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Gold Monitoring Thread £ GBP only


Paul
Message added by ChrisSilver

This topic is to discuss price action in GBP, to discuss price action in $ USD, please see this topic: https://thesilverforum.com/topic/19962-gold-monitoring-thread-usd-only/

📌 For general non PM chat there is the Hangout topic here: 

 

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1 hour ago, Minimalist said:

Its called manipulation

...to the benefit of any one trying to buy silver.

It's VAT that's the manipulation, although the technical term for it is the deadweight losses stemming from government intervention in the natural market price formation process.

Having paid the vat though, physical holders are more reluctant to sell, so that does bring some stability back to the physical market.

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Lets liven up the thread then!

Anybody want friendly bet say 1oz of silver with me that - I will say gold wont be at £1400 by december 31 2021 - first come first served for those confident to bet against my statement! Loser buys an oz of silver of the winners choice bullion grade not proofs or graded! I will only bet the first person who DM's me on gentlemans agreement! I will leave this window of opportunity open to those by 30th September, so 3 days! 

Best Bully! 😜

Edited by HerefordBullyun

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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36 minutes ago, HerefordBullyun said:

Lets liven up the thread then!

Anybody want friendly bet say 1oz of silver with me that - I will say gold wont be at £1400 by december 31 2021 - first come first served for those confident to bet against my statement! Loser buys an oz of silver of the winners choice bullion grade not proofs or graded! I will only bet the first person who DM's me on gentlemans agreement! I will leave this window of opportunity open to those by 30th September, so 3 days! 

Best Bully! 😜

Gold may well be below £1400 by Christmas (I agree) but what happens to the poor sod that loses the bet if silver hits all time highs of £500 per Ounce 😁 

 

I like to buy the pre-dip dip

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11 minutes ago, James32 said:

Gold may well be below £1400 by Christmas (I agree) but what happens to the poor sod that loses the bet if silver hits all time highs of £500 per Ounce 😁 

 

Wont happen as silver is the little brother of gold and gold has to go up as silver follows historically. It would only go parabolic if there was a silver crisis, but given theres shed loads of paper according to the cartel x500 per every ounce I cant see it going forward.

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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2 minutes ago, HerefordBullyun said:

Wont happen as silver is the little brother of gold and gold has to go up as silver follows historically. It would only go parabolic if there was a silver crisis, but given theres shed loads of paper according to the cartel x500 per every ounce I cant see it going forward.

Seriously?? Then what am I meant to do with all this shiny?? Suppose I could donate to Kettering Town 😁

I like to buy the pre-dip dip

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3 minutes ago, James32 said:

Seriously?? Then what am I meant to do with all this shiny?? Suppose I could donate to Kettering Town 😁

Yes melt it down and make a trophy and donate it to them - calling it we lost to Hereford trophy, becuase one of our players was a covid mincer!

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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2 hours ago, HerefordBullyun said:

Lets liven up the thread then!

Anybody want friendly bet say 1oz of silver with me that - I will say gold wont be at £1400 by december 31 2021 - first come first served for those confident to bet against my statement! Loser buys an oz of silver of the winners choice bullion grade not proofs or graded! I will only bet the first person who DM's me on gentlemans agreement! I will leave this window of opportunity open to those by 30th September, so 3 days! 

Best Bully! 😜

Because I feel that this bet is more like a challenge to my previous post, I am in, even I am not confident about 1400 by end of the year. I was talking about something possible, not imminent. But I like a good and friendly challenge.

But because this challenge was on TSF, it is fair to bet only for one 1oz TSF bar, not any type of silver, as a sign of respect for this amazing forum and @BackyardBullion's hard work.

So, if gold spot price will be 1400, even for one second by 31.12.2021, I am the winner, if not, you are the winner.

The looser will send 1oz TSF bar, as prize, at the winner's address by 31.01.2022.

We have an agreement?

Best!

Stefan.😊

Edited by stefffana
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1 hour ago, James32 said:

Seriously?? Then what am I meant to do with all this shiny?? Suppose I could donate to Kettering Town 😁

 

Wasted. Try Rushden and Diamonds..

