azazel

I asked the manager at Morrisons if he would accept them and after checking with head office they said it would be OK. I only use them for payment of fuel (popped out their packaging so they arn't so collectable) in case theres a dispute. I might start using them in the store also soon. Anyone wanting to do the same could mention this when asking.

When I get time, I will try out a few other Tesco branches to see if they respond in the same way. Its interesting that they want my name and address when I refuse to offer any other payment and its my refusal to give my private details that provokes them to call the police. They have called the police three times now. First time (tarnished metal detecting modern coins) the police bullied me into giving Tesco my details and the second time (big bag of new coins from the post office maximum within the legal tender limits) the police said it wasnt a police matter. Still it was an interesting experiment on many levels. I should have videoed it as the managers faces were quite a picture, but it was hard enough concentrating on the confrontation what with the adrenalin rush.

You can buy in mutiples of 5. I bought 10 the other night in two transactions. Free post if you buy at least three. I will wait for those 10 to show up and then buy 10 more. I always pop them out of the packaging for spending. Morrisons and a local pub accept them now too, without a fight.

Its a matter of principle as well as a bit of fun. Given the choice I would like to see a return of gold and silver as circulating money. The £20 coin gives me that choice. Its legal tender, lawful money and I dont see how the countries biggest retailer can refuse to accept them. Who the hell do they think they are! I dont have any grudge against the staff but some of them were very hostile and it was quite entertaining when the police were called and they were expecting me to be arrested only to be told its not a police matter and that they had to accept them. They now accept them in the hope that I will go away but I have a stockpile and some of the new ones are on the way too. Dispute with the manager Dispute with the police

Because this thread was goldfingers thread and you moved it to the loony forum and removed goldfingers moderation. I think thats disrespectful of a truly great contributor. Clearly he also did which is why he has quit. I do not want to "sling mud and abuse the host", I have always been respectful to you as you generally are well mannered, but I do not see the sense in vandalizing what is probably the most popular thread on the site, upsetting some of the most regular contributors here. It seems like a moment of madness.

Thanks Goldfinger, I for one appreciate all your posts and its outrageous that you have been treated in this way. It seems the same moronic behavior that occurred at HPC 3 or 4 years ago has also occurred here. I do hope you visit Pix site.

I think I nailed the bottom to the day. Makes a change! Perhaps I should try trading....

I like them as they are about 1/4 of an ounce and so a more reasonable size and value thus more affordable in that sized unit. They are also CGT exempt. There is no VAT to pay on gold at all. You can "make" over £10,000 without paying tax due to your allowance, and double that if you are married so depending on the gain, you might not have to pay any tax on a £20 grand investment anyway.

I would buy only sovereigns. If you phoned all the various coin dealers and negotiated a discount, im sure coininvest would match or beat that price. Buy in lots of 100.

I dont think you should ban anyone, why would you want to do that? Its exactly this attitude thats thats gone wrong here. I just cant understand you. The world is facing financial meltdown and escalating wars and there is a very compelling argument for gold as a defence to this, which is why the price of gold is rising, and yet you think that holding physical gold coins is in someway a cult type behaviour and not to be encouraged on this site? I dont know of anyone who has been disruptive here, unless you think disagreeing with you is disruptive.

Bubb, your behaving like a troll. In Internet slang, a troll is someone who posts inflammatory, extraneous, or off-topic messages in an online community, such as an online discussion forum, chat room, or blog, with the primary intent of provoking readers into an emotional response or of otherwise disrupting normal on-topic discussion. I suggest its just to provoke a reaction to drum up more activity on your site.

I dont know why you have such a problem with those who want to own some gold. Of course you will say you dont but the things you say prove otherwise. You never ever accept any of the criticism. You ask "what changes are needed?" I foolishly thought you meant changes to the website but clearly its "changes to the thinking of the GEI people" you are referring to.

And Crashman Begins http://www.housepricecrash.co.uk/forum/index.php?showtopic=174795&st=60

Here is a great post from Sir Harold M at HPC that sums it up nicely http://www.housepricecrash.co.uk/forum/index.php?showtopic=174795

LOL, the anti gold bias is in full swing, even suggesting that those who own it are in a cult, to discourage others from joining this "cult" by owning some themselves. The same thing happened over at HPC when the controllers, the moderators, decided that all this talk about gold was dangerous and was to be discouraged. Some still talk of their regret of not listening as they feel they missed the boat on gold. So it turns out that the controllers at HPC were wrong as gold did appreciate against houses and the crash came when valued in gold not GBP. So, who do they think they are, deciding how people should think? Surely a forum is a place for people to come and think not come to be told how to think. The thing is, gold is not like owning google shares or barclays shares. Owning gold can be a way of rejecting the system. Its removing your wealth from the banks, rejecting fiat money as a means of saving. If the system collapses, financially speaking, owning gold may prove to be the best defence. Bubb says, "I WANT GEI people to use Gold as a Tool, not behave like a "Gold holders support group." You say "post more and post what interests you", (which is like the psychiatrist saying lye down here and tell me how you feel) but who do you think you are telling any one of us how you want us to behave? I say again, is this place some sort of a clinic where sick people come to be treated by the good DrBubb for the affliction of not thinking in the way that the Dr see best? You will drive away all those who do not want to be one of your "GEI people", who want to think differently to you. May I suggest a new name for the site, "Gold Enthusiasts Institution, where goldbugs can be healed from their sickness" Good luck with that then.

Phillies are tubes of 20.

Thanks, I thought this would be your view, but its nice to hear it and Im sure others will agree.

Nice charts Goldfinger. I was reading your comments at the start of the gold thread over at HPC. I wonder what your thoughts are today on this post of yours back in march 2007. "I would not sell below USD 1200, which is in my opinion the equilibrium price today. But I expect it to go much higher, since markets are not rational. Just look at house prices - another case where it's difficult to call the max. Inflation adjusted maximum prices for gold in 1980 were around USD 2000/ GBP 900 per ounce. That might give you an idea. Gold would have to triple from where it is now. But 1980 was not Armageddon." http://www.housepricecrash.co.uk/forum/index.php?showtopic=43821&st=15 BTW, your in box is full.

I will be good on my word, although I had completely forgotten the bet and still don't even recall making it. I must be getting old! Looks like you will win at this rate.

My bank would not give me a loan as I am self employed and not a home owner, regardless of my income and other assets. I thought it was a bit cheeky considering they had just been downgraded by a credit agency.

Other than this reply, all others are a waste of time.

That was the spot price. The coins turned out at £22.88 each with VAT which is 20%.

I was thinking philharmonics or maples. It was silver maples for me and unless this "correction" goes further, I may have nailed the bottom at £549 a kg. We will see.