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Crashman begins

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Everything posted by Crashman begins

  1. Me & mrs crashman bought as 1st time buyers In 2011 Saw more QE on the horizon and knew prices would be stronger now. We missed the 2008 bottom of this area by months.. That's how fast it recovered. Bought at 2005/2006 prices. Still have a position in bullionwhich will be used one day to pay off Mortgage or for a buy to let ? Who knows , Bought at the bottom of a very desired wealthy area on west London .i figured If you can't beat Em join em, & let them shelter you from negative equity. Not bad for a curious 24 year old sheep who found HPC in 2004.
  2. Hayes and surrounding areas are not as wealthy due to drugs and crime, as you might think. Remember many non western familys live around Hayes and many were into buy to let very heavily in the 90's well before buy to let became a mania. They seemed to have a good understanding of fiat money And gold is part of their culture. I wonder if they swapped gold for property in the 70's etc ? I could introduce you to multiple family's who have benefited from multiple rentals and own businesses. Seeing their offspring driving around in top of the fange vehicles Is something that often left me baffled as a kid. How could the locals of a " poor area " have more wealth than many of the other upper class local areas , and further.
  3. Damn.. why didnt I go in 100% Ohh well somethings better than nothing.. Wanted to make a small purchase on C.I.D and was suprised to read : Minimum Order is £200.00. Please review your order.
  4. Watching now. Years ago you wouldnt see this on tv at all. Every time he says Gold I get a warm feeling inside
  5. http://www.usaliveheadlines.com/2556/us-mi...al-campaign.htm US Mint record sales due to Crash JP Morgan, Buy Silver Viral Campaign? Posted by Joel Mackey on November 19th, 2010 In what seems to be quite a surprise to many watching the US Mint is reporting record sales numbers of 2010 American Eagle Silver Bullion coins this November. The last record was set in May of 2010 with a sales number of 3,636,500. This November the United States Mint under the authority of the U.S. Department of the Treasury has sold over 3,775,000 1 ounce Silver American Eagle coins Recently Max Keiser launched a YouTube & national TV viral campaign to force a crash of JP Morgan by encouraging Americans to buy silver in the physical form. Max Keiser stated in his official video launching the viral campaign: All you have to do is buy one silver coin, maybe two silver coins and demand physical delivery of that silver thus forcing JP Morgan and these other financial terrorists to have to cover their negative bets and put a company like JP Morgan in bankruptcy. There is no way JP Morgan can cover their liabilites if we all buy one silver coin and demand physical delivery. Put JP Morgan a financial terrorist out of business, Buy Silver. Whether people are listening to the advice of Max Keiser or whether they are scared to death of the current state of the economy remains to be seen. No matter how you look at it, Silver sales are up and the price of silver is still climbing. According to Kitco.com the 24 Hour Spot Price of silver is $27.35 an ounce. Have you bought your silver yet? It’s time to stock up for family Christmas gifts and to invest and protect your money. 2010 Silver Sales Totals (in ounces / number of coins) Month One ( oz. / #coins ) January 3,592,500 February 2,050,000 March 3,381,000 April 2,507,500 May 3,636,500 June 3,001,000 July 2,981,000 August 2,451,000 September 1,880,000 October 3,150,000 November 3,775,000 Total 32,405,500
  6. A double dead cat bounce in Gold / Silver.. Nah, these cats have life in em yet
  7. http://www.examiner.com/finance-examiner-i...mmodities-again The Chicago Mercantile Exchange (CME) raises margins on commodities again The Chicago Mercantile Exchange (CME) is continuing its assault to stem the speculation on commodities that threaten to go parabolic due to the Fed's QE2 and subsequent inflation. Last week, silver took a plunge immediately after the CME raised margin rates 30% from $5000.00 to $6500.00, and it is affecting other commodities such as copper as well. Today, the CME is again raising the margin rates and this is explained by Tyler Durden of Zerohedge. If at first you don't succeed at killing the higher beta stock short hedge, try again. The CME has just raised its margin requirement on silver again, bringing maintenance margins up from $6,500 to $7,250, after hiking it less than a week ago for the first time and preventing silver from surpassing $30. Of course, why the CME is raising it more after the spot price of silver is now far lower than where it was at the first raise is a good question, but is most certainly due to the exchange's "risk mitigation" concerns, and has nothing to do at all with the intent to continue killing PM prices. Far more importantly, the CME has finally relented and also raised gold margins, as we had expected. The new maintenance margin is up from $4,251 to $4,500, a minimal increase just to allow the CME to have the option (and making speculators well aware of this) of hiking rates again at any point it so chooses. All in all, all is now fair in fighting excess record liquidity. Look for a second round of imminent margin hikes in cotton, sugar, coffee and wheat, as the exchanges are suddenly very concerned about what retail margin collapses may mean for the non-existent wealth effect. One of the lesser speculations on why the CME is doing this is tied to the Federal Reserves fear of inflation and rise in commodities because of QE2. The new margins ironically will have little effect against the silver shorts such as JP Morgan and HSBC, but will cause a slowdown of metal longs and allow the manipulation by the banks to keep on running .
  8. Yes that happened to me, received a Umicore bar from them. May diversify a bit then & purchase a 1KG coin, saw some pics of them on GEI & was impressed. I guess my main concern was that without serial No's / certificates will people be more cautious? Just out of curiosity what is the serial NO on bullion actually used for ? Can dealers search a database for authenticity, is it used for tracking ?
  9. Edit: You must be talking about a Gold Heraeus bar.
  10. Anyone been buying the Coin invest direct Heraeus bars ? They work out be the cheapest Kilo bars around, but im now thinking I should buy some more popular (Umicore etc) bars that have serial No's / certificates ? as they'd be recognised / easier to sell. Any opinions ?
  11. Crashman Begins posesses absolutely no bullion paper or physical. Any comments made regarding possession / investing are purely speculation / peer pressure.. and are weak attempt to keep up with the Jones's / seem cool
  12. Go to Tesco.com & look at a link on the bottom right of the page
  13. Smackdown VS Raw PM bulls Kilo bar £717.00 down to £705.00
  14. Im guessing QE in the states will be our buying oppurtunity as the dollar slides heavily, The states always go 1st dont they ?
  15. Is the special finished ? cant see anything now.
  16. 1 oz Gold Britannia's on CID are Purity: 917 / 1000 compared to other coins. Does this bother anyone ? Will these sell in other countries for less ?
  17. FROM Grumpys link: There was also an office destroyed in the pen-tagon that related to precious metals... its on Reinhardts site, (Down at the moment)
  18. FIAT COATED WITH 24K GOLD I'll get my coat
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