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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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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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8 minutes ago, James32 said:

£1941 weeeeeeeeeeeeeeeeeee

What happened there..?  It was falling steadily then suddenly shot back up again..🤔

That puts it not far off the ATH now.  I have £1954.62 as the ATH which occurred briefly on 12th April at 16.04

Edited by flyingveepixie
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Whatever happened to August being the month that gold goes down or at least takes a breather! I'm gonna have to join the commoners on the S***** thread instead if this carries on 😲

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4 minutes ago, Dom said:

Whatever happened to August being the month that gold goes down or at least takes a breather! .... 😲

Maybe this is.... Maybe it's not though and it could just tank from here on for a decade. Wouldn't put any money in or out based on the calendar month though personally 

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Just now, Wilsonl01 said:

The problem is… I haven’t got enough gold to be celebrating yet so it’s almost worse as the price goes up😂😭 I want a stack like @James32 has! I want a lambooo

If there's a severe crash ahead, there will be a sell off of everything (including gold) so you may get a time slot of a few months where there's a great buying opportunity. But there's no way of knowing if history will repeat (however it always rhymes, as they say!)

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3 minutes ago, Wilsonl01 said:

The problem is… I haven’t got enough gold to be celebrating yet so it’s almost worse as the price goes up😂😭 I want a stack like @James32 has! I want a lambooo

You'll have to make do with the same lambo as the rest of us:

image.jpeg.ae0a0330ca50e0447d388b1f681c7239.jpeg image.jpeg.a04eb35e0ba50d98b059968b5b40726e.jpeg

 

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1 minute ago, katyc said:

If there's a severe crash ahead, there will be a sell off of everything (including gold) so you may get a time slot of a few months where there's a great buying opportunity. But there's no way of knowing if history will repeat (however it always rhymes, as they say!)

I just buy every month, wether it’s up or down I’m in it for the long run so dips or highs don’t bother me as much

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