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KDave

Silver Premium Member
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Reputation Activity

  1. Thanks
    KDave got a reaction from BackyardBullion in BASHING on the forum   
    @cravethatcoin Ah I thought you had been banned here and could see not reason as to why, it looked a bit like thin skin syndrome unless there is more to it, but I think now that BYB means you are banned from commenting on his channel? Fair enough its his channel. 
    There are potential downsides yes, I have also said there are risks in the past but as I see them the risks are primarily to BYB. Perhaps I worded it differently but I pointed it out in the beginning on his thread and then I joined the order . BYB is choosing to provide a service, he is knowingly carrying the risk and reaps the reward - others who chose to take his offer agree to terms and take a risk as well but no one will escape unscathed if things go wrong. But a disaster is waiting to happen every time you get out of bed, cross a road, ect. It is perspective, BYB and the people joining are willing to risk it.  
    It is all laid out in the group order threads, the risks are clearly laid out. The rewards are obvious, you list them. People take the punt on balance of the two. 
  2. Thanks
    KDave got a reaction from BackyardBullion in BASHING on the forum   
    @cravethatcoin Ah I thought you had been banned here and could see not reason as to why, it looked a bit like thin skin syndrome unless there is more to it, but I think now that BYB means you are banned from commenting on his channel? Fair enough its his channel. 
    There are potential downsides yes, I have also said there are risks in the past but as I see them the risks are primarily to BYB. Perhaps I worded it differently but I pointed it out in the beginning on his thread and then I joined the order . BYB is choosing to provide a service, he is knowingly carrying the risk and reaps the reward - others who chose to take his offer agree to terms and take a risk as well but no one will escape unscathed if things go wrong. But a disaster is waiting to happen every time you get out of bed, cross a road, ect. It is perspective, BYB and the people joining are willing to risk it.  
    It is all laid out in the group order threads, the risks are clearly laid out. The rewards are obvious, you list them. People take the punt on balance of the two. 
  3. Like
    KDave reacted to vand in Wealth Tax   
    My preferred vehicle is my company salary sacrifice pension scheme, which I intend to fully take advantage of in the upcoming tax year. Also likely to start a SIPP and throw money into that. Between them both I will max out the 40k limit, and then I will also try putting as much as I can into a s&s ISA.
    This may sound obvious, but worth pointing out that by saving more and spending less you are also avoiding paying a large chunk of your income to indirect taxation!
  4. Haha
    KDave got a reaction from sovereignsteve in car damage from pothole   
    If someone has reported pothole before, claim on it. If no one has reported it, get neighbour to report it, then report damage to your car the next day and claim on it. 👍
  5. Like
    KDave got a reaction from Abyss in Who Do You Rate as Best for Explaining Gold Trends ?   
  6. Like
    KDave reacted to Scuzzle in Who Do You Rate as Best for Explaining Gold Trends ?   
    I think you have to simply look upon gold as a long term hold and as insurance against paper ponzi running into trouble, the control structure doesn't want gold competing with their paper currencies so it will never be allowed to break out - if possible.
    In 1970 gold was £16 by 1980 it was £240, in 2000 it was still round £240 but a decade later it was over £1000,  Now I look at this and think - I wish I owned some gold bought at £16 before it went to £240 and I wish I owned some gold bought at £240 before it went to £1000.  Well now I do own some gold and I won't have to look back with wishful thinking or regret in hindsight if something similar happens again and there is every likelyhood as the world is awash with debt like never before.
  7. Thanks
    KDave got a reaction from BackyardBullion in BASHING on the forum   
    @cravethatcoin Ah I thought you had been banned here and could see not reason as to why, it looked a bit like thin skin syndrome unless there is more to it, but I think now that BYB means you are banned from commenting on his channel? Fair enough its his channel. 
    There are potential downsides yes, I have also said there are risks in the past but as I see them the risks are primarily to BYB. Perhaps I worded it differently but I pointed it out in the beginning on his thread and then I joined the order . BYB is choosing to provide a service, he is knowingly carrying the risk and reaps the reward - others who chose to take his offer agree to terms and take a risk as well but no one will escape unscathed if things go wrong. But a disaster is waiting to happen every time you get out of bed, cross a road, ect. It is perspective, BYB and the people joining are willing to risk it.  
    It is all laid out in the group order threads, the risks are clearly laid out. The rewards are obvious, you list them. People take the punt on balance of the two. 
  8. Thanks
    KDave reacted to Toddie in Who Do You Rate as Best for Explaining Gold Trends ?   
    It's almost as if they have a vested interest in gold...
  9. Like
    KDave reacted to BackyardBullion in BASHING on the forum   
    @cravethatcoin
    10,000 + oz of silver delivered as part of the group orders in the last 18 months. 
    Nobody is out of pocket
    Funny that that does not factor into your risk assessment anywhere
    Nor does the thoughts and opinions of countless others.
     
