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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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FT: Bank of England increases interest rates by 0.5 percentage points

Britain faces a protracted recession and the worst squeeze on living standards in more than 60 years, the Bank of England warned on Thursday, as it raised interest rates to their highest level since the global financial crisis.

 

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. - H.L. Mencken

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1 minute ago, lst65 said:

….and the very real threat of recession now. 

We're already there... it's a matter of how bad it gets now.  Glad I bought a couple more Sovs last month.

Looking to complete a date run of Bu Sovs and still require; 2010, 2011, 2018 & 2019

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