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Michal

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  • Posts

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  • Country

    United Kingdom

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  1. Like
    Michal reacted to KDave in My first trade - Shell / BP   
    In my opinion your timing and research is good, RDSB are the shares you want, dividend withholding tax on the RDSA ones. I have both companies among others in the sector, to me its a 100% no brainer although perhaps very contrarian at the moment given how much the market hates big oil. Its fashionable to hate them. I am very confident long term (mid 20's), short term I have no idea if we will get further downside or if it shoots up Monday, but be prepared to hold and accumulate through some rough times if oil breaks down again. The downside is limited imo. 
    Dividends have been cut on BP by half (still a solid 5-6% dividend depending when you bought), and instead the board are planning to buy back shares using up to 15% of cashflow. The buy backs are discretionary so power has been taken from the shareholders (dividends) and put in the hands of the board, I still expect this to return and compound perhaps 20% per year including dividends over the decade. We will see. 
    Shell have cut dividend by 2/3rds, way too far and too fast, I expect this to be raised once oil starts to recover if the board members want to keep their jobs. I expect similar returns over the decade from shell, they are a long term, potentially retirement hold given the dividend potential and position relative to LNG/Hydrogen.
    These companies are looking forward at hydrogen production to meet the green agenda (or that is how its being sold), BP in particular, as hydrogen will be the green replacement for natural gas. I am told that gas engineering certificates now include hydrogen, existing infrastructure can be used to transport store and supply it for the most part. There are also geopoitical implications of being able to produce a nations own LNG equivalent (Europe no longer reliant on Russia). This will be renewable or conventional electricity (solar wind nuclear) being used to produce hydrogen, which in turn is used in the existing gas network throughout Europe. Green agenda achieved, strategic energy achieved. Although LNG is cheaper at the moment, these companies have the size and scale to change that over the coming years through investment and development.
    As an aside Tesla looks like a shoeshine stock; I don't see anyone excited about oil and no one is talking about hydrogen, just saying. 
    Not sure about cruise liners, those are a favourite Robinhood choice so I am staying away. I am looking at Agri shares for inflation (Mosaic, Nutrient, K+S), telecoms (BT.A, VOD, TEF) and infrastructure (DRAX, NG. SSE). I like the big FTSE listed mining shares too but they have gone up too much since march for my liking and are on the watch list. Waiting for a pullback. 
  2. Haha
    Michal reacted to Kookaburracollector in The coming Gold crash   
    Time to buy me thinks🤔

  3. Like
    Michal got a reaction from 5huggy in The coming Gold crash   
    But if you know game is rigged you can get ready. Black swan theory is very interesting in its core. 
    Basically people think matrix is SF, it is like that because they have no idea how financial/political/economical systems work.
    "Best kind of slave is one who think is free and is willing to die protecting his own slavery" - me
  4. Like
    Michal reacted to Minimalist in The coming Gold crash   
    HH, theres nothing bias about my posts.
    The banking cartel use debt to steal assets; the conveyance of a house/property/land/etc is one of the biggest acts of deceptions ever committed along with paper markets which we are discussing in right now [thread]. Its institutional financial terrorism on a global scale and primary serves a handful of elites.
  5. Like
    Michal reacted to Prophecy in The coming Gold crash   
    It's still 'backed' by a regulated proportion of 'assets' to maintain viability of the financial institution, not created out of absolute thin air how we imagine things simply. But because of this proportional backing we can treat it as thin air because it requires the whole multi dimensional system to keep moving.
    When you get your new credit card with 5k credit limit, that currency does not exist until you spend it. Why? Because the bank does not owe you any of that.
    To put it another way... currency IS IOUs.
    I'm not even going to go into the fact that when you deposit your currency at your bank, you are in fact lending it to them for which they pay a fee to borrow it from you (interest). We understand the system back to front from what it actually is and the system likes it that way.
  6. Thanks
    Michal reacted to MancunianStacker in The coming Gold crash   
    Why I’m still buying PMs (mainly gold) most of the reasons are here:
    https://goldswitzerland.com/silver-will-explode-and-fake-money-collapse-like-in-3rd-c/
  7. Haha
    Michal reacted to TheApe in The coming Gold crash   
    Wonger just pops in every now and again to get his troll feed 🤣.
    Reading through this thread is funny.
  8. Like
    Michal reacted to dga00 in The coming Gold crash   
    Central banks and the states behind them should not be buying gold. Nor any other precious metal, not any luxury commodities/assets.
    Governments around the world are broke. They should be using the money to:
    - pay their debts
    - build better health and educational systems
    - help those in need

    They are using printed paper to hoard as much real value assets, so that, at some point, they can change the rules of the game(a.k.a the monetary system).
     
    I am watching some youtube channels that focus around PMs and I hear a lot of folks saying that broke people should pay their debt first before buying PMs, either as a form of investing or saving, and they should not go in debt for buying PMs. But I did not hear anyone saying the same thing about broke countries.
  9. Haha
    Michal got a reaction from dicker in The coming Gold crash   
    If thy do that with gold I got huge backyard and will even rent a lory to grab it. 
      😁
  10. Haha
    Michal got a reaction from Oldun in The coming Gold crash   
    If thy do that with gold I got huge backyard and will even rent a lory to grab it. 
      😁
  11. Haha
    Michal reacted to sovereignsteve in The coming Gold crash   
    Really, I had no idea!😁
  12. Like
    Michal reacted to sovereignsteve in The coming Gold crash   
    ?

