Gold Monitoring Thread £ GBP only

[Paul]

30 minutes ago, James32 said:

I was born in the Dublin street
Where the loyal drums do beat,
And the loving English feet walked all over us;
And every single night when me dad would come home tight,
He'd invite the neighbours out with this chorus:

" Come out you silver stackers ......  " 

[treetop1280]

41 minutes ago, James32 said:

I was born in the Dublin street
Where the loyal drums do beat,
And the loving English feet walked all over us;
And every single night when me dad would come home tight,
He'd invite the neighbours out with this chorus:

@James32 would sing that song , after he’s had 2 pints and his balls have grown , and thinks he’s che Guevara , I definitely don’t sing it , in fact the f kin pair of you  report to the Rex bar in the shankill rd , for a well deserved , and over due , community beating 😀👍

[James32]

£1737 held well today.

 

 

 

[BLOOMMAN101]

[James32]

2 minutes ago, BLOOMMAN101 said:

Let's hope tomorrow cracks and stays above $2200

[Skyfiller]

Come and face me like a man

[James32]

1 minute ago, Skyfiller said:

Come and face me like a man

Come out and fight me like a man....but A for effort. 

[Skyfiller]

😂 I can’t remember what I had for breakfast and you expect me to remember the lyrics for a song I haven’t heard for 30 years! Gold was just under £17 an ounce when this was recorded.

[ZRPMs]

7 minutes ago, Skyfiller said:

Come and face me like a man

 

5 minutes ago, James32 said:

Come out and fight me like a man....but A for effort. 

Its everywhere tonight. Any one up for comparing broken trucks. I guarantee I have the worst.  

[9x883]

2 minutes ago, ZRPMs said:

 

Its everywhere tonight. Any one up for comparing broken trucks. I guarantee I have the worst.  

Been carting around @James32 pop star coins again?😉😉

[9x883]

I wonder what Friday's data will bring? Close at £1750/1760?

[ZRPMs]

Just happy to go along for the ride. TBH I have trouble guessing what my shoe size will be at the weekend. 

[Upsidedown]

6 minutes ago, 9x883 said:

I wonder what Friday's data will bring? Close at £1750/1760?

I think the rise will be a little slower now, ive seen some forecasts have gold at 1820 by the end of june. I think this is realistic if rate cuts are kept to, and data is as expected.

[gji25]

2 hours ago, Upsidedown said:

I think the rise will be a little slower now, ive seen some forecasts have gold at 1820 by the end of june. I think this is realistic if rate cuts are kept to, and data is as expected.

There wont be no rate cuts and they have no credible data

[gji25]

 

[SidS]

1 hour ago, gji25 said:

 

There's a song I haven't heard for ages!

[Chronos]

CBO Director Warns Of Debt Market Meltdown With US Debt Is On "Unprecedented" Trajectory:

https://www.zerohedge.com/markets/cbo-director-warns-debt-market-meltdown-us-debt-unprecedented-trajectory

[ant1882]

£1741!

[Goldbrittanialover]

58 minutes ago, ant1882 said:

£1741!

Exciting stuff, just need the mining stocks to catch up now. Can't be long if the gold price is at all time highs? 

[9x883]

Excellent! 

[Petra]

🤔😮gold up! Take it that most of you celebrating are not selling and not buying😮🤔🤣

[AndrewSL76]

The news of the UK being in recession is likely to have an impact. Watch this space. Gold for sale on the forum at spot or under is very good given this news. 

[Bratnia]

34 minutes ago, Petra said:

🤔😮gold up! Take it that most of you celebrating are not selling and not buying😮🤔🤣

With stocks (VWRP/world) and gold up year to date by similar amounts, 50/50 target stock/gold weightings and adding to the most-down or drawing from the most-up ... would have you adding or withdrawing in around equal measures of stocks and gold. Time averaging in/out ... washes, sometimes you'll be buying (selling) at highs, or lows, unknown at the time, only with hindsight, but that broadly averages out.

[Bratnia]

9 minutes ago, AndrewSL76 said:

The news of the UK being in recession is likely to have an impact. Watch this space. Gold for sale on the forum at spot or under is very good given this news. 

That's a lagged measure, by the time a official recession is flagged, it may already be over.

[AndrewSL76]

9 minutes ago, Bratnia said:

That's a lagged measure, by the time an official recession is flagged, it may already be over.

The news is specific to the period at the end of 2023. Like you say - a lag. However, we have seen in previous recessions that the news ant the point of release impacts the price given the reaction to the news as investments in gold are sought.