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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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Just now, MrStacker said:

The increase in pace has started. We’re in for a ride ladies and gentlemen. Good day to you all! 

Be careful it's a bull trap...

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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9 hours ago, Dom said:

I'm still not paying council tax mate. Like I said before I got 4.5k back by doing a direct debit indemnity claim with my bank. Of course the council just sent a bill for 4.5k which I ignored. This was last May/June. Fast forward to this April and I get a bill for council tax saying I owe £1600. So I'm already quids in even if I decide to pay their latest bill of £1600. Which I won't might I add, they can suck on my left testicle. 

I don't pay gas or electric either. Didn't stop E.on using a fake warrant and police assistance to remove my meters and fit smart meters. I'm now going to sue E.on and get roughly 4k compensation for using a fraudulent instrument. Suing the police as well for aiding and abetting the theft of my car by 'bailiffs' using again a fake warrant last November. Should be another 4k compensation there lol. 

Speak for yourself but I'm not a sheep and they can take my house after they kill me and pry it from my cold dead hands. 

How much are you willing to take in order to fight these b******s hell bent on destroying our country? Might you take action when your gas and electric bills double, triple or quadruple? Everyone has their decisions to make but the fact is they're coming for each and everyone of us wether you pay your bills or not. "You will own nothing and be happy". 

A quick comment because this is the wrong thread.

Why don't you pay council tax? Are you not getting council services for free in that case?

Why are you not paying for gas and electric? They are not free. Perhaps you could run an extension lead to your pensioner neighbour who is struggling with heat or eat and provide them with free services? Cook them a hot meal on your free-electric-gas hob?

Run them a hot bath and invite them over for a soak?

You are antisocial. You choose to be a part of society only when it suits you. Grow up and pay your bills.

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live, and It's  Britannia, with one t and two n's.

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42 minutes ago, Roy said:

A quick comment because this is the wrong thread.

Why don't you pay council tax? Are you not getting council services for free in that case?

Why are you not paying for gas and electric? They are not free. Perhaps you could run an extension lead to your pensioner neighbour who is struggling with heat or eat and provide them with free services? Cook them a hot meal on your free-electric-gas hob?

Run them a hot bath and invite them over for a soak?

You are antisocial. You choose to be a part of society only when it suits you. Grow up and pay your bills.

Lol. 😂   I remember a case many years ago when I was talking to a customer who couldn't understand why his electricity bills were so high.  On investigation it was eventually found that the chinese restaurant next door had sneakily tapped in to his supply at a point before he had moved in when the house was empty and they had free access.

I do remember reading somewhere about the free gas and leccy scenario which existed many decades ago - maybe as long as 100 years ago - and metering being introduced at a later date for the reasons given above, so there is definitely something in that and maybe @Dom has a fair point, but doubtless the law will have been changed to suit by now.  And then there is the question of contract law, which as I understand it comes into effect when you agree to pay a recurring bill you have received and make the first payment, at which point you enter into a contract with the issuer, even if there is no paperwork or signature.  Very complicated and I again suggest a separate thread to discuss this in detail but that's up to @Dom as he is the expert. 

Gold at £1931.27 and still trending upwards.

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57 minutes ago, Roy said:

You choose to be a part of society only when it suits you

The social contract never made it through my letter box Roy. Just saying there isn't a choice really.

Liberalism is one big contradiction, how to tolerate the intolerant!

Gold doing well 🙂

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11 minutes ago, AndrewSL76 said:

Looking like a good day. I predict that gold will end up somewhere between wonga’s predicted £400 an ounce and £3,500 an ounce. I’m like the delivery man, the gas man, the spark. I’ll be there between 8am and 7pm, mate. 

You are clearer and more on point with your gold predictions  than Andrew Maguire is on silver 

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12 hours ago, Dom said:

I'm still not paying council tax mate. Like I said before I got 4.5k back by doing a direct debit indemnity claim with my bank. Of course the council just sent a bill for 4.5k which I ignored. This was last May/June. Fast forward to this April and I get a bill for council tax saying I owe £1600. So I'm already quids in even if I decide to pay their latest bill of £1600. Which I won't might I add, they can suck on my left testicle. 

I don't pay gas or electric either. Didn't stop E.on using a fake warrant and police assistance to remove my meters and fit smart meters. I'm now going to sue E.on and get roughly 4k compensation for using a fraudulent instrument. Suing the police as well for aiding and abetting the theft of my car by 'bailiffs' using again a fake warrant last November. Should be another 4k compensation there lol. 

Speak for yourself but I'm not a sheep and they can take my house after they kill me and pry it from my cold dead hands. 

How much are you willing to take in order to fight these b******s hell bent on destroying our country? Might you take action when your gas and electric bills double, triple or quadruple? Everyone has their decisions to make but the fact is they're coming for each and everyone of us wether you pay your bills or not. "You will own nothing and be happy". 