..oh..

 

"we hate Stevenage Borough

we hate Woking too, (they're s***)

we hate Rushden and Diamonds

but kettrin we love you"

 

Heard many a time ringing out from Rockingham Road. Back to Gold, nah; it won't be £1400/oz by Christmas. Soo I agree with @HerefordBullyun.

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1 hour ago, stefffana said:

Because I feel that this bet is more like a challenge to my previous post, I am in, even I am not confident about 1400 by end of the year. I was talking about something possible, not imminent. But I like a good and friendly challenge.

But because this challenge was on TSF, it is fair to bet only for one 1oz TSF bar, not any type of silver, as a sign of respect for this amazing forum and @BackyardBullion's hard work.

So, if gold spot price will be 1400, even for one second by 31.12.2021, I am the winner, if not, you are the winner.

The looser will send 1oz TSF bar, as prize, at the winner's address by 31.01.2022.

We have an agreement?

Best!

Stefan.😊

We certainly do! - Done! And you certainly have been! 😁 

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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4 hours ago, HerefordBullyun said:

Lets liven up the thread then!

Anybody want friendly bet say 1oz of silver with me that - I will say gold wont be at £1400 by december 31 2021 - first come first served for those confident to bet against my statement! Loser buys an oz of silver of the winners choice bullion grade not proofs or graded! I will only bet the first person who DM's me on gentlemans agreement! I will leave this window of opportunity open to those by 30th September, so 3 days! 

Best Bully! 😜

i will bet with you on that.

My best offer is, if gold closes below 1400 as stated, i give you an 1oz silver coin.

However, 1400 is a long way from the current price, at a time when expenditure is on the seasons festivities, rather than gold investment. You will not find any takers, because it is more profitable to not take part, and hold gold and enjoy the 100/oz rise.

Therefore to balance out the bet, if gold closes above 1400, you owe me a 1oz gold britannia. Of course bullion grade is the minimum requirement, but I am also happy to replace the 1oz coin i contribute with a proof or a more rarer one. I do this out of friendship, rather to create the obligation for you to do the same. Coins attract higher premiums than rounds, shavings and other odd shapes & sizes.

I'm happy to use BYB's intermediary for escrow services if needed. :)

Edited by Spark268
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3 minutes ago, Spark268 said:

i will bet with you on that.

My best offer is, if gold closes below 1400 as stated, you give me an 1oz silver.

However, 1400 is a long way from the current price, at a time when expenditure is on the seasons festivities, rather than gold investment. You will not find any takers, because it is more profitable to not take part, and hold gold and enjoy the 100/oz rise.

Therefore to balance out the bet, if gold closes above 1400, you owe me a 1oz gold britannia. Of course bullion grade is the minimum requirement, but I am also happy to replace the 1oz coin i contribute with a proof or a more rarer one. I do this out of friendship, rather to create the obligation for you to do the same.

I'm happy to use BYB's intermediary for escrow services if needed. :)

Apologies not will accept  also -I did state 1st come 1st served :) Also I stated that gold would be below 1400. And why would bet against my own bet also with giving you an oz of gold? and Mr @stefffana has accepted!

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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18 minutes ago, Spark268 said:

i will bet with you on that.

My best offer is, if gold closes below 1400 as stated, i give you an 1oz silver coin.

However, 1400 is a long way from the current price, at a time when expenditure is on the seasons festivities, rather than gold investment. You will not find any takers, because it is more profitable to not take part, and hold gold and enjoy the 100/oz rise.

Therefore to balance out the bet, if gold closes above 1400, you owe me a 1oz gold britannia. Of course bullion grade is the minimum requirement, but I am also happy to replace the 1oz coin i contribute with a proof or a more rarer one. I do this out of friendship, rather to create the obligation for you to do the same. Coins attract higher premiums than rounds, shavings and other odd shapes & sizes.

I'm happy to use BYB's intermediary for escrow services if needed. :)

Im still confused by this bet is it  becuase the VAT youve been paying on your gold?

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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I'm placing a bet with myself that if gold and silver are not at the price of £4000oz and £250oz respectively in the next 20 years then I'm donating it all to where did the time go foundation.

