squirrel888
- 12 Jun 2013 04:58
A thread for all those who wish to discuss GOLD - the investment of and related discussions that can effect GOLD as an investment or simply how to invest in it. All welcome from other websites.

omce36
- 20 Jun 2013 08:38
- 104 of 148
"probably best to read PMK bb thread on the other site. I WAS Pmk investor. Icap got our RIE extremely cheap. We voted against. Take a look at Icaps ISDX."
Sorry but I can't be arsed to trawl through loads of conspiracy bullshit - I get enough of that on the GKP board. Please give me adetailed precis of why you think ICAP are going after AIM and how they are in it, as you claim, with the banks....
"Theres no conspiracy. Sorry to hear you're invested in Icap - their sp has suffered also. Don't be fooled by Spencer. He's a tory rat."
Oh dear oh dear, now you've your true colours. Guess you're a Guardian reader then from that statement.
I've made very good money in Icap over the years fyg.
As to your "Spencer,don't be fooled, he is a Tory rat" clearly you're a LibDem/Labour voter with biased opinions on the matter.
Having read your many of your comments on AGQ over the last two years you clearly are overwhelmed by conspiracy theories...most of which I can assure you are utterly wrong.
"The AIM destruction - a video was put out warning investors that after Pmk was lost "they" would go after AIM. Icap in cahoots with banks - I rest my case."
You haven't made a case though - so far you've just hypothesised with no factual evidence provided. Link to the video? Precis of this Pmk loss and ICap going after Aim?
You're pretty defensive so I'd deduce you know alot more.
Just realistic. And it's clear I know alot more than you with your BB conspiracy theories which are frankly laughable.
I also notice you didn't answer my question as to whether you'd be paying National Insurance still whilst working, as an expat, overseas in a low tax country. Most "Tory rats" do in fact still pay their NI(Class 3) despite not being obliged to. Seems those on the Left who hate the Conservatives so much don't have any principles!!!!!!!!
So do you pay your National insurance whilst enjoying your low tax expat life? As we all know you'll be using UK services going forward (eg NHS Tourism) despite not paying anything for the next few years....
squirrel888
- 20 Jun 2013 10:11
- 105 of 148
Omce - its a huge subject & not possible to put on this thread. Read about 2 years worth of posts on pmk to get a full understanding of what went on. Large shareholders there are STILL there & now involved with PLMO - we kept our listing & changed names.
Investigations are ongoing.
There are no conspiracies. Just facts & some very dubious characters & alot of disgruntled valid shareholders. We voted on several issues & won. However the pmk thread will fill in much of the info.
Now - this is the gold thread & you are getting a tad aggresive so if you don't mind either tone it down with me or I won't discuss anything with you, which would be a shame.
I won't be bullied or intimidated.
PS - Not that it's any of your business our NI is being paid in full by dd. We have also done our P85 forms. We have also already paid 30 years of paye in the UK. On top of that neither of us have been to hospital or abused the nhs. Nor have either of us claimed any benefits - EVER..
I don't vote. Labour/Lib/Tory - makes no difference to me. They're all in it for themselves.
Refrain from being so aggresive with me Omce. Ty.
omce36
- 20 Jun 2013 10:44
- 106 of 148
Now - this is the gold thread & you are getting a tad aggresive so if you don't mind either tone it down with me or I won't discuss anything with you, which would be a shame.
I'm sorry you believe I was being aggressive and trying to intimidate. I most certainly wasn't. Firm and factual, and avoiding any partisanship despite working in the financial services industry,at the front end,and, at one point, for a competitor or two of the IDB you complain about yes. I certainly wasn't being patronising however, unlike some of your responses but I chose not to make a point in that regard.
I won't be bullied or intimidated.
No one is trying to bully or intimidate you.I suspect however that this is a line you use with anyone who's opinions you disagree with. Frankel being a prime example. And I think you do yourself a disservice in his regard.
