Gold Monitoring Thread £ GBP only

[James32]

🎶 drop it like it's hot 🎶 

[9x883]

Just now, James32 said:

🎶 drop it like it's hot 🎶 

Could be worse:

[BLOOMMAN101]

16 minutes ago, goluckystayhappy said:

I thought gold was meant to be a safe haven asset.

[Gruff]

39 minutes ago, Tn21 said:

Had a brief look at the dealers website. The drop in spot has not really reflected on their prices 

Price gouging by retailers then.. not surprising. Although they should be hedged to prevent losses

[Brit2023]

21 minutes ago, goluckystayhappy said:

I thought gold was meant to be a safe haven asset.

Pile back into safe assets quick.

[Bratnia]

21 minutes ago, goluckystayhappy said:

I thought gold was meant to be a safe haven asset.

Safe : resilient to damage. Haven : Port/harbour

Yep, even if your boat sinks in the harbour the gold is unlikely to be damaged beyond repair.

[KRO]

25 minutes ago, goluckystayhappy said:

I thought gold was meant to be a safe haven asset.

 

23 minutes ago, Spyder said:

Nothing to panic about. Spot is where it was two or three weeks ago. When there is blood on the carpet, back up the truck if it goes back under £1600. Waiting for £380 sovereign again

Trouble is these youngsters have never witnessed a proper stock market crash
and its not even a crash yet, DOW down 3%, S&P down 4%, the circuit breakers don't even kick in till -7%
and in any large stock market fall gold always gets sold at first to cover other losses, but it soon recovers

[AuricGoldfinger]

Stocks obliterated.

Gold obliterated.

FML

[Darr3nG]

1 minute ago, AuricGoldfinger said:

Stocks obliterated.

Gold obliterated.

FML

Did you plan to sell today?

[James32]

1 minute ago, Darr3nG said:

Did you plan to sell today?

He might not of but I did. So FHL twice

Edited August 5 by James32

[bluemoon]

Not the least bit worried. Slightly annoyed that the spread bet bucket shops closed my positions though.

[Paul]

1 hour ago, gji25 said:

Buy Buy Buy

Sell sell sell 

[VGfine]

17 minutes ago, AuricGoldfinger said:

Stocks obliterated.

Gold obliterated.

FML

Alternatively, Stocks & Gold currently have a SALE on!!!!

(gotta be a glass half full person)

😉

 

 

[BLOOMMAN101]

  buy sell buy sell buy sell buy sell buy sell buy sell

[jultorsk]

[AuricGoldfinger]

30 minutes ago, VGfine said:

Alternatively, Stocks & Gold currently have a SALE on!!!!

(gotta be a glass half full person)

😉

 

 

I feel like ive been glassed

[VGfine]

More mainstream media nonsense, they love it when people are frightened, riots, wars, stock market collapse, this is food for them, they need you to be frightened and clicking on their “stories”

Prices go down, they also go up, the world still goes round the sun.

On Friday they said Apple beat earning forecasts! Apple up!

3 days later they say Apple stocks are down 7% because Warren Buffet sold his shares! 
 

Anyway, as soon as Hezbollah and their friends start firing more rockets gold will be up. 😆

[BLOOMMAN101]

creeping up

[katyc]

[bluemoon]

It's not even down that much.

[jultorsk]

Sound on. 

 

[Chronos]

[Chronos]

Nomura Exposes "The Ugly Truth", Warns Dip-Buyers "VVIX Never Lies... We Aren't Done Yet":

https://archive.is/llLei

[Chronos]

Iran Says It Must 'Punish' Israel, Begins Clearing Airspace:

https://www.zerohedge.com/geopolitical/iran-says-it-must-punish-israel-wont-be-dissuaded-biden-hold-situation-room-meeting

[Chronos]

Magnificent 7 stocks on track to lose $500 billion in market cap:

https://finance.yahoo.com/news/nvidia-shares-tank-as-magnificent-7-stocks-on-track-to-lose-500-billion-in-market-cap-153646035.html