Anyone else addicted to buying gold?

[Foster88]

On 04/04/2022 at 20:57, GoldDabbler said:

 

Don’t, whatever you do show these on here unless you’re selling them, somebody will ask you how many fit in a tube.

Don’t let @James32 see them, he’d have your grandmother’s gold teeth if he could for spot price. 😆

On a serious note, yes we’re all collectors, stackers or addicted. I’m thinking of staring a group called Gold Addicts Anonnymous.

[Lyrinn]

On 04/04/2022 at 20:57, GoldDabbler said:

I bought my first two sovereigns last month. I thought that'd do for now and I'd maybe add one or two more over the next few years. Nope. I'm at it again already and bought another two sovs this month. I'm feeling a bit gold feverish  

"No, I can quit whenever I want."

Famous last words in PM collecting.

[Thelonerangershorse]

6 hours ago, Foster88 said:

Don’t, whatever you do show these on here unless you’re selling them, somebody will ask you how many fit in a tube

25

 

[GoldDabbler]

6 hours ago, Foster88 said:

Don’t, whatever you do show these on here unless you’re selling them, somebody will ask you how many fit in a tube.

Don’t let @James32 see them, he’d have your grandmother’s gold teeth if he could for spot price. 😆

On a serious note, yes we’re all collectors, stackers or addicted. I’m thinking of staring a group called Gold Addicts Anonnymous.

Haha when I've got a few more posts under my belt I might join paid membership and see what deals I can get off you chaps. ATM I'm just using Costco as it's easy to pick up a sov with the shopping. I got myself a safety deposit box at a decent rental price and now I feel like Harry Potter looking at his gold coins each time I drop another sov in the box lol. 

[Paul]

I've posted my little how I got into gold story in prior years, but it seems relevant to this thread today. Here's it again 

 

I'm 45 now and through my twenties, i guess I must have staked and wasted around £75k-£100k at a rough guess through bookies, FOBTs, online poker and land based casinos.



Some good days but it all quickly went back as losings in the end.



I went cold turkey at 30-31 and managed a few months until i relapsed again.



Told myself never again.



It was this time I found about gold, since 2008-2009 I have bought investment gold every month, a gold sovereign here, a half sovereign there, 1/2 oz on a good month, a full oz of fine gold when bonus from work.



What this did was separate actual cash i could gamble and move it into another tangible thing with value that i couldn't easily spunk away or spend.



Slowly but surely, my gold stack has grown, every month, as i would buy a another gold coin every fortnight or so.



The ancient Aztecs called Gold 'the sweat of the sun'



Blood, sweat, tears and toil getting it out of the ground.



YOUR blood sweat and tears represents how hard you have worked to get this coin you now hold, and continue to hold ongoing.



Your pile of gold increases monthly.



Gold is also a little bit of a gamble, it will never go to zero, it has been money for 5,000+ years, and can also go up in value



Currently im now VERY nicely up in £ terms if i chose to cash in and take some profits.



A quote stuck with me quite prophetically, as i've never believed in loans or credit cards.



“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.” ― Norm Franz, Money & Wealth in the New Millennium: A Prophetic Guide to the New World Economic Order



The bigger my gold stack grows the more satisfied I become and want more. A positive kind of addiction.



I have not yet cashed in one single coin for gambling and my investment pile has grew.



I have cashed gold in here on the forum and realized better than dealer prices to increase my business and expand/buy new vans/staff/tech



This degree of separation that takes place between the gold coin and actual cash i can spunk gambling is awesome.



Yet i know at a glance my total gold grams i have on any given day, and know how much it is worth should i cash in.



When money is in a bank AC it is just like figures on a screen to me, cash in my hand just gambling token/betting voucher credits.



I could never hold onto money while it was in a bank account, savings account would be were there for good intention but the money came out for gambling.



Gold doesn't do that for me, the degree of separation between between the time and effort it takes to cash in a gold coin, packing posting, sending, waiting for bank transfer for payment etc. is a few days minimum.



By which times my urge to gamble has long since past.



whilst i will always have that gamble bug inside me, i cant extinguish that flame as i like to to take risks, i'm self employed and risk = reward. and i have done well working over the years.



