HawkHybrid

won't any cheap metal(eg iron) plated in gold work?

it's a prop so only needs to look/sound like the real thing.

size wise you can make it a bit bigger than the real thing and get 60% of the correct weight.

how many people can spot the difference at a distance?

HH

6 minutes ago, CollectorNo1 said:

It's 109 years old.....got to expect ware and tare.....if I was that old..a few marks on my skin....I'd take that 😆😆

you need skin care tips from the immortal jellyfish,... we all do 

HH

I vote specific gravity test.

(it's affordable without the need to strain your eyes)

HH

26 minutes ago, CollectorNo1 said:

So???? Real or fake in Your opinion??????

my guess is it's real. (or at least it contains the gold)

the heat might have been applied as a test for it being plated.

HH

I get the impression that the details seem rounded off. as if it went through heat like

partially melted chocolate. the holes in the B.P. looks completely filled in.

I believe applying heat might also explain the scrunching effect seen near the dragons neck

(after it cools)

HH

32 minutes ago, Tortoise said:

I was watching the news on Bloomberg today and to paraphrase them a little they said the rise in inflation in the EU made inerest rate rises more likey, or sooner, so an asset that doesn't pay interest (Gold) is relatively speaking, less attractive, so the price may be weaker.

this bloomberg person has it wrong. high interest rates in 1980, what happened to the gold price?

pick any hyperinflation historic scenario, what happened to the gold price in the local currency?

gold doesn't pay interest versus higher rates is an irrelevant argument. those that propose it,

haven't read enough case studies to recognise this.

HH

the opinion was referring to your 'buy'(I should have been clearer with the quote)

my opinion is that it should be a hold.

I'm not predicting 0% volatility. I believe there is every chance of the price drifting lower over the next

few years. if you can pick your timing, why buy now?

HH

22 minutes ago, Spark268 said:

 

In the short term there's always times to buy hold and sell. Currently it's buy given its recent relative underperformce.

that's a matter of opinion.

gold prices fell for 20 years between 1980-2000 in order to lead up to the bull market that resulted in the 2011 peak.

we've only had 10 years of falling gold prices. more years to come before it gets better is not impossible.

it took gold 27 years to get back to it's 1980 peak. people who don't look at the multi decade charts might be missing

the bigger picture.

gold reached a low of $280 in 1980-1985. then it flapped around for another 15 years before reaching it's low in 2000

of $250(~12% lower than the 1985 low). who is to say that it can't go broadly horizontal for years before beginning the

next up move?

HH

15 minutes ago, Coverte said:

I am not expeting immediate results, simply stating the fact, like it or not, we live in a digital world and gold is the most analog asset that exists, all PM's.

the fact is that gold is currently doing exactly what it's supposed to do.

HH

18 minutes ago, Coverte said:

Unfortunately, in this digital investment world, gold, a very anolog investment/store of wealth, is not currently doing its job very well compared to its much longer back historical performance/s - but, I fully expect that to change, and in the not too distant future.

gold is performing in line with what is 'realistically' expected of it as a long term store of wealth.

the s&p500 took 13 years to move higher from it's dotcom high in 2000.

those who expect results immediately will be disappointed. 2011 ended a gold bull run within a multi decade

cycle. it's going to take time(decades) before the next peak occurs.

HH

54 minutes ago, Uksilverstackers said:

Just an observation for today.....

2021
31 Aug - European CPI (Y/Y Aug)  3%

31 Aug - Gold - £1316

2020
31 Aug - European CPI (Y/Y Aug)  -0.2%

31 Aug - Gold - £1470

 

market price is based on momentum and not news.

similar to how the hottest time of the day is not noon(sun is closest) but around 3pm.

HH

I've never gone over 2 toz, mostly because my simple digital scales only goes up to 100g 

with pm's you can have an impressive sized item with few people to show it off to.

it's just more practical to stick to the smaller sizes of about 1 toz.

HH

1 hour ago, oldschoolsilver said:

It's a dubious line... I'm still keeping an eye on it though

trend lines are only useful when the markets are clearly trending.

consider applying/learning elliott wave theory. it takes some time to learn but should be quite

good if you combine it with divergence analysis.

HH

20 minutes ago, LawrenceChard said:

Probably less than a week! 🙂

you should buy more on the dips 

similar to 2012, you probably still need stock for trading even on falling prices.

HH

On 13/08/2021 at 18:40, LawrenceChard said:

The last time you said I was wrong, I asked you to explain, which you failed to do, but now you are repeating the same unfounded and inaccurate claim, and will probably again fail to explain.

Actually I probably got it wrong last weekend, in your terms. As I said in an earlier post 

 

By luck or good judgement, we held off our daily top up buying of new bullion coins late last week, so instead of buying silver based on £18.50+, when we resumed early this week, we were buying based at spot prices under £17 per ounce. This also applied to gold bullion, where prices dropped from £1300+ to about £1250 per ounce, although gold has now recovered some ground and is currently over £1270 per ounce.

Since then, we bought about 620 ounces of gold, and 14,000 ounces of silver.

I have not bothered to work it out, but at a quick guess, we saved or made about £30K on the gold and about £20K on the silver.

