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Gold high spot price


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8 minutes ago, silenceissilver said:

No, just keep buying whatever the price unless it's in a bubble but we are far away from that. Also I don't hink a gold price bubble can even happen without an economic/financial crisis.

We have gdp ratio levels of debt not seen since just after ww2...Japan is over 200% debt to gdp, UK is hitting the 100%...America is dancing with the debt reaper...we are in bubble territory, have been for quite a while...the ten year cyclical has long since passed, the rmortgage rates are at historical lows and yet not enticing people to buy because ether they don't have the money to or think you can get a 3p year fixed for 2%.....wages are low and have been for the last 45 years...it's not a matter of their being a bubble, it's a matter of who has the pin.

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40 minutes ago, DarkChameleon said:

We have gdp ratio levels of debt not seen since just after ww2...Japan is over 200% debt to gdp, UK is hitting the 100%...America is dancing with the debt reaper...we are in bubble territory, have been for quite a while...the ten year cyclical has long since passed, the rmortgage rates are at historical lows and yet not enticing people to buy because ether they don't have the money to or think you can get a 3p year fixed for 2%.....wages are low and have been for the last 45 years...it's not a matter of their being a bubble, it's a matter of who has the pin.

Of course. I meant gold in a bubble. I don't think this can happen without a crisis not just looming but only during a stage (not sure what stage exactly) of a crisis that has actually emerged.

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Just now, Paul said:

give me a shake when silver is at £30 oz please - mucho thanks 

Think you can set a alarm when hits a set amount from bullion by post 



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20 minutes ago, AuricGoldfinger said:

Sovereigns!

Close same size 

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31 minutes ago, Goldmick said:

Think you can set a alarm when hits a set amount from bullion by post 

It will be 23G tech powering my phone when the alarm alert goes off for £30 oz :( 

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gold_1d_o_USD_z.png.6f96372ef7d2c78dd326433181c50098.png         gold_1d_o_GBP_z.png.7e41cd39d07e35cd1ccf0376c7fe5349.png

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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Your charts are looking lovely just now @Roy We've nearly reached the clouds. I just hope I've not wandered onto a rollercoaster ride by mistake. It's too scary to get off at the top. Luckily I'm well prepared - I've got a spare pair of undies waiting for me at the end of the ride.

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On 05/06/2019 at 11:30, RichRock said:

 

And since then the market has said...

1860739102_batmanreaction.jpg.ae4b88622e36aa04a184a3b51488630a.jpg

Jesus wept.

Sold more yesterday at £1090...Today's price...

1459188167_jesuswept.png.5e3f0ef30c614f60fece3899b91f8946.png

Jesus wept really hard...

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When I look at the gold I have sold recently, I look at the profit I have made, not the profit I could have made.

As part of my spreadsheet, I calculate the equivalent APR interest of each coin, (calculated, from time purchased to time sold) If the APR is over 10% then I'm happy to have sold. Lets just say, the last few coins have been well over that.

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You would think more people buy more gold when price is low and buy less when price rises like this but I can see it’s exactly other way round.

seems like when price is low people are reluctant to buy because they are scared it might go lower, when price rises massively like this people rush to buy gold because they think it’s gonna go even higher.

A friend of mine who never had any interest in PMs called me yesterday to tell me that he purchased 10oz of gold.

very interesting indeed.

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@Nick1368, he'll be gutted when he finds out about your recent listings!

The Brits are fab 👍

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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44 minutes ago, Nick1368 said:

You would think more people buy more gold when price is low and buy less when price rises like this but I can see it’s exactly other way round.

seems like when price is low people are reluctant to buy because they are scared it might go lower, when price rises massively like this people rush to buy gold because they think it’s gonna go even higher.

A friend of mine who never had any interest in PMs called me yesterday to tell me that he purchased 10oz of gold.

very interesting indeed.

I think it’s more of getting ahead of a multi year bull run. Well for me anyway lol

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