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  1. I watched this youtube vlog, it makes points solely on technical's esp Eliot wave. I have been there before, i used to use it myself and still do but only as a quick guide, its wrong that many times and open to different interpretation from the users . As for Gold the Vloger, he does not take into account major price levels or geopoliticals. For example China , Russia, Turkey, Saudi, India etc, when the price falls they woulld step in and buy more Gold. There would be even more very big buyers stepping into the market if Gold fell below $1000; this would cause a major strain in the market esp in London Physical where the real market is. The only way the vlogers prediction can come true is if the USD keeps strengthening to a point the above countries can no longer afford Gold. I do not believe the USA wants the $ that strong anyway as it would cripple its own industry, or could have the Dollar that strong.
  2. I like cash, I use it as much as possible. The reason for using cash is because :- most small independent shops like cash, I can multi buy in shops and barter with the owner. I buy from markets, car boots, craft, antiques, fairs also I go to a lot of the spring to Autumn festivals plus horse racing events Cash is always best at these events. Having cash withdrawn from our society would be a very bad decision. Removal of cash would mean forced electronic payment, who would be incharge of the transaction the banks? Do the banks get to keep the information about the private individual or is the information ringfenced? What would happen if a person is found guilty of a crime, then on release the person cannot get access to money's, IMO that person then becomes more dangerous! The poor also would be excluded from society, meaning an increase in unrest rioting etc. Getting rid of cash means banks etc will become even more powerful as the population will have no choice but to use the banking system for transactions.
  3. F-ckin hell sixgun you don,t half grill people. Anyway I am 50-50 on the ukp usd trade I have no idea how it will go!
  4. Its up to the collector obviously, but my opinion is this :- The 50p Gold set that was just released has a very low mintage only fool would send them off to NGC, the collector who got up waited eagerly paid a hefty sum for the product and has a fine set in his collection why would he slab them??? Plus the more coins the collector gets the better he will become at grading himself. I do not think i would grade a proof 50p i have 2 one from hgm and one from an auction, both have slight nicks on third side though the rest coins are spot on. I have to add i bought them cheap. This is my choice not to slab them. People can do what they want.
  5. This is true and if the people who are losing realise they will walk away from the hobby/investment. There is a difference between paying for a hobby and paying to much for what you have.
  6. At 229 thats about equivalent to £935 an Toz plus 3%
  7. I do think some are being misled over and over again with the Royal mint, slabbed etc. I believe in the main its a bad decision but thats my opinion. I will let other people make there own minds up. In my years of collecting i have bought from dealers, other traders plus experienced collectors who have vast knowledge all hold coins and are always happy to talk about coins. Its an excellent hobby that you can retain or increase your investment in real terms over years even on old coins.
  8. Quite right Paul. You have hit the the bullseye. You are doing fine then JunkBond. Coin collectors must ask themselves are THEY choosing what to buy or are they being lead. In the LONG RUN coin collecting is more enjoyable when good decisions are made. I firmly believe this if you buy Roman coins Celtic coins Islamic, Greek, coins search for old English coin eg Arch Bishop of Cantabury coins (if you are lucky), Or modern British coins or world coins. A good community of coin/stackers who are happy in the long run will last. A forum where the next big thing is jumped on may not last as long. Remember the Piper must be paid.
  9. yeah agree, lots of people buy proofs so if they get a hit 1 in 3 they win
  10. Well hes made up. He's the youngest though over 40. I'm pleased for him he has never saved before. He says he is going to try to buy 6oz a year.
