Gold price today

[HerefordBullyun]

6 minutes ago, frugalman said:

i live under a rock mate. this is the closest thing to social media I get. my nonconformity with society has left me unable to retaliate online. I therefore grasp your humor with both hands.

When people mention skin color for no reason it plays havoc with my sentiment 😃

Not here to offend friend  People know me well enough here that I aint! Skin colour isnt an issue to me  I live under the world of humour.

[dicker]

22 minutes ago, frugalman said:

 

 

With respect, it impacts mine. 

You generalised around impact to sentiment.

Your sentiment might amount to a few Sovs purchased a month.  Maybe more, maybe less.  The market is measure in billions, per day.  A few scammers are what I would term “non material” at very best   
 

 

[frugalman]

3 minutes ago, HerefordBullyun said:

Not here to offend friend  People know me well enough here that I aint! Skin colour isnt an issue to me  I live under the world of humour.

I know that bully, me too. The only skin color I worry about is the ones that I wrap my tobacco up in lol. 

Anyhow I had my daily word count trying to enlighten others lol. Take care mate

[frugalman]

2 hours ago, dicker said:

You generalised around impact to sentiment.

Your sentiment might amount to a few Sovs purchased a month.  Maybe more, maybe less.  The market is measure in billions, per day.  A few scammers are what I would term “non material” at very best   
 

 

I get your point but hypothetically speaking- some say the high silver premiums are a scam, the spot price is correct and that there's plenty of silver about really. 

Would such a scam qualify for impact. 

Or you could totally reverse the scenario and ask the same question

Again my initial point was that crypto cash could be moving to gold as a safe haven. But I will add that the silver cash could also be moving over. I notice a lot of silver stackers have temporarily switched over to stacking gold in the last year or so. They don't like paying massive premium on an artificially low spot price =  sentiment changed by scammers.

Edited November 6, 2021 by frugalman

[Bixley]

On 04/11/2021 at 16:17, Bixley said:

Two questions:

does anyone have any idea why the gold price has surged up about 3% today, and 

why does the silver forum ticker show it down in price?

Last week I posed the two questions above.  So why has gold surged again today?

And I’m still bemused that a down arrow in red indicates on the silver forum that the price has gone up.

 

[James32]

5 minutes ago, Bixley said:

Last week I posed the two questions above.  So why has gold surged again today?

And I’m still bemused that a down arrow in red indicates on the silver forum that the price has gone up.

 

Check out atkinsons or bullionbypost for accurate (ish) readings on the gold/silver markets

[Zhorro]

35 minutes ago, Bixley said:

Last week I posed the two questions above.  So why has gold surged again today?

And I’m still bemused that a down arrow in red indicates on the silver forum that the price has gone up.

 

It was announced today that US consumer prices went up 6.2% (year on year) - so I guess people are looking for a hedge against this (and further inflation).

[MJCOIN]

Evergrande have officially defaulted on their latest payment.  Could get 'interesting' soon.

[sovereignsteve]

4 hours ago, Bixley said:

And I’m still bemused that a down arrow in red indicates on the silver forum that the price has gone up.

If you mean next to the gold price at the top left of the forum price banner, then yes it always seems to be wrong so best to ignore it.