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vand

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  1. Like
    vand reacted to dicker in Equities going parabolic - Is the crash near?   
    Hi All
    Firstly I have to admit to being an investment banker, nearly retired and previously what some of you would know as a merchant banker.  
    Everyone has a very valid opion, and I much enjoy reading this thread because of the breadth of opinion which makes me think and consider.  
    I am a metals man, because it fits into my portfolio and I increase and decrease when I think it prudent to do so.  Markets rise and fall, but at the end of the day, I sincerely believe balance is incredibly important, and by that I mean balancing metals, equity debt instruments property  
    I do not see the sort of liquidity crisis recurring but corrections and crashes are a definite. 
    I hold equities in companies I value - In the long term this is a proven strategy for growth, and irrespective of corrections and crashes it just works.  
    As per any investment pound/dollar cost is a good way to buy assets and manage out price risk  
    All the best 
    Dicker
     
     
    Hi All
    Firstly I have to admit to being an investment banker, nearly retired and previously what some of you would know as a merchant banker.  
    Everyone has a very valid opion, and I much enjoy reading this thread because of the breadth of opinion which makes me think and consider.  
    I am a metals man, because it fits into my portfolio and I increase and decrease when I think it prudent to do so.  Markets rise and fall, but at the end of the day, I sincerely believe balance is incredibly important, and by that I mean balancing metals, equity debt instruments property  
    I do not see the sort of liquidity crisis recurring but corrections and crashes are a definite. 
    I hold equities in companies I value - In the long term this is a proven strategy for growth, and irrespective of corrections and crashes it just works.  
    As per any investment pound/dollar cost is a good way to buy assets and manage out price risk  
    All the best 
    Dicker
     
     
  2. Like
    vand reacted to RichRock in Equities going parabolic - Is the crash near?   
    Watching Deutsche Bank AG carefully, currently 10.55.  If this mother of all derivatives pops...where's the popcorn smilie?
     
    https://www.bloomberg.com/quote/DBK:GR


  3. Haha
    vand got a reaction from RichRock in Equities going parabolic - Is the crash near?   
    Yep, The PPT really earned their bread this week
     
  4. Like
    vand reacted to STONE in Why nobody bought in the 1990's ...   
    Great write up!  I often look back on older charts to see where the prices were. It also tells me that silver and PM's aren't an investment and cant be viewed as such. They are a store of wealth. They are an insurance policy. I buy it and put it away and forget about it. I stopped caring what the price is compared to the USD. The only time I mind is when I can trade useless FRN's for as much PM's as possible. I have learned to leave my emotions at the door. Its funny that silver today is the same price as it was in 1918 with adjusted inflation added in!
  5. Like
    vand got a reaction from richatthecroft in Today I bought (Non PM).....   
    Bought myself a new bike, a Pinnacle Neon 2:
    Retail  £380, but through Ride-2-Work I end up paying only £258 spread over 12 months, depriving HMRC of 32%.

     
  6. Like
    vand got a reaction from richatthecroft in Today I bought (Non PM).....   
    Bought myself a new bike, a Pinnacle Neon 2:
    Retail  £380, but through Ride-2-Work I end up paying only £258 spread over 12 months, depriving HMRC of 32%.

     
  7. Like
    vand got a reaction from richatthecroft in Today I bought (Non PM).....   
    Bought myself a new bike, a Pinnacle Neon 2:
    Retail  £380, but through Ride-2-Work I end up paying only £258 spread over 12 months, depriving HMRC of 32%.