PS - Not that it's any of your business our NI is being paid in full by dd. We have also done our P85 forms. We have also already paid 30 years of paye in the UK. On top of that neither of us have been to hospital or abused the nhs. Nor have either of us claimed any benefits - EVER..
Well you make a big thing of Spencer being a Tory rat, and it's not unreasonable to assume that you frown on such"abuse of privilege & non adherence to one's obligations", as do many of a left wing political bent. I wanted to check because it amazing how hypocritical many self righteous Left wingers are!!!!
I don't vote. Labour/Lib/Tory - makes no difference to me. They're all in it for themselves.
I wholeheartedly agree with the above. That's why, for the last two years, I've voted UKIP - time for a change of the political establishment imo. New blood. New way of doing things. New priorities.
squirrel888
- 20 Jun 2013 10:59
- 107 of 148
Omce - you make alot of assumptions about me.
Financial background myself.
I'll say no more than that.
omce36
- 20 Jun 2013 11:25
- 108 of 148
Everyone makes assumptions Squirrel. In fact you did similar about me.
It's how we try to unravel the motivations behind people's opinion's on certain topics particularly when they reveal a certain political bent - eg Spencer,a Tory Rat. Making assumptions about Cameron's opinions of SME's etc etc.
skinny
- 20 Jun 2013 11:32
- 109 of 148
This may be of interest - the link was posted over the road -
Bernanke Slams Gold: Why The Smart Money Is Bullish
squirrel888
- 20 Jun 2013 11:55
- 110 of 148
Omce - we possibly have more in common than you might wish..
As for political slant - it's a dangerous trap - then you end up buying the same newspaper everyday then you end up with stockholme syndrome.
Ukip may get my vote but I'm a little concerned about the "racist" card - whether Nigel is playing that card for the muslim haters I don't know. It's only ever about the number of votes - ever.
I read all spectrums of info - the accepted establishment info aswell as the none msm narratives. It's good to get a wider view and then use ones own filter mechanisms. What I won't tolerate are repeatedly unfounded commentary that only seeks to do damage. Therein lays your agendas.
When you hurt me - you hurt yourself more. Sit on that phrase for just a while.
I'm an investor. I believe with a growing global population everything will become more expensive as demand rises & supplies diminish or become more difficult to source. I don't think the world will end nor do I believe we will be put through another 1930 depression - far far more people would die than did back in the 30s.
I think many equities will see higher highs, that gold & silver will go sky high. I also think at least one power house (something in the finance sector) will fail - badly.
I majoured Economics & Maths & worked in the City which as a woman was a tough call but I climbed the ladder & did 12 hour days.
I remember it was a woman who said 2008 crash would happen & I was fortunate enough to meet her through a friend. No names on here.
But also like Gaz I did woodwork & metalwork at school - made a magazine rack & a screwdriver. :-o
What should we do about the planned devaluation of the £?
What should we do about getting more affoirdable energy to every household in the UK?
Gold bounced already & now bloomers are discussing coffee!
squirrel888
- 20 Jun 2013 11:58
- 111 of 148
Skinny - good link. Shall we share it on the other site?
I posted the full article over there.
Keep it coming. We have actually bounced and the silence from the msm is......deafening.
skinny
- 20 Jun 2013 12:04
- 112 of 148
Its from a thread over there.
squirrel888
- 20 Jun 2013 12:08
- 113 of 148
ok - well done. Trying to share info on both sites - to keep it fair. It's just the links don't work over there - really annoying but it's their new policy.
Much more interesting when you can embed videos, share charts and have links to a variety of opinion.
skinny
- 20 Jun 2013 12:09
- 114 of 148
Yes - I'm sure they have their (commercial) reasons!
squirrel888
- 20 Jun 2013 12:14
- 115 of 148
Skinny - it's a shame really. Could lose posters who contribute a lot. Reasoned and intelligent commentary is much needed everywhere.
omce36
- 20 Jun 2013 12:37
- 116 of 148
Omce - we possibly have more in common than you might wish..
I'm not fussed whether you do or don't.
