dietcolaaddict Posted March 5, 2008 Report Share Posted March 5, 2008 i'm sure there are 100s pf lurkers at hpc who wd come here if they knew the url... You can google to this forum, just put in "gold" and a few familiar usernames and up the url comes. Link to comment Share on other sites More sharing options...
Pluto Posted March 5, 2008 Report Share Posted March 5, 2008 After selling UK's gold at the lowest price for decades, the fat and incompetent world's best rogue trader, Gordon Brown, has decided to hi-jack the GOLD name for one of his cocker maimy schemes. I as a citizen object profusely: http://www.marketwatch.com/news/story/uk-t...3D811F094D82%7D The proposed "gold standard" seal would be reserved for groups of mortgage-backed securities made up of loans that meet higher standards of creditworthiness and quality thresholds, the Financial Times reported Wednesday. A good fiction writer couldn't make some of this stuff up himself. Link to comment Share on other sites More sharing options...
marmite Posted March 5, 2008 Report Share Posted March 5, 2008 What are peoples thoughts on pre 1947 50% Silver Bullion, shillings, sixpences, crowns etc It really seems the cheapest way to buy silver bullion in the uk as you can always get it for spot or just under. There is also no chance of picking up some fake chinese bar of silver as its all easily recognisible english coinage. No VAT like britannias. eagles, maples etc. Was wondering on what a refiner would give you for it. What are the costs to them to remove the 50% that isnt silver. Link to comment Share on other sites More sharing options...
Pluto Posted March 5, 2008 Report Share Posted March 5, 2008 What are peoples thoughts on pre 1947 50% Silver Bullion, shillings, sixpences, crowns etc It really seems the cheapest way to buy silver bullion in the uk as you can always get it for spot or just under. There is also no chance of picking up some fake chinese bar of silver as its all easily recognisible english coinage. No VAT like britannias. eagles, maples etc. Was wondering on what a refiner would give you for it. What are the costs to them to remove the 50% that isnt silver. Excellent idea. Also has a slight numismatic value to them. Link to comment Share on other sites More sharing options...
No6 Posted March 5, 2008 Report Share Posted March 5, 2008 After selling UK's gold at the lowest price for decades, the fat and incompetent world's best rogue trader, Gordon Brown, has decided to hi-jack the GOLD name for one of his cocker maimy schemes. I as a citizen object profusely: http://www.marketwatch.com/news/story/uk-t...3D811F094D82%7D The proposed "gold standard" seal would be reserved for groups of mortgage-backed securities made up of loans that meet higher standards of creditworthiness and quality thresholds, the Financial Times reported Wednesday. A good fiction writer couldn't make some of this stuff up himself. Gold standard mortgages. Just in time for the crash. You couldn't make it up. Link to comment Share on other sites More sharing options...
Billy Posted March 5, 2008 Report Share Posted March 5, 2008 Gold really wants to close at an all time high today. That will be bullish for tomorrow. It seems the market didn't like the ambac deal, it seems there are only two banks as backstop. Don't laugh - Barclays and Citi. I kid you not, some of this stuff you can't make up. The same turd names crop up all over the place. Silver taking no prisoners today and what about that yuckie black stuff - oil. 5% today. The masses are going to have to MEW to fill up soon. barclays and cit, what a joke, they are both zombies walking hey, what is MEW? never figured that out BTL buy to let, STR, sell to rent (what i did), MEW? Link to comment Share on other sites More sharing options...
marceau Posted March 5, 2008 Report Share Posted March 5, 2008 Excellent idea. Also has a slight numismatic value to them. Speaking of coins, I see coininvestdirect have pulled their offer on silver philharmonikers. Wish I'd spotted that one sooner, I was hoping to pick up a whole lot more. Link to comment Share on other sites More sharing options...
Pluto Posted March 5, 2008 Report Share Posted March 5, 2008 Gold standard mortgages. Just in time for the crash. You couldn't make it up. First he sells our gold then he uses the name for mortgages that are going to be tomorrows repos. Everyone with 1/4 of brain knows the Gold standard implies backed by gold. I would like to know what or who is the "GOLD" in the gold backed mortgage? Is it the bank of Northern Rock. Maybe the buffoon thinks the rock in Northern Rock is made of Gold. It used to be Rule Britannia; now it is Insanity Rules. Link to comment Share on other sites More sharing options...
Pluto Posted March 5, 2008 Report Share Posted March 5, 2008 barclays and cit, what a joke, they are both zombies walking hey, what is MEW? never figured that out BTL buy to let, STR, sell to rent (what i did), MEW? MEW Mortgage Equity Withdrawal. It used to be called a second mortgage. Now it has a flashy name to give it some sexiness to attract the debt addicts. Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 5, 2008 Author Report Share Posted March 5, 2008 Dear GoldThreadII members........ I do however have a job that puts me in touch with an excellent spectrum of ‘UK Joe Public’, be it rich or poor, educated or not. I shall try and contribute with any info on the sentiment of the UK public towards investing in gold. I believe the drivers of the market will change as ‘global Joe Public’ starts getting in on the action in the post $1000 media spotlight. ... Keep us posted! And don't drink too much of this stuff. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted March 5, 2008 Report Share Posted March 5, 2008 All together now....... I Get Knocked Down, but I get up again..... http://youtube.com/watch?v=OLxk2zryQTQ&feature=related Is this our theme tune ? Link to comment Share on other sites More sharing options...
