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RDHC
Reputation Activity
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RDHC got a reaction from JamesH in 2017 one ounce gold Red Dragon of Wales
Excellent bullion condition Queens Beast. Dealers sell this - if they have one in stock at all - from £2300 upwards. I can offer mine at £1895 incl. RMSD, but only for a short time, otherwise it goes to Atkinsons (probably). If interested, please PM me and do not reply here. Photos now shown below.
Thank you for reading this.
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RDHC got a reaction from 9x883 in 2017 one ounce gold Red Dragon of Wales
Excellent bullion condition Queens Beast. Dealers sell this - if they have one in stock at all - from £2300 upwards. I can offer mine at £1895 incl. RMSD, but only for a short time, otherwise it goes to Atkinsons (probably). If interested, please PM me and do not reply here. Photos now shown below.
Thank you for reading this.
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RDHC got a reaction from WolfStacker in 2017 one ounce gold Red Dragon of Wales
Excellent bullion condition Queens Beast. Dealers sell this - if they have one in stock at all - from £2300 upwards. I can offer mine at £1895 incl. RMSD, but only for a short time, otherwise it goes to Atkinsons (probably). If interested, please PM me and do not reply here. Photos now shown below.
Thank you for reading this.
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RDHC got a reaction from GSS in 2017 one ounce gold Red Dragon of Wales
Excellent bullion condition Queens Beast. Dealers sell this - if they have one in stock at all - from £2300 upwards. I can offer mine at £1895 incl. RMSD, but only for a short time, otherwise it goes to Atkinsons (probably). If interested, please PM me and do not reply here. Photos now shown below.
Thank you for reading this.
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RDHC got a reaction from Spyder in 2017 one ounce gold Red Dragon of Wales
Excellent bullion condition Queens Beast. Dealers sell this - if they have one in stock at all - from £2300 upwards. I can offer mine at £1895 incl. RMSD, but only for a short time, otherwise it goes to Atkinsons (probably). If interested, please PM me and do not reply here. Photos now shown below.
Thank you for reading this.
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RDHC got a reaction from SovereignStacker4 in 2017 one ounce gold Red Dragon of Wales
Excellent bullion condition Queens Beast. Dealers sell this - if they have one in stock at all - from £2300 upwards. I can offer mine at £1895 incl. RMSD, but only for a short time, otherwise it goes to Atkinsons (probably). If interested, please PM me and do not reply here. Photos now shown below.
Thank you for reading this.
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RDHC reacted to GoldDiggerDave in What might the gold price be in four years time in 2026?
The pitfall I see in stackers they wish and pray gold will go up and it always does……they can’t work out why they are getting progressively poorer.
Yay! Golds gone up…….a jar of coffee in 4 years will be £12 and your gas and electricity bill will be 7 ton per month.
Gold will not make you rich it’s preserves the wealth you invest.
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RDHC reacted to Agaupl in Gold Monitoring Thread £ GBP only
The Turkish vote today says different ! Beginning of the end for Erdogan
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RDHC reacted to HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only
We'll have to agree to disagree on that. In the west we have all our problems shoved in our faces, people can say whatever they want. If the restrictions on free speech and movement of people were lifted in China today, there would be civil war tomorrow. China is sustained by draconian levels of suppression and military force. Russia is somewhere in between China and the west. They allow some dissidents to survive but any who get too big are dealt with in the harshest possible terms. Both the Russians and Chinese know they wouldn't last a day if their populations were granted western freedoms
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RDHC reacted to Zhorro in Gold Monitoring Thread £ GBP only
Good question!
As far as I can tell:
1) Expectation of interest rates coming down? So, gold up? But of course gold was not this high when interest rates were really low.
2) Higher oil prices are pushing up the expectation of inflation? If this is the case, then interest rates are not going to come down? Contradicts 1) above!
3) De-dollarization - so no real incentive for China to sell its gold. Does China really want to sell gold and buy dollars? Other countries are also wanting financial independence following the way the dollar was weaponised against Russia.
4) Countries that hold large amounts of their reserves in dollars are starting to worry about the rate of increase in US Government debt - and so may be diversifying.
5) Anticipation of possible turmoil in the run up to / following US (and UK) elections?
I'm sure there are other reasons as well.
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RDHC reacted to Paul in Gold Monitoring Thread £ GBP only
I must express my profound gratitude for your engagement with the intricate tapestry of discourse regarding the dynamics of gold within the contemporary economic milieu. Your query, albeit succinct, resonates deeply with the perennial enigma that is the trajectory of this noble metal.
In contemplating the nuanced interplay of market forces, historical precedent, and speculative fervor, we are compelled to navigate the labyrinthine corridors of conjecture with a sense of humility and reverence for the complexity of the forces at play. It is within this context that your inquiry, encapsulated in the succinct vernacular of "Wen moon? Asking for a bert," assumes a significance that belies its brevity.
Indeed, the quest for lunar ascendance, metaphorically speaking, speaks to the universal yearning for prosperity and abundance. Yet, in the realm of commodities such as gold, the journey to such celestial heights is fraught with the vicissitudes of supply and demand dynamics, geopolitical tumult, and the capricious whims of investor sentiment.
To directly address your inquiry with a definitive prognosis would be to traverse a treacherous terrain fraught with the peril of oversimplification. Instead, let us embark upon a voyage of contemplation, wherein we meditate upon the dialectical tension between optimism and caution, buoyancy and gravity, aspiration and realism.
