Insurance

Wattie

Member
Messages
8,640
Some of you may have noticed that this Central Banker manipulated global economy is beginning to fall apart.......it's headed worse than 2007/2008.

If any of you would like to buy some financial insurance against bankers stupidity "mates rates" are available on the oldest store of value that exists......up 14.4% so far this year in GBP and headed a lot higher.

Become your own central bank, do what they do, not what they say!

www.buying-bullion.com

Drop me a line on sales and I'll sort you out.
Cheers Wattie
 

outrun

Member
Messages
5,017
Interesting Wattie. I'll keep this in mind. Watched by investments drop 4.4% last week alone. I'm not sure what the point of saving really is....
 

Wattie

Member
Messages
8,640
Interesting Wattie. I'll keep this in mind. Watched by investments drop 4.4% last week alone. I'm not sure what the point of saving really is....
Would be delighted to assist, silver is an inexpensive way into precious metals ownership too and it's a very attractive prospect,
$49 all time high, today $15.50 ish...... A return to only $20 will produce circa 30%. no stock market in the world will do that based on fundamentals.
Our accounts are free and once set up you have no obligation to fund it. Pm if u ever want more info/ guidance.

With deposits at zip % I think with an 18 month view it'll follow gold higher and do well.
Cheers Wattie
 

GeoffCapes

Member
Messages
14,000
I've done a bit of bullion trading before and did very well out of it.

Have been watching the fall in gold prices closely. Maybe time to look at dipping my toe again.
 
Messages
6,001
I may be interested Wattie
I have looked at Bullion Traders (I think) as recommended in the Telegraph a year or so back but never chased it up
Let me ruminate and I may PM you - unless you have any info / website you could PM me
Cheers mate
 

Wattie

Member
Messages
8,640
I've done a bit of bullion trading before and did very well out of it.

Have been watching the fall in gold prices closely. Maybe time to look at dipping my toe again.

Well I'd be delighted to assist,
Gold now up 17.7% in $, 12.4% Eur and 19.6%£ year to date.....

Everything is beginning to fall apart. The Fed (who influence everything) are totally out of ideas and credibility and are even now contemplating negative interest rates, such is their desperation!!

http://www.zerohedge.com/news/2016-...its-fed-evaluating-possibility-negative-rates

http://www.zerohedge.com/news/2016-02-11/best-and-worst-performing-assets-end-qe3

http://www.zerohedge.com/news/2016-02-11/if-credit-right-sp-facing-40-crash

Unfortunately this crisis is not over by a long shot.....look out for Deutschbank in Europe......ticking timebomb.

cheers wattie
 

Wattie

Member
Messages
8,640
I may be interested Wattie
I have looked at Bullion Traders (I think) as recommended in the Telegraph a year or so back but never chased it up
Let me ruminate and I may PM you - unless you have any info / website you could PM me
Cheers mate

Pm me your email Dave and I can send you our brochures.
Other info and account set up (without obligation) can be found here
www.buying-bullion.com

Cheers Wattie
 

GeoffCapes

Member
Messages
14,000
Well I'd be delighted to assist,
Gold now up 17.7% in $, 12.4% Eur and 19.6%£ year to date.....

Everything is beginning to fall apart. The Fed (who influence everything) are totally out of ideas and credibility and are even now contemplating negative interest rates, such is their desperation!!

http://www.zerohedge.com/news/2016-...its-fed-evaluating-possibility-negative-rates

http://www.zerohedge.com/news/2016-02-11/best-and-worst-performing-assets-end-qe3

http://www.zerohedge.com/news/2016-02-11/if-credit-right-sp-facing-40-crash

Unfortunately this crisis is not over by a long shot.....look out for Deutschbank in Europe......ticking timebomb.

cheers wattie

It might be up for now. However, there are a number of things that need to happen before you get a continued rise.
I can see it falling back to around the $800 an ounce figure before a concerted rise. (of course I may be wrong and often am, but DYOR as always).

I started buying years back when it was $380 and ounce. Didn't have enough cash to buy loads so I bought on a spread bet.
I think at one point I was about £250 a dollar so watching it go up $40-50 a day was great!

Sadly my divorce has taken all those profits......
 

Wattie

Member
Messages
8,640
It might be up for now. However, there are a number of things that need to happen before you get a continued rise.
I can see it falling back to around the $800 an ounce figure before a concerted rise. (of course I may be wrong and often am, but DYOR as always).

