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vand

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Reputation Activity

  1. Like
    vand got a reaction from ST1986 in Renting out a home?   
    i think you're about 10 years too late to be getting into the BTL game.
  2. Like
    vand got a reaction from ST1986 in Renting out a home?   
    i think you're about 10 years too late to be getting into the BTL game.
  3. Like
    vand got a reaction from arcglide in mispriced or just rediculass?   
    Currently on GS.be:
     
    Lion: £50.63
    Griffin: £44.90
    Dragon: £32.20
    Unicorn: £29.99
    Bull: £29.64
  4. Like
    vand got a reaction from ally5727 in mispriced or just rediculass?   
    yes, the older QB coins have quite a premium now. It's think its just supply and demand. When the Lion launched, the premium was exorbitant so I avoided it, but then it seemed to crash through the floor and so I started stacking them... very glad I have a few now. According to my spreadsheet the QB series makes up 7.6% of my stack 
     
  5. Like
    vand reacted to Tn21 in When Siver goes through the roof!   
    I think an important point to mention is that if silver/gold goes through the roof (hopefully more like when) what will be the implication on the prices of goods and services. In an inflationary environment prices of goods and services could also skyrocket. Back to the topic, if silver goes through the roof I would deffinately consider selling a set %, but I would definately also consider using the silver in a barter economy if possible. 
  6. Like
    vand got a reaction from arcglide in mispriced or just rediculass?   
    Currently on GS.be:
     
    Lion: £50.63
    Griffin: £44.90
    Dragon: £32.20
    Unicorn: £29.99
    Bull: £29.64
  7. Thanks
    vand got a reaction from onlyroadtoheaven in SHTF   
    https://silverprice.org/silver-price-argentina.html
  8. Like
    vand got a reaction from KDave in Retirement...   
    Tax is tax no matter what guise it comes under or how it is dressed up. 
    I am a small government/low tax advocate in general, but I think that if you are going to have taxes they generally need to all be harmonised to the same rate. Otherwise, what happens over time is that capital always figures out what the most tax-efficient place is to park itself, so you get all sort of complex loopholes developing and a bloated, overcomplicated tax/legal system that nobody really understands, and vast resources and economic activity are devoted to this which could be better deployed elsewhere.
  9. Like
    vand got a reaction from KDave in Retirement...   
    Tax is tax no matter what guise it comes under or how it is dressed up. 
    I am a small government/low tax advocate in general, but I think that if you are going to have taxes they generally need to all be harmonised to the same rate. Otherwise, what happens over time is that capital always figures out what the most tax-efficient place is to park itself, so you get all sort of complex loopholes developing and a bloated, overcomplicated tax/legal system that nobody really understands, and vast resources and economic activity are devoted to this which could be better deployed elsewhere.
  10. Like
    vand got a reaction from KDave in Silver Monitoring Thread £ only.   
    Encouraging technical picture for SilverGBP.
    Looks like it is about to complete a basing pattern. We are just touching the 200dma, the 50dma is well behind us and beginning to turn up.
    Last time this happened was in Aug 2017, unfortunately it did not mark the start of a new uptrend back then, but maybe it will do so this time.
     
