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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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34 minutes ago, Gruff said:

If the polls are correct and Macron and the far-left have stolen the election, then this is part of the new coalitions manifesto.. I see PMs having a knee-jerk reaction to this. 100% inheritance tax over a certain threshold, what several billion€?

image.thumb.png.85305f68c84d425d138d87a6c5512aef.png

Not ideal.

But, if that's how the chips fall, bonne chance to Frenchkies. Le peuple have spoken. Don't hate the players, hate the game. 

 

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. - H.L. Mencken

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Mais oui, de l'or à la lune.

giphy.gif

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. - H.L. Mencken

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5 minutes ago, Dalriada83 said:

you want to invalidate the democratic process

on a non-binding referendum? 

A non-binding referendum is a motion adopted by a deliberative body that does not enact a law or a substantive rule. Instead, it serves to express the opinions of that body regarding a specific fact or event. Here are some key points about non-binding referendums:

Purpose and Function:

Non-binding referendums seek the opinion of voters but have no legislative effect.

They put a question to the public about an issue, allowing citizens to express their views.

However, the government retains responsibility for deciding its policy response to the result, and the legislature determines whether and how the law should change

I really don't want to talk about but man, Brexit was the Tories decision, not the people's decision.

 

More silver coins on my website  

               dancu.co.uk

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459 seats (out of 577) have been declared so far

 

Screenshot 2024-07-07 at 3.37.18 PM.png

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. - H.L. Mencken

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Well, the French PM Attal has resigned. BBC reports:

The New Popular Front (NFP), a left-wing alliance formed at the last minute to fight the election, appears to have won the most seats. But it does not have an absolute majority. This means it's still not clear who will run France.

Much will depend on the balance of power within the NFP. Its constituent groups range from social democrats to hardcore anti-capitalists. Some moderate socialists could be tempted to peel off and join Macron's group to form a centre-left government.

If no working majority can be cobbled together, then President Macron can ask the largest party to lead a minority government. Alternatively, he could appoint a technocratic government but it is unlikely to survive for long. Instability could ensue, especially as the president cannot call a fresh parliamentary election for another year.

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. - H.L. Mencken

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3 minutes ago, Dalriada83 said:

I am not sure where you are getting 'non-binding referendum' from - a referendum of the plebiscite in this country means "a direct vote by the people on a proposed law or political issue' for a direct decision  - anything else is called a 'poll' of opinion. Once a referendum has been cast any government which chose to ignore or overrule that decision in this country would trigger a social and political terrible storm of enormous proportion, regardless of party or organisational interest there would be hell to pay from: 1. House of Lords  2. Opposition MP's of any party  3. Trade Unions with an interest (which means all of them one way or another)  4. Governments of 'hostile' countries and last but not least 5. the people that voted for the motion. To bang on about the Tories 'manufacturing' the referendum is naive to say the least - Cameron was practically begging the Germans and French to throw him a bone so he could avoid it! He came down to a 2 year moratorium on immigration which he could use as an excuse not to give the British people a referendum - his reasoning would have been he 'got the concessions he demanded regarding immigration'. However the French and German Euro-politicos decided to get hard line on him, thus forcing his hand. Cameron himself campaigned for 'Remain', indeed nor really believing the result would be 'Leave' - as did many people including myself. However, so many 'Remain' voters thought it was a forgone conclusion and could not believe that anyone would seriously vote to leave the EU - they stayed in their toastie wee beds and didn't bother to vote! Goddammit! However -the result is the result - if we do not embrace it and try to make the best of our new situation in the world we are nullifying the democratic process our ancestors fought, bled and sometimes died to win for us. So please, give me a break winging about the Tories, it was a pledge in the manifesto they were elected on; it was a direct result of the inflexibility of the Eurocrats in power trying to prove they could win a pissing contest with the UK government and at the end of the day it was the will of the British people - all of them - those that didn't vote have only their own lazy arses to blame.

 

So Brexit wasn't the will of the majority? The remainers just didn't bother to vote?

I thought I'd heard it all lol

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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6 minutes ago, bobski said:

So Brexit wasn't the will of the majority? The remainers just didn't bother to vote?

I thought I'd heard it all lol

I know it sounds ridiculous but every bugger I know that moans about the result admits they didn't vote because they thought 'Remain was a foregone conclusion' - if it was legal, or my firearms couldn't be traced, I would shoot the buggers! Not because I wanted to Remain myself, but because of the sheer disrespect they showed for our grandsires struggle and suffering to win us the democratic rights we enjoy today. Perhaps their votes would have made a difference or perhaps not - but their vote would have been cast! Goddammit!

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BREXIT:

Voter turnout was 72.2%

51.9% of those that voted, voted to leave.

Therefore 37.47% of eligible people voted for Brexit.

 

2024 General election:

Voter turnout was 60%

33.8% of those that voted, voted for Labour

Therefore 20.28% of eligible people voted for Labour

 

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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2 minutes ago, Dalriada83 said:

I know it sounds ridiculous but every bugger I know that moans about the result admits they didn't vote because they thought 'Remain was a foregone conclusion' - if it was legal, or my firearms couldn't be traced, I would shoot the buggers! Not because I wanted to Remain myself, but because of the sheer disrespect they showed for our grandsires struggle and suffering to win us the democratic rights we enjoy today. Perhaps their votes would have made a difference or perhaps not - but their vote would have been cast! Goddammit!

And if you walk into any pub in a working class area, you'll have the same conversation skewed to the leave vote

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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1 minute ago, Dalriada83 said:

It's the old story - if you don't vote you don't have the right to whine! If you do vote and it doesn't go your way, you have at least earned the right to b***h about the result. I do not want to hear the winging of the 'couldn't be arsed' brigade. 

And we have no way of knowing how many of the couldn't be arsed there were on either side. We can debate things like are those with the free time on their hands more likely to be left leaning and EU fans. We can debate that your average working class labourer, factory work, night shift worker would be more likely to be right leaning and a fan of Brexit. We will never truly know, so we shouldn't cherry pick anecdotal evidence.

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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This was pretty much all of the left-wing media at the time

brexit vote piechart.jpg

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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I wonder if the same media will say anything about 20% of the people voting in Labour? Or write about the number of seats and votes Lib dems got vs the Reform party?

we need PR voting.jpg

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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I got that info before the 5th reform seat was announced

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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14 minutes ago, Dalriada83 said:

It's the old story - if you don't vote you don't have the right to whine! If you do vote and it doesn't go your way, you have at least earned the right to b***h about the result. I do not want to hear the winging of the 'couldn't be arsed' brigade. 

If you participate you are part of the problem. Just a thought.

"It might make sense just to get some in case it catches on"  - Satoshi Nakamoto 2009

"Its going to Zero" - Peter Schiff 2013

"$1,000,000,000 by 2050"  - Fidelity 2024

 

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Current Price

£1,865.00

Live Change

-0.03% £-0.42

Live high £1,865.94

 

Live low £1,864.90

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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