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Wanderer

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  1. Sorry. I know it isn't really adding to the debate, but really.... http://www.thesun.co.uk/sol/homepage/news/3705851/3bn-gold-yacht-is-worlds-most-expensive.html Has Goldfinger been splashing out?
  2. OK, if no-one else can be bothered.... 1304 and counting
  3. If you look VERY VERY carefully at CID then, from time to time, they get their VAT rates wrong and it is possible to buy silver at 7% VAT. Just now and again.... :-) Don't know why people buy from Sarnia, even with no VAT it still seems cheaper to pay the VAT and buy at CID as their pre-VAT price is so much cheaper. (This is especially true if the VAT is 7%!!).
  4. +8.50. Ignition sequence in operation?
  5. At home today. Couldn't help checking Kitco and noticing a little 'rocketing' going on.... $1265!
  6. Wow, Azazel, that is quite amazing. Where in SW England are you roughly? Renting is a no-brainer for you... We were doing the maths the other day and of course it is even more in our benefit than the figures suggest AS LONG AS HOUSE PRICES STAY STATIC OR FALL. We pay no buildings insurance, we pay no maintenance costs (and in a 400 year old house these are several!) and we have a couple of hours of gardener a week provided. We're happy! (though we hope they'll fix the few little roof leaks soon... :-) )
  7. Interesting. My rent is one 413th of the asking price our landlady couldn't sell her house for until we rented it this August. Can anyone beat that?
  8. Must agree that UK is in that 'sweet spot' between announcing reductions in spending (and so getting the credit for them from optimistic markets) and actually carrying them out (with all the associated pain and loss of political capital). In reality, the axe hasn't even begun to swing yet. The scale of what is required to carry out 25% cuts is enormous. Every project that gets mentioned in the papers comes with complaints from each lobby: be it aircraft carriers, troop numbers, schools buildings, hospitals, public sector pensions, arts budgets, embassy closures etc. The only thing I've not heard complaints about is housing benefit cuts. Once the axe begins to fall (coincidentally around the time that Labour will get a new leader) then we'll see genuine testing of the political resolve of the new Government. Cracks in that resolve will hurt the pound no doubt. As an aside cuts to housing benefit may have an enormous impact on the housing market. As I understand it, under the current system you, my friend Mr A may be unemployed and on housing benefit and you can agree to rent a house from me, Mr B, for £X00. Now £X00 may be £Y00 more than the going rent but the housing benefit people don't query it too much. DHSS pays your rent to me and I might even feel inclined to give you half of £Y00 for being part of the scam. Isn't that more or less the £2000 a week asylum seeker story? I had conversations about that with my team this week. None of my team earn over £25,000. Seeing someone getting paid £2000 a week housing benefit means it is more difficult to motivate them to work for that amount per month (before tax)....
  9. Dr B, I suspect this little (2 and a half minutes) video of 'living small' will be up your street if you haven't seen it already.... http://vitality.yahoo.com/video-second-act...shafer-20910192 Wanderer
  10. Anyone out there? Now down almost 80% and feel can't do worse than to hold onto it. Worth buying more?
  11. Try CID (of course) or Weighton (sp?) Coin Wonders - the latter do 'lunch boxes' of coins...
  12. Gold - you gotta love those $20 bumps down from time to time. Just don't drink coffee while you check the price....
  13. You'd be surprised how little space you need for a tonne of gold. After all, it is only about 85 London Good Delivery Bars and they're not very big. Could fit it all in a suitcase in your attic. Now, where's your $50m?
  14. A metric tonne (1000kg) is worth 40,000 dollars x 1000kg = a mere 40,000,000 (that's $40million dollars to you - or c.£27m) - or about a third of a Eurofighter. So the US's gold c. 8300 tonnes is worth about 8300 x $40m = a snip at $332billion dollars or £200bn odd quid. Or, to put it another way, for less than half the cost of the TARP you could have bought the entire US gold stock... If you want a ton, I've got one for you, but I don't have change for a $50m note....
  15. FT is reporting Saudi holdings of gold at all time high too....
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