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dicker

Gold Premium Member
  • Posts

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    United Kingdom

Reputation Activity

  1. Thanks
    dicker reacted to Abyss in Sold all my gold, got stung   
    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.
  2. Haha
    dicker reacted to AlphaBeast in Sold all my gold, got stung   
    "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"....
  3. Thanks
    dicker reacted to Xander in Sold all my gold, got stung   
    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.
  4. Like
    dicker got a reaction from JohnA1 in Sold all my gold, got stung   
    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
  5. Like
    dicker got a reaction from JohnA1 in Sold all my gold, got stung   
    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
     
     
  6. Like
    dicker got a reaction from Goldfever in Sold all my gold, got stung   
    If gold spiked I would sell a portion, otherwise it is there for very old age or a disaster
  7. Like
    dicker got a reaction from Goldfever in Sold all my gold, got stung   
    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
  8. Like
    dicker got a reaction from Goldfever in Sold all my gold, got stung   
    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
     
     
  9. Like
    dicker got a reaction from kimchi in Sold all my gold, got stung   
    Good you got out when you felt you had to, and each to his own. 
    The forum is what I would call a “broad church” and its great to hear other views   
    I do however think that *anything* can be classed as a “proper” investment, and asset values go up and down.  
    Good luck with whatever else you chose to invest in.
    best dicker
  10. Like
    dicker got a reaction from Abyss in Sold all my gold, got stung   
    If gold spiked I would sell a portion, otherwise it is there for very old age or a disaster
  11. Like
    dicker got a reaction from Kritika in Sold all my gold, got stung   
    Wise words Sir
  12. Thanks
    dicker reacted to Cornishfarmer in Sold all my gold, got stung   
    Personally I think you made a good investment, with the correct coins you just sold them badly.      When you see them on Atkinson’s (that’s if they down already have a buyer lined up) you will see this.
    cant remember members name but he was after 10 of each queens beasts and was paying very good money for them.      Rather than coming on here saying that it was a mistake buying after you sold, you should have come on before you sold and asked advice 
  13. Like
    dicker got a reaction from Frenchie in Sold all my gold, got stung   
    Good you got out when you felt you had to, and each to his own. 
    The forum is what I would call a “broad church” and its great to hear other views   
    I do however think that *anything* can be classed as a “proper” investment, and asset values go up and down.  
    Good luck with whatever else you chose to invest in.
    best dicker
  14. Like
    dicker got a reaction from KDave in Sold all my gold, got stung   
    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
     
     
  15. Like
    dicker got a reaction from AuricGoldfinger in Sold all my gold, got stung   
    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
     
     
  16. Thanks
    dicker reacted to silenceissilver in Sold all my gold, got stung   
    I don't give advice to anyone here, I just share my opinion and explain it. In this case I also emphasisied it with an emotional video.
    Which will come and make your newly aquired shares and bonds not completly worthless but they will go dowhnill big way. No one knows when but sooner or later it has to come in one of several possible forms, which are basically a hyperinflation or a biblical debt cancellation (= cancellation of monetary assets) unless - theoretically it can be carried on forever but only at the cost of a permanent 30ies style deflation. Occupy yourself with the monetary system thoroughly and you will probably buy PMs again. Don't just read about it from one perspective (one school of thought) but all alternative monetary sytems that exist. You can break it down to the full privatisation of money creation (Austrian School of economics), the full nationalisation (Irving Fisher etc) and Demurrage Money after Silvio Gesell and of course PM back currency. From every single perspective we are heading towards a crash - and you will be screwed because you are too easily scared off.
  17. Like
    dicker got a reaction from MickD in Sold all my gold, got stung   
    Good you got out when you felt you had to, and each to his own. 
    The forum is what I would call a “broad church” and its great to hear other views   
    I do however think that *anything* can be classed as a “proper” investment, and asset values go up and down.  
    Good luck with whatever else you chose to invest in.
    best dicker
  18. Like
    dicker got a reaction from SouthCoastInvestor in Sold all my gold, got stung   
    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
  19. Like
    dicker got a reaction from gsimpson in 🎅 Christmas Prize Draw 🎅   
    If the winner of my lot lives in the U.K. and my Liquers turn out ok, I will also include a small bottle of Blackberry / Raspberry / Blackcurrant rum as part of the prize as a bonus.
    If it turns out badly I won’t include but of course will of course do my best to deliver in the “spirit” of the forum. 
    Best
    dicker
  20. Like
    dicker got a reaction from gsimpson in 🎅 Christmas Prize Draw 🎅   
    Fifty pounds from me.  Either cash or PP FandF
  21. Thanks
    dicker reacted to Abyss in 'Photo Only Topics' Discussion Thread   
    I thought you kept your gold in the most secure safest location on the earth Fort Knox. It looks very tidy and clean to me

  22. Like
    dicker got a reaction from sixgun in Kinesis Gold and Silver currency   
    Good luck Sixgun, On balance its not one for me but I think this could well work. 
    Thanks for your candid updates
    all the best
    dicker
  23. Thanks
    dicker reacted to Martlet in Kinesis Gold and Silver currency   
    Another delay, and no real information why.  The take up is lacklustre, don't see how they will change that in another 6 months.  Too much focus on KVT and promise of riches, than the actual gold backed tokens in my view.  
  24. Thanks
    dicker reacted to Provvidenza in Today I bought.....   
    Another charity shop find 1977 Sterling Proof Crown, this one in lovely complete condition, £10.

  25. Thanks
    dicker reacted to sovereignsteve in Kangaroo photo thread...   
    I have this one and the last 3 years I think.
     

     
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