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Sharaf
Reputation Activity
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Sharaf reacted to Abyss in Three Kilo+ Milestone Reached
2 years, 4 months, 6 days as a Forum member and investing in PM's I have hit three kilos of Gold milestone now breached 👍
With thanks to the wider Forum 🙂 and The European Mint where I have purchased a large majority of my Queens Beast coins.
I have had to sell large proportion of my Silver and part of my Gold stack to finish off remaining 1oz Gold Queens Beast coins and a special thanks to everyone traded with me/provided help and advice:
@richatthecroft @Gordon @Kritika @Josh @silversky@Bizzle@AlphaBeast@SilverStan@MrScottsdale@kneehow2018@arshimo2012@Jamesd@Rugbyplayer@UKStacker@StackSellRepeat@Darr3nG @Downs523@Gildeon@woody65@Roy@louisfinlay@swanky@Neelam@Elements@db570uk@pyperb@GSTrading@RYAN05@Sharaf@Mox@GavinDevon@Airgead@BackyardBullion@Gabriel13@Jonno@jacksj1@Sparrowlegs4@Munzy247@brya0123@Disentme@newbysilver@Bambi7684@dicker@Airhead@juansanto7@adamthetaller@SilverDrum@Shazzam9@Jayjay@marco88@ram64@MuddyOfCoventry@Piggybank@GoldenEagle@Peet@SJones@Silverman2U@Poppy@DynamitesUK
All coins safely stored in non-banking private safety deposit box. Apologies lighting the photos were taken in the secure storage facility and I had 15 minutes access my safety deposit box due to covid restrictions.
5 oz Gold in Special Year Designs in bullion Britannia's
Drum roll please for the main attraction.......
100 oz Gold Queens Beast bullion coins
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Sharaf reacted to Paul in Gold Monitoring Thread £ GBP only
Just for the sake of easy back of the beer mat not set in stone maths, using random google generic search threads for ball park stats
" 1970s average house price - £4975 At the start of the decade the average house price was £4,975. By the end, that figure had quadrupled to £19,925. "
"In 1970, the average weekly wage was around £32. A loaf of bread cost 9p. A property could be bought in places for £4,975."
x£32 wage x x52 weeks = £1,664 yr or £138 a month
So, House was £4975 / £14oz = would cost you x355oz gold to buy
An annual wage £1,664 / £14oz = would get you x83oz of gold per year pay
Today, "The median annual earnings for full-time employees in the United Kingdom was approximately £30,035 thousand British pounds in 2019. "
As the market stands as of July 2019, the average house price in the UK was 233 thousand British pounds (£233,000). The highest.7 Apr 2020
So annual wage of £30,035 / current £1400oz = x21 oz gold salary
£233,000 house / £1400oz gold = costs you x166oz of gold now to buy
Was gold cheap then and houses expensive? are houses cheap now and gold too expensive? were we better paid in 1970 ? makes you think
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Sharaf reacted to Melon in GOLD DEALS - (UK & Europe) See a deal, post it here
Lads, make your life easier and stop searching! - http://goldprice.eu5.net/