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Posts posted by 5huggy
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Just now, Tangomachine said:
@Alun's boxes are awesome! 👍
Nice catch-up start ! (not sure which way round that should be - 😉🤣)
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16 minutes ago, Wonger said:
Takes both sides to make a market and I think its about to fall off a cliff 😉
So get ready everyone - to back up the "TRUCK" and load up on cheap Gold! 😉👍
- Wonger and MetalMandible
- 2
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6 minutes ago, Wonger said:
Lets hope it does not go "MASSIVELY" down soon when Trillions of Debt defaults cause Currency supply destruction and Deflation! 😉
NOW that's a VERY VALID point @Wonger - 👍
but as you are no doubt aware - if that scenario presents and value falls sufficiently - it will ALREADY be a "BUY" signal for those with Currency aplenty -
So goes back up from "elites " purchasing 😉👍
ALL IMHO! 👍
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10 minutes ago, Wonger said:
Gold in GBP is lower than 2 months ago! 😉
BUT !
MASSIVELY UP from 5 years ago! 😉👍🤣🤣🤣
- MancunianStacker and KRO
- 2
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Check through this list we already have on TSF - - > >
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Welcome aboard TSF - best place to be, for knowledge , advice and fun in the PM world
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NOW - Thats what you call a "BREAKOUT!"
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- jultorsk and Spanishsilver
- 2
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1 minute ago, Wonger said:
Shorting more Gold futures here $1791
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@dom555 - Congratulations - -
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8 hours ago, SilverSeekerNewbie said:
WOWWWWWWWWWWWW Unbelievable!! 😍
I have never ever won anything and then win this!!! OMG you all are the greatest. I love reading everything on this forum.
You all are the best!!
Shout out to everyone on the forum 👍
Congratulations - @SilverSeekerNewbie
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Chaos in Gold Markets Ripples to Other Precious Metals
By
Justina Vasquez
2 July 2020, 22:10 BST Updated on 3 July 2020, 05:00 BST
The chaos that engulfed the gold market in March as the global pandemic choked off physical trading routes is rippling through other precious metals, resulting in price dislocations and a surge in exchange inventories for silver and platinum.
The gold market was thrown into turmoil in March as lockdowns grounded planes and closed refineries, leading traders to worry they wouldn’t be able to get gold to New York in time to deliver against futures contracts. That caused futures, which typically trade close to the London spot price, to soar to a premium, inflicting losses on banks that struggled to close arbitrage bets and spurring them to shift some positions out of New York futures.There are signs that the dynamic isn’t limited to gold. Silver and platinum futures have traded at elevated levels relative to spot metals since early April. And as in the case of gold, the premiums are spurring big increases in on-exchange inventories in New York.Video and whole article here - - >>https://www.bloomberg.com/news/articles/2020-07-02/spread-blowout-that-jolted-gold-ripples-across-more-metals -
Gold Monitoring Thread $ (USD) only
in Gold
Posted
LOOKs like wonger could be right 😉
serious attack to lower price of "spot" this morning!