Gold Monitoring Thread £ GBP only

[Sovhead]

Just now, Petra said:

Is it the same person?🤔

No

[GoldDiggerDave]

1 minute ago, Sovhead said:

A quick q everyone it’s not worth starting a new thread on and it’s about gold.

Ive bought a 1/10th Gold proof Brit from a forum member all mint condition with RM Packaging but it misses the COA…there’s a guy on eBay selling the exact one to complete the whole set and he’s asking £5 is it worth doing ??

 

£5 to potentially put your numismatic OCD to bed…..priceless 

[JohnV66]

8 minutes ago, Sovhead said:

A quick q everyone it’s not worth starting a new thread on and it’s about gold.

Ive bought a 1/10th Gold proof Brit from a forum member all mint condition with RM Packaging but it misses the COA…there’s a guy on eBay selling the exact one to complete the whole set and he’s asking £5 is it worth doing ??

I'd just pay it and complete the set. It's only a fiver. So long as it's an original R.M. CoA and not a photocopy.

Dave knows I'm demented about keeping sets complete as I hound him for CoA's and boxes.

[Paul]

1 hour ago, GoldDiggerDave said:

Sorry should have posted in the silver GB thread.

 

 

Should it not be ' holding back the decades ' ?? 

[Paul]

9 hours ago, SidS said:

 

Real growth is slow growth.

The faster it goes up, the harder it comes down. (Like most things in life. 😁)

Are you referring to beans or gold ?

( asking for a friend )

. . . . . . . . . . . Called Dave

. . . . . . . . . Who digs gold

. . . . . . . .   But wishes to remind anonymous 

[flyingveepixie]

Your thoughts on the implications for gold from this please chaps and chappesses..

 

[Sovhead]

53 minutes ago, JohnV66 said:

I'd just pay it and complete the set. It's only a fiver. So long as it's an original R.M. CoA and not a photocopy.

Dave knows I'm demented about keeping sets complete as I hound him for CoA's and boxes.

Gone and done it mate and yes it’s a RM original.

[AuricGoldfinger]

On 27/10/2023 at 20:26, JamesH said:

Was it you that sold all the 57’s just before the Queen passed? Think I’m picked up a few (either 57 or 59)

Do the 57s hold much of a premium?

[James32]

3 minutes ago, AuricGoldfinger said:

Do the 57s hold much of a premium?

They went as high as £480 as far as I'm aware, likely be around £420 now pending condition 

[Guest]

10 minutes ago, AuricGoldfinger said:

Do the 57s hold much of a premium?

I heard 59 are much rarer than 57. But 57 has the psycological advantage of the first sovereign of her reign...

Except it's not. There are proof 53s with Britt: Omn: and those are about as rare as the Edward VIII, with the potential of fetching 7 digits if any surfaces on the market.

Can't find the source but I do remember reading about a set auctioned by one of the Welsh museums because of the geological proximity to the RM museum (so they could sell them) but the set was broken up and in private hands since. I'm pretty sure the Royal Collection Trust and RM museum both have a set. British Museum probably, and thay's about all. If I had the spare cash and could choose between a 1953 sovereign set and a garage full of Farraris I'd choose the former. On the other hand, only one Ferrari wouldn't do much harm

Edited October 28, 2023 by Guest

[gji25]

4 hours ago, HonestMoneyGoldSilver said:

there is a distinct possibility we go +12.5% to $2300+ and then + 37.5% to $2800+ at a much faster rate than I can afford

The futures price will not depend on whether you can or cannot afford the price i,m sorry to say

Edited October 28, 2023 by gji25
typo

[silversky]

56 minutes ago, flyingveepixie said:

Your thoughts on the implications for gold from this please chaps and chappesses..

It beats fighting for "freedom and democracy" half way around the planet over black gold and rare metals.

This war is real, and it's existential.  Israel is completely united for the first time in my life.

Hamas and their puppet masters really should fear the sleeping giant which they've awoken.  Hamas were clearly hoping that the hostages would fracture the people of Israel, that they would be paralysed by infighting and indecision. The opposite has happened.  How this newly awakened giant sets about destroying Hamas is anyone's guess, but it's clear that they're not going to stop until they're secure again.  They won't be stopped by lying media, or by articles from the BBC journalists and their ilk taking sides with terrorists. And the lack of outrage by many of Europe's new citizens, has given clear eyes as to how important it is that they find a solution themselves which will last.  Hiding behind technology and iron domes has failed.  Allowing the UN to feed a crocodile has failed.  Something else is being considered.

Perhaps Iran will be brave and stupid enough to get involved, but I'm really not so sure.  The US has signalled the strongest ever support for Israel in history, from the Democrats no less.  Vast military power is already the region, and more is arriving every day.  It would be extreme folly to play the 'f about find out' game, and ultimately I don't think this conflict will actually spread too far because of it.  Bigger players know that this is not a hill they want to die on.  Some will be happy to see uncle Sam embroiled in the middle east again, but they won't want to waste much of their own resources in the fight.

