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Coverte

Platinum Premium Member
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  • Trading Feedback

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    United Kingdom

Reputation Activity

  1. Super Like
    Coverte reacted to Petra in Gold Monitoring Thread £ GBP only   
    🤔😮someone unplug your machine😮🤔🤔
  2. Super Like
    Coverte reacted to AndrewSL76 in Gold Monitoring Thread £ GBP only   
    How does ‘right click “copy”, right click “paste”’ hurt your fingers? 
    Joking aside, I read up to about No.6 and decided to keep investing. Blood on the streets and all that.
    Will read the rest later!!
  3. Like
    Coverte reacted to Paul in Gold Monitoring Thread £ GBP only   
    1. The current price of gold seems inflated compared to its historical value.
    2. With advancements in technology, the demand for physical gold has decreased, making its current price seem unjustified.
    3. The global economic stability has improved, reducing the need for gold as a safe haven asset, thus making its high price questionable.
    4. Gold prices may be influenced by speculative trading rather than intrinsic value, leading to an artificially high price.
    5. The availability of alternative investment options, such as cryptocurrencies, may be diverting investment away from gold, making its current price unsustainable.
    6. The cost of mining and extracting gold has remained relatively stable, suggesting that the current price may be driven more by market speculation than by production costs.
    7. Central banks' policies and interventions in the gold market may be distorting its true value, leading to an inflated price.
    8. The growing popularity of sustainable investing may reduce demand for gold, impacting its price negatively.
    9. Economic indicators, such as inflation rates and interest rates, do not support the current high price of gold.
    10. The abundance of recycled gold in the market could alleviate supply constraints, thereby reducing the need for such high prices.
    11. The current price of gold may be unsustainable if industrial demand remains stagnant or decreases in the future.
    12. Geopolitical tensions, often cited as a driver for high gold prices, may not be as significant as they once were, questioning the rationale behind its current price.
    13. The rise of digital currencies and blockchain technology may diminish the appeal of gold as a store of value, impacting its price negatively.
    14. The strengthening of the US dollar against other currencies may artificially inflate the price of gold when denominated in those currencies.
    15. Market sentiment and speculation play a significant role in determining the price of gold, often leading to price fluctuations that are not based on fundamental factors.
    16. Technological advancements in mining and extraction techniques may increase the supply of gold in the future, putting downward pressure on its price.
    17. Environmental concerns related to gold mining may lead to regulatory changes that affect its production costs and, consequently, its price.
    18. The increasing adoption of renewable energy sources may reduce the demand for gold in electronics manufacturing, impacting its price negatively.
    19. The emergence of alternative stores of value, such as real estate or fine art, may divert investment away from gold, affecting its price dynamics.
    20. The shift towards a cashless society may reduce the demand for physical gold as a hedge against currency devaluation, leading to a decline in its price.
    21. The current price of gold may be inflated due to investor herd behavior rather than a rational assessment of its intrinsic value.
    22. The availability of gold-backed exchange-traded funds (ETFs) and other financial instruments may distort the true supply-demand dynamics of the gold market, impacting its price.
    23. Changes in consumer preferences towards more sustainable and ethical products may reduce the demand for jewelry, a significant driver of gold demand, thereby affecting its price.
    24. The correlation between gold prices and real interest rates has weakened in recent years, casting doubt on the traditional relationship used to justify its price.
    25. Economic recessions and downturns, often cited as reasons for investing in gold, may not have the same impact on its price as they once did, due to changes in market dynamics.
    26. The proliferation of counterfeit gold products in the market may undermine investor confidence and lead to a reevaluation of its true value, potentially impacting its price negatively.
