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272

Member
  • Posts

    403
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  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Thanks
    272 reacted to Darr3nG in 2022 Sovereign design revealed?   
    @Chards doesn't appear to be live... use @ChardsCoinandBullionDealer to get their attention.
  2. Like
    272 reacted to BullionBuyerUK in Great Engravers - Petition Crown (Gazette Proclamation)   
    To be fair to the royal mint. On this occasion I think they have done a great job with display box and capsules 
  3. Like
    272 got a reaction from JamesH in The Royal Tudor Beasts - Royal Mint Launch Event, Oct 7   
    Apparently late June when I emailed them the other week - but hey who knows!
  4. Super Like
    272 got a reaction from FlorinCollector in The Royal Tudor Beasts - Royal Mint Launch Event, Oct 7   
    Apparently late June when I emailed them the other week - but hey who knows!
  5. Haha
    272 reacted to Paul in Gold Monitoring Thread £ GBP only   
  6. Like
    272 reacted to MickB in Gold Monitoring Thread £ GBP only   
    Sounds like a hookey piedfort, avoid 😂
  7. Haha
    272 got a reaction from James32 in Gold Monitoring Thread £ GBP only   
    Ha ha you joke - I did about an hour ago and had to put up with 5 minutes of trying to flog me an overpriced memorial piedfort!
  8. Haha
    272 got a reaction from dicker in Gold Monitoring Thread £ GBP only   
    Ha ha you joke - I did about an hour ago and had to put up with 5 minutes of trying to flog me an overpriced memorial piedfort!
  9. Like
    272 got a reaction from EdwardTeach in Gold Monitoring Thread £ GBP only   
    Not so sure about that - before 1933 the price of Gold peaked at $22.59 /0z in 1931 and then dropped back down to near its pre-crash levels before rising again in 1933.  The US Treasury paid a fixed price of $20.67/oz to turn in their gold to the Treasury. Looking at the charts for 1933 (Macrotrends) the average price was just over $26/oz. After purchasing gold at the price of $20.67/oz from its citizens, the US government raised the fixed price of gold to $35/oz using the Gold Reserve Act on January 30, 1934. So effectively the dollars paid to those Gold holders was devalued by over 40%.  Similarly while I doubt the UK government would definitely introduce a another restriction of Gold bullion ownership right now,  I forgot to point out that the 1966 to 1979 period was a time where the pound had already moved off of the gold standard. I will definitely hold a significant proportion of Gold in my portfolio but given the actions of countries including US, UK, Australia etc in last century around restricting Gold ownership (and for sustained periods - not just a few months or years), I'm not assuming its my only 'get of jail free' card. 
  10. Like
    272 got a reaction from Zeuk in Gold Monitoring Thread £ GBP only   
    Not so sure about that - before 1933 the price of Gold peaked at $22.59 /0z in 1931 and then dropped back down to near its pre-crash levels before rising again in 1933.  The US Treasury paid a fixed price of $20.67/oz to turn in their gold to the Treasury. Looking at the charts for 1933 (Macrotrends) the average price was just over $26/oz. After purchasing gold at the price of $20.67/oz from its citizens, the US government raised the fixed price of gold to $35/oz using the Gold Reserve Act on January 30, 1934. So effectively the dollars paid to those Gold holders was devalued by over 40%.  Similarly while I doubt the UK government would definitely introduce a another restriction of Gold bullion ownership right now,  I forgot to point out that the 1966 to 1979 period was a time where the pound had already moved off of the gold standard. I will definitely hold a significant proportion of Gold in my portfolio but given the actions of countries including US, UK, Australia etc in last century around restricting Gold ownership (and for sustained periods - not just a few months or years), I'm not assuming its my only 'get of jail free' card. 
  11. Like
    272 got a reaction from flyingveepixie in Gold Monitoring Thread £ GBP only   
    Not so sure about that - before 1933 the price of Gold peaked at $22.59 /0z in 1931 and then dropped back down to near its pre-crash levels before rising again in 1933.  The US Treasury paid a fixed price of $20.67/oz to turn in their gold to the Treasury. Looking at the charts for 1933 (Macrotrends) the average price was just over $26/oz. After purchasing gold at the price of $20.67/oz from its citizens, the US government raised the fixed price of gold to $35/oz using the Gold Reserve Act on January 30, 1934. So effectively the dollars paid to those Gold holders was devalued by over 40%.  Similarly while I doubt the UK government would definitely introduce a another restriction of Gold bullion ownership right now,  I forgot to point out that the 1966 to 1979 period was a time where the pound had already moved off of the gold standard. I will definitely hold a significant proportion of Gold in my portfolio but given the actions of countries including US, UK, Australia etc in last century around restricting Gold ownership (and for sustained periods - not just a few months or years), I'm not assuming its my only 'get of jail free' card. 
  12. Like
    272 got a reaction from Maxx546 in Gold Monitoring Thread £ GBP only   
    Got a final salary pension with good death in service insurance and survivors pension benefits so effectively locked into to that. 
    Topping it off with ISAs, metals and whisky,  Will steer clear of additional property at the moment unless I have enough cash to only have a small or no mortgage. 
  13. Like
    272 got a reaction from Orpster in Gold Monitoring Thread £ GBP only   
    I suppose it depends when you claim your pension and how exposed it is to the markets (many shares lost more than 80% in 2020 and bounced back very quickly) and duration of the crash.  Mine isn't especially dependent on the markets directly so if I'd retired in March 2020 it would have had zero effect for me. It would also be more about how governments responded to that to either to stimulate growth or  raise revenue. Governments could do any number things to increase taxes / restrictions on any other asset they then have their eye on.  I've diversified what I can plus I have another business interests outside of the day job I could continue if needed. Risk is equally about proportionality and likelihood. 
  14. Like
    272 got a reaction from Zeuk in Gold Monitoring Thread £ GBP only   
    You mean the same crash that led to the Executive Order 6102 in 1933 and 1934 Gold Reserve Act in the US? I don't think you should bet on any one asset of getting you out of a hole if an event like that occurs. 
  15. Haha
    272 got a reaction from Zeuk in Gold Monitoring Thread £ GBP only   
    Well the bonus is even if it drops in value I still have a merry retirement!
  16. Like
    272 reacted to Zeuk in Gold Monitoring Thread £ GBP only   
    Pretty much the same less the whisky, I just drink that  
  17. Like
    272 got a reaction from Zeuk in Gold Monitoring Thread £ GBP only   
    Got a final salary pension with good death in service insurance and survivors pension benefits so effectively locked into to that. 
    Topping it off with ISAs, metals and whisky,  Will steer clear of additional property at the moment unless I have enough cash to only have a small or no mortgage. 
  18. Sad
    272 got a reaction from Maxx546 in 2022 Sovereign design revealed?   
    Got my 3 coin set and as usual there are issues. Marks on both the half ounce and quarter ounce. I also agree with @Allgoldcoins  I think the coin inserts are a step down in quality. I think if my latest Tudor beasts also turn up with issues I'm just going to give up on proofs from RM - love the designs but the QC is beyond a joke. 
     

