Gold Monitoring Thread £ GBP only

[Jvw]

5 hours ago, DarkChameleon said:

For cartel read governments keeping metals high or their inflation will run awoke but it's too late, I flatiron is going up fast...pretty soon they won't be able to hold metals so they'll drop fast but then when the markets too volatile metals will rise and rise fast.

I agree, I would think this week we will see a drop and the weeks after a steady recovery until the sprint upwards... 

[Pipers]

Cross roads in Gold price in my view .   Very interesting today

[Paul]

Beep beep beep ......the sound of backing up the truck

[Davey1800]

Was anybody able to buy on Sunday night, when the spot price dropped £50 in an hour? I’ve just managed to snag 10x sovereigns from Atkinson’s for £3108.10. Price is now even lower. I’m hoping for more drops… I have worthless fiat in the bank that I’ve been waiting to convert to the real “Money of Kings” for quite some time.

 

Edited August 10, 2021 by Davey1800
I said I bought 8 sovs, but it was 10.

[Clockpuncher]

7 minutes ago, Davey1800 said:

Was anybody able to buy on Sunday night, when the spot price dropped £50 in an hour? I’ve just managed to snag 8x sovereigns from Atkinson’s for £3108.10. Price is now even lower. I’m hoping for more drops… I have worthless fiat in the bank that I’ve been waiting to convert to the real “Money of Kings” for quite some time.

£388 each? Seems a bit ££££

[AuricGoldfinger]

39 minutes ago, Clockpuncher said:

£388 each? Seems a bit ££££

My thoughts exactly I’ve been waiting for 10x sovereigns to drop below £3000

[LawrenceChard]

On 18/07/2021 at 20:47, AuricGoldfinger said:

I’ve been getting FT Weekend aswel lately as found the telegraph a little repetitive. 

You can say that again! 🙂

[Davey1800]

11 hours ago, Clockpuncher said:

£388 each? Seems a bit ££££

My mistake… 10 sovs, not 8. I have 8 at home already, that’s how I got mixed up.

[dicker]

Watch the US CPI figures tomorrow…..

I think we will see worse than expected inflation figures, just as the $1.2 Trillion has been passed….

I suspect the market might know this or strongly suspect this, hence gold firming up.

But, I am a fool and it’s just a guess.  
 

Best

Dicker

[HerefordBullyun]

the thing is CPI isnt a real true reflection on inflation, the RPI is closer and thats not close even enough.

[Minimalist]

25 minutes ago, HerefordBullyun said:

the thing is CPI isnt a real true reflection on inflation, the RPI is closer and thats not close even enough.

Im still impressed that people, from the average joe, on here and in the financial world refuse to admit this into their consciousness. In my experience, when I ask people who hold the belief that the CPI is upstanding they change their tune when they extrapolate and explain the conclusion of what they were suggesting. Most people dont want to admit they are in a farm-like-economic-slave-system.

[dicker]

This is a thread on Gold priced in GBP. My point isn’t about “slave systems” or the “correct” measure of inflation but simply one set of figures that will be released tomorrow.  

The context being that gold rose in price in GBP today, and the US CPI numbers are out tomorrow.  Nothing more, nothing less.

I suspect the other topics could do with their own threads.

Best

Dicker

[Minimalist]

17 hours ago, dicker said:

This is a thread on Gold priced in GBP. My point isn’t about “slave systems” or the “correct” measure of inflation but simply one set of figures that will be released tomorrow.  

The context being that gold rose in price in GBP today, and the US CPI numbers are out tomorrow.  Nothing more, nothing less.

No one said it wasnt.

I was highlighting the principle; the Fed is suppressing the real value of Gold by hiding the real inflation numbers. Nearly $10trillion has been printed post-2008 due to dollar dumping (QE - thats what we know and my gut tells me its more in private behind closed doors). The real Gold price should be in thousands of dollars, so you posting to members to bring their attention towards the CPI is pointless as its another concealment mechanism. What we should be bringing our attention to is China and Russia dumping dollars and buying up Gold, thats the real push towards the real price. Nothing in the West will push the price up.

The East and African Billionaires are now advocating people to increase personal and government portfolios in Gold.

All eyes are on China, and this whole thread should be focusing on the East dumping UST not mentioning corrupt measures.

[dicker]

1257 - some level of stability again.

[HerefordBullyun]

1 hour ago, dicker said:

1257 - some level of stability again.

Yes I think the metals liked the figures if only they were nearer to the truth. 

But as the saying goes chickens come home to roost eventually. I was reading that the fed is hawkish on raising rates in 2022. And Mr Schiff is right it won't happen. I am willing to wager anyone a Oz of silver they don't get raised in 2022.

First come first served basis.

