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Gold Prices Rally on Safe Haven Buying. gold hit a new record of £767

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Comments

  • Asheron
    Asheron Posts: 1,229 Forumite
    I have great respect for Martin Lewis, and the Mods

    The Mods on these Forums respect Freedom of Speach, and are not Power Crazy like other websites.
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Asheron wrote: »
    I have great respect for Martin Lewis, and the Mods

    The Mods on these Forums respect Freedom of Speach, and are not Power Crazy like other websites.

    I've been banned From some Forums for using Capital Letters in random Places, rather than Just at the Start of sentences and For names. It's Complete Madness I tell you, Madness.
  • Asheron
    Asheron Posts: 1,229 Forumite
    haha cheap shot Cleaver
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    edited 19 May 2010 at 5:53PM
    A sucker born every minute hey RDB, aka Mr.English, aka a few other silver bugs on here. Good luck with your ramping and PM sales


    Think he'll need more than luck... it's a shark infested swamp out there. Seems as if crazygaijin has recently been sharkfood.
    Guess he's now got to wait for the price to rise 17.5% for VAT and another 50% for being taken for a sucker.

    https://forums.moneysavingexpert.com/discussion/comment/30328737#Comment_30328737


    (can I just add crazygaijin is my favourite split personality poster ever)
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    ............Except when you sell to idiots on internet forums who fall for the ramping advice of dubious characters who use multiple usernames to push people into buying their second hand silver at new silver prices......

    This is not a thought through comment. Most of the comments from the Anti Precious Metals League never are. They are just based on a prejudice against P.M.'s. Like all prejudice they lack any hint of rational thought.

    I'll explain.

    MSE has nearly 680,000 registered users. If they all went out tomorrow and bought 10 ounces of gold, or 10 Kilos of silver, the price of those metals would spike for a day, then get back to normal just as quick.

    So the ramping hypothesis is bunkum. Contrary to some peoples views the global P.M. market is too big to ramp or manipulate anyway.
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    Some of these 'financial experts' have an apalling lack of sense. The idea that they can sell a bar of silver back to a broker with the VAT still added onto it is laughable.
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    DiggerUK wrote: »
    This is not a thought through comment. Most of the comments from the Anti Precious Metals League never are. They are just based on a prejudice against P.M.'s. Like all prejudice they lack any hint of rational thought.

    I'll explain.

    MSE has nearly 680,000 registered users. If they all went out tomorrow and bought 10 ounces of gold, or 10 Kilos of silver, the price of those metals would spike for a day, then get back to normal just as quick.

    So the ramping hypothesis is bunkum. Contrary to some peoples views the global P.M. market is too big to ramp or manipulate anyway.

    You're ramping a small market of idiots who buy from strangers via a forum PM (personal message) by constantly posting pro-silver messages. It has no impact on the wider silver market, but you're not selling to these fools at a market price anyway, you're adding VAT to a second hand product.

    I never said you were ramping the market, you're just using a sales pitch on here and some fools are falling for it. More fool them when they can get it from reputable dealers who aren't selling them pressed solder and a fake certificate.
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • Asheron
    Asheron Posts: 1,229 Forumite
    Harry, you're an Idiot.

    Some people care about others, and want to help people protect their savings.

    We are not all selfish like you. Not everyone thinks like you!
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    You're ramping a small market of idiots who buy from strangers via a forum PM (personal message)

    Then go and make the same argument against the Independent Financial Advisers, those who really do ramp some zombie products to anybody who sends them a PM.

    Don't pick and choose which Spammers you attack. They are all scum.
  • Asheron
    Asheron Posts: 1,229 Forumite
    I would focus my Anger on the Bankers, that create debt out of thin air.

    Loan that debt that should never exist.... to ANYONE.

    Which creates a housing Bubble.

    The Same bankers make interest on the Loan and a bonus from the Loan Protection Scam!

    The same Bankers control the Politicians that choose how much Tax you pay when you sell the house.

    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
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