Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 21,000+ forum members and 1 million+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. Sign up for FREE to view the forum with reduced ads. 

Gold Monitoring Thread £ GBP only


Paul
Message added by ChrisSilver

This topic is to discuss price action in GBP, to discuss price action in $ USD, please see this topic: https://thesilverforum.com/topic/19962-gold-monitoring-thread-usd-only/

📌 For general non PM chat there is the Hangout topic here: 

 

Recommended Posts

I don’t think it will be Asia trying to slam it. If it comes it will be western. .. but who knows anymore ?!?

Edited by Agaupl

Aaaahhh😉

Link to comment
Share on other sites

£1,867.36

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

Link to comment
Share on other sites

Still decent hold over £1850

image.thumb.png.79f923098fd4bf03819cad8c8baca772.png

This spike was impressive, I'm sure they'll put it down to a glitch. Be interesting to know who bought and who sold at that level

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

Link to comment
Share on other sites

23 minutes ago, Gruff said:

Still decent hold over £1850

image.thumb.png.79f923098fd4bf03819cad8c8baca772.png

This spike was impressive, I'm sure they'll put it down to a glitch. Be interesting to know who bought and who sold at that level

Has to be a currency blip. Silver jumped up at least 3p at the same time 🤣 It was more than that, I'm just having a giggle

Link to comment
Share on other sites

16 minutes ago, ZRPMs said:

Has to be a currency blip. Silver jumped up at least 3p at the same time 🤣 It was more than that, I'm just having a giggle

It was definitely the inner workings of their dodgy algo waking up. The first thing it does is display how many leaves are in the nearest tree, then it gets back to business

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

Link to comment
Share on other sites

46 minutes ago, bobski said:

It was definitely the inner workings of their dodgy algo waking up. The first thing it does is display how many leaves are in the nearest tree, then it gets back to business

Reminds me of My Cousin Vinny...

 

Link to comment
Share on other sites

Definitely a price feed blip (I've worked with three or four different providers and they're all a nightmare and prone to small errors like this, or you get long periods of flat lines when the market isn't closed).

Interestingly the BBP spike does last over four minutes, which means it is many data points. Generally speaking, only the single digit data point spikes are the real errors, so I'd say it was a super volatile open that BBP's chart shows as it has the most data points on the chart.

It looks like they've corrected the £1,900 + spike though.

Edited by MBTPSilver
Spelling errors from rushing.

Disclosure - I work in the precious metals industry, however this is my personal account and all opinions are my own.

Link to comment
Share on other sites

What if you have some gold, but not lots? Is that bood or gad?

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use