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Reputation Activity
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Prophecy got a reaction from Arongoldprog in The coming Gold crash
Just for ***** and giggles I went on the Bank of England interest calculator. It's a fun thing that. It goes back to medieval days so you can pretend how much you would have got paid in your current salary value back whenever. https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
Then I thought... if £1 was 1 sovereign back in the day, I'll pick a random date and work back from there to see how much i would have if i had those same sovs now.
Take £1000 now. Transport its fiat value back to, say, 1914 (before sovs were 'withdrawn'). You would have got just under 9 sovs for that.
Now, take those 9 sovs and time machine it back to now and the combined value of them would be c.£3000 spot...
So. Could gold be 3x overvalued right now! Could it really be worth.... a third of current prices (£480)... therefore hitting pretty close to Wonglers crash claim (£400).
I jest again.
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Prophecy got a reaction from Arganto in GOLD DEALS - (UK & Europe) See a deal, post it here
Further to this for those looking for 1ozt, they have an AGE at 3% https://www.hattongardenmetals.com/buy/american-gold-eagle
and an Austrian Corona at 3% https://www.hattongardenmetals.com/buy/austrian-gold-corona
If you can collect in person that's the best premium I've seen from a dealer in recent times (please correct me)
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Prophecy got a reaction from Martlet in The coming Gold crash
Just for ***** and giggles I went on the Bank of England interest calculator. It's a fun thing that. It goes back to medieval days so you can pretend how much you would have got paid in your current salary value back whenever. https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
Then I thought... if £1 was 1 sovereign back in the day, I'll pick a random date and work back from there to see how much i would have if i had those same sovs now.
Take £1000 now. Transport its fiat value back to, say, 1914 (before sovs were 'withdrawn'). You would have got just under 9 sovs for that.
Now, take those 9 sovs and time machine it back to now and the combined value of them would be c.£3000 spot...
So. Could gold be 3x overvalued right now! Could it really be worth.... a third of current prices (£480)... therefore hitting pretty close to Wonglers crash claim (£400).
I jest again.
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Prophecy got a reaction from Booky586 in The coming Gold crash
Just for ***** and giggles I went on the Bank of England interest calculator. It's a fun thing that. It goes back to medieval days so you can pretend how much you would have got paid in your current salary value back whenever. https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
Then I thought... if £1 was 1 sovereign back in the day, I'll pick a random date and work back from there to see how much i would have if i had those same sovs now.
Take £1000 now. Transport its fiat value back to, say, 1914 (before sovs were 'withdrawn'). You would have got just under 9 sovs for that.
Now, take those 9 sovs and time machine it back to now and the combined value of them would be c.£3000 spot...
So. Could gold be 3x overvalued right now! Could it really be worth.... a third of current prices (£480)... therefore hitting pretty close to Wonglers crash claim (£400).
I jest again.
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Prophecy got a reaction from MancunianStacker in The coming Gold crash
Just for ***** and giggles I went on the Bank of England interest calculator. It's a fun thing that. It goes back to medieval days so you can pretend how much you would have got paid in your current salary value back whenever. https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
Then I thought... if £1 was 1 sovereign back in the day, I'll pick a random date and work back from there to see how much i would have if i had those same sovs now.
Take £1000 now. Transport its fiat value back to, say, 1914 (before sovs were 'withdrawn'). You would have got just under 9 sovs for that.
Now, take those 9 sovs and time machine it back to now and the combined value of them would be c.£3000 spot...
So. Could gold be 3x overvalued right now! Could it really be worth.... a third of current prices (£480)... therefore hitting pretty close to Wonglers crash claim (£400).
I jest again.
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Prophecy got a reaction from KDave in The coming Gold crash
Just for ***** and giggles I went on the Bank of England interest calculator. It's a fun thing that. It goes back to medieval days so you can pretend how much you would have got paid in your current salary value back whenever. https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
Then I thought... if £1 was 1 sovereign back in the day, I'll pick a random date and work back from there to see how much i would have if i had those same sovs now.
Take £1000 now. Transport its fiat value back to, say, 1914 (before sovs were 'withdrawn'). You would have got just under 9 sovs for that.
Now, take those 9 sovs and time machine it back to now and the combined value of them would be c.£3000 spot...
So. Could gold be 3x overvalued right now! Could it really be worth.... a third of current prices (£480)... therefore hitting pretty close to Wonglers crash claim (£400).
I jest again.
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Prophecy got a reaction from silverin in The coming Gold crash
I'm still waiting for that dip... my last purchase was July 2005 @ £240. I jest.
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Prophecy got a reaction from GrahamDiamond in The coming Gold crash
I'm still waiting for that dip... my last purchase was July 2005 @ £240. I jest.
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Prophecy got a reaction from sovereignsteve in The coming Gold crash
So whenever Wongy turns up in the forum, it's a good time to buy on the dip.
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Prophecy got a reaction from dicker in The coming Gold crash
So whenever Wongy turns up in the forum, it's a good time to buy on the dip.
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Prophecy got a reaction from KRO in The coming Gold crash
So whenever Wongy turns up in the forum, it's a good time to buy on the dip.
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Prophecy got a reaction from Darr3nG in The coming Gold crash
So whenever Wongy turns up in the forum, it's a good time to buy on the dip.
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Prophecy got a reaction from Booky586 in The coming Gold crash
So whenever Wongy turns up in the forum, it's a good time to buy on the dip.
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Prophecy got a reaction from TheApe in The coming Gold crash
So whenever Wongy turns up in the forum, it's a good time to buy on the dip.
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Prophecy reacted to Darr3nG in The coming Gold crash
Interesting graph:
OPs thread contributions plotted against gold spot in dollars (trendline also included)
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