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alec86

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Posts posted by alec86

  1. yeah my first proof, when I ordered they only had 4 sov's in stock so wasn't expecting anything great, but it must of just been the luck of the draw. plus only 7,500 minted which is cool, like i said its not in the best shape but I wasn't expecting them to be just well chuffed and will defo be doing the HGM sovereign lucky dip again lol  :)

  2. "To read the whole article, subscribe or log in"

     

    What lurks behind the pay wall dude? Wanna give us cheap skates a summery? :D

     

    Im not subscribed to it, and now I get the same message,

     

    BUT i still had the link open so C&P it for you 

     

     

     

    NEW YORK—Gold and silver prices rose to a two-week high on Friday as a rush by investors to cover bets on lower prices accelerated a rebound in both markets.

    Gold for December delivery, the most active contract, rose $24.10, or 2.1%, to settle at $1,185.60 a troy ounce on the Comex division of the New York Mercantile Exchange. This was the highest settlement since Oct. 30. Silver for December delivery rose 4.4% to $16.314 a troy ounce, also the highest settlement since Oct. 30.

    Gold fell in morning trade, luring some price-sensitive buyers into the market, but the modest rebound quickly turned into a surge. As prices crossed above $1,160 an ounce, bursts of high-volume trading indicated that stop-loss orders were triggered, said Thomas Capalbo, a broker with Newedge in New York. These automatic buy orders are designed to limit losses by closing out a bearish position if the market moves above a predetermined price level.

    “Everyone is looking at the same charts and the same indicators so people are going to put their stops in the same places,” Mr. Capalbo said.

    Gold prices have been moving lower for several weeks, and some investors were choosing to lock in gains on their bearish bets ahead of the weekend, said Bob Haberkorn, a senior commodities broker with RJO Futures in Chicago.

    “You have two days when the markets aren’t going to be open, and people are hesitant to keep large positions open in case something happens,” Mr. Haberkorn said.

    Other bearish traders were likely forced to close out their positions before their losses stacked up too high, he said.

    Moreover, next week is due to bring a string of U.S. economic data and the release of the Federal Open Market Committee’s minutes from its October meeting, giving investors fresh insight into the Federal Reserve’s October monetary policy decision. Gold doesn’t earn interest and costs money to store, making it unattractive should the Fed begin raising interest rates.

  3. :o  I think i would feel the same if they had sent me that to, it looks like sh*t, the one I ordered came today to but mine came in a screw casual like kman's and looks alright, sorry to hear you got shafted with that one, it should have gone in with the best value pile... 

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