Please can you ping me when you’re next selling anything on the forum? You are ok to send first, right? 

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3 minutes ago, AndrewSL76 said:

I’ll still be buying then. More to do with my age and retirement than anything, I think. I have another 20 years in me. Where will gold be in 2044?

Me to. Same boat  

£5000-£6000oz maybe by then ??? 

 

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5 minutes ago, AndrewSL76 said:

I’ll still be buying then. More to do with my age and retirement than anything, I think. I have another 20 years in me. Where will gold be in 2044?

Out of interest and for a bit of ***** and giggles what do you think it will be at? I still have another 20-25 till early retirement age. 

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1 minute ago, Paul said:

Me to. Same boat  

£5000-£6000oz maybe by then ??? 

 

That would be nice. Anything over 3k would be nice to be honest. Part of me hopes for some stability in the price in the years ahead as at least that would indicate stability in the world. Far as I am concerned the bullion I am stacking and not selling is long term and so gradual slow rise works for me. I can have fun collecting/buying and selling proofs and graded in the meantime. 

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3 minutes ago, Andygst said:

Out of interest and for a bit of ***** and giggles what do you think it will be at? I still have another 20-25 till early retirement age. 

I have no idea. Neither does ChatGPT but I asked anyway:

Given the uncertainties and based on historical trends, a ballpark estimate for the price of gold in 2044 could range anywhere from £3,000 to £10,000 per ounce. This wide range reflects various possible scenarios:

  • Lower End (~£3,000 - £5,000 per ounce): Stable global economic growth, moderate inflation, and no major geopolitical crises or significant shifts in central bank policies.
  • Middle Range (~£5,000 - £7,000 per ounce): Moderate inflationary pressures, occasional geopolitical instability, and a steady demand for gold as a hedge.
  • Higher End (~£7,000 - £10,000 per ounce or more): High inflation, severe economic crises, significant geopolitical events, or a substantial increase in demand for gold as a safe-haven asset.
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Just now, AndrewSL76 said:

I have no idea. Neither does ChatGPT but I asked anyway:

Given the uncertainties and based on historical trends, a ballpark estimate for the price of gold in 2044 could range anywhere from £3,000 to £10,000 per ounce. This wide range reflects various possible scenarios:

  • Lower End (~£3,000 - £5,000 per ounce): Stable global economic growth, moderate inflation, and no major geopolitical crises or significant shifts in central bank policies.
  • Middle Range (~£5,000 - £7,000 per ounce): Moderate inflationary pressures, occasional geopolitical instability, and a steady demand for gold as a hedge.
  • Higher End (~£7,000 - £10,000 per ounce or more): High inflation, severe economic crises, significant geopolitical events, or a substantial increase in demand for gold as a safe-haven asset.

Brilliant. So I'll have either made a few quid or be a millionaire. One of the 2. 

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15 minutes ago, AndrewSL76 said:

I’ll still be buying then. More to do with my age and retirement than anything, I think. I have another 20 years in me. Where will gold be in 2044?

more important where will you be mate?

I'm alright, Jack, Keep your hands off of my stack

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5 minutes ago, AndrewSL76 said:
12 minutes ago, Paul said:

Who's selling up and cashing out when we hit £2000oz ??? Anyone ? 

I’ll still be buying then. More to do with my age and retirement than anything, I think. I have another 20 years in me. Where will gold be in 2044?

It's quite a serious question really, When do you cash out? Not that folk want to know but poor health took me out when I was 36. I've coasted along to my 50's now. I'm still buying and adding to the collection but now in my mind I've become quite attached to my stack as I now each Item I add becomes part of the whole collection. I think this is what they call gold fever or Dragons Lust. At some point I'll most likely need to sell, but it'll be a big transition for me I think. Most likely the plan will be to sell small amounts occasionally. As and when I need to release some funds. Keeping it in the golden form for as long as I can till I get my Oak over coat and the kid's will sell it all for 60% of spot down at the local cash generator's

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7 minutes ago, ZRPMs said:

It's quite a serious question really, When do you cash out? Not that folk want to know but poor health took me out when I was 36. I've coasted along to my 50's now. I'm still buying and adding to the collection but now in my mind I've become quite attached to my stack as I now each Item I add becomes part of the whole collection. I think this is what they call gold fever or Dragons Lust. At some point I'll most likely need to sell, but it'll be a big transition for me I think. Most likely the plan will be to sell small amounts occasionally. As and when I need to release some funds. Keeping it in the golden form for as long as I can till I get my Oak over coat and the kid's will sell it all for 60% of spot down at the local cash generator's

Suppose that's the dream. Work hard to afford the retirement then just cash out the gold bits at a time later on to fund the holidays/experiences whilst leaving some for the kids to **** up. 

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