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AuricGoldfinger

Silver Premium Member
  • Posts

    1,798
  • Joined

  • Last visited

  • Days Won

    3
  • Trading Feedback

    100%
  • Country

    United Kingdom

Everything posted by AuricGoldfinger

  1. Shares are down, golds up. Im not all in on anything and I know with Gold around an ATH it’s the current favourite but realistically diversification is the key. My shares have took a hit, my gold is offsetting that hit and doing it’s job and the portfolio stays balanced, we are in a time where just not losing your shirt is a start. When the rubble clears that’s when there can be a fortune to be made but we are a way off that yet. At the moment i think we have the perfect storm for gold to go up further and other asset classes to fall further. Doesn’t mean one should liquidate one for the other, just hold tight and keep moving in the right direction. Taking profits is never a bad thing either though especially when something is the highest price in history, all depends on where that money goes. The price of gold never has and never will go up in a straight line and daily or even weekly predictions are pointless (yet entertaining at least). I don’t think it’s over yet, and as many say in a year, 2 years, 5 years time will £20 above or below the current spot price really matter? Prediction for the week? It will definitely go up or down, that I’m positive about!
  2. He’s not….when he does, sounds like there will be some deals on the forum!
  3. £1635. Chump change. £1800 on Monday 🤪
  4. i think when bearish gold can and will drop more than £150 an oz. however for the shortish term of gold hits £1500 im backing up the truck
  5. Selling up? I don’t blame you if you’ve had enough! What tipped you over the edge or is your gold stack worth so much now to hell with property?
  6. Good luck! Buying at current prices?
  7. TAX is my enemy here. Not saying I don’t want to earn more given the opportunity but I’ve been getting taxed through my eyeballs so getting rid of my mortgage is a fair few thousand a year I can keep in my company or at least be more tax efficient with - most likely will make pension contributions with the money to further reduce my tax liability. All for the maths but i think the feeling of being mortgage free will also be very satisfying in the current climate.
  8. Waiting for a dip on the gold part of course! Ahhh now the support from memebers makes sense. “Sell sell sell!”
  9. Hmm hadnt really thought about it like that. Think half from each at least i still have a bit in both. Plus i wont have to touch the invested part of my ISA which is currently down £5k 🙄 and also cant put any more money in my isa than i already do so I can’t actually replace that money like @Mtaybar said i can start buying back straight away with no limits on the gold
  10. Im torn as to whether i want to sell half my stack half my ISA and pay off my mortgage. Hard to let go though as it can always go up!
  11. “Buy the dip short the vix f*ck bitcoin!” for anyone wondering it’s a quote from a series called Industry
  12. Reading an article on FT about russians buying more gold. Found it interesting until i read the last paragraph 🤦‍♂️ Storing gold is another issue because many people store gold at home. Every scratch can reduce the value of a gold bar, said Smirnova, the financial consultant. “Not everyone understands they cannot keep bars in a shoebox.”
  13. 10 Memorial Sovs. They look great in the flesh only shame is the modern colour. I’ll never understand why the mint chooses a colour that everyone hates.
  14. That 500g pamp is a beauty please show them all lol
  15. That’s actually not bad. The junk mail has stopped from the last lot. Hmmmm
  16. Id rather pay the price of 500 quarter sovereigns and receive 5000 full sovereigns. Is this a service you offer? please? pretty please?
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