Gold Monitoring Thread £ GBP only

[Dalriada83]

13 minutes ago, 9x883 said:

up nearly £100 in 24hrs, that's both wonderful and terrifying!

I must admit it's making me giggle, in a slightly nervous and somewhat hysterical manner. 

[Bratnia]

39 minutes ago, 9x883 said:

even silver is creeping up!

gold/silver ratio is closing, down from around 83.5 yesterday to 82.5, perhaps some are opting for a buy-in into silver instead of gold, better 'fundamentals' (relatively high gold/silver ratio).

[KRO]

1 hour ago, James32 said:

Went to toilet and took a leak, never getting back to sleep now.

Too much information before breakfast for gods sake 

[dicker]

Silver has got its act together…up 2.3pct 

[ArgentSmith]

21 minutes ago, Paul said:

Anyone selling up & cashing out ?? 

Bound to see some pullbacks along the way but the Party's just getting going. It's a no from me.

Edited April 12 by ArgentSmith

[ZRPMs]

And just like that we're going for a £1950 weekend instead of a basic £1900. got to make you wonder what the hell is pushing the price. Or did I miss the 1929 style crash. 

[Orpster]

There are rumours of a possible bank failure today,

Best hope it is something like that, if it is the start of the collapse of the dollar were all up the creek and Gold wont save us

The UK will be as hurt by an dollar collapse as the US will

 

[SidS]

1 minute ago, ZRPMs said:

And just like that we're going for a £1950 weekend instead of a basic £1900. got to make you wonder what the hell is pushing the price. Or did I miss the 1929 style crash. 

We'll be at £1929 shortly me thinks...

[Gruff]

And higher still she climbs!

[Bratnia]

33 minutes ago, JamesH said:

To think, special delivery £2,500 insured post no longer fully covers 6 sovereigns!

Non-issue for me, prefer to buy and sell Britannia coins in person. The 3% round trip cost to be able to instantly inspect/buy/sell, none of the wrap, photo, record, insure ...etc. issues is worth it IMO. Just trade paper gold (ETF's) until there's enough to warrant swapping some out for physical.

[James32]

Just now, Bratnia said:

Non-issue for me, prefer to buy and sell Britannia coins in person. The 3% round trip cost to be able to instantly inspect/buy/sell, none of the wrap, photo, record, insure ...etc. issues is worth it IMO. Just trade paper gold (ETF's) until there's enough to warrant swapping some out for physical.

You've never had a crush on your postman then..

£1916

[Bratnia]

5 minutes ago, James32 said:

You've never had a crush on your postman then..

£1916

Which one, change too often and regularly deliver mail to the wrong houses. Days of when you knew your local bobby and postman are gone, excepting perhaps in villages. I believe nowadays they're now timed at a walking (jogging) speed of 'productivity' so I guess if they're running behind schedule dumping a batch through one letterbox to leave it to the residents to deliver to each other is a common means for them to 'catch-up'.

Edited April 12 by Bratnia

[James32]

£451 spot on a sovereign 

£479 spot on a £1/4 oz

 

[Darr3nG]

Just now, James32 said:

£451 spot on a sovereign 

I may be too cheap! 

[James32]

1 minute ago, Darr3nG said:

I may be too cheap! 

Tbh dealer's must be the better option Currently 

https://atkinsonsbullion.com/sell-to-us/gold/gold-coins/gold-sovereign-coins/pre-owned-full-sovereign-gold-coin-mixed-dates

£439..not amazing but I can understand why there holding a little back.

[dicker]

Will be interesting to see if any dealers are actually open this weekend.

 

[KevjustKev]

20 minutes ago, Orpster said:

There are rumours of a possible bank failure today,

Best hope it is something like that, if it is the start of the collapse of the dollar were all up the creek and Gold wont save us

The UK will be as hurt by an dollar collapse as the US will

 

Metro?

[Paul]

2 minutes ago, James32 said:

Tbh dealer's must be the better option Currently 

https://atkinsonsbullion.com/sell-to-us/gold/gold-coins/gold-sovereign-coins/pre-owned-full-sovereign-gold-coin-mixed-dates

£439..not amazing but I can understand why there holding a little back.

They've 1006 best value/price sovereigns available so they are not short of stock, that's nearly a half mill, (well might be by the end of the day)

Wonder if stuff is flying off the shelves or not ? 

[treetop1280]

1 minute ago, dicker said:

Will be interesting to see if any dealers are actually open this weekend.

 

I’m always open ???  , to sell round things made of gold???, 25 hrs a day ??? 8 days a week , 366 days a year ???

[Bratnia]

3 minutes ago, KevjustKev said:

Metro?

Wider/bigger https://www.express.co.uk/finance/personalfinance/1886517/jpmorgan-boss-jamie-dimon-warns-risks-seen-since-world-war-ii

[Agaupl]

3 minutes ago, dicker said:

Will be interesting to see if any dealers are actually open this weekend.

 

Will be a very busy hedging weekend. 

[Paul]

2 minutes ago, KevjustKev said:

Metro?

Our metro in newcastle has been failing since it opened in 1980

[Paul]

We haven't had a nice meme today yet

I'll set the ball rolling

[DisplayName]

Calling it now - crash to happen at 1929.9

[James32]

3 minutes ago, DisplayName said:

Calling it now - crash to happen at 1929.9

Yeah stick your crystal ball back in the dishwasher and try again.