I started buying years back when it was $380 and ounce. Didn't have enough cash to buy loads so I bought on a spread bet.
I think at one point I was about £250 a dollar so watching it go up $40-50 a day was great!

Sadly my divorce has taken all those profits......

You'll be wrong.

If Gold has fallen to the levels you quote, then the USD will have dramatically gained even more strength.....offsetting the fall in the price in Gold. The 2 tend to act inversely.

What many people fail to understand, including yourself I suspect is that Gold is in effect it's own currency so its growth depends on what currency you view the price in. See the table. http://www.zerohedge.com/news/2016-01-26/best-performing-currency-21st-century

Many countries currencies around the world are being crushed right now...but if those individuals in those countries hold Gold, they are maintaining far more buying power. You can see for yourself if you check Golds performance in Rubels, Rand, Aud$, Brazil l, Cad$ etc etc
Long term average results in literally all currencies show its store of value (table)

It's not the value of something...it's the buying power it has that is important!
In November 2007 £1 bought $2.0722
Today it buys $1.42 ishgold-price-performance_x (2).jpg

You've still a £ in your pocket but it buys 31% less.

As this crisis manifests itself (and its a currency crisis too) it's buying power that will protect your wealth, not what value you have in your pocket.
Cheers Wattie
 

hilts uk

Member
Messages
945
While not knocking the idea of gold as a safe haven its worth considering that there is a decent amount of hot money invested in gold - especially via ETF's and during any crisis liquidity dries up and traders de-lever and sell asll assets. When Lehman went bust in October 2008 gold fell sharply and I expect the same thing happen here again if there is a shock. Personally I'd avoid silver - its a casino asset and far too volatile to put any decent share of wealth into it.
 

Wattie

Member
Messages
8,640
While not knocking the idea of gold as a safe haven its worth considering that there is a decent amount of hot money invested in gold - especially via ETF's and during any crisis liquidity dries up and traders de-lever and sell asll assets. When Lehman went bust in October 2008 gold fell sharply and I expect the same thing happen here again if there is a shock. Personally I'd avoid silver - its a casino asset and far too volatile to put any decent share of wealth into it.
Gold fell ( like everything else) then rose in many currencies as the table shows. It's always worth $ cost averaging over time....buying a little here and there to average out your buying price.
Silver shouldn't be avoided, that's far too specific to be useful advice. Look at its returns this year....excellent!. It should be regarded as "poor mans gold"....it's an industrial metal and it can be very volatile- but can produce excellent returns. Once again, a little as part of a diverse portfolio can play a part.
Cheers Wattie
 

Wattie

Member
Messages
8,640
Some of you may have noticed that this Central Banker manipulated global economy is beginning to fall apart.......it's headed worse than 2007/2008.

If any of you would like to buy some financial insurance against bankers stupidity "mates rates" are available on the oldest store of value that exists......up 14.4% so far this year in GBP and headed a lot higher.

Become your own central bank, do what they do, not what they say!

www.buying-bullion.com

Drop me a line on sales and I'll sort you out.
Cheers Wattie

Busy day for us online. Seems that Gold is being targeted as Brexit insurance. (sterling sufferred its biggest fall in a year today http://www.telegraph.co.uk/finance/...ear-as-Boris-Johnson-sparks-Brexit-fears.html)

It's up 19% ytd in £. Silver 14%

Whatever your view on Brexit, the uncertainty all this is creating for Sterling makes a small gold investment look important to a growing number of UK savers. The broader point for investors everywhere is also plain, as politicians like nothing more than messing things up the horror of unintended consequences litters the Brexit debate.

Cheers Wattie
 

Wattie

Member
Messages
8,640
Busy day for us online. Seems that Gold is being targeted as Brexit insurance. (sterling sufferred its biggest fall in a year today http://www.telegraph.co.uk/finance/...ear-as-Boris-Johnson-sparks-Brexit-fears.html)

It's up 19% ytd in £. Silver 14%

Whatever your view on Brexit, the uncertainty all this is creating for Sterling makes a small gold investment look important to a growing number of UK savers. The broader point for investors everywhere is also plain, as politicians like nothing more than messing things up the horror of unintended consequences litters the Brexit debate.

Cheers Wattie
Gold Now up 23.4% and silver around 13.7% ytd.
Mates rates available.
www.buying-bullion.com
(Silver can be bought for around £11 an ounce.......)

Cheers Wattie