negative interest rates

Money, investing, mutuals etc
pabenny
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Re: negative interest rates

Post by pabenny » Mon Mar 01 2021 9:24am

pabenny wrote:
Sat May 30 2020 10:53am
planteria wrote:
Fri May 29 2020 8:59am
so..
i'd be prepared to bet that Gold is higher priced, in pounds, a year from now than it is today?
You're on.

The price quoted on gold.co.uk is around GBP1400. I bet you one imutual share that it's less than that on 1 June 2021.
Update with three months remaining: This morning, gold is quoted by gold.co.uk at GBP1,255.

That fall is almost entirely due to the strengthening of GBP against USD. The USD price is almost exactly the same today as it was on 1 June - although it has been considerably higher over the last nine months.
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planteria
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Re: negative interest rates

Post by planteria » Mon Mar 01 2021 5:58pm

ah so you're winning so far. £150/oz in a whole quarter is doable though.
and you were wise to swerve my XBT 'double or quits'.. x5 from that point.

Sarah
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Re: negative interest rates

Post by Sarah » Fri Mar 26 2021 1:06pm

Sarah wrote:
Wed Sep 16 2020 12:36am
New 1.2% easy access account with Skipton BS:
https://www.skipton.co.uk/savings/easy- ... onus-saver
Sadly cut to 0.65% from 17 March; the headline rate didn't last the whole introductory year! :(

It's nevertheless still a leading rate for an easy saver account.

pabenny
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Re: negative interest rates

Post by pabenny » Sat May 01 2021 11:13am

pabenny wrote:
Sat May 30 2020 10:53am
planteria wrote:
Fri May 29 2020 8:59am
so..
i'd be prepared to bet that Gold is higher priced, in pounds, a year from now than it is today?
You're on.

The price quoted on gold.co.uk is around GBP1400. I bet you one imutual share that it's less than that on 1 June 2021.
With a month to go, the price quoted on gold.co.uk today is around GBP1280.
Thanked by: blythburgh

pabenny
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Re: negative interest rates

Post by pabenny » Tue Jun 01 2021 6:18am

pabenny wrote:
Sat May 30 2020 10:53am
planteria wrote:
Fri May 29 2020 8:59am
so..
i'd be prepared to bet that Gold is higher priced, in pounds, a year from now than it is today?
You're on.

The price quoted on gold.co.uk is around GBP1400. I bet you one imutual share that it's less than that on 1 June 2021.
Here we are, 1 June 2021. Gold price quoted on gold.co.uk is GBP1343.
Thanked by: blythburgh

planteria
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Re: negative interest rates

Post by planteria » Tue Jun 01 2021 10:29am

ah so gold is down on the year? how do i transfer an imutual share to pab?

thankfully my Newmont share is up nicely over the year so that'll just about cover it.

pabenny
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Re: negative interest rates

Post by pabenny » Tue Jun 01 2021 2:00pm

I'd take IDR 1 instead. Although that maybe an overvaluation of my share.

planteria
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Re: negative interest rates

Post by planteria » Wed Jun 02 2021 10:47am

i don't know what you mean, sorry

Sarah
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Re: negative interest rates

Post by Sarah » Wed Jun 02 2021 10:50am

1 Indonesian Rupiah? (approx £0.000050)

planteria
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Re: negative interest rates

Post by planteria » Wed Jun 02 2021 10:55am

oh i see.. i didn't know Pab was from the Sunda Islands

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