Gold Monitoring Thread £ GBP only

[Fenlander1]

Unbelievable 

[Paul]

Nearly 90:1 gold to silver ratio now if anyone fancies taking their profits and going all in on SLV 

[HerefordBullyun]

First Republic bank now graded by S&P as now Junk Grade.....

[SidS]

I predict £1643-£1656 for the top - today.

This could get old very quick.

Edited March 15, 2023 by SidS

[FlorinCollector]

I just wish I had more Gold 🥹

[James32]

2 minutes ago, SidS said:

I predict £1643-£1656 for the top - today.

This could get old very quick.

Put the weed killer in the shed please, dangerous stuff.

Just now, FlorinCollector said:

I just wish I had more Gold 🥹

Wanna buy some? 😆 

[ArgentSmith]

I bought some Barclays shares yesterday, if anyone wants them am only asking what I paid. Thanks.

[Paul]

What was announced around 9.30am this morning when the spike started ?

Bet it was the Royal Mint so they can hike the price of tomorrows new GE release 

 

[FlorinCollector]

@James32 I used to buy a sovereign a month soon itll be one every 6 months

[James32]

1 minute ago, FlorinCollector said:

@James32 I used to buy a sovereign a month soon itll be one every 6 months

Yeah I'm only partially laughing, that's the real conundrum, if we sell now we may never get back in.

[SidS]

1 minute ago, James32 said:

Yeah I'm only partially laughing, that's the real conundrum, if we sell now we may never get back in.

Welcome to my world!!!

[AurumArgenti]

1 minute ago, James32 said:

Yeah I'm only partially laughing, that's the real conundrum, if we sell now we may never get back in.

A Gordon Brown moment. 😧  

[JamesH]

£1,600 breached! Pic for posterity 

[Paul]

8 minutes ago, FlorinCollector said:

@James32 I used to buy a sovereign a month soon itll be one every 6 months

@James32 used to buy a sovereign a month day soon itll be one every 6 months other day 

[FlorinCollector]

1 minute ago, JamesH said:

£1,600 breached! Pic for posterity 

I see all the dealers have this banner up now. Who is buying today 🥴 panic buyers I guess?

[Paul]

2 minutes ago, AurumArgenti said:

A Gordon Brown moment. 😧  

Browns Bottom 

[Midasfrog]

4 minutes ago, James32 said:

Yeah I'm only partially laughing, that's the real conundrum, if we sell now we may never get back in.

Sell a couple of tubes of sovereigns while it's high and buy one Bitcoin or sell a bit more and buy a rental property and Let it for £800 / month income. The housing crash is here with 20% to 30% lower prices than last year.

[SidS]

5 minutes ago, AurumArgenti said:

A Gordon Brown moment. 😧  

I thought it was Rowan Atkinson for a moment there.

Might as well have been.

Edited March 15, 2023 by SidS

[SidS]

7 minutes ago, JamesH said:

£1,600 breached! Pic for posterity 

So when is silver going to the moon?

Hello £18 per ounce, where's fifty?

[Nick1368]

Wooow I remember my first gold purchase in 2018 , spot price was £900 , five years later and it’s £1600 now 

[dicker]

8 minutes ago, AurumArgenti said:

A Gordon Brown moment. 😧  

What a tool

[Paul]

Gold Price in USD $per Troy Ounce for Last Week  Au  

• Current Price  $1,927.00
• Week Change +5.65%
• $+102.99
• Week high $1,930.52
• Week low $1,812.36

Gold Price in GBP £ per Troy Ounce for last week Au

• Current Price  £1,602.97
• Week Change +4.19%
• £+64.52
• Week high £1,602.97
• Week low £1,527.48

 

Its certainly on the move Stateside for the week 

[dicker]

1603 touched

What is interesting is this is happening while the market expects inflation to drop sharply.  Lots of short team fear around banks and liquidity I guess.

[James32]

5 minutes ago, Midasfrog said:

Sell a couple of tubes of sovereigns while it's high and buy one Bitcoin or sell a bit more and buy a rental property and Let it for £800 / month income. The housing crash is here with 20% to 30% lower prices than last year.

Dude I'm still waiting for your dip ffs... you are to financial advice,  what Joe Biden is to the Olympics 😆 

[Midasfrog]

6 minutes ago, Nick1368 said:

Wooow I remember my first gold purchase in 2018 , spot price was £900 , five years later and it’s £1600 now 

I remember these good old days 1oz Krugs and 1oz QB Dragons for £900 a pop posted 😆

Edited March 15, 2023 by Midasfrog