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Reputation Activity
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KDave reacted to Abyss in Today I Received.....
Received two Gold coins from Chards today, 1 oz Gold Britannia 2008 (+4.25% spot) and Mexican 50 Pesos (+1% spot). Final picture all the coins received this week (averages just under 3% over spot) and I am still hunt for 1 oz Gold Britannia 2001/2003 and 2007 to try and complete date run 1 oz Gold Britannia's that have unique designs in bullion.
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KDave reacted to vand in Goal - Financial Independence In Ten Years
Your investment thesis is massively shaped by your experience of the Financial Crisis. While this was not an insignificant event that scared a lot of people, there is so more more to the whole story than that particular data point which sticks in peoples' memories.
For sure there will be a huge crisis in the future, and you could be right that it may be just around the corner... but I and many others have been expecting the next meltdown for 5 or more years now. It might just as easily not arrive for another 5 years.
Being significantly invested in a well diversified portfolio is a play on the continuation of global growth...
Here is the history of global GDP:
2017 $80,250,107,912,599 3.14% 2016 $77,796,772,093,915 2.51% 2015 $75,834,189,927,314 2.86% 2014 $73,725,379,037,299 2.86% 2013 $71,687,932,799,352 2.62% 2012 $69,835,075,997,485 2.51% 2011 $68,117,537,705,699 3.18% 2010 $66,036,387,107,063 4.32% 2009 $63,278,666,091,537 -1.73% 2008 $64,399,690,013,189 1.82% 2007 $63,259,518,020,148 4.22% 2006 $60,720,488,421,950 4.29% 2005 $58,230,742,361,797 3.84% 2004 $56,086,514,592,435 4.37% 2003 $53,737,125,361,629 2.90% 2002 $52,220,509,439,522 2.20% 2001 $51,095,322,159,447 1.92% 2000 $50,130,722,143,818 4.38% 1999 $48,021,528,352,458 3.25% 1998 $46,506,096,439,914 2.54% 1997 $45,353,283,623,640 3.70% 1996 $43,733,271,645,654 3.39% 1995 $42,298,840,848,045 3.03% 1994 $41,051,343,871,915 3.01% 1993 $39,850,411,491,683 1.53% 1992 $39,247,745,909,952 1.78% 1991 $38,559,540,875,343 1.43% 1990 $38,015,667,938,023 2.92% 1989 $36,937,516,003,131 3.68% 1988 $35,626,474,048,000 4.62% 1987 $34,050,052,752,417 3.69% 1986 $32,838,664,486,609 3.41% 1985 $31,756,450,901,427 3.73% 1984 $30,613,074,121,710 4.52% 1983 $29,289,767,991,599 2.42% 1982 $28,594,942,186,014 0.39% 1981 $28,482,919,388,282 1.94% 1980 $27,940,484,897,837 1.86% 1979 $27,429,440,588,887 4.16% 1978 $26,336,677,120,331 3.96% 1977 $25,332,940,501,772 3.95% 1976 $24,370,312,253,880 5.35% 1975 $23,132,512,801,824 0.74% 1974 $22,961,416,388,240 2.02% 1973 $22,506,580,764,392 6.57% 1972 $21,119,716,814,289 5.78% 1971 $19,967,598,712,001 4.34% 1970 $19,137,764,679,469 3.89% 1969 $18,420,822,162,383 6.12% 1968 $17,358,890,574,473 6.20% 1967 $16,346,745,284,296 4.41% 1966 $15,656,338,923,246 5.80% 1965 $14,798,407,343,429 5.58% 1964 $14,017,853,410,304 6.66% 1963 $13,141,865,125,510 5.21% 1962 $12,491,064,038,138 5.57% 1961 $11,832,723,884,098 4.32% Even the financial crisis was nothing but a mere blip of -1.73% in 2009. Every single other year the world has grown as technology advances, markets bring increasing prosperity and people work to better their individual lives. Are you really going to bet against that continuing?
https://www.worldometers.info/gdp/#gdpyear
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KDave reacted to vand in Chart Of The Day thread
Today's COTD is Centrica: has been completely battered over the last couple of years and on my watchlist. I've been watching the price more closely in recent weeks and it look like it just doesn't wants to go any lower.
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KDave reacted to Fastnick in Today I Received.....
Looking at some of the very impressive photos of other SF members' latest acquisitions, I feel almost embarrassed to post a picture of my modest little 10th ounce Britannia....
but I did manage to pick it up just below spot....
and it's gold....
and it's nice and shiny....
and so I love it
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KDave reacted to Fastnick in Today I bought.....
It's hardly the "steal of the Century", but I'm pleased to have added this afternoon another half sovereign to my ever-growing modest stack - especially as I paid just £135 + £3 P&P for a 1912 coin in pretty reasonable condition
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KDave reacted to richatthecroft in Full Stack / Full Collection Photos
23 months in and over this time, I have chopped, changed and honed my Silver collecting.
Going forward, I’m now only going to pick up Libertads and the odd modern Proof coin/set that I particularly like.
I’m also going to read up on historic Silver sets- and maybe invest in some.
Here’s my Silver stack so far excepting a couple of shoeboxes full of boxed Silver proofs- Brits, Crowns and 50p’s.
Also, my Gold bullion and odd Platinum coin. One day when motivated, I’ll post my Gold Proof coins- I have more weight in Proof coins than bullion.
Boxed Proof Libertads
Bullion Libertads
Single coin Proof, Reverse Proof & Proof- like Libertads
Beasts
Coin sets
Miscellaneous Silver
Gold bullion
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KDave got a reaction from Stu in Gold Monitoring Thread £ GBP only
I honestly have no idea.
