Gold Monitoring Thread £ GBP only

[Silverlocks]

6 minutes ago, StackerBritt said:

So doesn’t that put it back to where we were a couple of years ago?

Yes, they brought that in for public sector clients a few years ago and for the private sector maybe a couple of years.

 

[LemmyMcGregor]

2 hours ago, HerefordBullyun said:

https://uk.finance.yahoo.com/news/mini-budget-kwarteng-tax-stamp-duty-cuts-uk-economy-090842898.html 

"Speaking in the House of Commons, the chancellor announced tens of billions of pounds of increased spending and tax cuts in the mini-budget on Friday."

So, borrowing? We need to cut spending for crying out loud, burn the Quangos.

1 hour ago, Uksilverstackers said:

Kwarteng Mates Rates 

“From April, the 629,000 earners getting more than £150,000 a year will no longer pay the top income tax rate of 45% and will instead pay the 40% applicable to those on over £50,271”

 

To be fair, I've always supported a flat tax, highest earners pay more by virtue of earning more. Call it 20%, you earn 40k and you pay 8k, if you earn 250k you pay 50k. Yes, you are left with more, because you earned more. Charging them more is unfair and doesn't promote production.

[SidS]

16 minutes ago, LemmyMcGregor said:

To be fair, I've always supported a flat tax, highest earners pay more by virtue of earning more. Call it 20%, you earn 40k and you pay 8k, if you earn 250k you pay 50k. Yes, you are left with more, because you earned more. Charging them more is unfair and doesn't promote production.

I totally agree with this.

The increased spending isn't coming from tax raised but from money borrowed, if what I've heard is correct.

Gideon Osbourne must be turning in his chair.

[Smiler999]

1501

[James32]

🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳

[Silverlocks]

1 minute ago, James32 said:

🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳

Gods.  First it was @LawrenceChard.  Now it's @James32 posing in his underwear.

 

Edited September 23, 2022 by Silverlocks

[Goldfever20]

7 minutes ago, Smiler999 said:

1501

£1506 

[Smiler999]

Lol I literally posted it and it went up a fiver 

[James32]

Some bounce going on today

[geowill989]

Just a shame that £1506 doesn't have nearly the same purchasing power it did when gold was last at that price. Regardless, gold has been pretty robust here in the UK during these financial troubles

It's damn satisfying to see though lol

[Smiler999]

I'm damn glad I actually own some physical looking at what's happening and what's possibly coming 

[Silverlocks]

 

 

[Smiler999]

Easy seeing why most dealers are out of stock on your run of the mill bullion stuff, plenty over priced premium left though lol

[Paul]

is imminent - we've broke £1500oz now !!

Next stop $400 or $4000oz 

[JunkBond]

Calm down lads it's just the £ collapsing.

[Bars]

3 hours ago, Paul said:

"  Its a big club, and you aint in it ! " {George Carlin }

@James32 is in it though. Lucky sod.

[LawrenceChard]

27 minutes ago, Silverlocks said:

Gods.  First it was @LawrenceChard. 

 

Thank you, thank you!

😎

[Midasfrog]

11 minutes ago, Smiler999 said:

Easy seeing why most dealers are out of stock on your run of the mill bullion stuff, plenty over priced premium left though lol

Todays overpriced is next months underpriced and repeat and repeat and repeat 😁

[LawrenceChard]

Just now, Midasfrog said:

Todays overpriced is next months underpriced and repeat and repeat and repeat 😁

You can say that again!

😎

[stefffana]

1 minute ago, Midasfrog said:

Todays overpriced is next months underpriced and repeat and repeat and repeat 😁

I know a guy who offloaded last few weeks lots of sovereigns .... and repeat and repeat and repeat...

[Midasfrog]

1 minute ago, LawrenceChard said:

You can say that again!

😎

I said that I said that 😄

[Smiler999]

Lawrence needs to get his stash of minty sovereigns out from storage and let the people have them lol

[Midasfrog]

Just now, Smiler999 said:

Lawrence needs to get his stash of minty sovereigns out from storage and let the people have them lol

With Free postage ? 🤣

[LawrenceChard]

Just now, Smiler999 said:

Lawrence needs to get his stash of minty sovereigns out from storage and let the people have them lol

We did receive a few monster boxes of them today, with some other goodies.

Some of this stuff, we bought weeks ago.

It might be a few weeks before we get any more!

😎

[Bars]

Just now, Midasfrog said:

With Free postage ? 🤣

What's this free postage? heard few people say it now