jonesinamillion

Its been a while! My PM status at the moment... shifted most of my PMs at about break even point with the exception of a few bits for the kids an a tube of maples. Thinking of putting a few bits aside again, still love silver but still think gold may be a better long term; would a handful of sovs or a tube of maples be a very bad thing at the moment? Its either this, an isa or a luxury watch!

Joined here 4 years ago in 2010 when I started buying PMs in relatively small quantities. Sold some, helpd some. What are your thoughts on the "bubble" that everyone was talking about back then? I've seen silver drop by massively from when I was buying! Gold has corrected back to where it was pretty much.

Your thoughts?

Taken delivery today, nice, small but nice! Was surprised that nowhere on the coin is the numbers "20", just the letters "twenty" on the head side, strange.

Just order more to your work address, homes of friends & family etc... Order some to my house if you want

I want one!* *several

I'm looking to buy a new car so am considering off lading some silver bullion... I have available... X2 metalor kilo bars with certs. X1 plata fina 500gm bar. X1 tube (25) of 1oz silver maples 2011. I'm in stoke on Trent and would be looking for a cash sale. Pm me if interested.

Good shout on getting into pm. Silver would be my preference, I have a modest few bars and a couple of tubes of maples just in case. The next time I'm saving or investing for the future I'm going to be looking for something that will always be in demand, non perishable, may become rarer, is easy to sell or trade, will go up in value ( and history shows this), non traceable.... I'm thinking alcohol, or specifically a decent quantity of fine whiskey! I've also considered tobacco, a few grands worth will easily fit into a small suit case and if it ever gets banned I'll be laughing! Ps don't forget to enjoy your inheritance, buying a future classic car could serv both purposes... When I was young you could pick up a RS500 cosworth for a couple of grand, a good one nowadays will set you back £30k. Lancier delta intergarales, metro 6r4, audi 80 Quattro turbos all went the sme way too. Look at getting standard lw mileage example of maybe the rear engined Renault Clio, ford escort cosworth etc...

I doubt weather team GBs olympians will be too concerned about the low gold content... We won't be winning any at this rate

Small denominations without a massive mark up, could be usefull when it comes to selling it off.

Sold a couple of sovs yesterday I usually hate selling but I wasn't that bothered this time.

Surely there will be less availble properties??? We have a growing population, houses are falling into disrepair / coming to the end of their usefull life, far fewer new properties are being built.

People taking in lodgers will never account for any meaningfull number of people, nor will couples be able to find lodgers readily never mind familys finding somewhere to lodge! People who can't affor to buy will surely aim to rent eventually?

People will simply not be able to afford to or be allowed borrow There are plenty of people who could just about meet rental payments, but no way could they afford this plus a massive deposit, solicitors fees, or surveys, their own property maintenance etc... Nor would many want to borrow at a base rate of 10%+ with a chance of it going higher still!

I have no idea how it will pan out if interest rates take a hike. I do know that many if not most home owners will do everything they can to keep their home, extra jobs etc... If you simply cannot keep or own your own home, the next best in the hierarchy is renting which is what people will look to do. It would be a very last gasp for many to move their family in with parents and would only ever be a short term solution, with people looking to rnt or buy as soon as they could. The hysteria, uncertainty, instability and damage that hiked interest rates woul cause leads me to believe that rates will remain low ( fingers crossed!) for many years to come! I would imagine rent rates will track the interest rate proportionately as a large %age of rental properties will not be owned outright and landlords aren't going to let at a loss? Owned rental properties will not need to lower their demands as there will be a going rate set by the mortgaged rental properties with potential tenants a plenty ready to fill them.