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sovereignsteve

Silver Premium Member
  • Content Count

    7,927
  • Joined

  • Days Won

    2
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    100%
  • Country

    United Kingdom

Reputation Activity

  1. Like
    sovereignsteve got a reaction from Pipers in CORBYN BREXIT SPEECH on now on BBC news Live!   
    We rarely see major infrastructure investment unless there's a government subsidy involved.
  2. Like
    sovereignsteve reacted to KDave in CORBYN BREXIT SPEECH on now on BBC news Live!   
    Its a good point, the other side of the coin is share holder pressure to extract as much from the customer as possible for as little as possible and lack of competition (certain train lines, water) - this makes private ownership just as destructive to service quality and long term function, no drive for capital re-investment or service improvements. Not sure what the solution is long term to these problems - but if a piece of national infrastructure is profitable we should own it, not let our populace be farmed with poor services to benefit foreign pensions. 
  3. Like
    sovereignsteve got a reaction from mr-dead in CORBYN BREXIT SPEECH on now on BBC news Live!   
    Nothing wrong with public ownership of utilities in my book. The trouble would be the vast expense of re-nationalisation.
  4. Like
    sovereignsteve got a reaction from Abyss in Website for comparing UK prices for gold sovereigns, britannias, etc   
    Awesome stuff @S2G
    I had a quick look when you posted the original link and it's now a vast improvement and extremely useable.
    If I ever use it when making a purchase, i will certainly send a donation and I would urge everyone else to do the same. it's only fair and the right thing to do.
     
  5. Super Like
    sovereignsteve got a reaction from 5huggy in The benefits of a LISA   
    The trouble with that argument is that it is cherry picking. The period from 2010 to today has been a very good and highly unusual period for stock prices, while being poor for property in general. The S&P has risen by about 140%. This against the backdrop of serial interference by central banks and governments to keep the bubble going. In a couple of years the S&P could easily halve or worse. Where would your proposed holding be then?
    If you'd have started in late 2007 the S&P rise would have been only around 50%. The all time increase is a little more than 10% pa.
    That time also marked the end of a very good period for UK property prices, the previous 12 years had seen a 160% rise in Uk property prices. So it is understandable you bought into the "buy propertry, you will always win" mantra.
    Nobody knows which investment vehicle you should be in at any one time, it's a gamble and emphasises why you should always spread your risk.
     
  6. Like
    sovereignsteve got a reaction from 5huggy in CORBYN BREXIT SPEECH on now on BBC news Live!   
    Nothing wrong with public ownership of utilities in my book. The trouble would be the vast expense of re-nationalisation.
  7. Like
    sovereignsteve reacted to Scuzzle in CORBYN BREXIT SPEECH on now on BBC news Live!   
    I have an open ended betting slip with £20 at 1000/1 on Farage becoming PM I put on years ago.
  8. Like
    sovereignsteve got a reaction from Roy in Website for comparing UK prices for gold sovereigns, britannias, etc   
    Awesome stuff @S2G
    I had a quick look when you posted the original link and it's now a vast improvement and extremely useable.
    If I ever use it when making a purchase, i will certainly send a donation and I would urge everyone else to do the same. it's only fair and the right thing to do.
     
  9. Super Like
    sovereignsteve got a reaction from 5huggy in Website for comparing UK prices for gold sovereigns, britannias, etc   
    Awesome stuff @S2G
    I had a quick look when you posted the original link and it's now a vast improvement and extremely useable.
    If I ever use it when making a purchase, i will certainly send a donation and I would urge everyone else to do the same. it's only fair and the right thing to do.
     
