sixgun

Gold was overbought - we have seen a strong push up with no pull backs - it was on the cards, it was just looking for an excuse. And of course when gold falls, silver will fall too. This Wednesday we had the FOMC (Federal Reserve) decision on the interest rates. They went up 0.25% as expected and the spin Jay Powell Fed Chair gave was enough for the market plus the usual suspects to sell down overbought gold - so that was the first waterfall dump.
Today the Non-farm Payroll (NFP) figures came out. They showed a really strong US jobs market and an unemployment level which hasn't been this low since 1968 (or there abouts i am not certain if that is the year but near enough). This beat all expectations by a long way and the people on Bloomberg were getting really excited this afternoon. The US economy is so strong they were saying and we are going to the Moon blah blah. Of course it is all fake. The US economy is collapsing. It was strong in the 1960's that was the last time Western economies were actually putting in real honest to goodness growth before everything went wrong in the 1970's when Nixon took the dollar off the gold standard and we went full fiat. Anyway the (fake) jobs' data was off the charts and it was good for the USD and so the market plus the usual suspects used it to dump gold. 
Forget FTSE - it has no impact whatsoever on gold, silver or even bubble gum cards

Gold was overbought - we have seen a strong push up with no pull backs - it was on the cards, it was just looking for an excuse. And of course when gold falls, silver will fall too. This Wednesday we had the FOMC (Federal Reserve) decision on the interest rates. They went up 0.25% as expected and the spin Jay Powell Fed Chair gave was enough for the market plus the usual suspects to sell down overbought gold - so that was the first waterfall dump.
Today the Non-farm Payroll (NFP) figures came out. They showed a really strong US jobs market and an unemployment level which hasn't been this low since 1968 (or there abouts i am not certain if that is the year but near enough). This beat all expectations by a long way and the people on Bloomberg were getting really excited this afternoon. The US economy is so strong they were saying and we are going to the Moon blah blah. Of course it is all fake. The US economy is collapsing. It was strong in the 1960's that was the last time Western economies were actually putting in real honest to goodness growth before everything went wrong in the 1970's when Nixon took the dollar off the gold standard and we went full fiat. Anyway the (fake) jobs' data was off the charts and it was good for the USD and so the market plus the usual suspects used it to dump gold. 
Forget FTSE - it has no impact whatsoever on gold, silver or even bubble gum cards

Exactly, the arse has dropped out of the market.

Exactly, the arse has dropped out of the market.

Well despite all the noise made by Bill Gates and the rest of the Malthusian WEF crowd, population growth is not an issue. Only Elon Musk gives an honest answer, because as sure as eggs the rest of the elite know. World population is heading for a massive crash. Then we have the sterilising effects of plastics and oestrogens in the water plus those hideous injections which localise in the ovaries and testes. Population growth is not an issue - if you hear it in the media you are hearing a lie. This is why the UK has opened the door wide open to immigration, to get the population numbers up in the hope of paying pensions in the future. Whatever they migth say about curbing immigration, mass immigration is Government policy - this has been debated and decided in the House of Lords a few years back.

The first maker's mark PJ on the heart locket clasp - i haven't found the name but clearly this Birmingham maker made a number of similar clasps in gold and silver.
https://www.hofer-antikschmuck.de/en/antique-jewellery/romantic-vintage-bracelet-with-heart-clasp-made-of-gold-england-1977/a-617905

Only true if i post it. You should know that by now.

The members of SAGE have lots of titles and will all be earning decent amounts but they all went along with the injection programme and lockdowns - with no moral reservations. 
The more people are paid the fewer morals they tend to have - they have a nice fat pay cheque and benefits to lose by rocking the boat - so they don't rock the boat. They really don't want one of those tragic boating accidents.

Depends on what price China / Russia decide to put on gold. 
There are 100's of $trillions in the US - some people say there is no gold in Fort Knox.
How much gold in the BoE is actually English? Whatever the amount the answer is very little of the currency could be gold backed.
Where is this gold going to come from? The West has sold nearly all its gold to Asia at bargain prices. The West is bankrupt so couldn't buy the gold even if it wanted to.
To imagine otherwise shows a lack of joined up thinking - gold cannot be printed, it cannot be pulled out of a top hat. Unless there is a secret stash somewhere, the UK doesn't have the gold to back the pound. The currency is a shadow of its former self and once the true Great Reset kicks in GBP will be trash.
This is the very reason people here should be stacking. 
Silver will revalue along with gold - the question is what will the gold silver ratio be. Most pundits think it will eventually be much lower - 30? 16? less than that? 

