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That pound in your pocket

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    That pound in your pocket

    Gold in pounds hits record, debt crisis deepens | Reuters


    Not worth much is it?

    #2
    The jobbing builders who powered through the recession doing driveways and extensions are going bust left right and centre around our way.

    I'll keep an eye Portbury docks on my commute, new car acreage is a good an indicator as any.
    Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

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      #3
      It has been another big day at the office for gold, shooting up to £31400/kg, and way past silly.

      There's some of you lot happy with 0.5% above made-up-inflation rates over 5 years, when Sterling debases that much in a few hours.

      Judging from the rate of the climb of gold, it does seem that something is still very amiss and is not going to end well, either Sterling (or other fiat) or gold.

      Comment


        #4
        while stocks and commodities fell and US Treasury bonds gained after the president of the European Council called a crisis meeting to discuss Italy's sovereign debt.
        Gold Price Sets New Euro, Sterling Records as Emergency Euro Meeting Considers "Unsustainable" Italy | Gold News
        Ah, Italy now. Not heard a lot out of them.

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          #5
          shiny shiny shiny

          Milan.

          Comment


            #6
            krugers are making big £££ on ebay

            Milan.

            Comment


              #7
              and....


              wait until the herd pile in

              Milan.

              Comment


                #8
                Originally posted by milanbenes View Post
                and....


                wait until the herd pile in

                Milan.
                Milan, stop trying to insinuate you're some sort of investment guru.
                If there was a herd you'd be right at the back, at the smelly arse end, throwing yourself off the cliff like the lemming you are.
                Hard Brexit now!
                #prayfornodeal

                Comment


                  #9
                  I take it you missed the first price leaps then Sas and are stuck on the side wondering what to do

                  Milan.

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                    #10
                    Originally posted by milanbenes View Post
                    I take it you missed the first price leaps then Sas and are stuck on the side wondering what to do

                    Milan.
                    No, my strategy is more long term.
                    The rise in gold etc etc is a symptom not a cause. My investment strategy has always been based on the fundamentals i.e. the cause.

                    HTH but IDI.
                    Hard Brexit now!
                    #prayfornodeal

                    Comment

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