Gold Monitoring Thread £ GBP only

[dicker]

Back up - 1618

[dicker]

1620

[FlorinCollector]

Ok I take it back the working man won't be reducing to a half sovereign it'll be a quarter sovereign at this rate

[bluemoon]

8 minutes ago, FlorinCollector said:

Ok I take it back the working man won't be reducing to a half sovereign it'll be a quarter sovereign at this rate

Jokes aside it's a fair point. How easy will it be to sell Britannias on this forum when they're £3,000? I wonder how many people here manage to shift gold 100g bars.

[FlorinCollector]

Just now, bluemoon said:

Jokes aside it's a fair point. How easy will it be to sell Britannias on this forum when they're £3,000? I wonder how many people here manage to shift gold 100g bars.

Yes I am serious mate. I think going forward buying half sovereigns might be the play. Anytime I want to shift one itll be easier and less money than trying to sell a full sov. 

The only bit that is holding me back is how tiny they are but it just shows how s*** our money is. 

[Zhorro]

17 minutes ago, dicker said:

1620

It looks as if the big boys are seeking safety for their money over this weekend!

[MrStacker]

Monday will be even higher from what’s just been declared on the “news. So if you are stacking long term buying at this price isn’t necessarily a bad choice dependent on individual cases. 

[Smiler999]

😫😫😫

[Midasfrog]

Just now, MrStacker said:

Monday will be even higher from what’s just been declared on the “news. So if you are stacking long term buying at this price isn’t necessarily a bad choice dependent on individual cases. 

What has been said on the news ?

[dicker]

1625

I saw the post demand about demand for physical.  Typical herd mentality, but who can blame the public…

Sort of justifies cost price average buying strategies over a long time period.  
 

[ant1882]

£1625

[Earthmetal]

10 minutes ago, Midasfrog said:

What has been said on the news ?

I never watch it, but I imagine they said "Doom! gloom, be afraid of stuff! Aaargrhhh! .... and a cat got stuck in an amusing place."

[James32]

I'm exhausted 

[dicker]

When this thread started @Paul was seeing prices in the 830’s.  How times have changed.   

[Zhorro]

13 minutes ago, Midasfrog said:

What has been said on the news ?

Shares in Credit Suisse and First Republic have continued to fall - will action be taken over the weekend?

[Roy]

Sorry, I know it's the GBP thread but I don't carry any.

The item on the left is worth £52.

 

 

Edited March 17, 2023 by Roy

[Stu]

5 minutes ago, Roy said:

Sorry, I know it's the GBP thread but I don't carry any.

The item on the left is worth £52.

 

 

Are all US denominated notes the one size?

There is a US$ Gold price thread also👍

[Roy]

Just now, Stu said:

Are all US denominated notes the one size?

There is a US$ Gold price thread also👍

Yes, hence easy to counterfeit.

Nobody looks at USD thread  @Stu 🤣

[dicker]

It’s noticeable that chatter around gold price suppression has fallen away recently.  

[flyingveepixie]

16 minutes ago, Zhorro said:

Shares in Credit Suisse and First Republic have continued to fall - will action be taken over the weekend?

Yes it looks like that big injection of cash Credit Suisse received has made no difference whatsoever. Current share price is $1.965 which is not as low as the five day figure of $1.87 but it's hardly a bawhair off it... (Apologies for the crude Glaswegian but I thought it might be quite amusing in this instance...😂)

Edited March 17, 2023 by flyingveepixie

[Paul]

Gold Price per Ounce UK in GBP Sterling

Au

Current Price £1,624.78    Week Change  5.11% £+79.02

Week high £1,625.56        Week low £1,545.76

 

Not too shabby for a week 

[GoldDiggerDave]

Those stacking silver are still waiting.....🤣🤣🤣

Edited March 17, 2023 by GoldDiggerDave

[James32]

 

[GoldDiggerDave]

Wait until the bigger banks go turtle.......2.5k per oz will look cheap.  

[goluckystayhappy]

TPTB probably getting ready for a smackdown at $2000/oz