dicker

Let's hope it will fall again, I still want to buy much more at the lowest price possible.

Nothing to do with Cameron, at least he gave us the option of leaving, albeit only because he was overconfident of a remain vote.
All the fault of the current craven and treacherous politicians who won't enact the people's will.

No...I would not sell any of my houses in the same way I would not sell gold
But I am degrading my equity positions
To be straight I have a career in investment banking and have seen all sorts of crashes, panics, have seen fortunes lost and made in minutes.  
What works long term in my professional opinion is to buy and hold. 
Best
dicker
 
 

If gold spiked I would sell a portion, otherwise it is there for very old age or a disaster

And the reason for me is balance. Essentially it balances against my other investments.  
It is portable. 
If the terrible hits the fan I can get my family out of the U.K.
Inflation hedge
Plus a long long term investment. I won’t sell and give to my kids
I buy on dips and also on a scheduled basis for pound cost averaging. 
Best
dicker

Oh and additionally, I don’t trust the government not to confiscate my assets and pension
best
dicker

I missed this. But just to answer your questions:
- I don’t just collect PM’s - I invest in lots of asset classes and run a couple of businesses outside of my main job.  Almost all of my investments are long term 10+ years  
- For my kids - because I want them to have a better life than I have had with better early opportunities rather than doing it the hard way. My kids can sell PM’s, properties, investments etc that I leave them and chose what they want to do with the money.
- Bricks and mortar are part of any investment strategy but it’s about balance, and PM’s give a little of that.
All the best
dicker

Technical analysis has lot of negative associations. I could add hundreds of indicators to the charts and come into state of paralysis by analysis. You need devote time energy, effort, dedication into the study of Technical Analysis before dismissing it as voodoo science. I use Technical Analysis to avoid the following situation happening and keep my  emotional state in check.

But as with everything in life the more you study/practice the more proficient you become.

I missed this. But just to answer your questions:
- I don’t just collect PM’s - I invest in lots of asset classes and run a couple of businesses outside of my main job.  Almost all of my investments are long term 10+ years  
- For my kids - because I want them to have a better life than I have had with better early opportunities rather than doing it the hard way. My kids can sell PM’s, properties, investments etc that I leave them and chose what they want to do with the money.
- Bricks and mortar are part of any investment strategy but it’s about balance, and PM’s give a little of that.
All the best
dicker

I missed this. But just to answer your questions:
- I don’t just collect PM’s - I invest in lots of asset classes and run a couple of businesses outside of my main job.  Almost all of my investments are long term 10+ years  
- For my kids - because I want them to have a better life than I have had with better early opportunities rather than doing it the hard way. My kids can sell PM’s, properties, investments etc that I leave them and chose what they want to do with the money.
- Bricks and mortar are part of any investment strategy but it’s about balance, and PM’s give a little of that.
All the best
dicker

And the reason for me is balance. Essentially it balances against my other investments.  
It is portable. 
If the terrible hits the fan I can get my family out of the U.K.
Inflation hedge
Plus a long long term investment. I won’t sell and give to my kids
I buy on dips and also on a scheduled basis for pound cost averaging. 
Best
dicker

The cabal have kept gold and silver in a price range since 2014, gold between - 1350/1050.
At the time price went down to 1050, Goldman Sachs was advising clients to short gold and making out it would go to 800. At the same time they were loading up on gold as was China, Russia and the remaining nations not in the asylum.

We can all understand you want to minimise your risk. What I don't understand and I assume a few others here, is that you think shares and bonds bear less risk than gold, particular in these financially volatile times with such obvious bubbles on the stock markets and high levels of government debts.

"Only hold as much gold as your understanding allows"
Post Brexit the £ will likely crash again, Carney will see to it as he did straight after the vote in 2016 - he QE'd and knocked interest rates down losing us a sickening amount of purchasing power in sterling. Those in gold saw a relative increase in their purchasing power of their savings relative to houses, stocks, anything priced in sterling that didn't move higher right away. 
Measured in sterling house prices have not done much around here. Measured in gold houses have crashed since December 2015. I sold most of my gold after Brexit and bought.