  10. Like
    KDave reacted to mr-dead in BASHING on the forum   
    I wouldn't consider myself a "drone" as you put it and to date I haven't used the group buy service.
    In my opinion it can be a bit of a pain making payments to foreign companies, banks charge an excessive fee and other payment services can be less than user friendly.
    I dont see issue with BB doing unboxing videos, it helps promote this forum and compensates him for his time and effort pulling it all together at nill cost to those that participate.
     
    There is obviously a demand for the service as the order values keep growing and to date those that participate are all happy and thats what counts.
  11. Thanks
    KDave reacted to cravethatcoin in BASHING on the forum   
    BYB I understand you stand behind what you're doing and the community does too but I am free to share my opinion. If you can't handle that it's down to you.
    Which points did I raise that were not accurate? None
    - people send him money for silver plus shipping so he can order on their behalf to his house. Take videos of the silver then he will charge them again for shipping to send it to their house - Check
    - He claims this is a great service as it's cheaper (yet there is no bulk discount from European Mint), he also makes it out to be easier as you don't have to deal with the "hard" process of ordering from Europe. - Check
    - I did the maths on the group order and it ends up being slightly cheaper doing the group order than ordering directly but with many negatives that come with it. He has a "deal" with the European Mint yet they refuse to offer bulk discounts for the order as a whole and treat everyone's order as separate. If everyone on the order benefited from a bulk discount on the total order I would give it more credit as then there would actually be a reason for ordering that way. - Check
    - His group ordering is a disaster waiting to happen and if you raise any negative points about it on the forum like I did you will get swarmed on by his drone members. - Double Check ^
    I admitted that I was wrong on about 3-4 points I raised about your service (believing you used email to communicate for example) from a list but as I mentioned at the time the only benefit of your service is slightly cheaper pricing per order (a few £). You say here that I admitted I underestimated the situation. No I admitted that I was wrong on "some" concerns I had with your group order. I pulled out of the back and forth because it was a waist of my time and your time. I said I was wrong on your agent situation which I was.
    I stand by my belief that your group order service is putting everyone at risk for the sake of 1 benefit. Which is saving each customer a few £. It is my view that the trade off of saving a few £ compared to the negatives is a poor deal. Clearly no one else agrees as your service is popular. I don't care if people use it or not but I was not going to look at something I have concerns with and not raise them. You obviously believe that there is no negatives to the service you're providing which is fine but i don't agree and will share my opinion as this is a public forum.
    -------------
    Once again the drones are in full force. I find it funny how many assumptions people are making about me. The facts are that i have been involved with stacking for longer than most of the people who are commenting and calling me a "child". But quite frankly it doesn't matter. I have raised my concerns and I am free to do so. I don't care what anyone thinks of me or if you disagree with my points.
    @ HawkHybrid &  @KDave - I raised my negatives on the original communication between BYB and myself on the group order thread. I did not list them on the Youtube comment as I was refering to them.
     