    27. Regulatory changes aimed at curbing speculation in the commodities market may lead to a correction in the price of gold, which is often driven by speculative trading.
    28. The rise of sustainable and ethical investing may lead investors to reconsider the environmental and social impacts of gold mining, affecting its price dynamics.
    29. The perception of gold as a timeless store of value may be challenged by the emergence of new asset classes and investment opportunities, impacting its price in the long term.
    30. The increasing use of digital payments and transactions may reduce the demand for physical gold as a medium of exchange, affecting its price dynamics.
    31. Changes in consumer behavior, such as a preference for minimalist lifestyles, may reduce the demand for luxury goods like gold jewelry, impacting its price negatively.
    32. The increasing scrutiny on supply chains and corporate transparency may lead to greater awareness of the environmental and social costs associated with gold mining, affecting its price.
    33. The adoption of blockchain technology in supply chain management may improve transparency in the gold market, reducing the risk of price manipulation and speculation.
    34. The correlation between geopolitical tensions and gold prices may weaken as diplomatic relations evolve and international conflicts are resolved, impacting its price dynamics.
    35. The rise of sustainable fashion and ethical consumerism may lead to a shift away from traditional gold jewelry, impacting its price negatively.
    36. The integration of environmental, social, and governance (ESG) factors into investment decisions may lead investors to favor assets with lower environmental impacts over gold, affecting its price.
    37. Technological innovations in mining and exploration techniques may increase the supply of gold in the market, putting downward pressure on its price.
    38. The increasing use of gold recycling and reuse may alleviate supply constraints and reduce the need for such high prices.
    39. Changes in government policies related to taxation, trade, and monetary policy may affect the demand for gold and its price dynamics.
    40. The perception of gold as a hedge against inflation may be challenged by the availability of alternative inflation-protected assets, impacting its price in the long term.
    41. The increasing popularity of digital gold tokens and cryptocurrencies may provide investors with alternative ways to gain exposure to gold without the need for physical ownership, affecting its price dynamics.
    42. The integration of artificial intelligence and big data analytics in the commodities market may lead to more accurate price forecasting and reduce speculative trading, impacting gold prices.
    43. The emergence of sustainable alternatives to traditional gold mining, such as urban mining and asteroid mining, may reduce the environmental impact of gold production and affect its price dynamics.
    44. Changes in consumer preferences towards experiences rather than material possessions may reduce the demand for gold jewelry, impacting its price negatively.
    45. The growing awareness of ethical issues in the jewelry industry, such as child labor and human rights abuses, may lead consumers to seek alternative materials, affecting the demand for gold and its price.
    46. The increasing popularity of digital assets and non-fungible tokens (NFTs) may divert investment away from physical assets like gold, impacting its price dynamics.
    47. The integration of blockchain technology in the gold market may improve transparency and traceability, reducing the risk of fraud and price manipulation.
    48. The rise of impact investing may lead investors to favor assets with positive social and environmental benefits over traditional stores of value like gold, affecting its price dynamics.
    49. Changes in consumer lifestyles and values, such as a focus on minimalism and sustainability, may reduce the demand for luxury goods like gold jewelry, impacting its price negatively.
    50. The integration of environmental and social factors into investment decisions may lead to a reassessment of the true value of gold, impacting its price in the long term.
  4. Like
    Coverte reacted to Foster88 in Gold Monitoring Thread £ GBP only   
    Recently I was deleting some old photos from my phone to free up space and I found this from 2018.
    Its a screenshot from Hattons website 25/6/2018.
    I’ll leave this here to show how far gold has gone since then.
    Anyone want a ‘best value sovereign’ for £233.07?’ 😬
     

