LemmyMcGregor

Buy more and sell them back to them later when they want to complete.

I concede you the point, many items have gone cashless already and we did nothing nothing when that happened, I blame myself just as much as blame others, doesn't mean I have to give up. The moment you give up you have lost.

They make it harder, you comply because it's easier, once enough people comply they add another layer of complication, until everyone complies again. It only ends when people stop complying.

I like privacy. What I do with my money is nobody's business. With a very few exception, I don't trust anyone, and the State is the entity I trust the least. Historically the worse atrocities have not been committed by individuals, but by governments, and the fact that the government would want to track everything I do is a scare proposition. Polish extermination? Government. Cossaks extermination? Government. Jew extermination? Government. Holodomor? Government. Armenian genocide? Government. Ah! But those are things of the past! Uyghur genocide. Ongoing, government. Rohingya genocide. Ongoing, government. Darfur genocide. Ongoing, government. Governments that want to abuse their population first remove their ability to defend themselves, queue gun control and removal, then remove their ability to store wealth, so they take the gold. Now, I am confident that you have absolute trust in the British government, all parties have solid proven records of trustworthyness and we should give them all our details knowing that are in safe hands, who would not trust our Tory government or a possible Labour government with all of out private information? You know, the guys that keep repeating that we need a wealth tax. But bare with me for a minute, say that by chance someone not trustworthy takes over, or maybe we are invaded by a foreign entity or, without going to excesses, the government gets hacked, or someone steals and sell that data, and now you have a bad actor that knows exactly what and where you have it, would you not have wanted to keep that data private? And what better way to keep that data private than to use cash?

ignore me, required for feedback never mind the title, chucked in the date to make it unique and easy to find.

What's that? Tell me more.

Yes.

As an afterthought, I wouldn't say we are "spending", if anything we are selling credit and being paid in money, you could say that we are storing wealth in a diffent denomination. Explain that to the wife.

True words.

Could be worse. 404, gold not found.

I know that trusts are still a thing, I've discussed them in the past with friends and when the time comes I need to nag them for more information, however, I am the wrong person to ask. To put it blunt, I've been in metals for less than 2 years and I'm still a newbie, I started with them seeing someone collect some Britannias, never really considered them prior, so I bought a couple of silver ones just dip my toes in and start to figure it out. In my case I went with precious metals before saving as I was a compulsive spender, metals gave me that barrier that prevented the money just flying out of the window, if I really needed I could have sold at a minor loss, but better a minor loss than a complete one. With time I got better and I started saving cash as well. Coming from a different necessity made me realise that there isn't a standard answer, the best bet is, in my opinion, to listen to all the bells and see how you can fit that in your experience.

There is a place for everything. The way I see there is a place for gold, a place for physical cash and a place for a saving account. For example, you need an emergency fund in case terrible hit the fun and you need them NOW, do you want to have it in gold? How quickly could you convert it? And when do you intend of using those funds? Is that something to save for your retirement or is it for a project in the next 6/12/18 months? Could you maybe get a better return in the short term just by shoving them in a saving account and save yourself the aggrievance of looking for gold for a good price, having it shipped and having to resell it a year down the line? There isn't a magic answer, we all have different requirements, only you can find out how to match yours. The best solution I can offer is to stop overthinking, deal with it one step at the time and tailor the plan as you go along.

People have probably been saying this since the coins were minted and value was going up, yet, 1oz coins are still sold. Gold go up, wages go up, and who buys gold often does not work at McDonald flipping burgers.

This explains, is the Australian George, you know, George from Wollongong, cool local dude, you would have loved him.

I know, I'm struggling to figure out what to do in this rollercoaster.

Of gold or immigration? Or both? 🥸 £1,615!

I know, we could simply use the patrol boats sent to escort them here and escort them the other way instead, just having a laugh hinting that we don't have any functional navy, some times I like to take it easy, else I'd be here all day screaming "inflation" every time anyone comes up with a fantastic explanation for the price of gold going up. The problem won't be solved, but they'll announce a magical solution, which obviously will not be implemented, because they need more money, or Voldemort is back, or something like that.

Well... this explains why we can't stop even the dinghies...

Do you think that the price of gold mooning will have an impact on the TV licence's cost? sorry, I couldn't help myself

eBay, time, patience anc max bid. Look for anything that you like calculate spot include postage in your calculation make a max bid. If you win you've got silver at spot, if you lose all it has really cost you is the minute to open the auction, do minimal math and drop a max bid. I would probably start easy with coins, it's easy enough to give a value to each and do a quick count on the fly, take your time with flatware to get to learn markings.

Cheers mate, was just asking as here in UK is not always true that the mint is cheaper than retailers, matter of fact, most of the silver I bought on this forum was cheaper than what I would have been charged directly by the Royal Mint. Thanks for your time, it is sincerely appreciated.

I have officially bought into MrStacker's theory, whoever fixes the prices is a seer looking into my cashflow.