Gold Monitoring Thread £ GBP only

[Orpster]

1 minute ago, Thelonerangershorse said:

Quick survey,

              How many people are looking at thier stack this morning and realising that the £3K CGT limit might be more of a problem than they expected?

Not me given my entire stack is CGT free

[Paul]

1 minute ago, Thelonerangershorse said:

Quick survey,

              How many people are looking at thier stack this morning and realising that the £3K CGT limit might be more of a problem than they expected?

i thought we all lost our gold in a boating accident ?

[ant1882]

1 hour ago, AndrewSL76 said:

Has anyone got an overview of what the dealers are paying per sovereign at the moment? I have a contact in Hatton Garden that will always pay spot. When he is not buying there is an alternative that always offers 97%. Either way, that's pretty good at the moment considering the prices a week ago. Not sure about the others (ATS, HGM, Bairds etc.) Is there a 'price' comparison website for what they pay??

Chards website tells you what they are currently paying, I don't know of a comparison site though.

[KitchenCollector]

19 minutes ago, Paul said:

I'm just thinking, looking at the six month gold chart, we are +25% up for the sake of super simple maths 

Those of us here with PF70 gold in plastic coffins

If you were holding a £1000 coin six months ago, is it right it is worth to £1250 ?

or is the price about the same ??

A lot of our gold proof pieces we are still not close to break even at  ie buying a new 1oz gold proof from RM is still £2770

With this +25% increase to spot for common gold/circulated sovereigns, could this be a good time to pick up now under valued PF70s ?

Sorry if this is a bit rambling and without focus but hopefully see my point ?

Any opinions ??

 

I've got one of those... by mistake. I hate it. Would have much rather had bullion... it's easier.

[CaptCaveMan]

2 minutes ago, Thelonerangershorse said:

Quick survey,

              How many people are looking at thier stack this morning and realising that the £3K CGT limit might be more of a problem than they expected?

CGT free only so no issues my end... (famous last words!)

Concern is how many coins I'll be down within the annual exemption vs. quantity bought.

[AndrewSL76]

6 minutes ago, ant1882 said:

Chards website tells you what they are currently paying, I don't know of a comparison site though.

All the dealers offer their current pricing online. I am just being lazy and trying to see if there was a single place for this information. If I remember correctly, i think @Darr3nG developed the comparrison for buying from dealers....I have a feeling that Lawrence Chard even talked to Darren during that development.......if my memory is working!!

@Darr3nG is this something that is possible? Comparrison for prices offered by dealers for sovereigns, perhaps?

[Paul]

I just had a little look about - going off their web sites. Price for "1oz gold Britannia" SPOT £1918.32

• BBP paying 1841.08 = 96%
• ATK paying 1855.36 = 96.7%
• HGM paying 1803.12 = 94%
• ATS paying 1859.81 = 96.95%
• Chards paying 1879.10 = 97.95%

[dicker]

If you rock up with 200 Sovs my betting is you will get Spot.  

[AaaGee]

Just now, dicker said:

If you rock up with 200 Sovs my betting is you will get Spot.  

Still not the worst (depending on what people paid of course).

 

[9x883]

1920

[AuricGoldfinger]

I have a pawnbroker who deals in a lot of gold they always pay spot. Atkinsons have paid me 1% over spot in the past. They are paying nearly 5% below that now so always pays to keep an eye on the spread as thats a pretty huge difference 

[dicker]

Could it be a bank failure that gold has sniffed out?

[Zhorro]

2 minutes ago, dicker said:

Could it be a bank failure that gold has sniffed out?

Concerns over an Iranian response over the weekend?

[James32]

£1919.90 buy the dip

[PapaLazarou]

7 minutes ago, Zhorro said:

Concerns over an Iranian response over the weekend?

The Fed own a large black swan farm in Iran.

[Paul]

We haven't had a graph today, so here's one 

[ArgentSmith]

https://www.theflyingfrisby.com/p/whats-going-on-with-gold-massive?utm_source=podcast-email%2Csubstack&publication_id=741404&post_id=143487255&utm_campaign=email-play-on-substack&utm_medium=email&r=djebu&triedRedirect=true

[9x883]

C'mon yanks breakthrough £2400 already!!!!

[gji25]

8 hours ago, bobski said:

$2,389.93

 

[James32]

£1922.44

[gji25]

Just now, James32 said:

£1922.44

 

[Paul]

Who remembers when gold was just £1,860oz ?  

I do, yesterday 

[9x883]

5 minutes ago, Paul said:

Who remembers when gold was just £1,860oz ?  

I do, yesterday 

Not me. Every 5mins someone keeps bringing me breakfast 

[goluckystayhappy]

What price did people buy their first 1 ounce gold coin at?

[SlowFrog]

10 minutes ago, James32 said:

£1922.44

I'm still on for my £2K prediction for this weekend!