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Everything posted by Blobsy
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Gold strategy in the current economy
Blobsy replied to Lepista's topic in House prices and the economy
One should never be afraid to take a few chips off of the table, same for any investment, you can always the reinvest if the price takes a large dump. As long as you have a core holding for the potential of a SHTF scenario then you’re covered. -
Stewy, pls can you give your opinion on natural gas?
Blobsy replied to sell2rent's topic in House prices and the economy
There is lots of gas coming from Stewy. I do think he is an antagonist bot set up by the owners of the site to drive engagement. -
Russia to grow faster than all advanced economies says IMF
Blobsy replied to shlomo's topic in House prices and the economy
I doubt the average Russian will see any prosperity from a growing economy. -
Private car reg number plate as store of wealth
Blobsy replied to Si1's topic in House prices and the economy
Thanks, I’ll put it with my Jim’ll Fix It badge. -
Just an Israeli drone strike on a play area in a refugee zone in Gaza, 11 kids dead + more injured. Nothing to see here.
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Well he’s fcked either way, so looks like he’s going to take the state of Israel down along with him.
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Gold strategy in the current economy
Blobsy replied to Lepista's topic in House prices and the economy
I used BVault for trading the G/S ratio for a bit, much easier than the faff of physical for such things, got spooked after the US banking thing last year and pulled funds out. At the end of the day if there is some sort of financial catastrophe I wouldn’t expect my allocated metal to be there despite however many assurances. -
What’s he selling? Ah, a property investment course. Lol
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Gold strategy in the current economy
Blobsy replied to Lepista's topic in House prices and the economy
Hatton Garden Metals. Went in person as I was down there anyway. OTC transaction, easy enough. I think it was pretty close to spot if I remember. I bought from them years ago and they always were the cheapest. -
Gold strategy in the current economy
Blobsy replied to Lepista's topic in House prices and the economy
I’ve heard many commentators over the years say when $ and gold rise together it’s a huge end game canary. -
Gold strategy in the current economy
Blobsy replied to Lepista's topic in House prices and the economy
Hope so. The plan was to replace with sovs/brits on a pullback. Although I can see the tax exemption getting closed off at some point by a desperate gov. Good luck with the house, I remember you from posting on 24Knews years ago. All went a bit too Q-Anon for me over there in the end. -
Gold strategy in the current economy
Blobsy replied to Lepista's topic in House prices and the economy
Could this finally be the moment? I just assumed another smackdown rinse/repeat was imminent last month when I sold some to make use of my CGT allowance. Could gave got £1500 more if I’d instead sold today 🤓 -
Gold strategy in the current economy
Blobsy replied to Lepista's topic in House prices and the economy
I am reticent to sell any of my dusty bag of silver I have in the cupboard ( which has done feck all in god knows how many years) until it at least breaches the 2011 highs. My last major buy was £3K back when I was toying with the idea of buying bitcoin (then £300). This has been an utter DOG of an investment. -
Gold strategy in the current economy
Blobsy replied to Lepista's topic in House prices and the economy
I think Bullionbypost are buying at spot currently if you want a hassle free sale. -
Gold strategy in the current economy
Blobsy replied to Lepista's topic in House prices and the economy
https://www.thesilverforum.com/forum/13-uk-ungraded/ There is this forum. I’ve not sold there myself, I guess it required building up a bit of trust etc.