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KDave

Premium Member
  • Content count

    1,345
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    United Kingdom

Reputation Activity

  1. Like
    KDave got a reaction from Scuzzle in coming dip   
    There is usually a dip shortly after I make a large purchase, its quite amazing. 
  2. Like
    KDave reacted to Alex in coming dip   
    Yes,I expect a bearish trend this year followed by a great bull run after.The next recession might be the worst and only a piece of land where you can grow vegetables and chickens might save you.
  3. Like
    KDave reacted to vand in coming dip   
    I agree that a pullback is more likely than not, but if you want to hedge your holdings then there are far better ways to do it than selling part of your stack.
    I will not be selling my physical any time soon, but I have lightened up on my trading positions.
    Also, do not be surprised when the market suddenly does the unexpected and leaves the current price range behind for good. It did this in the last bull run when it went through $20 after several attempts. Anyone selling at $20 thinking there would be another pullback would have missed the blowoff move to $50. So on this basis, its a perfectly valid argument to just hold firm while you believe that we are in a bull market.
  4. Like
    KDave reacted to C12 in coming dip   
    The worst case scenario is that we go into a prolonged decade long deflation where the governments and central banks are completely helpless to do anything about it.
    There's no investment that can save anyone from this and it's a scary thought. PM's a great hedge against various things but nowhere near ideal in this scenario. 
    I think you do need PM's to hedge against the unknown outcome, but also a decent amount of cash in the safest possible place. 
  5. Haha
    KDave got a reaction from Roy in coming dip   
    2030's! I was thinking more in a couple of years it should be on its way. Hopefully we have a boring 2018 so there is more time for stacking. Also I want one of those caps that says 'DOW 30,000' before it goes tits up.  
  6. Haha
    KDave got a reaction from Roy in coming dip   
    2030's! I was thinking more in a couple of years it should be on its way. Hopefully we have a boring 2018 so there is more time for stacking. Also I want one of those caps that says 'DOW 30,000' before it goes tits up.  
  7. Like
    KDave reacted to Roy in Warszawa evening   

    9.30pm. Lots of reflection from the moon.
  8. Like
    KDave got a reaction from Scuzzle in coming dip   
    There is usually a dip shortly after I make a large purchase, its quite amazing. 
  9. Like
    KDave got a reaction from Scuzzle in coming dip   
    There is usually a dip shortly after I make a large purchase, its quite amazing. 
  10. Like
    KDave got a reaction from Scuzzle in coming dip   
    There is usually a dip shortly after I make a large purchase, its quite amazing. 
  11. Like
    KDave got a reaction from Scuzzle in coming dip   
    There is usually a dip shortly after I make a large purchase, its quite amazing. 
  12. Like
    KDave got a reaction from Scuzzle in coming dip   
    There is usually a dip shortly after I make a large purchase, its quite amazing. 
  13. Like
    KDave got a reaction from Scuzzle in coming dip   
    There is usually a dip shortly after I make a large purchase, its quite amazing. 
  14. Like
    KDave got a reaction from Scuzzle in coming dip   
    There is usually a dip shortly after I make a large purchase, its quite amazing. 
  15. Like
    KDave got a reaction from Scuzzle in coming dip   
    There is usually a dip shortly after I make a large purchase, its quite amazing. 
  16. Like
    KDave reacted to Lindeman in GOLD DEALS - See a deal, post here :)   
    No - that 1910 sovereign price (£607)  is correct and wholly to be expected.  If you read the blurb it explains two reasons why.  
    1 - Edward was King for only a short reign.  
    2. Edward is facing right.  
    So thats about an extra £150 for each amazingly rare feature ....😜
    its amazing how much contempt some dealers have for their potential customers...
     
  17. Like
    KDave reacted to Mark43 in Today I Received   
    From @KDave
     
     

  18. Like
    KDave reacted to Pete in Carillion Bust   
    Sort of thing Branson would look for as I still suffer the 100% loss of Northern Rock ( shares ) which miraculously turned back into profit a few weeks later.
    Don't mention the East Coast Rail Franchise either.
    Although Carillon has liquidated I am sure the city slick solicitors and accountants will still manage to charge £3,000 per day per person engaged on unravelling everything so the subcontractors will neither receive their payments for work and materials but a lot of people in suits will still do very well out of the collapse. All the money owed Carillon from late payments will be completely absorbed in fees.
  19. Like
    KDave reacted to shawy2510 in Today I Received   
    Got these today from@KDave


  20. Like
    KDave reacted to Xander in Carillion Bust   
    Apparently,  RBS was accused of undermining Carillion's attempts to avoid collapse, perhaps they want to keep all that lovely tax-funded ££££ bailout to themselves, after all, they have their own obscene bonus payments to consider.
  21. Like
    KDave reacted to PansPurse in Stuff I've learned in my first month of stacking   
    1) The budgeting advice is important. I am now reeling back/working on this.
    2) The Royal Mint's Signature gold option offers pretty competetive rates and is a good last-in/first-out stash of value.
    3)  Canadian’s have a horrible portrait of the Queen… possibly part of a larger disaffection with having her as head of state?
    4) Some people are crazy.
    5) Most people are not (and in fact pretty lovely)
    6) If you ever want to feel poor and humble, convert savings into gold.
    7) Relatively stable PM prices can look like terrifying roller-coasters if you follow them daily/weekly.
    8) I am definitely not a numismatically minded person (little scratches and links don’t seem to bother me in the slightest)
    9) I will never understand the popularity of Pandas (both the coin and the animal)
  22. Like
    KDave reacted to HawkHybrid in New leg beginning in USD bear market   
    I think silver will signal the overconfidence in pms similar
    to last time when it out performs gold significantly. this
    could be well past the halfway point for the bull market
    and if this is true then also far from the beginning of the
    printing.
     
    HH
  23. Sad
    KDave got a reaction from savoyard in Carillion Bust   
    Agreed there should be no bailouts what so ever. Bailout would allow nothing to be learned and the practices that led to this to continue. What does it say about the system we call capitalism when the same companies carrilion under cut are forced to bail out a competitor via their taxes? Not to mention those tax payers who have nothing to do with the company being lumbered with the bill. There will be pain but it is necessary. 
  24. Like
    KDave got a reaction from breaktwister in New leg beginning in USD bear market   
    You are not wrong to disagree, in principle at least. But a cornered Trump is at its most dangerous 
    The dollar is number one because the economy is energy based, and liquid energy is primarily traded in the US national currency, which is enforced through its military might. I agree with the sentiment, but i prefer the long game, China pretending to be the innocent benefactor from US decline, rather than overtly challenging them. The US military capacity dwarfs the Chinese so throw in Trumps unpredictability and I am not sure its worth it. 
  25. Like
    KDave reacted to C12 in New leg beginning in USD bear market   
    Deflation will be a strong sign for the dollar (at least initially). Money will panic out of all assets and back into cash, much like 2008. The charts suggest we're not there yet. 
    I think the central banks will have a much more difficult time printing their way out next time.. It will require some serious helicopters.