Gold Monitoring Thread £ GBP only

[James32]

1 minute ago, Midasfrog said:

A slight rise in gold today still hoping for a sub £1400 buying chance 😉

Until then hold your position nothing can go wrong 😁

How's your tadpoles 

[Midasfrog]

2 minutes ago, James32 said:

How's your tadpoles 

All good thanks 😁

[Paul]

Gold to da'mooooooooooooooon!! Today 

[Paul]

Up nearly +£25oz for the day

or

just under +2% for the week 

Wonga was apparently wrong 

[Matt8v]

26 minutes ago, Paul said:

Up nearly +£25oz for the day

or

just under +2% for the week 

Wonga was apparently wrong 

It starts to go up as soon as I decide I want to buy a gold coin! 

[Orpster]

27 minutes ago, Paul said:

Up nearly +£25oz for the day

or

just under +2% for the week 

Wonga was apparently wrong 

Me too, was convinced that we would dip further.  I think the interest rate rises had been calculated into the last dip and now sentiment is improving were on the up.

I my be looking for a liquorice hat to eat 

[Paul]

3 minutes ago, Matt8v said:

It starts to go up as soon as I decide I want to buy a gold coin! 

And goes down when we choose to sell one

[gji25]

1 hour ago, Matt8v said:

It starts to go up as soon as I decide I want to buy a gold coin! 

decide earlier 🤣

[gji25]

1 hour ago, Paul said:

And goes down when we choose to sell one

sell earlier 🤣

[Paul]

5 minutes ago, gji25 said:

sell earlier 🤣

Selling is for quitters 

[gji25]

On a serious note 🎹 imo its not so much as a bad time to buy gold. its more  of a instinct time to buy gold

[Paul]

6 minutes ago, gji25 said:

On a serious note 🎹 imo its not so much as a bad time to buy gold. its more  of a instinct time to buy gold

When you get used to buying every month and it becomes second nature to your normal spending once youve got 5 years is nice, after 10 years is fab.

You haven't just got a nest egg you've got battery farm ! 

[flyingveepixie]

So how is this going to affect the premiums..?  up or down.?  if they still want to charge 10% with spot going up we're going to be looking at over £400 a sov..

[Darr3nG]

2 hours ago, Paul said:

Wonga was apparently wrong 

Never! Wonger say it go down hard...

[Matt8v]

45 minutes ago, gji25 said:

decide earlier 🤣

Hahaha, so true!

Well I jumped in and bought a 1oz Tudor Beasts to match my silver TB and a 1oz Krugerrand. I've wanted those since watching the Lethal Weapon films! 🤣 

[Paul]

 

[Silverlocks]

13 hours ago, flyingveepixie said:

So how is this going to affect the premiums..?  up or down.?  if they still want to charge 10% with spot going up we're going to be looking at over £400 a sov..

BBP were 400+ anyway but some of the other vendors (Baird's, for example) just kept tracking spot at fairly reasonable premiums.  I guess Baird's could get away with it as they have a gold business across refining and other products so they could play swings and roundabouts, or maybe they just have a shitload of old bullion sovs.  Their payment issues (card processing isn't working on their site, for some reason) may have also played into it.

Edited November 4, 2022 by Silverlocks

[Silverlocks]

15 hours ago, Matt8v said:

It starts to go up as soon as I decide I want to buy a gold coin! 

I bought just before the last dip but I managed to get some in this dip at £1435 and £1420 or so.  No idea what it will be next month.

[SilverBruce]

19 hours ago, Matt8v said:

Hahaha, so true!

Well I jumped in and bought a 1oz Tudor Beasts to match my silver TB and a 1oz Krugerrand. I've wanted those since watching the Lethal Weapon films! 🤣 

John mcclane has tudor beasts?

[MancunianStacker]

43 minutes ago, SilverBruce said:

John mcclane has tudor beasts?

Die Hard right?

[SidS]

17 minutes ago, MancunianStacker said:

Die Hard right?

Another basement, another elevator, how can the same sh*t happen to the same guy twice?

Good films (except the 5th one, that shouldn't exist).

[LemmyMcGregor]

28 minutes ago, SidS said:

Another basement, another elevator, how can the same sh*t happen to the same guy twice?

Good films (except the 5th one, that shouldn't exist).

We don't speak about that one.

There are 4 epic ones in an beautifully insane crescendo of absurdity.

[SidS]

4 minutes ago, LemmyMcGregor said:

We don't speak about that one.

There are 4 epic ones in an beautifully insane crescendo of absurdity.

And the first and third are the best.

[Midasfrog]

If you missed this dip hold on tight for the big December double dip sovereigns at £348 a pop 😁

[Scootermuppet]

22 hours ago, Paul said:

When you get used to buying every month and it becomes second nature to your normal spending once youve got 5 years is nice, after 10 years is fab.

You haven't just got a nest egg you've got battery farm ! 

This… ⬆️⬆️⬆️

just keep buying it regardless of the spot price, and yes, if you have an emergency to fund, you may have to sell a couple of the latest Sovs / coin of choice at break even, or a small loss… But, you’ll make it up on the ones you bought before those when you do sell - especially 5 / 10 / 15 years down the line 🙂