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Quiet Guy

A Bad Sign

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http://www.telegraph.co.uk/finance/financevideo/8635217/Gold-ATM-machine-at-Westfield-meet-the-first-customer.html

"Gold vending machines are to be placed in every major city in Britain after the country's first machine was switched on in a West London shopping centre. The company behind the gold bar vending machines plans to install 50 across Britain over the next few years, allowing ordinary shoppers to invest in the precious metal as an investment."

This is a sign that gold is going to go mainstream. When the herd start taking an interest, it's time to start thinking about less fashionable alternatives.

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I appreciate what you are saying about the vending machines. However, how long did the housing boom go on for, with everyone and his dog spouting about property and BTL being a 100% solid investment to make money and for one's pension etc.

The sentiment is still very negative towards the barbarous relic. With regret, I believe that we will not see a great big take up of PMs in the UK this time round, it's going to be the East in the driving seat, buying solid assets.

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http://www.telegraph...t-customer.html

"Gold vending machines are to be placed in every major city in Britain after the country's first machine was switched on in a West London shopping centre. The company behind the gold bar vending machines plans to install 50 across Britain over the next few years, allowing ordinary shoppers to invest in the precious metal as an investment."

This is a sign that gold is going to go mainstream. When the herd start taking an interest, it's time to start thinking about less fashionable alternatives.

Property, sterling cash anyone? Gold is sooooooo yesterday...

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If the end result of this madness is a gold standard of some type, these are good signs. Gold is not going to go from being a weird niche investment for TFHs to the bedrock of the economy overnight. Maybe we are entering the acceptance phase.

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Guest spp

Yes...A very bad sign :rolleyes:

I love these threads.

Now if you could roll it back to $1400 on this dire news...that would be great.

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  • 312 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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