MancunianStacker

Like land, “they” aren’t making any more gold (at least until we start mining other planets etc). Until then, demand will continue to outstrip supply and as supply gets more difficult, slower and more expensive to mine, gold price will go up. It’s like it’s own natural built-in inflation.
Gold will require more fiat to buy said gold every decade that passes, the gold doesn’t change but the knowledge of the cost to obtain gold in any given currency does.
Just like land and houses in the UK at least, every 20-25 years I’d expect the gold price to at least double. Gold seems to be doing much better than property since 1970, then 1995 and then 2020. Just look at those jumps in fiat price. 👌
No 3rd party and as liquid as cash itself!!!

Never gonna happen, people still think Nixon spoke to three men on the moon 54 years ago using a landline, no way they will ever mine other planets it's a fantasy.

Like land, “they” aren’t making any more gold (at least until we start mining other planets etc). Until then, demand will continue to outstrip supply and as supply gets more difficult, slower and more expensive to mine, gold price will go up. It’s like it’s own natural built-in inflation.
Gold will require more fiat to buy said gold every decade that passes, the gold doesn’t change but the knowledge of the cost to obtain gold in any given currency does.
Just like land and houses in the UK at least, every 20-25 years I’d expect the gold price to at least double. Gold seems to be doing much better than property since 1970, then 1995 and then 2020. Just look at those jumps in fiat price. 👌
No 3rd party and as liquid as cash itself!!!

Like land, “they” aren’t making any more gold (at least until we start mining other planets etc). Until then, demand will continue to outstrip supply and as supply gets more difficult, slower and more expensive to mine, gold price will go up. It’s like it’s own natural built-in inflation.
Gold will require more fiat to buy said gold every decade that passes, the gold doesn’t change but the knowledge of the cost to obtain gold in any given currency does.
Just like land and houses in the UK at least, every 20-25 years I’d expect the gold price to at least double. Gold seems to be doing much better than property since 1970, then 1995 and then 2020. Just look at those jumps in fiat price. 👌
No 3rd party and as liquid as cash itself!!!

Like land, “they” aren’t making any more gold (at least until we start mining other planets etc). Until then, demand will continue to outstrip supply and as supply gets more difficult, slower and more expensive to mine, gold price will go up. It’s like it’s own natural built-in inflation.
Gold will require more fiat to buy said gold every decade that passes, the gold doesn’t change but the knowledge of the cost to obtain gold in any given currency does.
Just like land and houses in the UK at least, every 20-25 years I’d expect the gold price to at least double. Gold seems to be doing much better than property since 1970, then 1995 and then 2020. Just look at those jumps in fiat price. 👌
No 3rd party and as liquid as cash itself!!!

Like land, “they” aren’t making any more gold (at least until we start mining other planets etc). Until then, demand will continue to outstrip supply and as supply gets more difficult, slower and more expensive to mine, gold price will go up. It’s like it’s own natural built-in inflation.
Gold will require more fiat to buy said gold every decade that passes, the gold doesn’t change but the knowledge of the cost to obtain gold in any given currency does.
Just like land and houses in the UK at least, every 20-25 years I’d expect the gold price to at least double. Gold seems to be doing much better than property since 1970, then 1995 and then 2020. Just look at those jumps in fiat price. 👌
No 3rd party and as liquid as cash itself!!!

Shhushhh stop giving away all my secrets😁

Tax Free gold road trip anyone?? 🤔 

Tax Free gold road trip anyone?? 🤔 

Tax Free gold road trip anyone?? 🤔 

Tax Free gold road trip anyone?? 🤔 

Yes, he is right.
If the 20% tax will apply, the second-hand market will adjust instantly gold prices, exactly how is now with silver.
If will apply tomorrow 20% VAT, one ounce of gold will be at any dealer £1536 + 20% + some @3% premium = @1900/oz.
So, on the second hand market, any ounce of gold will sell quick at a minimum of £1800, app £250 more expensive than today.
 

Tax Free gold road trip anyone?? 🤔 

Well gold had tax on it until 1999.
No one thought they'd go after bullion like they did in Germany recently. Trust me ANYTHING can happen. Politics doesn't stand still it evolves, what might seem impossible or unpalatable now, could potentially be easily achieved or even desirable to those in power twenty or thirty years from now.
I'm sure there was a time when no one ever thought the whole world would go fiat.
Currently politicians might have lots of wealth in gold, they might however decide to get out of gold before they change the rules. You know how politicians work...

A nice start to the NY in any case if you are a holder!

Sadly these people are few and far between in life.....
 

Sounds like the kind of mate it’s good to have 👍🏼

No a mate of mine used to be in the army with me - he's got a doctorate and was an analyst for goldmans. He commanded me in Iraq, commando and keen cyclist, does triathlons for a laugh. Top bloke. Runs his own engineering consultancy. 
We spent many a long nights in Iraq talking about economics when we had down time. We've been mates for years.. Always kept in touch and he offered me a job when I got out was struggling. one of the many men whom I admire... As he's a very profound man but very down to earth.

Two of my properties due mortgage renewal next year. I'll go on a rip off variable until it settles. And my insurance (hope) is gold (and silver) will balance against the potential pitfalls. 

Also there 1 trillion  USD FX derivative swaps off the feds balance sheet. A quadrillion normal derivatives, including credit defualt swaps, and CLOs.
Bonds and yields pension nightmare.
Credit Suisse and Deutchse Bank are toxic with derivatives and bonds, they go...  Credit Suisse are quietly being bailed in as we speak....

My mate has made some predictions for 2023 - and he has the brain the size of a mansion. 
Here they are:
[ ] Global recession.
- [ ] Steep broad market declines.
- [ ] Rising dollar.
- [ ] Credit crunch.
- [ ] Sovereign debt crisis.
- [ ] Quantitative easing.
- [ ] Interest rates cut.
- [ ] Inflation returns.
- [ ] Gold to ATH, silver above $30.
- [ ] Energy to ATHs (maybe not uranium).
- [ ] Property will see a small decline then will accelerate into year end.
- [ ] Wildcard 1: Russia “wins” in Ukraine.
- [ ] Wildcard 2: China invades Taiwan.

Can’t even get a reply from royal mint at the moment enquiring about an order that was being shipped working 3 days 2 months ago. Tried several times.  Just had enough with them and their shocking service and my money is just sat with  them why nothing has been shipped since the Edward VII coins. At this point just going to cancel all my orders (about £2.5k) worth and wait and wait for a refund. 

Not been delivered yet………..we are dealing with the Royal Mint here!