Gold might break up above this $2000 area, even boosting another £100 - £200 or so in the short term, but by Christmas, I expect to see an understanding that this isn't going to end in nukes at dawn, and gold will probably head back down again.  Perhaps this price point will become a new base for gold in the first few months of 2024.  This war isn't going away any time soon, but the threat of an all out extinction conflict is also not as high as some might imagine.

[Petra]

23 minutes ago, silversky said:

It beats fighting for "freedom and democracy" half way around the planet over black gold and rare metals.

This war is real, and it's existential.  Israel is completely united for the first time in my life.

Hamas and their puppet masters really should fear the sleeping giant which they've awoken.  Hamas were clearly hoping that the hostages would fracture the people of Israel, that they would be paralysed by infighting and indecision. The opposite has happened.  How this newly awakened giant sets about destroying Hamas is anyone's guess, but it's clear that they're not going to stop until they're secure again.  They won't be stopped by lying media, or by articles from the BBC journalists and their ilk taking sides with terrorists. And the lack of outrage by many of Europe's new citizens, has given clear eyes as to how important it is that they find a solution themselves which will last.  Hiding behind technology and iron domes has failed.  Allowing the UN to feed a crocodile has failed.  Something else is being considered.

Perhaps Iran will be brave and stupid enough to get involved, but I'm really not so sure.  The US has signalled the strongest ever support for Israel in history, from the Democrats no less.  Vast military power is already the region, and more is arriving every day.  It would be extreme folly to play the 'f about find out' game, and ultimately I don't think this conflict will actually spread too far because of it.  Bigger players know that this is not a hill they want to die on.  Some will be happy to see uncle Sam embroiled in the middle east again, but they won't want to waste much of their own resources in the fight.

Gold might break up above this $2000 area, even boosting another £100 - £200 or so in the short term, but by Christmas, I expect to see an understanding that this isn't going to end in nukes at dawn, and gold will probably head back down again.  Perhaps this price point will become a new base for gold in the first few months of 2024.  This war isn't going away any time soon, but the threat of an all out extinction conflict is also not as high as some might imagine.

Now that Iran can not realistically do much to continue their ‘help’ in Gaza, they will undoubtedly concentrate on making life difficult for Israel on Israel’s northern borders. Difficult but obviously not impossible for Israel. Given a little more time and the world realises that the whole of the Middle East isn’t going up in flames then gold et. will settle, back to what level though is anyone’s guess at this time.

[Guest]

1 hour ago, Petra said:

They will undoubtedly concentrate on making life difficult for Israel on Israel’s northern borders. 

It's relatively hard for them to make life difficult in northern Israel, but I fear their useful idiots might be able to make life very difficult in European capitals, esp. London. 

[Foster88]

7 hours ago, Roy said:

I'm sure this is correct, I mean, it must be right? The cost of living is indeed in crisis mode.

But, have you tried to book a Christmas Package this year (Hotel, Lunch, Dinner etc.?)

My usual haunts are sold out this year, at nearly £500 per head 😮

Blimey, £500 per head for a Christmas dinner. I’d rather cook my own and do the washing up for that price. 😆

Does that include a room for the night?

[Stacktastic]

2 hours ago, Petra said:

‘help’

Nice use of apostrophes.  
Its all 'Eastenders' in my eyes - dumb attempts to distract us from what is 'actually' real. 

I am in no way traditionally religious, but I can see some of thier stuff in real time now. 

Edited October 29, 2023 by Stacktastic

[HonestMoneyGoldSilver]

2 hours ago, silversky said:

It beats fighting for "freedom and democracy" half way around the planet over black gold and rare metals.

This war is real, and it's existential.  Israel is completely united for the first time in my life.

Hamas and their puppet masters really should fear the sleeping giant which they've awoken.  Hamas were clearly hoping that the hostages would fracture the people of Israel, that they would be paralysed by infighting and indecision. The opposite has happened.  How this newly awakened giant sets about destroying Hamas is anyone's guess, but it's clear that they're not going to stop until they're secure again.  They won't be stopped by lying media, or by articles from the BBC journalists and their ilk taking sides with terrorists. And the lack of outrage by many of Europe's new citizens, has given clear eyes as to how important it is that they find a solution themselves which will last.  Hiding behind technology and iron domes has failed.  Allowing the UN to feed a crocodile has failed.  Something else is being considered.

Perhaps Iran will be brave and stupid enough to get involved, but I'm really not so sure.  The US has signalled the strongest ever support for Israel in history, from the Democrats no less.  Vast military power is already the region, and more is arriving every day.  It would be extreme folly to play the 'f about find out' game, and ultimately I don't think this conflict will actually spread too far because of it.  Bigger players know that this is not a hill they want to die on.  Some will be happy to see uncle Sam embroiled in the middle east again, but they won't want to waste much of their own resources in the fight.

