Gold Monitoring Thread £ GBP only

[Happypanda88]

3 hours ago, Stacktastic said:

Im not taking that too seriously as i have heard a number of normal people mention that.
We shall see, but the 24th is a Saturday & nothing happens on a weekend!

Didn't banks in Cyprus closed over a weekend in 2015 and didn't re-open for several weeks ?

Cash withdrawals were restricted and those accounts with €100k + deposit were frozen. There were long queues as people tried to take their money out.  Some depositors were given a hair cut, effectively a bail-in.

So I wouldn't bet on it. 

Edited September 21, 2022 by Happypanda88

[LemmyMcGregor]

31 minutes ago, Happypanda88 said:

Didn't banks in Cyprus closed over a weekend in 2015 and didn't re-open for several weeks ?

Cash withdrawals were restricted and those accounts with €100k + deposit were frozen. There were long queues as people tried to take their money out.  Some depositors were given a hair cut, effectively a bail-in.

So I wouldn't bet on it. 

I was watching earlier an interview to a woman that robbed her bank at gun point because they wouldn't let withdraw her money, this is in Libanon, where they are experiencing high inflation.

Done a quick google search and come up with this article.

https://www.indiatimes.com/trending/human-interest/lebanese-woman-holds-bank-at-gunpoint-to-withdraw-money-579701.html

[Happypanda88]

1 hour ago, LemmyMcGregor said:

I was watching earlier an interview to a woman that robbed her bank at gun point because they wouldn't let withdraw her money, this is in Libanon, where they are experiencing high inflation.

Done a quick google search and come up with this article.

https://www.indiatimes.com/trending/human-interest/lebanese-woman-holds-bank-at-gunpoint-to-withdraw-money-579701.html

Imagine when "robbers" all go into the bank at the same time, they will still need to queue up and take turn to rob the bank of their own cash. 😅

[Stacktastic]

7 hours ago, LemmyMcGregor said:

I was watching earlier an interview to a woman that robbed her bank at gun point because they wouldn't let withdraw her money, this is in Libanon, where they are experiencing high inflation.

Done a quick google search and come up with this article.

https://www.indiatimes.com/trending/human-interest/lebanese-woman-holds-bank-at-gunpoint-to-withdraw-money-579701.html

I remember saying to my neighbour about this sort of thing 12 years ago & mentioned possible civil war, he looked at me like i was crazy, but its quickly looking like i am a genius.  History repeats & humans forget far too quickly, judging by the move from lockdowns & masks to adopting a Ukranian family in the space of 2 weeks.  I almost bought 5kg of silver today, but did not realise it was cash only, but I have very little money in fiat anyway. 

Banks do own your 'money' and can without being even questioned take it. Building societies are following suite. 

I have spent a few hours trying to get my head around this potential 'event' at the weekend & what it will mean. 
After 2020 I can believe that such a thing is possible now, but it does not feel right to buy XRP or anything for that matter. 
It feel fundamentally wrong, which is why I have never got into crypto, well I did, then sold it all.
Bizarre, but I also have the FOMO stuff so I am a bit split.

I have enough physical & by all accounts this is part of a larger quantum shift in our collective reality where greed & stuff has no place anyway. 
My brain hurts.  

Edited September 21, 2022 by Stacktastic

[HerefordBullyun]

2 minutes ago, Stacktastic said:

I remember saying to my neighbour about this sort of thing years ago & mentioned civil war, he looked at me like i was crazy, but its quickly looking like i am a genius.  
History repeats & humans forget far too quickly, judging by the move from lockdowns & masks to adopting a Ukranian family in the space of 2 weeks.  

Give a man a gun he can rob a bank.

Give a man a bank and he can rob the world!

[Bars]

13 minutes ago, HerefordBullyun said:

Give a man a gun he can rob a bank.

Give a man a bank and he can rob the world!

 

18 minutes ago, Stacktastic said:

I remember saying to my neighbour about this sort of thing 12 years ago & mentioned possible civil war, he looked at me like i was crazy, but its quickly looking like i am a genius.  
History repeats & humans forget far too quickly, judging by the move from lockdowns & masks to adopting a Ukranian family in the space of 2 weeks.  
I almost bought 5kg of silver today, but did not realise it was cash only, but I have very little money in fiat anyway. 

Banks do own your 'money' and can without being even questioned take it. Building societies are following suite. 

