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kkeegan123

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About kkeegan123

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    Centurion
  1. kkeegan123

    UK House prices: News & Views

    This comment makes me think you've pretty much made up your mind on what to do, you can't beat having a financial cushion. I'm sure I've seen some 90% LTV loans fixed for 5 years. I was initially looking at 10 year fixed loans at 75% LTV, but decided that I'd rather hold onto more of my PM's than worry about where we will be a decade from now. JL
  2. kkeegan123

    SILVER

    Sorry, wrong link in this post. Here's the article.
  3. kkeegan123

    GOLD

    Bank of Korea Increases Gold Reserves by Massive Nearly $1 Billion or 39% in November Alone So, 15 metric tonnes of gold for US$850mn.. It's a deal, it's a steal, it's sale of the f'ng century.
  4. kkeegan123

    SILVER

    Coeur would mull holding silver over cash, says CEO Keep up the good work Eric...
  5. kkeegan123

    SILVER

    Indeed, when it comes down to having to sell some PM's to buy a house...the gloves come off.
  6. kkeegan123

    GOLD

    I prefer full sovereigns or 1 oz coins, I guess fractionals, 1/4 and 1/2 sovereigns may be easier to sell when gold reaches say $3-4000 oz, but I don't think this is a medium term concern. Buy whatever gives you the most bang for your buck IMO.
  7. kkeegan123

    GOLD

    FWIW, if your buying in sterling for a long term hold, then I think your downside risk is minimal. The GBP has held it's value remarkably well, gold is about 10% off it's highs and sovereigns have enduring appeal. Yesterday, I took delivery of a 2012 Proof Gold Sovereign from the Royal Mint. I normally buy bullion sovereigns, but I can't resist the one-offs, now have proof 1989, 2002, 2005 and 2012 sovereigns. http://www.royalmint.com/Annex/Sovereign/The-2012-Gold-Sovereign.aspx?src=hm_SmallBanner_2012Sovereign?promcode=W12G&gclid=CKro8PiX4awCFQUhtAodlw31ow
  8. kkeegan123

    SILVER

    Try this, Kapouille. When your searchng for property, draw her attention to/view houses that are slghtly above your price bracket, rather like when EA's always send details of properties that are more expensive than you stipulated. She wlll quickly become disillusioned with property you can currently afford and you can then plant the seed along the lines of "Look what we could buy if we wait for prices to fall further/save a larger deposit etc" If all else fails, send her over to HPC....if she still wants to buy after a few hours over there, you may as well throw in the towel. Edit; Sorry, Warpig already suggested 'settng your sights too high'.
  9. kkeegan123

    SILVER

    Quite a lot more by the looks of things.... Here Comes The Global, US-Funded Liquidity Bail Out
  10. kkeegan123

    SILVER

    Thanks, d2thdr. BTW, can you share your thought process for moving from silver into gold with the GSR being where it is? I took delivery of a 2012 Proof Gold Sovereign from the Royal Mint this morning. I normally buy bullion sovereigns, but I can't resist the one-offs, now have proof 1989, 2002, 2005 and 2012 sovereigns. Didn't get any brownie points with Mrs JL though, she made a quip long the lines of "Aren't we supposed to be saving for a deposit?" http://www.royalmint.com/Annex/Sovereign/The-2012-Gold-Sovereign.aspx?src=hm_SmallBanner_2012Sovereign?promcode=W12G&gclid=CJX-q5ix3qwCFQEMfAodmFeEhw
  11. kkeegan123

    SILVER

    I'm trying Warpig, but the force is strong in Mrs JL. Even my powers of persuasion may not be enough. Fortunately, Mrs JL is extremely picky in regards to her nest, so I'm thinking 6 months minimum.
  12. kkeegan123

    SILVER

    I wouldn't exactly say I'm bearish, I just can't see my way forwards. I'm tired of these games, the red pill sucks and real life events are starting to trump monetary considerations, meaning Mrs JL has blessed me with a bouncing baby boy and her nesting instincts are strong. Some metal will have to be converted to fiat for a deposit soon and I'm looking for an interim top. I think a big plus for silver moving forwards, is that it may not be subject to quite the same heavy-handed, draconian legislation as gold.
  13. kkeegan123

    SILVER

    Lets hope his right. Personally, I won't be holding my breath. The manipulation in the silver market is absolutely blatant and disgusting, I'm hoping Sprott will give the Morgue a bloody nose, but I doubt it. The CME (den of thieves) have finally defined a SWAP (I thought they would drag that out for longer), so Frank-Dodds position limits should come into effect soon, but I understand from Turd that there are exemptions for the large position holders. The rulebook has been thrown out of the window, how can TA be applied to charts that are painted by Blythe and her monkeys? If they take their eye off the ball/allow silver to get anywhere near $50, the shorting pressure will be immense and the buying pressure will have to be staggering to punch through the resistance. If we can get through $50, short covering could drive it up to $75 though. I just don't know, Warpig. I'd be tempted to bail out at 50, for a 4 x bagger and into gold for the long haul. Yeah, I'm pissed, I shouldn't be because I brought all my silver in 2007, but it's the principle of the thing. Will silver ever be allowed to be 'let go' who knows?
  14. kkeegan123

    SILVER

    Did JP Morgan Just Convert 614,000 Ounces of MF Global Clients' Silver into JPM Licensed Vaults? http://silverdoctors.com/ The plot thickens...
  15. kkeegan123

    UK House prices: News & Views

    That's true, we have a good crcle of friends in the town and it would be a nice area for my son to grow up in. If our Landlord served notice it would put us in a really awkward position, so we have decided to be proactive and buy for the longterm. Needless to say my wife is delighted. Selling some of the PM's for a deposit hurts, but it's amazing how having a child puts things in perspective, it's like my lifespan has suddenly doubled and I now have to plan for his future and wellbeing. He will inherit the family home, so at least he won't have to be a debt slave like me. A small sacrifice really. BTW, thanks for all your kind regards and congrats JD
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