Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi all,
I bought in early this morning. I first tried via my HL account - had to do this over the phone. As I didn't have a trading account, only a SIPP and KR1 can't be held in a SIPP I said goodbye and switched over to my Barclays Smart Investor account, I bought online and now hold in my investment account. I was surprised because everything I have read says you can only buy via phone and not online?? This is clearly not the case - Just wanted to flag it up for others.
GLA
This is why so many trade crypto - like yourself I'm long on all my investments, but the daily/hourly 10-20% swings on crypto are a trader's dream. I've been in crypto since 2017, it's a very interesting space, but it's not referred to as the wild west without reason.
Happy Christmas all!
So, I've had this thought for a while now. If FIAT collapses and Gold/Silver revert back to becoming a store of value. What does that mean to us GGP holders? We don't hold the physical gold. Or the promise of the gold later down the line. We hold a certificate. A promise that we will be rewarded with FIAT to the value of the gold GGP provides.
So what I struggle to get my head around is, as may predict that FIAT, inflation QE, and printing money may crash around us like a house of cards. Are we GGP holders as vulnerable as the rest? And that our investment in gold cannot be realised because we're locked into a FIAT system?
GLA
CC I don't trade crypto - I'm strictly long, and it all began as a punt. As coins and tech mature one can start to understand real world value, but it is so incredibly volatile. I don't have the ball or time to trade it, but I know many that rinse a 10% gain every hour of every day. It's funny too that the crypto world is so difficult to buy into. Try doing a trade on binance vs a stocks and share platform. This needed to be addresses for mass adoption. Coinbase is pretty simple but their fees are bid - centralized!!
Blockchain blew my mind when I first read up about it, and I'm far from an expert. It will be used for so much good in the world. It's already verifying carbon capture n the fight against global warming.
ATB
I have been in GGP since 2014 I think... But the majority of my holding is from March 2020. I have been in crypto since early 2017. IMO, digital currencies will happen, (not if) Look at Libra for Facebook. The big issue is centralized vs decentralized. The banks want a centralized version so they can continue to maintain control and earn the big bucks. The whole decentralized version eliminates the banks - this is why the banks are so against it and have been rubbishing bitcoin for years. BUT look how many of the big banking houses have very recently invested in bitcoin. Then you have blockchain, an amazingly powerful technology that is a global ledger for verification. A multi verification system that global, geographically independent, and highly encrypted. Verification is part of a block, a layer, and once locked, unbreakable or editable. So once a transaction or smart contract is written into the block and it is built upon - it is there for eternity and cannot be tampered with. Blockchain is being used to combat the billion-dollar counterfeit industry. Blockchain is being used in food processing tracing ingredients from field to fork. Tracing food poisoning etc etc. Bitcoin is the daddy of crypto - but the tech is pretty clunky. Etherium and others are far superior and in place in real work apps already. It's inevitable that crypto will succeed. It's just the banks and gov that want to stall it as long as possible so they can catch up with a centralized model.
Just my thoughts on the matter...
@Shorn, please explain? As far as I was aware you needed to be employed in Dubai to reside there. And If you lose your job you have 10 day to get the hell out!
I think a lot of us are looking for ways to minimise tax - legally. Personally, I am done with this government. I'm a company director LTD paying myself a minimum salary and the rest in dividends. My work fell off a cliff in March due to Covid. All I was offered was bounce back loans (debt) whilst all my self-employed friends were supported up to £2500 per month. Gov say me and millions of others situation is too difficult to work out?? Can't be that hard as a couple of weeks after submitting my tax returns I get a notification of how much I owe then!!
I like many take a substantial risk in investing in shares. And I feel I am taxed on every pound I earn again and again. So, after the way I and millions have been treated this year, small businesses who are 2/3 of the UK economy. I am looking for every loophole I can exploit.
Apologies for the rant - any bright ideas welcome - please, no lectures on getting financial advice from a BB - it's pointers many of us are after.
GLA DYOR
Ok forgive me for the stupid question... If you're buying these coins are you simply holding a certificate of ownership from the the Co and they keep your coins in their vault. Or are you physically holding them, under the mattress?
...you could all take heed from the GGP BB. Stop saying the same thing over and over and clogging up the board. We're waiting on news. So WAIT! Sit on your hands a Paddy would say. Post fact/information that is informative and beneficial to others. I've been in GGP for over 8 years and rarely post as others are far more knowledgable than I am. I LISTEN. Please try to adopt a similar attitude here. Yes, I hold OMI too.
GLA DYOR