    http://schrts.co/bptvpT
  11. Like
    vand reacted to KDave in When Siver goes through the roof!   
    Looking at just the price in £ will not give you the answer. What about the price in USD (and the exchange between USD/GBP). What about the value of stocks to gold/silver, value to house prices, value to other commodities. The GSR. Lots of metrics to measure to determine when to sell - look to history to find out when to sell. Don't sell all at once, sell bits at a time, with any luck you will see on the way up and not on the way down, but you will never sell right at the top - thats like winning the lottery twice, once on your silver lottery ticket and then again in your timing lottery ticket 
    Are you buying silver as a lottery ticket? 
    Having said that, looking at the price in £ may very well give you the answer! What is a meaningful amount of pound sterling to you? Would £50 an ounce give you a meaningful amount based on your stack or not? If the answer is yes then its easy that is when you sell. Will we ever see £50 an ounce? No. (I could be wrong )
  12. Like
    vand got a reaction from kimchi in Silver Stacking Regrets   
    The future regret many will have will be that they sold their silver when the party was just getting going. Don't have £15, £18 or £20 as a short term target. I laugh when I hear people bandy about these pittances of a target. Think longer term. Silver will take out the old highs and then some when the next s**tshow rolls into town.
    Wait for the time where everyone is saying that you need to own precious metals before you even think about selling. With everything seemingly rosy, nobody cares about stacking PMs right now... https://www.reuters.com/article/us-gold-coins-usa/u-s-gold-coin-sales-slide-as-stock-markets-show-more-luster-idUSKBN1HW23Y ""In the final quarter of 2009, U.S. investors bought 21 tonnes of official gold coins, according to GFMS data. Nearly eight years later, with U.S. stocks swinging higher, sales had dwindled to less than a tenth of that.""
    If you do what the majority do then you will end up like the majority, buying high, selling low, and with little to show except a lifetime of income wasted on chasing the easy thing.
    I can tell you from bitter past experience that the worst thing you can do is to sell an investment that in your bones you know is well underpriced for a 20-30% gain and miss out on the 10-fold increase that came thereafter.
  13. Like
    vand got a reaction from Scuzzle in Silver Stacking Regrets   
    Fortunately this is an easy "regret" to correct, even moreso given the current low price. 
    Caring far too much about the pretty design on the coin, its rarity or its future numismatic prospects is a mistake that far too many "stackers" make. I personally don't stack anything pricier than a Lunar/Panda. Who cares? Its all silver.
  14. Like
    vand got a reaction from kimchi in Silver Stacking Regrets   
    The future regret many will have will be that they sold their silver when the party was just getting going. Don't have £15, £18 or £20 as a short term target. I laugh when I hear people bandy about these pittances of a target. Think longer term. Silver will take out the old highs and then some when the next s**tshow rolls into town.
    Wait for the time where everyone is saying that you need to own precious metals before you even think about selling. With everything seemingly rosy, nobody cares about stacking PMs right now... https://www.reuters.com/article/us-gold-coins-usa/u-s-gold-coin-sales-slide-as-stock-markets-show-more-luster-idUSKBN1HW23Y ""In the final quarter of 2009, U.S. investors bought 21 tonnes of official gold coins, according to GFMS data. Nearly eight years later, with U.S. stocks swinging higher, sales had dwindled to less than a tenth of that.""
    If you do what the majority do then you will end up like the majority, buying high, selling low, and with little to show except a lifetime of income wasted on chasing the easy thing.
    I can tell you from bitter past experience that the worst thing you can do is to sell an investment that in your bones you know is well underpriced for a 20-30% gain and miss out on the 10-fold increase that came thereafter.
  15. Like
    vand got a reaction from Scuzzle in Silver Stacking Regrets   
    Fortunately this is an easy "regret" to correct, even moreso given the current low price. 
    Caring far too much about the pretty design on the coin, its rarity or its future numismatic prospects is a mistake that far too many "stackers" make. I personally don't stack anything pricier than a Lunar/Panda. Who cares? Its all silver.
  16. Like
    vand got a reaction from kimchi in Silver Stacking Regrets   
    The future regret many will have will be that they sold their silver when the party was just getting going. Don't have £15, £18 or £20 as a short term target. I laugh when I hear people bandy about these pittances of a target. Think longer term. Silver will take out the old highs and then some when the next s**tshow rolls into town.
    Wait for the time where everyone is saying that you need to own precious metals before you even think about selling. With everything seemingly rosy, nobody cares about stacking PMs right now... https://www.reuters.com/article/us-gold-coins-usa/u-s-gold-coin-sales-slide-as-stock-markets-show-more-luster-idUSKBN1HW23Y ""In the final quarter of 2009, U.S. investors bought 21 tonnes of official gold coins, according to GFMS data. Nearly eight years later, with U.S. stocks swinging higher, sales had dwindled to less than a tenth of that.""
    If you do what the majority do then you will end up like the majority, buying high, selling low, and with little to show except a lifetime of income wasted on chasing the easy thing.
    I can tell you from bitter past experience that the worst thing you can do is to sell an investment that in your bones you know is well underpriced for a 20-30% gain and miss out on the 10-fold increase that came thereafter.
  17. Like
    vand reacted to Lowlow in Silver Stacking Regrets   
    Having aged a bit, I'd say your biggest investment regrets when you get older aren't the things you shouldn't have bought and lost money on, but the things you did buy and didn't buy enough of when you knew it was cheap.
    Some day people will look back on 17$us/oz silver and sigh ...
  18. Like
    vand reacted to Lowlow in Silver Stacking Regrets   
    I'm not saying this about silver, and not at this price, but ...
    There are times when you know in your bones that you're in the exact right place, at the exact right time, and it's important at that moment that you don't dawdle and miss the opportunity.  That's true of investments, women, and life in general.  Missed opportunities feel worse over time than mistakes.
  19. Like
    vand got a reaction from KDave in Silver Monitoring Thread £ only.   
    Or rather Sterling is back below £12/oz
  20. Like
    vand got a reaction from KDave in Silver Monitoring Thread £ only.   
    Or rather Sterling is back below £12/oz
  21. Like
    vand got a reaction from KDave in Silver Monitoring Thread £ only.   
    Or rather Sterling is back below £12/oz
  22. Like
    vand got a reaction from JCRJM in Today I bought.....   
    Taking advantage of these subdued prices and put in a slightly bigger than normal monthly purchase, added +40oz of BU added to the stack.
     
  23. Like
    vand reacted to swAgger in Gold/Silver Eagles sales are plummetting   
    Mik at AgAu runs an excellent sales report for the 3 big mints, going back to 2013;
    http://agaunews.com/comparative-bullion-sales-perth-u-s-royal-canadian-mints/
     
  24. Thanks
    vand got a reaction from StackerNoob in Gold/Silver Eagles sales are plummetting   
    This should not come as a surprise, but stackers are becoming an ever rarer breed.
    https://www.reuters.com/article/usmint-coins/sales-of-u-s-mint-american-eagle-gold-silver-coins-fall-in-march-idUSL2N1RF0MV
    https://www.reuters.com/article/us-gold-coins-usa/u-s-gold-coin-sales-slide-as-stock-markets-show-more-luster-idUSKBN1HW23Y
     
    "In the final quarter of 2009, U.S. investors bought 21 tonnes of official gold coins, according to GFMS data. Nearly eight years later, with U.S. stocks swinging higher, sales had dwindled to less than a tenth of that."
    https://in.reuters.com/article/usmint-coins/update-1-us-mint-american-eagle-gold-coin-sales-at-weakest-april-since-2007-idINL1N1S71IK
    BTW, it's very difficult to find anyone who's bothered to put together a cohesive report for all the historical sales data, which probably tells you as much as you need to know about interest in the PMs right now!
  25. Like
    vand got a reaction from Gordon in Gold/Silver Eagles sales are plummetting   
    My thoughts exactly!
    Just don't get too excited. It will take time for sentiment to swing back round the other way. Worst thing that a new stacker can do is to put too much energy and excitement into their purchasing. Just gradually accumulate what you comfortably can manage in the knowledge that it's a very smart place to park your money, and otherwise go about your daily business.