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MancunianStacker last won the day on February 13

MancunianStacker had the most liked content!


About MancunianStacker

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    Manchester, England, UK.
  • Stacker/Collector

My Precious Metals

  • What I am collecting / Investing in
    Collecting and Investing in UK Tax Free Proofs, graded by PCGS

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  1. https://www.gov.uk/guidance/stamp-duty-land-tax-temporary-reduced-rates
  2. FUBAR? That means something totally different to me
  3. They are classed as additional properties so the normal stamp duty rates apply. The stamp duty relief is just for first homes / own residential properties. It’s just designed to keep the market going really.
  4. With no 95% lenders at present (without family assistance style mortgages), it won’t get any chains started. A 5% top up by the Govt for FTBs only would have had the effect needed but not sure how much that would have cost. Let’s see but without someone to buy your house you ain’t moving, stamp duty or no stamp duty. Every little helps though.
  5. Lower taxes, more money printing.
  6. In the East they the take antibiotics for anything. Higher resistance to it over there which makes me expect a possible super plague. We’ve all heard about the rats 🐀 with the resistance to the poison too. What could go wrong??
  7. Just when we thought 2020 couldn’t get much worse: https://www.google.co.uk/amp/s/amp.cnn.com/cnn/2020/07/06/asia/china-mongolia-bubonic-plague-intl-hnk-scli-scn/index.html
  8. https://www.google.co.uk/amp/s/amp.cnn.com/cnn/2020/07/06/asia/china-mongolia-bubonic-plague-intl-hnk-scli-scn/index.html
  9. No the big kilo bars would be held in the “Bank” backing the digital gold backed currency. No need to put a serial number on an atom, that would be hard work 😂
  10. 👍🏻 A milligram of gold could be reduced down to the atom and “currencied” digitally, at any % of Gold backing. Plenty of gold and silver to back a gold currency if required. Which Govt will do it first? Will others follow and on the same format for simplicity?
  11. True, it's a bit like comparing coal and diamonds I suppose.
  12. “The global gold production is 2500 tonne/year and the global silver production from mines is an order of magnitude higher or 23,000 tonne/year.” Source: https://www.sciencedirect.com/science/article/pii/S0921344913002747 So 9.2oz of Silver to 1oz of Gold mined A lot of good info from this source about when mining will end etc.
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