Gold Monitoring Thread £ GBP only

[Paul]

Always nice to follow the educated in-depth commentary and analysis of the gold market in this thread, it has more depth and substance than reading zerohedge that's for sure 

[SidS]

4 minutes ago, Paul said:

In my head I had a vision of the Hindenburg erupting and a massive sign saying, "It's going down!!!"

[dicker]

Gold found a bit of energy today.  It’s been a couple of weeks!  Good to 1485 again

[Martin1983]

Hello people 

 

I am wanting to buy about 10 1oz gold coins where is the best deals to be had? 
 

I am only really looking between Atkinson and Chards at the moment.

 

thanks 

[modofantasma]

4 minutes ago, Martin1983 said:

Hello people 

 

I am wanting to buy about 10 1oz gold coins where is the best deals to be had? 
 

I am only really looking between Atkinson and Chards at the moment.

 

thanks 

I'd try Tavex or HGM usually good prices and service 

[modofantasma]

2 minutes ago, modofantasma said:

I'd try Tavex or HGM usually good prices and service 

For 10 X 2022 Brit Tavex cheapest by a decent margin then Atkinson's and Chards are close but Chards a few quid more expensive.

If you aren't bothered about the year or type of 1 Oz coin it might be different 

[lst65]

10 X 1 oz Gold Britannia hard to beat at Tavex. But other dealers available of course. 

[stefffana]

If you are not in a rush, you can find on forum around £1500 posted.

[Martin1983]

12 minutes ago, stefffana said:

If you are not in a rush, you can find on forum around £1500 posted

12 minutes ago, stefffana said:

If you are not in a rush, you can find on forum around £1500 posted.

That’s fine I am just not comfortable sending that kind of money to someone I don’t know 

[stefffana]

1 minute ago, Martin1983 said:

 

Yes, make sense.

I was talking about buying one by one.🤗

But if you want in one transaction, it is better to choose a dealer.

[gji25]

best to buy on the forum if your not in desperate need . plus 👁️‍🗨️ the goverment dont know what you actually own lol 👍

[James32]

£1500+ looking likely today

[lst65]

3 minutes ago, James32 said:

£1500+ looking likely today

Hopefully 😉😂

[modofantasma]

5 minutes ago, James32 said:

£1500+ looking likely today

GBP getting killed ⬇️

[James32]

@FlorinCollector how's things with you? 🤣

[FlorinCollector]

3 minutes ago, James32 said:

@FlorinCollector how's things with you? 🤣

When you tag me i know it is bad 🤣🤣🆘🆘🆘

Edited June 10, 2022 by FlorinCollector

[FlorinCollector]

@James32 What happened today. Somebody launch the nukes? 😂😂

[Mtaybar]

Blimey.... Gold shot up today. What spurred that? 

Back up to £1512 just like that!

[flyingveepixie]

24 minutes ago, Mtaybar said:

Blimey.... Gold shot up today. What spurred that? 

Back up to £1512 just like that!

Think the pound has fallen a bit against the US dollar, that might be driving it..

Edited June 10, 2022 by flyingveepixie

[Paul]

Fookin' el that's spiked up today.

Tooooo dddaaaaaa mooooooooonn ! ( But we may be doomed next week lol  ) 

[sjhdesmond]

1 hour ago, Mtaybar said:

Blimey.... Gold shot up today. What spurred that?

Sod's Law did. I got paid today and was planning to buy....

[MancunianStacker]

This is just the beginning, property prices peaking, gold cheap, GBP getting creamed 👌 

[StackerBritt]

I’m c**p at economics but I think the US inflation rate was announced today and was >8%.  In my understanding wouldn’t that increase demand for gold & other PM?

[ArgentSmith]

16 minutes ago, StackerBritt said:

I’m c**p at economics but I think the US inflation rate was announced today and was >8%.  In my understanding wouldn’t that increase demand for gold & other PM?

Maybe the worm has turned, the perverse idea higher inflation is bad for gold is because the market has expected subsequently higher interest rates, perhaps the penny has dropped... we are never getting anything close to 8-10% base rates ergo negative real rates are here to stay?

Gold is an inflation hedge isn't it 🤷‍♂️

[lst65]

58 minutes ago, sjhdesmond said:

Sod's Law did. I got paid today and was planning to buy....

If you buy for the short term, especially as gold is bouncing up and down, then you run a real risk of getting stung. But maybe consistently buying smaller amounts over a far longer period would ‘average out’ the fluctuations? And then, hopefully, you’d be buying the lows and the highs?  Just a thought. I’m not a financial advisor by the way. Good luck whichever way you go  😂🙏

Edited June 10, 2022 by lst65
Correction of spelling