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DBCooper

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  1. Like
    DBCooper got a reaction from 20JMK20 in What will the price of Gold be (£/GBP) on 1st Jan 2022   
    A pure stab in the dark based on nothing more than gut instinct right now. But I am going to shoot for £1,765.32 on 01/01/2022 after an early Dec 2021 high of a shade over £1,800.00.
    After all gold historically tends to drops slightly in value in late Dec, in the run up to the new year.
    The Euro and USD will be dropping fast in value against the pound on 01/01/2022 
    Strong hands should hold every ounce they have right now and ride the coming year out is my humble opinion.
    Happy Christmas to all 
    Regards 
    DB 
  2. Like
    DBCooper reacted to Stacktastic in What will the price of Gold be (£/GBP) on 1st Jan 2022   
    Gold £2,700 / oz
    Silver £34 / oz
    Platinum: £1,300 / oz
    Copper £7-8 / oz
    Bitcoin £0.00 banned/security issues/superseded by governmental currency.  

    How I got to that? I guessed. 😛
  3. Like
    DBCooper got a reaction from Paul in What will the price of Gold be (£/GBP) on 1st Jan 2022   
    A pure stab in the dark based on nothing more than gut instinct right now. But I am going to shoot for £1,765.32 on 01/01/2022 after an early Dec 2021 high of a shade over £1,800.00.
    After all gold historically tends to drops slightly in value in late Dec, in the run up to the new year.
    The Euro and USD will be dropping fast in value against the pound on 01/01/2022 
    Strong hands should hold every ounce they have right now and ride the coming year out is my humble opinion.
    Happy Christmas to all 
    Regards 
    DB 
  4. Like
    DBCooper got a reaction from Abyss in Three Kilo+ Milestone Reached   
    Respect where its due Abyss
    that's awesome , keep going you can never have to much shiny.
    regards 
    DB
  5. Like
    DBCooper reacted to mr-dead in The coming Gold crash   
  6. Like
    DBCooper reacted to Paul in Your gold story. How it happened.   
    I'm 43 now and through my twenties, i guess I must have staked and wasted around £75k-£100k at a rough guess through FOBTs, online poker and land based casinos.
    Some good days but it all quickly went back as losings in the end.
    I went cold turkey at 30-31 and managed a few months until i relapsed again.
    Told myself never again.
    It was this time I found about gold, since 2008-2009 I have bought investment gold every month, a gold sovereign here, a half sovereign there, 1/2 oz on a good month, a full oz of fine gold when bonus from work.
    What this did was separate actual cash i could gamble and move it into another tangible thing with value that i couldn't easily spunk away or spend.
    Slowly but surely, my gold stack has grown, every month, as i would buy a another gold coin every fortnight or so.
    The ancient Aztecs called Gold 'the sweat of the sun'
    Blood, sweat, tears and toil getting it out of the ground.
    YOUR blood sweat and tears represents how hard you have worked to get this coin you now hold, and continue to hold ongoing.
    Your pile of gold increases monthly.
    Gold is also a little bit of a gamble, it will never go to zero, it has been money for 5,000+ years, and can also go up in value
    Currently im now VERY nicely up in £ terms if i chose to cash in and take some profits.
    A quote stuck with me quite prophetically, as i've never believed in loans or credit cards.
    “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.” ― Norm Franz, Money & Wealth in the New Millennium: A Prophetic Guide to the New World Economic Order
    The bigger my gold stack grows the more satisfied I become and want more. A positive kind of addiction.
    I have not yet cashed in one single coin for gambling and my investment pile has grew.
    I have cashed gold in here on the forum and realized better than dealer prices to increase my business and expand/buy new vans/staff/tech
    This degree of separation that takes place between the gold coin and actual cash i can spunk gambling is awesome.
    Yet i know at a glance my total gold grams i have on any given day, and know how much it is worth should i cash in.
    When money is in a bank AC it is just like figures on a screen to me, cash in my hand just gambling token/betting voucher credits.
    I could never hold onto money while it was in a bank account, savings account would be were there for good intention but the money came out for gambling.
    Gold doesn't do that for me, the degree of separation between between the time and effort it takes to cash in a gold coin, packing posting, sending, waiting for bank transfer for payment etc. is a few days minimum.
    By which times my urge to gamble has long since past.
    whilst i will always have that gamble bug inside me, i cant extinguish that flame as i like to to take risks, i'm self employed and risk = reward. and i have done well working over the years.
    I still have my monthly little gamble, but as my priority with my spare cash is always to buy a minimum amount of gold, i'm never exposed to loose mega money EVER, fact these days, as the money isn't there because it has been converted from one asset class cash into another asset gold.
    The small amount i assign myself to have a gamble is minimal, £100 or £200 for a month. should i win, i actually treat myself to some more gold coins for my stack.
    With doing this approach and putting what used to be gambling stake money cash into gold, i've got my good nest egg of gold if i cashed it in from my safe deposit box.
    I purposely store the gold in a safety deposit centre in a city that is over 2 hours drive/train ride away to resist the sudden urge to gamble/cash in.
    A financial advisor would tell you it is stupid and daft to put all your eggs in one basket with one asset/investments, but to a gambler?
    would i sooner have this,  lots of gold is much better than having nothing at all, **** all to show for it - so it works for me
    Knowing this fall back of savings is there for any of lifes eventualities makes me sleep wonderfully at night.
    This approach may not be for everyone but if you can never hold onto money it has worked wonders for me.
    Sorry for the rambles length here today but to those nodding their head to this and this life course maybe sounds a familiar path to yours, if my narrative resonates with you, give gold a try. please try it, you might just like it, or start just buying gold with your big wins.
  7. Haha
    DBCooper reacted to silenceissilver in The coming Gold crash   
    No Sir, no sight of Wonger since the last big flood of fiat money into the gold market!

