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duckwomanloulou

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Everything posted by duckwomanloulou

  1. Nice video - very slick looking. Already a customer so no complaints from me!
  2. This guy posts on ZH - not as a contributor but as a poster (he showed a picture of the back windscreen a few weeks back)!
  3. DOUBLE POST What time frame do you think will give us an indication of which way that this is going to go? I have a core position but have cash on the sidelines waiting for the crash down scenario but am beginning to think that a pull back is not coming this next month. My buy finger is getting very itchy even tho' we are not far off all time high prices in £!!
  4. Hasn't 'force majeure' already been activated by the banks in Switzerland? - I read it somewhere (probably here) that Switzerland is already considered unsafe and vast amounts were being removed from the vaults to Hong Kong (Far East holders).
  5. My holdings 40% Gold 10% Silver 50% Sterling
  6. Thanks DCA and all others for replying. Money has been moved across to GM in readiness for a buy but waiting till into Aug and probably a month from now before hitting the 'buy' button. Still interested to hear other views if people would still like to share. Lou
  7. Here's what's vexing me currently. We sold out all bar 5% of our gold & silver (that's in sov's & brits) pre Emergency budget because of the potential changes to CGT & to bank gains. We are now predominantly in cash - UK sterling (in 2 UK ethical banks so hopefully safer than the average bank). I'm watching the stock markets and the gold market and trying to figure out where we go from here and therefore how to invest again - the never ending inflation vs deflation debate I keep reading about the imminent stock market crash and am beginning to form the view that if that is the way things play out that we will see a correction in Gold back sub $1000 Sept/Oct before the US fire up the presses for one last time following their Elections & we'll get one last leg up in Gold before we see Prechter's predictions start to look more realistic (edited to say: for a while maybe 12-18 months before it goes parabolic). I'm not looking to get flamed for this view I'm just sharing my limited opinion and looking for other views before I decide to hop back on the Gold & Silver train over the winter/spring once more. Would love to know what you think particularly Dr B Lou
  8. Scramble for gold coins to beat tax increase By Javier Blas and Vanessa Houlder Published: May 28 2010 21:08 | Last updated: May 28 2010 21:08 British investors are scrambling to buy sovereigns and Britannia gold coins in an attempt to use a tax loophole to avoid paying more capital gains tax. Mark O’Byrne, of Gold Core, a London-based gold coins and small bars dealer, said it was selling sovereigns and Britannias “in the thousands”. “This week we sold more than in any other one-week period,” he said. “The vast majority of the buying is related to CGT.” The move comes as the government plans to raise CGT for items such as second homes and shares to rates “similar or close to those applied to income”, suggesting a rise from the current 18 per cent rate to nearer 40 or 50 per cent. The tax increase is likely to come into force next April but could be introduced on June 22 alongside the government’s planned emergency Budget. UK-minted bullion coins are exempt from CGT as they are considered legal tender. Some investors are choosing to buy gold coins instead of other assets that would incur CGT. Revenue & Customs says “sovereigns minted in 1837 and later years and Britannia gold coins are currency but, like all sterling currency, are exempt”. Coins that are currency but not sterling, such as South African krugerrands, are subject to CGT, the Revenue says. Dealers said the rush by UK-based investors had pushed the premium of both coins above the spot gold price to about 7-8 per cent, up from 3.5 per cent at the beginning of May. Spot gold in London traded on Friday at $1,215 a troy ounce, just below the nominal all-time high of $1,248.95 set this month. The proposal to raise CGT was a concession to the Liberal Democrats after the Conservatives fell short of an overall majority in this month’s general election. The plan has met with opposition from the Tory right. The Con-Lib coalition believes it will curb tax avoidance by people treating income as capital gains and will raise money to help fund a rise in income tax thresholds for low and middle earners. Other countries have seen a rush into gold coins this month. After the €750bn (£638bn) eurozone bailout, German investors bought the most coins since the collapse of Lehman Brothers in 2008. The US Mint, which produces one the most popular gold coins, has sold 184,000 one-ounce American Eagles so far this month, the most since January 1999.
  9. +1 That's my thinking too. If the black swan event predicted this year by some is the PM short squeeze triggering the next round of bankruptcies and failures then 'Goldbugs' would be easy targets for the media (the fact that some of us are just savers looking for decent returns on our investment & to protect our wealth will be quickly glossed over)
  10. Interesting stuff catflap! Do you see the deeper correction in gold happening at the same time as the stock market low in 2013?
  11. Gold has shone the brightest over the past decade. It traded at $288 an ounce 10 years ago, Barclays Capital said. Last week, the spot price jumped to an all-time high of $1,217 — giving a stellar 323% return, or about 15% a year. http://www.timesonline.co.uk/tol/money/inv...icle6945627.ece Black Rock Gold & General has turned in one of the best performances among unit trusts, with a 733% return. http://www.timesonline.co.uk/tol/money/inv...icle6945632.ece Best performing asset class and best performing unit trust in the last 10 years .... However, Bond warned: “Stay away from gold in the longer term — other industrial commodities, such as copper and oil, are likely to give better returns.”
  12. Yep Nick Jr is for kid's on Sky/other satellite channels (my 2 were watching it when I saw the ad). Hence my confused look as hardly your target market but might be syndicated to all satellite channels so might see ads running on more mainstream (adult view) channels too I guess.
  13. Has anyone else seen the Royal Mint ad's now running on tv? Only noticed it today but thought it was interesting as this is the first tv ad I've seen talking about buying Gold and Silver rather than selling. They may just be running them pre Christmas as that was how the ad was positioned (Xmas gift for loved one etc). It was on NickJr Lou
  14. Yep I agree - Auntie wasn't just talking about selling it.
  15. For anyone that is interested the piece on Gold was on the One Show last night between 04.18 - 07.14 mins http://www.bbc.co.uk/iplayer/episode/b00p3...how_25_11_2009/ Adrian Ash from BullionVault interviewed Lou
  16. Close to breeching the previous high in £'s Is today the day that we start making new highs in GBP? Hope so. Lou
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