I still have my monthly little gamble, but as my priority with my spare cash is always to buy a minimum amount of gold, i'm never exposed to loose mega money EVER, fact these days, as the money isn't there because it has been converted from one asset class cash into another asset gold.



The small amount i assign myself to have a gamble is minimal, £100 or £200 for a month. should i win, i actually treat myself to some more gold coins for my stack.



With doing this approach and putting what used to be gambling stake money cash into gold, i've got my good nest egg of gold if i cashed it in from my safe deposit box.



I purposely store the gold in a safety deposit centre in a city that is hours drive/train ride away to resist the sudden urge to gamble/cash in.



A financial advisor would tell you it is stupid and daft to put all your eggs in one basket with one asset/investments, but to a gambler?



would i sooner have this,  lots of gold is much better than having nothing at all, **** all to show for it - so it works for me



Knowing this fall back of savings is there for any of lifes eventualities makes me sleep wonderfully at night.



This approach may not be for everyone but if you can never hold onto money it has worked wonders for me.



Sorry for the rambles length here today but to those nodding their head to this and this life course maybe sounds a familiar path to yours, if my narrative resonates with you, give gold a try. please try it, you might just like it, or start just buying gold with your big wins.

https://www.thesilverforum.com/topic/32375-your-gold-story-how-it-happened/?do=findComment&comment=416089

 

 

 

[Paul]

I may cash all my gold in to buy a plum jam factory though, im thinking about it. Choices choices

[RDHC]

1 hour ago, GoldDabbler said:

Haha when I've got a few more posts under my belt I might join paid membership and see what deals I can get off you chaps. ATM I'm just using Costco as it's easy to pick up a sov with the shopping. I got myself a safety deposit box at a decent rental price and now I feel like Harry Potter looking at his gold coins each time I drop another sov in the box lol. 

As an alternative to the safety deposit box if you wished to keep your gold at home, you could consider a gun/rifle cabinet. A bit bulky but once bolted to a wall, if properly done, it would be really, really difficult to get into or to take away for any malefactor. The ones for 3 or 4 firearms are not too expensive. I recommend the ones with only one key and shoot bolts for locking. Just a thought.

[jultorsk]

8 hours ago, Foster88 said:

On a serious note, yes we’re all collectors, stackers or addicted. I’m thinking of staring a group called Gold Addicts Anonnymous.

I think that would be useful and I'd join that group, as long as we don't need to drink Fosters in the meetings... 😅

[GoldDabbler]

6 hours ago, RDHC said:

As an alternative to the safety deposit box if you wished to keep your gold at home, you could consider a gun/rifle cabinet. A bit bulky but once bolted to a wall, if properly done, it would be really, really difficult to get into or to take away for any malefactor. The ones for 3 or 4 firearms are not too expensive. I recommend the ones with only one key and shoot bolts for locking. Just a thought.

No thanks to gold in the house, not even in a safe. I don't fancy some silly buggers kicking my door in and threatening me to open the safe if they thought I was storing gold at home. At least in a safety deposit centre the gold is out of the way. Only way to get it then is to frogmarch me off to get it, or kidnap the wife and send me off to collect it. I probably wouldn't bother coming back. I'll keep the gold, they can have the Mrs

[Ukbullionfan]

I’m trying to find a nice tube to store my sovereigns within their capsules too. I’ve purchased a few long tubes that had vitamin c dilutable drinks in but would not fit with capsule in. Does anyone have any suggestions ?

[ady]

2 hours ago, Ukbullionfan said:

I’m trying to find a nice tube to store my sovereigns within their capsules too. I’ve purchased a few long tubes that had vitamin c dilutable drinks in but would not fit with capsule in. Does anyone have any suggestions ?

35mm film tubes, really nice as holds eight - 2oz of wonderment!

[Jvw]

Nooooo I wouldn't go as far to call it an addiction.

