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Martlet

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  1. Like
    Martlet got a reaction from HonestMoneyGoldSilver in Pep talk: don't sell your PM now   
    On the other hand, gold has been rising about 12% pa average the past 5 years. That would lose you 7% if the trend continued.  So much for "guaranteed" return. 
    Paying off debt is popular idea, it overlooks time value of cash.  If money is worth less in the future, its easier to obtain, it may be beneficial to pay then rather than now.  Depends on what you do with cash in between.  It is, as you say, complicated.  
  2. Like
    Martlet got a reaction from RDHC in CBDCs, crypto and gold.   
    Central Bank Digital Currency. 
    In the fevered mind of some they will replace currency and the government will control what you can spend on.  In practice they'll only appeal to statist nations, like China, because with control over spending comes responsbility to provide for the population.  China is culurally fine with that, Western liberal democracies would rather tell you what to do from arms length, let you get on with the day to day.  The real advantage of them, and crypto generally in future, will be in the finance industries, where they tracking of ownership of assets reduces risks.  
  3. Like
    Martlet got a reaction from LawrenceChard in CBDCs, crypto and gold.   
    Central Bank Digital Currency. 
    In the fevered mind of some they will replace currency and the government will control what you can spend on.  In practice they'll only appeal to statist nations, like China, because with control over spending comes responsbility to provide for the population.  China is culurally fine with that, Western liberal democracies would rather tell you what to do from arms length, let you get on with the day to day.  The real advantage of them, and crypto generally in future, will be in the finance industries, where they tracking of ownership of assets reduces risks.  
  4. Like
    Martlet got a reaction from SilverStorm in If You Don’t Hold It, Then You Don’t Own It   
    I can think of other sets of risk.  If a company that holds your gold under full allocation goes bust and the asset cannot be accessed, or ownership not proven. Or if the government seize the assets allocated to you, or simply seize all of that asset type in secure vaults. 
     
  5. Like
    Martlet got a reaction from GoldDiggerDave in If You Don’t Hold It, Then You Don’t Own It   
    I can think of other sets of risk.  If a company that holds your gold under full allocation goes bust and the asset cannot be accessed, or ownership not proven. Or if the government seize the assets allocated to you, or simply seize all of that asset type in secure vaults. 
     
  6. Haha
    Martlet reacted to NewCoins in Gold Monitoring Thread £ GBP only   
    Don't worry about it.
    The Russians are petrified everytime they hear a farmer in a tractor 😉
  7. Haha
    Martlet reacted to James32 in Gold Monitoring Thread £ GBP only   
    Sorry for going off topic 😅 but we are currently at £1467, not that anyone asked. 
  8. Like
    Martlet got a reaction from LawrenceChard in Which website/place usually have the best cheapest prices deals on Gold Britannias?   
    Awkward view when earlier in thread we have a poster who seems to think it can be cut out for little impact.  People really do get taken in by "free" p&p, and often pay more when you look at >1 item because of it. 
  9. Like
    Martlet got a reaction from dicker in Which website/place usually have the best cheapest prices deals on Gold Britannias?   
    Awkward view when earlier in thread we have a poster who seems to think it can be cut out for little impact.  People really do get taken in by "free" p&p, and often pay more when you look at >1 item because of it. 
  10. Like
    Martlet got a reaction from Midasfrog in Gold Monitoring Thread £ GBP only   
    I dont think they have an actual pipeline though.  So all by ship, if they have them. 
  11. Super LOVE
    Martlet got a reaction from LawrenceChard in Which website/place usually have the best cheapest prices deals on Gold Britannias?   
    Cheapest will be Chards probably.
    CGT answered above. 
    You shouldnt pay import on gold to UK but seems customs and delivery companies often get this wrong and even corrected fees may have to be paid. After shipping unlikly to be cheaper. 
    No such power exists today. 
    You dont, cant send physical over the ether. But online sellers will always accept fiat (albeit poor exchange) and this is where crypto comes in. 
    All coins and notes will be changed over through banks, as happend many times before. 
     
  12. Like
    Martlet got a reaction from Roy in 40% of Americans can't afford $1000 for an emergency!   
    In the modern world people tend to buy things, spend everything earnt rather than save.  Product of decades of good times and state welfare. 
     
  13. Like
    Martlet got a reaction from MJCOIN in 40% of Americans can't afford $1000 for an emergency!   
    In the modern world people tend to buy things, spend everything earnt rather than save.  Product of decades of good times and state welfare. 
     
