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Gold Monitoring Thread £ GBP only


Paul
Message added by ChrisSilver

This topic is to discuss price action in GBP, to discuss price action in $ USD, please see this topic: https://thesilverforum.com/topic/19962-gold-monitoring-thread-usd-only/

📌 For general non PM chat there is the Hangout topic here: 

 

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1 hour ago, Orpster said:

image.png.6e89054a9f53c7d49fe5345fa4ad9fbd.png

 

Full is up £3 already since then

Ad lunam, ad opes ac felicitatem.

    "Put the soup down. Today is a caviar day."    -James32

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Can we beat the orgasmic events of that fateful Sunday where gold hit 1700 for 0.3 seconds?

Ad lunam, ad opes ac felicitatem.

    "Put the soup down. Today is a caviar day."    -James32

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1 minute ago, Upsidedown said:

Full is up £3 already since then

Because it was soooooooo long ago mate :) 

Will we see a new floor, or a nice fat smackdown, I hope for the latter

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Just now, Orpster said:

Because it was soooooooo long ago mate :) 

Will we see a new floor, or a nice fat smackdown, I hope for the latter

I haven't been paying attention so I dunno why gold is on the rise.

But when rates start cutting, you can bet your arse there will be a new floor

Ad lunam, ad opes ac felicitatem.

    "Put the soup down. Today is a caviar day."    -James32

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11 minutes ago, iggypop said:

Just seen BBC news running a story on Bitcoin and it’s amazing current rise, ATH

will they give any equal footage to the actual Gold coin you CAN! hold in your hand and it’s current ATH 😉I very much doubt it!! 

You can't have the plebs finding out ..until its to late 

I always remember the old adage    "You know it's time to sell when shoeshine boys give you stock tips. This bull market is over,"    you can update that to just eats delivery guy ,barista or whoever imho

I'm alright, Jack, Keep your hands off of my stack

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20 hours ago, MrStacker said:

I think by mid day tomorrow the gold price will increase again. Just a feeling.

I told everyone the La YoYo works! 

20 hours ago, Dankanugget said:

Buying or waiting?

Are you now buying or waiting? 🤣

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27 minutes ago, Orpster said:

We have seen £400 sovereigns at dealers before, but never with a 2.55% premium I don't think

image.png.81e5d1c23d5ecfcf03e9b529368922da.png

Still must be a struggle to shift them. Maybe when people see sense in the over-priced markets they'll move their money to a safer, shinier, physical asset and premiums will rise.

Edited by katyc
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3 hours ago, theman73 said:

''driven by increased bets for a June interest rate cut''

Like I always said, the supply and demand economy is dead, is all about hedging the bets...

Spot on. Even Warren Buffet agrees too. "Casinolike behaviour"

https://uk.finance.yahoo.com/news/warren-buffett-warns-casinolike-behavior-180828138.html

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2 minutes ago, katyc said:

Spot on. Even Warren Buffet agrees too. "Casinolike behaviour"

https://uk.finance.yahoo.com/news/warren-buffett-warns-casinolike-behavior-180828138.html

Doesn't matters,  people will still beleive in L'oreal, Palmolive or Head and shoulder graphs 

More silver coins on my website

                dancu.co.uk

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