FoolzGold

I believed Mr Wonger, sold all my gold and got stung !! 😂

Always feels like it's worth reviving this thread when gold climbs to a new high. 
As a reminder :
April 2017 - guy joined forum and asked for advice on which coins to buy. Following the excellent advice of the users here he bought:
3 x Britannia (2016, 2017)
1 x Queen's Beasts Lion
2 x Queen's Beasts Dragon
2 x Queen's Beasts Griffin
November 2018 - without asking anyone's advice he panicked and sold them at melt price (maybe £930/oz) to Atkinsons, who turned around and sold them on their site for £1300+ each.
Value today? Spot price around £1250/oz, roughly 35% above the spot price at the time he panicked. Resale value of those QBs? Probably at least 30% higher still. I'd say he'd have been looking at maybe 75% more today on those QB's than he sold them for 9 months ago.
Quote: "I'm just glad I got out of it before I lost even more."

Thanks for the answers people. I hadn't fully understood the roles of the different PGMs in catalytic convertors.

There was the "great recession". People stop buying cars, car manufacturers stop buying Rhodium.
Obviously, car manufacturers were happier in a time of less stringent regulations and cheaper expenses.
Peak Rhodium prices would undoubtedly have been a primary concern for our shadowy "Dieselgate Conspirators"
Diselgate in brief : "Somebody" wrote a computer program to lie / fool engine emission tests.
Who needed Rhodium when you've got a computer that saying "everything is fine"?
The story leaks, we learn everything wasn't fine - and car manufacturers have been unable to dodge using Rhodium ever since.
Cue bull market.
Chemistry hasn't. Platinum cannot do the job Rhodium does in a catalytic convertor.
You can't swap Platinum for Rhodium.
 

Always feels like it's worth reviving this thread when gold climbs to a new high. 
As a reminder :
April 2017 - guy joined forum and asked for advice on which coins to buy. Following the excellent advice of the users here he bought:
3 x Britannia (2016, 2017)
1 x Queen's Beasts Lion
2 x Queen's Beasts Dragon
2 x Queen's Beasts Griffin
November 2018 - without asking anyone's advice he panicked and sold them at melt price (maybe £930/oz) to Atkinsons, who turned around and sold them on their site for £1300+ each.
Value today? Spot price around £1250/oz, roughly 35% above the spot price at the time he panicked. Resale value of those QBs? Probably at least 30% higher still. I'd say he'd have been looking at maybe 75% more today on those QB's than he sold them for 9 months ago.
Quote: "I'm just glad I got out of it before I lost even more."

Perhaps not when those eggs are golden.

you are awful...........😉

Lol this thread is legendary 

Good advice, but even if you want to, who can forget The Hurd?
 

Good advice, but even if you want to, who can forget The Hurd?
 

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.

Good advice, but even if you want to, who can forget The Hurd?
 

I like the Perth Mint Australia Platypus platinum coin...

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.

Good advice, but even if you want to, who can forget The Hurd?
 

I sold £7600 worth of my stock investment portfolio last Friday that I bought two weeks ago. I got a loss off £600 and I am pretty annoyd to myself.
The stocks portfolio was supposed to be a long term investment. However I got spooked about the developments in the trade war between China and US. Now that the CFO of Huawei has been arrested the stocks can only go down. I have now decided that I will hide my money under the mattress. I can re enter the stock market but only after I have seen it go down at least 5%

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.

So that's the two dragons being sold at 14% over spot. The lion is going to go for over 20% and the 2 griffins probably more like 30%+ over spot.
 

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.