Gold might break up above this $2000 area, even boosting another £100 - £200 or so in the short term, but by Christmas, I expect to see an understanding that this isn't going to end in nukes at dawn, and gold will probably head back down again.  Perhaps this price point will become a new base for gold in the first few months of 2024.  This war isn't going away any time soon, but the threat of an all out extinction conflict is also not as high as some might imagine.

I'll try not to derail too far. Hamas aren't terrorists, they are religious fundamentalists. They don't want political power, money or territory like the IRA, they want nothing less than the complete annihilation of the Jews and to build an Islamic Caliphate on the rubble of Jerusalem. The Iranians are in the same boat and together they want to take over the world in the name of their false god, Allah

Sorry I agree with everything you said and you might be right about the gold price thing too. Gold and silver are important to Jews though. As it says in the Talmud, "Let every man divide his money into three parts, and invest a third in land, a third in business and a third let him keep by him in reserve."

Being a religious text there is some interpretation with many equating "in reserve" = cash, and that this cash should be "non-custodial", i.e. gold and silver that you have personal custody over. Of course you can make an argument for cash itself and cash-like equivalents. When tensions rise Jewish people tend to favour the precious metals interpretation. Anyway, watch this video from the "Son of Hamas" below and gold is still at £1656.43 😁

 

 

[silversky]

Yeah sorry off topic a bit in this reply, but it indicates the length of time that this is going to go on for, and that people will eventually realise at some point, and probably when they do that gold will drop back as this settles into the clean up operation.

This guy is an actual hero, he is the son of a Hamas founder, and he turned into a spy for Israel giving up plans to foil Hamas attacks saving innocent peoples' lives.  He has some serious beef with Hamas, and he doesn't mince his words for the western fools shouting their anti Israel rhetoric.   This is his message to the people of the West who are protesting right now!  It's bang on.

Four minutes only and well worth watching.

...Wears open shirt and aviator shades like some sort of lunatic Borat character...

"your opinion doesn't matter"  - wry grin 

"in the middle east we deal with business the middle east style"  - makes gangsta gun hand gesture

"we're going after Hamas leaders, and we're gonna kill all of them..."  - not mincing about

Grins before saying, "as you see, I'm not politically correct, I'm not your type, and I will not be..." - Yup, not a polite dinner party guest for many of the posh middle class socialists who claim to support Palestine, when in actual fact it is a hatred of Israel contained in their hearts.

[jultorsk]

8 minutes ago, silversky said:

Yeah sorry off topic a bit in this reply, but it indicates the length of time that this is going to go on for, and that people will eventually realise at some point, and probably when they do that gold will drop back as this settles into the clean up operation.

This guy is an actual hero, he is the son of a Hamas founder, and he turned into a spy for Israel giving up plans to foil Hamas attacks saving innocent peoples' lives.  He has some serious beef with Hamas, and he doesn't mince his words for the western fools shouting their anti Israel rhetoric.   This is his message to the people of the West who are protesting right now!  It's bang on.

Four minutes only and well worth watching.

...Wears open shirt and aviator shades like some sort of lunatic Borat character...

"your opinion doesn't matter"  - wry grin 

"in the middle east we deal with business the middle east style"  - makes gangsta gun hand gesture

"we're going after Hamas leaders, and we're gonna kill all of them..."  - not mincing about

Grins before saying, "as you see, I'm not politically correct, I'm not your type, and I will not be..." - Yup, not a polite dinner party guest for many of the posh middle class socialists who claim to support Palestine, when in actual fact it is a hatred of Israel contained in their hearts.

Good one. Another is Yemeni Luai Ahmed from Sweden.

 

[Dalriada83]

I think it's already too late in Europe & the UK - our ruling elites appear to subscribe to a world view based in la-la land or they are indeed machinating some dark global conspiracy, I honestly don't know which. The weird propaganda that spews and seeps out of all of our government/education/cultural/media institutions would frighten the 300 but we have been so subsumed in it for so long we either don't notice it or keep our heads down in our respective bunkers and try to avoid the worst of it. I am guilty of the latter, just trying to get by without incurring the wrath of the powers that be by having as little as possible to do with them. I am incredibly lucky as I live in relative tranquillity in the middle of a forest with large dogs and shotguns for company, but I do despair for  those who have to live with the fallout of the great multi-cultural experiment and associated mass herd migrations. If only the champagne socialist luvies who help indoctrinate our children had to endure these 'rich rewards' - I have a few examples of the species in my own family and they drive me nuts with their refusal to discuss the effect of all this c**p on the 'working class' they profess to champion. Islamic fundamentalist militants want to destroy any other doctrine - even if it leaves the entire world in ashes - to prove the 'superiority' of their interpretation of our invisible friend upstairs. However it must be said that, meanwhile, their shenanigans appear to be having a dramatic effect on the price of Silver and Gold. "It's an ill wind" as they say, even if somewhat cynically.

