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House Price Crash Forum

Milk Monitor

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About Milk Monitor

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    HPC Newbie
  1. Hello all, Been a reader of many economics forums mainly since it all kicked off in 2008, and I subscribe to the key view on this site that house prices must fall for both economic and moral reasons. Like many on here I have been waiting like a coiled spring to see fair value as I have a large deposit and would like to purchase my own place. It is however, another prevalent HPC forum view, which I also agree with, that I would like to discuss here. The prospect of high inflation coupled with sterling depreciation and ways which we can protect ourselves. I am interested the methods people are using as they take precautions, i.e how they are holding the PMs or foreign currencies. My current position is; 20% gold, held at bullion vault, good facility which can be floated quickly if needed. Although obviously not truly physical as in you can keep it under your bed. Does anyone have an issue with Bullion Vault? 20% Dollar account, held with nationwide international, ok facility, pays poor interest of 0.5% and shaves a bit of margin on transfers in. Covered by gov compensation scheme and considered separate to anything you hold with nationwide mainland. As the BoE wilfully ignore their remit of keeping inflation below target and look certain to repeating the easy option of QE, I fear that we are on the verge of a currency crisis. I am looking for further ways to protect my savings. I am pretty much aware of perceived “good” currencies, but it’s the best ways of holding them which I am not so sure. Best accounts etc. Also for people holding physical PM how are they acquiring them? Any thoughts appreciated….. MM
  2. Thanks for the replies all, I actually thought that this was pulled by mods, as advised I will post in the main forum. Cheers.
  3. Morning all, Been a reader of many economics forums mainly since it all kicked off in 2008, and I subscribe to the key view on this site that house prices must fall for both economic and moral reasons. Like many on here I have been waiting like a coiled spring to see fair value as I have a large deposit and would like to purchase my own place. It is however, another prevalent HPC forum view, which I also agree with, that I would like to discuss here. The prospect of high inflation coupled with sterling depreciation and ways which we can protect ourselves. I am interested the methods people are using as they take precautions, i.e how they are holding the PMs or foreign currencies. My current position is; 20% gold, held at bullion vault, good facility which can be floated quickly if needed. Although obviously not truly physical as in you can keep it under your bed. Does anyone have an issue with Bullion Vault? 20% Dollar account, held with nationwide international, ok facility, pays poor interest of 0.5% and shaves a bit of margin on transfers in. Covered by gov compensation scheme and considered separate to anything you hold with nationwide mainland. As the BoE wilfully ignore their remit of keeping inflation below target and look certain to repeating the easy option of QE, I fear that we are on the verge of a currency crisis. I am looking for further ways to protect my savings. I am pretty much aware of perceived “good” currencies, but it’s the best ways of holding them which I am not so sure. Best accounts etc. Also for people holding physical PM how are they acquiring them? Any thoughts appreciated….. MM
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