  11. I come with a warning. In recent times i have been mainly a reader on this forum, I have no words of my own that can satisfy my thoughts, I really like stacking + coin collecting and sensible investing its been my hobby for many many years. I am not saying i know more than the next man or woman i do not its something i really enjoy. I will let Robert Browning say what i cannot and let you take from it what you will. The Pied Piper of Hamelin - By Robert Browning Hamelin Town's in Brunswick,By famous Hanover city;The river Weser, deep and wide,Washes its wall on the southern side;A pleasanter spot you never spied;But, when begins my ditty,Almost five hundred years ago,To see the townsfolk suffer soFrom vermin, was a pity.II.Rats!They fought the dogs and killed the cats,And bit the babies in the cradles,And ate the cheeses out of the vats,And licked the soup from the cooks' own ladles,Split open the kegs of salted sprats,Made nests inside men's Sunday hats,And even spoiled the women's chatsBy drowning their speakingWith shrieking and squeaking In fifty different sharps and flats.III.At last the people in a bodyTo the Town Hall came flocking:``'Tis clear,'' cried they, ``our Mayor's a noddy;``And as for our Corporation---shocking.``To think we buy gowns lined with ermine``For dolts that can't or won't determine``What's best to rid us of our vermin!``You hope, because you're old and obese,``To find in the furry civic robe ease?``Rouse up, sirs! Give your brains a racking``To find the remedy we're lacking,``Or, sure as fate, we'll send you packing!''At this the Mayor and CorporationQuaked with a mighty consternation.IV.An hour they sat in council,At length the Mayor broke silence: ``For a guilder I'd my ermine gown sell,``I wish I were a mile hence!``It's easy to bid one rack one's brain---``I'm sure my poor head aches again,``I've scratched it so, and all in vain.``Oh for a trap, a trap, a trap!''Just as he said this, what should hapAt the chamber door but a gentle tap?``Bless us,'' cried the Mayor, ``what's that?''(With the Corporation as he sat,Looking little though wondrous fat;Nor brighter was his eye, nor moisterThan a too-long-opened oyster,Save when at noon his paunch grew mutinousFor a plate of turtle green and glutinous)``Only a scraping of shoes on the mat?``Anything like the sound of a rat``Makes my heart go pit-a-pat!''V. ``Come in!''---the Mayor cried, looking bigger:And in did come the strangest figure!His queer long coat from heel to headWas half of yellow and half of red,And he himself was tall and thin,With sharp blue eyes, each like a pin,And light loose hair, yet swarthy skin,No tuft on cheek nor beard on chin,But lips where smiles went out and in;There was no guessing his kith and kin:And nobody could enough admireThe tall man and his quaint attire. Quoth one: ``It's as my great-grandsire,``Starting up at the Trump of Doom's tone,``Had walked this way from his painted tombstone!''VI. He advanced to the council-tableAnd, ``Please your honours,'' said he, ``I'm able,``By means of a secret charm, to draw``All creatures living beneath the sun,``That creep or swim or fly or run,``After me so as you never saw!``And I chiefly use my charm``On creatures that do people harm,``The mole and toad and newt and viper;``And people call me the Pied Piper.''(And here they noticed round his neckA scarf of red and yellow stripe,To match with his coat of the self-same cheque;And at the scarf's end hung a pipe;And his fingers, they noticed, were ever strayingAs if impatient to be playingUpon this pipe, as low it dangledOver his vesture so old-fangled.)``Yet,'' said he, ``poor piper as I am,``In Tartary I freed the Cham,``Last June, from his huge swarms of gnats;``I eased in Asia the Nizam``Of a monstrous brood of vampyre-bats:``And as for what your brain bewilders `If I can rid your town of rats``Will you give me a thousand guilders?''``One? fifty thousand!''---was the exclamationOf the astonished Mayor and Corporation.VII.Into the street the Piper stept,Smiling first a little smile,As if he knew what magic sleptIn his quiet pipe the while;Then, like a musical adept,To blow the pipe his lips he wrinkled,And green and blue his sharp eyes twinkled,Like a candle-flame where salt is sprinkled;And ere three shrill notes the pipe uttered,You heard as if an army muttered;And the muttering grew to a grumbling;And the grumbling grew to a mighty rumbling;And out of the houses the rats came tumbling.Great rats, small rats, lean rats, brawny rats,Brown rats, black rats, grey rats, tawny rats,Grave old plodders, gay young friskers,Fathers, mothers, uncles, cousins, Cocking tails and pricking whiskers,Families by tens and dozens,Brothers, sisters, husbands, wives---Followed the Piper for their lives.From street to street he piped advancing,And step for step they followed dancing,Until they came to the river Weser,Wherein all plunged and perished!---Save one who, stout as Julius Csar,Swam across and lived to carry(As he, the manuscript he cherished)To Rat-land home his commentary:Which was, ``At the first shrill notes of the pipe,``I heard a sound as of scraping tripe,``And putting apples, wondrous ripe,``Into a cider-press's gripe:``And a moving away of pickle-tub-boards,``And a leaving ajar of conserve-cupboards,``And a drawing the corks of train-oil-flasks,``And a breaking the hoops of butter-casks:``And it seemed as if a voice``(Sweeter far than b harp or b psaltery``Is breathed) called out, `Oh rats, rejoice! `` `The world is grown to one vast drysaltery!`` `So munch on, crunch on, take your nuncheon,`` `Breakfast, supper, dinner, luncheon!'``And just as a bulky sugar-puncheon,``All ready staved, like a great sun shone``Glorious scarce an inch before me, ``Just as methought it said, `Come, bore me!'``---I found the Weser rolling o'er me.''VIII.You should have heard the Hamelin peopleringing the bells till they rocked the steeple. ``Go,'' cried the Mayor, ``and get long poles,``Poke out the nests and block up the holes!