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Reputation Activity
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Paul reacted to Foster88 in Gold Monitoring Thread £ GBP only
@Petra I notice you use the whale emoji a lot and wondered why.
Is this the reason why you use it in the gold price thread? 😆
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Paul got a reaction from SidS in Gold Monitoring Thread £ GBP only
Trolly for myself, god knows what it costs those with a brood of crotch goblins 👺
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Paul got a reaction from stefffana in Gold Monitoring Thread £ GBP only
Is that Wongers dog 🐶 🐕?
( Asking for a friend)
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Paul got a reaction from silversky in Gold Monitoring Thread £ GBP only
Trolly for myself, god knows what it costs those with a brood of crotch goblins 👺
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Paul got a reaction from silversky in Gold Monitoring Thread £ GBP only
Is silver still £50 oz like it was promised to be in 2011
( asking for a friend)
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Paul got a reaction from Midasfrog in Gold Monitoring Thread £ GBP only
Is that Wongers dog 🐶 🐕?
( Asking for a friend)
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Paul got a reaction from James32 in Gold Monitoring Thread £ GBP only
Is that Wongers dog 🐶 🐕?
( Asking for a friend)
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Paul got a reaction from Darr3nG in Gold Monitoring Thread £ GBP only
Is that Wongers dog 🐶 🐕?
( Asking for a friend)
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Paul got a reaction from jultorsk in Gold Monitoring Thread £ GBP only
Jocasta's and Felicity's pony simply can't abide Aldi value straw, the butler told me
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Paul got a reaction from Brit2023 in Gold Monitoring Thread £ GBP only
Jocasta's and Felicity's pony simply can't abide Aldi value straw, the butler told me
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Paul got a reaction from Roy in Silver Monitoring Thread £ (GBP) only.
Speaking as an old bitter and twisted stacker, even when silver went sub £10 the price of an actual physical 1oz delivered isnt much less than today,it hasn't deviated too much at all to be fair.
If I had my stacking life again, play the silver percentages on bullionvault/gold money/ETF
Physical in UK = dead duck for common bullion
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Paul got a reaction from BLOOMMAN101 in Gold Monitoring Thread £ GBP only
Jocasta's and Felicity's pony simply can't abide Aldi value straw, the butler told me
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Paul reacted to Chronos in Silver Monitoring Thread £ (GBP) only.
Reported for causing me too much stress ...
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Paul got a reaction from Petra in Gold Monitoring Thread £ GBP only
Trolly for myself, god knows what it costs those with a brood of crotch goblins 👺
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Paul got a reaction from JamesH in Gold Monitoring Thread £ GBP only
Trolly for myself, god knows what it costs those with a brood of crotch goblins 👺
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Paul got a reaction from stefffana in Gold Monitoring Thread £ GBP only
Jocasta's and Felicity's pony simply can't abide Aldi value straw, the butler told me
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Paul got a reaction from HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only
Trolly for myself, god knows what it costs those with a brood of crotch goblins 👺
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Paul reacted to stefffana in Gold Monitoring Thread £ GBP only
Forget Waitrose, go to Aldi!
Just sayin'...
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Paul got a reaction from Sovhead in Gold Monitoring Thread £ GBP only
Jocasta's and Felicity's pony simply can't abide Aldi value straw, the butler told me
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Paul reacted to HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only
I think somebody already posted a similar article, sounds like something @Chronos would post but if you haven't already read it:
China’s updated trading rules for gold and silver squeeze speculators, but quality purchases are rising - Metals Daily CEO Ross Norman | Kitco News
The recent dip seems to have been mostly the result of hiking margin requirements in China to cool the gold market
Why would China do this? Like the Americans, they want to suppress the price of gold but for different reasons - the single largest buyer of physical gold in the world is the PBOC along with the wider Chinese financial system. They are doing this to hedge against the largest physical market in the world - Chinese real estate - and are being joined by regular citizens and businesses hedging against currency debasement and slow downs in both the real estate and manufacturing sectors.
India is also an important player with similar motivation. India + China and the wider Asia-Pacific region now account for 55%+ of global precious metals trading. When Kitco and others claim the west has lost control over precious metals pricing there's the proof, the Asia-Pacific region is driving more of the price action than the collective west combined
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Paul got a reaction from Petra in Gold Monitoring Thread £ GBP only
As we get a bigger gold spot price,
at £500oz a 3% gold move is just £15 in fiat (a take a way meal)
At £1000oz a 3% gold move is £30
At £1500oz a 3% gold move is £45 quid
At £2000oz a 3% gold move is £60quid
What was neither a nowt nor something move at £500oz is now a trolley of groceries move, yet the % change is the same
#carryOnStacking
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Paul got a reaction from katyc in Gold Monitoring Thread £ GBP only
As we get a bigger gold spot price,
at £500oz a 3% gold move is just £15 in fiat (a take a way meal)
At £1000oz a 3% gold move is £30
At £1500oz a 3% gold move is £45 quid
At £2000oz a 3% gold move is £60quid
What was neither a nowt nor something move at £500oz is now a trolley of groceries move, yet the % change is the same
#carryOnStacking
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Paul got a reaction from Roy in Gold Monitoring Thread £ GBP only
We need to stop thinking in fiat pounds and pence, when it looks like gold has thrown a wobbler and it's hell on earth if it tanks £100oz in the terms of how many freddos it will buy us
Trust the percentages, it's adjusted a few % nothing more
We are learning and experiencing 'new normals'
Stay the course, carry on stacking
Ignore short term noise in price movements
Inspirational sponsored quote brought to you today by "whippet and gravy Yorkshire pies" Est. 1819