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KDave

Premium Member
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    United Kingdom

Reputation Activity

  1. Haha
    KDave reacted to MancunianStacker in Explain your Handle/Member Name   
    I’m a Mancunian and Stacker but I’m also many things so Mancunian B45TARD would have worked too 
  2. Like
    KDave reacted to JunkBond in Explain your Handle/Member Name   
    I wanted a name that gives the impression that I am financially astute and understand the world of finance.... I don't have a clue.
  3. Like
    KDave got a reaction from jultorsk in How the EU works   
    If you thought the EU was an undemocratic mess, have a listen to the stories of serving UKIP MEP's. Turns out the EU is a top down dictatorship with MEP's there at the bottom to give it the facade of democratic process. Glad we are getting out.    
  4. Haha
    KDave got a reaction from Tingles in Explain your Handle/Member Name   
    I like the name Dave. The K is to denote thousands or ounces of gold, which I don't have 
  5. Like
    KDave got a reaction from Tingles in How the EU works   
    No I don't either, but we have to play with the hand we are dealt. 
  6. Like
    KDave reacted to Kman in Explain your Handle/Member Name   
    I love Karl Pilkington 
  7. Haha
    KDave reacted to Tingles in Explain your Handle/Member Name   
    The feeling I get when I rub precious metals all over my naked body.
  8. Like
    KDave got a reaction from StackerNoob in Brexit Morons   
    Some harsh truths in this one. The best summary of the Brexit vote I have heard.
  9. Like
    KDave got a reaction from StackerNoob in Brexit Morons   
    Some harsh truths in this one. The best summary of the Brexit vote I have heard.
  10. Like
    KDave got a reaction from jultorsk in How the EU works   
    If you thought the EU was an undemocratic mess, have a listen to the stories of serving UKIP MEP's. Turns out the EU is a top down dictatorship with MEP's there at the bottom to give it the facade of democratic process. Glad we are getting out.    
  11. Like
    KDave got a reaction from jultorsk in How the EU works   
    If you thought the EU was an undemocratic mess, have a listen to the stories of serving UKIP MEP's. Turns out the EU is a top down dictatorship with MEP's there at the bottom to give it the facade of democratic process. Glad we are getting out.    
  12. Like
    KDave got a reaction from jultorsk in How the EU works   
    If you thought the EU was an undemocratic mess, have a listen to the stories of serving UKIP MEP's. Turns out the EU is a top down dictatorship with MEP's there at the bottom to give it the facade of democratic process. Glad we are getting out.    
  13. Like
    KDave got a reaction from jultorsk in How the EU works   
    If you thought the EU was an undemocratic mess, have a listen to the stories of serving UKIP MEP's. Turns out the EU is a top down dictatorship with MEP's there at the bottom to give it the facade of democratic process. Glad we are getting out.    
  14. Like
    KDave reacted to Lowlow in My plan to stack PMs   
    I disagree with some of the others - I think there definitely is a right way to do it, and it depends on your answer to the question of what exactly your goal is.  If you're in it for collecting and want to have pretty coins, like to keep them in sealed containers, admire them for their numismatic value, etc, then you're basically a collector and you can focus on coins that have resale value, have distinctive attributes, rarity, etc, focus on displaying them, and all the other things that collectors do.  If you are more of a bullion stacker, then you aren't going to care as much about that and will probably be very unwilling to pay premium over spot, so you're going to be focused more on rounds, bars, and maybe bullion coins, but even then you probably aren't going to care as much what shape they are in, what their dates are, etc, the government seal isn't as much for the collectible value as much as for a assurance of quality.  Then a third kind of silver/gold buyer is more the prepper type, anti-fiat money, etc, and they tend to like more 90% silver coins, etc, because they're often thinking in terms of what if the world goes to &^%$ and they have to use silver as an actual currency, and there are advantages for 90% U.S. silver coins (in the U.S. obviously) because they are widely recognized as being valuable, have silver in them, come in small denominations, and you don't have to pay a high premium for those small denominations.  For example, if you were to try to buy 1/10th ounce silver rounds you'd pay a bad load of premium for them because the mint has to stamp them and they are no easier to stamp than larger rounds, but 90% silver dimes were minted long ago by the U.S. government, so they ate the cost of minting them and did so in quantity, so the premium on those coins is much lower (for dimes as an example) than a comparable 1/10oz silver round.  There are other kinds of silver/gold bugs and stackers, but I think those three 1) collector, 2) stacker, 3) prepper takes care of the vast majority of people who are in precious metal bullion.
  15. Like
    KDave got a reaction from augur in How real is the possibility of hypernflation in the UK?   
    Mark Carnage is staying at the BOE until 2020 now, when he should have been swanning off home. But as much as I would be happy to see it with him in charge, hyperinflation is not likely.
    You will get plenty of heads up if that starts, the government will announce more spending it can't afford, or will begin printing to pay down the debt (listen out for more QE). Another sign is when Mark Carney will not raise interest rates when the rest of the world is raising theirs, or better yet, if he lowers interest rates and announces QE. Following the Brexit vote he did that, I expect he will do the same in March now that he is staying. Those are all good signs the £ is going in the trash faster than the others.
    The UK is and has always been in the position of power in regards to leaving the EU. There is a massive hole in EU finances when we leave, and the UK leaving without a deal is a disaster for them. I hope to see it. Most likely you will the Euro collapse rather than the pound imo. 
     