``Consult with carpenters and builders,``And leave in our town not even a trace``Of the rats!''---when suddenly, up the faceOf the Piper perked in the market-place,With a, ``First, if you please, my thousand guilders!''IX. A thousand guilders! The Mayor looked blue;So did the Corporation too.For council dinners made rare havocWith Claret, Moselle, Vin-de-Grave, Hock;And half the money would replenishTheir cellar's biggest butt with Rhenish. To pay this sum to a wandering fellowWith a gipsy coat of red and yellow!``Beside,'' quoth the Mayor with a knowing wink,``Our business was done at the river's brink;``We saw with our eyes the vermin sink,``And what's dead can't come to life, I think.``So, friend, we're not the folks to shrink``From the duty of giving you something for drink,``And a matter of money to put in your poke;``But as for the guilders, what we spoke``Of them, as you very well know, was in joke.``Beside, our losses have made us thrifty.``A thousand guilders! Come, take fifty!''X.The Piper's face fell, and he cried``No trifling! I can't wait, beside!``I've promised to visit by dinnertime``Bagdat, and accept the prime``Of the Head-Cook's pottage, all he's rich in,``For having left, in the Caliph's kitchen,``Of a nest of scorpions no survivor:``With him I proved no bargain-driver,``With you, don't think I'll bate a stiver!``And folks who put me in a passion``May find me pipe after another fashion.''XI.``How?'' cried the Mayor, ``d'ye think I brook``Being worse treated than a Cook?``Insulted by a lazy ribald``With idle pipe and vesture piebald?``You threaten us, fellow? Do your worst,``Blow your pipe there till you burst!''XII.Once more he stept into the streetAnd to his lips againLaid his long pipe of smooth straight cane;And ere he blew three notes (such sweetSoft notes as yet musician's cunningNever gave the enraptured air)There was a rustling that seemed like a bustlingOf merry crowds justling at pitching and hustling,Small feet were pattering, wooden shoes clattering,Little hands clapping and little tongues chattering,And, like fowls in a farm-yard when barley is scattering,Out came the children running.All the little boys and girls,With rosy cheeks and flaxen curls,And sparkling eyes and teeth like pearls,Tripping and skipping, ran merrily afterThe wonderful music with shouting and laughter.XIII.The Mayor was dumb, and the Council stoodAs if they were changed into blocks of wood,Unable to move a step, or cryTo the children merrily skipping by,---Could only follow with the eyeThat joyous crowd at the Piper's back.But how the Mayor was on the rack,And the wretched Council's bosoms beat,As the Piper turned from the High StreetTo where the Weser rolled its watersRight in the way of their sons and daughters!However be turned from South to West,And to Koppelberg Hill his steps addressed,And after him the children pressed;Great was the joy in every breast.``He never can cross that mighty top!``He's forced to let the piping drop,``And we shall see our children stop!''When, lo, as they reached the mountain-side,A wondrous portal opened wide,As if a cavern was suddenly hollowed;And the Piper advanced and the children followed,And when all were in to the very last,The door in the mountain-side shut fast.Did I say, all? No! One was lame,And could not dance the whole of the way;And in after years, if you would blameHis sadness, he was used to say,---``It's dull in our town since my playmates left!``I can't forget that I'm bereft``Of all the pleasant sights they see,``Which the Piper also promised me.``For he led us, he said, to a joyous land,``Joining the town and just at hand,``Where waters gushed and fruit-trees grew``And flowers put forth a fairer hue,``And everything was strange and new;``The sparrows were brighter than peacocks here,``And their dogs outran our fallow deer,``And honey-bees had lost their stings,``And horses were born with eagles' wings:``And just as I became assured``My lame foot would be speedily cured,``The music stopped and I stood still,``And found myself outside the hill,``Left alone against my will,To go now limping as before,``And never hear of that country more!''XIV.Alas, alas for Hamelin!There came into many a burgher's pateA text which says that heaven's gateOpes to the rich at as easy rateAs the needle's eye takes a camel in!The mayor sent East, West, North and South,To offer the Piper, by word of mouth,Wherever it was men's lot to find him,Silver and gold to his heart's content,If he'd only return the way he went,And bring the children behind him.But when they saw 'twas a lost endeavour,And Piper and dancers were gone for ever,They made a decree that lawyers neverShould think their records dated dulyIf, after the day of the month and year,These words did not as well appear, ``And so long after what happened here``On the Twenty-second of July,``Thirteen hundred and seventy-six:''And the better in memory to fixThe place of the children's last retreat,They called it, the Pied Piper's Street---Where any one playing on pipe or taborWas sure for the future to lose his labour.Nor suffered they hostelry or tavernTo shock with mirth a street so solemn;But opposite the place of the cavernThey wrote the story on a column,And on the great church-window paintedThe same, to make the world acquaintedHow their children were stolen away,And there it stands to this very day.And I must not omit to sayThat in Transylvania there's a tribeOf alien people who ascribeThe outlandish ways and dressOn which their neighbours lay such stress,To their fathers and mothers having risenOut of some subterraneous prison Into which they were trepannedLong time ago in a mighty bandOut of Hamelin town in Brunswick land,But how or why, they don't understand.XV.So, Willy, let me and you be wipersOf scores out with all men---especially pipers!And, whether they pipe us free from rats or from mice,If we've promised them aught, let us keep our promise! Robert Browning