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Crashman begins

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Posts posted by Crashman begins

  1. Me & mrs crashman bought as 1st time buyers

    In 2011

     

    Saw more QE on the horizon and knew prices would be stronger now.

    We missed the 2008 bottom of this area by months.. That's how fast it recovered.

    Bought at 2005/2006 prices.

     

    Still have a position in bullionwhich will be used one day to pay off

    Mortgage or for a buy to let ? Who knows ,

     

    Bought at the bottom of a very desired wealthy area on west London

    .i figured If you can't beat Em join em, & let them shelter you from negative equity.

     

    Not bad for a curious 24 year old sheep who found HPC in 2004.

  2.  

    On that same estate now many of the houses have brick walls with wrought iron fences and gates - and bloody great 4x4s everywhere. Drug dealing and crime certainly does pay.

     

    I could not tell you to what extent the whole area is now one big chav infested shitehole with almost none of the original inhabitants left. From my peer group, almost everyone got out of there.

     

    Hayes and surrounding areas are not as wealthy due to drugs and crime, as you might think.

     

    Remember many non western familys live around Hayes and many were into buy to let very heavily in the 90's well before buy to let became a mania.

    They seemed to have a good understanding of fiat money

    And gold is part of their culture.

     

    I wonder if they swapped gold for property in the 70's etc ?

     

    I could introduce you to multiple family's who have benefited from multiple rentals and own businesses.

     

    Seeing their offspring driving around in top of the fange vehicles

    Is something that often left me baffled as a kid.

     

    How could the locals of a " poor area " have more wealth than many of the other upper class local areas , and further.

  3. Birth of Britain

    Season 1 Episode 3 of 3

     

    Tony Robinson goes in search of the UK's gold, visiting mines in Wales and Northern Ireland, and trying his hand at panning for the precious metal in Scotland. He also explores the geological events that came together to produce the deposits. Last in the series.

     

    Documentary

     

    Channel 4 8:00pm-9:00pm (1 hour ) Mon 31 Jan

     

    Watching now.

     

    Years ago you wouldnt see this on tv at all. Every time he says Gold I get a warm feeling inside :P

  4.  

    http://www.usaliveheadlines.com/2556/us-mi...al-campaign.htm

     

    US Mint record sales due to Crash JP Morgan, Buy Silver Viral Campaign?

    Posted by Joel Mackey on November 19th, 2010

     

    In what seems to be quite a surprise to many watching the US Mint is reporting record sales numbers of 2010 American Eagle Silver Bullion coins this November. The last record was set in May of 2010 with a sales number of 3,636,500. This November the United States Mint under the authority of the U.S. Department of the Treasury has sold over 3,775,000 1 ounce Silver American Eagle coins

     

    Recently Max Keiser launched a YouTube & national TV viral campaign to force a crash of JP Morgan by encouraging Americans to buy silver in the physical form. Max Keiser stated in his official video launching the viral campaign:

     

    All you have to do is buy one silver coin, maybe two silver coins and demand physical delivery of that silver thus forcing JP Morgan and these other financial terrorists to have to cover their negative bets and put a company like JP Morgan in bankruptcy.

     

    There is no way JP Morgan can cover their liabilites if we all buy one silver coin and demand physical delivery. Put JP Morgan a financial terrorist out of business, Buy Silver.

     

    Whether people are listening to the advice of Max Keiser or whether they are scared to death of the current state of the economy remains to be seen. No matter how you look at it, Silver sales are up and the price of silver is still climbing. According to Kitco.com the 24 Hour Spot Price of silver is $27.35 an ounce. Have you bought your silver yet? It’s time to stock up for family Christmas gifts and to invest and protect your money.

     

    2010 Silver Sales Totals

    (in ounces / number of coins) Month One

    ( oz. / #coins )

    January 3,592,500

    February 2,050,000

    March 3,381,000

    April 2,507,500

    May 3,636,500

    June 3,001,000

    July 2,981,000

    August 2,451,000

    September 1,880,000

    October 3,150,000

    November 3,775,000

     

    Total 32,405,500

     

  5.  

    http://www.examiner.com/finance-examiner-i...mmodities-again

     

    The Chicago Mercantile Exchange (CME) raises margins on commodities again

     

    The Chicago Mercantile Exchange (CME) is continuing its assault to stem the speculation on commodities that threaten to go parabolic due to the Fed's QE2 and subsequent inflation.

     

    Last week, silver took a plunge immediately after the CME raised margin rates 30% from $5000.00 to $6500.00, and it is affecting other commodities such as copper as well.

