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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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2 minutes ago, PrivateStacker195 said:

After the recent government news how low do you reckon gold will dip by? 

I don’t think there’s any correlation between the buffoons of this government and the worldwide gold market. Economics and markets will react to greater forces than this bunch of clowns. 

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54 minutes ago, lst65 said:

I don’t think there’s any correlation between the buffoons of this government and the worldwide gold market. Economics and markets will react to greater forces than this bunch of clowns. 

Yet some how when i buy a single sovereign the price will plummet, then when i sell it pumps! Work that out?! 

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7 minutes ago, Paul said:

You must buy at the same time as me :(

Glad i'm not alone. Honestly the more i learn about the economy, the closer i pay attention, the less the gold and silver price movement's make any sense. Just going to keep stacking the stuff tho. 

Who's up for a "gold raid".... planned group purchase?? Maybe we can get Wonga involved on marketing? Get the price back down for a bit!

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17 minutes ago, SilverDrum said:

Yet some how when i buy a single sovereign the price will plummet, then when i sell it pumps! Work that out?! 

Long term buddy - stay long if you can and buy small and often (if poss of course). Take a look at the past 15 years performance…if you bought that one sovereign then and compare now. Outstrips silver all the time. 

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2 minutes ago, SilverDrum said:

Glad i'm not alone. Honestly the more i learn about the economy, the closer i pay attention, the less the gold and silver price movement's make any sense. Just going to keep stacking the stuff tho. 

Who's up for a "gold raid".... planned group purchase?? Maybe we can get Wonga involved on marketing? Get the price back down for a bit!

400 dollar Oz due any day now I here on the grapevine 

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3 minutes ago, lst65 said:

Long term buddy - stay long if you can and buy small and often (if poss of course). Take a look at the past 15 years performance…if you bought that one sovereign then and compare now. Outstrips silver all the time. 

Buy this month and forget, buy next month, get a bonus buy some more, buy month after, get a cash in hand fiddle job buy some more, clear out your c**p on feebay buy some more. Don't over think it. Provided your looking to hold for future and not for quick profit you're golden. You'll have a pile of golden booty nest egg that'll be worth £something in years to come

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3 hours ago, Paul said:

Buy this month and forget, buy next month, get a bonus buy some more, buy month after, get a cash in hand fiddle job buy some more, clear out your c**p on feebay buy some more. Don't over think it. Provided your looking to hold for future and not for quick profit you're golden. You'll have a pile of golden booty nest egg that'll be worth £something in years to come

Great investment strategy, as a repayment vehicle, for a BTL property portfolio (currently on interest only). 👍🏻 

Decus et tutamen (an ornament and a safeguard)

YouTube - https://www.youtube.com/channel/UC5OjxoCIsDbMgx7MM_l4CmA

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1 minute ago, James32 said:

I'm now using your tags as a nudge..buy the dip😂 

On the bright side,your 1oz silver will cost me around £12 

This bet has truly been a win win. Price up me and you get richer on paper. Price down we get to buy more on the cheap :D At this rate you'll be able to buy me a gram of gold for the same price of the silver since they don't move on those premiums 🤣

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