silversky

I'm in with a 2007 Britannia & a few tiddlers
 

Not the best picture but a 1oz Silver Czech lion 2020 and half ounce 2011 Koala  in great condition.

I'm in as well 1 oz Silver Lunar Ox

I'm in with the choice of 1oz Libertad from either 2002, 2008 or 2011 from my duplicates

I'm in with a choice for the winner.
Either a cheeky "Big cats are Dangerous" stocking filler!
Or a Bull / Bear flipper to help with timing your buys and sells.
Winners choice.

There is too much debt, whether government, corporate, municipal or personal. There is no realistic prospect of a sharp increase in economic growth that would allow us to afford it, so the debt must be reduced. It can be reduced in nominal terms, i.e. by defaulting on it, or in real terms, i.e. by inflating it away. The latter is the soft option and is what governments will do. To bring debt under control will require negative real interest rates of probably -4% to -6% for years to come. So, we may reasonably expect inflation to stay at the 4% to 8% level, while interest rates remain very low at about 0% to 2%.
High levels of inflation cost governments money, because they have outgoings, such as benefits and pensions, that are index-linked. So, governments are always motivated to understate inflation. Also, economic performance is often measured as real GDP growth, so the inflation rate acts as a negative factor. Understating inflation makes the real GDP performance look better than it actually is.
Invest accordingly. The worst thing to hold in an inflationary environment is cash. Commodities that will retain their value, such as precious metals, are better. Better still are productive assets, such as farmland or rental properties. Better again are businesses with pricing power that can benefit from higher prices. Best of all is to invest in your own skills and knowledge so that you can always earn a living.

Must be transitory right?

I'm not sure how effective this would be, there's far too much capital out there, and whilst paying interest on it might sponge it, paying increasing amounts of interest on an ever ballooning amount of capital might end badly.  Back in my day, capital was used for productive purposes, but that's a foreign concept these days.
it would choke the housing markets and cause widespread devastation. Remember that the global economy was put on hold for a good year, something that has not happened before. Remove the effects of the government stimulus and the 'money illusion' and it would be clear that the post March 2020 economic recovery would barely register on the chart, after a fall that likely equals or surpasses that of the Great Depression.
In that depression, at least the rich got poorer, and the poorer got better off. That crisis, however, wasn't resolved until WW2.
having a bonfire might be more suitable !
 

Anyone who thinks inflation is less than 2% must be living in their mother's basement.
If you own/rent a house, pay the utilities, run a car (or two) and put enough food on the table for a family of four, then you know inflation is hovering around 10%.

I'm in with a choice for the winner.
Either a cheeky "Big cats are Dangerous" stocking filler!
Or a Bull / Bear flipper to help with timing your buys and sells.
Winners choice.

Yeah right... if your people don't believe the climate scam, "you cut what they get till they change".
That sounds a bit ideological to me, but I can't say that I'm particularly surprised given your previous expressions of support for the antifa communists.
BTW, I don't believe for one moment your assertion that you can't install solar panels in Florida.  I'm pretty sure you just made that up to slur the governor and make it sound like the crazy goes both ways.  It's a patently absurd thing to suggest and I simply don't believe it.
I've just checked it right now, and of course it's not true!  The first page I came across is linked below and it's clearly allowed to install solar in Florida.  Dated May this year so not out of date.
I don't know how the details got mixed up wherever you get your news, but perhaps it's that the guvvna won't let you sell electricity to the grid at a subsidised price or something like that?  That would of course be an entirely different matter to not letting you install panels for your own use.  There are places (Spain) where scamsters have been making money through subsidies, selling fake solar energy to the grid and generating it using diesel!!!  Yup.. that's right.. diesel!!!  Now that sort of thing obviously needs to be kept in check, and so there have to be rules and regs about how your power supply is connected to the grid.  That does not mean you're not allowed solar panels.  Perhaps you think there should be more generous state subsidies which pay you for having them?  It certainly seems like there are schemes to write off against tax for the cost of install so I really don't see your argument based in reality at all.
https://www.solarreviews.com/blog/solar-panels-florida-worth-it-expert-savings-guide
As said before (and back towards the point of this thread), the oil price affects the rest of the world deeply.  Deliberate high energy costs will increase inflation everywhere, and this eventually affects the price of silver in pounds.  I don't believe that either the fed or the BOE will be able to keep a lid on this by raising rates.  They don't have any room to do that without crashing everything.  I therefore don't believe that this is 'transitory' and I expect higher prices in gold, silver, houses and just about everything you can touch.
 
