Gold Monitoring Thread £ GBP only

[Paul]

Cash ooooooooottttttt ! 

[Midasfrog]

43 minutes ago, Paul said:

Cash ooooooooottttttt ! 

Noooooooo hold strong 🤣

[Ukbullionfan]

1 hour ago, SovereignBishop said:

So folks are we going to see £380 sovs soon and will anyone here actually be buying at a high price ? 
 

 

Last year I bought ten 2021 sovereigns at these prices.

 

2021 Gold Sovereigns £341

2021 Gold Sovereigns £324.90

2021 Gold Sovereigns £324.90

2021 Gold Sovereigns £324.90

2021 Gold Sovereigns £325.30

2021 Gold Sovereigns £330.60

2021 Gold Sovereigns £329.50

2021 Gold Sovereigns £331.90

2021 Gold Sovereigns £331.90

2021 Gold Sovereigns £326

 

Sub Total £3290.90 (£329.09 average)

 

<sorry it was a copy and paste from my notes>

 

So far this year I have only purchased two 2022 ones. One for £333 and £337. Small average of £335. I wanted to buy ten in total this year averaging at £335 a piece. I doubt that will happen now.

[Paul]

10 minutes ago, Ukbullionfan said:

So far this year I have only purchased two 2022 ones. One for £333 and £337. Small average of £335. I wanted to buy ten in total this year averaging at £335 a piece. I doubt that will happen now.

Selling privately, you'll normally always be able to get an extra £10-£20 per 2022 sovereign in years to come once they are not  easily available, due to the variant design, as it should follow the 2002 2005 2012 more than likely

[James32]

When selling at spot will become a regular occurrence 😅

[SovereignBishop]

The price is only going up due to uncertain markets. Will hopefully correct soon and allow us all to buy £330 sovereigns again. 

[Paul]

Wonga was right

[sjhdesmond]

2 hours ago, SovereignBishop said:

So folks are we going to see £380 sovs soon and will anyone here actually be buying at a high price ? 
 

They've been 380 in the window of Ramsdens since before Christmas.

[MJCOIN]

20 minutes ago, SovereignBishop said:

The price is only going up due to uncertain markets. Will hopefully correct soon and allow us all to buy £330 sovereigns again. 

Uncertaintity is what we have to look forward to imo.  Increasing interest rates, high prices for oil and gas, instability across the world, shortages to continue for some time and the effect of Russia stopping exports of goods we all rely on will only see the gold price remain high for some time to come.  Just my opinion.

[James32]

@Midasfrog you were right 🤝

[Stu]

I miss sub £200 sovs😕(still , got some in my stack)

[Midasfrog]

12 hours ago, Midasfrog said:

Todays high so far £1411.25 👍 looking good to hit this weeks target of £1450 at some point 🚀

Whats your prediction for the middle of next week ? can you PM me 😂😂

£1500 

[James32]

9 minutes ago, Midasfrog said:

Whats your prediction for the middle of next week ? can you PM me 😂😂

£1500 

Woke up to a mini blizzard 😩 snowed in , can't even run past the neighbours and shout...I'm rich...without breaking my neck

[CaptCaveMan]

15 minutes ago, Midasfrog said:

Whats your prediction for the middle of next week ? can you PM me 😂😂

£1500 

At this rate it might be 1500 today 😲

[Midasfrog]

3 minutes ago, James32 said:

Woke up to a mini blizzard 😩 snowed in , can't even run past the neighbours and shout...I'm rich...without breaking my neck

I can deal with the snow just about its the convoy of tanks with red stars on that might be a problem 🙈

UK pandemic ends today and now Putin starts his games,  todays high so far £1470 

[James32]

Just now, Midasfrog said:

I can deal with the snow just about its the convoy of tanks with red stars on that might be a problem 🙈

UK pandemic ends today and now Putin starts his games,  todays high so far £1470 

Yeah every cloud eventually ****ing rains lol

[SidS]

As much as I'd love to be able to buy sovereigns as cheap as I did all those years ago, the days of $320 gold isn't ever coming back (unless there's a currency reset/revaluation).

I expect by the end of the next decade sovereigns will be £500 a piece, and yes people will still be buying them. £380 will look like a bargain.

[Swampy]

To the moon 🚀

When Lambo? 

 Oh - sorry wrong forum 😆😜

[AuricGoldfinger]

I’ll still be buying. £250 seemed expensive when i was paying £220 a sov.

only this year to buy 2022 sovs, you’ll cover a small premium on those.

[Zhorro]

Gold is now up 5.5% in the past 24 hours.

[AuricGoldfinger]

I specifically told @LawrenceChard to suppress the price until April.

[Paul]

Anyone taking some profits?

[Thelonerangershorse]

7 minutes ago, Paul said:

Anyone taking some profits?

Why take the profit now, when you can wait 10 minutes and make a bigger profit?

 

[modofantasma]

1 minute ago, Thelonerangershorse said:

Why take the profit now, when you can wait 10 minutes and make a bigger profit?

 

Leave a bit for the next mon 😏

[LawrenceChard]

3 minutes ago, Thelonerangershorse said:

Why take the profit now, when you can wait 10 minutes and make a bigger profit?

 

I'm still waiting for silver to hit $50 per ounce ( 18th January 1980).

😎