  12. Like
    KDave got a reaction from Oldun in Brexit status ...   
    Politicians are arguably just a reflection of the voters. Maybe not the case with ours as most appear to be remainers of some degree. But if politicians are lying, it's because people don't want to hear truth (or they vote out people who give them the bad news). If politicians are cowards, it because the majority of voters are cowards. Comes back to who has the right to vote, if you had to earn a vote you would get a different caliber reflected in the politicians elected, different values, strengths, ect. 
  13. Like
    KDave got a reaction from caloundracats in Brexit status ...   
    An example of the principle - why the left want 16 year olds to vote. The young hold majority left values and views, because they have been looked after for their entire lives up to that point. For the most part. Not all of course, but the majority. 
    Also why remainers want the young to have a say. No coincidences. The left understand this concept very well. 
  14. Like
    KDave reacted to Oldun in Brexit status ...   
    The irony is that Blair opened the gates to immigrants in the full knowledge, later revealed, that new immigrants always, and totally understandably,  vote left for free stuff (thereby ensuring Blair for his subsequent terms the selfish prick, whilst sending our lads to their deaths under bs premises...at least have the dignity to say we don't give a bad and want the oil).....and vote left for hospital care, housing etc etc to be able to establish themselves... fair do, never look a gift horse in the mouth.......The irony is that that their kids and ensuing grandkids etc actually vote right and anti immigrant as they also then have something to “lose" in the way of housing, jobs, higher taxes, inheritance etc etc as a result of the later incoming immigrants...funny huh ?
    Human beings are so predictable.
  15. Like
    KDave got a reaction from Oldun in Brexit status ...   
    Politicians are arguably just a reflection of the voters. Maybe not the case with ours as most appear to be remainers of some degree. But if politicians are lying, it's because people don't want to hear truth (or they vote out people who give them the bad news). If politicians are cowards, it because the majority of voters are cowards. Comes back to who has the right to vote, if you had to earn a vote you would get a different caliber reflected in the politicians elected, different values, strengths, ect. 
  16. Like
    KDave reacted to Oldun in Brexit status ...   
    I am looking forward to a simple no deal, thereby peeing off the NI lot who think they can play silly buggers with the voting process in parliament (May was a total twat for calling an election last year and causing this issue) and  then leave the (to all intents and purposes) coalition with ultimately irrelevant NI politicians, with the Conservatives thereby forced to call an election (hopefully May departs anyway causing an election). May departs, and  noone in their right mind votes for Corbyn and we get a third party candidate that tells the truth that we will have a terrible time in the next decade because it is baked in by the global financial crisis pummeling down the lane at us and watch from the relatively speaking sidelines as the EU disintegrates thinking great we dodged a bullet (the EU as an extra weight dragging us down would have been sheer madness and including the fact that we dont want their intractable dictates and laws dictated to us by unelected officials) and off we go into our own (bad enough without the rest of it) reset under our own laws, for better or worse.
     
    How hard is that to understand  and why are all politicians at all levels such cowards that they cant speak the truth ?
    https://m.youtube.com/watch?v=iMewtlmkV6c
  17. Super Like
    KDave got a reaction from BackyardBullion in BASHING on the forum   
    He says there are negatives but didn't list them. He says you help people, make it easier for folk and it's cheaper to join the group order. Sounds like an endorsement. 
    He said he would even give more credit in a certain circumstance but he's been banned 
    Oh dear. 
  18. Like
    KDave reacted to Pete in Wealth Tax   
    What I am not comfortable with are the huge sums paid to look after other people's children especially the mothers who have a litter, often from different fathers who don't give a toss.
    I wonder what the taxpayers' bill will be for lawyers and bureaucrats, housing benefits etc, repatriating the London girl who joined ISIS, currently in the news, and her child ( about to be delivered ) claiming she has the right to return to the UK. I thought this was a one way ticket with citizenship stripped ? 
    This is not necessarily the only case.
    A local councillor told me recently that placing a child into care due to, for example, heroin addicted parents incurs a legal fee of £60,000 per child.
    If that's true then no wonder our taxes are so high and we still overspend, whilst lawyers, consultants, bankers and financial thieves take the cream.
    The wealthier folks ( sic Richard Branson ) hide on their caribbean islands and will have tax avoidance schemes in place that we mortals cannot even understand.
    When I visited Grand Cayman a couple of years ago, all I saw was a strip of sand and a few office buildings - yet this is supposedly the headquarters of some of our biggest corporations.
    I think I spotted a small brick building that had dozens of metal plates screwed on the outside listing all the Companies that were there but no cars in the small car park.
    Then there is inheritance tax - how much will Price Charles pay on his death ?
    I will start the bidding at zero.
  19. Like
    KDave reacted to Martlet in Wealth Tax   
    There's far more to markets than selling at lowest price or high quality.  Convenience, tastes, reputation, so on have surprising large influence on buying behaviour.  A few round here know about this, collectors are not buying the lowest price or highest quality.  In some key areas there is no benefit from competition, or it is undesirable (law enforcement, water, roads for example). I dont advocate large state, far from it, I accept there a place for taxation in funding services (upto a point), see it as another form of investment. 
    In most countries when you dont pay taxes you face fines and imprisonment. Is it neither arbitrary or cruel, its enforcement of law we have chosen to support for decades.  It can be excessive, even punitive, but it isn't tyrannical.  Yes i'm being literal, its hyperbolic term and misuse devalues its use where governments are truly oppressive, such as those low tax Islamic states noted earlier. 
  20. Like
    KDave reacted to vand in Wealth Tax   
    TBH I tire of continual debate of who looks after who, who pays for stuff, who is entitled to stuff, and what is the net result.
    The long-form answer to nearly all these sort of questions can be found in this series. It was made by Milton Friedman in 1980. In the first episode he cites Kong Kong as the sort of economy that most countries should strive to be more like. Was that prophetic or what? Look at how HK has prospered from a fishing village to a international businesss center in the 39 year since the programme was made because of these ideas that he espoused. Look at how countries like Zimbabwe and Venezuela have collapsed under socialist ideals over the same time. If you go back 40 years, Zim & Venezuela were the rich countries on the back of their natural resources.
     
