Gold Monitoring Thread £ GBP only

[HerefordBullyun]

Just now, motorbikez said:

No pal its not Mayfair😄

Ive heard its kensington!!! I am sure @motorbikez is some sort salubrious gent!

[Kookaburracollector]

7 minutes ago, HerefordBullyun said:

Ive heard its kensington!!! I am sure @motorbikez is some sort salubrious gent!

Got him the perfect pad:-

Maybe if gold hits $20000👍🤑

Edited July 22, 2020 by Kookaburracollector

[HerefordBullyun]

3 minutes ago, Kookaburracollector said:

Got him the perfect pad:-

Maybe if gold hits $20000👍🤑

Looks a right old dump! 😂 I think @motorbikez will just use it to service his motorbike in the front room!

[AuricGoldfinger]

😂😂😂

[DarkChameleon]

3 hours ago, Paul said:

imagine the fun in years ahead if moves like this begin to be common occurrences with more gloom and doom porn news coming out 

for daftness sake if gold is at £100,000oz but society is like Mad Max - not going to be much to spend it on if everywhere is shut down ! 

You mean like early bitcoin miners?...theres always something to spend it on...just different things, rich is the ability to change with the times by buying and selling thing people want, be it mansions or potatoes.

[DarkChameleon]

3 hours ago, Paul said:

Ive got my x500 oz of silver to buy a median sized family home, infact ive got enough for a street !! still waiting..................

Stopped clocks are still right twice daily  

I believe international stacker started out an early adopter of bitcoin and is now converting some or much into silver and gold...silver slacker is converting rent from his properties into silver and gold...fori believe more stability and physical ownetship...as a home owner outright id recommend reducing size and weight by moving more to gold when ratios will it and then using it to get a mortgage while they are so cheap interest wise, keep both and hope one rises at the rate to cover the other, if times get tough you could always sell some gold to keep up the payments rather then have a home withno ability to draw an incomefrom.

[dicker]

For posterity....courtesy of Kitco

[motorbikez]

5 hours ago, HerefordBullyun said:

Looks a right old dump! 😂 I think @motorbikez will just use it to service his motorbike in the front room!

👍 Looks like a nursing home lounge with better chairs, ones you can't wipe down.  

 

[HerefordBullyun]

22 minutes ago, motorbikez said:

👍 Looks like a nursing home lounge with better chairs, ones you can't wipe down.  

 

Maybe good for a bike stand or two then?

Edited July 22, 2020 by HerefordBullyun

[BrumChris]

5 hours ago, dicker said:

For posterity....courtesy of Kitco

£1471.62 now. Gold is on a mission today.

[dicker]

No respite for anyone shorting Au just seems 1480 on Kitco

[Paul]

Sorry not GBP discussion but worthy of note - Gold approaching all time high in USD $ now - only +$11 to go - good chance it may pop through $1900 today ?

Current Price	$1,885.83
All time High	$1,896.50

[TheApe]

On 21/07/2020 at 12:01, BobnotTed said:

What are opinions on the fact that with various US stimulus packages ending at the end of July this will cause a Nasdaq crash and temporarily drag down the gold spot price as  profitable positions in gold are sold to fund margin calls on stock investments as happened in March?

 

 

We are about to do it, all time high.

Expecting one last pull back then so load up😁

[HGr]

Just in time for pay day, that would be great 

[Booky586]

This is highly addictive watching the price of gold charge higher, daily! I'm supposed to be working from home but I spend more time check spot price. Happy days 😀

[OriginalS]

I think we'll see a slight increase until New York opens and spot will drop around £8-£10 before making steady gains throughout the day.

Don't think it'll hit £1500 until Monday or Tuesday if it's going too at all

[TheApe]

6 minutes ago, OriginalS said:

I think we'll see a slight increase until New York opens and spot will drop around £8-£10 before making steady gains throughout the day.

Don't think it'll hit £1500 until Monday or Tuesday if it's going too at all

Blasphemy, We will be £3000 by Tuesday.

(Sorry, I thought this was the place for making stupid predictions).

[OriginalS]

1 minute ago, TheApe said:

Blasphemy, We will be £3000 by Tuesday.

(Sorry, I thought this was the place for making stupid predictions).

Get over to Wongers thread and never return here again 👋

Giving us sensible folk false hopes like that 😒

[DarkChameleon]

8 hours ago, Paul said:

Sorry not GBP discussion but worthy of note - Gold approaching all time high in USD $ now - only +$11 to go - good chance it may pop through $1900 today ?

Current Price	$1,885.83
All time High	$1,896.50

Must be mid poi t cos all time high was $1920.

[JunkBond]

$1,896.50 was the LBMA fix

[dicker]

Will gold close over 1490 this eve....not long now and we will see!

[Midasfrog]

I think its going to hit £1500 this week from what I can see at the bottom of my beer glass 👍

[dicker]

19 minutes ago, Midasfrog said:

I think its going to hit £1500 this week from what I can see at the bottom of my beer glass 👍

It does seem to have the momentum at the moment

[dicker]

I am loathed to comment on futures prices given another 'hot topic' on the forum, but I suspect they would agree with you

[TheApe]

Still going up and market just opened. Expecting big rises tomorrow...