Gold Monitoring Thread £ GBP only

[PapaLazarou]

One might argue that since the ownership of second-, third-, fourth-(say when) party debt is of zero intrinsic value, then the "value" of fiat currency  also remains unchanging.

Irony or oxymoron? You decide.

[Paul]

51 minutes ago, James32 said:

Wen Lambo?

You not got one already ?? 

[Gruff]

https://www.bbc.co.uk/news/business-68618436

BoE holds rates, they want to wreck the economy further before they go full throttle on QE infinity as that is what it'll take this time once they light the fires. Inflation will roar it's head again

[Petra]

4 hours ago, Paul said:

Certainly!

51. The increasing acceptance of digital currencies as a store of value may reduce the demand for physical gold, impacting its price negatively.

52. Changes in consumer behavior, such as a shift towards minimalism and experiences over material possessions, may reduce the demand for luxury items like gold jewelry, affecting its price dynamics.

53. Advances in material science may lead to the development of alternative materials that mimic the properties of gold, reducing its appeal and impacting its price.

54. The proliferation of counterfeit gold products in the market may undermine investor confidence and lead to a reevaluation of its true value, potentially impacting its price negatively.

55. The increasing availability of gold recycling and reuse may alleviate supply constraints and reduce the need for such high prices.

56. Changes in government regulations related to gold ownership and trading may affect the demand for gold and its price dynamics.

57. The rise of decentralized finance (DeFi) platforms may provide investors with alternative ways to gain exposure to gold without the need for physical ownership, affecting its price dynamics.

58. The integration of blockchain technology in supply chain management may improve transparency and traceability in the gold market, reducing the risk of fraud and price manipulation.

59. The increasing popularity of sustainable investing may lead investors to favor assets with positive environmental and social impacts over traditional stores of value like gold, affecting its price dynamics.

60. Changes in consumer preferences towards ethically sourced and conflict-free products may reduce the demand for gold with questionable origins, impacting its price negatively.

61. The emergence of new investment opportunities, such as impact investing and social enterprises, may divert capital away from traditional assets like gold, affecting its price dynamics.

62. Changes in demographics, such as an aging population, may lead to shifts in consumer spending habits away from luxury goods like gold jewelry, impacting its price negatively.

63. Advances in fintech may lead to the development of innovative financial products that compete with gold as a store of value, affecting its price dynamics.

64. The integration of artificial intelligence and machine learning algorithms in trading may lead to more efficient price discovery in the gold market, reducing speculative trading and price volatility.

65. Changes in global trade dynamics and supply chain disruptions may affect the demand for gold and its price dynamics.

66. The increasing adoption of renewable energy sources may reduce the demand for gold in industrial applications, impacting its price negatively.

67. Changes in geopolitical alliances and international relations may affect the demand for gold as a safe haven asset, impacting its price dynamics.

68. The integration of environmental, social, and governance (ESG) factors into investment decisions may lead investors to favor assets with lower environmental impacts over gold, affecting its price.

69. The rise of conscious consumerism may lead to greater scrutiny of the environmental and social impacts of gold mining, impacting its price dynamics.

70. Changes in consumer preferences towards experiences over material possessions may reduce the demand for luxury items like gold jewelry, impacting its price negatively.

71. The increasing popularity of digital assets and cryptocurrencies may divert investment away from physical assets like gold, impacting its price dynamics.

72. Changes in global economic conditions, such as trade tensions and currency fluctuations, may affect the demand for gold as a hedge against economic uncertainty, impacting its price dynamics.

73. Advances in technology, such as 3D printing, may lead to the development of alternative materials that compete with gold in industrial applications, affecting its price dynamics.

74. The increasing use of gold-backed stablecoins may provide investors with alternative ways to gain exposure to gold without the need for physical ownership, affecting its price dynamics.

75. Changes in consumer lifestyles, such as a focus on sustainability and minimalism, may reduce the demand for luxury goods like gold jewelry, impacting its price negatively.

76. The integration of blockchain technology in the gold market may improve transparency and efficiency, reducing the risk of fraud and price manipulation.

77. Changes in government policies related to taxation and monetary policy may affect the demand for gold and its price dynamics.

78. The increasing adoption of digital payments and mobile wallets may reduce the demand for physical gold as a medium of exchange, impacting its price dynamics.

79. Changes in consumer sentiment and confidence may affect the demand for gold as a safe haven asset, impacting its price dynamics.

80. The increasing popularity of ethical investing may lead investors to favor assets with positive social and environmental impacts over traditional stores of value like gold, affecting its price dynamics.

81. Changes in consumer preferences towards sustainable and eco-friendly products may reduce the demand for gold with questionable environmental and social impacts, impacting its price negatively.

82. The increasing awareness of environmental issues related to gold mining may lead consumers to seek alternative materials for jewelry and other luxury goods, impacting its price dynamics.

83. Changes in monetary policy, such as interest rate hikes or quantitative easing measures, may affect the demand for gold as a hedge against inflation, impacting its price dynamics.

84. The increasing integration of blockchain technology in supply chain management may improve transparency and traceability in the gold market, reducing the risk of fraud and price manipulation.

85. Changes in global supply chain dynamics, such as disruptions in mining operations or transportation, may affect the supply of gold and its price dynamics.

86. Advances in material science may lead to the development of alternative materials that mimic the properties of gold, reducing its appeal and impacting its price.

87. Changes in government regulations related to gold ownership and trading may affect the demand for gold and its price dynamics.

88. The rise of decentralized finance (DeFi) platforms may provide investors with alternative ways to gain exposure to gold without the need for physical ownership, affecting its price dynamics.