  10. Like
    sovereignsteve reacted to S2G in Website for comparing UK prices for gold sovereigns, britannias, etc   
    Quick announcement: thanks to the first contribution to the project (by a forum member!), I decided to buy a domain address for the website:
    https://goldcompare.net
    This should be a lot more memorable and easier to type!
    Since the address is brand new, it may take 24hrs or so for everyone to be able to access it (you may get some weird errors in the meantime).
    The old address ending herokuapp.com will be still around, but I can't guarantee it will work in the future, so it's best that everyone uses the new one.
  11. Like
    sovereignsteve got a reaction from motorbikez in CORBYN BREXIT SPEECH on now on BBC news Live!   
    And what's wrong with that?.........
  12. Like
    sovereignsteve reacted to 5huggy in CORBYN BREXIT SPEECH on now on BBC news Live!   
    Absolutely NOTHING STEVE ! 😉- I was just pointing out how stooooopEED  the 2 "major" parties are
    they forget about the "stealthy" tiger in waiting!
  13. Like
    sovereignsteve reacted to Shinus73 in Final Six ATB Designs   
    To those brave/foolish souls who committed to this lengthy series, the final six designs have been released.
    https://mintnewsblog.com/united-states-mint-reveals-designs-for-the-final-coins-in-the-america-the-beautiful-quarters-program/
  14. Like
    sovereignsteve got a reaction from 5huggy in Something a bit different - Backyard Veggies!!!   
    Picked these yesterday. Toms starting to ripen nicely now.

  15. Like
    sovereignsteve got a reaction from Kookaburracollector in Something a bit different - Backyard Veggies!!!   
    Picked these yesterday. Toms starting to ripen nicely now.

  16. Super Like
    sovereignsteve got a reaction from Lr103 in Something a bit different - Backyard Veggies!!!   
    Picked these yesterday. Toms starting to ripen nicely now.

  17. Haha
    sovereignsteve got a reaction from motorbikez in CUMBRIA "unofficially" RENAMED TODAY   
    I asked an old work colleague and lifetime Millom resident about the Haverigg beach last night and yes, its always been there, and still in use as far as she knows. Bit chilly on that coastline for that sort of thing, I would have thought.
  18. Sad
    sovereignsteve reacted to Sovereign in Prince Albert celebration sovereign!   
    anyone on here buying ? 
    -like for yes 
    -sad face for no 
  19. Haha
    sovereignsteve reacted to kimchi in Prince Albert celebration sovereign!   
    Well let's hope one's not shafted too
  20. Like
    sovereignsteve got a reaction from oldbottleman in It's a hard life being a dog!   
    the car is almost as messy as mine
  21. Like
    sovereignsteve got a reaction from HighlandTiger in Pep talk: don't sell your PM now   
    There can be no doubt that gold is due a serious uplift at some point. The problem is knowing when that will be.
    The recent rise could be the start of that major bull market or it could be a minor side show, soon to return to it's previous range bound existence.
    It is sufficiently different to it's recent years' behaviour to suggest that selling now is certainly a risk.
    The major problem for me is that gold is expensive in GBP terms and will fall relatively when sterling recovers.
    Myself, I'm a hold but would hesitate to recommend buying more in GBP, at the moment.
  22. Like
    sovereignsteve got a reaction from Abyss in Pep talk: don't sell your PM now   
    There can be no doubt that gold is due a serious uplift at some point. The problem is knowing when that will be.
    The recent rise could be the start of that major bull market or it could be a minor side show, soon to return to it's previous range bound existence.
    It is sufficiently different to it's recent years' behaviour to suggest that selling now is certainly a risk.
    The major problem for me is that gold is expensive in GBP terms and will fall relatively when sterling recovers.
    Myself, I'm a hold but would hesitate to recommend buying more in GBP, at the moment.
  23. Like
    sovereignsteve got a reaction from 5huggy in Pep talk: don't sell your PM now   
    There can be no doubt that gold is due a serious uplift at some point. The problem is knowing when that will be.
    The recent rise could be the start of that major bull market or it could be a minor side show, soon to return to it's previous range bound existence.
    It is sufficiently different to it's recent years' behaviour to suggest that selling now is certainly a risk.
    The major problem for me is that gold is expensive in GBP terms and will fall relatively when sterling recovers.
    Myself, I'm a hold but would hesitate to recommend buying more in GBP, at the moment.
  24. Haha
    sovereignsteve reacted to motorbikez in Public supports parliament shut down to achieve Brexit   
    @Xander I'd execute that treacherous little turd Bercow & as per Jo Brand I'm only joking😄
  25. Haha
    sovereignsteve got a reaction from 5huggy in Safes and PM storage   
    The one hidden inside the big safe