can still be teased out of weak hands with a higher fiat price. At some point in the future, only a complete fool would swap gold for fiat - when they run out of fools, then the ads will cease. Edit: sorry, I mis-read your post - I thought you had said the ads had stopped now. Yes, agree!
  24. Schaublin

    GOLD

    Some very well-made points - especially about the UK and US being most likely to steal from its citizens. I also, hold FOFOA in high regard and have read what he has written about confiscation but had assumed he was talking about something similar to the US in 1933. Allocated bullion storage is something rather different IMO.
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