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Compounded

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About Compounded

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    UK
  1. Compounded

    GOLD

    How old are you?
  2. Compounded

    HYPERINFLATION

    Give it 20 years and government debt will be manageable and hyperinflation avoided. I cannot find the article but it says that inspite of the continuing deficits the purchasing power of total UK government debt is falling. Remember controlled inflation worked brilliantly the last time we had impossible debts in 1945. It seems that whatever happens even if they manage it well gold is the asset to hold now.
  3. Compounded

    Pensions

    I have been focused on this for nearly 10 years, I am 52. + Mainstream investment advice is worthless as it assumes 4-7% inflation adjusted returns on the stock market, this is IMO highly unlikely going forward because the stock market is linked to the general economy which is in a depression which will last years if not decades into the future. + Gold is good in hard economic times but it is no longer cheap, IMHO it is the best bet even now if you want to park money in a pension and get on with work and life. + Trading which is what Dr.Bubb teaches freely here requires skill and is pretty much a full time job, it's a solution if you love doing it but most with a full time occupation will not be able to get to be sufficiently skilled at it to make adequate returns and it's risky and is almost certainly a loser for the novice. + So there is no simple answer, to succeed in preserving let alone growing wealth for retirement will take much time and effort to self educate and even then a bit of luck too.
  4. Compounded

    GADDAFI is gone...

    The British people are right in a way we should be uninterested because it's none of our business. Too few Brits understand have any influence on our government. Significant, but it's importance can be understood only by the very small minority that are aware of banker power. No, war crimes trials are for losers only. Yes Agreed.
  5. Compounded

    HYPERINFLATION

    This article outlines what TPTB are possibly trying to do, it makes sense to secretly rob the savers and reduce overly generous entitlements if this offers a chance to avoid the infinitely worse disaster that is hyperinflation. http://news.goldseek.com/GoldSeek/1315849716.php
  6. Compounded

    GOLD

    I told my brother when gold was £360 - he did not take notice, later I told my dad he thought I was being reckless and he has ever since been politely asking me about my plan to exit and that's in spite of the fact his shares have gone nowhere and gold has more than doubled. I avoid discussion on gold or investing now, the reasons for holding gold now are too complex to get over easily to someone who is not interested in the first place.
  7. Compounded

    GOLD

    The progress in GBP has been much steadier than in USD, NZD or AUD, I haven't been tested by anything like a 25% fall yet.
  8. Compounded

    GOLD

    It was £1000+ for a day or so but it's been now nearly 2 weeks at around £990 could be the reason.
  9. Compounded

    Uk Farms and farm land price direction?

    The state is not omnipotent, it just seems that way sometimes. I planted some beans today. Whatever you do may seem insignificant to you, but it is most important that you do it. Mohandas Gandhi
  10. Compounded

    Uk Farms and farm land price direction?

    Dictionary.com gives Tangible –adjective 1. capable of being touched; discernible by the touch; material or substantial. 2. real or actual, rather than imaginary or visionary: the tangible benefits of sunshine. 3. definite; not vague or elusive: no tangible grounds for suspicion. 4. (of an asset) having actual physical existence, as real estate or chattels, and therefore capable of being assigned a value in monetary terms. In this definition tangible would include real estate including land. It think the ability to be held discreetly is the key advantage that gold would have during state failure that land does not have.
  11. Compounded

    So, what would you do

    It's time consuming, I first contacted them in February 2008 and the transfer did not happen until mid April. I moved the lot as a lump sum; it's as well I did not average in given what happened to the Stock Market later that year. I too was with Standard Life and was irritated that I was not eligible for the floatation bonus even though I had a pension with them. I would expect it to be quicker and easier now Standard Life offer Goldmoney in house.
  12. The monarchy as a tourist attraction almost certainly net profitable, the queen comes cheaper than many presidents The queen, is I think something more interesting than yet another career politician. Think President Brown or Blair the argument is made. On the other hand permanence is power and that power is held by a high born toff who is perhaps unlikely to understand or push in the interest of the common man. She does I have heard care that the nations soldiers and ex soldiers are treated properly. It is probably a good thing they send their family members to our wars even though they are usually well away from the real fight.
  13. Compounded

    Scottish Independence

    That's like an old idea with implications, it's very non PC now, it's the idea that only taxpayers should have the vote.
  14. Simon Sharma made an interesting point, the UK has been politically stable for a period that is longer than all the other members of the EU combined. That is in spite of the fact the UK is a coalition of different nations that prior to the union had a very, very long history of fighting each other in nasty wars. (The ingredients for a Yugoslavia?) Also it's probably easier for the UK prime minister to do his job with head of state duties abrogated to someone else, if that someone else is a confident who has known many other countries leaders for decades before, the advantage is likely significant. That the queen has known all US presidents since Roosevelt must impress a new US president. If it ain't broke don't fix it
  15. Compounded

    Why Pessimists Make Bad Traders

    I am a pessimist, I avoid trading when I can but sometimes I have to. Take Fiat money for gold, I had to it was so obvious to me GF was right in 2007 yet my head had to scream it for months before I did the minimum and bought a few sovereigns. It was then 12 months of gains before I had the confidence to move real - retirement date changing money. There is/was no optimism only the feeling I have the best of a set of options which all carry risk. I was not bothered by losses in 2008 - everything else seemed more risky.
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