It is just a huge craving for physical gold. The constant urge to touch, fumble and stare at that beautiful gold metal. To forget time when handling the coins. The feel of being a pirate when we stroll the seas of auctions and for sale threads on distant forums for that one treasure that no one else spotted. The bidding war, the countdown and finally the victory when we pay the online banktransfers! The countless hours of that online journey while wife and child is secondary in life and making place for that primary goal of succeeding in our mission to find....... GOLD! 

Edit: After reading my post again: Errrr yeah it can feel like an addiction... I would call it a slight obsession.

Edited April 7, 2022 by Jvw

[GoldDabbler]

1 hour ago, Jvw said:

The constant urge to touch, fumble and stare at that beautiful gold metal.

I couldn't agree more. Here's a pic of my first four sovereigns. Oh .... nom ...

 

 

Edited April 7, 2022 by GoldDabbler

[Britannia47]

Wow!  Where can I get ‘gold’ sovereigns like that? Mine are pink!…..

[GoldDabbler]

21 minutes ago, Britannia47 said:

Wow!  Where can I get ‘gold’ sovereigns like that? Mine are pink!…..

Dunno I get mine from Costco. They look a bit more 'gold' in the photos than they do irl but not by a huge amount tbh.  

 

Edited April 7, 2022 by GoldDabbler

[GoldDabbler]

Few more pix

[monkstax]

13 hours ago, GoldDabbler said:

Few more pix

 

 

 

 

Beautiful Coins and Quality pics!

 

Edited April 7, 2022 by monkstax

[JasonDavies]

On 06/04/2022 at 08:15, GoldDabbler said:

Haha when I've got a few more posts under my belt I might join paid membership and see what deals I can get off you chaps. ATM I'm just using Costco as it's easy to pick up a sov with the shopping. I got myself a safety deposit box at a decent rental price and now I feel like Harry Potter looking at his gold coins each time I drop another sov in the box lol. 

Which Costco sells Sovs? I go to the one at Croydon and never seen gold there.

[scotwasp]

On 06/04/2022 at 08:31, Paul said:

I've posted my little how I got into gold story in prior years, but it seems relevant to this thread today. Here's it again 

 

I'm 45 now and through my twenties, i guess I must have staked and wasted around £75k-£100k at a rough guess through bookies, FOBTs, online poker and land based casinos.



Some good days but it all quickly went back as losings in the end.



I went cold turkey at 30-31 and managed a few months until i relapsed again.



Told myself never again.



It was this time I found about gold, since 2008-2009 I have bought investment gold every month, a gold sovereign here, a half sovereign there, 1/2 oz on a good month, a full oz of fine gold when bonus from work.



What this did was separate actual cash i could gamble and move it into another tangible thing with value that i couldn't easily spunk away or spend.



Slowly but surely, my gold stack has grown, every month, as i would buy a another gold coin every fortnight or so.



The ancient Aztecs called Gold 'the sweat of the sun'



Blood, sweat, tears and toil getting it out of the ground.



YOUR blood sweat and tears represents how hard you have worked to get this coin you now hold, and continue to hold ongoing.



Your pile of gold increases monthly.



Gold is also a little bit of a gamble, it will never go to zero, it has been money for 5,000+ years, and can also go up in value



Currently im now VERY nicely up in £ terms if i chose to cash in and take some profits.



A quote stuck with me quite prophetically, as i've never believed in loans or credit cards.



“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.” ― Norm Franz, Money & Wealth in the New Millennium: A Prophetic Guide to the New World Economic Order



The bigger my gold stack grows the more satisfied I become and want more. A positive kind of addiction.



I have not yet cashed in one single coin for gambling and my investment pile has grew.



I have cashed gold in here on the forum and realized better than dealer prices to increase my business and expand/buy new vans/staff/tech



This degree of separation that takes place between the gold coin and actual cash i can spunk gambling is awesome.



Yet i know at a glance my total gold grams i have on any given day, and know how much it is worth should i cash in.



When money is in a bank AC it is just like figures on a screen to me, cash in my hand just gambling token/betting voucher credits.



I could never hold onto money while it was in a bank account, savings account would be were there for good intention but the money came out for gambling.



