Storrsy
Well-known member
Along with everything else. If the stock market crashes and never recovers we'd have bigger things to worry about!When the music stops the bubble pops
Quattromike
Well member-known
Anyone looking at Diageo just now, it's down just now but I'm thinking it'll bounce at some point as it's undervalued
Storrsy
Well-known member
Don't know. Alot of debt going on there plus a decline in drinking habits/cost of I think. I tend to prefer stocks in companies which the world can't really live without.
Still think a global Index fund probably hard to beat and lowest risk
doobin
Well-known member
Silver up to $93 per oz. Not long now till triple figures.
Got lucky last night and picked up Ā£700 worth of .925 coins on eBay for a tenner over spot price- here's hoping the seller keeps his side of the deal!
Got lucky last night and picked up Ā£700 worth of .925 coins on eBay for a tenner over spot price- here's hoping the seller keeps his side of the deal!
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Jimoz
Well-known member
@doobin listening to a lotus eaters podcast today they were saying the cost of extraction for silver is like 30 dollars. So eventually supply will catch up. They were saying not good for long term holding. Was also saying its a byproduct of other mining like copper. Not entirely sure how accurate these guys are on financial stuff but I enjoy their political take. You know any more about this?
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Jimoz
Well-known member
Just been playing with grok. Gold also has a big difference. Not as much as silver atm. Anyone got a field with some silver underneath?
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pettsy
Well-known member
A Jewellery group based not far from where I live has gone into administration today. Blamed on cost of materials. They also built a ānational jewellery design centreā in the middle of the countryside overlooking a local reservoir. Wonder how they that got through planning, conveniently now up for sale with possible conversion to dwelling how convenient 
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6feetdown
Well-known member
Bet it's owned by a subsidiary companyA Jewellery group based not far from where I live has gone into administration today. Blamed on cost of materials. They also built a ānational jewellery design centreā in the middle of the countryside overlooking a local reservoir. Wonder how they that got through planning, conveniently now up for sale with possible conversion to dwelling how convenient
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DaveDCB
Well-known member
Thatās a real shame, big old skool decent company!A Jewellery group based not far from where I live has gone into administration today. Blamed on cost of materials. They also built a ānational jewellery design centreā in the middle of the countryside overlooking a local reservoir. Wonder how they that got through planning, conveniently now up for sale with possible conversion to dwelling how convenient
Giles
Well-known member
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Jimoz
Well-known member
Spoke to a gold dealer who says he comes across a decent amount of fake soverigns. I assumed fake as in lead painted gold but no he literally meant gold melted down and cast into a soverign mould. Wtf, who would do that?!
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Stroppymonkey
Well-known member
Iām being thick butā¦
I thought a gold sovereign was valued based upon its weight/purity not as a currency ?
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Jimoz
Well-known member
From what I gathered it is to replicate rare coins with collectible value above bullion. I was a bit surprised that actually happens.
Grahams
Don't complain - suggest what's better
UK issued gold coins are free from capital gains tax, where as gold bars are not.
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Jimoz
Well-known member
Good thinking batman. They guy said he has to send any counterfeit for melting.
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