As for political slant - it's a dangerous trap - then you end up buying the same newspaper everyday then you end up with stockholme syndrome.
I find the best way around that problem is to not buy an paper at all :)
Tend to use Newsnow.co.uk as information source.
Ukip may get my vote but I'm a little concerned about the "racist" card - whether Nigel is playing that card for the muslim haters I don't know. It's only ever about the number of votes - ever.
Talking about Immigration and implementing proper controls isn't racist - every other nation, whether it be Canada, OZstralia, Brazil, China, Turkey have immigration controls that are policed. Quotas are set. All for simple reasons. Unfettered open doors policy is not conducive to social harmony, let alone the impact it has on housing affordability, congestion, schooling and health availability.
Methinks you've become overly concerned with both the Left's and Tory's anti UKIP propaganda.
I read all spectrums of info - the accepted establishment info as well as the none msm narratives. It's good to get a wider view and then use ones own filter mechanisms.
Including the loons at the fringes? I briefly listened to Max Keiser - he's simply so far off piste it's amazing.
What I won't tolerate are repeatedly unfounded commentary that only seeks to do damage. Therein lays your agendas.
I don't think I've made any repeated unfounded commentaries about anything....although I'd humbly suggest that you yourself do with your
"eg Spencer,a Tory Rat. Making assumptions about Cameron's opinions of SME's etc"
Have you met him? Do you know him?
When you hurt me - you hurt yourself more. Sit on that phrase for just a while.
?
I'm in investor. I believe with a groiwing global population everything will become more expensive as demand rises & supplies diminish or become more difficult to source. I don't think the world will end nor do I believe we will be put through another 1930 depression - far far more people would die than did back in the 30s.
Similarly I'm a LTBH, not one of these fly by night margin traders. And yes, I agree with an ever increasing global population the price for basic resoources amongst other things will continue to rise.
I think many equities will see higher highs, that gold & silver will go sky high. I also think at least one power house (something in the finance sector) will fail - badly.
Hmm not sure. On the plus side, continued QE will underpin low interest rates and the continual search for yield(underpin Equities somewhat). However the very thought of tapering, likely to start in December , has led to recently volatility and steep falls in those very assets one is expecting to provide yield and relative safety.
Inflation is working its way through the system and like yourself I expect it to feed through, at some point , into PM prices. Like yourself no doubt I'm amazed at God and Silver falling as low as they have despite nothing changing - national debts are huge and increasing. No way Western Europe, japan or USA can pay those off.
As to large financial institution failing -rumours of Deutsche in trouble continue unabated. just hope it isn't HSBC or JPm, otherwise we are all in dire trouble.
I majoured Economics & Maths & worked in the City which as a woman was a tough call but I climbed the ladder & did 12 hour days.I remember it was a woman who said 2008 crash would happen & I was fortunate enough to meet her through a friend. No names on here.
Was it a woman who predicted the 2008 crash? there seem to be plenty of men claiming that title - Dr Doom amongst others.
What should we do about the planned devaluation of the £?
Tough one - as all currencies are in a downward trend.Even CHF.
Will Gold and Silver be the hedge, who knows frankly.
What should we do about getting more affoirdable energy to every household in the UK?
I'd suggest getting rid of the Green tax subsidy charged directly to one's electric bills for starters. Windmills, Solar, they simply aren't efficient enough. We need to focus on increasing "Generation" capacity as a combination of ageing power stations being closed, thus impacting supply is coinciding with the country's population is growing. Not a good position to be in.
There's been too much focus on going green, taxing UK consumers and business to fund less efficient Eco friendly power generation, the result of which is a supply crisis a few years down the road. If you think prices are high now, wait till then when we are completely reliant on imports.
Gold bounced already & now bloomers are discussing coffee!
Gold down $50 to 1301.5
How many gold miners are unprofitable at this level?
Those with lowish production costs@
MML, CEY, HGM.
