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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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It's a big test, if gold takes the rates news / hints yesterday, and spits in the FOMC's face and rises anyway vs the USD, its going to be a clear sign of decouple from the inverse relationship with USD.  That really will be different.  But who knows... maybe Mr Market is just teasing us and will turn back at the ATH for a much needed break.  The last 5 weeks really have been interesting to witness the decouple.

New profile pic to support the current thing, because it's current year.

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It's interesting to hear all this we will, we wont, we will, we wont, be cutting rates three months from now etc.  It's all so reminiscent of the QE taper talk a few years back.  Such complete fakery where good economic news was bad news because it might jeopardise fed handouts.  It's all such nonsense.

New profile pic to support the current thing, because it's current year.

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Just now, ArgentSmith said:

send Xi Jinping link to TSF sales thread 

You're requesting the Shanghai hoover to clear out TSF?  The entire forum probably makes up less than a minute's worth of annual purchasing for them! :lol::lol::lol: 

New profile pic to support the current thing, because it's current year.

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2 minutes ago, silversky said:

You're requesting the Shanghai hoover to clear out TSF?  The entire forum probably makes up less than a minute's worth of annual purchasing for them! :lol::lol::lol: 

Yeah Id like to see him post a wanted Ad 😁

"It might make sense just to get some in case it catches on"  - Satoshi Nakamoto 2009

"Its going to Zero" - Peter Schiff 2013

"$1,000,000,000 by 2050"  - Fidelity 2024

 

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34 minutes ago, Gruff said:

image.png.a4295b6c273b22b4feca2021090826d5.png

The US thought it could out counterfeit print/spend China, export inflation, counterfeiting however is a arena in which China excels, can out print and buy US treasury's in equal measure, and additionally gold on top, firmly returning the ball into the US court. The grand final will be who actually holds the physical gold, if/when there is a gold-rush to convert 120 times more paper gold into physical gold. Those who built upon paper gold foundations will bid up physical gold to buy or die prices. The trick for those holding physical will be not to sell too much too quickly, even when prices may seem high. Early 1920's seemed like a great time to sell all your gold in Germany ... and then in 1923

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Edited by Bratnia
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Just now, pricha said:

Cambridgeshire coins have finally raised their prices. There was some bargains recently.  

They are a bit hopeless in my opinion.  Prices all over the place, terrible photography and no grade estimation.  

Not my circus, not my monkeys

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3 minutes ago, Sovhead said:

The 3 year graph and that’s not a long time as far as stacking goes is sensational…..IMG_0259.thumb.png.be525acf3cf2c9ff41788d272298bca8.png

The last couple of months look parabolic on that graph 

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