Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

REILsilver

Silver Premium Member
  • Posts

    175
  • Joined

  • Last visited

  • Trading Feedback

    100%
  • Country

    United Kingdom

Posts posted by REILsilver

  1. 9 minutes ago, CANV said:

    it is. but its not the banks call.  just like an over officious Wetherspoons bar tender demands id off a 23 yr old.  or tells your 17 yr old they have to leave by 9 pm..   they dont want to do it. they have to. 

    or they get shut down.  blame the regs not the companies/staff  that have to apply them.  

    anyway. golds going to 1300 quid. 

    I get it, I just think its strange that out of the 10 years I have been with this particular bank, the time I start buying alot of PMs is the time they decided to be all protective. 

  2. 7 minutes ago, CANV said:

    Bank staff  don’t look at transactions.  Their computers do..  the banks are under huge pressure to stop their customers being scammed.  
    do not put the word ‘coin’ in any narrative box.  This immediately sets off the Bitcoin alarm .  There are many other trigger words. 
    the banks aren’t out to get you .  They have to comply with many a regulation that our wonderful government and financial overlords set 

    It's a fine line between protection and control. 

     

    1 hour ago, apachebleu said:

     @BackyardBullion just did a video about his own experience recently with this. He had Major problems with his bank blocking payments to the mint, after speaking to their fraud team they said he was all set.

     He tried his card again while on the phone and it failed again. In the end the guy on the phone told him that even though he had completed all fraud checks the algorithm wouldn't allow it.

     

     Now I'm no conspiracy theorist but this is recently happening to a lot of people trying to move money out of the mainstream banks and in to crypto or metals. 

     It's very strange and I doubt it's a coincidence, does someone not want you to move your money out of the banks? Are they so overburdened they can't afford cash withdrawls on any type of scale and they are doing anything possible to avoid giving it out? Do we have more banks waiting to collapse?

     Or possibly someone wants gold, lots of it and is trying to stop it leaving the markets?

     If either I would lean towards the first, I think a lot of banks have bugger all in reserve and are in no position to hand out cash/see it leave their system. 

     

     Either way I feel a lot more comfortable with a decent amount of gold in my possession. 

    The bank assistant was very close to closing my account and setting up a new one.

  3. 53 minutes ago, apachebleu said:

     @BackyardBullion just did a video about his own experience recently with this. He had Major problems with his bank blocking payments to the mint, after speaking to their fraud team they said he was all set.

     He tried his card again while on the phone and it failed again. In the end the guy on the phone told him that even though he had completed all fraud checks the algorithm wouldn't allow it.

     

     Now I'm no conspiracy theorist but this is recently happening to a lot of people trying to move money out of the mainstream banks and in to crypto or metals. 

     It's very strange and I doubt it's a coincidence, does someone not want you to move your money out of the banks? Are they so overburdened they can't afford cash withdrawls on any type of scale and they are doing anything possible to avoid giving it out? Do we have more banks waiting to collapse?

     Or possibly someone wants gold, lots of it and is trying to stop it leaving the markets?

     If either I would lean towards the first, I think a lot of banks have bugger all in reserve and are in no position to hand out cash/see it leave their system. 

     

     Either way I feel a lot more comfortable with a decent amount of gold in my possession. 

    It is one of the main reasons I started buying PMs only a month or so ago. Something is happening. All banks in my surrounding local towns are closed or closing. Cash point are regularly out of funds, more and more shops are limiting cash back and payments are being monitored. Its happening right under our noses.

  4. 58 minutes ago, katyc said:

    Yep, it was only a £280 transaction... Account frozen for over a week! They unfroze it with no explanation or investigation. There was no need for it. I made a complaint and got £75 compo but didn't make up for the inconvenience and frustration it caused. 

    Dammm! I didn't complain hard enough. Lol

  5. 12 minutes ago, Paul said:

    Nationwide made me jump through hoops buying my last five sovereign for £2650 the other month - first time this has ever happened to me in 100s of purchases/sales - i thought nationwide were the good guys, evidently not :( 

    Same, it was first time for me too. Don't think any of them can be classed as the good guys.

  6. 11 hours ago, GoldDiggerDave said:

     

    after making a transaction to another TSF member recently my bank put red flags put on my bank account and froze it, I then had to spend hours on the phone to un freeze it. I also know that he had similar problems on his end from his bank. Never had this buying anything else. Seems strange

×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use