No6 Posted March 5, 2008 Report Share Posted March 5, 2008 First he sells our gold then he uses the name for mortgages that are going to be tomorrows repos. Everyone with 1/4 of brain knows the Gold standard implies backed by gold. I would like to know what or who is the "GOLD" in the gold backed mortgage? Is the bank of Northern Rock. Maybe the buffoon thinks the rock in Northern Rock is made of Gold. It uses the be Rule Britannia; now it is Insanity Rules. Perhaps you get a gold plated plaque from the bank telling you that you are the proud owner of a Gold Standard mortgage. Northern Rock's will come with a Government guarantee no doubt. Link to comment Share on other sites More sharing options...
Pluto Posted March 5, 2008 Report Share Posted March 5, 2008 Perhaps you get a gold plated plaque from the bank telling you that you are the proud owner of a Gold Standard mortgage. Northern Rock's will come with a Government guarantee no doubt. The BoE can't lower rates to help the housing market any more. LIBOR is not cooperating. The market wants to set the mortgage rates. Last time they dropped rates LIBOR spead widened. They are stuck, that is why they are coming up with all these schemes to get the CDO market flowing again. But the CDO market is not buying any more turd debt, even if they package it up with a fancy ribbon and give it a GOLD name. They must think the market is stupid. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted March 5, 2008 Report Share Posted March 5, 2008 Well, that paid for the commission and some from yesterday Looks like I picked $19.5 pretty well spot on. Link to comment Share on other sites More sharing options...
Billy Posted March 5, 2008 Report Share Posted March 5, 2008 MEW Mortgage Equity Withdrawal. It used to be called a second mortgage. Now it has a flashy name to give it some sexiness to attract the debt addicts. aha, cheers! Link to comment Share on other sites More sharing options...
Pluto Posted March 5, 2008 Report Share Posted March 5, 2008 Well, that paid for the commission and some from yesterday Looks like I picked $19.5 pretty well spot on. Silver went an a tear today. It was possessed. Link to comment Share on other sites More sharing options...
Billy Posted March 5, 2008 Report Share Posted March 5, 2008 First he sells our gold then he uses the name for mortgages that are going to be tomorrows repos. Everyone with 1/4 of brain knows the Gold standard implies backed by gold. I would like to know what or who is the "GOLD" in the gold backed mortgage? Is it the bank of Northern Rock. Maybe the buffoon thinks the rock in Northern Rock is made of Gold. It used to be Rule Britannia; now it is Insanity Rules. it's quite disgusting we have a snot-gobbling rocking horse riding nappy wearing paedophile protecting bisexual who is afraid to come out with a beard for a 'wife' allegedly running our country http://images.google.com/imgres?imgurl=htt...s%3Den%26sa%3DN all is reveled at the guido fawkes blog Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 5, 2008 Author Report Share Posted March 5, 2008 IMO When it hits the news big time we're into phase two. We're still only at the beginning. Now where's that speculative bubble chart knocking around? Link to comment Share on other sites More sharing options...
HPCSucks Posted March 5, 2008 Report Share Posted March 5, 2008 Gold really wants to close at an all time high today. That will be bullish for tomorrow. It seems the market didn't like the ambac deal, it seems there are only two banks as backstop. Don't laugh - Barclays and Citi. I kid you not, some of this stuff you can't make up. The same turd names crop up all over the place. Silver taking no prisoners today and what about that yuckie black stuff - oil. 5% today. The masses are going to have to MEW to fill up soon. Big moves. This is no bubble. It's going to runaway with itself soon IMO. Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 5, 2008 Author Report Share Posted March 5, 2008 On another note, my mother in law (who lives in the US) recently told my wife on the phone that a befriended elderly woman told her that the price of gold was almost $1,000. Now, if the grannies in the US already start talking about this... Link to comment Share on other sites More sharing options...
marmite Posted March 5, 2008 Report Share Posted March 5, 2008 Hi GF, In your opion where on the speculative bubble chart are we at this moment in time ? Link to comment Share on other sites More sharing options...
notanewmember Posted March 5, 2008 Report Share Posted March 5, 2008 Is this good enough ? 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! Link to comment Share on other sites More sharing options...
Pluto Posted March 5, 2008 Report Share Posted March 5, 2008 GF, where do you think we are on your chart? I not sure the institutions have even started to accumulate gold. Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 5, 2008 Author Report Share Posted March 5, 2008 OK here is the question. Does gold retreat to the 800s like oil did when it breached 100 (oil went back to 88)? Or does it hit every newspaper and news show around the world and quickly run-off to 1,200? That's a tough one.. I don't care too much. It is clear that there will be major rumbles around $1,000-$1,050. However, I think that there is MAJOR support at gold $800 and silver $15. Depending on how early people got in, this is VERY reassuring and they can weather the storm. Link to comment Share on other sites More sharing options...
tl8177 Posted March 5, 2008 Report Share Posted March 5, 2008 Hey nice to see all you here and the spirits haven't been dampened by the HPC squabble. I cant be bothered with that place anymore. Well for gold, tomorrow might be a special day Link to comment Share on other sites More sharing options...
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