Gold Monitoring Thread £ GBP only

[dicker]

GBP1674

Lots interest rate indicator news out this week in the US as well as unemployment numbers.

The last few days has apparently seen big volumes pouring into Gold and BTC.   As well as being news driven I suspect some traders are going in large to catch the upward momentum before selling out.  What does this mean for GBP Gold?

I don’t honestly know.

[goluckystayhappy]

5 hours ago, silversky said:

Currently trying to work out how much gold i WOULD have if i had never sold a singe gram. Ahh regrets regrets

I feel like this when I think about the bitcoin I mined back in the early days, sadly did not have diamond hands.

[BLOOMMAN101]

[Paul]

7 minutes ago, BLOOMMAN101 said:

Wah, Doooooooooooooooomed ! 

[BLOOMMAN101]

1 minute ago, Paul said:

Wah, Doooooooooooooooomed ! 

buy the dip mate  might be your last chance under $2200

[MancunianStacker]

Budgie day today too!

[katyc]

9 minutes ago, MancunianStacker said:

Budgie day today too!

I've heard they're doing another 2% NI cut. Ensuring that the Directors and (working) Pensioners get nothing (if they'd done a 2% tax cut we'd all benefit). Further solidifying my plans to leave the UK within the next few years.

 

Edited March 6 by katyc

[MancunianStacker]

5 minutes ago, katyc said:

I've heard they're doing another 2% NI cut. Ensuring that the Directors and Pensioners get nothing (if they'd done a 2% tax cut we'd all benefit). Further solidifying my plans to leave the UK within the next few years.

Where are you planning on going. I might follow but the other countries all seem to be pants too 😢 

[Darr3nG]

5 minutes ago, katyc said:

plans to leave the UK within the next few years.

Considering the same option... don't see it getting better here.

 

Just now, MancunianStacker said:

Where are you planning on going. I might follow but the other countries all seem to be pants too 😢 

True!  

[dicker]

9 minutes ago, katyc said:

I've heard they're doing another 2% NI cut. Ensuring that the Directors and (working) Pensioners get nothing (if they'd done a 2% tax cut we'd all benefit). Further solidifying my plans to leave the UK within the next few years.

 

Just wait for the incoming Labour government…..

[BLOOMMAN101]

4 minutes ago, dicker said:

Just wait for the incoming Labour government…..

hooray  free spliffs and unicorn rides for everyone!

[katyc]

Just now, MancunianStacker said:

Where are you planning on going. I might follow but the other countries all seem to be pants too 😢 

I had Portugal in mind. There was a Golden Visa programme but they've recently decided to pull it (I don't blame them, as it wasn't fair on the locals). There are other options I'm considering. Cyprus is becoming popular. The Canaries have a great temp all year around. Poland is a very good contender as there are some amazing parts and my other half is Polish - but I am not sure I could stomach the winters. Maybe Spain.... but I hear the heat and poor Wifi get unbearable (first world problems, ha ha! But I do need good Wifi as I'll be semi-retired but always have my finger in pies as my brain never switches off 🤪).

I'm under no illusion that all countries will have their own ridiculous nonsense going on - just like the UK, but by semi-retiring I'll enjoy giving the Government way less money and I may as well be somewhere sunny as it really lifts my spirits (especially after 44 years in Yorkshire and 350 days a year of rain!)

If by some miracle, over the next few years, the UK improves I may stay. But something has really changed in me and, right now, I'm working every day to reduce my belongings to make - whatever I decide - happen. I've a lot of research to do! I don't see the UK improving for at least 10 years - if ever at all. I love the Brits and I'm proud of being a Brit. But this country has become too woke for me.

7 minutes ago, dicker said:

Just wait for the incoming Labour government…..

I know.... More reason to get outta here! 

[katyc]

11 minutes ago, Darr3nG said:

Considering the same option... don't see it getting better here.

 

True!  

Perhaps we need to start a thread about "thinking of leaving the UK" - where to go, tax good/bad points etc....

 

[dicker]

Australia has zero inheritance tax…

[katyc]

I firmly believe many small business owners feel the same as me. We may be small but with a typical VAT +Corp tax + employee tax payouts of 100k+ per year (multiplied by millions of business owners) - followed by less jobs available since we are closing down - means the UK is even more doomed. We are (were) the backbone of the economy (around half the jobs I believe).

And to think it was a CONSERVATIVE gov that pushed us out is the most baffling part of it all!

Edited March 6 by katyc

[katyc]

1 minute ago, dicker said:

Australia has zero inheritance tax…

Oooh, noice. Not sure my Yorkshire skin could handle that though... 😆

[RoughDog]

 

 

[James32]

27 minutes ago, katyc said:

21 minutes ago, Darr3nG said:

Considering the same option... don't see it getting better here.

 

22 minutes ago, MancunianStacker said:

Where are you planning on going. I might follow.

 Further solidifying my plans to leave the UK within the next few years.

 

Half the forum gone ffs.

[katyc]

Anyway, before I get in trouble: 

£1675

Still going strong!

[MrStacker]

I have a feeling the last proper dip will be in the summer before we get use to seeing 1oz gold coins averaging over 1700. 
 

The world is definitely changing rapidly this year! 

[BLOOMMAN101]

[dicker]

If you have the right skills the following are very tax friendly. 

BUT IF YOU GO TO WORK ABROAD GO AND PAY A TAX ADVISOR BEFORE YOU EVEN CONSIDER IT.   The caps are deliberate.  

The following are low tax - and there are jobs available in these locations.  If you want 9-5 it’s probably not for you. 

Irrespective of whether you are are low level or a CEO, you need to work pretty hard but can make a lot of money.

- Singapore

- Dubai

- Saudi

- Bahrain

 

[theman73]

42 minutes ago, katyc said:

The Canaries have a great temp all year around.

Tenerife Adeje has its own microclimate due to the Teide nearby, if I can, that's my place to die.

Edited March 6 by theman73

[jultorsk]

56 minutes ago, dicker said:

Just wait for the incoming Labour government…..

Yup, this 100%. Aussies were once again duped by the siren song of Labour and now the country's finances are an abject sh*tshow... 

 It'll only ever get worse under leftist policies.

[dicker]

4 minutes ago, jultorsk said:

Yup, this 100%. Aussies were once again duped by the siren song of Labour and now the country's finances are an abject sh*tshow... 

 It'll only ever get worse under leftist policies.

As always is the case.  Irrespective of country.  

Every socialist that gets to power in the U.K. makes working people poor and themselves rich.

This is ONE of Tony Blair’s houses.

I remember reading he had a 30 million property portfolio…this is just one of his houses.