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.


Silver Premium Member
  • Content Count

  • Joined

  • Last visited

  • Feedback

  • Country

    United Kingdom


About cravethatcoin

Profile Information

  • Gender
  • Location

Recent Profile Visitors

1,435 profile views
  1. cravethatcoin

    Sold all my Gold

    You could be right. I sold about 30% of my gold at a 35% profit with the belief that prices would come down again. But held onto most of my stack incase they don't. Short term it was the wrong move as gold has gone up £100 above my sale price since then but who knows what will happen in a few months to a year.
  2. Completely agree with the ability to profit from a lower oil price than US/UK companies. I am a beginner at investing but the chart for gazprom does not look particularly inviting. -11% YTD but then maybe that suggests that the company has always been fairly valued compared to inflated US/UK companies. Their balance sheet and income statement look very healthy though.
  3. Yes I am. As you mentioned in that thread I found US/UK companies require a much higher oil price to be profitable so purchased some Chinese and Rusian companies for some protection. I have a keen interest in purchasing stocks from emerging countries.
  4. In the long term oil companies are in for trouble but I think medium term there has to be a good upside from the current industry prices. I purchased BP at around -48% YTD but I it's only 1 of 15 oil companies I have bought shares in.
  5. Hello all, Found the BP chart interesting. The price of BP stock is currently cheaper than it was after the crash caused by the oil spill in 2010 (shown on the left). Is anyone looking at oil companies at the moment?
  6. I think in many areas there will be a crash with London and the South East being the most effected. Aside for the current economic issues there's one factor I believe is going to cause problems for London. That is the new shift towards working from home which has been pushed forward by the current situation. If there's no need to work in London the desire to live there and pay the high prices will decline. Another issue is how many landlords will get destroyed by recent events. It's only going to be harder and harder to justify rental property as a business going forward. Less investment demand will lead to more stock and lower prices.
  7. That will of course vary for everyone. My personal view is that I would never own enough to justify using a vault service.
  8. I can't understand the desire to use a vault or security deposit and not hold the asset physically unless we are talking about a large amount. Granted it's not as bad as trading paper gold but still one step away.
  9. I can't see this happening in this day and age. Although if it did they couldn't ban it forever so I suspect most would hold it until that day comes.
  10. Hello, Looking for the invoice to renew premium memebership but for the life of me cannot find where that is. Cheers.
  11. Wow now that's what you call a bar! Also a very good price per oz considering the current times.
  12. As soon as lockdown comes to an end you can expect to see premiums come back down. Certainly at some point later this year premiums will come down.
  13. I have had a lot of fun with the stock market the last 2 months. I am currently up 28% and have been buying only the most effected industries for the long term. Shell, BP, OXY, Boeing and small to mid oil companies, 1 Russian and Brazilian due to the risk of US based companies requiring a high oil price for profit. Saw a oil company that filled for bankruptcy (WLL). Took a small $50 gamble on it as a either it's going to 0 or it is going to see a good return in the long term if it survives. I wanted to hold for the long term as with all my stocks but when it reached over 300% profit in a few days I set a stop loss which was later hit for a 275%. I know that kind of return is not the norm and it was a pump. But was happy to put that $130 profit into companies such as BP and Shell.
  14. Looking at the chart it looks very volotile. Also up very slightly on the year. I'm also looking to get into mining stocks but some of the others are up 80% on the year so will pass for now.
  • 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