Ted1945

the sad thing is we all want gold to go to the moon but in order for that to happen the world has to really go to s***

Got a mate who has his own electrical company. He started out, him and another friend, on the tools, as you say. Between them they would clear £800-£900/day. His partner was happy earning that and then finishing early everyday. He wasn't.
To cut a long story short, he bought the other guy out, was on the bones of his *rse for several years to payback the buyout. He now employs 16 sparky's on the road, has several plumbers too, as well as 11 office staff. Turnover north of £3million.

He's done well, he's put in the hours and still puts in the hours. No Uni debt, just a savage desire to create a better life for himself and his family.

My kids are very intelligent. I’m going to discourage them from going to indoctrination camp when they leave school

My daughter says her Uni has a quidditch team. Absolutely ****ing barking, the lot of them

Very rare that I put my serious head on (but I hope to be proven wrong about my forecast) but its based on my personal financial studies and analytical interpretation of what I've seen going on in my former career of 23 years service in the military and from the geopolitical and financial studies side, and what's going on right now and what Ive seen what I left the army in 2015. I believe it's given me a critical thinking and open minded approach not only to understanding national security but what entwines with that is geopolitics, media operations, and finance, after all war is part of the big business!
As we know boom and busts go in cycles in the Keynesian world economic model.
As Ive witnessed in my 6 operational  tours and over the 45 countries I've travelled.
From who ive learned via Youtube or spotify over the past few years have a google for those want to learn more.
Lyn Alden, Chris Irons (Quoth the raven) and his guests i,e (Wall St Jesus, Doomberg, George Gammon ) (rebel capitalist) - Gareth Soloway, Peter Schiff, James Rickards,  Craig Hemke (Sprott money), Nomis Prins (excellent author), Lynette Zang, Ray Dalalio, Robert Kyiosaki, Macro voices, Gerald Celente (funny when he rants), Max Kaiser,  Geoff Blanning, Alsidar Mcloed (although his gold price predictions are way out but his macro -ecomonics arent), Doug Casey, Andy Schetman. Bob Moriaty, Grant williams, Lawrence Lepard, Sang lucci, Josh rogen experience, Dr Ron Paul, Danelle Dimartino Booth.  Mitch Fierstein - Author planet Ponzi.   
A few facts about why I believe we are on the cusp the next financial crisis and I mean global.
Here's but a few reasons below that can spark the tinder box.
US Government bond Yields are back at highs like the 1987 crash.
Credit Default swaps through derivatives is now believed at 4 quadrillion worldwide. Official figures only 1 quadrillion, but its estimated 4 times that isnt on the books with world wide financial industries. 
More bank takeovers of small regional banks - think SVB an other possible Lehmans crisis.
More crypto exchanges being found out through bad tokenization - theres more than one company thats broke than just FTX and sam bankman fried!
Overvalued. over bought AI and FANGG Tech Stocks, another trend looking like the dot,com crisis in 2002.
China has stopped releasing financial data (and other financial data) about its commercial real estate crisis since Evergrande. It definately worse than what's expected.
Global cost of importing goods has risen to cover inflation.
The peg of the worlds reserve currency is overly too strong against other main currencies, this is unsustainable, it's going end in domino effect.
The Yen is in even bigger trouble now due to the dollar strength. The Japanese government now owns all the market Mortgage debt of its citizens.
Recession is already in Europe. The German powerhouse is struggling, when the strongest economy in the EU is struggling take note.
Eurodollar is going to feel the pain when its strength declines, the dollar will be returned to US. The Euro is hurting a lot from current USD strength also. 
Debt to GDP in US is at all time high, and looking unsustainable with the current rate of inflation interest rates in many countries. Some countries Debt to GDP is also insane. Greece, argentina Japan are to mention few... anything over 100% is crazy..... See the usdebtclock.org for the list.
All central banks have followed suit in raising rates globally, so world debt has increased globally.
China has never really declared honestly how much gold they own, The official figures are far too low.
High oil prices are a clear indication that inflation is still around. 
Lack of transparency on jobs/jobless by governments around the world. Many are manipulating figures and revising them after the release. 
Central bank net increase in buying gold over the past 12 months has increased exponentially. Including the BIS. However some central banks own gold of other countries are they aren't likely or already have refused to hand them over.
Falling house prices globally because everyone is priced out of market under certain age brackets, including longer length of lending periods. But the global real estate market is overpriced, and more foreclosures and credit defaults are going to be predicted not only in commercial real estate but homes.
Metals have been highly oversold in the market through manipulation and the economic climate, so central banks and commercial banks can buy at quicker rates for cheaper. Take advantage of this through physical buying or Metal mining stocks. It wont be around for ever. Also own hard assets for barter including tinned food at least 2 months supply. Platinum price downwards is always a good indicator of manipulation due its high value and industrial consumption and scarcity compared to silver.
Base rates of annual inflation wont be back to 2% before a financial crisis ensues. The new norm annual inflation rate will be 4%. - watch this space.
Current Interest rates of governmental debt will be unsustainable, and will strongly increase the likely hood of financial crash of the stock market. The trend of the SPY 500 downwards vs Yields bond increase is, a seriously big indicator.   
De dollarization of countries sending money back to the US, i,e petrodollar countries trading outside of USD now. Hence the ESG narrative and decarbonation narrative. 
Expansion of BRICS and pending application of many more countries, more counties adopting alternative currencies like bitcoin (emerging countries who dont own much gold, think south America mainly) or gold backed currency like BRICS has proposed.
Summary when it happens:
Mainstream media will lie even more than they already do!
Possible emergency  CBDCs and implementation quicker if the global economic crisis isn't fixed by bail ins or outs. (Many banks already have system of digital tokenism in place).  Inclusive of emergent possible rapid social credit and universal credit system vis CBDCs, payment wlll be made by phone or bank card some countries it will be made mandatory the former - so they can track your movement by phone.
When many jobs have been lost because of the crisis. Including martial law imposed i.e another locked down or 15 minute zones imposed - look at Oxford (because riots will also happen, when banks stop people withdrawing), including of this would be internet kill switches and shut down of social media. Even possible call for WWIII and possible mandatory conscription.
WEF will try to take advantage of the situation in conjunction with IMF and BIS, but i believe it will fail. 
More draconian Orwellian laws will try to be implemented, they will want you to give up freedom of speech for your happiness.
This is no means I am saying I am financial expert, just an ex council street kid, whose listens and takes in the best of my knowledge to enlighten others in the forum.
Albeit a final world about Gold after all it is the gold monitoring thread - if you hold it - dont sell it, YET and also keep some back for your kids, because not only that when the SHTF, your extended family who are naysayers of metals will think you are the golden child when the next crisis hits.
Stay positive in your convictions not only about Gold and metals fellow stackers, share your knowledge like I've tried too. I'm always updating the financial video of significant interest in my sig below. Happy stacking/ prepping, for a stable future.*
*Now I will go back to being an idiot on the NBS 
Best Bully!
 

