Gold Monitoring Thread £ GBP only

[HerefordBullyun]

9 hours ago, katyc said:

Reported for taking pictures of me without my consent when I'd clearly been on the beans that day...

[MrStacker]

For those who haven’t purchased in a while like me or have waited for a slight dip…well the time has arrived.

Buy the DIP! ✅

I doubt we’ll see the gold price at low levels for much longer. 

Buy now or cry later! 🤣
 

Edited August 22 by MrStacker

[BLOOMMAN101]

[Zhorro]

So, anyone got an explanation for today's fall in the price of gold??

[Chronos]

'Soft Landing Scenario Less Convincing': US Manufacturing PMI Plunges To 8-Mo Lows:

https://www.zerohedge.com/economics/soft-landing-scenario-less-convincing-us-manufacturing-pmi-plunges-8-mo-lows

[Bratnia]

8 hours ago, HerefordBullyun said:

Read currency wars by james rickards....its all relevant. Every fiat currency is like watching a bald man fight over a comb.... it's like saying I'm the best but actually none really are when the world reserve currency has no sustainable tangible asset behind it. There are 4 cycles in life. We are now at the 4th turning. Theres books on this .... it's a case of thrive and survive or get fcked by the system which governments want CBDCS... war, media, pandemics are all a lever. Control. I had a conversation with my bro in law who thinks I am mad saying the world is controlled not by the government but a monolithic cartel of people which is embedded in society. Whereas JFK was murdered after the actual speech... many jackals have taken out people if they dont play ball..

Listen carefully this is in the 60s do you think its changed.. 

 

Fiat is largely optional. If you accept being paid in pieces of paper or a digital number in a fiat currency bank account ... your choice. Being directly paid instead in tangible assets involves risk, transporting gold/whatever to places of employment to be handed out as wages on a Friday afternoon risks robbers. For money you have no need to immediately spend convert it to non fiat. If in January 2015 you were paid $1000 in 50/50 BRK-B shares and gold and left that aside, then recently that buys the equivalent of $1850 in US debased fiat (inflation adjusted) terms, $2500 in nominal terms. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=5rGxfLrhuFbRIZcxxWc0OZ

[James32]

6 minutes ago, Zhorro said:

So, anyone got an explanation for today's fall in the price of gold??

Quite simple, I bought yesterday. 

this is not a conspiracy..it's factual. 

[James32]

Hello Wales 

[ZRPMs]

16 minutes ago, James32 said:

23 minutes ago, Zhorro said:

So, anyone got an explanation for today's fall in the price of gold??

Quite simple, I bought yesterday. 

this is not a conspiracy..it's factual. 

Sadly, so did I, and as if to rub salt in the wound. Atkinson's have sent me an email to tell me to buy the dip.

[Dankanugget]

Pants

Just now, Dankanugget said:

Pants

Me too 

[Gruff]

19 minutes ago, James32 said:

Quite simple, I bought yesterday. 

this is not a conspiracy..it's factual. 

Could you have not bought more, so that the price fall is bigger enabling us to buy in a decent price point?!

[James32]

7 minutes ago, ZRPMs said:

Sadly, so did I, and as if to rub salt in the wound. Atkinson's have sent me an email to tell me to buy the dip.

I got that too, b#stards

5 minutes ago, Gruff said:

Could you have not bought more, so that the price fall is bigger enabling us to buy in a decent price point?!

Gold is for men, stick you to silver animals. 

Edited August 22 by James32

[Gruff]

2 minutes ago, James32 said:

I got that too, b#stards

Gold I'd for men, stick you to silver animals. 

Alright grumpy... 

Snow white ignoring you?

[Dankanugget]

Dips over back to work 

[ZRPMs]

12 minutes ago, Dankanugget said:

Dips over back to work 

You're having a laugh. It hasn't stopped dropping. We're with in shouting distance of £400 an ounce. All hail Wonga 

[HerefordBullyun]

Apparently I saw in the news that trump will keep interest rates at 4.5% if he wins the vote it's in ZH today

[HerefordBullyun]

https://www.zerohedge.com/markets/if-trump-wins-fed-will-stop-cutting-450

 

[Spyder]

What is also playing on the downside for gold is the strength of the £ to $. Had it stayed at $1.25, £2000 oz would have been reached last week

[silverin]

I've just made my first purchase since 2016, further drops await! 😂

Edited August 22 by silverin

[Chronos]

1 hour ago, James32 said:

I got that too, b#stards

Gold is for men, stick you to silver animals. 

Reported for mentioning s****r.

Reported twice for insulting forum users.

Edited August 22 by Chronos

[Paul]

Who broke gold ??

I go away for a few days and prices goes chesticles-up

Honestly, you lot couldnt be trusted to run a bath, let alone a multi billion $ precious metals market 

I'm selling up everything once I'm home and going back to silver instead

[Chronos]

1 minute ago, Paul said:

I'm selling up everything once I'm home and going back to silver instead

Reported.

[Chronos]

3 minutes ago, Paul said:

I'm selling up everything once I'm home and going back to silver instead

James32 went all in on s****r so you are going to be in a good company ...

[BLOOMMAN101]

[JamesH]

Sovereign spot price around the £446 mark. Not exactly heading towards bankruptcy 🤣