Gold Monitoring Thread £ GBP only

[silversky]

Looks like a slightly weak close to me coming up.  Maybe another little drop is inbound next week

[Petra]

6 minutes ago, silversky said:

Looks like a slightly weak close to me coming up.  Maybe another little drop is inbound next week

🤔🤹🏼‍♂️

[ZRPMs]

23 minutes ago, Petra said:

Friday night …… anything happening with gold 🤔😮anywhere….. anyone?🤔😮🫢😳😳

 

 

 

 

Yep, Doing my best to stack it. Not got enough to affect the price though.  Love it in my counting house. Bit cold though

[9x883]

16 minutes ago, silversky said:

Looks like a slightly weak close to me coming up.  Maybe another little drop is inbound next week

close at £1600 probably 

[James32]

46 minutes ago, Dankanugget said:

Oh a question....I have A gold 1oz Krugerrand and was thinking of selling it and getting X4 sovereign coins. 

What would you do keep it or trade it?

Trade it for CGT free coins. 

[LemmyMcGregor]

1 hour ago, Petra said:

Friday night …… anything happening with gold 🤔😮anywhere….. anyone?🤔😮🫢😳😳

What's that? Tell me more.

[James32]

6 minutes ago, LemmyMcGregor said:

What's that? Tell me more.

Start by buying a TV license, then watch gold rush on channel 143

[Petra]

🤔😮once you bother to get a license, try some of the bbc stuff…. sovereigns turning up on all the auction programmes!🤔😮 Two genuine sovereigns bought at a car boot £30 or £40 each, rather off set though by a very cheap sovereign set bought for £35 …. Victorias head on one side and dated 1981 on the other!🤔😮

[Fenlander1]

2 hours ago, Dankanugget said:

Oh a question....I have A gold 1oz Krugerrand and was thinking of selling it and getting X4 sovereign coins. 

What would you do keep it or trade it?

Auction it.

£1 to get you started 

[Paul]

14 hours ago, James32 said:

Start by buying a TV license, then watch gold rush on channel 143

I've had a weeny Bushmills to round the night off @James32 

It's gold in colour @Petra

Views, food, drink, craic, scenery, price, people are ace if you haven't visited Northern Ireland 

Edited January 20 by Paul

[treetop1280]

27 minutes ago, Petra said:

🤔😮once you bother to get a license, try some of the bbc stuff…. sovereigns turning up on all the auction programmes!🤔😮 Two genuine sovereigns bought at a car boot £30 or £40 each, rather off set though by a very cheap sovereign set bought for £35 …. Victorias head on one side and dated 1981 on the other!🤔😮

Victoria head 1981 , I did ask mr fenlander  about that when I bough It , , he said “ it’s a special coin  for a special buyer “?? he assured me £700 was the going rate for a special sovereign , then he said “ if I buy two he would do me a deal and charge me £1500 for them both?????? “ bargain “

[Fenlander1]

6 minutes ago, treetop1280 said:

Victoria head 1981 , I did ask mr fenlander  about that when I bough It , , he said “ it’s a special coin  for a special buyer “?? he assured me £700 was the going rate for a special sovereign , then he said “ if I buy two he would do me a deal and charge me £1500 for them both?????? “ bargain “

Says the man who paid £100 for a 50p from the mint.

[SilverDrum]

Just now, Fenlander1 said:

Says the man who paid £100 for a 50p from the mint.

Who paid £1000 for the wonky Britannia? I forget. 

[SilverDrum]

16 hours ago, GoldDiggerDave said:

I’ve got a few grand in gold, just need to trawl the internet for scenarios that will make my gold worth millions……….

The fact for most people with gold.

Most can’t hold enough in terms of percentage/value of gold  vs their exposure to inflation. 

Every Tom Richard and Harry can show off graphs showing percentage, fact, figure and projection. 
 

Take someone with a mortgage or rent that’s gone up only £250 per month, (for some it’s way higher) that’s £3,000 per year.

allowing for the rise and fall of gold in recent months we could have made let’s say £70 per oz in the real world. 

You would need to have 42oz in gold buy and sell at the right time just to cover what your mortgage has gone up,  factor in energy bills, food etc to cover a years worth inflation you would need to be buying and selling about 130oz+ of gold. 
 

so if you have normal family exposure to inflation then you need 200k+ of gold and be buying and selling at the right times just to cover the rise in cost of living also need to consider there’s no yield with physical gold. 
 

