jackflash123

Wassat for those of us who are not rocket surgeons?

(let's be honest, it's the gifs that I'm taking all the credit for!)
£1860

Why thank you!

@Petra I notice you use the whale emoji a lot and wondered why.
Is this the reason why you use it in the gold price thread? 😆
 

As most here I have a bit of silver. To be totally honest I don't know why, but I like to keep in-between 12/1 and 8/1 silver to gold, I think someone mentioned that coming out of the ground there is 8 times more silver to gold and it's stuck in my mind. My gold is in the form of coins and mostly sovereigns and the silver I have is mostly in the form of bars. I do prefer the kilo bars to the ounce coins though. The issue I have with silver is the premiums and the VAT. I do try to keep an eye on the average cost for both gold and silver.
As some interesting metrics, Currently I'm at £1,627.96 oz on my gold and £20.08 oz on the silver. Also whilst I have 9.58 times more silver weight than gold, my gold value is 8.92 times more at spot prices than the silver.
I just think silver as an industrial metal is too useful for industry to be allowed to get too pricey as an investment metal. Gold on the other hand as a tier 1 asset I think is the one to stack.
 

I think if you can buy a sovereign every week for the next 25 years, I would say you are already doing pretty well now, so your future should be fine.
Regarding silver in physical form, I hold less than 100oz and I be surprised if I would double that amount within 5 years.  It is enough just to say I have some.

Yes, everything depends on personal circumstances and preferences.
Doesn't matter what metal is, if suits your needs it is the best one.
Just buy it!🤗

That's a really valid point pal, there's only a finite amount so once it's all been mined then the supply is no more, but the demand will always be there.
Low (or no) supply + high demand = sky high prices 🚀
In 15 - 20 years from now gold will be so valuable that if you can hold onto it you will be in a strong financial position.
The golden rule is "He who owns the gold makes the rules". I heard that in a movie so it must be true 😁
 

Yeah that's great that you're not p#ssing your money up a wall or snorting it up your nose, so buying gold is the absolute best option.
Physical gold and silver can't be hacked by some scammers, or deflated away by the banks so it's the only sensible option. It's a lifestyle choice, and due to your circumstances which you mentioned, it seems like a great plan 👍 

A few kg of gold. Now there's a target to aim for. Could become an expensive hobby for ya 😆, but certainly worthwhile 😁

The micro truck at the front as I've spent up this month....

Thanks for everyone’s input appreciate the conversation and hope to do buisness with you all one day 👌

Yeah great idea for a tattoo 👍
It's so true though. That's my philosophy and how I try to live my life 👍👍👍

Yeah great idea for a tattoo 👍
It's so true though. That's my philosophy and how I try to live my life 👍👍👍

Yeah movies don't lie everyone knows that 😆
They're actually more like manuals for life, with truths scattered throughout them. 
And your bang on, if the people who are running the world store and guard their gold, and impose harsh penalties for even taking photos of where its stored, then we should be doing the same.
Do what they do, not what they say!
 

That's a really valid point pal, there's only a finite amount so once it's all been mined then the supply is no more, but the demand will always be there.
Low (or no) supply + high demand = sky high prices 🚀
In 15 - 20 years from now gold will be so valuable that if you can hold onto it you will be in a strong financial position.
The golden rule is "He who owns the gold makes the rules". I heard that in a movie so it must be true 😁
 

Yeah that's great that you're not p#ssing your money up a wall or snorting it up your nose, so buying gold is the absolute best option.
Physical gold and silver can't be hacked by some scammers, or deflated away by the banks so it's the only sensible option. It's a lifestyle choice, and due to your circumstances which you mentioned, it seems like a great plan 👍 

Amen I love that saying 
 
do what they do not what they say 
 
knew Tatoo pending 👌

That's a really valid point pal, there's only a finite amount so once it's all been mined then the supply is no more, but the demand will always be there.
Low (or no) supply + high demand = sky high prices 🚀
In 15 - 20 years from now gold will be so valuable that if you can hold onto it you will be in a strong financial position.
The golden rule is "He who owns the gold makes the rules". I heard that in a movie so it must be true 😁