£1497
I'm oooot..

Problem is.. everytime I buy the bottom , a new more bottomy appears. 

I'm a broken record but I won't be selling any gold until the price is well above the nominal ATH
Nobody can say what the price should be but we have long-term and robust proxies for how gold might be priced - i.e. vs inflation, real estate, stocks, bonds
Inflation is crazy. Real estate has been crazy. Stocks are high on monkey dust. Bond yields are at 15-year highs. Historically gold should be beating bonds, inflation and real estate
Everything is stratospheric right now apart from gold and silver. It might take several years or a decade to shake itself out but at some point gold is going to make up for the last 15 years of underperformance (mean reversion). When gold does go to the moon we won't have time to react and stack, it will happen too fast. The key is to be on the rocket before it leaves the pad
If we don't like the performance of PMs that's fine. If we're sensible investors we have 70%+ of our money in other assets so how gold performs is not of primary importance. Our gold is doing its job just fine, sitting there, not reacting with anything, giving us insurance and assets outside the digital global financial system. If we sell gold there is no insurance apart from other commodities which have less attractive characteristics for physical stacking than gold

ffs 🤦‍♂️, right, I'm off to pinch that Victorian shield now😉

A stunning TSF designed and branded 1g silver bar from @BackyardBullion big thanks to @ChrisSilverfor all the hard work for keeping this forum running and putting up with some of our antics!  
 
 

My new pocket piece, a 100g Germania silver bar

Bit late to the day but very happy with this keepsake, didn’t think I’d be buying proof silver from the mint again but pregraded offers comfort against the QC aggro and true to form another absolutely Kak photo 👍

3 old drijfhout Amsterdam kilo’s. 
 

Bit late to the day but very happy with this keepsake, didn’t think I’d be buying proof silver from the mint again but pregraded offers comfort against the QC aggro and true to form another absolutely Kak photo 👍

Could easily double your money today if you wanted. 

Hallo an alle Silberliebhaber, heute nicht erhalten, das wäre gelogen, aber ich möchte euch jedem ein Kilo Stapler aus Südkorea zeigen. Ich bin sehr stolz, diese Schönheiten zu besitzen. Es sind der Erzengel Michael und der Schild Heinrichs II. Besonders hervorzuheben sind die Details des Schildes, für mich ein Kunstwerk des Graveurs und der Prägung. Das Fotografieren in der Kapsel ist nicht einfach, daher die Spiegelungen auf den Fotos, für die ich mich entschuldige. Einen schönen Sonntag und liebe Grüße von Maxe.

 

Bit late to the day but very happy with this keepsake, didn’t think I’d be buying proof silver from the mint again but pregraded offers comfort against the QC aggro and true to form another absolutely Kak photo 👍

Bit late to the day but very happy with this keepsake, didn’t think I’d be buying proof silver from the mint again but pregraded offers comfort against the QC aggro and true to form another absolutely Kak photo 👍

Can do £110 on that

Can offer £1000 today if you want a quick profit 😆 

Chards have Krugs at 0.75% over spot plus postage.
If only they would do free postage😩.

Put sovereign but not far behind for me is 1/4s.

Wondering weather i should sell my 1oz brits now 🙈😄.
Well, when spot goes up lol

For "stacking" this is bang on the money IMO
-Latest RM 1/4oz series
-Cheapest premium special reverse sovereigns
After that fill your boots with fun stuff.

I've went every direction, I'm now back at sovereigns and 1/4oz tudor beasts. I will pick up other royal mint quarters if premium is on par with sovereigns. 
I will transition out of 1oz coins as soon as spot is high enough, that money will be put back into sovereigns, my view is liquidity May be an issue with 1oz coins or higher in future. Assuming spot ever leaves earth!
Remember to stick to ( doesn't have to be entirely, but mostly) CGT free coins from the mint, but bought elsewhere obviously.