For, in the grand theatre of financial speculation, the question of "Wen moon?" must be met with the wisdom of the ages, the circumspection of the sage, and the humility of the seeker. It is a question that transcends mere temporal concerns, beckoning us to probe the depths of human psychology, economic theory, and the ineffable mysteries of the cosmos.
So, my esteemed interlocutor, let us embark upon this odyssey together, guided not by the narrow confines of linear prognostication, but by the boundless expanse of intellectual curiosity and the eternal quest for enlightenment. In doing so, we may find that the answers we seek lie not in the destination, but in the journey itself.
In conclusion, as we gaze upon the firmament of possibilities, let us not be hasty in our quest for certainty, but rather embrace the uncertainty that is the essence of all great endeavours. For it is in the crucible of uncertainty that the alchemy of wisdom is forged, and it is through the crucible of dialogue that our understanding is refined.
I think that clears things up once and for all
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RDHC reacted to Anteater in Gold Monitoring Thread £ GBP only
I wasn't comparing the UK to anyone else - I just don't think it's a fair representation to say that we got money from the EU budget as a net contributor.
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RDHC reacted to SidS in Gold Monitoring Thread £ GBP only
I did sell, in 2009-2010, I sold the lot. Only kept the silver... I should have sold the silver and kept the gold I suppose, but hey ho. 😁
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RDHC got a reaction from Charliemouse in Microscope Photos: 1980 and 2021 Proof Quintuple Sovereigns
Fascinating stuff. Thank you.
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RDHC reacted to Britannia47 in Gold Monitoring Thread £ GBP only
Just been looking at the beginning of this topic by @Paul when gold was between £700 & £800! I joined in 2018 when an ounce was still below £1000, and a good time to fill your boots.
Next month is the 10th anniversary of TSF - Has anything been planned? Perhaps free silver rounds for long serving members?😁 Ha, Ha. This all started by monitoring Silver, not Gold!
When I started in 1997 Sovereigns were £45/50 and a 1oz for about £200, so the increase has been about x8.
I know that inflation has eaten away at the spending power of any profit made, but it’s better than nothing.
Good-luck for all members who are holding gold for the medium to long-term…..
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RDHC reacted to Charliemouse in Microscope Photos: 1980 and 2021 Proof Quintuple Sovereigns
St George's face. Again, which you prefer is subjective. There is definitely not the same obvious quality drop that there was with the full sovereigns in the other thread.
The 1980 again is coarser, but the figure is 'rounder' and more 3 dimensional (curved in relief). The 2021 has obviously been redesigned to be flatter, fewer curves, but with finer grain.
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RDHC reacted to Charliemouse in Microscope Photos: 1980 and 2021 Proof Quintuple Sovereigns
Link to the other thread.
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RDHC reacted to Spyder in Gold Monitoring Thread £ GBP only
Gold is for saving by individuals and governments around the world. Silver is an industrial metal like copper thus it can not be allowed to get too expensive as all electronics would cost too much for anyone to buy. Anyone who thinks silver will go to the moon is living in cloud cuckoo land.
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RDHC reacted to cliveb13 in Gold Monitoring Thread £ GBP only
Surely this is merely a commentary over something over which we have no control, but do have an interest in.
no need to be intentionally rude to members on TSF
c
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RDHC reacted to silversky in Gold Monitoring Thread £ GBP only
I stopped reading it as soon as I recognised the smell of Chatgpt. But I recognise that it's like a parody on the negativity surrounding gold in certain circles. But it could equally serve as a parody on the fallibility of chatGPT. It can sound persuasively authoritative, while being totally and completely wrong...
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RDHC reacted to Ted1945 in Gold Monitoring Thread £ GBP only
Gold purchases can be for a number of reasons, including and in no particular order , savings outside bank or other scrutiny and control, benefits arising from capital gains tax exemption and if bullion ease of liquidity, an interesting pastime where you can meet like minded individuals and in some instances take a major dislike too, the opportunity to lose money on RM proof issues that are becoming daily and general collecting amusement
am sure more sensible reasons exist but there’s a couple for you
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RDHC reacted to treetop1280 in Gold Monitoring Thread £ GBP only
I’m confused ( no surprise “ so gold has gone up say 15 % in the last 2 years ( ish maybe) but everything else has gone up more , cans of soup , cars , paint pencils, etc , isn’t it just price rises like everything else , surely the only half decent profit , or gains to be made is if you bought say , 10 years ago , so is the idea of buying gold is for many years down the line ???? I’m still struggling to work out if you buy a ounce for x amount of pounds , then wait a year you might only make £50 , feel free to educate me ??? Or give me a bollocking, ???? Kind regards Ashley
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RDHC reacted to HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only
Traders are betting on the opposite (they're betting on a more hawkish Fed). Last time I posted I was complaining about said traders who predicted a rate cut in March, which was never going to happen. That didn't stop them briefly weighing on the price of gold and silver. A similar thing could be about to unfold as the traders who were betting on March moved to May. Now the can has been kicked until June at the earliest (55% chance of cuts) from May (9% chance of cuts). Sorry, my bad, in the last 5 minutes the May odds have dropped to 5.8% for rate cuts and the June odds have increased to 60%:
CME FedWatch Tool - CME Group
There could possibly be a buying opportunity in the summer depending on how the rate cut winds blow, the summer being the seasonally low period for metals (thanks to @Bumble for the chart):
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RDHC reacted to James32 in GOLD DEALS - (UK & Europe) See a deal, post it here
That's an awful assumption...
Anyone need coronation sovs?