Like of POG,Hoths must be losing hand over fist given their B/E are 1400-1450 odd/oz
HARRYCAT
- 20 Jun 2013 12:41
- 117 of 148
Don't forget " the Group (POG) has entered into hedging arrangements to sell 96,000 ounces of gold over a period of three months ending in June 2014 at an average price of US$1,408 per ounce. This represents approximately 55% of the Group's forecast production for the period."
omce36
- 20 Jun 2013 12:44
- 118 of 148
Thanks Harry. I wasn't aware of that as I don't follow POG.
squirrel888
- 20 Jun 2013 12:59
- 119 of 148
Omce - agree with all you've written in your last post. I haven't been taken in by negative UKIP commentary - he did say something in Scotland I believe?
It was definitely a woman that called the 2008 crash :-)
On energy - was wondering about our shale reserves? Can we tap in to that - I'm thinking of when I become a pensioner myself and don't want to freeze to death :-) as our house is in the UK and I doubt we would ever sell up.
Harry - that's interesting. Could see quite a bounce in gold then? Although some are calling the 27th June as a pivotal date? Not sure why so don't shoot the messenger. I'll try to find more on that.
Omce - no need to be so harsh - you don't care whether we have anything in common or not. Try not to be so hard?
omce36
- 20 Jun 2013 13:10
- 120 of 148
Omce - agree with all you've written in your last post. I haven't been taken in by negative UKIP commentary - he did say something in Scotland I believe?
Did you see the reception he received in Scotland. Disgraceful. And mostly by subsidised students who should be studying and not protesting!!!!
It was definitely a woman that called the 2008 crash :-)
Evidence? Other than you claiming it was so. I did a google search and got Dr Doom(Roubini) amongst others. No sign of this woman.
There was this lady who predicted black monday,1987.
"While working as a stock analyst at Shearson Lehman, she became known for predicting Black Monday, the stock market crash of 1987. "
On energy - was wondering about our shale reserves? Can we tap in to that - I'm thinking of when I become a pensioner myself and don't want to freeze to death :-) as our house is in the UK and I doubt we would ever sell up.
Yep Shale is an interesting angle to pursue and,like the US, is something we should be looking into with renewed vigour.
Omce - no need to be so harsh - you don't care whether we have anything in common or not. Try not to be so hard?
Sorry - My comment was in regard to the irrelevance of "the extent to which we had something in common might be against my wishes" not whether we actually had anything in common or not :)
squirrel888
- 20 Jun 2013 13:20
- 121 of 148
Omce - ok. Can't name the woman for privacy reasons - honestly. BUT she was bullish gold - for the longer term. She was also living outside the UK at the time.
My family know quite a few of the UKIP MPs - we are listening hard. Everyone is in work so we have a total belief in making the UK a stronger better place where a work ethic is top of the list. We'll be back by election time in any case.
I'd support shale - not just by writing more about it - I'd actually make the investment with hard cash as I believe we need to do this for the greater good of the British citizens going forward.
We will be old one day! :-(
squirrel888
- 20 Jun 2013 14:46
- 122 of 148
OMCE - I've had another poster tell me to look at MML. Got the figures etc. I noted you mentioned that one. Will take a look.
omce36
- 20 Jun 2013 15:05
- 123 of 148
Making the UK a stronger better place where a work ethic is top of the list.
That's going to be tough given the prevalence of welfarism being more lucrative than getting out of bed to do an average paid job. Plus you get to lie in, avoid congested travel,and can do what you want rather than what someone else tells you to do.
Inculcating a work ethic is a necessity.
We'll be back by election time in any case.
Just in time for a Labour government and more of the above coupled to rising taxes to pay for it all!
I'll be emigrating in that event. As I did last time Labour won in 1997 only returning when it was clear Labour must surely be heading out of office.
I'd support shale - not just by writing more about it - I'd actually make the investment with hard cash as I believe we need to do this for the greater good of the British citizens going forward.
Agree. Centrica see value as well with their investment in Cuadrilla. The other shale play is IGAS. Am looking to take a nibble at some point. Own Centrica so have exposure that way.
We will be old one day! :-(
That's what everyone forgets! :)