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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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All this excitement but who here would sell now? 
It’s just not in the stackers nature…or is it?

If it we’re on an exchange I’d have sold ages ago. 
It’s just that it’s a lot more agro to actually sell it. 
Which as it happens is just fcukin brilliant!

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2 minutes ago, Bratnia said:

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 build upon paper gold foundations will bid up physical gold to buy or die prices. The trick for those holding physical will be not too 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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I think china owe a couple of groats to folk to, they're not without borrowing 

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Just now, James32 said:

Would have preferred this information last week tbh

I bought a Sov with an unusual die number about a year ago.  A couple of days later they mailed to say that they had lost it!   Lost it!!!!

I know the photos were theirs because they were so bad, so believe them.

Not my circus, not my monkeys

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It's 2360 its got to break.  Then up to the ATH from a few days ago to test all those short stops.  Must be absolutely bucket loads of them judging by the IG data which says that small specs are short.  Massive pain for the little traders if it smashes through ATH stopping them all out.   Mr Market exists to disappoint most people.  It's very rare that the little guys all get it right.

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

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2 minutes ago, dicker said:

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

Some are listed incorrectly.  That's off-putting 

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Just now, Go65 said:

All this excitement but who here would sell now? 
It’s just not in the stackers nature…or is it?

If it we’re on an exchange I’d have sold ages ago. 
It’s just that it’s a lot more agro to actually sell it. 
Which as it happens is just fcukin brilliant!

I’ve done a lot of tidying up….. 24ct Brit from James for the money I sold a 2000 Brit for and I’ve sold some Geo and Eddie sovs and upgraded to YH and shields for the same money.

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1 minute ago, Go65 said:

All this excitement but who here would sell now? 
It’s just not in the stackers nature…or is it?

If it we’re on an exchange I’d have sold ages ago. 
It’s just that it’s a lot more agro to actually sell it. 
Which as it happens is just fcukin brilliant!

I sold a bunch recently cheap but bought a few lovely graded stuff with the proceeds.  You have to take what comes. 

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6 minutes ago, Bratnia said:

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 build 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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You are correct, however the US still does export some of it's inflation. By destroying the Euro and the Pound, we are still forced to buy dollars as it is the best of a sh*t pile. But it won't last, but they will have support for longer than we think. But as the saying goes... "slowly at first, then all at once"

 

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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2 minutes ago, dicker said:

I’m still buying using Cost Price Averaging.  People here are still selling.  
 

 

Physical or vaulted?

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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5 minutes ago, MrStacker said:

Joke aside - I really do think it will hit 1900 before end of the month. It's a given now. With such pace in the last 24 hours it might even hit 1900 this week!

 

giphy2.gif

Stop flashing🤔😮😮please 😮😮

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Just now, dicker said:

Physical 

Now is the time to buy physical. When the SHTF happens, vaulted gold, good luck, it'll be gone

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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5 minutes ago, Paul said:

Yay ! A quid or quid fifty a physical Oz ahead 

Every penny counts

8 minutes ago, Sovhead said:

24ct Brit from James for the money I sold a 2000 Brit for

Exactly what I'm doing, buying what's reasonable, selling at similar to make up for it. Cost average remains way less than now.

I like to buy the pre-dip dip

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If you had £1000 sat on the sidelines, would you buy gold, silver or keep in cash?

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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