Member Info for oldbaldy

Bradley

That’s a ****e strategy, lol

OB

Woodstock

I only hold a small amount of cash so no ladder required, lol almost every penny I’m paid goes into BullionVault, we live off the wife’s wages…

I can’t bear the thought of loosing over 10% of my cash due to “real inflation”

OB

jammysparrow

Yeah I like the green tech, that’s why I am into silver it has so many green uses- solar panels -electronics - not to mention electric cars, everyone will be driving an electric car in 15 years, think of all that silver required…

I recon when CBDC’ s are rolled out, folk will pour into crypto and precious metals, some interesting times ahead :)

OB

Morning PM

Don’t get me wrong I’m ok with a cash raise after a deal with an increased market cap but not before a deal..

OB

Morning Bradley

You have balls, you put 35k in here and that’s more balls than me, I prefer little and often and buy in the dips..

Please don’t ever remain here on my account, we can have a beer without being invested chaps…

Who knows why RG is selling? There could be many many reasons, he could simply have lost his patience, and we know buffets opinion on that :)

As for your strategy (pay the bank back), in times of high inflation your debt is eroded away…. Have a google

I have a vision in my head of Woodstock in his chocolate box cottage, and every time he has the window’s open £20 notes keep flying out, into the wind and choking the new forest pony’s, ha ha

I have many faults, I’m fat, bald and not even a good carpenter but I do have patience, if this take 5 years then so be it.

OB

Morning porky,

I have been here just over 10 years, and I truly believe a deal is close, as in by the end of September..

I think your fairly accurate with your cash burn rate, though that’s up for debate? But let’s be realistic nobody waits until there’s no money left in the purse before raising funds..

I don’t want to speak for others here, but I get the feeling that if something is not delivered later this year, then a few of us will move on?

For me personally I think it’s a £2.36 party or it’s move 90% ish of my holding by Christmas…. Whatever happens I will go to my grave with a few Val share, for sentimental reasons…

All said, I am extremely confident that we will get a deal this year…

Suzy said, this is going to be a blockbuster year! I have put my trust in her hands

The year is fair from over.

ATB
OB :)

Evening

Should we not get good news by Xmas…then I am wrong……… I would then (with regret) have to seek an alternative investment :(

Personally I think I am on the money, not long to wait in the grand scheme of life really

I genuinely wish everyone invested here the very best

Hi Woodstock

Shadow stats puts inflation in the USA at 13.4% last time I looked, yes I remember having a 15% mortgage… at one point in my life after all the bills were paid we had £2,50 a week spare!!! Not easy with a house, 3 children and a dog…. We were lucky really.

Having dry powder is a good idea, but the trouble is your cash is being devalued at 13.4%..

I’m of the same impression as you 100% we are headed for the worst economic downturn in living memory, the velocity of money has started and now we are out of lockdown that will increase, inflation will go up and up, then comes the interest rate rises….

We are in a fake boom at the moment IMO, I have invested very heavily in precious metals, and are stored with BullionVault, (physical and fully allocated in my name)

I also have shares in 3 companies that I believe would be largely unaffected by any downturn, well at least that’s the plan….

I have also de-risked my personal pension, oh and just for a laugh I have purchased a little crypto lol

I do like to hear other people’s strategies?

ATB
OB

Did somebody say they need an injection of positivity…….. cast your minds back, why did you invest in the first place?

Hold on to that thought…. Sweet dreams :)

I believe we are close to big news…. Late September at the latest…. Not long to wait imo

OB

Evening Woodstock, Bradley and NB

Agreed Woodstock 8p would be a fair price ATM, but the market doesn’t agree…. Yet!

The Bank of England have been sending bank bail in template’s out?

Make of that what you will….

Sorry folks

Was nice to converse with real people, back to SNG…

Looking forward to tomorrow:))

OB

Well nessab

I wish you all the best, I really do x

Take care
OB

Nessab

Some folk have easier paper rounds than others, lol

I had my kids early, and have worked and played hard… I’m a chippy by trade and I’m getting to the point that I have had enough of working for a living..

Time to put ones feet up soon, hopefully:)

Cheers… but feels well over half way..

Tell you what, if we are millionaires tomorrow I will treat you to a slap up meal and lots and lots of good wine…

Antofelli

Just had my 50th so that’s it, game over! …all down hill now, lol

Be good chap we will be millionaire’s in the morning, apparently;)

ATB
OB

Some good posts today, I would like to think I’m as loyal as a jack Russell terrier, however even jack Russell’s don’t last forever… :(

On a positive note this does feel like the calm before the storm, anyone else have the same feeling?

OB

Tomorrow is the day. Enjoy!

What backs this up i here you say?

8 pints lol

I will keep my fingers crossed but won’t hold my breath, but one day (thumbs up)

How’s you Antofelli, I hope life is treating you well?

OB :)

Looks like Dmtr is going for the “go to”…. Clever, slow but very clever!

Think all those bright young minds growing up with this…

Really good RNS, I’m not bothered if the SP rises or falls at this moment in time, however give this baby a couple of years to mature and become relied upon.

I’m keeping the faith, no sleepless nights for me :)

Evening iceman,

Please repeat after me, The old “one trade” is a crock of s#1t…

We need to stop clutching at straws and wait patiently for the VERY long awaited good news, then comes the £2.36 party, and the guest of honour will be Suzy…

Iceman, mine will be a very dry white wine with soda and lots of ice ;)

That made me smile rb

Very well played indeed :)

Funny enough Portugal is our no 2 choice after Greece, if this baby comes to fruition it would be sooner rather than later… (fingers crossed)