[Bigmarc]

I know there has got to be a thread in the premium members section for all this dross. Just go there and post and read twitter pages to your heart's content. 

[flyingveepixie]

5 hours ago, silversky said:

Yeah sorry off topic a bit in this reply, but it indicates the length of time that this is going to go on for, and that people will eventually realise at some point, and probably when they do that gold will drop back as this settles into the clean up operation.

This guy is an actual hero, he is the son of a Hamas founder, and he turned into a spy for Israel giving up plans to foil Hamas attacks saving innocent peoples' lives.  He has some serious beef with Hamas, and he doesn't mince his words for the western fools shouting their anti Israel rhetoric.   This is his message to the people of the West who are protesting right now!  It's bang on.

Four minutes only and well worth watching.

...Wears open shirt and aviator shades like some sort of lunatic Borat character...

"your opinion doesn't matter"  - wry grin 

"in the middle east we deal with business the middle east style"  - makes gangsta gun hand gesture

"we're going after Hamas leaders, and we're gonna kill all of them..."  - not mincing about

Grins before saying, "as you see, I'm not politically correct, I'm not your type, and I will not be..." - Yup, not a polite dinner party guest for many of the posh middle class socialists who claim to support Palestine, when in actual fact it is a hatred of Israel contained in their hearts.

 

.

 

Edited October 29, 2023 by flyingveepixie

[flyingveepixie]

2 hours ago, Bigmarc said:

I know there has got to be a thread in the premium members section for all this dross. Just go there and post and read twitter pages to your heart's content. 

Aye, we're well off topic now.

Gold is at £1656.43 as has already been stated. But what's going to happen at 11pm tonight..?

Edited October 29, 2023 by flyingveepixie

[GoldDiggerDave]

2 hours ago, Bigmarc said:

I know there has got to be a thread in the premium members section for all this dross. Just go there and post and read twitter pages to your heart's content. 

Forget Silver, Gold or Platinum, we should have a Tinfoil hat level tier

[LemmyMcGregor]

7 hours ago, HonestMoneyGoldSilver said:

I'll try not to derail too far. Hamas aren't terrorists, they are religious fundamentalists. They don't want political power, money or territory like the IRA, they want nothing less than the complete annihilation of the Jews and to build an Islamic Caliphate on the rubble of Jerusalem. The Iranians are in the same boat and together they want to take over the world in the name of their false god, Allah

Sorry I agree with everything you said and you might be right about the gold price thing too. Gold and silver are important to Jews though. As it says in the Talmud, "Let every man divide his money into three parts, and invest a third in land, a third in business and a third let him keep by him in reserve."

Being a religious text there is some interpretation with many equating "in reserve" = cash, and that this cash should be "non-custodial", i.e. gold and silver that you have personal custody over. Of course you can make an argument for cash itself and cash-like equivalents. When tensions rise Jewish people tend to favour the precious metals interpretation. Anyway, watch this video from the "Son of Hamas" below and gold is still at £1656.43 😁

 

 

 

5 hours ago, silversky said:

Yeah sorry off topic a bit in this reply, but it indicates the length of time that this is going to go on for, and that people will eventually realise at some point, and probably when they do that gold will drop back as this settles into the clean up operation.

This guy is an actual hero, he is the son of a Hamas founder, and he turned into a spy for Israel giving up plans to foil Hamas attacks saving innocent peoples' lives.  He has some serious beef with Hamas, and he doesn't mince his words for the western fools shouting their anti Israel rhetoric.   This is his message to the people of the West who are protesting right now!  It's bang on.

Four minutes only and well worth watching.

...Wears open shirt and aviator shades like some sort of lunatic Borat character...

"your opinion doesn't matter"  - wry grin 

"in the middle east we deal with business the middle east style"  - makes gangsta gun hand gesture

"we're going after Hamas leaders, and we're gonna kill all of them..."  - not mincing about

Grins before saying, "as you see, I'm not politically correct, I'm not your type, and I will not be..." - Yup, not a polite dinner party guest for many of the posh middle class socialists who claim to support Palestine, when in actual fact it is a hatred of Israel contained in their hearts.

 

5 hours ago, jultorsk said:

Good one. Another is Yemeni Luai Ahmed from Sweden.

 

I read this thread to follow interesting insights on gold price, Paul's to the moon posts and the odd jab at silver and beans, while I would see discussions on how wars impact the price of gold as related to the thread and I've thrown in my 2p, discussing the eternal middle eastern war most definitely goes off the reservation.

You know I would gladly join in, not here. Please, let's respect the house rules and not give Chris any extra work.