Gold Monitoring Thread £ GBP only

[Midasfrog]

Only a few pence away now 😂 from ATH

[GoldenGriffin]

2 minutes ago, Midasfrog said:

Not yet the all time high was 1574 still a few quid to go 

I had £1,560 or there abouts in my head.  I searched online and it's in USD.  Where did you source £1,574 for my reference please? 

[Ukbullionfan]

Just now, GoldenGriffin said:

I had £1,560 or there abouts in my head.  I searched online and it's in USD.  Where did you source £1,574 for my reference please? 

Probably BBP

[modofantasma]

Missed it by £1 according to BBP chart

[Midasfrog]

1 minute ago, GoldenGriffin said:

I had £1,560 or there abouts in my head.  I searched online and it's in USD.  Where did you source £1,574 for my reference please? 

BullionByPost   on the 3 year chart 👍

[modofantasma]

In USD this is showing as ATH

[Minimalist]

Any chance of peace talks the Fed will hammer in short positions

Each to our own mind you

[GoldenGriffin]

2 minutes ago, Midasfrog said:

BullionByPost   on the 3 year chart 👍

Cheers!! 👍

And thanks @Ukbullionfan😁

[Ukbullionfan]

2 minutes ago, Midasfrog said:

BullionByPost   on the 3 year chart 👍

Yeh I was looking at that !!! Back in 2002 gold price in June was £223 on the ounce. Crazy !!!!

[ArgentSmith]

Browns Bottom 😳

[Minimalist]

I take it most of members are holding positions for a long term, rather than taking gains and using the gains to purchase more metals?

 

[James32]

6 minutes ago, GoldenGriffin said:

I had £1,560 or there abouts in my head.  I searched online and it's in USD.  Where did you source £1,574 for my reference please? 

@Midasfrog is like the Royal Mint, add a few pound on...nobody will notice lol

[Ukbullionfan]

Just now, Minimalist said:

I take it most of members are holding positions for a long term, rather than taking gains and using the gains to purchase more metals?

 

Nope. I’m selling some small PAMP bars that I have posted up

[James32]

Just now, Minimalist said:

I take it most of members are holding positions for a long term, rather than taking gains and using the gains to purchase more metals?

 

Im doing both to be fair.

 

[Minimalist]

1 minute ago, ArgentSmith said:

Browns Bottom 😳

I suspect the EU will come out with dirty tricks here. That euro is getting slaughtered. The finance system/cartel will play a card somewhere.

[flyingveepixie]

13 minutes ago, GoldenGriffin said:

I had £1,560 or there abouts in my head.  I searched online and it's in USD.  Where did you source £1,574 for my reference please? 

This is the chart I watch on a daily basis...According to this the ATH was on 7th August 2020 at 11.32...

Edited March 8, 2022 by flyingveepixie

[ArgentSmith]

2 minutes ago, Minimalist said:

I take it most of members are holding positions for a long term, rather than taking gains and using the gains to purchase more metals?

 

To purchase more metals at higher prices?

[Midasfrog]

Shell have closed all stations in Russia and are pulling out . Also the US intend to ban all Russian oil imports . 

We could see a further increase in gold 🚀

[Midasfrog]

3 minutes ago, James32 said:

@Midasfrog is like the Royal Mint, add a few pound on...nobody will notice lol

I cant laugh I have run out of reactions 😂😂

[Minimalist]

2 minutes ago, Ukbullionfan said:

Nope. I’m selling some small PAMP bars that I have posted up

Good strategy pal.

1 minute ago, James32 said:

Im doing both to be fair.

Aye, that will work long term no problem. I get nervous if I hold on too long when gains are screaming at me to bank the profit. If this price goes through the ATH and bounces off the ATH I can see myself banking the gain because these banks will start short dumping on the paper markets.

[vand]

16 hours ago, AuricGoldfinger said:

Wheres @vand when you need him. This is not the time to sell people!

I keep a watching brief.

Greetings to long and loyal PM fans. Stay the course. If you have a well balanced portfolio you should not be tempted to tinker with it just because one component is going well.

[James32]

Just now, Minimalist said:

Good strategy pal.

Aye, that will work long term no problem. I get nervous if I hold on too long when gains are screaming at me to bank the profit. If this price goes through the ATH and bounces off the ATH I can see myself banking the gain because these banks will start short dumping on the paper markets.

Yeah I'm inclined to agree.

As long as we are content with today's profit,then everything else is just speculative. 

[Minimalist]

2 minutes ago, ArgentSmith said:

To purchase more metals at higher prices?

Its going to go higher long term (over years), im expecting the Banks to short this at any oppertunity around the Ukrainian situation.

1 minute ago, James32 said:

Yeah I'm inclined to agree.

As long as we are content with today's profit,then everything else is just speculative. 

The Fed doesnt come out and start attacking Gold for nothing. Somethings coming, they dont want Gold to moon. 

[GoldenGriffin]

12 minutes ago, flyingveepixie said:

This is the chart I watch on a daily basis...According to this the ATH was on 7th August 2020 at 11.32...

Cheers, I'll add that site to my favourites!! 

[AuricGoldfinger]

10 minutes ago, vand said:

I keep a watching brief.

Greetings to long and loyal PM fans. Stay the course. If you have a well balanced portfolio you should not be tempted to tinker with it just because one component is going well.

Good to see you back, hope all is well!