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Reputation Activity
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TheGeneral got a reaction from AndrewSL76 in Today I Received.....
Cheers @BackyardBullion, took delivery of these today. They are great.
Im ether going to gift them to a couple of new borns coming this year or keep them for my daughter as a starter for her stack.
👌🏼
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TheGeneral got a reaction from kimchi in Today I Received.....
Cheers @BackyardBullion, took delivery of these today. They are great.
Im ether going to gift them to a couple of new borns coming this year or keep them for my daughter as a starter for her stack.
👌🏼
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TheGeneral got a reaction from augur in Today I Received.....
Cheers @BackyardBullion, took delivery of these today. They are great.
Im ether going to gift them to a couple of new borns coming this year or keep them for my daughter as a starter for her stack.
👌🏼
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TheGeneral got a reaction from Zhorro in Today I Received.....
Cheers @BackyardBullion, took delivery of these today. They are great.
Im ether going to gift them to a couple of new borns coming this year or keep them for my daughter as a starter for her stack.
👌🏼
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TheGeneral got a reaction from Cking83 in Today I Received.....
Cheers @BackyardBullion, took delivery of these today. They are great.
Im ether going to gift them to a couple of new borns coming this year or keep them for my daughter as a starter for her stack.
👌🏼
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TheGeneral got a reaction from Abyss in Today I Received.....
Cheers @BackyardBullion, took delivery of these today. They are great.
Im ether going to gift them to a couple of new borns coming this year or keep them for my daughter as a starter for her stack.
👌🏼
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TheGeneral reacted to 5huggy in Today I Received.....
DOWN RIGHT AWESOME - the way you have put together that display is clever and an absolute credit to you - and acknowledgement to BYB! 👍
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TheGeneral got a reaction from Lr103 in Today I Received.....
Cheers @BackyardBullion, took delivery of these today. They are great.
Im ether going to gift them to a couple of new borns coming this year or keep them for my daughter as a starter for her stack.
👌🏼
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TheGeneral reacted to Zhorro in Gold Monitoring Thread £ GBP only
Question: If you had three million ounces of gold to sell, would you sell them all at once?
Well, this is what happened yesterday. In the space of half an hour three separate sell orders of one million ounces of gold were places on the COMEX futures market. It would appear this was a deliberate attempt by an individual entity to drive down the price of gold. Yesterday, “55 million ounces of gold had exchanged hands in total in New York. That’s equivalent to half a year’s global gold production.”
https://www.mining.com/chart-gold-price-suffers-biggest-fall-in-6-years/
Should we be surprised?
The whiz kids in the City can make money when the price goes down as well as when the price goes up.
“Short sellers” were probably struggling following the recent price increases, and so this would have been a welcome relief for them.
Bullion Banks may also be seeing their business model coming under threat from low interest rates and high gold prices (I wrote about this on Sunday in the “Bullion Bank System” thread in the General Precious Metals section).
So, there are lots of vested interests that may not want the price of gold to increase, so before you rush to sell your gold, reflect on what is really happening in the gold market.
Oh yes, the Pound also had a good day against the Dollar yesterday (driving the Pound price of gold down) because Brexit is going so well!
Does anyone have any data on yesterday's silver market?
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TheGeneral reacted to sovereignsteve in Website for comparing UK prices for gold sovereigns, britannias, etc
I'm assuming you will have donated then 😉 😊