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caf84
Reputation Activity
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caf84 reacted to HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only
This is the GOLD thread my friend. When you sell GOLD of the CGT-exempt variety, you don't have to declare anything to anybody, zero taxes are due. When you sell BTC to someone you are legally obliged to record that transaction and the P/L in your tax self-assessment, which you have to fill in every year. With GOLD if you are in the same room as me I can just chuck it at you and job done. If we are in the same room and you want to send me BTC you have to pay the gas fees and/or wait longer than the average RMSD delivery time
BTC isn't a currency and it's never been money. If you want MONEY then you buy GOLD and SILVER, everything else is credit or magic internet money
Key point: With BTC you must declare both yourself and your trading partner to HMRC every 12 months and pay CGT or income tax depending on the nature of the transactions. What an absolute nightmare. You rely on the network, on connectivity, that you don't make a mistake and send your coins to Mars or North Korea, and your privacy is totally invaded.
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caf84 got a reaction from 365DaysofSilver in 1g Gold
Evening,
1g Royal Mint Gold bar SOLD
1g Gibraltar Gold coin £55 inc post
Bank Transfer only please
Thanks for looking
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caf84 got a reaction from HonestMoneyGoldSilver in 1g Gold
Evening,
1g Royal Mint Gold bar SOLD
1g Gibraltar Gold coin £55 inc post
Bank Transfer only please
Thanks for looking
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caf84 got a reaction from sellerstacker in 1g Gold
Evening,
1g Royal Mint Gold bar SOLD
1g Gibraltar Gold coin £55 inc post
Bank Transfer only please
Thanks for looking
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caf84 reacted to 365DaysofSilver in 1g Gold
Won’t be long before the 1g coin is snapped up with all these bumps 😂
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caf84 got a reaction from Scuzzle in Silver + Carpathian Mint White Horse Ennobled edition
New item added!
Carpathian Mint White Horse Ennobled version.
Mintage 500
£90 inc post
Thanks for looking
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caf84 got a reaction from marshbag in Silver + Carpathian Mint White Horse Ennobled edition
New item added!
Carpathian Mint White Horse Ennobled version.
Mintage 500
£90 inc post
Thanks for looking
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caf84 reacted to Mox in Does A BRICS Gold Currency Really Matter?
I have been keeping an eye on this since rumours started circulating. I believe 30 countries in total have signed up to the BRICS lead gold backed currency
The dollar has had its day as the world reserve currency.
Central banks (mainly those in the "Global South") have been boosting their gold reserves for several months but having read opinions from various sources I think possibility of a launch of a new gold backed currency next week is taking things too far, more likely they will announce plans for its introduction at a later date. We will see.
Also of interest is the recent deal between India and the UAE for a million barrels of oil, with payment being made in rupee's, not the first country to have done deals with oil producers in the Middle East. A Memorandum of Understanding was signed in July for a new system allowing trade between the two countries using the rupee and dirham.
With the USA increasingly weaponizing financial sanctions and the freezing of bank accounts to punish countries/people they don't like the rest of the world (apart from the West) have taken note and are looking for ways around it.
Due to the world using the dollar they also receive any financial problems occurring in the US, due to the massive dollar printing over the past couple of years inflation has also spread worldwide. And on inflation, how the f*ck could the Fed say inflation was going to be transitory given all the money printing that has gone on (USD M2 $14T in 2019 rising to $21T now, 20% of all the dollars ever created were issued in 2020...).
The interaction/dependence of economics across the world at various levels is fascinating and I would suggest everyone reads more about it, big changes are coming, it all follows a cycle, reserve currencies never survive, currencies never survive, only gold and silver have survived for several thousand years and they will outlast anything put in place that isn't backed by anything physical.
Hopefully a new gold backed currency will allow for real price discovery for precious metals rather than the fix that goes on at the moment, if gold jumps I wouldn't like to be someone holding paper gold, try and redeem your paper for gold that has been sold multiple times over, I'm quite looking forward to the financial chaos, you don't need Fight Club to rebalance the world, just greedy psychopaths who are playing the real version of Risk looking for world domination.
Other factors include China's Belt and Road initiative, the West losing its presence in Africa, fragile supply chains due to globalisation, the ridiculous Climate Change con (I have a degree in Environmental Studies, number one concern should be the use of plastics and forever chemicals), the focus on gender with the rise of the snowflake generation (making the West look weak and we are seeing the recruitment into the armed forces drop, might we see compulsory military service introduced again?) and the lack of statesmen in western politics (watch the way Sergei Lavrov destroys arguments made by the west (or Mohammad Zarif did for Iran until he was replaced a couple of years ago), if you look at it from a neutral standpoint it is no wonder the rest of the world doesn't trust the West.
I am starting to ramble but there is much more to this jigsaw which will reshape global relationships over the next few years and things will get bumpy, when a nation starts to lose global hegemony it tends to lash out and the purveyors of global death and destruction started to flex their muscles against the big players under the Biden administration.
Sorry if this is a bit disjointed but there is lots to consider.
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caf84 reacted to 8ace in Silver + Carpathian Mint White Horse Ennobled edition
I'll take the 1oz BYB 2023 TSF bar (nr 189) please.
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caf84 got a reaction from Petra in Silver + Carpathian Mint White Horse Ennobled edition
New item added!
Carpathian Mint White Horse Ennobled version.
Mintage 500
£90 inc post
Thanks for looking
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caf84 got a reaction from HonestMoneyGoldSilver in Silver + Carpathian Mint White Horse Ennobled edition
Still available...
1oz Dead men round - £26
Both BYB bars - £27 each
40g Liquid metal Dino round - £28
£100 posted if you take the lot
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caf84 got a reaction from gji25 in Silver + Carpathian Mint White Horse Ennobled edition
New item added!
Carpathian Mint White Horse Ennobled version.
Mintage 500
£90 inc post
Thanks for looking