     
  8. Like
    vand got a reaction from ST1986 in Renting out a home?   
    i think you're about 10 years too late to be getting into the BTL game.
  9. Like
    vand got a reaction from ST1986 in Renting out a home?   
    i think you're about 10 years too late to be getting into the BTL game.
  10. Like
    vand got a reaction from ST1986 in Renting out a home?   
    i think you're about 10 years too late to be getting into the BTL game.
  11. Like
    vand got a reaction from arcglide in mispriced or just rediculass?   
    Currently on GS.be:
     
    Lion: £50.63
    Griffin: £44.90
    Dragon: £32.20
    Unicorn: £29.99
    Bull: £29.64
  12. Like
    vand got a reaction from ally5727 in mispriced or just rediculass?   
    yes, the older QB coins have quite a premium now. It's think its just supply and demand. When the Lion launched, the premium was exorbitant so I avoided it, but then it seemed to crash through the floor and so I started stacking them... very glad I have a few now. According to my spreadsheet the QB series makes up 7.6% of my stack 
     
  13. Like
    vand reacted to Tn21 in When Siver goes through the roof!   
    I think an important point to mention is that if silver/gold goes through the roof (hopefully more like when) what will be the implication on the prices of goods and services. In an inflationary environment prices of goods and services could also skyrocket. Back to the topic, if silver goes through the roof I would deffinately consider selling a set %, but I would definately also consider using the silver in a barter economy if possible. 
  14. Like
    vand got a reaction from arcglide in mispriced or just rediculass?   
    Currently on GS.be:
     
    Lion: £50.63
    Griffin: £44.90
    Dragon: £32.20
    Unicorn: £29.99
    Bull: £29.64
  15. Thanks
    vand got a reaction from onlyroadtoheaven in SHTF   
    https://silverprice.org/silver-price-argentina.html
  16. Like
    vand got a reaction from KDave in Retirement...   
    Tax is tax no matter what guise it comes under or how it is dressed up. 
    I am a small government/low tax advocate in general, but I think that if you are going to have taxes they generally need to all be harmonised to the same rate. Otherwise, what happens over time is that capital always figures out what the most tax-efficient place is to park itself, so you get all sort of complex loopholes developing and a bloated, overcomplicated tax/legal system that nobody really understands, and vast resources and economic activity are devoted to this which could be better deployed elsewhere.
  17. Like
    vand got a reaction from KDave in Retirement...   
    Tax is tax no matter what guise it comes under or how it is dressed up. 
    I am a small government/low tax advocate in general, but I think that if you are going to have taxes they generally need to all be harmonised to the same rate. Otherwise, what happens over time is that capital always figures out what the most tax-efficient place is to park itself, so you get all sort of complex loopholes developing and a bloated, overcomplicated tax/legal system that nobody really understands, and vast resources and economic activity are devoted to this which could be better deployed elsewhere.
  18. Like
    vand got a reaction from KDave in Silver Monitoring Thread £ only.   
    Encouraging technical picture for SilverGBP.
    Looks like it is about to complete a basing pattern. We are just touching the 200dma, the 50dma is well behind us and beginning to turn up.
    Last time this happened was in Aug 2017, unfortunately it did not mark the start of a new uptrend back then, but maybe it will do so this time.
     
