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KDave

Member
  • Posts

    4,944
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  • Trading Feedback

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  • Country

    United Kingdom

Reputation Activity

  1. Like
    KDave got a reaction from Griffo in Anonymity   
    This has already been said but I will say it again - If the conditions arrive in this reality that government are coming to your address for your £2500 of gold that will be the least of your problems.... because you will have also lost your boat in an unfortunate accident. Such a sad story. 
    Honestly there isn't an issue here. Buy the gold with ID, pay with debit card whatever, get it delivered - once your currency is parted for the gold, the gold is 'gone' from the system. No one knows what you did with it, there are no digital records of where you hid/spent/melted your gold. You could have used it to pay for goods and services, settled gambling debts, buried it and forgotten where you put it, etc. This is a non issue. A total non issue. Just buy your gold like everyone else. And if/when the time comes that they confiscate it.... annnnd its gone!
     
  2. Haha
    KDave got a reaction from Tortoise in Anonymity   
    This has already been said but I will say it again - If the conditions arrive in this reality that government are coming to your address for your £2500 of gold that will be the least of your problems.... because you will have also lost your boat in an unfortunate accident. Such a sad story. 
    Honestly there isn't an issue here. Buy the gold with ID, pay with debit card whatever, get it delivered - once your currency is parted for the gold, the gold is 'gone' from the system. No one knows what you did with it, there are no digital records of where you hid/spent/melted your gold. You could have used it to pay for goods and services, settled gambling debts, buried it and forgotten where you put it, etc. This is a non issue. A total non issue. Just buy your gold like everyone else. And if/when the time comes that they confiscate it.... annnnd its gone!
     
  3. Like
    KDave reacted to PJRay in Anonymity   
    If that day ever came you could recount the tale of your unfortunate boating accident. Such a sad story.
  4. Like
    KDave got a reaction from Abyss in The coming Gold crash   
    You have lost nothing in reality because you didn't buy anything. Imagine if you had joined wonga and taken out a gold short at $1200; your ignorance and naivety saved you more than it hurt you 👍
    As for trusting members in trades, its only a matter of time before someone is scammed on here, however I have not heard of any trouble yet buying or selling. Trading requires trust on both sides, taking someones opinion and using it as advice is another thing all together.
  5. Like
    KDave got a reaction from Ansel in The coming Gold crash   
    You have lost nothing in reality because you didn't buy anything. Imagine if you had joined wonga and taken out a gold short at $1200; your ignorance and naivety saved you more than it hurt you 👍
    As for trusting members in trades, its only a matter of time before someone is scammed on here, however I have not heard of any trouble yet buying or selling. Trading requires trust on both sides, taking someones opinion and using it as advice is another thing all together.
  6. Like
    KDave got a reaction from dicker in The coming Gold crash   
    You have lost nothing in reality because you didn't buy anything. Imagine if you had joined wonga and taken out a gold short at $1200; your ignorance and naivety saved you more than it hurt you 👍
    As for trusting members in trades, its only a matter of time before someone is scammed on here, however I have not heard of any trouble yet buying or selling. Trading requires trust on both sides, taking someones opinion and using it as advice is another thing all together.
  7. Like
    KDave got a reaction from silverin in The coming Gold crash   
    No one stopped you buying at £1200 but yourself. The lesson to learn here is not to take investment advice from the nutcases on the silver forum and take responsibility.
  8. Like
    KDave got a reaction from Piggybank in The coming Gold crash   
    You have lost nothing in reality because you didn't buy anything. Imagine if you had joined wonga and taken out a gold short at $1200; your ignorance and naivety saved you more than it hurt you 👍
    As for trusting members in trades, its only a matter of time before someone is scammed on here, however I have not heard of any trouble yet buying or selling. Trading requires trust on both sides, taking someones opinion and using it as advice is another thing all together.
  9. Like
    KDave got a reaction from Jimmy2trees in The coming Gold crash   
    You have lost nothing in reality because you didn't buy anything. Imagine if you had joined wonga and taken out a gold short at $1200; your ignorance and naivety saved you more than it hurt you 👍
    As for trusting members in trades, its only a matter of time before someone is scammed on here, however I have not heard of any trouble yet buying or selling. Trading requires trust on both sides, taking someones opinion and using it as advice is another thing all together.
  10. Like
    KDave got a reaction from Silvergun in The coming Gold crash   
    You have lost nothing in reality because you didn't buy anything. Imagine if you had joined wonga and taken out a gold short at $1200; your ignorance and naivety saved you more than it hurt you 👍
    As for trusting members in trades, its only a matter of time before someone is scammed on here, however I have not heard of any trouble yet buying or selling. Trading requires trust on both sides, taking someones opinion and using it as advice is another thing all together.
  11. Like
    KDave got a reaction from Roy in The coming Gold crash   
    You have lost nothing in reality because you didn't buy anything. Imagine if you had joined wonga and taken out a gold short at $1200; your ignorance and naivety saved you more than it hurt you 👍
    As for trusting members in trades, its only a matter of time before someone is scammed on here, however I have not heard of any trouble yet buying or selling. Trading requires trust on both sides, taking someones opinion and using it as advice is another thing all together.
  12. Like
    KDave got a reaction from motorbikez in The coming Gold crash   
    You have lost nothing in reality because you didn't buy anything. Imagine if you had joined wonga and taken out a gold short at $1200; your ignorance and naivety saved you more than it hurt you 👍
    As for trusting members in trades, its only a matter of time before someone is scammed on here, however I have not heard of any trouble yet buying or selling. Trading requires trust on both sides, taking someones opinion and using it as advice is another thing all together.
  13. Like
    KDave got a reaction from Roy in The coming Gold crash   
    No one stopped you buying at £1200 but yourself. The lesson to learn here is not to take investment advice from the nutcases on the silver forum and take responsibility.
  14. Like
    KDave got a reaction from jultorsk in The coming Gold crash   
    No one stopped you buying at £1200 but yourself. The lesson to learn here is not to take investment advice from the nutcases on the silver forum and take responsibility.
  15. Like
    KDave got a reaction from MancunianStacker in The coming Gold crash   
    No one stopped you buying at £1200 but yourself. The lesson to learn here is not to take investment advice from the nutcases on the silver forum and take responsibility.
  16. Like
    KDave got a reaction from Piggybank in The coming Gold crash   
    No one stopped you buying at £1200 but yourself. The lesson to learn here is not to take investment advice from the nutcases on the silver forum and take responsibility.
  17. Like
    KDave got a reaction from HillWalkerDundee in The coming Gold crash   
    No one stopped you buying at £1200 but yourself. The lesson to learn here is not to take investment advice from the nutcases on the silver forum and take responsibility.
  18. Like
    KDave reacted to Midasfrog in Gold Monitoring Thread £ GBP only   
    Yes I agree £1600 + very soon , we are now into a long drawn out recession it will take at least 24 years to get back to the pre covid economy. 

