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.

squirrel888
- 15 Jun 2013 12:40
- 61 of 148
Welcome flyingswan,
Gold and silver stepped up this weekend....quite a few are calling it for higher prices from here.
As is often the case with conflicts that now involve America and Russia - there will be a flight to PMs.
It's dirty but highly lucrative.
gazkaz
- 15 Jun 2013 23:53
- 62 of 148
The Beck - sytem bring down - disclosure
- not come accross the final....output..
- but
- I think it will be "his" ....interview.... with this guy & what he has to say re this......
http://www.hagmannandhagmann.com/1/post/2013/06/glenn-beck-discusses-dhs-insider-its-about-to-get-ugly.html
ie - Becks - pre teaser - coverage of this article........Becks audio at the top
- transcript - beneath
...........................................................................................................
One of lifes little "unconnected" coincidences
(Hagman of the.... above website....carrying the original ...disclosure)
http://www.stevequayle.com/index.php?s=33&d=427
Doug Hagmann, host of The Hagmann & Hagmann Report was involved in an altercation
- with armed authorities while driving on a city street early this morning.
- As reported, he suddenly and inexplicably found himself surrounded by police SUV vehicles and a cadre of police officers
- treating him as if he was a terrorist threat
...................................................................................................................
(Almost "proof of the pudding" -as some might say.
squirrel888
- 17 Jun 2013 05:09
- 63 of 148
What happened to Glen Becks whistleblower? I was really looking forward to that.
squirrel888
- 17 Jun 2013 05:18
- 64 of 148
mabel
- 17 Jun 2013 09:17
- 65 of 148
squirrel,
Have just listened to the above and it sounds too good to be true. Have you subscribed to this?
mabel
squirrel888
- 17 Jun 2013 09:36
- 66 of 148
Mabel - morning,
No I did not subscribe. I call it "sticky advertising". People who genuinely want to help society & community be sustainable do not charge folk.
I don't charge folk but I have published 3 books & run a website for free. Not for these forums.
Who wants to live in an inhospitable world where we lose freedom, love & community spirit at the hands of dictators & meglamaniacs.
My readership are encouraged to be frugal, have PMs, some collectables & to create their own sites & products. I do not sell information other than the books which the internet online bookstores take care of.
I don't have time for cons, apathy, spins.
This becks character seems to be a spinner.
squirrel888
- 17 Jun 2013 09:38
- 67 of 148
I think gold could bounce at any moment.
flyingswan
- 17 Jun 2013 09:44
- 68 of 148
It sounds like the Coop is about to be Cyrused?
The Co-op Bank will this week announce plans to fill a 1.5bn-pound hole in its finances. The rescue, brokered with the Bank of England's Prudential Regulatory Authority, will see 5,000 investors take a haircut on money they lent to the bank...
http://news.sky.com/story/1104599/co-op-bank-seeks-to-fill-1-5bn-capital-hole
squirrel888
- 17 Jun 2013 09:49
- 69 of 148
http://www.independent.co.uk/news/business/news/troubled-cooperative-bank-unveils-rescue-plan-8661275.html
Good find swan.
Glad I didn't put money into the co-op. Got my £1 membership fee back when I exited the UK. Sold my premium bonds too - thats another questionable "investment".....
mabel
- 17 Jun 2013 10:32
- 70 of 148
squirrel,
I mistakenly thought that by providing the link, you were endorsing it. I personally am suspicious of this type of advertisement, however, it can be a fine line between providing a genuine service and taking advantage. We have to make the decision for ourselves.
mabel
flyingswan
- 17 Jun 2013 10:54
- 71 of 148
squirrel888
- 17 Jun 2013 11:00
- 72 of 148
Mabel - agree.
Co-op first. Tesco/sainsburys next? Why would anyone bank with a supermarket chain?
MaxK
- 17 Jun 2013 11:04
- 73 of 148
Are the supermarket banks wobbly?
squirrel888
- 17 Jun 2013 11:14
- 74 of 148
I wouldn't trust them. It's another accident waiting to happen Max. Get your money & all your shopping data/habbits. Loan out your money & then the defaults start pouring in. Who is going to bail them out so customers don't lose everything?
omce36
- 17 Jun 2013 11:37
- 75 of 148
Not sure why you think Supermarket "Banks" are another accident waiting to happen - their lending practices aren't as risque, their interest rates not as competitive from what I can see. They're also less prone to the kind of dubious activities that most banks engaged in - why? Because they can't afford the reputational damage to their main business,namely the sale of groceries.
They simply wont get into the position where they need a bailout is my view...
squirrel888
- 17 Jun 2013 12:01
- 76 of 148
So what happened to the co-op then - just for clarity's sake?
yikyak
- 17 Jun 2013 16:47
- 77 of 148
I think the perception may well be that 'supermarket' banks are completely clear but it is not the case. Supermarket are capitalising on their brand strength and the publics general mistrust of the banking brands. However, once you look behind the branding you will more than likely find a banking institution behind it whether on a jv basis or as processor. On the surface the supermarket bank looks as though it's free from toxicity but it is only as good as the clearer and all institutions are connected in some way to a third party. If a default occurs with a third party it ripples though the whole sector. In 2008 Tesco purchased RBS's 50% stake in Tesco Bank for £950m, it was sold as a buyout for public consumption but in reality it was a bailout for Tesco Bank.
omce36
- 17 Jun 2013 20:41
- 78 of 148
Co-op is hardly a Sainsbury or Tesco now is it Squirrel. And it's the CO-OP PIBS holders that are suffering - similar to RBS/Lloyds shareholders. Depositors being safeguarded.
I expect, but haven't followed the situation closely that other parts of The CO-op will be bailing out the bank side. Not sure why they've got into the trouble they have because I neither invest in the CO-Op nor use any of their services.
Sainsbury, or Tesco banking is a different kettle of fish as they have serious reputational damage to avoid - the Co-op , imo, is a pile of shite..
omce36
- 17 Jun 2013 20:42
- 79 of 148
"In 2008 Tesco purchased RBS's 50% stake in Tesco Bank for £950m, it was sold as a buyout for public consumption but in reality it was a bailout for Tesco Bank."
Looks like a buyout of the other 50% shareholder to me, namely RBS - how do you get to "bailout" for Tesco Bank out of interest Yik?
gazkaz
- 18 Jun 2013 00:36
- 80 of 148
Re banks in trouble (Biiii-iiig Banks)
Posted comment re several....inc...Barclays ???
- across on Silver
Squirrell
- not looked up Becks big disclosure
- just assumed it was..... re that given in the article immediately before ...your dissapointed no update query
(post no 62.....interesting imo - especially taking into account...the subsequent..event)