FlorinCollector

@James32 I have been eyeing up a sovereign but don’t want my purchase to spike the price further.

@James32 I have been eyeing up a sovereign but don’t want my purchase to spike the price further.

its below £1500 again - we're dooooooooooooooooooooomed !! Wonga was right $400oz here we come 

Did you sell a pile of gold to gain 1oz of silver?

Below £1,500 😥😥
Crypto is less volatile these days 🥴

I’m back @James32

No

No

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Is @FlorinCollector still a member 🤔 

Just bought the dip to see if it keeps dipping 😃

Dont be surprised if it is a bail-in with account holders "Cyprus style" not just shareholders,
You are a partial shareholder of the bank if you have savings/deposits with them
Cyprus style, they'll just say anything you hold in bank over £X amount you are issued shares 
The money you deposit into the bank you think is yours really isn't, you are an unsecured creditor of said bank 
In this day and age, the only thing i would hold in the bank is enough to cover your day to day monthly expenses, hold your rainy day money outside of the bank or hold some money across several bank accounts, not having all your eggs in one basket with one bank   
When and if there is ever a bank run or similar it will already be agreed withdrawal limits, i also don't see it as any coincidence why branch after branch is closing its doors, we know they are pushing the cashless agenda, but you cant run on a bank, if there is no bank to run to ! 
Restricting outwards transfers from online service could be stopped at the flick of a switch im sure 

It says it will be the shareholders who will be holding the bag first not the tax payer. 
 
So when it says the debt holder will be the new share holder I guess it means those who were the existing share holders.
But why would you want to be a shareholder in a company that is winding down to end. 

https://www.bankofengland.co.uk/news/2022/june/resolvability-assessment-of-major-uk-banks-2022 interesting read

I hope so. I want to buy some soon.

No apologies needed payday for me is Monday. Prices looking good 😎

No apologies needed payday for me is Monday. Prices looking good 😎

it was my fault for todays dip sorry, bought gold earlier this week  

Gold and Silver finally joining the dip?  @James32

Can get free delivery if you click on the double sovereign link over on chards thread, only works if you actually want a double sovereign too😂 two birds one brick lol

"Bail-in’ is our preferred resolution strategy for the largest banks that provide vital services to the UK economy. In a ‘bail-in’ the firm’s equity is written off, and debts written down, to absorb losses. Then it is recapitalised – the debtholders whose debt was written down are issued equity and become the new shareholders. In the medium-term, it would be restructured to address the causes of failure and restore market confidence. The firm remains open and operating throughout the resolution."
So... Who are these debtholders they speak of? 🧐

Amazing pictures, any chance of giving a vague idea what some of those are? You are right in the comments you have previously put out on here, personally I have only been into this for a few months, but it feels great when I walk in the front door and there is a little parcel sat waiting, sit it on the table, get it opened and … yes! More gold! 😊
 
 

Very modest description, must be if not already closer to seven, but if you want a quick sale for £100k 😂😂

Remember to any newbie reading this, i have spoke here several times about me having a gambling problem in my 20s (my full story below)
Seeing my gold stack all together makes me even more proud of what ive managed to achieve, for someone who could never hold onto money