My opinion is as crystal ball as everyone else - built on bias, charts and partial information. There appears to be an annual trend in the gold price, who knows what moves the price, Stu is likely correct on cultural demand but it doesn't matter. The historical charts say gold is weak in winter for several years now. Maybe it does the same this year, I reckon it will. Maybe this time is different, sometimes it is.
If Trump can be elected in the winter of 2016 and gold still falls (because its winter), is it the news, or is it the trend?
If gold can rise faster in the summer of 2019, compared to the rise in the summer of 2016 after the UK voted to leave the EU, is it the news, or is it the trend?
I believe there is something larger at work driving the price, seasonal demand in the physical market could be it, maybe not. Perhaps it has nothing to do with anything, but it keeps happening anyway, until it doesn't. I hope that helps
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KDave got a reaction from AndrewSL76 in Gold Monitoring Thread £ GBP only
I honestly have no idea.
My opinion is as crystal ball as everyone else - built on bias, charts and partial information. There appears to be an annual trend in the gold price, who knows what moves the price, Stu is likely correct on cultural demand but it doesn't matter. The historical charts say gold is weak in winter for several years now. Maybe it does the same this year, I reckon it will. Maybe this time is different, sometimes it is.
If Trump can be elected in the winter of 2016 and gold still falls (because its winter), is it the news, or is it the trend?
If gold can rise faster in the summer of 2019, compared to the rise in the summer of 2016 after the UK voted to leave the EU, is it the news, or is it the trend?
I believe there is something larger at work driving the price, seasonal demand in the physical market could be it, maybe not. Perhaps it has nothing to do with anything, but it keeps happening anyway, until it doesn't. I hope that helps
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KDave got a reaction from silvernewbie in Gold Monitoring Thread £ GBP only
Just an opinion but Sterling bottomed 2 months ago and gold has had seasonal price action for several years now - the trends have nothing to do with Brexit.
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KDave reacted to JunkBond in Gold Monitoring Thread £ GBP only
No worse than earlier in the year when it was. 🤔
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KDave reacted to AgD in Today I Received.....
This holder came in the post today and a massive thanks to @ZatStackz for his help in getting it so looks great now the gold has a home.
And a nice addition to the Aztec family courtesy of @SilverStan the 2oz
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KDave reacted to CadmiumGreen in Today I Received.....
Adding more US Pre-33 gold, received an 1886-S $5 Liberty Gold Half Eagle AU.
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KDave reacted to Kookaburracollector in Today I Received.....
An 1894 20 French Francs, not particularly rare but the last piece in a big jigsaw!
Added to a slabbed 1888..
It completes a date run😃😃😃...18 Months to complete!
Note. The Paris mint did not mint these coins every year...
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KDave reacted to TheGoldSovereign in Today I Received.....
If you're going to get into slabbed coins, buy in bulk!
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KDave reacted to Miganto in Silver Monitoring Thread £ (GBP) only.
I said it before and i'll say it again - eggs. When doomsday comes in the next few years, eggs are the winner. Long live the chicken emperor!
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KDave got a reaction from Derv in Silver Monitoring Thread £ (GBP) only.
Why not do both, best of all situations.
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KDave reacted to HawkHybrid in Silver Monitoring Thread £ (GBP) only.
you are not acknowledging the facts. you keep on
saying that we are in decline.(fact). accept this
we are in decline very, very slowly.(fact).
no one is disputing your fact that you repeat over
and over. problem is you don't accept that it's
happening very, very slowly. I don't get how you
look at the charts and not accept that the decline
in the £ started over 70 years ago. fact is, the
currency collapse in zimbabwe has happened very
quickly(years) and the currency collapse in the uk
is taking much longer(decades).
(I don't claim to understand why it is, I just try to
see what the data is telling me)
what's the truth about the uk's access to food today?
https://friendsoftheearth.uk/food-waste
https://www.telegraph.co.uk/news/2018/01/02/no-time-leftovers-astonishing-scale-food-waste-uk-around-world/
I didn't say your facts are wrong, I said you
exaggerate the truth because you consistently
forget to add the important fact that it's happening
slowly.
can it speed up? yes it can, but do we have any
facts that will back up that theory?
people are flexible, people will change. will england
change by the end of the 2020's? of course it will.
HH
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KDave reacted to HawkHybrid in Silver Monitoring Thread £ (GBP) only.
this is an exaggeration of the truth.
the uk produces most(if not all) of the potatoes
that we eat(staple food). what happened when
brexit hit and the pound plummeted so that
imports were expensive? did you not see a
magical increase of 'produced in the uk' foods
turn up on the shelves?
the most important thing is people are flexible.
uk can't grow every type of food but we have
the capacity to grow a lot more of our staple
foods, we simply choose to not do that right
now.
technology, farming methods, efficiency in the
use of resources/time, sharing of data are all
significantly better than they used to be.
predicting a collapse in 6 years time is nothing but
excessive scaremongering. 70+ years on, the £ is
still making it's imminent collapse following the
world wars.
HH
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KDave reacted to sixgun in Silver Monitoring Thread £ (GBP) only.
The Communist revolution was a Western coup - revenge on the Czars by the Rothschilds. Those behind the coup were hand picked by the banking elite.
Yeltsin was an alcoholic - Lord of the Drinks. He reigned during the 1990's - this was a terrible, terrible time in Russia. Russia was collapsing - a good path towards a vassal state of the usual suspects.
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