Cityman1

I wonder how many shorts will get liquidated at $30. 
Bankers crying in the streets?

Shanghai
8 Apr 2024 AM
USD 29.86

Gold's rise, banksters' cries,
their paper empire on demise.

These things are like hens teeth to find as they were only available in the 4 coin sets back in 07 & 08 which were very expensive on release.
Mintages are tiny - 250 on the 07 & 150 on the 08.
For sale:
2007 - £1150 2008 - £1250 Also open to trades for other proofs or bullion - drop me a PM.
RMSD fully insured included in the price
BT or PPF&F
Thanks for looking 👍

Yep that's a conservative estimate
We don't want speculators to become too large a force in the gold market and front-load the price action (buy the rumour, sell the news). Well maybe you do if you don't intend to buy more gold but if you're trying to DCA or save up to buy gold then we'll get a lot worse value between now and when they actually cut rates, which may not be until 2025
If the markets have priced in at least 2 cuts before the US election then if those cuts don't materialise the speculators will take their profits and gold will drop

Personally I have almost come to a halt on both au and ag. Having said that I'm in it 4 life, so even at these highs I will be buying as and when I can. 
I have mentioned before just be selective on your purchases 

Just keep buying what you can. This time next year after a year of rising prices you’ll only regret not continuing to buy gold. You may need to change your buying habits but some gold bought is better than none🤔

Watching the price go up, down and sideways in the short term got boring for me after a while.
Over the last few years I've never let an 'all time high' stop a purchase, knowing there will be a new 'all time high' at some point further down the road.
The longer I own it, the happier I am with my purchase. Now, if I can just learn to let go... 😅

Price changed to SPOT

£1,795

Great condition - lovely coin under spot. 
Postage on top (Special delivery only). 

Message me if interested. 🙂

Thanks. 

 

It's a real shame that scumbag mugabe destroyed Zimbabwe. 

It's not about gold making us rich, but rather wealth preservation against the inflated away FIAT currency. Plenty prime examples out there scattered throughout history and also in very recent times.
Weimar republic
Zimbabwe
and more recently:
Turkey
Argentina 
Venzuela

All have had steep inflation curves (read that as currency debasement curves) 

Agree 100% with your comments on the future price of gold being much higher than today. This commodity is going to continue to rise in value in my opinion, to the point where the common man will find it increasingly difficult to purchase.
Anyone who gets into gold ownership now, will absolutely see big returns in the future. As has been mentioned by other members of the forum, the smart play is to buy little and often, as much as you can afford without leaving yourself penniless.
Your future self will thank you!

Speaking of swapping to CGT free, I swapped a 20g bar +£120 for 3 sovs (a dealer friend) last week. He was up about a tenner. I've got 3 CGT free sovs. Both happy.
Bought the bar at an amazing price originally so was all worth it.

Here's the thing though and I've watched this over and over. If gold drops to £1500 on Monday ( which it won't) 95% of the members on here will wet themselves and still not buy. People talk about backing up trucks but in reality they s*** their pants and think it will keep dropping, then miss the dip altogether,.
Buy little and often, then you will hit every dip there is. Today's high will eventually be tomorrow's low.

I wish I could just keep buying, but unfortunately that’s not the case. I’ve seen these for sale at a higher price when Silver was a lot lower. 

a few years ago I didn't think a bellend cunt like Hancock could shut my local boozer  

Somebody tag @GoldDiggerDave and remind him silver isn't an investment and doesn't keep up with inflation

They are a cult, same like brickcoin or whatever, they are blind, and they can't see anything but their shiny yellow metal, my question is, what they will do after they sell their shiny for a profit? waiting another 10 years? How many of them will survive 10 years? But, after all, it's freedom, anyone can do whatever they like with their money. Amen.

£260 each plus post of your choice/risk.  Will include RMSD if all 3 purchased.
Payment by bank transfer.
Thank you for looking.

I am indeed, but I have been buying for a long time I have the luxury of cost averaging which a new stacker would not have
I remember people asking the same thing in 2011 and then panicking and selling up when it dropped £200-250 an ounce, but those same people if they had held on would be up 250+% right now, (from memory we went over £1100 an ounce and dropped back to around £750ish within a few months/couple of years)
The price when you buy only matters if your looking to make quick money, if your looking to hold, gold only ever goes one way in the long haul.  Though buying any dip is always a nice feeling  

I agree with your Portuguese bullion dealer. If and when metal prices moon all that will be offered is spot. That's fine though as you'll still have made an absolute killing
The numismatic pieces are not linked to the spot price of gold, they are a different market. I believe the super rare and desirable pieces will continue to appreciate as these are only affordable by the financially comfortable and the outright filthy rich. That demographic is getting richer by the day while the rest of us are eaten alive by the cost of living and inadequate wages that are not keeping up with inflation

Psychologically, it must be a difficult time to enter the market.
The forum began in 2014 and folk getting onboard then saw the 2011 highs and thought PMs were a bargain! Gold had fallen from £1100 to £700 and silver from £28 to £10.
It was comforting to know that the price of gold and silver had been higher before, which is not the case today.
Entering the market, and being confident in my decisions led me to (to use a BYB phrase), 'front load' my PM investment. It paid off, fortunately, but could quite easily had gone the other way.
It really has been a super hedge.
I'm still buying, not as aggressively of course, and I encourage others to keep up because the value of all fiat currencies are only, and can only, go one way.
'Keep stacking' (@sixgun 2016 😊)
 

Yes I agree.,.3 years now and gone very fast tbh. My wife is behind the long term stacking as her parents knew the wisdom of keeping gold...good to be on the same page.