  13. Thanks
    Michal got a reaction from Bxlsteve in The coming Gold crash   
    It means risk free asset, safest category.
  14. Thanks
    Michal reacted to Bxlsteve in The coming Gold crash   
    I have no financial background. Hence I enjoy reading and educating myself. I must admit that sometimes I am lost and I would enjoy some more explanations as to how people come to an opinion. (Sorry hope my English can be understood) 
     
    my gut feeling say we are at the beginning of a huge crisis and gold will blow out. But this is only a gut feeling. I believe in gold being a safe heaven. 
     
     not used to publish. I am rather a reader. 
  15. Like
    Michal reacted to Abyss in The coming Gold crash   
    We’re Going to Need a Bigger Bailout | The Big Conversation | Refinitiv Mar 30, 2020
    @Wonger Gold both inflation and deflationary environment discussed 13 minutes and 30 seconds. The video discussing multiple asset classes and references how Gold should perform in the medium to long term Gold is a good thesis when looking at Real Yields vs Gold Spot price.

     
  16. Haha
    Michal reacted to sixgun in The coming Gold crash   
    New Thought Crime legislation is being rushed through and there is a crime which surpasses Wrong Think.  It is the most unspeakable Wong Think - i am literally shaking at the thought.
  17. Haha
    Michal got a reaction from silenceissilver in The coming Gold crash   
    Wonger said he will buy gold for 400$ he just forget to say that will buy 1g of gold for it 😀
  18. Haha
    Michal got a reaction from sixgun in The coming Gold crash   
    Wonger said he will buy gold for 400$ he just forget to say that will buy 1g of gold for it 😀
  19. Haha
    Michal reacted to Minimalist in Gold Monitoring Thread £ GBP only   
    My Barclays bank app has notified me that its apparently in my best interest that I set up a savings account 🤣
  20. Like
    Michal reacted to Minimalist in Gold Monitoring Thread £ GBP only   
    Here is a great resource, mate.
     
  21. Super Like
    Michal got a reaction from HonestMoneyGoldSilver in Sold all my gold, got stung   
    First hunch is so important, I always overthink things and make wrong decision (or maybe not the best one). I remember when didn't buy 1 oz gold for 1010 pounds coz wanted to buy for under 1k and end up buying silver 😀.
    In general i remember when this thread was started and my reaction to this guy complain 😲. 
    Understanding your purchase ( in any matter) is crucial.
    1. Physical PM makes you a bit independent from current monetary system.
    2. You buying Physical PM long term and should consider gain/lost  in terms of decades rather than months.
    3. You don't "invest" money which you need or will need soon.
    4. You don't "invest" money that you can't loose.
    5. You don't sell until have opportunity to buy something which fits your financial goals more. 
  22. Like
    Michal got a reaction from Derv in Sold all my gold, got stung   
    First hunch is so important, I always overthink things and make wrong decision (or maybe not the best one). I remember when didn't buy 1 oz gold for 1010 pounds coz wanted to buy for under 1k and end up buying silver 😀.
    In general i remember when this thread was started and my reaction to this guy complain 😲. 
    Understanding your purchase ( in any matter) is crucial.
    1. Physical PM makes you a bit independent from current monetary system.
    2. You buying Physical PM long term and should consider gain/lost  in terms of decades rather than months.
    3. You don't "invest" money which you need or will need soon.
    4. You don't "invest" money that you can't loose.
    5. You don't sell until have opportunity to buy something which fits your financial goals more. 
  23. Haha
    Michal reacted to sixgun in Sold all my gold, got stung   
    Perhaps not when those eggs are golden.
  24. Haha
    Michal reacted to FoolzGold in Sold all my gold, got stung   
    Always feels like it's worth reviving this thread when gold climbs to a new high. 
    As a reminder :
    April 2017 - guy joined forum and asked for advice on which coins to buy. Following the excellent advice of the users here he bought:
    3 x Britannia (2016, 2017)
    1 x Queen's Beasts Lion
    2 x Queen's Beasts Dragon
    2 x Queen's Beasts Griffin
    November 2018 - without asking anyone's advice he panicked and sold them at melt price (maybe £930/oz) to Atkinsons, who turned around and sold them on their site for £1300+ each.
    Value today? Spot price around £1250/oz, roughly 35% above the spot price at the time he panicked. Resale value of those QBs? Probably at least 30% higher still. I'd say he'd have been looking at maybe 75% more today on those QB's than he sold them for 9 months ago.
    Quote: "I'm just glad I got out of it before I lost even more."
  25. Like
    Michal reacted to sixgun in Silver Monitoring Thread £ (GBP) only.   
    London Paul was saying that Boris had indicated he wanted to drop the value of Sterling by 20% against the EUR and USD to improve the price of British goods. Trump has talked about dropping the value of the USD - so we look like we are going to enter a currency war with everyone racing to zero.
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