    http://schrts.co/bptvpT
  19. Like
    vand reacted to KDave in When Siver goes through the roof!   
    Looking at just the price in £ will not give you the answer. What about the price in USD (and the exchange between USD/GBP). What about the value of stocks to gold/silver, value to house prices, value to other commodities. The GSR. Lots of metrics to measure to determine when to sell - look to history to find out when to sell. Don't sell all at once, sell bits at a time, with any luck you will see on the way up and not on the way down, but you will never sell right at the top - thats like winning the lottery twice, once on your silver lottery ticket and then again in your timing lottery ticket 
    Are you buying silver as a lottery ticket? 
    Having said that, looking at the price in £ may very well give you the answer! What is a meaningful amount of pound sterling to you? Would £50 an ounce give you a meaningful amount based on your stack or not? If the answer is yes then its easy that is when you sell. Will we ever see £50 an ounce? No. (I could be wrong )
  20. Like
    vand got a reaction from kimchi in Silver Stacking Regrets   
    The future regret many will have will be that they sold their silver when the party was just getting going. Don't have £15, £18 or £20 as a short term target. I laugh when I hear people bandy about these pittances of a target. Think longer term. Silver will take out the old highs and then some when the next s**tshow rolls into town.
    Wait for the time where everyone is saying that you need to own precious metals before you even think about selling. With everything seemingly rosy, nobody cares about stacking PMs right now... https://www.reuters.com/article/us-gold-coins-usa/u-s-gold-coin-sales-slide-as-stock-markets-show-more-luster-idUSKBN1HW23Y ""In the final quarter of 2009, U.S. investors bought 21 tonnes of official gold coins, according to GFMS data. Nearly eight years later, with U.S. stocks swinging higher, sales had dwindled to less than a tenth of that.""
    If you do what the majority do then you will end up like the majority, buying high, selling low, and with little to show except a lifetime of income wasted on chasing the easy thing.
    I can tell you from bitter past experience that the worst thing you can do is to sell an investment that in your bones you know is well underpriced for a 20-30% gain and miss out on the 10-fold increase that came thereafter.
  21. Like
    vand got a reaction from Scuzzle in Silver Stacking Regrets   
    Fortunately this is an easy "regret" to correct, even moreso given the current low price. 
    Caring far too much about the pretty design on the coin, its rarity or its future numismatic prospects is a mistake that far too many "stackers" make. I personally don't stack anything pricier than a Lunar/Panda. Who cares? Its all silver.
  22. Like
    vand got a reaction from kimchi in Silver Stacking Regrets   
    The future regret many will have will be that they sold their silver when the party was just getting going. Don't have £15, £18 or £20 as a short term target. I laugh when I hear people bandy about these pittances of a target. Think longer term. Silver will take out the old highs and then some when the next s**tshow rolls into town.
    Wait for the time where everyone is saying that you need to own precious metals before you even think about selling. With everything seemingly rosy, nobody cares about stacking PMs right now... https://www.reuters.com/article/us-gold-coins-usa/u-s-gold-coin-sales-slide-as-stock-markets-show-more-luster-idUSKBN1HW23Y ""In the final quarter of 2009, U.S. investors bought 21 tonnes of official gold coins, according to GFMS data. Nearly eight years later, with U.S. stocks swinging higher, sales had dwindled to less than a tenth of that.""
    If you do what the majority do then you will end up like the majority, buying high, selling low, and with little to show except a lifetime of income wasted on chasing the easy thing.
    I can tell you from bitter past experience that the worst thing you can do is to sell an investment that in your bones you know is well underpriced for a 20-30% gain and miss out on the 10-fold increase that came thereafter.
  23. Like
    vand got a reaction from Scuzzle in Silver Stacking Regrets   
    Fortunately this is an easy "regret" to correct, even moreso given the current low price. 
    Caring far too much about the pretty design on the coin, its rarity or its future numismatic prospects is a mistake that far too many "stackers" make. I personally don't stack anything pricier than a Lunar/Panda. Who cares? Its all silver.
  24. Like
    vand got a reaction from kimchi in Silver Stacking Regrets   
    The future regret many will have will be that they sold their silver when the party was just getting going. Don't have £15, £18 or £20 as a short term target. I laugh when I hear people bandy about these pittances of a target. Think longer term. Silver will take out the old highs and then some when the next s**tshow rolls into town.
    Wait for the time where everyone is saying that you need to own precious metals before you even think about selling. With everything seemingly rosy, nobody cares about stacking PMs right now... https://www.reuters.com/article/us-gold-coins-usa/u-s-gold-coin-sales-slide-as-stock-markets-show-more-luster-idUSKBN1HW23Y ""In the final quarter of 2009, U.S. investors bought 21 tonnes of official gold coins, according to GFMS data. Nearly eight years later, with U.S. stocks swinging higher, sales had dwindled to less than a tenth of that.""
    If you do what the majority do then you will end up like the majority, buying high, selling low, and with little to show except a lifetime of income wasted on chasing the easy thing.
    I can tell you from bitter past experience that the worst thing you can do is to sell an investment that in your bones you know is well underpriced for a 20-30% gain and miss out on the 10-fold increase that came thereafter.
  25. Like
    vand reacted to Lowlow in Silver Stacking Regrets   
    Having aged a bit, I'd say your biggest investment regrets when you get older aren't the things you shouldn't have bought and lost money on, but the things you did buy and didn't buy enough of when you knew it was cheap.
    Some day people will look back on 17$us/oz silver and sigh ...