 

Oil prices don't look likely to drop any time soon.  And increasing interest rates isn't going to bring the price of oil down when you cut your own production.  The Brandon administration have been very determined to cause significant self inflicted damage to the USA's energy independence.  Keystone was a massive blunder and the line 5 issue which has upset the Canadians into invoking an old treaty, certainly isn't going to help.  For now they're denying that they ever intended to shut it down, but there was clearly a move towards that which forced the Canadians' hands.  The USA has ideologues in power right now.  That means three more years of energy insanity, and most likely a further significant increase in the money supply.  Hence my view that inflation is far from transitory.
Here in the UK we're playing the same silly game.  There's a lifetimes supply of gas under our feet, and yet we're playing for the most expensive energy option there is.  The cost of energy will necessitate more government largesse and this will drive inflation.  The cost in pounds of anything real is set to rise, regardless of demand.

The government of the day always tries to prop up the housing market.  And they always fail.  It doesn't matter if it's left or right politically, they're both committed to private property rights and the ability of banks to create credit.  Therefore, an exuberance always grows followed by a crash.
Between 2007 and 2011, in real terms, houses lost 25% of their value.  That 25% is the portion that most people typically own, with the rest being owned by a bank. 
The theory goes that there's a roughly 18 year cycle peak to peak (min max 17-21) which follows through in most developed western nations.  This means that a new peak should be achieved somewhere around 2024-2028, followed by approximately 4 years of correcting and losses.
This is the reason for my note to self about being out by 2024.  I'd rather miss out on the last couple of years of frenzied rises (and not be susceptible to believing that this time it's different) than be sitting on a 25% loss four years later.  It's always best to leave a bit for the next guy rather than trying to time a top too closely.
The demographics issue will really add fuel to this cycles' downturn.  That's the reason why I think that the crash will be bigger than 2007-2011 or the previous one in the 90's (I remember interest running about 15%).  Next time, there will be a huge oversupply, as grand old properties which have been locked out of the market for the last half century start to flood the market.
Personally I think gold and silver are going to do well.  But property is now in the second half of it's cycle and I think it will therefore outperform gold and silver over the next couple of years.  Who knows, I could be hideously wrong. 

What a big call. 
Baby boomers eldest are 76 -56 so you are correct they are already dying.  esp in the North.  The problem with your theory is the Government will do anything to prop up the housing market.  imo  meaning the down turn will not be as bad as it should be. 
I think you put a good argument with good merits. 

The government of the day always tries to prop up the housing market.  And they always fail.  It doesn't matter if it's left or right politically, they're both committed to private property rights and the ability of banks to create credit.  Therefore, an exuberance always grows followed by a crash.
Between 2007 and 2011, in real terms, houses lost 25% of their value.  That 25% is the portion that most people typically own, with the rest being owned by a bank. 
The theory goes that there's a roughly 18 year cycle peak to peak (min max 17-21) which follows through in most developed western nations.  This means that a new peak should be achieved somewhere around 2024-2028, followed by approximately 4 years of correcting and losses.
This is the reason for my note to self about being out by 2024.  I'd rather miss out on the last couple of years of frenzied rises (and not be susceptible to believing that this time it's different) than be sitting on a 25% loss four years later.  It's always best to leave a bit for the next guy rather than trying to time a top too closely.
The demographics issue will really add fuel to this cycles' downturn.  That's the reason why I think that the crash will be bigger than 2007-2011 or the previous one in the 90's (I remember interest running about 15%).  Next time, there will be a huge oversupply, as grand old properties which have been locked out of the market for the last half century start to flood the market.
Personally I think gold and silver are going to do well.  But property is now in the second half of it's cycle and I think it will therefore outperform gold and silver over the next couple of years.  Who knows, I could be hideously wrong. 

In real terms (gold) property peaked about 20 years ago. When measuring in fiat more paper seems to be the Central Banksters cure to every problem. You would have to get your timing perfect in order to profit from giving up a property title in exchange for fiat IMO. If you controlled interest rates it would be easy.

I'm in with a choice for the winner.
Either a cheeky "Big cats are Dangerous" stocking filler!
Or a Bull / Bear flipper to help with timing your buys and sells.
Winners choice.

I'm in with a 2000 Silver Proof One Pound Coin that does have it's box and a 5p silver proof set 😁😋
 
 

I'm in with a 1oz american silver eagle - colourised titanic edition (with certificate of authenticity). Plus £20 to the winners charity of choice. 

