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DiggerUK

God Says "keep Silver Close, But Gold Even Closer".

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To all on HPC I say....'love all, serve all, hold gold, not silver'

When the holy ones hold pm's at a weight ratio of 3 silver, to 1 gold, then it is beholden on the wise Digger to mumble a missive or two.

I don't want to rub it in, that even the dearly departed guru, Sai Baba, held gold at a cash weighted ratio of 14 gold to 1 silver, as it may seem like I am baiting the silver heads.

As I am not here to bait silver heads, I won't point out that the holy one is more heavily weighted in cash than silver, at nearly 8 parts cash, to one part silver.

Now I take this as a clear message that God wants me to hold more gold than silver, and more cash than silver.

Amen to that sez I.

Edited by DiggerUK

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To all on HPC I say....'love all, serve all, hold gold, not silver'

When the holy ones hold pm's at a weight ratio of 3 silver, to 1 gold, then it is beholden on the wise Digger to mumble a missive or two.

I don't want to rub it in, that even the dearly departed guru, Sai Baba, held gold at a cash weighted ratio of 14 gold to 1 silver, as it may seem like I am baiting the silver heads.

As I am not here to bait silver heads, I won't point out that the holy one is more heavily weighted in cash than silver, at nearly 8 parts cash, to one part silver.

Now I take this as a clear message that God wants me to hold more gold than silver, and more cash than silver.

Amen to that sez I.

Lol, you are persistent digger :D

I have been trying to explain at kitco the risks of silver, everyone is saying to buy silver now. People are discussing aug 2 and the impact of the debt ceiling being raised or not and saying to buy as much silver as you can get now. I have tried pointing out that silver gets smashed during market events but people cant see it and start talking bolox about ratios and how gold has far more value to lose.

They dont seem to be able to compute that silver could easily drop to $20 but gold would have to correct back to $1000 to meet the same percentage. I dont see gold being able to do that quite as easily as silver can but all I hear is "long term ratio" nonesense.

That said, I personally think that silver is done now and will remain flatish until next year. The action is going to be in gold imo, some think that a large correction is in the post, I dont discount it but just cant see it yet tbh.

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He only had 100kgs of gold and 300kgs of silver. You'd have thought he would have more than that.

Only? :o 100kgs of gold and 300kg of silver is a lot in my book.

Does your stash dwarf his stash or something?

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Does your stash dwarf his stash or something?

Please, some discipline and manners would not go astray on this thread.

I do not want it to degenerate into a stash waving competition.

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i understand, its a tough choice, i cant move for my 200kgs of gold at the moment :D

100Kg of pure Gold would fit in a cube just over 17cm on each side (think that's right).

Moving around it wouldn't be a problem, moving it around would though :D

Price would be just shy of £3m. If I win the EuroMillions this week I'll have one made and post a picture :lol:

Edited by MrFlibble

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If I win the EuroMillions this week I'll have one made and post a picture

Ooooh, fibbleporn. Enough to spontaneously ignite anybodies joss stick.

Please win.....

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To all on HPC I say....'love all, serve all, hold gold, not silver'

When the holy ones hold pm's at a weight ratio of 3 silver, to 1 gold, then it is beholden on the wise Digger to mumble a missive or two.

I don't want to rub it in, that even the dearly departed guru, Sai Baba, held gold at a cash weighted ratio of 14 gold to 1 silver, as it may seem like I am baiting the silver heads.

As I am not here to bait silver heads, I won't point out that the holy one is more heavily weighted in cash than silver, at nearly 8 parts cash, to one part silver.

Now I take this as a clear message that God wants me to hold more gold than silver, and more cash than silver.

Amen to that sez I.

Another ponzi, except no one wanted a return on their investment. Well it made them feel good anyway.

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The stories of stashes being found in Indian temples is not just isolated to the above guru, which does not seem to be a one off.

All the various stashes seem to have one thing in common though; they are very, very heavy on gold, and light on silver.

It also appears that these stashes have been accumulated over extremely long periods of time.

Kind of knocks in to a cocked hat, the arguments that silver has a long history of being stored, as a store of wealth, when not even God wants to hold all that much.

Maybe he knows something that I do.

Looks like Gresham's Law in action if you ask me.

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So thats your stash eh? I mean how else would you know ;)

I wish, although I'd actually pay cash money to go and stroke something like that and have a crack at moving the sucker :D

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100Kg of pure Gold would fit in a cube just over 17cm on each side (think that's right).

Edited to note that I'd attempted to calculate a cube size for 100Kg based on faulty info from Wikipedia.

Using figures from here I now agree on 17cm per side.

Edited by LeeT

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It is too easy to ask about gold and silver and get advice from bugs that will reinforce your opinion. I like metals but I have to do the right thing here and be the devils advocate. Silver gets spanked when there is drama and gold can also tumble hard at certain times.

Nothing is a safe bet, you pay your money and you take your chances. The metal charts dont look any different to the house price charts an everyone knew that that couldnt last. I am not a bubble merchant but I am a realist and you need to do a lot ,more research of your own than asking questions about buying gold on a gold thread here or at kitco. I dont believe that gold is a bubble that could burst but anyone that discounts the possibility is a deluded moron imo, you have to be aware of all possibilities and respect them.

That said, if you are buying then I would stick with sovs. Apart from them being cgt free they are the best value per gram than anything else and they have history and are recognised the world over.

Edited by Number79

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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