    I hope they haven't cut off his internet since his latest losses.
  8. Like
    DBCooper reacted to dicker in The coming Gold crash   
    I think we are man down, which is a shame.  I was keen to understand what was going on in the gold market, the world of high finance and what Wongers trading desk made of the market movements.  
    Perhaps he is out at a meeting with the government as per one of his previous posts.
    Best
    Dicker
  9. Like
    DBCooper reacted to Prophecy in The coming Gold crash   
    I'm setting up a gofundme page for poor old Wonger. The dude must be so in the red.
  10. Like
    DBCooper reacted to TheApe in The coming Gold crash   
    Yep, I had copped that and how stupid the bet was but didnt want to say it as Wonger is obviously not too good at maths 🤣
  11. Like
    DBCooper reacted to Chorlton in The coming Gold crash   
    Are we still supposed to be buying golden shorts at $400 a pair ?
    My drawer is full and may need to move the socks somewhere else 🤔
  12. Like
    DBCooper reacted to sixgun in The coming Gold crash   
    You never accepted the first wager i offered you which related to $4 silver, so let's not get too excited about the 'next wager'. 
    i am leaving this and Wonker's other thread - you should not mock the afflicted and i am tempted to mock. 
    And by the way Wonky - the physical buy price of silver never fell - you couldn't get coins at those paper prices - the physical prices went up. All that happened is longs have started demanding physical and bullion banks have started pulling out of the metals business. They don't want to get caught short - the game has changed but you are still playing kiss catch at Infants School.
  13. Like
    DBCooper reacted to sixgun in The coming Gold crash   
    Wonger you haven't graduated to big boy pants - thankfully you are still in nappies b/c you messed yourself when silver just stormed through $22.
  14. Like
    DBCooper reacted to HerefordBullyun in The coming Gold crash   
    I think its great comedy value!!!
  15. Like
    DBCooper reacted to sixgun in The coming Gold crash   
    The Wonger will maintain he is right and we are all out of our depths and have no comprehension.
    The market has turned physical and then the smoke and mirrors stop working.
    The SLV claims it has silver to the sky - but anyone will a grain of commonsense knows it doesn't have the bars of silver it claims - it will have paper promises that will never be delivered. The GLD is leasing gold, so it is pretending to be a gold ETF.
    The bluff is being called with more and more longs standing for delivery - then his graph doesn't work like he thinks it does - the shorts are caught - unable to wriggle out of their huge short positions, unable to smash the price b/c that is handing a dagger to the longs, they don't have the physical, a gold and silver fever is building up and when it does price can really go to the Moon. Mr Wong doesn't comprehend the physical market dynamics - he is out of his depth.  
     