  5. Like
    Coverte reacted to Paul in Gold Monitoring Thread £ GBP only   
    C**ts of a feather. Nonce together 
  6. Super Like
    Coverte reacted to Gruff in Gold Monitoring Thread £ GBP only   
    He also quashed the investigations into Saville when he was QC
  7. Like
    Coverte reacted to Paul in Gold Monitoring Thread £ GBP only   
    Don't forget his links to the trilateral commission, he's a multiple bilderberg attendee and had connections to Jeffrey 'I really honestly did commit suicide ' Epstein 
  8. Super Like
    Coverte reacted to HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only   
    Sir Queer Starmer might not know what a woman is but he does know how to sell out the UK to Brussels. The top priority for Sir Queer is to get the UK back into the EU, who will welcome us back with open arms. It's exceedingly difficult for that to happen as the UK has signed mutually exclusive trade deals with other nations, but it's not impossible. Markets would react very favourably to the UK re-joining the EU and if that were to happen, the GBP-USD rate could revert to what it was before Brexit (1.4+). There's also a narrative that if Trump gets into power and the Fed aggressively cuts rates, that the USD will drop faster than GBP even with a Labour government
    All sounds like a good excuse to buy more precious metals regardless of how it shakes out
  9. Super Like
    Coverte reacted to HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only   
    Well who knows, historic things happened last time Trump was involved. The Fed and wider Fed banking system heavily favour the Democrats, with the possible exception of Powell himself. Last time Trump ran for POTUS and lost to Biden, the big tech and finance CEOs openly boasted about manipulating the election in favour of Biden - they de-platformed Trump and ran a propaganda campaign for the Democrats. It was the first time in the history of the United States that a VP (Kamala "The Cackling One" Harris) hadn't given a press conference prior to the election. Biden did very little public speaking too. Hmm, I wonder why? 
    When Trump succeeded Obama it was after the longest period of dovish Fed policy in living memory. When Trump got into the Oval Office the Fed immediately reversed course and went hawkish. Another historical precedent was set when Trump called out the Fed on TV over their abrupt U-turn. This pressured the Fed into going back to money printing mode
    I'll be surprised if the Fed doesn't cut rates at least twice before the election (quarter points) and it might be later than June. Powell and the Fed have tied their hands so if inflation is still above 2% and the labour market is tight, they can't cut in June without destroying their credibility (which they imagine is still in tact). Powell doesn't want to cut so he will resign first. 
    The Fed will do everything they feasibly can to stop Trump getting into the Oval Office. There's no point in them trying to hide their bias after what they did last time and their subsequent actions under the Biden Administration. Everybody knows the state apparatus in the USA is targeting Trump for political reasons, highlighted by the fact Joe Biden hasn't been arrested yet and we don't hear about Hunter, Russia and China 24/7 the way we hear about Trump's court cases
    Opinionated I know but I think it's corrupt as it gets. They don't want Trump because Trump will be anti-globalist and anti-war, hurting the prospects of America's richest CEOs who rely on China and overseas manufacturing for their operating margins (all of the FAANG+). There's the military-industrial complex who plainly want a perpetual war with Russia. There are hawks (neo-cons) who want to start a new war with Iran and who are itching to get involved with China. Trump's first move as POTUS will be to end the Russo-Ukraine war and he won't start any new wars. That is the opposite of Obama - the only person in history to win a Nobel Peace Prize and drop a bomb on another Nobel Peace Prize winner (Doctors Without Borders in 2009). It's the opposite of Biden too, under whose Administration the Ukraine war was provoked and allowed to develop, with overtures of peace declined (Boris Johnson acting on behalf of the MIC)
    The big picture is about American billionaires making more billions and the American war machine making more wars. Trump is the enemy of both and there's no limit to what they will do to stop him. As Tucker Carlson asked Trump directly to his face, "Aren't you worried they will assassinate you?". Trump should be worried IMHO
  10. Super Like
    Coverte reacted to arphethean in Postage stamps for sale. Send a lot of parcels? Make big savings on your postage and beat the price rises.   
    Discount stamps for sale! All new, unused and fully valid for postage. Use for any letter or parcel service. Postage included in prices.   Buying stamps makes so much sense! You can use them for parcels, making substantial savings compared to paying at the post offices. A special delivery usually costing £7.35 would cost you well under a fiver! Plus they add a lot of colour and interest to parcels which is a joy for your buyer and is guaranteed to make them remember you!   Or you could buy 1st class or other "non-value indicated" stamps, which are increasing by 8+% on 2nd April!   1st class commemorative gummed stamps (Currently at £1.25 face value each, and with Royal Mail price rises due in April, £1.35 each) 100 for £83 500 for £400  1000 for £780  3000 for £2300     1st class commemorative self adhesive stamps 100 for £85 500 for £410 1000 for £800     Mini Sheets containing a mix of stamps. EVERY SHEET will include a 1st class/2nd class and/or E stamp and other stamps with high values Amazing value for money at 60% of face value     Also have many denominations of fixed value stamps from 52% to 62% of face value - from 2.5p up to £2.55.  Please enquire for your specific needs.     Discount stamp labels, saving you both time and money. If you've got this far and you're interested in saving loads on parcel prices but can't be doing with the time and hassle involved in sorting, counting, calculating, licking, sticking, I have the perfect solution. I do custom-made labels, complete with the correct value of stamps for the services you use most often. There is even a tracking label and your return address on the label for total convenience. You just stick the label to your parcel, write on the address and take to the post office. Example prices: - 1st class signed for, 100g large letter: Royal Mail price £3.45. My labels for just £2.45, saving £1 every time. - Special Delivery, 100g, insured to £750: Royal Mail price £7.35. My labels for just £5.15, saving £2.20. - Special Delivery, 500g, insured to £750: Royal Mail price £8.15. My labels £5.70, saving £2.45. *please note with price rises around the corner, you should only order labels for the current prices according to how many you will use before April, or alternatively wait until new prices are announced in early March and be ready with your labels correct for the new prices.   Labels are A6 in size so will fit jiffy bags down to A000.   Minimum order of 10 labels.
  11. Like
    Coverte reacted to BLOOMMAN101 in Gold Monitoring Thread £ GBP only   
    Cocoa is the one to watch mate