Yes but as i pointed out on another thread the top London salary for the Head of the BoE CBDC is £66.5k. 
What calibre of candidate are they going to attract with a London salary at that level for that sort of job?
They don't even appear remotely serious about CBDC from that showing.

Depends on what price China / Russia decide to put on gold. 
There are 100's of $trillions in the US - some people say there is no gold in Fort Knox.
How much gold in the BoE is actually English? Whatever the amount the answer is very little of the currency could be gold backed.
Where is this gold going to come from? The West has sold nearly all its gold to Asia at bargain prices. The West is bankrupt so couldn't buy the gold even if it wanted to.
To imagine otherwise shows a lack of joined up thinking - gold cannot be printed, it cannot be pulled out of a top hat. Unless there is a secret stash somewhere, the UK doesn't have the gold to back the pound. The currency is a shadow of its former self and once the true Great Reset kicks in GBP will be trash.
This is the very reason people here should be stacking. 
Silver will revalue along with gold - the question is what will the gold silver ratio be. Most pundits think it will eventually be much lower - 30? 16? less than that? 

Well despite all the noise made by Bill Gates and the rest of the Malthusian WEF crowd, population growth is not an issue. Only Elon Musk gives an honest answer, because as sure as eggs the rest of the elite know. World population is heading for a massive crash. Then we have the sterilising effects of plastics and oestrogens in the water plus those hideous injections which localise in the ovaries and testes. Population growth is not an issue - if you hear it in the media you are hearing a lie. This is why the UK has opened the door wide open to immigration, to get the population numbers up in the hope of paying pensions in the future. Whatever they migth say about curbing immigration, mass immigration is Government policy - this has been debated and decided in the House of Lords a few years back.

Depends on what price China / Russia decide to put on gold. 
There are 100's of $trillions in the US - some people say there is no gold in Fort Knox.
How much gold in the BoE is actually English? Whatever the amount the answer is very little of the currency could be gold backed.
Where is this gold going to come from? The West has sold nearly all its gold to Asia at bargain prices. The West is bankrupt so couldn't buy the gold even if it wanted to.
To imagine otherwise shows a lack of joined up thinking - gold cannot be printed, it cannot be pulled out of a top hat. Unless there is a secret stash somewhere, the UK doesn't have the gold to back the pound. The currency is a shadow of its former self and once the true Great Reset kicks in GBP will be trash.
This is the very reason people here should be stacking. 
Silver will revalue along with gold - the question is what will the gold silver ratio be. Most pundits think it will eventually be much lower - 30? 16? less than that? 

Mr Wong is "..going down and going down hard from now!"
It sounds like an excerpt for a mucky magazine. Shocking.

i see this question asked - will the currency be backed with gold?
Will the digital GBP or whatever it is called be backed with gold?
Where is this gold coming from?
How is UK plc going to buy the gold to cover its digital currency?
The country is bankrupt. The US defaulted in 1971 - it went bust right there and then. It issued promissory notes but couldn't honour the promises. The BoE cannot pay the bearer anything other than another plastic note. 
Come the real Great Reset quite a number of nations in the West are going to be flat on their arses. Welcome to England. Welcome to the Third World.
Keep stacking - this is your insurance policy. 

Well as far as i can see HM Treasury aren't taking CBDC very seriously. What calibre of candidate are they going to attract to be head of their CBDC with a £66.5k salary in Central London? He, i say he as i'm sexist, won't be buying many sovereigns.

i see this question asked - will the currency be backed with gold?
Will the digital GBP or whatever it is called be backed with gold?
Where is this gold coming from?
How is UK plc going to buy the gold to cover its digital currency?
The country is bankrupt. The US defaulted in 1971 - it went bust right there and then. It issued promissory notes but couldn't honour the promises. The BoE cannot pay the bearer anything other than another plastic note. 
Come the real Great Reset quite a number of nations in the West are going to be flat on their arses. Welcome to England. Welcome to the Third World.
Keep stacking - this is your insurance policy. 

The problem then is, we are seeing much talk about asset back currencies in the Global South.
Who in their right mind would accept a digital token backed by nothing when there are asset backed currencies out there? How is the UK going to pay for imports?

i see this question asked - will the currency be backed with gold?
Will the digital GBP or whatever it is called be backed with gold?
Where is this gold coming from?
How is UK plc going to buy the gold to cover its digital currency?
The country is bankrupt. The US defaulted in 1971 - it went bust right there and then. It issued promissory notes but couldn't honour the promises. The BoE cannot pay the bearer anything other than another plastic note. 
Come the real Great Reset quite a number of nations in the West are going to be flat on their arses. Welcome to England. Welcome to the Third World.
Keep stacking - this is your insurance policy. 