  16. Like
    DBCooper reacted to sovereignsteve in The coming Gold crash   
    I'm beginning to think Wonger has a bet with a colleague; how many clicks he can get on this thread.
  17. Like
    DBCooper reacted to TheApe in The coming Gold crash   
    I think Wonger is a little bit off on his estimates.
    I think Gold is more likely to fall to 350. After careful consideration I have set target.

  18. Like
    DBCooper got a reaction from ZigZag in Your gold story. How it happened.   
    For me it was about saving outside the banking system and having access to liquid highly portable assets at short notice.
    Life is full of ups and downs. When you are down financially. Having access to some metal, Gold or Silver quickly and with out anyone knowing can often save the day.
    Once the stack started growing and life turned around for the better over the years it just became a habit to keep buying the shiny stuff when ever I could afford it. I have always worked on the principle that if you don't hold it you don't own it, and what they don't know you have they can't take  away from you. Gold fits that need perfectly.
    regards
    DB
  19. Thanks
    DBCooper got a reaction from Hunter87 in Your gold story. How it happened.   
    For me it was about saving outside the banking system and having access to liquid highly portable assets at short notice.
    Life is full of ups and downs. When you are down financially. Having access to some metal, Gold or Silver quickly and with out anyone knowing can often save the day.
    Once the stack started growing and life turned around for the better over the years it just became a habit to keep buying the shiny stuff when ever I could afford it. I have always worked on the principle that if you don't hold it you don't own it, and what they don't know you have they can't take  away from you. Gold fits that need perfectly.
    regards
    DB
  20. Like
    DBCooper got a reaction from Metalisreal in Your gold story. How it happened.   
    For me it was about saving outside the banking system and having access to liquid highly portable assets at short notice.
    Life is full of ups and downs. When you are down financially. Having access to some metal, Gold or Silver quickly and with out anyone knowing can often save the day.
    Once the stack started growing and life turned around for the better over the years it just became a habit to keep buying the shiny stuff when ever I could afford it. I have always worked on the principle that if you don't hold it you don't own it, and what they don't know you have they can't take  away from you. Gold fits that need perfectly.
    regards
    DB
  21. Like
    DBCooper got a reaction from MickB in Your gold story. How it happened.   
    For me it was about saving outside the banking system and having access to liquid highly portable assets at short notice.
    Life is full of ups and downs. When you are down financially. Having access to some metal, Gold or Silver quickly and with out anyone knowing can often save the day.
    Once the stack started growing and life turned around for the better over the years it just became a habit to keep buying the shiny stuff when ever I could afford it. I have always worked on the principle that if you don't hold it you don't own it, and what they don't know you have they can't take  away from you. Gold fits that need perfectly.
    regards
    DB
  22. Like
    DBCooper got a reaction from Tn21 in Your gold story. How it happened.   
    For me it was about saving outside the banking system and having access to liquid highly portable assets at short notice.
    Life is full of ups and downs. When you are down financially. Having access to some metal, Gold or Silver quickly and with out anyone knowing can often save the day.
    Once the stack started growing and life turned around for the better over the years it just became a habit to keep buying the shiny stuff when ever I could afford it. I have always worked on the principle that if you don't hold it you don't own it, and what they don't know you have they can't take  away from you. Gold fits that need perfectly.
    regards
    DB
  23. Like
    DBCooper got a reaction from Serendipity in Your gold story. How it happened.   
    For me it was about saving outside the banking system and having access to liquid highly portable assets at short notice.
    Life is full of ups and downs. When you are down financially. Having access to some metal, Gold or Silver quickly and with out anyone knowing can often save the day.
    Once the stack started growing and life turned around for the better over the years it just became a habit to keep buying the shiny stuff when ever I could afford it. I have always worked on the principle that if you don't hold it you don't own it, and what they don't know you have they can't take  away from you. Gold fits that need perfectly.
    regards
    DB
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