Not dancing on any dreams and hopes just cutting thought some of the utter BS that’s being posted on this thread. 
 

There’s a lot of advantages with gold, but just simply holding some doesn’t automatically make you rich. 

P.S I bet those cribbing over £5-£10 on the price of gold are wasting more than that on take away coffee and pre packed sandwiches per year….🤣

 

 

 

 

[treetop1280]

1 minute ago, Fenlander1 said:

Says the man who paid £100 for a 50p from the mint.

Nope £800  for eight 50ps , so that’s a £ 4 profit on the deal ,is that how that spot price thing works ,????

[Fenlander1]

1 minute ago, treetop1280 said:

Nope £800  for eight 50ps , so that’s a £ 4 profit on the deal ,is that how that spot price thing works ,????

Yes that's right

[treetop1280]

3 minutes ago, Fenlander1 said:

Yes that's right

[SidS]

9 hours ago, Paul said:

Tangents - In geometry, the tangent line (or simply tangent) to a plane curve at a given point is, intuitively, the straight line that "just touches" the curve at that point. Leibniz defined it as the line through a pair of infinitely close points on the curve.

The Plantagenets were a medieval dynasty that ruled England from the mid-12th century to the end of the 15th century. The dynasty began with King Henry II and ended with the death of King Richard III in 1485. The name "Plantagenet" is derived from the nickname of Geoffrey of Anjou, the father of Henry II, who wore a sprig of broom (planta genista in Latin) in his hat.

Key figures of the Plantagenet dynasty include:

• Henry II (1154–1189): The first Plantagenet king, he was known for his strong and sometimes controversial rule, including conflicts with Thomas Becket, the Archbishop of Canterbury.
• Richard the Lionheart (1189–1199): Known for his role in the Third Crusade, Richard spent much of his reign away from England. His famous nickname reflects his reputation as a brave and skilled military leader.
• John (1199–1216): Often remembered for his conflict with the barons, which led to the sealing of the Magna Carta in 1215, a foundational document in the development of constitutional rights.
• Henry III (1216–1272): The son of John, Henry III's reign was marked by political struggles and conflicts with the barons. His reign saw the establishment of the English Parliament.
• Edward I (1272–1307): Known as "Longshanks," Edward I was a strong and effective king who conquered Wales and attempted to conquer Scotland. He is also remembered for his legal reforms.
• Edward II (1307–1327): Edward II faced political turmoil, including conflicts with the nobility. His reign ended with his forced abdication and subsequent death.
• Edward III (1327–1377): Under Edward III, England experienced success in the early stages of the Hundred Years' War against France. His reign is often considered a period of military and economic revival.
• Richard II (1377–1399): Richard II's reign was marked by political and social unrest, including conflicts with powerful nobles. He was eventually deposed.

The Wars of the Roses, a series of civil wars fought between the rival houses of Lancaster and York, occurred toward the end of the Plantagenet dynasty and led to the rise of the Tudor dynasty with the victory of Henry Tudor (Henry VII) at the Battle of Bosworth in 1485. This marked the end of the Plantagenet dynasty and the beginning of the Tudor era.

Lawrence Chard in disguise?

[Dankanugget]

5 hours ago, Fenlander1 said:

Auction it.

£1 to get you started 

Bids start at £1575

[bobski]

1 minute ago, Dankanugget said:

Bids start at £1575

Or ask if anyone wants to swap it for 4 sovereigns? I would consider it

[Dankanugget]

1 hour ago, bobski said:

Or ask if anyone wants to swap it for 4 sovereigns? I would consider it

I may put it on her but I'll go to a local dealer for the sovs so I can see what I'm getting unless a good option arises.

I guess CGT puts off folk. I'll think it through.

Thanks

D

 

[bobski]

9 minutes ago, Dankanugget said:

I may put it on her but I'll go to a local dealer for the sovs so I can see what I'm getting unless a good option arises.

I guess CGT puts off folk. I'll think it through.

Thanks

D

 

Because you can't see what you're getting on TSF?

[Dankanugget]

4 minutes ago, bobski said:

Because you can't see what you're getting on TSF?

Yes there's that to it. 

[Paul]

3 hours ago, SidS said:

Lawrence Chard in disguise?

Chat GPT 

[Coverte]

Is this still the alleged Gold price thread ................ 🤔