Gold Monitoring Thread £ GBP only

[Anteater]

14 minutes ago, katyc said:

Found an article confirming they're being tested.  But in my 40+ years on this planet, I've never heard them once. Not trying to be a conspiracy theorist, but it does make you wonder why now. WW3 threat does concern me. Iran and UK don't have the best relationship apparently.

Just for reference, civil defence sirens were tested occasionally prior to their decommissioning in the early 90s. I remember hearing tests a couple of times. I've also seen news reporting when site-specific sirens were tested in more recent years (eg at Devonport.)

Edited April 16 by Anteater

[Bratnia]

2 hours ago, Spyder said:

If one wants to know the prices of commodity, forex, indices etc, this is by far the best site to bookmark

https://tradingeconomics.com/

3.9% UK jobless rate when 6.2 million are receiving Universal Credit = not in a real job, just kept off the streets/active that's part funded by taxpayers/private sector.

Nice bookmark, thanks.

[Fishface220]

1 hour ago, Darr3nG said:

Not before grabbing the gold and a packet of haribos 

[Fishface220]

1 hour ago, modofantasma said:

£1903

I’ve got a nice shiny 2022 ready and waiting

[HerefordBullyun]

13 hours ago, katyc said:

No James, we all know that's you!

 

13 hours ago, James32 said:

Kinda done me up like a kipper there....not impressed. 

TSF marital tiff going on here!

Not even love hoovering going on.

Can I ask that both of you get your pipes back out and start buying from bbp please.

I think NBS should mediate to ensure normal service is resumed.

Edited April 16 by HerefordBullyun

[Go65]

1 hour ago, katyc said:

Well air raid alarms are going off where I am (West Yorks). Probably a drill of course, but me no likely! (Never heard them go off in my life!)

Also, went off a few mins stopped and back on again now. Makes you wonder why they're testing them now.... 

 

1 hour ago, katyc said:

Found an article confirming they're being tested.  But in my 40+ years on this planet, I've never heard them once. Not trying to be a conspiracy theorist, but it does make you wonder why now. WW3 threat does concern me. Iran and UK don't have the best relationship apparently.

Please don’t concern yourself. 
Posturing and bluff. 
There is no way West Yorkshire is getting targeted… just think about it.

🤔

[Bratnia]

9 minutes ago, Go65 said:

 

Please don’t concern yourself. 
Posturing and bluff. 
There is no way West Yorkshire is getting targeted… just think about it.

🤔

A country is only a safe/secure as the strength of its military might and resolve of its government

[Petra]

1 minute ago, Bratnia said:

A country is only a safe/secure as the strength of its military might and resolve of its government

Ever since there has been a military it is a fact that ‘it’s not as good as it used to be, you new guys have it easy!’ is always said to new guys joining. Also … ‘we had it harder’ inevitably things change, both people and equipment 🤔😮

[PapaLazarou]

23 minutes ago, Bratnia said:

A country is only as safe/secure as the resolve of its government.

Sorted...

Edited April 16 by PapaLazarou

[SidS]

3 minutes ago, PapaLazarou said:

Sorted...

Oh now I recognise him. I was wondering who it was. 😁

[DisplayName]

Resume posting on gold price or you're getting Friday's hose again

[Bratnia]

Stocks broadly tend to see prices rise over time that negate inflation, and also pay dividends.

Own a home and again price rises might broadly negate inflation and avoids having to find/pay rent, has imputed rent benefit

Gold (and cash deposits/bonds) broadly might be expected to just see price rises that broadly negate inflation

But all in a volatile manner, you can select two points in time to make a asset look extremely great, or lousy, according to whichever picture you might want to paint.

When you rebalance, such as yearly rebalancing back to thirds house/stock/gold weightings, that is a form of add-low/reduce-high trading that in itself tends to yield a 'dividend'. Attribute those 'trading' gains to gold, as though gold also paid a dividend and stock/home/gold can compare to all-stock total returns, but tending to do so in a less volatile manner. Three assets (land/stock/commodity), three sources of income (imputed rent, dividends, withdrawals (SWR)). Similar total return reward expectancy to all-stock but with less volatility = better risk-adjusted reward (higher Sharpe Ratio).

It's not easy to rebalance your home value, other than maybe at seven-year-itch type intervals, however the interval between rebalancing isn't a critical factor, more a case of being appropriate when more extreme deviations have occurred. Non rebalanced has the tendency to see the portfolio averaging higher average weighting in the asset(s) that performed the best, low weighting in the asset(s) that performed poorly. 33.3/33.3/33.3 initial stock/home/gold weightings might drift to being 50/40/10 in the best/mid/worst assets, time averaged 42/37/21 weightings, and yielded a similar overall total return reward to had you rebalanced back to 33.3/33.3/33.3 weightings each and every year.

Note the inverse correlation between stocks and gold. Across periods when stocks did poorly gold did well and vice versa. Having one or more assets that do well more consistently is important, otherwise if you're totally in say just stocks that endure a decade long period of low/no real gains, maybe even a loss, then if you're also drawing a income from that such as a 4% SWR then that eats into your base capital, erodes the portfolio value, potentially to a low point that is too low to recover from.

[katyc]

32 minutes ago, DisplayName said:

Resume posting on gold price or you're getting Friday's hose again

But nothing affects the price of gold more than war.

It's all relative 😁

[modofantasma]

29 minutes ago, DisplayName said:

Resume posting on gold price or you're getting Friday's hose again

Low 1900s

[9x883]

£1910, to the nearest 10😁

[HonestMoneyGoldSilver]

3 hours ago, Darr3nG said:

No need to panic until you see @Solachesis posting pics of Aladeens

[Upsidedown]

3 hours ago, Darr3nG said:

I don't think we are far off this being taught in schools again

[Chronos]

2 hours ago, DisplayName said:

Resume posting on gold price or you're getting Friday's hose again

For £5,99 you can post whatever you want about Sunak.

Codename: Chris

[Gruff]

Based on the behaviour of the stock market, I'd say Gold is holding it's own and doing it remarkably well!

[James32]

£1917

[9x883]

Rocket Fuel 🚀 , dip over buybuybuy📈📈📈📈📈📈

[Bratnia]

2 hours ago, SidS said:

Oh now I recognise him. I was wondering who it was. 😁

He has 100% support from his electorate, which wasn't the general public, wasn't even the Conservative Party Members - just himself (the great backstabber he is).

[James32]

£1919.32

 

[ArgentSmith]

£1,920.36

[9x883]

Friday vibes 📈📈📈📈📈🚀