investing in markets for income

[Wattie]

24/2/2022 GBP £47247kg

 

[Ewan]

And it’ll continue upwards for a while. Gold investors always profit from war, or any other catastrophic event that shifts normal economic activity.
But as ever, it’s knowing when to back out that matters, as it’ll fall again at the first sniff of normality, when everyone wants to pile back into the stocks that are being suppressed by the war.

 

[Wattie]

And it’ll continue upwards for a while. Gold investors always profit from war, or any other catastrophic event that shifts normal economic activity.
But as ever, it’s knowing when to back out that matters, as it’ll fall again at the first sniff of normality, when everyone wants to pile back into the stocks that are being suppressed by the war.

Normality?
Rising interest rates.
QE tapering.
Massive (non transitory) inflation about to get worse through sanctions, energy, oil, wheat.
A 0.5% rate rise isn’t going to dent 7.5% inflation…
Russian debt default…
Oh and then there’s the next Covid scariant….
Taiwan…..

Only fallen 3 times in 16 years.



11%+ average

 

[bigbob]

View attachment 97465

View attachment 97466

That takes the biscuit for using a narrow y axis scale to overstate a point.

 

[Ewan]

Looking at the UK gold price per ounce, from a high in the summer of 2011, it took until the summer 2019 to get back to that point. It then grew nicely to the summer of 2020, dipped again, but has now regained that lost ground. Right now, it's certainly a good place to have some savings. I suspect that for gold, the only way is up, for at least the next few months. But just like all investments, it's all about getting in and out at the right time. Said Finbar Saunders.

(By "normal", I simply mean a World not primarily concerned about the war in Ukraine and the issues regarding oil, gas and wheat trading with Russia. I'm assuming we'll get past this crises somehow.)

 

[Wattie]

Looking at the UK gold price per ounce, from a high in the summer of 2011, it took until the summer 2019 to get back to that point. It then grew nicely to the summer of 2020, dipped again, but has now regained that lost ground. Right now, it's certainly a good place to have some savings. I suspect that for gold, the only way is up, for at least the next few months. But just like all investments, it's all about getting in and out at the right time. Said Finbar Saunders.

(By "normal", I simply mean a World not primarily concerned about the war in Ukraine and the issues regarding oil, gas and wheat trading with Russia. I'm assuming we'll get past this crises somehow.)

 

[Scaf]

So I have been looking at investing in gold for a long term investment, but where to buy it, any recommendations for genuine online bullion dealers.

 

[schell70]

Brent Crude is doing pretty well at the moment!

 

[CatmanV2]

Brent Crude is doing pretty well at the moment!

Messy to wear and store, though

C

 

[PaulCambio]

While spending a good few hours with my favourite tattoo artist today we discussed XRP as an investment. I’m thinking of chucking a few quid towards them. Anyone know anything about this one?

 

[Gooner]

I’d say XRP is a gamble rather than an investment. If you can see what it has that will make it worth more in the future than it is now then perhaps I’m wrong.

Lots of people have made money gambling on Crypto but more have lost.

 

[Wattie]

So I have been looking at investing in gold for a long term investment, but where to buy it, any recommendations for genuine online bullion dealers.

I run an online Precious Metals Business. Physical Gold, Silver and Platinum available.
Anyone interested can PM me.

 

[Froddy]

Brent Crude is doing pretty well at the moment!

Nickel too!

 

[Wattie]

Nickel too!
View attachment 97492

Causing a few defaults

https://www.zerohedge.com/commodities/nickel-halted-after-historic-250-surge-costing-chinese-tycoon-billions-margin-losses

 

[stindig]

XRP is a controversial investment at present. They stand to replace SWIFT within the international banking industry which would be HUGE! BUT they are not out of their fight with the SEC yet. Very recent rumours are that, behind the scenes, the SEC has thrown in the towel on this one, so it could be a really good bet. But owing to the unstable situation in the world at the moment, crypto is struggling. Personally I’m confident of the long-term outlook, but you may have to be patient

 

[stindig]

While spending a good few hours with my favourite tattoo artist today we discussed XRP as an investment. I’m thinking of chucking a few quid towards them. Anyone know anything about this one?

If it makes you rich, you’ll have to ask your friend to add one of these

 

[PaulCambio]

XRP is a controversial investment at present. They stand to replace SWIFT within the international banking industry which would be HUGE! BUT they are not out of their fight with the SEC yet. Very recent rumours are that, behind the scenes, the SEC has thrown in the towel on this one, so it could be a really good bet. But owing to the unstable situation in the world at the moment, crypto is struggling. Personally I’m confident of the long-term outlook, but you may have to be patient

Think I’ll stick a couple of grand on it and sit back and wait!

 

[stindig]

I run an online Precious Metals Business. Physical Gold, Silver and Platinum available.
Anyone interested can PM me.

I’d love some Gold Wattie. Just let me know what the order value is to qualify for free shipping to the UK

 

[Wattie]

I’d love some Gold Wattie. Just let me know what the order value is to qualify for free shipping to the UK

Most don’t take delivery...99.9%...(homes not secure enough)..it can be allocated, audited, stored and insured in London.

 

[philw696]

Most don’t take delivery...99.9%...(homes not secure enough)..it can be allocated, audited, stored and insured in London.

Going to get a few mates together with a few Ford Transits and Jaguar XJ6's and make a trip to London mate