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4Nines7Hills

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About 4Nines7Hills

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  • Gender
    Male
  • Location
    Sheffield, Yorkshire, United Kingdom
  • Stacker/Collector
    Both

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  1. The government won't seize your gold. Its for drug dealers and the like laundering their I'll gotten gains through buying precious metals
  2. Not sure if this is true. If you read the terms and conditions on chards and Atkinson's bullion websites it says. 2 forms of ID is required if you spend more than 5K in one transaction or 10k in a year. Both later stste they dont give this Information to anyone unless they suspect suspicious activity . Maybe @ChardsCoinandBullionDealer can confirm
  3. Number 9 9f 10 not long to go now before a full house . I do apoligise the poor pic quality golds too shiny for a phone camera 1/4 gold queen's beast White horse of wherever
  4. With not spending anythingcouped up on lockdown decided to treat myself on this 2017 1/4 proof Britannia
  5. When I ring up and pay they always ask do you want to reduce the monthly payments or reduce the term. They recalculate it and give me a new figure but I say don't change the DD
  6. When over paying always pay straight off the principle and do not reduce the term ever , because if you ever have stop stop overpaying you will have to renegotiate a mortgage.). Some say that over paying mortgage is a waste as you can get better ROI elsewhere However lowering the LTV and particularly less than 65% opens up far better deals
  7. Two reasons 1. Mortgage debt is low now but Could you still pay your mortgage if interested rates go up to 7 , 10 or 15% 2. Even if you did want to invest rather than pay off the mortgage Gold is not the best investment and should only be a part of your portfolio and a relatively small part at that.
  8. True you can't hide reserve , but if you don't class your gold as reserve you can do what you want I'm not saying they have 10x undeclared gold or zero undeclared gold just saying you don't have to declare it.
  9. China doesn't have anywhere near that much on official reserves I doub it has that much in total bit a country didn't have to declare all the gold it owns only the gold it's using as reserve . If i was China I'd keep quiet how much I had until I had enough to challenge the dollar
  10. Your analysis is flawed for most of your life that didn't happen. Essentially did nothing ( minimal gains) for 35 years until the financial crash after the crash it's been dropped dramatically and now is essentially doing nothing again (marginal gains ) The stock market rose much higher than that I like gold think it's a great hedge bit it's not a fabulous investment
  11. Gold is unlikely ever to go to $65k Oz I my lifetime. Unscrupulous eoplehave been pushing rubbish like this for the last decade or more and in that time good what gold gone down.
  12. The stocks markets main driving factor over the last couple of years was QE now a lot of countries have stopped and are switching to to QT the markets with obviously go down
  13. I thought most private owned gold in india was in the form of jewelry 18k and not 999 coins or bars There mad for jewelry much more than Western countries often changes hand for weddings and such like
  14. Russia would say that didn't necessarily mean it's right . Also there is doubts into how legal the last vote was in Venezuela with bribery vote rigging etc.
  15. Youre right on both counts but the the reasons why is semi irrelevant. Other currencies and in particular the euro is likely to end in a SHTF situation just the same as Venezuela currency.
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