     

    Today, the CME is again raising the margin rates and this is explained by Tyler Durden of Zerohedge.

     

    If at first you don't succeed at killing the higher beta stock short hedge, try again. The CME has just raised its margin requirement on silver again, bringing maintenance margins up from $6,500 to $7,250, after hiking it less than a week ago for the first time and preventing silver from surpassing $30. Of course, why the CME is raising it more after the spot price of silver is now far lower than where it was at the first raise is a good question, but is most certainly due to the exchange's "risk mitigation" concerns, and has nothing to do at all with the intent to continue killing PM prices. Far more importantly, the CME has finally relented and also raised gold margins, as we had expected. The new maintenance margin is up from $4,251 to $4,500, a minimal increase just to allow the CME to have the option (and making speculators well aware of this) of hiking rates again at any point it so chooses. All in all, all is now fair in fighting excess record liquidity. Look for a second round of imminent margin hikes in cotton, sugar, coffee and wheat, as the exchanges are suddenly very concerned about what retail margin collapses may mean for the non-existent wealth effect.

     

    One of the lesser speculations on why the CME is doing this is tied to the Federal Reserves fear of inflation and rise in commodities because of QE2. The new margins ironically will have little effect against the silver shorts such as JP Morgan and HSBC, but will cause a slowdown of metal longs and allow the manipulation by the banks to keep on running B).

     

  6. Some times CID advertise Heraeus and then supply Umicore bars, but this is unusual.

     

    Having said all of that, if you don't mind the additional premium and you are concerned about being able to resell them, no one would question the authenticity of the 1KG coins as GF suggests. The level of detail/precision in some of them is quite impressive.

     

    Yes that happened to me, received a Umicore bar from them.

    May diversify a bit then & purchase a 1KG coin, saw some pics of them on GEI & was impressed.

     

    I guess my main concern was that without serial No's / certificates will people be more cautious?

     

    Just out of curiosity what is the serial NO on bullion actually used for ?

    Can dealers search a database for authenticity, is it used for tracking ?

  7.  

    Anyone been buying the Coin invest direct Heraeus bars ?

     

    They work out be the cheapest Kilo bars around, but im now thinking I should buy some more popular (Umicore etc) bars that have serial No's / certificates ? as they'd be recognised / easier to sell. Any opinions ?

  8. I believe we are now entering a dangerous time when the people that control the system will start to resort to direct intimidation and violence against any threat to their power.

     

    Crashman Begins posesses absolutely no bullion paper or physical.

    Any comments made regarding possession / investing are purely speculation / peer pressure.. and are weak attempt to keep up with the Jones's / seem cool B)

  9. This is an extremely interesting read, lot's of anecdotal, so if you tend not to like anecdotal then don't read it.

     

    https://www.kitcomm.com/showthread.php?t=67211

     

    It follows on from some of those recent vids I posted.

     

    Daystar's comment (3rd post) is very interesting & also post number 7 imo. You need to be well read in the right areas to understand this though. Enron style accounting was all lost in building number 7 you know, handy that. I wonder how they will lose the paper trail this time ?? ;)

     

    FROM Grumpys link:

    Arcturus Arcturus is offline

    Member

     

    Join Date: Jan 2010

    Posts: 144

     

    And why did wilie have to bring up bldg. 7? Does he think JPM staged the whole 911 tragedy to hide gold and silver manipulation? IMO he lost a lot of credibility with a lot of people there.

     

     

    There was also an office destroyed in the pen-tagon that related to precious metals... its on Reinhardts site, (Down at the moment)

  10. QUOTE (grumpy-old-man @ Sep 17 2010, 12:46 PM) *

    sorry if its already been posted:

     

    http://www.zerohedge.com/article/guest-pos...s-just-shrugged

     

    Submitted by Adrian Douglas of GATA

     

    Adtlas Just Shrugged

     

    On September 15 former Federal Reserve Chairman Alan Greenspan made a speech to the Council on Foreign Relations. Some very interesting comments he made with respect to gold in response to a question were reported in an editorial in yesterday's New York Sun, "Greenspan's Warning on Gold":

     

    http://www.nysun.com/editorials/greenspans...g-on-gold/87080

     

    On this occasion Greenspan, who has been famous for gobbledygook that leaves the audience guessing what he meant, did not mince his words. He said, "Fiat money has no place to go but gold." ohmy.gif unsure.gif

     

    FIAT COATED WITH 24K GOLD

     

    I'll get my coat

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