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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: 

 

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Just now, MrStacker said:

Another all time high! It's not slowing down!

Don't jinx it!!

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

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9 minutes ago, apachebleu said:

 I approve.

 It feels weird to see such a surge in gold price over the last year, I'm not economist but is this just speculators speculating and pushing up the price ala crypto, NFT's etc. And we are about to come back down with a bump?

 It does feel as though the other option is people are very worried about the current financial state and preparing for the worst such as war, a major power defaulting on loans, collapse of a major currency etc. 

 

I feel there are many things at play globally and nationally that will lead to this. Not just one country...it'll effect the world. Currency reset is definitely happening. Buy now what you can and hold on to it.

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Live Gold Price

Au

Current Price

£2,082.04

Live Change

0.09% £+1.79

Live high £2,082.04

 

Live low £2,079.83

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

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Just now, 20JMK20 said:

18th of October 2024.... 03:27

I'm off to bed. £2,100 when I wake up? 

Screenshot (1827).png

wind your watch 8 minutes forward, and sleep well

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

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9 minutes ago, modofantasma said:

"Only" another 10% or so for 3k

At quick glance, roughly 60 days for price to gain approx 10%... Big IF, it did the same again that would be nibbling at $3k by year end

Edited by modofantasma
Smelling mistake
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Could we see £2100/oz today

Gold is acting like BTC at the moment with the rocketing up of the price

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/

 

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