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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 minute ago, AuricGoldfinger said:

Nope! I got till November (mortgage term end) and i think we aint seen nothing yet now a bull run has finally started. Hopefully I’ll be cashing some out at £2k + towards the end of the year. If the price hits the floor i can use other funds but gold makes the most sense for me especially when prices should be sky high

Excellent. 

I like to buy the pre-dip dip

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The Fed needs to create the illusion of liquidity.
The Fed needs to sustain inflation.
The Fed needs both the bond and equity markets to look bullish ahead of November.
The Fed will cut rates in June.
The ECB and the Old Lady will follow suit in short order.
Further cuts will be necessary to shore up market "confidence".
Both markets will crash, merely a question of whether this will be before or after the "election".
Bond yields will, as always, be the leading indicator.
Trump or Biden will make no difference, DT will just mean a stay of execution.
 
Gold is good.
 
Imho.

All Wars Are Central Bankers' Wars

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7 minutes ago, PapaLazarou said:
The Fed needs to create the illusion of liquidity.
The Fed needs to sustain inflation.
The Fed needs both the bond and equity markets to look bullish ahead of November.
The Fed will cut rates in June.
The ECB and the Old Lady will follow suit in short order.
Further cuts will be necessary to shore up market "confidence".
Both markets will crash, merely a question of whether this will be before or after the "election".
Bond yields will, as always, be the leading indicator.
Trump or Biden will make no difference, DT will just mean a stay of execution.
 
Gold is good.
 
Imho.

In a financial world filled with confusion,

The Fed strives to maintain the illusion.

Liquidity's key, inflation's a must,

Bullish markets they'll surely trust.

But crash they will, that's no delusion

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10 minutes ago, Paul said:

In a financial world filled with confusion,

The Fed strives to maintain the illusion.

Liquidity's key, inflation's a must,

Bullish markets they'll surely trust.

But crash they will, that's no delusion

Are you really Bob Dylan?

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

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3 minutes ago, BLOOMMAN101 said:

Are you really Bob Dylan?

Nah, he's a definitely a silver stacker him. Just look how old he looks these days, waiting for silver to moon 🚀🚀🚀 for so long

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