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EdwardTeach

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Everything posted by EdwardTeach

  1. Lets wait and see what's actually happens with the BRICS summit first. Are they really going to announce a new gold back currency now? Maybe later? Maybe never? How will it be set up if they do announce it? Will it be 100% gold backed or just partially backed? Will it have the option to exchange for physical or will it just be pegged?
  2. Ex-Head Of JPMorgan's Precious Metals Desk Sentenced To Prison For Manipulation https://www.zerohedge.com/commodities/ex-head-jpmorgans-precious-metals-desk-sentenced-prison-manipulation
  3. Nothing to see here though. This movement is due to the sudden drop in the pound. Gold has hardly moved in other currencies today.
  4. Will the bail-ins only steal 20% of your savings by the end of all the widespread bank crashes have finished collapsing in a few years time though? Only time will tell but I have my doubts and think it could end up being much more than 20% for many people.
  5. With the whole banking system looking like it's on the verge of collapsing at the moment I personally wouldn't touch an ISA with a barge pole at this particular point in time. But it's up to you if you're willing to take the risk of loosing it all by putting it in an ISA and getting 'bailed in' if the bank crashes.
  6. The amount we spend on PMs is the reason why we still eat tinned food and go without other fancy extravagant 'luxuries' like underpants and shoes.
  7. Looks like someone must have taken it out of the capsule at some stage and handled it without gloves.
  8. Spotted this 1940 bullion tin of Campbell's Soup. A few rust spots and it's not in mint condition but should still be worth the spot price.
  9. Give it time. It will be soon... ...or so I'm told.
  10. You mean never having enough fiat currency to exchange for real money.
  11. Liberty and Finance are one of the best Youtube channels in my opinion.
  12. BRICS to merge with other groups (new revelations) with Andy Schectman
  13. F that! I refuse to get into situations where I pay banks and credit cart companies interest as a matter of principle. I was hoping Petra would just lend me the cash out of the kindness of his heart without asking for anything extra back in return.
  14. Any chance I could borrow a few quid? You can have it back when the price goes back up again.
  15. "The science" is another hijacked phrase which has been turned political and no longer has anything to do with the actual scientific method. Hypothesis > method > experiment > results > conclusion > peer review/debate/reproduction of results etc. You know, all that useful stuff kids used to get taught in schools before they were turned into woke indoctrination camps by Marxists.
  16. So long as I have a Nintendo Switch and a solar panel charger I'll be happy for society to collapse for a few years while I eat home grown food.
  17. Alright who just bought some more gold and caused the price to drop as soon as they finished making their purchase?
  18. Such an apt description! Much better than the ‘bougie broke’ hashtag doing the rounds on social media at the moment. (The Urban Dictionary website defines ‘bougie broke’ as the state of being in “constant danger of maxing out cards or being broke for real” but being so spoiled “you cannot tell yourself no” – especially for “little treats”)
  19. I think this recession may be different too. As in it could be worse and longer than the one in 1929.
  20. Hopefully yeah. Potentially quite likely too. That said I sleep easy at night knowing most of my wealth is safe in gold rather than gambling on crypto.
  21. XRP Price Prediction From Wells Fargo
  22. Bank of Japan Could Drain Trillions From America!
  23. Every time I see a story about Just Stop Oil in the news I throw another car tyre onto the fire.
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