The Investments Thread

[kato512]

Doesn’t hurt to spread your investments between multiple avenues.. only the very lucky do well with all their money in one pot!

Or insider trading...

 

[V8Druid]

I would put money in the fact that China will at some point start a gold back currency to rival the dollar.
I did watch an interesting video recently, but didn’t save it, China has a massive ageing population problem created by the one child rule. It can’t rely on cheap labour anymore and needs massive amounts of fertilizer to feed its population. It was critical of China’s Defence spending on poorly specified machinery, vast in numbers but not fit for purpose other than for Defence rather than attack. The world order might not be as we think. Western countries have governments bloated by debt. Which countries are strong? That I am no longer sure of where strength really lies!!!

it has been a long held opinion of mine that 'the Wuhan flu' was an attempt to 'deal' with this issue that got completely away from them ... and look at the sh1t it caused the rest of us !!

 

[Stroppymonkey]

it has been a long held opinion of mine that 'the Wuhan flu' was an attempt to 'deal' with this issue that got completely away from them ... and look at the sh1t it caused the rest of us !!

They need to go back in the lab and perfect it a bit better.

 

[doobin]

Doesn’t hurt to spread your investments between multiple avenues.. only the very lucky do well with all their money in one pot!

You and I both have a pot which we can on a whim alter the performance of- it’s called our businesses.

Metals were the hedge against a downturn.

 

[Lancs Lad]

They need to go back in the lab and perfect it a bit better.

You sound like the other Devon lad

 

[DaveDCB]

They need to go back in the lab and perfect it a bit better.

Wasn’t it an American lab tho?
For something that effected the whole world we all seem to know very little about its details.. surprised there hasn’t been a film made yet

 

[JD450A]

You sound like the other Devon lad

I'm hoping for nuclear Armageddon at this point..... On another note here's an advert for a undergraduate university course.

Nuclear holocaust is long overdue.

 

[TiltyShaun]

I'm hoping for nuclear Armageddon at this point..... On another note here's an advert for a undergraduate university course.

Nuclear holocaust is long overdue.

Need to a degree for that now then!!

 

[doobin]

In such a thinly traded market, you could be closer to the truth that your facetiousness might suggest.

We will know from the 2nd on wards which way the wind is blowing. Personally I believe that there are geniune physical shortages (silver is an industrial metal and is consumed rather than hoarded) and large players have been supressing the price to try to protect their short positions. That's changing.

JP MORGAN SELLS ENTIRE 200 M OZ SILVER SHORT POSITION, FLIPS LONG 750 M OZ! | SGT Report

www.sgtreport.com

Couple that with demand for physical metals from central banks around the world, particularly for those holding large dollar reserves (China!). Metals are a hedge against dollar devaluation, which is looking a certainty. It's a perfect storm.

I won’t be sleeping much tonight I don’t reckon.

Markets open at 23:00.

I’m expecting another monster jump in silver. Interestingly gold isn’t shifting much- which means the gold to silver ratio is dropping like a stone. It’ll be a good time to sell any old silver and swap it straight with the jeweller (research carefully, beware of sharks) for a gold coin or two.

 

[hiluxman]

I won’t be sleeping much tonight I don’t reckon.

Markets open at 23:00.

I’m expecting another monster jump in silver. Interestingly gold isn’t shifting much- which means the gold to silver ratio is dropping like a stone. It’ll be a good time to sell any old silver and swap it straight with the jeweller (research carefully, beware of sharks) for a gold coin or two.

That's it, grandma's cutlery is getting weighed in tomorrow then.

 

[DaveDCB]

Doobin be cracking the safe open

 

[Jimoz]

Do you have a chart for historical ratio vs gold? Did it do well last night? Mate of mine reckons he has 25kg silver been collecting nearly 2 yr

 

[doobin]

Silver to gold ratio went as low as 55:1 last night.

Strong start, up 5% in twenty minutes. So far today it’s down 10%, it’s behaving almost like bitcoin which is crazy for metals.

Next week when all the bullion banks are back at work we should see a better reflection of the true price.

 

[V8Druid]

Doobin be cracking the safe open View attachment 78406

never seen a safe on castors before .. usually a bitch to get those first 10mm off the floor when moving them

 

[Jimoz]

Rumour on my twitter a big bank has had to be bailed out on silver shorts. USB or hsbc being mentioned. Probably just rubbish but thought it relevant

 

[doobin]

Rumour on my twitter a big bank has had to be bailed out on silver shorts. USB or hsbc being mentioned. Probably just rubbish but thought it relevant

Yes, I’ve seen that also.

Metals are taking a right hammering across the board today. Even gold down 4%.

Of course, all this printing money to slam the price down does is ensure that the price will bounce up again that much higher in fiat.

 

[V8Druid]

if HSBC are in the tish we're all in trouble ... one of the biggest groups in the world

 

[doobin]

if HSBC are in the tish we're all in trouble ... one of the biggest groups in the world

Exactly. The silver shorts are underwater to the tune of billions.

The conspiracy theory is that the banks are being fed printed money to suppress the true price of silver for the USA.

 

[Jimoz]

Good time for everyone to reaquaint themselves with fscs limits if holding a lot of cash. Although not sure how well they'd perform if one of the big strategic ones went under hsbc etc. Probably just fire up the printer to reprint the lost ones. Bunch of bananas end up costing a tenner

 

[Lancs Lad]

Good time for everyone to reaquaint themselves with fscs limits if holding a lot of cash. Although not sure how well they'd perform if one of the big strategic ones went under hsbc etc. Probably just fire up the printer to reprint the lost ones. Bunch of bananas end up costing a tenner

120k? Per bank?