I have spent a few hours trying to get my head around this potential 'event' at the weekend & what it will mean. 
After 2020 I can believe that such a thing is possible now, but it does not feel right to buy XRP or anything for that matter. 
It feel fundamentally wrong, which is why I have never got into crypto, well I did, then sold it all.
Bizarre, but I also have the FOMO stuff so I am a bit split.

I have enough physical & by all accounts this is part of a larger quantum shift in our collective reality where greed & stuff has no place anyway. 
My brain hurts.  

Take a break LOL

Whoops double tag 

[gji25]

Most of these finacial so called experts are talking out of there ( / )

[Happypanda88]

So why has the price of gold gone up so much in recent months  !?

The chart says it all really. But at least it rebounded up 0.06% in the last few minutes 😁 

 

 

[gji25]

Dont get me wrong. Gold and Silver is (especaily gold)  still worth the investment. Then again i am no financial expert so am i also talking out of my ( / ) 😄

Edited September 22, 2022 by gji25
typo

[gji25]

Its a bit like a gambler. you only hear them speak of the times they won. Very rarely do they tell you about the times they lost 😐

Any investment is a gamble

Edited September 22, 2022 by gji25
added

[Silverlocks]

( Y ) G-string

( * ) Silver going to the moon

( ˇ ) Builder

( ΅ ) Tramp stamp

(   Y   ) American

Edited September 22, 2022 by Silverlocks

[Happypanda88]

2 hours ago, Silverlocks said:

( Y ) G-string

( * )  Silver going to the moon

( ˇ ) Builder

( ΅ ) Tramp stamp

(   Y   ) American

 

(   Y   )   ( ˇ )    ( Y )   ( ΅ )  ( * )

 

Translated:   American Builder in G-string Tramp stamp Silver going to the moon

😎

[Uksilverstackers]

19 hours ago, sixgun said:

It was very difficult to get the gold price under control but we have now succeeded.  The US Fed was very active in getting the gold price down.  So was the U.K.’

Yep, and they have really kept Gold price down in GBP 😂

 

Edited September 22, 2022 by Uksilverstackers

[Silverlocks]

1 hour ago, Happypanda88 said:

 

(   Y   )   ( ˇ )    ( Y )   ( ΅ )  ( * )

 

Translated:   American Builder in G-string Tramp stamp Silver going to the moon

😎

Well, there's also: ( o ) Goatse.

[Minimalist]

On 21/09/2022 at 05:05, SidS said:

The fact that they're saying gold is useless makes me think the exact opposite

Correct

Anti-Metal propaganda; Buy Signal

Pro-Metal propaganda; Sell Signal

Simple as that.

[Lyrinn]

£1,500/oz by the end of the day?

What say you, mighty Oracle, while on your noble steed? @Paul

[flyingveepixie]

19 minutes ago, Lyrinn said:

£1,500/oz by the end of the day?

What say you, mighty Oracle, while on your noble steed? @Paul

What's driving it today then..?   The pound is way down against the dollar this morning.... 

Edited September 23, 2022 by flyingveepixie

[Paul]

46 minutes ago, Lyrinn said:

£1,500/oz by the end of the day?

What say you, mighty Oracle, while on your noble steed? @Paul

To da'mooooooooooooooon!! 

[Goldfever20]

58 minutes ago, flyingveepixie said:

What's driving it today then..?   The pound is way down against the dollar this morning.... 

The dollar is up again, strong like a bull 😅

[Lyrinn]

1 hour ago, flyingveepixie said:

What's driving it today then..?   The pound is way down against the dollar this morning.... 

It makes no logical sense to me - I just consult the Oracle.  

[Paul]

1 hour ago, flyingveepixie said:

What's driving it today then..?   The pound is way down against the dollar this morning.... 

The medias favourite "Dr Evil" Putin shenanigans and finger supposedly over the nuke button  ??

[HerefordBullyun]

2 minutes ago, Paul said:

The medias favourite "Dr Evil" Putin shenanigans and finger supposedly over the nuke button  ??

Kwartengs mini budget is the reason. money printer go brrrrrrrrrrrr

 

[Paul]

Ah the good old magic money tree to the rescue 

 

[sixgun]

49 minutes ago, Goldfever20 said:

The dollar is up again, strong like a bull 😅

Of course the USD isn't strong, it's just not as weak. 

[Paul]

9 minutes ago, sixgun said:

Of course the USD isn't strong, it's just not as weak. 

the leper with the most fingers left