Gold Monitoring Thread £ GBP only

[Agpanda]

Gold just went up to 1300$

[rebnah]

Glad I brought all mine last week

[calandlew1]

A good time to sell me thinks. To be expected after the result really 

[Pipers]

£973oz 

[walesdave]

If anyone's interested, Atkinsons are in th eoffice early today and already answering the phone!

Just got directions for a quick drive up later today to dump my stack....

[SilverTanner]

All the gold seems to have gone at HGM. I may have to see if I have anything worth selling!

ST

[silverin]

A good time to sell gents 

[PureGold]

I 100% won't be selling gold is still undervalued

[Paul]

Whilst today is the first time I have ever been positive on my gold - I am holding it tighter than ever.  There are going to be stormy waters ahead for ship UK.  I voted for the first time in years yesterday for OUT 

Don't expect the power-mongers up top of the food chain just let little UK go about their own way now the great unwashed have rejected their media propaganda.

Expect sheer punishments,  financial, economic in coming years now

Expect the replacement to Camer-moron to be a bumbling useful yes man idiot like Gordon Brown was after B.Liar left office.  Like Bulliondon club Toff-Boy Etonian Boris Johnson

Who will feck things up and make things x10 worse than things were before.

The stay in vote wins yesterday = BUSINESS AS USUAL Pass Go, Collect 250 euros showing up money

Vote OUT wins yesterday = We have the useful idiot n place already, hes one of us, been through the same establishment indoctrination centres of the Elite, he is happy to be a sacrificial lamb, if they dont vote the way we want them to.

"Problem - Reaction - Solution" aka The Hegelian Dialectic

Georg Wilhelm Friedrich Hegel was a 19th century German philosopher who devised a particular dialectic, or, method of argument for resolving disagreements.

His method of arriving at the truth by the exchange of logical arguments is a system of thought process still use to this day.
To put it simply, the basis of Hegelianism dictates that the human mind can’t understand anything unless it can be split into two polar opposites. Good / Evil, Right / Wrong, Left / Right.

So for The Powers That Be - create the problem, general public react SOMETHING MUST BE DONE, then offer the solution you have covertly created.  

DONT FALL FOR IT FOLKS - its been done 100s of times to us over the centuries 

Edited June 24, 2016 by Paul

[PureGold]

It's all by design to get a one world currency they have to crash the euro then the dollar and then bring a solution https://socioecohistory.wordpress.com/2014/07/26/flashback-1988-get-ready-for-a-world-currency-by-2018″-the-economist-magazine/

 

[Paul]

Gold back on the climb again 

Looks like my next monthly purchases are going to be silver for a while - gold looks SO EXPENSIVE now

around £1000 for a 1oz coin - eek !!

 

[silverin]

2 hours ago, PureGold said:

I 100% won't be selling gold is still undervalued

I was saying that in 2011/12 at £1000 an ounce.

It all depends on your exposure to it. 

[PureGold]

I've bought at £1200 per oz in 2011 I'm well aware and I personally will not even think of selling yet I've also bought at £650 per oz I'm not knocking anybody who does but I won't be @silverin

Edited June 24, 2016 by PureGold

[HawkHybrid]

the punishment yet to come from the eu may push gold a little higher.

 

(notice how gold(%) is leading silver in this rise)

 

HH

[Ravinella]

As long as the financial uncertainty remains next 12 months at least if not 24 or 36+ even Gold prices will be up and down constantly with swings easy the size of yesterdays or greater imo. Brexit was a once in a generation game changer and I dont care what or who says it nobody knows where this is heading with any credible degree of certainty yet, we are truly in uncharted waters.

Purely personal decisions based on your goals......if a flipper flip when you like and don't get down if price shoots up next day, similarly don''t be over pleased with yourself if price tanks next day, that's flipping, just stay calm and accept it and enjoy the ups and downs, hopefully with more ups than downs though of course.

Different for me I'm in it for my Grand kids and if I'm still here I'll still be a buyer when I believe Gold is undervalued, as I do now, and I can afford some.I doubt I'll ever cash my stack in..........GKs' can do what they like with it when I've left it to them.

Even if it crashes it will never be worthless like those useless "I owe you" bits of paper always end up being one day or other.

Edited June 25, 2016 by Ravinella

[rebnah]

Why has the gold price flatlined this morning? It's not changing at all?

[Agpanda]

All markets all close over the weekend

[rebnah]

4 hours ago, Bosse68 said:

All markets all close over the weekend

Blimey I never knew that cheers

Edited June 25, 2016 by rebnah

[vand]

On 6/24/2016 at 11:04, PureGold said:

I 100% won't be selling gold is still undervalued

+1.

When the day comes that gold is fully valued (Gold:Dow at least in low single digit, under 100oz for a standard house) of gold  then this week's price action won't even be distinguishable as a blip on the overall chart. 

Buying fiat currency with real money is the craziest thing that you can do right now.

Carney has pretty much just said that they're prepared to do "whatever is necessary to stabilize financial markets" ( = codeword for more fiat currency dilution). That's all they have in their locker, and they're about to wheel out the bazookas and heavy artillery.

[Pampfan]

To all my friends in the UK 

you have started the worldwide revolution to bring back the power to the people.  Too long have the masses been looked over.

Although you venture on into uncharted territories, you have made the right decision and lead the world into the new brighter future we deserve.

Gold will lead the way 

You cannot print Gold!!!!!!

 

 

[PureGold]

@Pampfan that would be nice however I think a huge global financial crash is fast approaching and they have a plan for when that happens a one world currency I don't believe leaving will change that if anything it will speed it up and it won't be pretty that's when you will need your Gold

[MikeOxlong]

Thanks a bunch goldprice

 

[Guest]

There will be profit opportunities along the way but in the medium term gold is the only common sense store of wealth and value.

I am not a seller for fiat but I might sell for London property that is almost as good as gold and provides an income.

Gold is about wealth creation long term for retirement and the next generation it's not designed for short term £5 here and there profit taking.

Sent from my iPhone using Tapatalk

[rebnah]

So do you think the gold price is likely to climb again tomorrow?

[Bumble]

Gold is still good in the longer term, but in the short term, I'm not so sure. For one thing, markets always overreact to bad news. Friday morning, gold lurched up to £1000 per ozT and then settled back; GBP/USD fell to 1.30 then recovered to 1.37; FTSE dropped 10% then recovered to down 3%. Over the next 3-4 months, the big event is the US election. The establishment are desperate to get Hillary elected and shut Trump out. Since the current president is a democrat, this means they will talk up the economy and publish lots of strong results: high GDP growth, low unemployment, high job creation, etc. Most of the results will be bull**** but people will believe them and it will make them want to vote for more of the same. This will be negative for gold. You may well be able to buy gold more cheaply in 3 months time than today. No guarantees of anything, just watch the price closely and maybe use cost averaging to get yourself in.