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sjhdesmond

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Posts posted by sjhdesmond

  1. I don't want to sound like the massive bleeding heart liberal that I blatantly am, but sometimes I feel the disdain for this jewelry can border on snobbery.

    Like someone said above, these kinds of items have come into existence as a way for generally working-class, generally low income folks to save and preserve a bit of money with the care of their family in mind, or else as a way to supplement a pitiful state pension. 

    In the Caucasus region, gold teeth are a way for poor people to create some kind of life insurance. They get pulled out and cashed in on death. It's a pretty good system for those without some of our privileges. But here we tend to look on gold teeth as an aesthetic abomination. You don't often see them nowadays outside of immigrant communities and maybe traveller folk.

    Ironically, I saw a bloke on Dickinson's Real Deal not long ago selling his sovereign rings to pay for new dentures. It was kind of sad to watch. And not a great advert for how capitalism works for the poor in one of the world's largest economies.

     

  2. 6 hours ago, WinstonSmith said:

    Hi All,

    I'm taken aback by the level/breadth of discussion here, and wondered if anyone had advice for a newbie.

    I've toyed with the idea of buying gold/silver for a while. I'm not a collector, or rich, just want to hedge my bets against a market crash, in a modest way.

    If you were in the UK with say £1k, what would you buy and where from?  I'm not looking for maximum gain, collectables etc, just if the economy went t*ts up (looking at China, big banks), what would be good to own?

    Looking to make an initial purchase of £1k worth and add to it each month, any advice welcome.

    Thanks in advance.

    I'm also relatively new to this, and of course everyone has an opinion on what to buy.  I think the best advice I've been given here is just to buy things that you like, because you'll be holding on to them for decades. And only buy what you can afford.  

     

  3. Que quiero decir es que el valor nominal es estraño. Por este razón es algo un poco raro y curioso. Y también que hay pocos fabricados en el primer año. El valor intrínseco es igual que cualquier onza troy de oro. 

    El nombre "lince ibérico" es bueno. Me gusta el nombre Lince Dorado pero el es un luchador mexicano.

     

    Translation- 

    What I wanted to say is the nominal value is strange. For that reason it's something a bit rare and curious. Also there are few minted in this first year. The intrinsic value is the same as any ozt of gold.

    The name iberian lynx is good. I like the name Golden Lynx but he is a Mexican wrestler.

     

     

  4. 1 hour ago, CANV said:

    My point exactly 😉

    I think the point is down to demographics and scientific infrastructure.

    Where have the known variants come from? China in the first place, Brazil, India, South Africa - all large countries, large migratory populations and in South Africa's case, lots of migration from other countries in Southern Africa (it appears this variant probably originated in Botswana).

    Crucially the above all have sufficient facility to routinely undertake widespread genetic sequencing of positive cases, hence the discovery of new variants in these countries. Botswana does not do this in the same way that more economically developed countries do.

    It would not be a surprise if future variants were found in countries like Mexico, Indonesia, Turkey etc, who share a similar demographic and economic circumstance.

    If you have shares in mining companies, keep an eye on where they operate.

  5. 6 minutes ago, CANV said:

    Third jabs not selling as fast as hoped. Javids cousin who is in big pharma needs a fire sale to pay for that Range Rover he was buying his wife for Xmas 

    meanwhile Hancocks sister is still sitting on a pile of masks and hand gel. Got to shift that.  
     

    I know scary new South Africa variant. !    Funny how you never get a variant from somewhere ‘Reassuring’.  The Swiss variant or maybe the Surrey variant 

    There was the Kent variant.

  6. 1 minute ago, Minimalist said:

    I agree completely. Metals is the only way. All the best to you as well.

    I am pretty much in agreement so far but I just want to add - Education. If our schools did more than pay lip service to basic financial education then it would start to make a difference. Imagine if there was a common understanding that the buyer has as much power as the seller.

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