Yeah right... if your people don't believe the climate scam, "you cut what they get till they change".
That sounds a bit ideological to me, but I can't say that I'm particularly surprised given your previous expressions of support for the antifa communists.
BTW, I don't believe for one moment your assertion that you can't install solar panels in Florida.  I'm pretty sure you just made that up to slur the governor and make it sound like the crazy goes both ways.  It's a patently absurd thing to suggest and I simply don't believe it.
I've just checked it right now, and of course it's not true!  The first page I came across is linked below and it's clearly allowed to install solar in Florida.  Dated May this year so not out of date.
I don't know how the details got mixed up wherever you get your news, but perhaps it's that the guvvna won't let you sell electricity to the grid at a subsidised price or something like that?  That would of course be an entirely different matter to not letting you install panels for your own use.  There are places (Spain) where scamsters have been making money through subsidies, selling fake solar energy to the grid and generating it using diesel!!!  Yup.. that's right.. diesel!!!  Now that sort of thing obviously needs to be kept in check, and so there have to be rules and regs about how your power supply is connected to the grid.  That does not mean you're not allowed solar panels.  Perhaps you think there should be more generous state subsidies which pay you for having them?  It certainly seems like there are schemes to write off against tax for the cost of install so I really don't see your argument based in reality at all.
https://www.solarreviews.com/blog/solar-panels-florida-worth-it-expert-savings-guide
As said before (and back towards the point of this thread), the oil price affects the rest of the world deeply.  Deliberate high energy costs will increase inflation everywhere, and this eventually affects the price of silver in pounds.  I don't believe that either the fed or the BOE will be able to keep a lid on this by raising rates.  They don't have any room to do that without crashing everything.  I therefore don't believe that this is 'transitory' and I expect higher prices in gold, silver, houses and just about everything you can touch.
 
 

Oil prices don't look likely to drop any time soon.  And increasing interest rates isn't going to bring the price of oil down when you cut your own production.  The Brandon administration have been very determined to cause significant self inflicted damage to the USA's energy independence.  Keystone was a massive blunder and the line 5 issue which has upset the Canadians into invoking an old treaty, certainly isn't going to help.  For now they're denying that they ever intended to shut it down, but there was clearly a move towards that which forced the Canadians' hands.  The USA has ideologues in power right now.  That means three more years of energy insanity, and most likely a further significant increase in the money supply.  Hence my view that inflation is far from transitory.
Here in the UK we're playing the same silly game.  There's a lifetimes supply of gas under our feet, and yet we're playing for the most expensive energy option there is.  The cost of energy will necessitate more government largesse and this will drive inflation.  The cost in pounds of anything real is set to rise, regardless of demand.

Everything's transitory if you expand the timescale chaps.   It just depends what timescale you think is appropriate.
If it was 6 months only, then I would agree with you.  Two years, certainly not.  Perhaps we would find more agreement if we flesh out what we mean by the word transitory.  For me, transitory is absolutely categorically less than a year.
When do you see this 'transitory' inflation ending?  And what length of time does the word imply to you?

Yeah right... if your people don't believe the climate scam, "you cut what they get till they change".
That sounds a bit ideological to me, but I can't say that I'm particularly surprised given your previous expressions of support for the antifa communists.
BTW, I don't believe for one moment your assertion that you can't install solar panels in Florida.  I'm pretty sure you just made that up to slur the governor and make it sound like the crazy goes both ways.  It's a patently absurd thing to suggest and I simply don't believe it.
I've just checked it right now, and of course it's not true!  The first page I came across is linked below and it's clearly allowed to install solar in Florida.  Dated May this year so not out of date.
I don't know how the details got mixed up wherever you get your news, but perhaps it's that the guvvna won't let you sell electricity to the grid at a subsidised price or something like that?  That would of course be an entirely different matter to not letting you install panels for your own use.  There are places (Spain) where scamsters have been making money through subsidies, selling fake solar energy to the grid and generating it using diesel!!!  Yup.. that's right.. diesel!!!  Now that sort of thing obviously needs to be kept in check, and so there have to be rules and regs about how your power supply is connected to the grid.  That does not mean you're not allowed solar panels.  Perhaps you think there should be more generous state subsidies which pay you for having them?  It certainly seems like there are schemes to write off against tax for the cost of install so I really don't see your argument based in reality at all.
https://www.solarreviews.com/blog/solar-panels-florida-worth-it-expert-savings-guide
As said before (and back towards the point of this thread), the oil price affects the rest of the world deeply.  Deliberate high energy costs will increase inflation everywhere, and this eventually affects the price of silver in pounds.  I don't believe that either the fed or the BOE will be able to keep a lid on this by raising rates.  They don't have any room to do that without crashing everything.  I therefore don't believe that this is 'transitory' and I expect higher prices in gold, silver, houses and just about everything you can touch.
 
 

The price in GBP has exceeded yesterdays initial spike in both gold and silver.  This afternoon the price of silver in USD has exceeded yesterday but gold is just resisting.  If gold in USD exceeds yesterdays spike high then it's very likely that this run up is going to continue.  £20 next week?

The thing is that many of the children of the boomers already now possess their own properties.  They were a lot older before being able to buy them but they do now mostly possess property as well.  When they inherit a second home between siblings, they will either rent it out or sell it.  If it rents out and turns into HMO, it reduces accommodation demand more than a sale.  Either way, it's the sheer amount of under occupied property which is due to come onto the market in the coming years which will act against the current force of artificial population growth.  Some of the immigrants may also start to go home if things get difficult, and combined with the sudden increase in supply, this will create the perfect storm.  All just my opinion of course, but it's based off the land price cycle combined with demographics.