     
  16. Like
    KDave reacted to Roy in Why do you buy silver?   
    Because silver could be $5 an oz then
  17. Like
    KDave reacted to Reichpapers in Why do you buy silver?   
    I was initially attracted to those huge stacker videos.  To have a pile of treasure in front of you seemed like something I wanted.  I've been a poor saver, so my check ends up getting squandered on nonsense, or collections that sell poorly down the line.  I am not collecting for investment.  Yes, if spot increased significantly, I would be able to cash in and cover the silver and the premiums, but realistically I may well end up not getting back what I spent.  Still, it is like a savings account for me.  I will get money back in the end.  At least more than my other collections.  I'm not too worried about retirement at this point.  I retired from the US military, so I can collect at 59, and assuming Social Security is still around, I will also have that.
  18. Haha
    KDave got a reaction from Bullionaire in Why do you buy silver?   
    I buy because people on youtube tell me to. It doesn't matter what the price is doing, they just say its always cheap and now is always the time to buy. I even bought a truck to back up when they tell me to do so, which is every other day. Not sure what that has to do with silver but it sure is fun!  

    Investment of course! Diversification for my wee stack of shares, and my tiny pile of cash equivalents.
     
     
     
  19. Haha
    KDave got a reaction from Bullionaire in Why do you buy silver?   
    I buy because people on youtube tell me to. It doesn't matter what the price is doing, they just say its always cheap and now is always the time to buy. I even bought a truck to back up when they tell me to do so, which is every other day. Not sure what that has to do with silver but it sure is fun!  

    Investment of course! Diversification for my wee stack of shares, and my tiny pile of cash equivalents.
     
     
     
  20. Haha
    KDave got a reaction from Bullionaire in Why do you buy silver?   
    I buy because people on youtube tell me to. It doesn't matter what the price is doing, they just say its always cheap and now is always the time to buy. I even bought a truck to back up when they tell me to do so, which is every other day. Not sure what that has to do with silver but it sure is fun!  

    Investment of course! Diversification for my wee stack of shares, and my tiny pile of cash equivalents.
     
     
     
  21. Haha
    KDave got a reaction from Bullionaire in Why do you buy silver?   
    I buy because people on youtube tell me to. It doesn't matter what the price is doing, they just say its always cheap and now is always the time to buy. I even bought a truck to back up when they tell me to do so, which is every other day. Not sure what that has to do with silver but it sure is fun!  

    Investment of course! Diversification for my wee stack of shares, and my tiny pile of cash equivalents.
     
     
     
  22. Like
    KDave reacted to sixgun in Why do you buy silver?   
    Where is the issue? i have handled all my girlfriends - that was the fun of it.
  23. Like
    KDave reacted to sixgun in Recognising a top member   
    Strange but true - here is the photographic proof - the sovereign finally turned up. Ike (Quicksand005) had refunded me - so i sent his money back. He would have been out of pocket.
    No stealing or cheating on the silver forum.

  24. Thanks
    KDave got a reaction from kimchi in Illuminati silver   
    They are a member here, though I have not seen them comment for many years. Recently they have been calling it right price wise, in fact since the beginning they have always been a good counter to the 'to the moon' crowd. 
  25. Thanks
    KDave got a reaction from kimchi in Illuminati silver   
    They are a member here, though I have not seen them comment for many years. Recently they have been calling it right price wise, in fact since the beginning they have always been a good counter to the 'to the moon' crowd.