Gold Monitoring Thread £ GBP only

[HerefordBullyun]

21 minutes ago, sjhdesmond said:

I don't know why but I now have a mental image of Bully in an executive office, walls adorned with those clocks with little placards underneath saying New York, Hong Kong, Frankfurt etc etc

Doubt that sat in pjs working from home - The only thing I have is New Pork and Frankfurters with my soup I had for lunch! No clocks - as time waits for no man!

Edited November 24, 2021 by HerefordBullyun

[HerefordBullyun]

3 minutes ago, Roy said:

With the December issue of Razzle in the top left drawer....

This man knows me so well - laminated of course!

[Roy]

1 minute ago, HerefordBullyun said:

laminated of course!

Easy to wipe down 👍

[HerefordBullyun]

1 minute ago, Roy said:

Easy to wipe down 👍

Gotta look after your literature, or you will end up buying more and not being able to stack!

[sjhdesmond]

41 minutes ago, HerefordBullyun said:

Doubt that sat in pjs working from home - The only thing I have is New Pork and Frankfurters with my soup I had for lunch! No clocks - as time waits for no man!

Sounds like a right sausage-fest...

[HerefordBullyun]

One thing I am seeing is bearish divergence on the GBP/USD pair if powell defends the dollar from the FOMC its not good for metals gold/silver nor GBP. 

[Minimalist]

10 minutes ago, HerefordBullyun said:

powell defends the dollar

Its incredible that they have convinced the planet that by inflating the Fed Dollar that its strengthened.

[HerefordBullyun]

2 minutes ago, Minimalist said:

Its incredible that they have convinced the planet that by inflating the Fed Dollar that its strengthened.

You know as well I do they will continue to kick the can down the road - the difference is what they say and what they do is rubbish

[Minimalist]

Just now, HerefordBullyun said:

You know as well I do they will continue to kick the can down the road - the difference is what they say and what they do is rubbish

Yeap. Try telling that to the Keynesians on here 🙄

[Pete]

Funny how I haven't seen all the Bull Sh!t from the usual sources & dealers today following the crash.
I reckon prices fell because we have just launched a rocket to knock an asteroid out of its track that is heading our way, too close for comfort.
If the world is going to end in a year best sell and enjoy what time is left, otherwise buy - take your pick.
Seems as good a reason as linking to some government announcement / global crisis etc.

[CANV]

Not a good start to the day for anything really.  Except PM holding its ground 

[AuricGoldfinger]

@CANVJust looked at my shares. Ouch.

[Stacktastic]

19 minutes ago, CANV said:

Not a good start to the day for anything really.  Except PM holding its ground 

Whats happened - just looked at the FTSE!

[jultorsk]

6 minutes ago, Stacktastic said:

Whats happened - just looked at the FTSE!

Blame the monsterhorrendous South African mutation.... 

 

[Stacktastic]

6 minutes ago, jultorsk said:

Blame the monsterhorrendous South African mutation.... 

 

Give me strength - the markets are as dumb as the general public. 😛 
On the plus side at least drops like this can in some way be predicted, remember that Nasdaq flash crash last year - utter madness. 

Edited November 26, 2021 by Stacktastic

[CANV]

Third jabs not selling as fast as hoped. Javids cousin who is in big pharma needs a fire sale to pay for that Range Rover he was buying his wife for Xmas 

meanwhile Hancocks sister is still sitting on a pile of masks and hand gel. Got to shift that.  
 

I know scary new South Africa variant. !    Funny how you never get a variant from somewhere ‘Reassuring’.  The Swiss variant or maybe the Surrey variant 

[sjhdesmond]

6 minutes ago, CANV said:

Third jabs not selling as fast as hoped. Javids cousin who is in big pharma needs a fire sale to pay for that Range Rover he was buying his wife for Xmas 

meanwhile Hancocks sister is still sitting on a pile of masks and hand gel. Got to shift that.  
 

I know scary new South Africa variant. !    Funny how you never get a variant from somewhere ‘Reassuring’.  The Swiss variant or maybe the Surrey variant 

There was the Kent variant.

[CANV]

My point exactly 😉

[modofantasma]

I noticed there was more movement than usual first thing pre London (from the Asian session)  

Got the popcorn out for US open 🍿

Look at oil 😬

Btc and eth also doing opposite to Gold

Edited November 26, 2021 by modofantasma

[HerefordBullyun]

12 minutes ago, modofantasma said:

I noticed there was more movement than usual first thing pre London (from the Asian session)  

Got the popcorn out for US open 🍿

Look at oil 😬

Btc and eth also doing opposite to Gold

US only open half day today due to spanksgiving yesterday

[modofantasma]

Cheers Bully. Much rather be eating some left over turkey than looking at charts 🦃

[HerefordBullyun]

4 minutes ago, modofantasma said:

Cheers Bully. Much rather be eating some left over turkey than looking at charts 🦃

https://www.marketbeat.com/stock-market-holidays/

I expect you know the UK ones but US listed above

[sjhdesmond]

1 hour ago, CANV said:

My point exactly 😉

I think the point is down to demographics and scientific infrastructure.

Where have the known variants come from? China in the first place, Brazil, India, South Africa - all large countries, large migratory populations and in South Africa's case, lots of migration from other countries in Southern Africa (it appears this variant probably originated in Botswana).

Crucially the above all have sufficient facility to routinely undertake widespread genetic sequencing of positive cases, hence the discovery of new variants in these countries. Botswana does not do this in the same way that more economically developed countries do.

It would not be a surprise if future variants were found in countries like Mexico, Indonesia, Turkey etc, who share a similar demographic and economic circumstance.

If you have shares in mining companies, keep an eye on where they operate.

[Martlet]

On covid, a few things. Delta variant is the Kent variant thats more transmissable though lower danger than earlier.  Variants are discovered all the time from across the world, however nearly all the sequencing is done in Europe where they have the expertise and equipment. Example even the original Covid was genetically sequenced and identified in a German lab. 

The latest variant was found a couple fo weeks ago, the identification release earlier this week.  It takes time to go from sample to full sequencing. The fear is there are an awful lot of mutations in this variant, several seen before in more danergous variants, and some new.  However there is no real data yet on whether this i more transmissible or dangerous to infected, nor data on vaccine response.  The market reaction is all due to fear these will be worse.  

Trade accordingly. 

[HerefordBullyun]

Dont be surprised if gold gets monkey Hammered monday - but thats me saying that and it will probably explode lol

 

Edited November 26, 2021 by HerefordBullyun