89. The integration of blockchain technology in supply chain management may improve transparency and traceability in the gold market, reducing the risk of fraud and price manipulation.

90. The increasing popularity of sustainable investing may lead investors to favor assets with positive environmental and social impacts over traditional stores of value like gold, affecting its price dynamics.

91. Changes in consumer preferences towards ethically sourced and conflict-free products may reduce the demand for gold with questionable origins, impacting its price negatively.

92. The emergence of new investment opportunities, such as impact investing and social enterprises, may divert capital away from traditional assets like gold, affecting its price dynamics.

93. Changes in demographics, such as an aging population, may lead to shifts in consumer spending habits away from luxury goods like gold jewelry, impacting its price negatively.

94. Advances in fintech may lead to the development of innovative financial products that compete with gold as a store of value, affecting its price dynamics.

95. The integration of artificial intelligence and machine learning algorithms in trading may lead to more efficient price discovery in the gold market, reducing speculative trading and price volatility.

96. Changes in global trade dynamics and supply chain disruptions may affect the demand for gold and its price dynamics.

97. The increasing adoption of renewable energy sources may reduce the demand for gold in industrial applications, impacting its price negatively.

98. Changes in geopolitical alliances and international relations may affect the demand for gold as a safe haven asset, impacting its price dynamics.

99. The integration of environmental, social, and governance (ESG) factors into investment decisions may lead investors to favor assets with lower environmental impacts over gold, affecting its price.

100. The rise of conscious consumerism may lead to greater scrutiny of the environmental and social impacts of gold mining, impacting its price dynamics.

101. Changes in consumer preferences towards experiences over material possessions may reduce the demand for luxury items like gold jewelry, impacting its price negatively.

 

🤔😮someone unplug your machine😮🤔🤔

[TheShinyStuff]

1 hour ago, James32 said:

£1732

Wen Lambo?

Any time you fancy I'd have thought!😀

[gji25]

4 hours ago, Paul said:

ChatGPT did the bulk of my advanced gold research 

 

[Petra]

One amazing day someone will be happy. Gold to the moon …. oh no, too expensive to buy .(but won’t sell in case goes higher), oh no … too low…. can’t sell. 🤔😮

[Sovhead]

£1733

[m3rlin]

19 minutes ago, PapaLazarou said:

One might argue that since the ownership of second-, third-, fourth-(say when) party debt is of zero intrinsic value, then the "value" of fiat currency  also remains unchanging.

Irony or oxymoron? You decide.

debt = fiat money = time&energy > money lol

value of fiat currency  it's gets deflated and the debt inflated

people/organization/nations go in debt because they want/need something or someone force them directly or indirectly to acquire debt. The value or better said volume of energy&time=money used/consumed by the other party to make their competitor use as the last resort debt it's not zero. so indirectly the debt value it's again not zero and because time if a function of the debt. we are living on borrowed time so time decays and fiat money as well.

i'm rambling to much, where are my pills?🤣

[MrStacker]

3 hours ago, Smiler999 said:

Mad question but is anyone still buying Gold?

1725

Yes but I’m not going to lie to you. It’s painful but if you are in it for the long run you should be fine with it. Just don’t go overboard with purchases if you need the funds for short term bills, etc. 

 

£1,732 and it’s not even payday where the increase usually happens! Da fuq! 😭🤣
 
Might need to look at quarter sovs..

[silversky]

The interesting thing about the way this is described, is that the 8-1 voting ratio is 8 for no change and 1 for a cut.  But.... the 6-3 split as it's described last month, would better be represented as 2-6-1.   That's because it actually represented  2 votes for a rise!!! 6 for unchanged and 1 for a cut.  Calling it 6-3 made it sound to the casual observer like we were much closer to a cut, when in fact they hadn't even become properly neutral yet.

Sneaky messaging really.  It was all about delaying any cuts for as long as possible and hoping that expectation can hold things together for as long as possible.  The cuts will come in advance of the General Election.  The ruling elites wish to appear that they are good at this economy thing... so it will be given the shot in the arm about 4-5 months before the GE to try to boost things a bit and add a thin veneer of competency to the incumbent crooks.

 

[Lyrinn]

On 15/01/2015 at 16:15, Paul said:

Well Silver has its own thread for daily ongoing discussion, so we may as well have one for Gold to !

5th November 2014 Gold bottomed at its low for 2014 @ £718oz

Now today just two and bit months on @ £832 

I not to shabby turnaround in such a short space of time, nearly 14% appreciation!

@Paul, over £1000 gain since the first post, sir!

£1,727.16 at the moment...!

[Paul]

31 minutes ago, Lyrinn said:

@Paul, over £1000 gain since the first post, sir!

£1,727.16 at the moment...!

Just seems like a couple of years back 

[James32]

32 minutes ago, Lyrinn said:

@Paul, over £1000 gain since the first post, sir!

£1,727.16 at the moment...!

You made it dip ffs

[ArgentSmith]

IT CRASHED!!

[James32]

3 minutes ago, ArgentSmith said:

IT CRASHED!!

Booooo...

[Paul]

Booooooooo !!!!! 

[theman73]

1% up .... when Lambo

1% down ... end of the World

 

 

[Lyrinn]

3 minutes ago, James32 said:

You made it dip ffs

[Gruff]

When you look at it over 6 months, it is truly a different picture!

[ArgentSmith]

[SidS]

31 minutes ago, theman73 said:

1% up .... when Lambo

1% down ... end of the World

 

 

Thin margins. 😁

[Upsidedown]

Buy the dip quick! 😁

[MrStacker]

Hopefully the dip lasts at least 24 hours 🤣

[Midasfrog]

3 hours ago, James32 said:

 

Wen Lambo?

I didn't know that they made Hoovers 😆