dicker

Is silver going to snap higher and follow gold? I don’t know…. Thoughts?

Steady as she goes. Hopefully 1760 by the end of play.

I thought gold would drop as people closed out positions to take profit as they close the March books (traders, banks). However the opposite seems to be true. At a macro level, I personally have seen “easy money” as a problem since the early 2000’s when a colleague got a balance transfer of 10k for almost zero interest. Things only got worse during the financial crash and with politicians unable to stop spending and printing money. Nothing goes up or down in a straight line but I think gold is (in its own time) adjusting to major issues with paper currencies and economies. It’s hard to predict price movements day to day and week to week but long term trends when governments are debasing paper year on year is easier.

I didn’t see 1750 coming….

That’s dreadful even for a jeweller

You know your onions. Bravo.

Agreed. 8.1g - his scales must be off.

Beautifully written.

US numbers out later….core personal consumption data. Not sure what time tho…

Middle Eastern and may be slightly higher purity than 22ct

Lacking imagination…

Could be made outside of the U.K. good chance it is 9ct. If you are selling it might be best to “free” the Sovs and sell them and the chain separately. Best Dicker

Largely yes, plus I suspect a bit profit talking and it’s coming up to month end, where people might chose to trade out and lock in profits.

My bet is gold consolidating this week. Down at open.

Cost price averaging….

I am seeking x3 QE2 Britannias next week - years 21,22,23, and a further 3 the week after. QE2 Nuggets / Roos possibly considered. So Brits with Security features and QE2. PM if you are are selling next week and the week after. Best Dicker

I have had some innovative SD packaging from TSF members. Recently I received some Sovs that were wrapped in a DVD box.

I saw a post earlier that “analysts are puzzled” by golds price rise and strength. They really must be complete spunktrumpets (is that allowed?) to be puzzled.

Back to 1725ish

I saw that there continues to be big outflows of money from BTC ETF’s. Is that money going into gold? Who knows but £1725 there is a good chance.

I suspect there are a fair few traders out there sitting on some nasty losses having bet on gold going down after the FOMC guidance….oh well!

I don’t have a view of volumes traded but low volumes may be playing a part in the price?

Use XAUGBP for gold.

On which System? Trading view?

I don’t use the RM. The ticker on the TSF is good but for a basket of investments I use the trading view app on my iPhone which has a live feed for free.