  14. Like
    Martlet got a reaction from stefffana in Ethically sourced gold - opinions   
    I once faced a similar dilema, finding a mis-pricing and wondering if i should take advantage or inform the business.  When I rechecked, realised i'd misunderstood the specification and it was not mis-priced at all.  I wonder if thats happened here. 
  15. Like
    Martlet got a reaction from paulmerton in Ethically sourced gold - opinions   
    I once faced a similar dilema, finding a mis-pricing and wondering if i should take advantage or inform the business.  When I rechecked, realised i'd misunderstood the specification and it was not mis-priced at all.  I wonder if thats happened here. 
  16. Super Like
    Martlet got a reaction from Darr3nG in Silver Monitoring Thread £ (GBP) only.   
    Will that involve returning to 20 shillings to the £?  Hopefully using silver coinage, will help the silver price. 
  17. Like
    Martlet reacted to GoldStandardPartyUK in Silver Monitoring Thread £ (GBP) only.   
    I think the point should be don't go all in on a doomsday scenario or any scenario
  18. Like
    Martlet got a reaction from sjhdesmond in Silver Monitoring Thread £ (GBP) only.   
    It was different the last few times.  You may have noticed no proper property market correction for 30 years despite two recessions and a stock market crash.
  19. Like
    Martlet got a reaction from Chrisplym in Coin Cabinet Auction 1989 PF70 Sovs   
    Sovereign more collected i'd imagine. The 1989 Sov PF70 has been £1900-2000 for a few months so it's not a unusual occurance.  
  20. Like
    Martlet got a reaction from Griffo in Coin Cabinet Auction 1989 PF70 Sovs   
    Sovereign more collected i'd imagine. The 1989 Sov PF70 has been £1900-2000 for a few months so it's not a unusual occurance.  
  21. Like
    Martlet reacted to jultorsk in Coin Cabinet Auction 1989 PF70 Sovs   
    It's a recently added feature on their website, you can search per country - denomination - year - metal but this one shows only archives 6 months back.  You'll need to register to get access to the results archive though.
    Or, just search all past auctions on their auction site - that one shows all their auctions way back when they started (what bargains there were, in hindsight!).
    --
    Strong prices indeed in this auction. No lack of disposable income it seems. 🤷‍♂️
     


  22. Like
    Martlet got a reaction from jultorsk in Coin Cabinet Auction 1989 PF70 Sovs   
    Sovereign more collected i'd imagine. The 1989 Sov PF70 has been £1900-2000 for a few months so it's not a unusual occurance.  
  23. Like
    Martlet reacted to MJCOIN in The difference between   
    Firstly, all modern SOTDs produced to date are not proofs so will be graded as MS70 rather than PF70.  SOTDs are BU (brilliant uncirculated) not proofs.
    A lot of SOTD sovereigns have a plain edge rather than milled (although not all of them) and many of them are a matte finish, but again not all.
    The biggest factor (in my opinion) is the low mintages of SOTDs.  Some have very low mintages in the region of 650 or so.  
    These factors make SOTD sovereigns unique and highly collectable (although not everyone would agree with this statement - horses for courses).
  24. Like
    Martlet reacted to Bumble in How is inflation effecting you in 2022?   
    That Tesco ad indicates that prices have increased by a factor of about 10x to 12x since 1972. That would be roughly in line with official inflation figures for the UK.
    Some of the items are difficult to compare because the sizes are variable or may have changed. Penguin biscuits for example are listed there at 9.5p for 6, whereas they are now £1 for 8, which is 8.3x, but they are probably smaller now, since most confectionery has shrunk. The easiest one to compare is the butter at 12.5 p per half pound, which equates to 55p per kg, compared with today where you might pay £6 per kg for a cheap supermarket own brand up to £8 for a premium brand, giving between 11x and 14x. The can of baked beans at 6.5 p for 13 oz equates to 17.66 p/kg versus about £1.50 per kg for a supermarket own brand or £2.40 for Heinz, giving between 8x and 13x.
  25. Haha
    Martlet reacted to GoldDiggerDave in How is inflation effecting you in 2022?   
    FFS.......I have just been watching the news at 10, and they are talking about 5-6 MILLION people being in fuel poverty.  What the hell is going on in this county, we are suppose to be one of the wealthiest countries in the world and we have millions of people reliant on food banks but can't cook the food they are given because it's becoming too expensive to cook a meal.  
     
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