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Post by d_saver on Mar 10, 2017 12:24:00 GMT
I would not normally invest in the non-property ones, but real gold bullion is almost as good as property to me Think this one is worth a punt. #25 limit though. 35 Gold coins at 7.31 grams of gold per 7.98 gram coin = 31.7 * 7.31* 35 = #8,110.44 = %61.65 LTV At today's price. If it defaults, can I have the coins please? And, why has the pound sign disappeared from my keyboard!
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archie
Posts: 1,866
Likes: 1,861
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Post by archie on Mar 10, 2017 12:40:45 GMT
Have mine £
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
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Post by ozboy on Mar 10, 2017 16:40:56 GMT
Shame it's £25 limit, I'd have scooped the lot!
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n
Member of DD Central
Yet another Nick
Posts: 882
Likes: 461
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Post by n on Mar 10, 2017 16:55:14 GMT
Good job it's £25 limit, ozboy would have scooped the lot!
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,334
Likes: 11,558
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Post by ilmoro on Mar 10, 2017 17:08:02 GMT
Assuming he logged in early
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vmail
Open image in a new tab.
Posts: 457
Likes: 217
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Post by vmail on Mar 10, 2017 17:52:17 GMT
I would not normally invest in the non-property ones, but real gold bullion is almost as good as property to me Think this one is worth a punt. #25 limit though. 35 Gold coins at 7.31 grams of gold per 7.98 gram coin = 31.7 * 7.31* 35 = #8,110.44 = %61.65 LTV At today's price. If it defaults, can I have the coins please? And, why has the pound sign disappeared from my keyboard! Brexit and the new 12 sided coin
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Post by d_saver on Mar 10, 2017 19:00:52 GMT
Yep - Not sure you can go too far wrong with gold these next 6 months when at a 40% discount. I reckon this is one of the most secure assets I've bid on!
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maxmarengo
Member of DD Central
Posts: 96
Likes: 28
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Post by maxmarengo on Mar 11, 2017 12:16:36 GMT
Out of interest, how long do you expect the auction for this to be open with the £25 limit - minutes? hours?
I am new to this platform.
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Post by fundingsecure on Mar 11, 2017 12:46:07 GMT
max,
With the £25 limit in place the loan was completely funded within 1 hour and 20 minutes.
FS
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maxmarengo
Member of DD Central
Posts: 96
Likes: 28
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Post by maxmarengo on Mar 12, 2017 9:44:24 GMT
max, With the £25 limit in place the loan was completely funded within 1 hour and 20 minutes. FS Thanks. That's helpful for me as I increase my investments. £5,000 of a "desirable" loan at £25 limit means 200 bidders.
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Post by d_saver on Jul 11, 2017 9:04:53 GMT
Just repaid. I loved this security...
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