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Pipers

Recommended reading for everyone on this forum

334 posts in this topic

I'm Back !! :)

James Turk founder of GoldMoney hosts a round table discussion about Gold in 2016 with GoldMoney Head of Research Alasdair Macleod and Head of Wealth Services John Butler. 

Edited by Paul
Pipers likes this

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wont be for everyones liking here - but more pessimism porn above from youtube experts for the 'end is nigh' crowd here like myself 

Edited by Paul

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http://www.bbc.co.uk/news/business-35373365

Draghi's quote says it all really, it should send a chill down the collective spine.

"We have the power, willingness and determination to act. There are no limits how far we are willing to deploy our policy instruments," Mr Draghi said.

i would say it is almost certain that negative interest rates are on the way. As the article highlights, banks themselves are given negative rates to park their funds with the ECB overnight

their policies may stand a chance of working if it were not for the fact that every other central bank on the globe is doing the same as they/we are. Begger thy neighbour, a race to the bottom, here we go again!

 

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How do people put up with all these people....Draghi, Lagarde Juncker etc etc.....they were never elected by the people in a common vote and yet rule over all of Europe it seems....what on earth is happening over there.....ironic that the cradle of democracy, Greece was the first to suffer as a result ?

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31 minutes ago, Oldun said:

How do people put up with all these people....Draghi, Lagarde Juncker etc etc.....they were never elected by the people in a common vote and yet rule over all of Europe it seems....what on earth is happening over there.....ironic that the cradle of democracy, Greece was the first to suffer as a result ?

well there's a growing body of opinon that wants us to leave the EU, and a well argued proposal that we ought to abolish the BoE, or certainly take away any political influence it currently possesses.

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The Wall Street broker is an arrogant a***, even if you don't agree with Schiff, at least he has some grace about him. 

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These "sensationalistic" articles really are appalling; they can't even get a grasp on basic arithmetic.

"The firm has sold 4,000 gold bars and coins since February 1, a 40pc rise on the same period a year ago when it sold 1,500" (sic)

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http://www.bbc.co.uk/news/business-35668277

just what the banksters are banking on. I think scuzzle and others have made the point well previously that it is being subtly and systematically worked on. Not only are they hoping the younger generation will be used to no cash in the years to come, it appears to be working for most people. Even my Mum and her husband who are in their 70's and 80's have embraced the ease of this system.  

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14 minutes ago, HelpingHands said:

How close do you have to get for contactless to work?

If I put a hand held debit machine near somebody's pocket could I steal a sale?

 You need to be pretty close but that is easily done in a busy train/tube.... or just walk past some one and swipe the reader.

I have found more info about that ... and will about to post links on here too but my computer is a bit moody and is loading slow etc.

Google search or youtube "Contactless pick-pocketing" or "Contactless theft"

I've also recently watched a Dutch consumer watchdog vid where they tested  the contactless cards and also managed to get over the cap... there doesn't seem to be a cap.

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15 minutes ago, HelpingHands said:

I might have to take the tinfoil off my head and put it in my pocket.

Yep, put some tinfoil in your wallet and then try and use a contactless point of sales (card reader).  If it doesn't work

you are safe. Failing that, buy a metal card holder. I personally would prefer the former option as I like my wallet.

KDave likes this

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