A few comments here are a bit harsh but to be expected. You have been a member of this forum for the best part of 2 years.
In April 2017 you posted asking about which gold coins to buy. You were showered with 2 pages of suggestions. You made good choices in the coins you got if you were looking at 1oz coins. Your intention was to hold them for a number of years. All good so far. You joined a community of gold bugs, you asked for advice, you made good coin choices, you realised gold coins are longer time frame holdings.
You did not post on the forum since then and selling the coins. That does not mean you haven't been reading and learning about gold and silver, a lot of people prefer to watch and read rather than mucking in. However i suspect you haven't been reading much.
You then sold the coins. You didn't ask for the advice of the community but you did come back to tell us you made a £600 loss selling to Atkinson's. You panicked - you say you wanted to get rid of them as quickly as possible.
Members are being unsympathetic b/c to them it is barn door obvious that rather than posting to say you 'got stung' you should have posted asking for advice about selling. You would have had a queue of people wanting to buy those coins. You could have used Backyard Bullion as an intermediary, a new service he is offering. Longstanding members would not diddle you, they have their good name to defend, they are decent honest members of a community. You are in a round about way saying we are untrustworthy. You didn't trust us anyway.
i don't think selling now was the right decision but i might be proven wrong. That is a judgement call that only and time will tell. The issue is you didn't need to lose the £600. You could have come out clean, you might even have made a profit.
It is done now.

Just to add, if you are looking for a one way bet, then don’t invest in anything - you will always be disappointed. 
Best dicker

No...I would not sell any of my houses in the same way I would not sell gold
But I am degrading my equity positions
To be straight I have a career in investment banking and have seen all sorts of crashes, panics, have seen fortunes lost and made in minutes.  
What works long term in my professional opinion is to buy and hold. 
Best
dicker
 
 

usage of cash is your circumstances
not dealing with a stranger is your choice
not checking / shopping around for a better deal ?
this forum function like a community, where you can ask around for the going rate of an item, the people would direct to the better deals they know, thousands of members who know gold better than many many average folks out there
its seems like a custom to offer to our own forum members first, even eBay can get a better price, which seems to be contradictory
but sometimes you need help from another to get the desired items

I suspect you will get a better price for silver on the forum - certainly 1 oz coins there are people like me who will take them to melt 🙂

No...I would not sell any of my houses in the same way I would not sell gold
But I am degrading my equity positions
To be straight I have a career in investment banking and have seen all sorts of crashes, panics, have seen fortunes lost and made in minutes.  
What works long term in my professional opinion is to buy and hold. 
Best
dicker
 
 

No...I would not sell any of my houses in the same way I would not sell gold
But I am degrading my equity positions
To be straight I have a career in investment banking and have seen all sorts of crashes, panics, have seen fortunes lost and made in minutes.  
What works long term in my professional opinion is to buy and hold. 
Best
dicker
 
 

No...I would not sell any of my houses in the same way I would not sell gold
But I am degrading my equity positions
To be straight I have a career in investment banking and have seen all sorts of crashes, panics, have seen fortunes lost and made in minutes.  
What works long term in my professional opinion is to buy and hold. 
Best
dicker
 
 

3 x Britannia (2016, 2017)
1 x Queens Beast Lion
2 x Queens Beast Dragon
2 x Queens Beast Griffin
Someone offered the above at spot +3% I would buy without hesitation because of number of QBs for sale. New seller or don’t have enough feedback @BackyardBullion offers intermediary service. As for @Glorfindel nobody knows the future and you maybe right to liquidate your position (most likely got better liquidation price on the Silver forums than a dealer). 
My stack PMs going used for one of two purposes.
Pass on as inheritance to my son or convert into another asset type (rental properties) if/when circumstances right in my lifetime.
This posts raises some interesting concerns and fears that are within everyone who has purchased PMs (including myself) have we made a bad decision? From current Gold spot price if it was to fall further 10-40% there would a lot individuals who would experience the same anxiety and fears as @Glorfindel. 
I am in Dubai on annual leave just now but before I left spoken senior ICICI life insurance people managing funds for NRIs (Non Residential Indians) in India and asked wanted anything from UK/Dubai and they stated just bring as much gold as you can 😁 (I was referring to sweets/chocolates). Go from on country to another swooping one piece of paper for another but Gold espically in Asia is viewed as real tangible wealth.

"Sold all my gold, got stung"
Are you sure you know what being stung means? In other words, "Got scared, sold my gold, then tell everybody how I got stung yet happy to have sold at a loss"....

If my memory serves me right I think, @Paul, sold about 8K worth of gold in a few hours on the forum. You just have to ask.