Gold doesn't do that for me, the degree of separation between between the time and effort it takes to cash in a gold coin, packing posting, sending, waiting for bank transfer for payment etc. is a few days minimum.



By which times my urge to gamble has long since past.



whilst i will always have that gamble bug inside me, i cant extinguish that flame as i like to to take risks, i'm self employed and risk = reward. and i have done well working over the years.



I still have my monthly little gamble, but as my priority with my spare cash is always to buy a minimum amount of gold, i'm never exposed to loose mega money EVER, fact these days, as the money isn't there because it has been converted from one asset class cash into another asset gold.



The small amount i assign myself to have a gamble is minimal, £100 or £200 for a month. should i win, i actually treat myself to some more gold coins for my stack.



With doing this approach and putting what used to be gambling stake money cash into gold, i've got my good nest egg of gold if i cashed it in from my safe deposit box.



I purposely store the gold in a safety deposit centre in a city that is hours drive/train ride away to resist the sudden urge to gamble/cash in.



A financial advisor would tell you it is stupid and daft to put all your eggs in one basket with one asset/investments, but to a gambler?



would i sooner have this,  lots of gold is much better than having nothing at all, **** all to show for it - so it works for me



Knowing this fall back of savings is there for any of lifes eventualities makes me sleep wonderfully at night.



This approach may not be for everyone but if you can never hold onto money it has worked wonders for me.



Sorry for the rambles length here today but to those nodding their head to this and this life course maybe sounds a familiar path to yours, if my narrative resonates with you, give gold a try. please try it, you might just like it, or start just buying gold with your big wins.

https://www.thesilverforum.com/topic/32375-your-gold-story-how-it-happened/?do=findComment&comment=416089

 

 

 

Great post, fantastic, I only wish I could have used all my “likes” in one go. Although I don’t gamble myself I know a few chaps who have had their lives destroyed by it. Well done and please keep sharing your story. 
 

[GoldDabbler]

9 hours ago, JasonDavies said:

Which Costco sells Sovs? I go to the one at Croydon and never seen gold there.

It's nationwide as far as I know. Bars, Brits & sovs. You can buy discreetly by asking for a sovereign or whatever you want at customer services. Fill in a form, flash your membership card and pay. Great way to build a stack with little effort or worry about getting a fake gold.

 

 

 

 

 

[GoldDabbler]

13 hours ago, monkstax said:

 

 

 

 

Beautiful Coins and Quality pics!

 

 I'm now thinking 'If I cut back on the other half's restaurant trips, cancel her gym membership, and her hair dos, I can buy more gold!' I might end up single but at I'll be better off  

Edited April 8, 2022 by GoldDabbler

[Ukbullionfan]

4 hours ago, GoldDabbler said:

It's nationwide as far as I know. Bars, Brits & sovs. You can buy discreetly by asking for a sovereign or whatever you want at customer services. Fill in a form, flash your membership card and pay. Great way to build a stack with little effort or worry about getting a fake gold.

 

 

 

 

 

Can they test it there for you if you request ?

[FourNinesFine]

6 hours ago, GoldDabbler said:

It's nationwide as far as I know. Bars, Brits & sovs. You can buy discreetly by asking for a sovereign or whatever you want at customer services. Fill in a form, flash your membership card and pay. Great way to build a stack with little effort or worry about getting a fake gold.

 

 

 

 

 

Well, I never knew that. And I've been wasting all my money on bulk toilet rolls and hotdogs! In all seriousness, I will be checking my local one next time I'm there.

[GoldDabbler]

On 08/04/2022 at 14:37, Ukbullionfan said:

Can they test it there for you if you request ?

I check the size and weight myself. Give or take a fraction of a gram here n there they seem fine.

 

Edited April 11, 2022 by GoldDabbler

[GoldDabbler]

On 08/04/2022 at 15:57, FourNinesFine said:

Well, I never knew that. And I've been wasting all my money on bulk toilet rolls and hotdogs! In all seriousness, I will be checking my local one next time I'm there.

Easy way to buy gold. I try and pick up a couple of sovs a month now towards pension day. Plug and play gold collecting. I probably wouldn't bother otherwise. Too much hassle.