I like to buy the pre-dip dip

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1 hour ago, James32 said:

I'm placing a bet with myself that if gold and silver are not at the price of £4000oz and £250oz respectively in the next 20 years then I'm donating it all to where did the time go foundation.

Just send it to me PO Box care of hereford fc and I will melt it down and make it in to harry maguire statuete for his sterling performance at the weekend :)

Edited by HerefordBullyun

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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3 hours ago, HerefordBullyun said:

Apologies not will accept  also -I did state 1st come 1st served :) Also I stated that gold would be below 1400. And why would bet against my own bet also with giving you an oz of gold? and Mr @stefffana has accepted!

you stated that if gold would be not 1400, you would take from steffana 1oz in silver?      Are you now saying you will give 1oz of silver if this happens? This is complety different to what you origionallyy said::

 

8 hours ago, HerefordBullyun said:

Anybody want friendly bet say 1oz of silver with me that - I will say gold wont be at £1400 by december 31 2021

Also,

3 hours ago, HerefordBullyun said:

Im still confused by this bet is it  becuase the VAT youve been paying on your gold?

are you referring to this statement?

8 hours ago, Spark268 said:

...to the benefit of any one trying to buy silver.

It's VAT that's the manipulation, although the technical term for it is the deadweight losses stemming from government intervention in the natural market price formation process.

the statement was reference to silver and the VAT on that. There no claims of other manipulation of gold or silver.  Perhaps you should take a trip to specsavers.

7 hours ago, HerefordBullyun said:

Wont happen as silver is the little brother of gold and gold has to go up as silver follows historically. It would only go parabolic if there was a silver crisis, but given theres shed loads of paper according to the cartel x500 per every ounce I cant see it going forward.

This is a gold price thread, not silver. What cartel are you referring to? On your way to specsavers, take a trip to home & bargain, and fashion yourself a tin-foil hat. Actually go to H&B after spec-savers, to ensure that you don't use grease paper or cling film in place of foil :D

Finally, why are you asking or bets on a thread that comments and speculates  on the gold price movement anyway !

 

I'm happy to keep this topic light-hearted and on topic - let's just not randomly mis-quote each other and cross the line of getting personal.

Edited by Spark268
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20 minutes ago, Spark268 said:

you stated that if gold would be not 1400, you would take from steffana 1oz in silver?      Are you now saying you will give 1oz of silver if this happens? This is complety different to what you origionallyy said::

 

Also,

are you referring to this statement?

the statement was reference to silver and the VAT on that. There no claims of other manipulation of gold or silver.  Perhaps you should take a trip to specsavers.

This is a gold price thread, not silver. What cartel are you referring to? On your way to specsavers, take a trip to home & bargain, and fashion yourself a tin-foil hat.

 

 

Finally, why are you asking or bets on a thread that comments and speculates  on the gold price movement anyway !

 

Thanks for clarifying! whats confused me was as its gold monitoring thread I thought you meant the VAT on gold! So I believe others did! But I am stating yes gold wont make 1400 this year. But Im not going to bet a ounce of gold as its gentlemens bet, and silver is for gentlemen. And I wouldnt wage 1 ounce of silver for to pay you 1 oz of gold if I lost, Im here today but wasnt born yesterday.

 

Anyway Mr Steffanna took me up on the bet, and we will see whose right, maybe him maybe me, no one can predict the next 3 months :) The cartel im reffering to is JPMorgan who controls the price of silver and LMBA BIS and other bullion banks, where thegold price is controlled, manipulated by the paper markets.

Its not conspiracy theory I'm happy to present threads and evidence to you with proof that banks have been caught for manipulating metals, ask for second opinion like from @Minimalist.  And there are plenty of wall st proffessionals whose blown the whistle on these games with the comex. Google andrew maguire who blew the whistle on it the silver manipulation.

Edited by HerefordBullyun

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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5 hours ago, Cogload said:

Heard many a time ringing out from Rockingham Road.

'With a K and an E and a double T, and an E and an R and an ING'

Up the Poppies!

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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