  12. Super Like
    Coverte reacted to Auronum in Platinum 1oz Coins   
    I have a batch of 1oz Platinum coins available
    All have been sigma tested and all look great. 
     
    These are the ‘Noble’ Platinum coins and are dated 1988
     
    available for 815 plus post, a cheap way of buying into the Platinum market




  13. Haha
    Coverte got a reaction from Aldebaran in Gold Monitoring Thread £ GBP only   
    That's very sweet of you, the Ritz again ......... 

  14. Like
    Coverte got a reaction from RDHC in Gold Monitoring Thread £ GBP only   
    That's very sweet of you, the Ritz again ......... 

  15. Haha
    Coverte got a reaction from Gruff in Gold Monitoring Thread £ GBP only   
    That's very sweet of you, the Ritz again ......... 

  16. Haha
    Coverte got a reaction from James32 in Gold Monitoring Thread £ GBP only   
    That's very sweet of you, the Ritz again ......... 

  17. Super Like
    Coverte reacted to Chrisplym in Reduced - 2022 Memorial Gold Double Sovereign Proof Graded by NGC as PF70 Ultra Cameo   
    2022 Memorial Gold Double Sovereign Proof
      Graded by NGC as PF70 Ultra Cameo. Top Grade   Issued by The Royal Mint in memory of the late Queen Elizabeth II   First gold sovereign proofs to be issued with the portrait of King Charles III   It does not come with box or COA as came as part of a set   £1,250 plus post of buyer’s choice and risk. UK only   Now £1,200 plus post.   One and only reduction.   Payment by bank transfer or PayPal friends and family please   Thank you for your interest and please take a look at my other listings


  18. Super Like
    Coverte reacted to SovereignBull in 2023 Coronation gold full sovereigns - Reduced   
    Middle of a long month for many so funds maybe just aren’t there. Sometime better to hold then let go cheap unless you have your eyes on something with time limited availability 
  19. Super Like
    Coverte reacted to ArgentSmith in Gold Monitoring Thread £ GBP only   
    it wont ☹️
  20. Super Like
    Coverte reacted to MrStacker in Gold Monitoring Thread £ GBP only   
    I bought a couple of sovereigns mid week last week and then the following day the gold price dipped. I'm most likely going to grab a 1oz gold coin over the weekend and AGAIN most likely will witness another drop on monday. So if you want me to advise you - you can either wait it out or roll the dice and go for it. Judging from my own personal experience after every purchase: it will go down. lol
    Win win situation long term-wise
    Short term perspective: FFS!
  21. Super Like
    Coverte reacted to dicker in Gold Monitoring Thread £ GBP only   
    Got to keep paying for those Civil Servant index linked pensions….
  22. Super Like
    Coverte reacted to Petra in Gold Monitoring Thread £ GBP only   
    😮🤔I suppose at least your slabbed coins aren’t damaged when you sling em on the stash pile under the bed🤔😮😁😁
  23. Super Like
    Coverte reacted to Aldebaran in Gold Monitoring Thread £ GBP only   
    Is that all - 12.5% here 😠
  24. Like
    Coverte reacted to H9THU in 2022 Proof sovereigns - prices reduced   
    2022 proof memorial sovereign with box and certificate - Now £650 + post. 
     



    2022 proof platinum jubilee sovereign mint your own version from the royal mint VIP tour with box and certificate - Now £900 + post. 




  25. Like
    Coverte reacted to WolfStacker in 1980 KRUGERRAND 1 oz GOLD coin   
    🐺The wolf pack is selling goodies 🐺 

    1980 KRUGERRAND 1 oz GOLD coin - GREAT CONDITION
    Fineness: 22K
    Weight: 34 gr
    Pure gold content: 31.1
    Price: £1720 + postage (UK shipping only)
    The coin was bought from a reputable member of this forum, will be delivered in a capsule.

     





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