Where to buy physical Gold/Silver Bullion at Market price?

Type_45

masonic said:

Type_45 said:

One of us is looking at duff data. Because this is what I'm looking at:

Here's your clue:

FTSE100 yield 4.2%

SGLN yield 0%

Let's go with your figures then:

FTSE 100 down -2% YTD

SGLN up +12% YTD


Would you prefer -2% on stocks or +12% on gold?

masonic

Type_45 said:

masonic said:

Here's your clue:

FTSE100 yield 4.2%

SGLN yield 0%

Let's go with your figures then:

FTSE 100 down -2% YTD

SGLN up +12% YTD


Would you prefer -2% on stocks or +12% on gold?

I already have +12% on gold and +0.6% on stocks using something similar to your preferred VWRP. So, no, I don't want any of your FTSE100, thanks. Meanwhile, the FTSE250 is a sight to behold...

Type_45

masonic said:

Type_45 said:

masonic said:

Here's your clue:

FTSE100 yield 4.2%

SGLN yield 0%

Let's go with your figures then:

FTSE 100 down -2% YTD

SGLN up +12% YTD


Would you prefer -2% on stocks or +12% on gold?

I already have +12% on gold and +0.6% on stocks using something similar to your preferred VWRP. So, no, I don't want any of your FTSE100, thanks. Meanwhile, the FTSE250 is a sight to behold...

Nothing goes down in a straight line.  But the FTSE 250 is determined to try.

Alistair31

Type_45 said:

masonic said:

Type_45 said:

masonic said:

Here's your clue:

FTSE100 yield 4.2%

SGLN yield 0%

Let's go with your figures then:

FTSE 100 down -2% YTD

SGLN up +12% YTD


Would you prefer -2% on stocks or +12% on gold?

I already have +12% on gold and +0.6% on stocks using something similar to your preferred VWRP. So, no, I don't want any of your FTSE100, thanks. Meanwhile, the FTSE250 is a sight to behold...

Nothing goes down in a straight line.  But the FTSE 250 is determined to try.

T45, any guess what this is?

renegade1

Alistair31 said:

Type_45 said:

masonic said:

Type_45 said:

masonic said:

Here's your clue:

FTSE100 yield 4.2%

SGLN yield 0%

Let's go with your figures then:

FTSE 100 down -2% YTD

SGLN up +12% YTD


Would you prefer -2% on stocks or +12% on gold?

I already have +12% on gold and +0.6% on stocks using something similar to your preferred VWRP. So, no, I don't want any of your FTSE100, thanks. Meanwhile, the FTSE250 is a sight to behold...

Nothing goes down in a straight line.  But the FTSE 250 is determined to try.

T45, any guess what this is?

Is that the fund where he bought in April and sold in July? 🤣 Hint: it's not equities

bery_451

InvesterJones said:

bery_451 said:

Prism said:

bery_451 said:

We officially entered Recession Bank of England says.

Government can only get money income via 2 ways: taxes or the money printer at the bank of England ready to lend to the govt. at the cost of higher inflation continued more higher prices and possibly brace for hyperinflation.


 

Thats not the case at all. The government borrows money from the banks and markets. The BoE doesn't need to be involved and doesn't need to create more money. In fact they are starting to reduce the money supply.

UK bond prices are crashing because normal banks and the markets are not buying them, they see it as high risk hence the higher interest rate yield for these UK bonds. Higher yield implies higher risk. People with bad credit history get credit offered to them but at a higher risk interest rate.

So only the bank of england is left to buy these UK bonds via their money printer.

But that's not the case yet. At the moment the market is buying them, just at higher premiums.

Haven't you seen the news today? The bank of england is now buying uk government bonds debt via their money printer just like I said days ago. This is happening now in real time as we type. Brace for Hyper Inflation.

bery_451

Linton said:

bery_451 said:

Prism said:

bery_451 said:

We officially entered Recession Bank of England says.

Government can only get money income via 2 ways: taxes or the money printer at the bank of England ready to lend to the govt. at the cost of higher inflation continued more higher prices and possibly brace for hyperinflation.


 

Thats not the case at all. The government borrows money from the banks and markets. The BoE doesn't need to be involved and doesn't need to create more money. In fact they are starting to reduce the money supply.

UK bond prices are crashing because normal banks and the markets are not buying them, they see it as high risk hence the higher interest rate yield for these UK bonds. Higher yield implies higher risk. People with bad credit history get credit offered to them but at a higher risk interest rate.

So only the bank of england is left to buy these UK bonds via their money printer.

There are large numbers of forced buyers of UK gilts.  For example pension and insurance ciompanies who need to hold large amounts of near-to-cash to pay future £ liabilities.

Gilt prices are not crashing.  At the moment interest rates are still below historically normal values.  They are similar to the interest rates in the periond just prior to the 2008 crash

Jobs that pay cash in hand don't have pension schemes. Anyways we are in a recession meaning there's gonna be mass layoffs unemployment because companies don't like higher interest rates meaning it becomes more expensive for them to continue running never mind hiring new employees or even most likely go bankrupt.

In a economy where there is no jobs then that means there's no pension schemes to be forced to buy UK government bonds IOU's in employees pensions. So everybody's pensions will get screwed. This sounds like the biggest ponzi scheme ever where the difference is with this ponzi scheme is that is legal and victims are forced to participate into it otherwise the whole pyramid scheme comes crashing down.

Wages are not going up with inflation. The 4% pay rise for the NHS hero's are a insult considering official inflation rate for upcoming January will be 18% inflation. Heck even the so called professions that pay good such as Barristers, Solicitors wages are not going up with inflation hence the reason they are striking now. So far from the bank of england 2% target inflation rate. Look around prices everywhere has gone up more than 18% so this inflation rate they spewing out on TV is watered down not the real inflation rate.

bery_451

Well... Well... Well...

Note to self...

This has aged well....

bery_451

Platinum & Palladium precious metals seems Value cheap now compare to gold. If these precious metals are more rare than Gold then how come they are much cheaper to gold compare to gold price now? Is it because of Industrial demand? If so theres no industrial demand for Bitcoin yet Bitcoin is doing well like Gold is. Bitcoin value is based and scarcity and rarity same like Platinum & Palladium. Unless Elon Musk can sends a spaceship to planet Neptune or something to mine millions tons of Platinum or Palladium to supress their prices. I cannot see that happening.

Silver is not as scarce as gold but I believe silver will go up to a conservative $100 an ounce after the gold rush ends at $5000 an ounce or $20000 an ounce if audit fails at Fort Knox that will cause panic buying. I could be wrong like I always am 

InvesterJones

What are you basing your predictions on? If you're not sure about why various metals are priced the way they are what makes you confident you can price them?

Bitcoin isn't valued on scarcity, it seems to correlate more with tech stocks. Gold has increased in value this year (+26.8%), Bitcoin has decreased (-9.59%). (Plat, palladium and silver also up this year).