5huggy

equals "TAX"!

Lol yup BBC so helpful
 
Currently dropping
Current Price £1,294.97 Week High £1,308.73 Week Low £1,214.37 Week Change £+79.12 (6.51 %)

BUMP.
 
You all know my recommendation on what to do as we see gold hitting new GBP All Time Highs: ABSOLUTELY NOTHING.
 
Sit on your hands. This bull market has many, many years to run. Go back and read the whole thread  - nothing at all has changed. We are going multiples higher, and it has very little to do with Coronavirus or whatever the scare story of the day is.
 
If you want to be one of the miniscule number of people who build long term wealth then you cannot be tempted to cash in a relatively puny 10% move. Leave that for the traders. Wait for the 500% move. That is how real wealth is made. 
 

Gold was just mentioned in the BBC News - but the price on the screen was 1633.7.  They did not state the currency, but in dollars it is currently $1673, so their figure was totally meaningless - good old BBC.

As i said we will start seeing the gold adverts - it's like 2010/11 all over again....

As anticipated - price hit the other side of my Andrew's fork and as i said i expected a pull back. There is blood in the water now. There are so many plates spinning the usual suspects don't have the ability and resources to keep them all spinning. Notice the indices are recovering as gold falls - selling one to buy the other. Oh the tears when it all finally unwinds. 
Stack your gold and stack your food - ensure you can get water and then watch the spectacle in the Colosseum. 

Panem et circenses - Bread and circus.
Nothing really changes - nothing new under the Sun.
However real the COVID-19 coronavirus epidemic/pandemic is i think it is a cover or being used as a cover for a lot of mischief. The USD- Treasury complex is crumbling - King Dollar is virtually dead and the paper palace about to be blown away by some cold winds from the East.

London Paul of the Sirius Report commented on the spike in the tonnage of the gold exports from the UK and that they equated to the alleged remaining UK reserves.
Did the UK sell the remaining gold? That spike of gold came out of someone's vault. Was this a last ditched attempt to stem the rise of gold or was the UK just skint?
Funny the BBC does a 'programme' just around the time - none of this programming occurs by accident.
One of my more grounded theories i would say.

Some pretty amusing comments indeed. Always find it interesting when something is brought to someone’s attention and they instantly have a opinion based on no fact or information.

About what I expected for a BBC article.  Roughly 25% split between clueless, bitter, Brexit and Bitcoin.

Quite amusing reading the comments section on the Beebs record gold price article.
https://www.bbc.co.uk/news/business-51612520#comp-comments-button

I thought that was members arriving to post up their offerings in theo 'for sale' section

Added 0 minutes later... There will be some short term profit taking and then a spike 

Bull run. This is panic buying FOMO. If it hits £1330 and its all out to £1400 IMHO. 

Dunno but it's not as crazy as it might sound.

Back up to £1296

Yep -the "HERD" will arrive but still early days IMHO

Latest received this week includes five of the coolest China dragon restrikes...2020 China 1 oz Silver Water Dragon Dollar Restrike (PU)...



Also, making a land speed record from the UK to the US, courtesy of our very own TSF quintessential member and purveyor of quality coins, @fehk2001...A very fine 2016 Gold Sovereign Proof in PF 69, a special issue with obverse portrait by James Butler!




And adding to the bullion Sovereigns, a great quality 2020 Gold Sovereign, also courtesy of @fehk2001! He was gratuitous enough to have procured via H&B, thus alleviating me from costing H&B spending thousands of £ in mailing me their tons of coin porn advertisements! 😁


@fehk2001 also graciously sent me a nice addition of a 1988 China 5 Yuan and a neat NGC Slab condom!


Lastly, I blew the rest of my PM budget on a 1937 Edward VIII Gold Sovereign Proof (Replica)...yes, I am an idiot!😆

Poker win again yesterday!
 
Got my hands on this beauty. 1889 Melbourne full Sovereign. Although not rare not many in this condition available at a few quid over spot. 
also added better photos of the toned half shield. 

Remind me Monday may have those libs. Not sure if I sold them yet 

Yep -the "HERD" will arrive but still early days IMHO

Yep -the "HERD" will arrive but still early days IMHO

The price also sets a new record, breaking the all-time record high of £1278.06 from 3/9/19.    I wonder if it'll get a mention on the TV news?  If it does, price will get pumped higher as more people jump onboard.

just KEEN - OK! 😉🤣🤣🤣🤣