Gold Monitoring Thread £ GBP only

[Bratnia]

If this is a start of a gold-rush, Russia dumping US Treasury's and securing physical gold via a back door, Zimbabwe - buying CME Options that at expiry will be demanded to be filled in physical gold form rather than cash settlement, will that be US physical gold, or will Chicago use London gold? That could present 'emergency measures' being applied against individuals holding/trading physical gold within the UK.

[Upsidedown]

4 minutes ago, James32 said:

Me, it won't happen. 

When it does, it'll be double sweet cuz we get to laugh at James.

[gkoogk]

Those £225 sovs from Harringtons are looking mighty pretty now lol

[HerefordBullyun]

The thing is why isnt mainstream media reporting about gold prices. Because the governments dont want moral panic that's why...

[Go65]

1 minute ago, Bratnia said:

If this is a start of a gold-rush, Russia dumping US Treasury's and securing physical gold via a back door, Zimbabwe - buying CME Options that at expiry will be demanded to be filled in physical gold form rather than cash settlement, will that be US physical gold, or will Chicago use London gold? That could present 'emergency measures' being applied against individuals holding/trading physical gold within the UK.

We don’t have any gold, do we? Whose problem would it be? The government’s or the market makers?  I really don’t understand so I apologise if it’s stupid. 

[Thelonerangershorse]

Just now, gkoogk said:

Those £225 sovs from Harringtons are looking mighty pretty now lol

Especially if you own a paper recycling business on the side.

[HerefordBullyun]

Just now, Thelonerangershorse said:

Especially if you own a paper recycling business on the side.

What you burn your banknotes to melt gold?

You should be on dragon's den 

[9x883]

27 minutes ago, BLOOMMAN101 said:

flipping heck

sh sh sh shooooruuuuken

[Bratnia]

1 minute ago, Go65 said:

We don’t have any gold, do we? Whose problem would it be? The government’s or the market makers?  I really don’t understand so I apologise if it’s stupid. 

The BoE have 5000 tonnes in its vaults, second largest after the US. Raises barriers against it being repatriated as that is inclined to induce wars/problems. A hangover from when the UK was the global hub for accounting/law/finance. A gold-rush, when there's 120 times more paper gold than physical gold could see the BoE vaults being emptied along with the leverage that otherwise provides the 'West'. Could induce wars.

[stefffana]

On 04/03/2024 at 14:47, Orpster said:

 

On 05/03/2024 at 04:26, dicker said:

 Back on topic £1666

 

[dicker]

22 minutes ago, Chronos said:

Their shorts are getting burned.

I’m betting that there are various HF’s and banks that have taken really serious hits on their shorts.  

[AndrewSL76]

The page numbers on this thread are moving upwards as fast as the gold price. I cannot keep up!!!

[Thelonerangershorse]

1 minute ago, AndrewSL76 said:

The page numbers on this thread are moving upwards as fast as the gold price. I cannot keep up!!!

How long till we catch the NBS?

[HerefordBullyun]

1 minute ago, Thelonerangershorse said:

How long till we catch the NBS?

You'll all be dead by then

[Paul]

3 minutes ago, HerefordBullyun said:

The thing is why isnt mainstream media reporting about gold prices. Because the governments dont want moral panic that's why...

But mainstream media is there to educate and inform us, isnt it ?

It not about selling advertisements, pushing political agendas, reshaping society, set agendas, push world globalist polices, biased and selective reporting,  prioritising SJW and woke news, peddling doom and gloom porn 24-7, sensationalism, pushing conflict driven narratives or looking after cooperate interests surely is it ?

[James32]

21 minutes ago, HerefordBullyun said:

@James32 how rich are you now? Asking for a bert

Put the soup down, today is a caviar day!

[9x883]

You know when you've been looking at the charts for too long today, mistaking the time for the price!!! Heart skipped a few beats just now!😂😂😂

[RoughDog]

1 minute ago, James32 said:

Put the soup down, today is a caviar day!

What is it when it hits £2000

[Orpster]

6 minutes ago, stefffana said:

 

 

[modofantasma]

3% away from £2k an oz?

[9x883]

Just now, RoughDog said:

What is it when it hits £2000

Maccies😜😜😜

[AdamDutton]

Waiting for a pullback before loading the boat in my personal stack.

[Paul]

 £1950

[dvl]

Please guys, slow down a bit. I reckon we will first see a 1000 page on this thread before gold hit £2000 😆

[ArgentSmith]

2 minutes ago, RoughDog said:

What is it when it hits £2000

About half past four at this rate