nicejim

If you allow a government to stamp "£100" on a gram of gold then you allow it to stamp "£200" on a gram of gold. If the gold has "1g" stamped on it then we all know where we are. Edit: I'm forgetting that £ originally meant lb and is merely a fancy L with a line through it. If grams become the new currency and the people are not educated about the history of currency then they will see a fancy G with a line through it on their bank statements in the centuries to come!

He was buying on the way down and selling on the way up. The direction of the movement is technically unimportant, the important thing is that you do your largest transactions at what you think are the low points and the smallest at the high points. However, if you're trading in a bull market (and why wouldn't you?), and especially in a gold one, then you'd want to be left in the market when it decides just to keep going upwards. Perhaps he made money from the swings in the "energy field" but he'll be in dollars when we surge to $1400.

A property-owning democracy looks rather inferior to a money-owning autocracy. If the Chinese own China and the British own Britain but the Chinese have all the money, did we buy our country from China?

Dealer: Certainly, Sir. We had a new delivery of Sovereigns this morning. May I ask your name please? GOM: Susan.

And <£10k/year from the same dealer IIRC. If you drop your gold over the side of your dinghy then there is no cgt. It might be best not to claim a tax loss though

I don't know the lettings market but I do know someone whose luxurflat has become a "Buy To Live" rental. They had no trouble finding new tenants over the summer once they found a decent agent. They didn't manage to hike the price up but were more concerned with having an income than having a big income. It's near the hospital so is popular with doctors, and is bigger than the average 2-bed. Not that I keep up with local goings on very much, but there aren't any local factors I can think of other than a new university term. Don't students expect more these days as the loans make them "more affluent"?

Very interesting. Is that Nottingham, as per your profile, or is that where you're moving from?

January's CPI number was 108.7 and August's was 111.4. Even with no change in the index there is 2.48% in the cake.

How about this for playing the gold:silver ratio. If it goes below 50, bide your time but buy if it goes back to 51 If it goes below 45, bide your time but buy if it goes back to 46 etc This way you could still have all your silver at 20:1 and only risk a small amount of the gains you'd make if you picked 50, 45 etc as buy points.

It pays not to get complacent. After all, there was a $6 smackdown in gold this morning

I'd suggest he was talking about himself but the word "assets" clearly rules out that possibility.

An offset mortgage is becoming more valuable every month.

That reminds me. Arrrrrrrrrrrr... http://www.talklikeapirate.com/ And we'd each need an official "Not A Paedo" certification in case we went there twice in a blue moon. Wherever did he get that idea from? And what might be buried in his Daddy's garden? Maybe teaching the kids about gold should be left until they're a bit older.

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Welcome. Dr Bubb's MSI (Manic Swings Indicator) thread could help you here if you want to trade short-term changes. Generally speaking, if inflation is the driving force then you should sell gold for silver and do the reverse when deflation is taking hold. http://www.greenenergyinvestors.com/index....c=7508&st=0 For longer term trading, look for a ratio of 50, or maybe 35, to start moving into gold. http://gold.approximity.com/gold-silver_watch.html Edit: I see RH beat me today. Not sure about the verbiage this time

The difference is the variable VAT rate for German delivery. Currency: Euro Destination: Germany VAT on Silver Koala 1kg 2009: 7% VAT on Bullion bar 1kg: 19% Currency: Euro Destination: UK VAT on Silver Koala 1kg 2009: 15% VAT on Bullion bar 1kg: 15%

“What is fascinating is the extent to which gold still holds reign over the financial system as the ultimate source of payment,” Greenspan said. Fascinating that nobody wants to play his game anymore? Not particularly.

No surprises, Moneyweek is still bearish. http://www.moneyweek.com/investments/prope...fall-93707.aspx

One could also say "British state endorsement of 2-bed apartments as good investments means the country can no longer afford to let property prices drop by any significant amount." The Chinese are probably better placed to put a bottom on gold of course.

On its way to 969 judging by that picture. I can't remember what I was doing when I first saw gold over $1000 but I'll never forget seeing him break that record. The whole pub went silent. $1000 isn't really very special, but it's fun.

g:s < 60 woooo

£9.96. Buy the dips!

Negative interest rates in UK? http://www.telegraph.co.uk/finance/economi...s-hoarding.html

17 for most of it. I was 17 for most of 1992 and had no idea of the reasons for and the meaning of the UK's departure from the ERM, and it didn't feature in my economics degree the next year either. The parallel is that Bernanke would have started his in 1972. And we both played saxophone To be fair, he was probably a bit more committed to his studies before, during and after our degrees. He taught himself calculus whereas I couldn't even teach myself to smoke.

ETFs can be held in an ISA (for the UK) so when you quadruple your GBP wealth between now and March (!) you don't get taxed on the gains.