I'm looking forward to the next time I am wrong. 😎

 

P.S. A slight apology is perhaps due. My comments and actions mentioned above were all done while thinking about P.M. prices in sterling. I just noticed that this topic is for monitoring gold prices in U.S. dollars only. My excuses are (1) that I tend to think in English, and (2) that I was primarily responding to a tagged mention, and did not see the topic heading until a few hours later. 🙂

out of curiosity, would the gold that you bought after the drop last for 2 months worth of trading?

would it last for up to 9 months worth of trading?

HH

9 minutes ago, oldschoolsilver said:

Is this the best place to post technical analysis? 

What do you think of the idea of not drawing lines to what you believe are statistical outliers? The chart below shows a dubious support line connecting the low in Nov 2008 and the low in Jan 2016 ignoring the flash corona virus low in march 2020. I quite like this line as the price action has used it as support and resistance and few times, as well as break out and break up points. There is confluence with the EQ of the parallel trading range showing that the price could touch $20 before making the big decision as to if it will break down up or significantly. Personally I'd bet on a break up due to the crazy money printing, though I am biased with PM's.

The EQ of this parallel range has been definite resistance with the obvious break out point in July 2020, I'd love to see us come back down to test that point and hold it as resistance; which of course would be incredibly bullish.  

What are your thoughts TA heads of TSF?

 

 

  

I don't think that trend line is of any significance.

Quote

and the low in Jan 2016 ignoring the flash corona virus low in march 2020.

cherry picking to ignore data points that don't fit your trend line is usually not a good idea.

HH

13 hours ago, LawrenceChard said:

This page has a brief table: https://www.chards.co.uk/blog/density-of-gold-and-other-metals/377

I would have said that

specific gravity is how many times more dense a substance is when compared to a baseline substance(usually water)

usually

specific gravity = (density of substance) divided by (density of water)

HH

10 minutes ago, LawrenceChard said:

Are you still waiting for them to get back to you? 🙂

from memory, they never got back to me but then they probably thought I was curious but not serious about it.

HH

13 hours ago, Uksilverstackers said:

Hmmmm, PSLV has been sitting at 150,928,244oz, since July 16, not one ounce added, given all the Silversqueeze Apes supposedly buying the dip.

So maybe there are no 400oz bars to be had at current prices or there has been no buying of PSLV.

looks like someone has gone on summer holiday and forgot to pass on responsibility 

given the recent reality check in the silver price, I can't see the numbers increasing substantially.

(their customers are being duped into buying high and selling low?)

why provide updates that are more likely to decrease the hype?

they don't want to answer the question of why the numbers are going up slowly when each bar is cheaper.

HH

2 minutes ago, SidS said:

Probably a lump of gold to be honest.

then you are thinking in the past.

a lump of gold represents someone else's hard labour to get the metal in a useful form.

inheriting it, you can spend it or leave it as an heirloom. but you have no way of expanding it.

a comparable understanding of gold allows you to secure any gold you come across in your

lifetime and add to it when possible. the work is not done but the world is your oyster.

compare: give a man a fish and he might be fed for a day, give a man the ability to fish and

he might go fishing every day.

HH

3 hours ago, SidS said:

To answer your question I'd like my country to be proud of its heritage, and invest in its companies and actually manufacture and make things. You know the days when you could say 'made in Britain' and actually be renowned and respected for it (like German cars, French wine and cheese), and not like British Leyland.

Is that so wrong?

which would you rather inherit?

1. a lump of gold

2. a comparable understanding of gold

'made possible by britain' is so much better than merely 'made in britain' ?

almost anybody can copy a design but there is something special about the original pioneers of a design.

HH

maklouf is proof sovereigns only.

HH

On 13/08/2021 at 17:45, sixgun said:

What are you talking about?
Why are you posting charts from Bullion-by-Post and talking about candlesticks?

https://www.youtube.com/watch?v=3WBuC800lLg

bullish hammer reversal only exists if a youtuber makes a video about it?

HH

2 hours ago, LawrenceChard said:

The last time you said I was wrong, I asked you to explain, which you failed to do, but now you are repeating the same unfounded and inaccurate claim, and will probably again fail to explain.

you were right. you said be wary of the hype causing higher silver price than they should be

and since you've said it the silver price has dropped by a measurable amount. this also

coincides with less pumping of the silver price via youtube,etc.

this fact in written in the pages of history. but forum members just won't acknowledge it.

black and white, plain as can be. it was another example of how ungrateful some forum

members are. you didn't have to share that data but you did. following your suggestion at

the time would have saved forum members a penny or 2.

I said that you were right, but I don't see any other forum members doing the same despite

the fact that anyone who followed your suggestion would have made money.

the proof of the pudding is in the eating.

talk about being brainwashed. people rather believe in extravagant manipulation excuses than

simply making a winning trade.

HH

16 minutes ago, sixgun said:

Kman had a signature about deflation - and some people would tell him he was wrong and that we were and are heading into inflation. It is happening right now i told him. Go look at Shadow Stats - look in your shopping basket - a member even posted some price data he had personally collected over several years. Kman was wrong. i don't know exactly why he stopped posting but he was wrong and couldn't see it.

kman was wrong, similar to how @LawrenceChard was wrong about saying that part of the silver price

was up due to hype. all the youtube pumpers were right despite the drop in the price as everyone seems

to be congratulating them on how right they are to come up with a manipulation story.

the only thing that kman was wrong about was sharing data/research with ungrateful people too blind to

see how generous he was.

HH