Best Bully 🐮

[dicker]

1 minute ago, HerefordBullyun said:

Yes I think the metals liked the figures if only they were nearer to the truth. 

But as the saying goes chickens come home to roost eventually. I was reading that the fed is hawkish on raising rates in 2022. And Mr Schiff is right it won't happen. I am willing to wager anyone a Oz of silver they don't get raised in 2022.

First come first served basis.

Best Bully 🐮

Kind offer, but I will pass on that one Bully!

 

[Minimalist]

8 minutes ago, HerefordBullyun said:

I was reading that the fed is hawkish on raising rates in 2022. And Mr Schiff is right it won't happen. I am willing to wager anyone a Oz of silver they don't get raised in 2022.

First come first served basis.

See I think it will… With up to 0.20 basis points (ie… Nothing)

The only thing that will push it up (interest rates) is when China and Russia dump all UST. As we know, until that happens, we are heading towards negative US interest rates (this decade or the next).

The future is bright for us metal stackers. Its all about the long game.

The West is in for the biggest fright of its entire existance… Yet people want to deny it.

[Martlet]

US CPI number was up, but lower increase than June, so mix bag there and not a lot of action for gold.  UK CPI number next week might have more effect, if it affects £:$.

Edited August 11, 2021 by Martlet

[HerefordBullyun]

5 hours ago, Minimalist said:

See I think it will… With up to 0.20 basis points (ie… Nothing)

The only thing that will push it up (interest rates) is when China and Russia dump all UST. As we know, until that happens, we are heading towards negative US interest rates (this decade or the next).

The future is bright for us metal stackers. Its all about the long game.

The West is in for the biggest fright of its entire existance… Yet people want to deny it.

Happy to have the wager!!!! Aslong as the silver is assaye marked from your neck of the woods, or I wont accept ya glasweigien tin 😁.

Weve raped pillaged ya enough to know the score...

lots of love ya best southern shandy drinking sassanack  bezzer mate from the heetheans- who smells of english poo poo...

God save er maj as you loves that etc etc 😁😁🐮

Disclaimer I fart rainbows from eating crayons.....🌈💨

 

[Cogload]

Dunno why but the youtube channellers who were squawking about great resets and UUGGE prices for precious metals have gone very quiet. 

There are bigger returns elsewhere with interest rates rising - so I am somewhat bemused that people are miffed that the big guns are deploying their cash in other places. Ah well, I am quietly tootling along - buying bits and pieces now and then. 

Perhaps there should be a sub forum for those of us who can't afford to buy ounces and our budgets are somewhat in the fractional range? 🤐 I seem to be a bit lost reading the size of everyone else's purchases...🤨

 

[HerefordBullyun]

2 hours ago, Cogload said:

Dunno why but the youtube channellers who were squawking about great resets and UUGGE prices for precious metals have gone very quiet. 

There are bigger returns elsewhere with interest rates rising - so I am somewhat bemused that people are miffed that the big guns are deploying their cash in other places. Ah well, I am quietly tootling along - buying bits and pieces now and then. 

Perhaps there should be a sub forum for those of us who can't afford to buy ounces and our budgets are somewhat in the fractional range? 🤐 I seem to be a bit lost reading the size of everyone else's purchases...🤨

 

Just continue to stack slowly any quietly. You will be amazed how much you accumulate in time. It adds up quicker than you think.

Only afford what you can buy.

[Pipers]

1 minute ago, HerefordBullyun said:

Just continue to stack slowly any quietly. You will be amazed how much you accumulate in time. It adds up quicker than you think.

Only afford what you can buy.

👍

[Bars]

3 hours ago, HerefordBullyun said:

Just continue to stack slowly any quietly. You will be amazed how much you accumulate in time. It adds up quicker than you think.

Only afford what you can buy.

I’d love to afford what I can buy, but at the moment I can only buy what I can afford! 

[AuricGoldfinger]

7 hours ago, Cogload said:

Dunno why but the youtube channellers who were squawking about great resets and UUGGE prices for precious metals have gone very quiet. 

There are bigger returns elsewhere with interest rates rising - so I am somewhat bemused that people are miffed that the big guns are deploying their cash in other places. Ah well, I am quietly tootling along - buying bits and pieces now and then. 

Perhaps there should be a sub forum for those of us who can't afford to buy ounces and our budgets are somewhat in the fractional range? 🤐 I seem to be a bit lost reading the size of everyone else's purchases...🤨

 

Form tiny acorns the mighty oak shall grow!

[HerefordBullyun]

6 minutes ago, AuricGoldfinger said:

Form tiny acorns the mighty oak shall grow!

my mum said that to me about my tiny acorn between my legs. She lied like a japanese watch!