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Reputation Activity
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Paul reacted to GoldDiggerDave in NEW St. George and the Dragon coin with Garter inscription
Hard to show the 10oz silver is in higher relief than the 5oz (5oz top)
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Paul reacted to Bratnia in Gold Monitoring Thread £ GBP only
Today's all time high can turn out to be a forward time all time low.
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Paul reacted to Bratnia in Gold Monitoring Thread £ GBP only
1980 to 1999 !!! In nominal terms started at something like $540/ounce ended at $270 ounce (price halved), obviously even lower in real (after inflation) terms. Generally better to buy (sell) equal amounts of stock and gold value, 50/50 stock/gold 1980-1999 ended up with something like 7 times more gold being held, so even though the price per ounce was lower, the accumulated/additional gold (without having injected another penny) compensated. Across the 2000's (dot com bubble burst/2008 financial crisis) that swung the other way, reduced ounces of gold ... more stock shares accumulated.
https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&sl=7mpGLFj4bWIwF9SEcc7EJm
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Paul reacted to Bratnia in Gold Monitoring Thread £ GBP only
25 years of buying some gold (and stocks) each month (accumulation years), another 25 years of selling some gold (and stocks) each month (retirement) and some will have been bought (sold) at relative highs or lows, but broadly all wash (average) out. If you target particular weightings, perhaps 50/50 stock/gold, add new savings to the one that's below target; Or if in drawdown spend from the one that is most above target, that's a element of add-low/reduce-high 'trading'.
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Paul got a reaction from AOB in Gold Monitoring Thread £ GBP only
Just buy by the 2oz gold
........ then one doesn't need to make such trivial calculations
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Paul got a reaction from stefffana in Gold Monitoring Thread £ GBP only
buy "some" gold every month regardless of price. It ain't getting cashed in for another 20-25 years until retirement so not arsed what short term movement does. It goes in safe deposit box and is left
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Paul got a reaction from DanPie in Gold Monitoring Thread £ GBP only
buy "some" gold every month regardless of price. It ain't getting cashed in for another 20-25 years until retirement so not arsed what short term movement does. It goes in safe deposit box and is left
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Paul got a reaction from treetop1280 in Gold Monitoring Thread £ GBP only
buy "some" gold every month regardless of price. It ain't getting cashed in for another 20-25 years until retirement so not arsed what short term movement does. It goes in safe deposit box and is left
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Paul reacted to Orpster in Gold Monitoring Thread £ GBP only
We can live in hope I guess, but my money is on us closing over £1700, I will guess £1712
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Paul got a reaction from Darr3nG in Gold Monitoring Thread £ GBP only
Just buy by the 2oz gold
........ then one doesn't need to make such trivial calculations
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Paul reacted to James32 in Gold Monitoring Thread £ GBP only
OK rain man, no need to shat on my parade.
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Paul reacted to James32 in Gold Monitoring Thread £ GBP only
Da f****, ain't nobody got time for that. You and my alcoholic maths teacher would have got on well.
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Paul got a reaction from Aldebaran in Gold Monitoring Thread £ GBP only
Just buy by the 2oz gold
........ then one doesn't need to make such trivial calculations
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Paul got a reaction from James32 in Gold Monitoring Thread £ GBP only
Just buy by the 2oz gold
........ then one doesn't need to make such trivial calculations
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Paul got a reaction from GoldDiggerDave in Gazette Proclamation - Harry Potter: The Winged Keys
You should have bought canned beans with your change. You'd be a beans billionaire today Dave food enough to survive any zombie apocalypse
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Paul reacted to GoldDiggerDave in Gazette Proclamation - Harry Potter: The Winged Keys
Release like this are a "necessary evil " and it's easy for advanced collectors to dump on them. The industry needs cross genre products to drag fresh blood into the interest and get people into collecting and buying coins.
I started collecting circulation commemorative 50p's and its lead into opening so many different avenues for me with this hobby/interest and now business.
The biggest challenge the RM will have is pulling new people into the interest with a product aka coinage thats practically become obsolete for some generations already, give it another 10 or so years and kids of that generation will not even be handling coins they will never have a coin in their pocket go to the shop to spend it and receive others coins back in change.
As a child I felt rich with a newton £1 note in my pocket and I loved the massive 50p's always thought the queen looked pretty (2nd portrait by Arnold Machin) this is how I remember queen. Usually I'd be given a £1 note off the old man to walk to the shop and by a packet of fags for him I still remember 10 players No 6 were 76 & 1/2 pence a packet and would get 10p for going, this was the time where half pence sweets were a thing, the prise was the 3 pence sweets the white chocolate fish and chips for those who remember those.........There is so much nostalgia with handling currency going forward I doubt there will be the same for those tapping a card or phone for future generations.
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Paul got a reaction from Gruff in Gold Monitoring Thread £ GBP only
Just buy by the 2oz gold
........ then one doesn't need to make such trivial calculations
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Paul got a reaction from stackerp5 in Gold Monitoring Thread £ GBP only
Nah, this is how I picture young @James32 and @GoldDiggerDave with his log burner on the back
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Paul got a reaction from 9x883 in Gold Monitoring Thread £ GBP only
Is it the right time back up the truck and stack silver ?
( Asking for a friend)
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Paul got a reaction from Scootermuppet in Gold Monitoring Thread £ GBP only
Is it the right time back up the truck and stack silver ?
( Asking for a friend)
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Paul reacted to Scootermuppet in Gold Monitoring Thread £ GBP only
Blimey, I have a break from the forum, and Gold ends up at £1723 an ounce 😲
…maybe I should take another break 😏