Gold Monitoring Thread £ GBP only

[JohnA1]

🤪 just joking

Next thing the conspiracy therorists will tell us is that Nixon (presiding over all moon missions) was a crook.

...which is blatantly false, he was not, he even said so himself..

 

 

 

Edited September 4, 2023 by JohnA1

[9x883]

Look, enough of this nonsense. Just gimmie gold at moon 🌚 rates NaOOooOoooW🐺🌑

[Dom]

9 minutes ago, JohnA1 said:

🤪 just joking

Next thing the conspiracy therorists will tell us is that Nixon (presiding over all moon missions) was a crook.

...which is blatantly false, he was not, he even said so himself..

You mean the same guy who 'temporarily' got rid of the gold standard, I'd trust him with my life!

[Coverte]

1 hour ago, Dom said:

I believe 90% of the move up in price comes in the last 10% of the time period. The question is what is the time period. At the rate we're going hyperinflation might be here by 2030 if not before, so gold might slowly increase but at an ever faster rate until one day week month it catches a rocket to the moon. 

This is true, but generally far more applicable to stocks, junior silver in particular currently holds a few speculative massive gain gems; as has happened before.

As ever good homework however remains key.

[SidS]

1 hour ago, JohnA1 said:

🤪 just joking

Next thing the conspiracy therorists will tell us is that Nixon (presiding over all moon missions) was a crook.

...which is blatantly false, he was not, he even said so himself..

 

 

 

In my mind's eye I can picture and hear another former US president delivering this exact same speech shortly.

[SidS]

1 hour ago, Dom said:

You mean the same guy who 'temporarily' got rid of the gold standard, I'd trust him with my life!

If he told me Kennedy was dead I'm not sure I'd believe him.

[Paul]

2 hours ago, Dom said:

I don't believe man has ever nor will he ever get to the moon so we need a better analogy lol.... to the firmament!

. . . . . . . . to da'Kubrick Film Set !!! 🚀🚀🚀

[CazLikesCoins]

2 hours ago, Paul said:

. . . . . . . . to da'Kubrick Film Set !!! 🚀🚀🚀

Probably a photoshop job but who knows.

Edited September 4, 2023 by CazLikesCoins

[ZRPMs]

Golds dropped £5 an ounce since this morning   Sell, Sell, Sell

[James32]

Houston, someone broke the gold price ---------------

[Earthmetal]

12 hours ago, Dom said:

You mean the same guy who 'temporarily' got rid of the gold standard, I'd trust him with my life!

In a long convoluted way, you are.

[HerefordBullyun]

[Bratnia]

On 07/09/2023 at 21:43, HerefordBullyun said:

Moon Byung-gon

2001-2011

[gji25]

What you need to remember is when gold gets devalued it always bounces back to a all time high eventually. When fiat currencies get devalued they take a very long time to bounce back to a all time high which eventually never really happens. 

Edited September 10, 2023 by gji25
spelling

[Bratnia]

If you have a similar amount in stocks as you hold in gold then .. price variations don't really matter, one (riser) will tend to feed the other (loser).

Some go heavily into stocks, push for the upside. If you have enough however, have no real need to leave many millions rather than a few millions, then stock/gold/cash thirds along with a modest withdrawal rate ... tends to do the job. Where even the cash can be a 50/50 mix of hard cash and deposited cash (interest). 50/50 hard/deposited cash is nice in the respect that if they change the notes you can withdraw new notes from one bank, deposit the old notes into another bank, and when interrogated as to where did the money come from (as is pretty much mandatory nowadays), you can just show the other banks withdrawal statement. 50% (33% physical gold, 17% hard cash) in-hand, no counter-party risk, and where that retains the option to dump heavily into stocks as/when stock prices have dived. Catch one such dive and where 50% or even 66% was loaded into stocks at anywhere near the lows, historically has yielded fantastic subsequent rewards.

[9x883]

US CPI data later today will see us heading back to earth 🌍🚀@Paul?

[Paul]

1 minute ago, 9x883 said:

US CPI data later today will see us heading back to earth 🌍🚀@Paul?

 

[Midasfrog]

Moon anytime soon ? asking for a friend 

[Paul]

🚀🚀🚀

[HerefordBullyun]

Heas

Head and shoulders pattern on gold now im turning bullish now on gold load up the truck!

[JohnA1]

[HonestMoneyGoldSilver]

https://www.perthmint.com/news/investor/market-research-and-analysis/bullion-faces-headwinds-as-demand-dip-extends-into-august/

 

 

I predicted back in June there was going to be a substantial dip towards the end of summer/August and those figures from the Perth Mint reflect that in quite a profound way. We're not on the launchpad to the moon anytime soon. I predicted a new ATH for gold by Xmas 2023 so ya know, hopefully I'm right about that too 🙏

I've said before I see the bottom for gold at $1850 and the bottom for silver at $21. That doesn't mean I think prices will go that low but that's as low as I think it's possible for them to go. If prices hit those levels I will be backing up the truck. Of course just my opinion and markets don't care about my thoughts

Anyway, hold long, sleep well and be happy 🤗

[JamesH]

I’ve not been doing this for as long as most of you lot on here but doesn’t Gold almost always dip in August?

[Paul]

14 hours ago, HonestMoneyGoldSilver said:

We're not on the launchpad to the moon anytime soon.

  

[katyc]

This year's gold progress....