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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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4 minutes ago, Dankanugget said:

Oops sorry keep doing that 

You nearly gave a lot of false hope to a lot of people! Plans to call in the tell the bossman or bosslady to do one :D 

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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3 minutes ago, dicker said:

My bet is gold consolidating this week.  Down at open. 

Due to Central Banksters keeping interest rates on hold?

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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31 minutes ago, Spyder said:

Gold is for saving by individuals and governments around the world. Silver is an industrial metal like copper thus it can not be allowed to get to expensive as all electronics would cost too much for anyone to buy.  Anyone who thinks silver will go to the moon is living in cloud cuckoo land.

🐦🐦 cuckoo 🤔 cuckoo…..🐦🐦🐦🐦

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3 minutes ago, Gruff said:

Due to Central Banksters keeping interest rates on hold?

Largely yes, plus I suspect a bit profit talking and it’s coming up to month end, where people might chose to trade out and lock in profits.  

Not my circus, not my monkeys

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5 minutes ago, dicker said:

Largely yes, plus I suspect a bit profit talking and it’s coming up to month end, where people might chose to trade out and lock in profits.  

That's a fair point, locking in the profits! 

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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44 minutes ago, Spyder said:

Gold is for saving by individuals and governments around the world. Silver is an industrial metal like copper thus it can not be allowed to get to expensive as all electronics would cost too much for anyone to buy.  Anyone who thinks silver will go to the moon is living in cloud cuckoo land.

They used to say that about oil, or potatoes . . . 

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1 hour ago, Chronos said:

Source?

HP or ketchup.

Or go crazy. Worcestershire.

Gold will have the monday monkey hammer...

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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2 hours ago, AuricGoldfinger said:

"Gold is a child of Zeus; neither moth nor rust devoureth it; but the mind of man is devoured by this supreme possession."

 

LFTV.  live from the vault.   Spot price is immaterial. its just an illusion.

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