Tipsmart

Satoshi dumped! 

He's on at ten. Live link below free on YouTube. 

I hope he talks about Tommy Johns undies. 

Peter Schiff is on a live now. This should be interesting. 

FJB

£2,658 by weekend close. 

Wake me up when it's £2k, cheers. 

1 minute ago, Agaupl said:

Of course junior miners still asleep 🤣

Still tricky with the juniors, running costs are high. And there doesn't seem to be the appetite for acquisitions at the mo. 

What's a sausage fest? 

Not sure what you mean by that? Is it a gay thing? 

Everyone is on the overs here! 

5 minutes ago, silversky said:

Yeah not sure about that Maid Marion coin.  It's all oak leaves and undergrowth... and her fingers look like some AI generated nightmare inspired pointy things..  Gwen with her pointy things beats her every day of the week.  Come on RM... get it together!!!  

I mean look at the fingers.  What the heck is going on?

She has a plaster cast from a broken arm, with half a dozen kitchen knives sticking out. Decent weapon in Sherwood!

Decent knockers. But tbh it was supposed to be a joke about the price action maybe making some of the RMs c**p releases actually now worth the money! 

Saying that, imagine rocking up to a bullion dealer in the US or Singapore etc. With one of them?

There would still be a stewards enquiry! 

1 minute ago, Bratnia said:

Don't use post + insurance myself, but isn't the insurance limit something like £2K

Not sure about the insurance? But to post special delivery with RM has almost doubled now. It's about £14. Makes it harder to sell PMs by post. 

I think it's gonna be hard to realise this recent spike, selling physical at the mo. Even some dealers have been selling on or under spot. 

I'm gutted I didn't get that Maid Marion bullion 1oz gold now, when it came out. 

1 minute ago, apachebleu said:

That's 2 grand cleared for a single brit from the mint

And it's probs about the best value thing on thier books! Mental. 

I'm surpised Peter Schiff hasn't done a live stream, from Epstien Island, or wherever he is?. 

What does this recent price action say about the world at the moment? Coz I'm seeing the same in almost every chart. I appreciate there was a fair bit of unrealised inflation left in the gold price, so you could say we're just catching up?

But a lot of other charts scream crack up boom. Just look at coca for example. 

Are we closing in on mega inflation? 

We all might get our money back off them RM Memorial sov sets at some point this year now!?

How much is a sov at this point? I mean how can anyone buy or sell at the mo? 

Spikes like this are problematic. Dealers can't sell at these prices. To liquidate at the mo you will have to take a hit. 

6 minutes ago, AuricGoldfinger said:

We are WAY behind real inflation. If gold catches up we will all be kicking ourselves we didn’t back up the truck today and buy shed loads. 

Yeah, gold hasn't matched the increase in money supply at all. Even this correction, is only putting us close to RPI indexed inflation rates, over last few years. 

Still better than leaving it in the bank, I suppose! 

About time! 

It's great that gold has gone up 20%, in the last six months. 

But it didn't do much during and after covid.

But I'm not still not sure if this recent spike puts ahead of the real inflation? Over say a 3 year time frame? 

I'm sure someone can work it out! 😉

I wonder how long before the RM reprice their gold proofs?.. 

What's the going rate for a Sov now?