Gold Monitoring Thread £ GBP only

[dicker]

I’m always wrong about short term gold price. Always!

However, I am going to stick my neck out and say that I think that we are going to see more strong upside this coming week.  War is driving sentiment but just look at the inflationary pressures that are now becoming evident: Energy, Wheat etc

 

 

[RDHC]

51 minutes ago, dicker said:

I’m always wrong about short term gold price. Always!

However, I am going to stick my neck out and say that I think that we are going to see more strong upside this coming week.  War is driving sentiment but just look at the inflationary pressures that are now becoming evident: Energy, Wheat etc

 

 

So will it be a tug-of-war between inflation and rising interest rates? I would not be happy in any way if the rise in price depends upon the tragedy of the Ukraine.

[NewCoins]

1 hour ago, RDHC said:

So will it be a tug-of-war between inflation and rising interest rates? I would not be happy in any way if the rise in price depends upon the tragedy of the Ukraine.

Don't worry about it.

The Russians are petrified everytime they hear a farmer in a tractor 😉

Edited March 5, 2022 by NewCoins

[GoldenGriffin]

Some may not watch Kitco, but I like listening to E.B. Tucker when he's on.  He thinks gold is going to go higher.  Says that "gold isn't in the headlines", which is interesting, premiums are significantly higher when buying physical gold.

 

Another interesting video from Ray Dalio, "changing world order" and how that relates to what's going on in the world today.  Just under 44 minutes long, but do recommend watching.

 

 

[Midasfrog]

3 hours ago, FlorinCollector said:

I know its a joke but that is why everyone offers different advice. If you are 60 odd you aren't waiting 30 years to realise the investment. However, if you are 20 not a problem generally. 

60 is the new 20 🤞 

Yes you are spot on about advice being different for everyone 👍

[HerefordBullyun]

5 minutes ago, Midasfrog said:

60 is the new 20 🤞 

 

Thats what the billioniare hugh heffner said mind you its literal when you been bumming chicks at his age!

Edited March 5, 2022 by HerefordBullyun

[Midasfrog]

3 hours ago, SidS said:

I'm thinking about the price in 2201, I'll be quids in by then. Only one small problem though... 😁

What do you think the spot price for a sovereign will be in 2201 ?

179 years from now 🙄 

[James32]

7 minutes ago, Midasfrog said:

What do you think the spot price for a sovereign will be in 2201 ?

179 years from now 🙄 

330-340 electronic figibytes

[HerefordBullyun]

10 minutes ago, Midasfrog said:

What do you think the spot price for a sovereign will be in 2201 ?

179 years from now 🙄 

I wont care as I will pushing up the daises!

[stefffana]

11 minutes ago, Midasfrog said:

What do you think the spot price for a sovereign will be in 2201 ?

179 years from now 🙄 

We cant predict the gold spot for one week.😊

[HerefordBullyun]

2 minutes ago, stefffana said:

We cant predict the gold spot for one week.😊

Some can......

[stefffana]

21 minutes ago, HerefordBullyun said:

Some can......

Tell me, Grandmaster, the gold price for next Friday, please...!

[Midasfrog]

29 minutes ago, James32 said:

330-340 electronic figibytes

And Putin & Rubles will be a distant memory 🤔

[HerefordBullyun]

5 minutes ago, stefffana said:

Tell me, Grandmaster, the gold price for next Friday, please...!

3p

[James32]

2 minutes ago, HerefordBullyun said:

3p

Pennies or pence?

[HerefordBullyun]

Just now, James32 said:

Pennies or pence?

Pee!

[James32]

Just now, HerefordBullyun said:

Pee!

Just went thanks

[HerefordBullyun]

Just now, James32 said:

Just went thanks

I will have 3 of them when the price goes up... hence 3 pee

[Darr3nG]

4 minutes ago, James32 said:

Pennies or pence?

Penneth

[Midasfrog]

12 minutes ago, HerefordBullyun said:

3p

Is that the same as a Thrupence 😂

[Paul]

Just 30 dollars off the invisible mental barrier of $2000 ........next week??

[ady]

1 hour ago, Midasfrog said:

What do you think the spot price for a sovereign will be in 2201 ?

179 years from now 

Well they say history repeats so looking back to 1843 I'd go with $20.67  !

[Airhead]

Taking a bit of a contrarian position, if Russia starts to unload some of its gold reserves, as its sovereign wealth fund has been seized by the west, this could depress the price somewhat, perhaps, maybe. Not sure what effect a few tons of bullion would do to the price, but as they say, buy the dips.

Edited March 5, 2022 by Airhead
more letters

[Petra]

13 minutes ago, Airhead said:

Taking a bit of a contrarian position, if Russia starts to unload some of its gold reserves, as its sovereign wealth fund has been seized by the west, this could depress the price somewhat, perhaps, maybe. Not sure what effect a few tons of bullion would do to the price, but as they say, buy the dips.

Where they going to sell it? If they managed to the first you would know is that it had been done, no market dip, probably not know who got it, but probably china.

 

[Airhead]

2 minutes ago, Petra said:

Where they going to sell it? If they managed to the first you would know is that it had been done, no market dip, probably not know who got it, but probably china.

 

Dubai or Shanghai as London and New York are closed to Ivan at this time. Gordon Brown sold half our reserves and the price dipped, although he did tell everyone before the event.