Gold Monitoring Thread £ GBP only

[HerefordBullyun]

4 minutes ago, bobski said:

Up or down? What do you reckon Bully?

I could see a little reaction upwards (as AUS is westernized also) but whether it holds overnight is different story. China wont publicly state their intentions, geopolitically, but I know one thing - they will  buy more gold and continue to. They need to catch up with @James32 holdings as they are lagging behind.... 

Edited October 9, 2023 by HerefordBullyun

[Guest]

3 minutes ago, HerefordBullyun said:

I could see a little reaction upwards (as AUS is westernized also) but whether it holds overnight is different story. China wont publicly state their intentions, geopolitically, but I know one thing - they will  buy more gold and continue to. They need to catch up with @James32 holdings as they are lagging behind.... 

Someone needs to set the hoover over People's Bank of China

[bobski]

I won't buy anything until @Solachesis sells something, then I'm all-in

[HerefordBullyun]

9 minutes ago, SeverinDigsSovereigns said:

Someone needs to set the hoover over People's Bank of China

I dont think their pipe is big enough! In all seriousness China and India love the shiney they may react very positively to gold overnight. All depends on Shanghai's economic reactions to what's going on. Its certainly an interesting time to be a PMs holder. Again if the mainstream markets rise (not commodities less oil) and gold dips, the COMEX will take full advantage of that and short the shiney back down.

Edited October 9, 2023 by HerefordBullyun

[JoeBlack]

17 minutes ago, lst65 said:

Maybe (please) we leave this to another forum and not a precious metal group…

I  agree, these is another thread about spunking, Gold deals UK & Europe.

 

[silverJEF]

1 hour ago, James32 said:

Well f**** me Karen, just ordered a Chinese to celebrate, might aswell cancel it now, no longer in the mood. 

blue orchid ? BOSH 

[Leonmarsh]

14 minutes ago, JoeBlack said:

I  agree, these is another thread about spunking, Gold deals UK & Europe.

 

Hero

[dicker]

All stable at 1521

[silversky]

Think this will be up above 1550 within the next 24-48 hours.  Too much mayhem potential still developing.  

[Foster88]

9 hours ago, Paul said:

Im in the north east and didn't even realise this was happening in North Yorkshire 

The north tends to be forgotten about in mainstream media and in general, just look at HS…. never mind. 🙄

As I’m sure you already know.

[SidS]

6 hours ago, Gruff said:

What blasts off usually plummets back down.. Don't want to be a Karen or negative Norman, but I can't see the price being sustained

Classic bubble territory. Real and sustained growth happens slowly.

[SidS]

5 hours ago, Gruff said:

Biden couldn't find his way out a wet paper bag. Obama has been behind his entire faked/stolen presidency

Do you mean he could wet his way out of a paper bag? 😉

"Fetch the first lady and some clean trousers, he's done it again."

[Gruff]

Looks like it's spent a couple of hours consolidating at around the £1522 mark. If it can hold for the 10am London fix, then we could be in for an interesting day.

[Paul]

5 hours ago, Foster88 said:

The north tends to be forgotten about in mainstream media and in general, just look at HS…. never mind. 🙄

As I’m sure you already know.

A duel carriage a A1 between and Edinburgh would be a nice start, clue is in the road name how long we've waited for it ! 

[GoldDiggerDave]

1 minute ago, Paul said:

A duel carriage a A1 between and Edinburgh would be a nice start, clue is in the road name how long we've waited for it ! 

They would not even provide for a track for your pony and cart.  All anyones got to do is spend a day walking around London and they they will come to the same conclusion as me........They ain't sharing any of this countries wealth. 

[HerefordBullyun]

2 hours ago, Gruff said:

Looks like it's spent a couple of hours consolidating at around the £1522 mark. If it can hold for the 10am London fix, then we could be in for an interesting day.

I wouldn't hold your breath. London currently are the main protagonists in the metals downward curve. Because of the metals manipulation cases against traders have happened in US. UK FCA is conveniently turning a blind eye. The last 6 months prove this by timing patterns. 

The central planners have their back.

[9x883]

US bond markets back open today. 

[HerefordBullyun]

The daily trend I am seeing is a slam before each region hands over. 1 hour before London opens, Shanghai hammer it down. At 1.30 London hammer it down before US comes online at 14.30. Coincidence? I think not.. Pure rigging. It went down by £5 an oz during this mornings hand over session. The cartel is worldwide make no mistake about it.

[HerefordBullyun]

2 minutes ago, 9x883 said:

US bond markets back open today. 

Do you mean bond auctions?

[BLOOMMAN101]

3 minutes ago, HerefordBullyun said:

The daily trend I am seeing is a slam before each region hands over. 1 hour before London opens, Shanghai hammer it down. At 1.30 London hammer it down before US comes online at 14.30. Coincidence? I think not.. Pure rigging. It went down by £5 an oz during this mornings hand over session. The cartel is worldwide make no mistake about it.

Somebody told me the same about the silver market I backchecked it for about a week,next day It went up for 24hrs straight 

[HerefordBullyun]

3 minutes ago, BLOOMMAN101 said:

Somebody told me the same about the silver market I backchecked it for about a week,next day It went up for 24hrs straight 

Silver is different as it more volatile and it has industrial impacts. Battery and EV consumption, warheads, drones electronics. The silver bullion market is a mere smidge compared to gold. Gold is hardly used in industry, there's your answer.  

Edited October 10, 2023 by HerefordBullyun

[BLOOMMAN101]

2 minutes ago, HerefordBullyun said:

Silver is different as it more volatile and it has industrial impacts. Battery and EV consumption, warheads, drones electronics. The silver bullion market is a mere smidge compared to gold. Gold is hardly used in industry, there's your answer.  

I've noticed that , just about given up on trying short-term trade,       UK nat gas up another 7% today   doesn't really bode well for my winter fuel bill

[HerefordBullyun]

1 hour ago, BLOOMMAN101 said:

I've noticed that , just about given up on trying short-term trade,       UK nat gas up another 7% today   doesn't really bode well for my winter fuel bill

Bottle ya own gas (or you can buy some off me (with a free Audio NFT) and buy some logs off @GoldDiggerDave

Edited October 10, 2023 by HerefordBullyun

[BLOOMMAN101]

1 minute ago, HerefordBullyun said:

Bottle ya farts (or you can buy some off me with free Audio NFT) and buy some logs off @GoldDiggerDave

Might be going down the thermal undies road this year😃

[monkey]

2 minutes ago, BLOOMMAN101 said:

Might be going down the thermal undies road this year😃

Did that last year when oil went through the roof! all our heating is oil powered and we run an AGA.... we now have a second electric cooker.

But I digress. I see gold potentially going down in the short to med term. a potential head a shoulders patter is forming. chart on request. 🧐