dicker

You still haven't explained how starting to hedge your position at $2064 (a $200 plus loss on your short position incidently) is any different to closing part of your position.
Hedging at this stage is effectively locking in your loss. You won't lose any more when gold continues to rise but also you won't make your money back if it retraces to your starting position.

I am loathed to comment on futures prices given another 'hot topic' on the forum, but I suspect they would agree with you

I think its going to hit £1500 this week from what I can see at the bottom of my beer glass 👍

Will gold close over 1490 this eve....not long now and we will see!

So I have read some nightmare stories about goldsilver.be in the past and some recent ones too but there was a coin I needed that I couldnt find anywhere else, I had to bite the bullet.
UPS said it would be delivered by 9pm tonight, nothing come, UPS say they cant find it on the system, so my fears have come true, issues with my very first purchase, this is why I tend to buy direct from the Royal Mint or European Mint its such a stressful time purchasing from new people.
Not sure how this will get resolved at the moment, too early to get all crazy but wondered if other people had issues with goldsilver.be and UPS.
 
 

Will gold close over 1490 this eve....not long now and we will see!

Will gold close over 1490 this eve....not long now and we will see!

Will gold close over 1490 this eve....not long now and we will see!

the wealthy hold gold in every country on the planet

who faired better after the crash, someone holding their wealth in gold or cash in the bank?
I presume it would be far easier exchanging gold for dollars to buy local goods over worthless local currency?

No one used gold in Zimbabwe for purchasing anything. They just used US dollar.

OMG!

Been married 25 years and haven't been right once yet....

I concur. 

I think all PM will go up in the next few years, potentially to new highs as they are in a bull market & the currency printing is weakening its power. 
There is also a lot of uncertainty & there will probbaly be very high unemployment, leading to a potential house bubble crash.
This could last 5 or even 10 years, but I have a suspicion that this is all orchestrated, so anyone in the know could easily predict what's going to happen. 

It will eventually reset I recon but at a higher rate. That not to say that it wont go down drastically, but thats usb usual corrections, especially with silver. 

I can see £1,200, maybe £1000 gold prices at the end of this cycle, but I will reset to a higher rate or the rate its at at the moment after this recession/depression or at the £2,000 mark, if the government reset debt or bring in a digital currency to replace the knackered system they have at the moment. 

I personally think Silver will easily hit £50 in the next 2 years (£100 if its that bad), but it wont last long & then also reset at about £20-23 / oz. Again thats not to say it wont dip back to £12 again on a correction. Copper is behaving a lot more like a precious metal, so I think its already started. I might be Wong, but im more probbaly wight

There could be a crash in anything, but I feel if it went to £600 that would be because of something that is non predictable & cant be shown on any chart or prophesied.
EG governments decide to go back to the gold standard or adopt Bitcon or something.  

Something that I have not looked at for a while is GVX - Gold volatility index.  Has risen as Gold price has risen. Not sure it this is simply a product of ramped Gold prices or if this indicates price swings are more likely.  
 
https://finance.yahoo.com/quote/^GVZ?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20vc2VhcmNoP3E9Z3Z6K3ZvbGF0aWxpdHkmZm9ybT1BUElQSDEmUEM9QVBQTA&guce_referrer_sig=AQAAAHfg83e1fzQ4CkAFq98Yk5epnGmxbtFfMc0FmaPpayuc_ksFelwurLocmfsN-ZIlmiUYMr150LUJVLJzc9DyFwqcNtglt8-b1M84FqDFfCaWeWZFuRao0L8DLNQ-oRxUEfKljF7-7442lZx8y2cqdBgu7Z3DooW7mfzOVA_RWwiS

your prediction 4 months ago today actually.
sinks of fail.

Only a matter of hours until it hits $1900 per Oz now, expect the same as yesterday with a slight reduction when New York opens.
Then it's going to tickle $1900 before closing at $1898 for the weekend 😜

Been married 25 years and haven't been right once yet....

How much physical gold do you think will be available @ $400 when it costs around $1k to produce?
and before you quote the recent oil price crash as a comparison lets not forget that was due to a physical storage issue which gold does not have.

Gold still crashing towards all time high. Could hit that today😆

The short term mania phase has run into obvious resistance at $23/£18. 
Just a warning that while I do not recommend you sell any core positions and prices can easily shoot right through this level, don't be surprised to see some consolidation and a healthy pullback.
Nothing goes up in a straight line; by now you should know the nature of silver. It's volatile. To participate in the great bull market that is developing requires unflinching discipline to ride out the numerous corrections that we will encounter along the way.

You are right, and I'm not surprised!

Been married 25 years and haven't been right once yet....

So do I, but I can't find a copy of it, and I have searched Hansard, and other online sources. I could try and ask the Royal Mint, but I have not had any response to my last questions about 2 or 3 years ago. I think I must be Persona Non Grata.