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Reputation Activity
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AuricGoldfinger reacted to augur in Sold all my gold, got stung
This is all understandable and good practice when dealing with strangers, in particular if we are talking several grand. You are right: you could have lost the whole lot in a scam. In that way you have discovered that there is a safe route out of gold.
You shouldn't feel bad for not selling here, they just equally feel their own lost opportunity, so don't.
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AuricGoldfinger reacted to Goldhooked in Sold all my gold, got stung
I don’t understand why Brexit would effect the gold price? Gold is a worldwide commodity, traded in 3/4 of the world who couldn’t give a damn about the outcome of Brexit. As mentioned before, it’s the value of the Pound that’s at risk. Surely gold is a good hedge against that?
Or am I way off the mark?
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AuricGoldfinger reacted to dicker 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
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AuricGoldfinger reacted to Tn21 in Sold all my gold, got stung
Everyone has Thier own plan with his/hers au&ag. I don't think there is a right way or wrong way of buying or selling au & ag.
Price is key in any aspect however can not be looked at in isolation.
As long as @Glorfindel is content with his actions then that's all that matters.
Gold for me is a long term play, hopefully glorfindel you find your love back in the yellow metal.
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AuricGoldfinger reacted to FlorinCollector in Sold all my gold, got stung
I think you done the correct thing because you were invested in something you didnt understand.
Selling a long term investment on current thinking doesnt make sense to me. If you can be swayed with current world situations it was never a long term investment i dont think.
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AuricGoldfinger reacted to Glorfindel in Sold all my gold, got stung
LISA.
As for people telling me I should have sold here, maybe, but I don't regret not doing so. Extra stress and delay for a few hundred quid is not worth it, for me anyway.
@sixgun Yes, you are right re sterling, but it comes to the same thing - Brexit is going to be resolved one way or another (either we get a deal or we don't leave), and that can only have a negative impact on the price of gold.
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AuricGoldfinger reacted to sixgun in Sold all my gold, got stung
Just for future reference the issue about Brexit is not about gold it is about Sterling. Gold is not going to go down the plug hole because of Brexit. What the UK does is neither here nor there. The British Empire was thrown away financing WWII when peace was the stroke of a pen away, after that we became a virtual irrelevance. So unless the Bank of England comes clean about stealing all the gold and selling it, the UK's antic aren't going to make a big impact.
If Brexit does not go the way the powers that should not be want it then expect Sterling to be pounded (to use a pun). This is exactly when you want to be in gold. When things look dodgy go to gold.
You should have sold on the forum. The coins would have sold over the weekend especially as it is the end of the month when quite a lot of members are paid. i would say this is THE safest place to sell. If you sell to longstanding members you will get paid. A few months ago i bought a sovereign on the forum. It did not turn up. The member refunded me. Then it turned up and i sent the money back.
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AuricGoldfinger reacted to richatthecroft in Sold all my gold, got stung
Hope you have lots of time to wait.
Just wondering, where now with your capital?
I am of the opinion that metals are a reasonably safe place to be invested when uncertainty prevails.
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AuricGoldfinger reacted to MoralHazard in Sold all my gold, got stung
You would have received easily £1250 per piece for the griffins here. Similarly £1200 for the lion. For the dragon £1100. Now you sold those coins for melt value to a dealer. Great job, you got drilled twice instead of turning for profits.
Atkinsson will resell the griffins for £1350 and £1300 for the lion a piece. Easy money for them
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AuricGoldfinger reacted to FlorinCollector in Sold all my gold, got stung
I'm not 100% sure what Atkinson's offer over spot but with those queens beast im pretty sure on here or ebay you could have broke even with the difference or made profit. Especially with the Lion.
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AuricGoldfinger reacted to Bullionbilly in 🎅 Christmas Prize Draw 🎅
Thats all for today guy's i'll do random numbers of draws each day to get through all the prizes before the 25th of December.
Hope all the winners today like there prizes !
Thought id add... im using googles random number generator for the draws
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AuricGoldfinger reacted to Bullionbilly in 🎅 Christmas Prize Draw 🎅
Right then, its draw time !
Just like to say before we set off , its great to see so many involved, last year went great all prizes were sent and were "present" and correct 🤣
Lets keep it the same this year, any messing about and @SILVERFINGER will be round with his "little friends" for you you to say hello to ! 🤕
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AuricGoldfinger reacted to NRSovereign in 'Photo Only Topics' Discussion Thread
Can’t wait to have a peek! 👍
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AuricGoldfinger got a reaction from NRSovereign in 'Photo Only Topics' Discussion Thread
@NRSovereign we have scarily similar stacks ha , i will show mine next week once i get it all together!
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AuricGoldfinger reacted to CoinStruck in Today I Received.....
Also this week had a batch of coins come back from PCGS following conservation and grading.
Have photos below of the Chinese pandas pre and post conservation. They have come up really well.
Also am very pleased with the outcomes on the sovereigns achieving PF70DCAM for the 1980 & 2002 and PF69DCAM for the 1979 (PCGS don't have a 70 for the 1979 on their population list and I think there is only one NGC70).
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AuricGoldfinger reacted to mr1030 in Today I Received.....
Heads or Tales 45 oz silver Anubis XL+ statue #8 of 250
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AuricGoldfinger got a reaction from StackerCollector in Today I Received.....
Big THANKYOU to @Shinus73
These arrived today, all in immaculate condition and packaging that required some serious scissor work to get into.
Great guy to deal with and a pleasure doing business with you.
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AuricGoldfinger got a reaction from gsimpson in 🎅 Christmas Prize Draw 🎅
Il offer up 2 x 2016 1oz Silver Britannias 👍
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AuricGoldfinger got a reaction from Gruff in Today I Received.....
Big THANKYOU to @Shinus73
These arrived today, all in immaculate condition and packaging that required some serious scissor work to get into.
Great guy to deal with and a pleasure doing business with you.
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AuricGoldfinger got a reaction from CoinStruck in Today I Received.....
Big THANKYOU to @Shinus73
These arrived today, all in immaculate condition and packaging that required some serious scissor work to get into.
Great guy to deal with and a pleasure doing business with you.
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AuricGoldfinger got a reaction from Lr103 in Today I Received.....
Big THANKYOU to @Shinus73
These arrived today, all in immaculate condition and packaging that required some serious scissor work to get into.
Great guy to deal with and a pleasure doing business with you.
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AuricGoldfinger got a reaction from mr1030 in Today I Received.....
Big THANKYOU to @Shinus73
These arrived today, all in immaculate condition and packaging that required some serious scissor work to get into.
Great guy to deal with and a pleasure doing business with you.
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AuricGoldfinger got a reaction from CadmiumGreen in Today I Received.....
Big THANKYOU to @Shinus73
These arrived today, all in immaculate condition and packaging that required some serious scissor work to get into.
Great guy to deal with and a pleasure doing business with you.