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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, dicker said:

There have been periods where gold has been inert, limp, lifeless   

- 2014

- 2017 to 2018

Why, against a picture of QE I can’t tell you.

Why the fireworks now?  I don’t know.  No one really knows, but enjoy.  

I remember around 20 ish years ago when the price of platinum was higher than gold and everyone wanted platinum jewellery.

That’s maybe why in the music industry they say ‘it’s gone platinum’.

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1 minute ago, dicker said:

There have been periods where gold has been inert, limp, lifeless   

- 2014

- 2017 to 2018

Why, against a picture of QE I can’t tell you.

Why the fireworks now?  I don’t know.  No one really knows, but enjoy.  

I think it's partly because no one expected it.  That phrase about the "market existing to disappoint the most number of people" really seems to hold some weight sometimes.  The QE times made no sense at all.  It was strange to see vast amounts of nothing created and theoretically used to purchase real money and it not effect the price positively.  And then now, rates not coming down and gold powers on up against the expectations of those who piled in short.  As you say, no one really knows why, best just to enjoy the show.

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

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Just now, dicker said:

For those at in the U.K. / U.K. timezone who watched gold breach 1900, you are either:

- Shift workers 

- Insomniacs

Whatever you are - all the best to you and enjoy while others sleep.  

Number 2 

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

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5 minutes ago, Tn21 said:

With current price of au in the £1900 surly everyone on the forum is in the green when it comes to gold bullion 

 

 

That is a good point.  Must be.

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

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Just now, sellerstacker said:

10360854-grandpa-telling-a-story.jpg

I've got more hair than that

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

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$2,389.93

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

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Just now, Agaupl said:

June deliveries are trading above $2400

Do you have an IG account?  Can you see how many are short?

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

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Live Silver Price UK in GBP per Ounce

Ag

Current Price

£22.98

Live Change

0.28% £+0.06

Live high £22.98

That is also utterly crazy

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

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2 minutes ago, silversky said:

Do you have an IG account?  Can you see how many are short?

I do not.. I steal off others 

IMG_4616.jpeg

Aaaahhh😉

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