     
     
  21. Like
    KDave got a reaction from vand in Wealth Tax   
    If you won't even read my posts how can we have a conversation? No where did I say any of those things. I do not disagree with charity - the opposite is true as per my posts on the lines of - government should step aside for charity. I also didn't call for throwing people on the streets to die without access to anything, where did you read that?  What do you think I am a tyrant? People are free to make the market, I would not stop a doctor providing service to someone for free if he wanted, or indeed refuse to do so for lack of payment. Why do governments need to make the market when people are able and willing to do so for the right compensation? Your view is to take from people without compensation, aka theft - and give it to someone you deem in need. Would you force a man with a skill to work without compensation because someone else was in need? You would have us as slaves. 
    Why not entertain an idea rather than trying to persuade me that you are right and I am wrong. I was about to reiterate my points to avoid more accusations and confusion but its all in my other posts.
  22. Haha
    KDave got a reaction from vand in Platinum - who's buying?   
    Yes Palladium people need to be transferring some from that metal into platinum imho, but as you say who really knows. I have 10% in platinum now and will go upto 20% if prices fall further, and also if I can get hold of it low premium after Brexit. 
    Anyway, I have bought a couple more 1 oz platinum brits this week -That should help push the price downwards for you all  $650 here we come 
  23. Haha
    KDave got a reaction from sovereignsteve in car damage from pothole   
    If someone has reported pothole before, claim on it. If no one has reported it, get neighbour to report it, then report damage to your car the next day and claim on it. 👍
  24. Like
    KDave reacted to Uksilverstackers in car damage from pothole   
    Its cheaper for councils to pay compensation than it is to repair the holes!! 
    Absolutely appalling state of the roads where I live, seen better quality roads in third world countries.
    Where does the revenue from Vehicle Tax actually go, other than building "smart motorways".....
  25. Like
    KDave reacted to vand in Budgeting challenge - minimising expenses   
    Bookie basher. Advantage player. Sharp. Arber. "Professional" gambler. You won't find it listed under the careers guidance path in the library, but don't believe everything you read - there is certainly a way to make money from bookies if you know what you are doing.
     I acutally got started under advice from TSF a few years back.. and have basically picked it up and run with it, and got very good at it.. see this thread 
     
    Pay particular close attention to when I talk about each way bets. If you really "get it" then you will understand how powerful and +EV the humble each-way bet can be in the right circumstances
    I give an example here--
    I do also have a couple of other techniques which I keep up my, sleeve, but I don't share them with anyone.. sorry