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notanewmember

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Everything posted by notanewmember

  1. Been rumaging again - so far I cannot buy silver close to spot. There are a few sites that sell silver for the making of Jewerlry. Is it time to buy Silver ETFs? Will it gap up to the real price? Here is another site selling silver - http://www.cooksongold.com/category/Sheet/ £406.67 per KG sheet silver. £406.67 / 1000 = £0.40667 per gram 1 troy oz = 31.1034768 grams £0.40667 x 31.1034768 = £12.6488509 per Oz --> In dollars* = £12.6488509 x 1.9453 = $24.6058097 per oz Remember spot price for silver is $16.510 per oz *1 British pound = 1.9453 U.S. dollars Take off VAT at 17.5% $24.6058097 per oz x 0.175 = $4.3060167 $24.6058097-$4.3060167 = $20.299793 per oz Ask Spread 20.299793 - 16.51000 = 3.789793 % [3.789793 / 16.51000]*100 = 22.9% Phew - We'll need someone to devise a Excel sheet to do all this in a few easy steps!
  2. Worth looking at industrial suppliers of silver, you never know. Heres a start, Silver Rods http://www.advent-rm.com/items.asp?criteri...nenumber=AG5499 1 metre [1000mm] rods, weigh 824g, and cost £926 each. OR £1.12378641 per gram silver 1 troy oz = 31.1034768 grams £1.12378641 x 31.1034768 = £34.95 per troy oz. Ouch, expensive! I ll keep hunting.
  3. Gold to oil ratio is the lowest in over 30 years.
  4. Sorry - are looking to be making real profits. Big difference slip!
  5. They look to be a good buy at 60p, and are making real profits. Fingers crossed, it bounces from here for CEY holders.
  6. I m working on a simple trading plan just using 200D SMA. http://trading-with-simple-moving-averages...ple-moving.html Gold, good time to top up when we touch 200D SMA
  7. If they can guarantee another 24pt rise tommorow, get betting £1000 per point!
  8. The goverment are only allowed to give bad financial advise.
  9. 1973 and 1979 oil crisis written all over this.
  10. Either this is a once in a lifetime trade or I am completely wrong
  11. Well if experts are getting it wrong - its not a bubble
  12. I hope a solution is found soon for GEI. Perhaps this credit crunch has further reaching consequences than one could imagine. If i wake up and find we are gone then i ll have to find you all on HPc again
  13. Coal news May 27 http://www.bloomberg.com/apps/news?pid=new...id=ad6O8wHgGqZQ Newcastle Coal Exports Decline 18%; Queue of Ships Increases
  14. I was speaking to someone who remembers the last gold craze. I cant remember what year this happened, but Jewish dealers were buying gold off people by weight with their portable scales, in a gathering place on the streets of London. I can't remember the name of this street. Old grannies gave up their gold pieces for cash, BUT the dealers got even a better deal because they bought antique gold, which hadn't seen daylight for many years, it was worth far more than its weight in gold.
  15. OK, I suspect dealers are making good money, so can afford to pay for a advert in the nations main tabloid and near the front. It was odd because it was a independent retailer who could front the cost.
  16. I noticed on Thursday Sun Newspaper, there was a advert from Austin Kaye [www.austinkaye.co.uk] near the front of the paper, on page 6, they are paying "INSTANT CASH FOR YOUR UNWANTED GOLD - SELL NOW WHILE GOLD IS AT AN ALL TIME HIGH!" Questions 1. Why would they buy your gold if the gold pricecould fall? 2. Do they melt it down and sell it on ? 3. If these adverts are getting more common place is it time to SELL, BUY or HOLD? They buy any gold jewellery - says Krugerrands, Sovereigns etc.
  17. ETFS are new instruments -[how old is PHAU ?] for the multi year long, long term investor - avoid. They haven't been tested in the long term. I d only use ETFs as a short term trade to jump in and out of.
  18. You mean one of these that I have lying about? http://www.treasureclub.net/publichunts/conundrum/index.html Conundrum - The Cadbury's Creme Egg Mystery was a book by Don Shaw, and illustrated by Nick Price, released in 1983. The 12 paintings and accompanying verses contained clues to the whereabouts of 12 buried caskets. These caskets contained a 'certificate of ownership' with a telephone number which the finder called to claim an exquisite 22 carat gold egg created by Garrard, the crown jewellers. Each egg had a retail value in excess of £10,000 Other related links - http://www.solstice.dsl.pipex.com/mystery/conundru.htm - what happened to the competition http://www.amazon.co.uk/Conundrum-CadburyS...y/dp/B0015HNA1S - riddle book for sale ------------------ Look at the same stunt today: http://www.guardian.co.uk/media/2007/feb/2...etingandpr.food Monday February 26 2007 As a marketing promotion, it seemed like a splendid idea: hide a coin worth $10,000 in a well-known place, and tantalise treasure hunters by offering the finder a chance to win up to another $1m. But even the most well intentioned public relations plans sometimes come a cropper, and yesterday Cadbury Schweppes was forced to apologise for its "tasteless" stunt. Now what kind of a coin could be worth $10K ?? A gold numismatic coin!!! The word gold only appears later in the article..... Now someone tell me if gold is at the forefront of the public mind in the UK.
  19. Chinese used silver sycee for over 1000 years as money Interesting subject all on its own http://www.charm.ru/library/syceelist.htm Silver sycee were a major form of currency in Chinese history for a period of more than a thousand years. Silver was not the only precious metal used in ancient China (as a matter of fact, it was relatively more valuable then than now) but was also taken as an exchange media, e.g., Money. People used cash coins for smaller transactions and sycee for bigger ones. Therefore, sycee were considered the money of the rich and some of the poor never saw a sycee in their lifetime
  20. YES - LAST WEEK I M IN THE PORTSMOUTH AREA - WE VE HAD A BIG LEAFLET DROP. WHEN I CHECKED OUT THE ADDRESS IT WAS A RESIDENTIAL ADDRESS IN COPNOR/EASTNEY 3 MILES AWAY! WHY WOULD THEY WANT YOUR GOLD IF IT WAS TO GO HIGHER????
  21. We'll never have that physical problem thanks to the wonders of electronic credit and debit cards.
  22. Thanks for the graph - strange log axis hmm I havent read all this thread after page 14. I will put up scans of my Silver Jubilee book when I get in at the weekend... It will be Intresting to see actually historical pictures of what went on. A ship constructed by Cunard, I think it was the Queen Mary had to be halted and restarted two years later because the run on the £ was so bad. I ll put it up + graphs of gold price!
  23. Thanks #7334 post is what I was looking for. I didnt think much of the parabolic graph a few posts before it- ? Cannot be correct...
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