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CaptCaveMan
Reputation Activity
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CaptCaveMan reacted to Shuaib121 in Gold Monitoring Thread £ GBP only
@ChrisSilver the cheek of this wrongun, I’d up his platinum price.
£1,874.08
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CaptCaveMan reacted to Gruff in Gold Monitoring Thread £ GBP only
Nope, mine's working fine. Reach out to Chris and ask if there is a backend problem
No @James32 I didn't say rear end, I said backend!
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CaptCaveMan reacted to James32 in Gold Monitoring Thread £ GBP only
Ouch, so she's a munter?
@katyc you're out.
@CazLikesCoins helllllo
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CaptCaveMan reacted to katyc in Gold Monitoring Thread £ GBP only
While there's fair reason to believe USA won't bring rates down soon (because inflation is so high and everyone is buying shares, blindly jumping on the bubble wagon making everything look rosy), the gov's own debt is costing crazy money (1 trillion) - they really need rates to come down. So it's difficult to predict. Rate drops will cause a boost in lending, then boom the economy, hence further explode inflation. So then they may put rates UP - and then we have the 1970s situation (where gold - and especially silver) absolutely crash medium term (liquidity crisis), but then they will explode to the moon, the sun, then a galaxy far faaaarrrr away.
That situation could happen over months - possibly even years.
But who knows what could happen in the meantime? Oil could easily double with current world nonsense, which would cause a very quick, severe hike to inflation, which would be guaranteed to lead in to recession - probably a depression - with rate drops and gold mooning much sooner.
Or banks collapse and everyone panics....
Or the USA finally tell the truth about job numbers (and stop counting one person with 5 jobs to make ends meet = 5 employed people). That boils my p*ss that one!
and so on...
Whatever happens the only way is up for gold over the long term. The whole world is one giant cluster f... and there's only so long you use Polyfilla to hide a crack in a dam.
Long story short: I have no clue. But moon is coming either way!
If you made it this far. Congratulations.
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CaptCaveMan reacted to JamesH in Gold Monitoring Thread £ GBP only
Payday and bonus time tomorrow. I feel a golden shopping spree in my immediate future!
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CaptCaveMan reacted to SilverDrum in GOLD DEALS - (UK & Europe) See a deal, post it here
Rather get this. If you know, you know. @GoldDiggerDave
https://www.royalmint.com/shop/ancient-historic/trial-of-the-pyx/2022-UK-Gold-Proof-1p-Definitive-Coin/
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CaptCaveMan reacted to SidS in Gold Monitoring Thread £ GBP only
Double reported, we won't have any of the s**tcoin here thank you. 😁
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CaptCaveMan reacted to Paul in Gold Monitoring Thread £ GBP only
Honestly, I go away for a few days for some whippet pie and gravy and leave you guys in charge of the thread
And look what happens to the price of gold, it's all gone to tits
Yous lot couldnt be trusted to run a bath
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