i just heard this morning that a third of children in the UK are in food poverty. i don't live in the UK so i have got out of touch with how fooked up it is and my family who are there are 'well off' so are probably oblivious to this sort of thing. But it sounds like the average Joe doesn't have the spare money to buy sovereigns and probably didn't in 1957.
I used this webpage to see what 'average' income was. https://ifs.org.uk/tools_and_resources/where_do_you_fit_in#tool-results-section
Of course average is misleading b/c high income family skew the average up.
Sovereigns have been out of the reach of the average Joe since the early 2000's. 
People will buy them - i would still buy them at £2k a pop b/c that would be the price of gold.
The issue isn't that gold is too expensive, it is that paper money, especially Sterling has gone to rat shlt. There is a website - https://wtfhappenedin1971.com/
Here is a US chart showing how pay has not kept up since the 1971. That isn't coincidence it was the year money went full fiat. Real growth in Western economies stopped around that time - everything after that has been an illusion. 

So in conclusion, the average Joe cannot afford sovereigns - they are either scrapping along or they are blowing it on some consumer crap they never needed.

i just heard this morning that a third of children in the UK are in food poverty. i don't live in the UK so i have got out of touch with how fooked up it is and my family who are there are 'well off' so are probably oblivious to this sort of thing. But it sounds like the average Joe doesn't have the spare money to buy sovereigns and probably didn't in 1957.
I used this webpage to see what 'average' income was. https://ifs.org.uk/tools_and_resources/where_do_you_fit_in#tool-results-section
Of course average is misleading b/c high income family skew the average up.
Sovereigns have been out of the reach of the average Joe since the early 2000's. 
People will buy them - i would still buy them at £2k a pop b/c that would be the price of gold.
The issue isn't that gold is too expensive, it is that paper money, especially Sterling has gone to rat shlt. There is a website - https://wtfhappenedin1971.com/
Here is a US chart showing how pay has not kept up since the 1971. That isn't coincidence it was the year money went full fiat. Real growth in Western economies stopped around that time - everything after that has been an illusion. 

So in conclusion, the average Joe cannot afford sovereigns - they are either scrapping along or they are blowing it on some consumer crap they never needed.

i just heard this morning that a third of children in the UK are in food poverty. i don't live in the UK so i have got out of touch with how fooked up it is and my family who are there are 'well off' so are probably oblivious to this sort of thing. But it sounds like the average Joe doesn't have the spare money to buy sovereigns and probably didn't in 1957.
I used this webpage to see what 'average' income was. https://ifs.org.uk/tools_and_resources/where_do_you_fit_in#tool-results-section
Of course average is misleading b/c high income family skew the average up.
Sovereigns have been out of the reach of the average Joe since the early 2000's. 
People will buy them - i would still buy them at £2k a pop b/c that would be the price of gold.
The issue isn't that gold is too expensive, it is that paper money, especially Sterling has gone to rat shlt. There is a website - https://wtfhappenedin1971.com/
Here is a US chart showing how pay has not kept up since the 1971. That isn't coincidence it was the year money went full fiat. Real growth in Western economies stopped around that time - everything after that has been an illusion. 

So in conclusion, the average Joe cannot afford sovereigns - they are either scrapping along or they are blowing it on some consumer crap they never needed.

i just heard this morning that a third of children in the UK are in food poverty. i don't live in the UK so i have got out of touch with how fooked up it is and my family who are there are 'well off' so are probably oblivious to this sort of thing. But it sounds like the average Joe doesn't have the spare money to buy sovereigns and probably didn't in 1957.
I used this webpage to see what 'average' income was. https://ifs.org.uk/tools_and_resources/where_do_you_fit_in#tool-results-section
Of course average is misleading b/c high income family skew the average up.
Sovereigns have been out of the reach of the average Joe since the early 2000's. 
People will buy them - i would still buy them at £2k a pop b/c that would be the price of gold.
The issue isn't that gold is too expensive, it is that paper money, especially Sterling has gone to rat shlt. There is a website - https://wtfhappenedin1971.com/
Here is a US chart showing how pay has not kept up since the 1971. That isn't coincidence it was the year money went full fiat. Real growth in Western economies stopped around that time - everything after that has been an illusion. 

So in conclusion, the average Joe cannot afford sovereigns - they are either scrapping along or they are blowing it on some consumer crap they never needed.

People are to blind to see this, they simply want to get rich buying gold coins.
Computer said no.
If you buy today 1000 gold coins keep them for 30 years, you will stil have exactly same amount of coins not a single one extra. The value will be different, but all products will have different value after 30 years.

You are paying 5% VAT on the second delivery. Probably EMK put on the label the code for collectible/ numismatic, that is good for you - lower VAT.