  19. Sad
    272 reacted to BOOLIAN in 2022 Sovereign design revealed?   
    Funnily enough, I also had a wonky quarter sovereign that I had to adjust. Whoever it was putting those in that day obviously had too much to drink the night before as mine was #555.
  20. Like
    272 reacted to Allgoldcoins in 2022 Sovereign design revealed?   
    I just gone through 10, 3 coin sets and every one has its qtr sov out of position, terrible!
  21. Sad
    272 got a reaction from 0laf5on in 2022 Sovereign design revealed?   
    Got my 3 coin set and as usual there are issues. Marks on both the half ounce and quarter ounce. I also agree with @Allgoldcoins  I think the coin inserts are a step down in quality. I think if my latest Tudor beasts also turn up with issues I'm just going to give up on proofs from RM - love the designs but the QC is beyond a joke. 
     

  22. Sad
    272 got a reaction from BOOLIAN in 2022 Sovereign design revealed?   
    Got my 3 coin set and as usual there are issues. Marks on both the half ounce and quarter ounce. I also agree with @Allgoldcoins  I think the coin inserts are a step down in quality. I think if my latest Tudor beasts also turn up with issues I'm just going to give up on proofs from RM - love the designs but the QC is beyond a joke. 
     

  23. Sad
    272 got a reaction from Goldfever20 in 2022 Sovereign design revealed?   
    Got my 3 coin set and as usual there are issues. Marks on both the half ounce and quarter ounce. I also agree with @Allgoldcoins  I think the coin inserts are a step down in quality. I think if my latest Tudor beasts also turn up with issues I'm just going to give up on proofs from RM - love the designs but the QC is beyond a joke. 
     

  24. Sad
    272 got a reaction from TheShinyStuff in 2022 Sovereign design revealed?   
    Got my 3 coin set and as usual there are issues. Marks on both the half ounce and quarter ounce. I also agree with @Allgoldcoins  I think the coin inserts are a step down in quality. I think if my latest Tudor beasts also turn up with issues I'm just going to give up on proofs from RM - love the designs but the QC is beyond a joke. 
     

  25. Like
    272 reacted to JamesH in Today I want to show.....   
    I don’t take good pictures like many of you do on here but this one made me happy…

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