  19. Like
    KDave reacted to DynamitesUK in Today I Received.....   
    Received some very good looking sovereigns from none other than @ilovesilverireallydo


  20. Like
  21. Like
    KDave got a reaction from Martlet in The coming Gold crash   
    Gold and currency are both ideas. Gold the metal is the medium for an idea that value can be transferred through time. In the material world gold the metal has relative few uses compared to its above ground stock. Yet the idea it embodies (money) gives it value (at the moment). That idea is shared by crypto currency by the way, which has no material value, but value as money. Go figure.
    Currency can also embody the idea of money, it has done so in the past via the interest rate. However currency is primarily the idea of exchange, or rather the means for exchange that is most effective, especially today in which it can be entirely digital (crypto currency competes here too, unlike gold). You are correct in that the medium has less material value than gold, but what does that matter when the value of them both has very little to do with the material? 
  22. Like
    KDave got a reaction from jultorsk in The coming Gold crash   
    140? I think anything above 100 will lead to total collapse. Ironically for all the QE, there is a global dollar shortage.
  23. Like
    KDave reacted to TopHatsTales in Silver Monitoring Thread £ (GBP) only.   
    Just put a years SIPP contribution into SSLN this afternoon, so that's the kiss of death for silver.
    Still had last years sat in there in April, put it all in SGLN. Currently up 15%.
    Looking at the rest of the portfolio, HSBA, RDSB, EZJ, IMB etc, PMs are saving it. GSK up from the stocks. Smith funds also OK.
  24. Thanks
    KDave reacted to Wonger in The coming Gold crash   
    If you thinking of betting on this crash I hope you have an exit plan before everything is frozen up as thats whats going to happen your brokerage account will be frozen!
  25. Like
    KDave reacted to Wonger in The coming Gold crash   
    To answer a few quick questions, the bet is not what it seems to anyone not in the markets, because either party can simply hedge off the risk, I can simply sell put premium for the 1oz $1900 value and the other party can simply buy a $500 put for the 3oz $5700 value, this is obviously what I would do, Im not sure about the other party, its up to them, but i know what i would do, and your not paying me $500 are you, your paying me 1oz of Gold!
    Im not long equities to hedge Short Gold futures, Ive been long equities via S&P 500 futures with a target that is very close, its so close 90% of the long position is now closed, were looking to Short equities right here, Gold and equities will soon collapse, sorry guys, but thats always been my view, were going into the abyss and as much as I like the shiny, its going to be taken down with everything else!  
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