Gold Monitoring Thread £ GBP only

[Gruff]

Wow that's a decent close!

Just under £62 in the week increase (or devaluation of GBP if you prefer to look at it that way)

[Gruff]

Interesting thread to read... got gold anyone?!
 

 

[bobski]

28 minutes ago, Gruff said:

Interesting thread to read... got gold anyone?!
 

 

I thought that was a gold chart! 😂😂

[Paul]

Gold has stopped going up 📈↗️ 🤯

it has flat lined

has it died ?? 

[ZRPMs]

5 minutes ago, Paul said:

Gold has stopped going up 📈↗️ 🤯

it has flat lined

has it died ?? 

 Nurse we might also need a cat scan 

[Paul]

As we can clearly see from this hyper-detailed, multi-colored graph with 12 overlapping data sets, the recent rise in gold prices can be attributed to a delicate symphony of factors that only an elite team of data analysts with 40 years of experience could possibly understand.

The black line, which is both trending upward and downward depending on which axis you're looking at, obviously correlates with the charcoal coloured squiggle—which, let's not forget, reflects the inverse sentiment of global economic volatility, adjusted for leap years.

Meanwhile, the dotted grey line (which defies all logic) represents gold’s gravitational pull on lunar tides, expertly cross-referenced with stock market jitters, weather patterns, and the collective mood of people who’ve misplaced their keys.

So, in conclusion, the price of gold is clearly skyrocketing due to reasons that are right there if you just squint hard enough

Edited Saturday at 08:08 by Paul

[MBTPSilver]

Yes a record close in all currencies. Wednesday (19:00/19:30 I think) is the big event for next week, and the most likely chance for £2,000!

[Bratnia]

3 hours ago, Gruff said:

Interesting thread to read... got gold anyone?!
 

 

Grab the US 10 year treasury yield chart for a similar period https://fred.stlouisfed.org/series/DGS10/

Invert it (price and yields are inverse correlated)

and you have a very similar line chart progression. i.e. the X linked chart of Futures prices are just a natural reflection of the historic yields (interest rates, inflation etc.)

The X charts prediction of a forward time large drop off is a pure guess that 2027/2028/2029 may see rampant inflation/high interest rates rising to similar levels as per the late 1970's/early 1980's rampant inflation/high interest rates/high inflation. And yes under such conditions the price of gold will also inflate a lot. Largely however central banks have been battling to try and fend off deflation/stagnation so that prediction could just as well be wrong and interest rates might go in the other direction, back down towards zero inflation/interest rates.

Place your bets (speculate)! Or invest (diversify to hold both stocks and gold and neither be fully right or wrong, but average - and where generally a average outcome is a good outcome).

 

[Chronos]

Me every time when gold reaches ATH:

 

[Chronos]

My sister is even wilder than me:

 

Edited Saturday at 19:11 by Chronos

[Gruff]

1 minute ago, Chronos said:

My sister is even wilder than me:

 

 

8 minutes ago, Chronos said:

Me every time when gold reaches ATH:

 

Both of you need Riltin!

[Chronos]

3 minutes ago, Gruff said:

 

Both of you need Riltin!

Ritalin?

[katyc]

1 hour ago, Chronos said:

My sister is even wilder than me:

 

Glad the intelligence runs in the family. Mine don't listen!

[James32]

Just now, katyc said:

Glad the intelligence runs in the family. Mine don't listen!

You have sisters?

[katyc]

Just now, James32 said:

You have sisters?

I do. You asking for a friend? 

[James32]

2 minutes ago, katyc said:

I do. You asking for a friend? 

No idea what you're insinuating lady. Back off I'm married. 

[Chronos]

1 minute ago, James32 said:

No idea what you're insinuating lady. Back off I'm married. 

To that inflatable doll of yours?

Doesn't count.

[Roy]

Just now, Chronos said:

To that inflatable doll of yours?

I think it's Bully's turn to use this month?

[Mysstree]

7 minutes ago, katyc said:

I do. You asking for a friend? 

Yes @treetop1280

[James32]

2 minutes ago, Chronos said:

To that inflatable doll of yours?

Doesn't count.

Melinda has feelings you know.

[James32]

8 minutes ago, katyc said:

I do. You asking for a friend? 

I'll play along. Yes for friends. 

@HerefordBullyun

@stefffana

@treetop1280

Fantastic trio to introduce to family. 

[Mysstree]

Just now, James32 said:

Melinda has feelings you know.

Adjust the vibration.

[Mysstree]

2 minutes ago, James32 said:

I'll play along. Yes for friends. 

@HerefordBullyun

@stefffana

@treetop1280

Fantastic trio to introduce to family. 

Hi honey, I’m home ….

three of your forum friends are here, I’m exhausted.

[Mysstree]

2 minutes ago, Mysstree said:

Hi honey, I’m home ….

three of your forum friends are here, I’m exhausted.

Cooking three peasant suppers takes it out of you.

[Chronos]

9 minutes ago, James32 said:

I'll play along. Yes for friends. 

@HerefordBullyun

@stefffana

@treetop1280

Fantastic trio to introduce to family. 

Are they those three geezers from retirement home that play checkers all day long? 

Edited Saturday at 21:04 by Chronos