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  1. Carillion Bust

    Too much debt, write down value of contracts last year, generally seen to be underbidding to win contracts and its all caught up with them.
  2. Will gold hit $1,500 this year?

    Not on its own, it will need a major global incident to drive it there.
  3. The trouble is that each stage of production requires manual real world certification. All the blockchain can do is record what was input, if you dont trust the input, then nothing can change; if you trust the input the blockchain isn't necessary and you can use existing simpler database systems. There is a requirement for pharmaceuticals to implement this in the EU.
  4. It's about right on money. It is highly speculative. I read Bitcointalk and most the people dont have a clue what they are really "investing" in, they are just looking for something that will go x10, x100.
  5. What will happen to gold if we go digital

    It will be the same as having gold in any existing fully allocated vault, I dont see how it will differ. They give a digital certificate too, an email, contract document too And I would be concerned how such a coin would be treated by the cryptocurrency market. So many in cryptoland dont have a clue about what they are investing in, if its high profile and sold as safe (because backed by gold) I can see the speculators ramping up the price of the coin above its asset value. Perhaps the objective of this anticipated cryptocurrency, with large amounts of gold behind it, is simply to open accessibility to gold investment.
  6. The advances of AI are overstated. As someone who studied this subject in the 90's the state of the art has barely moved, what is called AI is really machine learning. Give a system so many examples, so much input that it processes so fast it can arrive at a decision appearing to be "intelligent". There are great advances in various fields to utilise this, but not to the degree some like to forecast. The jobs taken up by machines will free human labour for other more productive purposes. We've had technological revolution before and each time the population find new work in new areas. The system detecting cancer will just mean more patients can be diagnosed earlier, mass screening becomes possible, still need doctors to actually carry out personal consultation, treatment, and nurses to provide care. On the other hand robotics have been replacing manufacturing for decades, and no one paid much attention to that change. Main thing for PM is the increase use of silver in technology will support or raise price. Gold maybe not so much as its too expensive to use in quantity and so valuable that recycling is a commercial operation. Chap i know works in recycling plant, they spend hundreds of thousands on machines and processing line to reclaim materials from electronics).
  7. £250 a month...

    Very good point. On a basic level always keep enough cash in hand to pay for day to day expenses. I've twice experienced localised but significant network outages ATMs and shop terminals were down, so only those with cash could get their lunch. Could try to offer a tradesman a half sovereign for emergencies?
  8. Forgot about this happening, thought i might be reversed. Its a disappointing change and done for the wrong reasons. We all pay processing fees and dont see them normally, the only reason this comes in due to a few being excessive, or adding the charge to low headline prices when other options weren't available. Previously with some places i could chose to pay by card or cash/transfer and see a saving or pay for convenience. Now i wont be able to chose and prices rise 3.5% instead. Due to the vast majority of sales absorbing card fees into prices it wont have a major impact, but its annoying all the same. They could instead have legislated for the fee to be limited to what was charged by the processor, or companies to publish the full cost where its only option (thinking air fare in particular here, they should price in main costs then offer discounts for no luggage etc.)
  9. £250 a month...

    6 mth wages seems to much, and quite unrealistic for many. I always gone with a guide of 3 mth wages, plus cost of a boiler as a guide (if your on low salary, might be the same as 6mths...), and that "boiler" money is there to be spent on things needing fix (car, breakages etc). This is what lead me to silver in the first place, something to do with "excess" saving that was a bit more interesting than chasing % rates. Its nice to earn 5% on saving over the long term but dull. So assuming some savings already on hand, the answer is metals. And how about alternating? one month a sov, next a bundle of silver?
  10. 2017 Isle of Man Noble Reverse Proof

    I like that. Apmex means prohibitively expensive though.
  11. Index funds are great over long term. What you have to bear in mind s the Index components changes over the year, with poorly performing companies dropped and replaced by well performing companies. Only question is whether its all a bit frothy at the moment and due a correction, i've held off further investment due to this, though maybe missing some years of gain.
  12. Milk spot on my Britannia

    Has it been determined definitively what the cause is? As it seems to be more prone on some, from endemic to rare from different mints, it must be part common, part mint specific process. As i recall there is no problem with older coins .925 silver, so is the simple solution to revert from .999 silver to something slight less pure but free from this affliction? At least for proofs where the value is in the finish rather than the metal content.
  13. That's an odd view of crypto. The scaling issues are from poor design, and i'm not sure of real security issues (it is underpinned by encryption after all). Moreover, the banks already have electronic payment systems in place and people are going cashless via cards, contactless payments, paypal, Swift/SEPA etc. They don't need crypto currencies, it does solve any problems they have (except Satoshis original concept to bypass banking, i think we're past that now) and its a lot less usable than the systems in place. Also, bitcoin started with demonisation, its put that behind it now. The evidence of behaviour of governments is they are more interested in regulation that banning crypto, i dont believe they or the banks see it is a threat, and the banks see blockchain concept as an opportunity to tidy up their own internal transactions.
  14. First Time Silver Melting Advice

    ooo... I'd written off the idea of a little melting and moulding as the furnaces are relatively expensive for a whimsical hobby, never occurred you can do it with butane torch and this MAPP torch is interesting I recall a video with some chap making a furnace from a bucket filled with plaster, a hole, hairdryer and common BBQ bricks. melts alu cans and copper, that would be enough for silver?
  15. Today I Received

    Thats what im after, silvergoldbull didnt have this last time I looked. How did the LTC tx go?