Gold Monitoring Thread £ GBP only

[gji25]

1 hour ago, Paul said:

£1952 ......  Any minute now, crack out the asti spu-manty

 

[Dankanugget]

22 minutes ago, Petra said:

Are you a knight Templar 🤔

Royston has a cave built by the templers around the 13th century

[Stuntman]

11 hours ago, Paul said:

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

I've had a limit sell order on a couple of ounces worth in my gold ETF for the last 3 months, which will kick in when gold gets to just under £1960.  Maybe it gets executed tomorrow!

[Chronos]

2 minutes ago, Stuntman said:

on a couple of ounces worth

Reported gor bragging.

[Petra]

18 minutes ago, Dankanugget said:

Royston has a cave built by the templers around the 13th century

🤔🤔😮

[gji25]

18 minutes ago, Stuntman said:

I've had a limit sell order on a couple of ounces worth in my gold ETF for the last 3 months, which will kick in when gold gets to just under £1960.  Maybe it gets executed tomorrow!

why cash in at £1960 when you could be cashing in at £3000

[CaptCaveMan]

4 minutes ago, gji25 said:

why cash in at £1960 when you could be cashing in at £3000

Why cash in… a generational thing

[Zhorro]

I think we have just had an ATH closing figure:

[bobski]

4 minutes ago, Zhorro said:

I think we have just had an ATH closing figure:

Yep!!

Came here here to say this lol

[Bratnia]

5 hours ago, Gruff said:

Did it hit an ATH in GBP then earlier? 

Not in RPI inflation adjusted terms

 

6th August 2020 Gold pm fix 1569.59
https://www.lbma.org.uk/prices-and-data/precious-metal-prices#/table

 

End of July 2020 RPI index 1160.6
https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/cdko/mm23

 

End of July 2024 RPI index 1528.7

So £2067.4/oz to breach the RPI inflation adjusted 6th August 2020 price

Or put another way, at £1950/oz that buys 5.7% less in inflation adjusted terms than on the 6th August 2020

[Lyrinn]

With gold at £1,952 at time of writing and possibly going to £2,000/oz by this time next week, I think the real question is this. @James32, are you still stuck in the millionaire club, or have you ascended to the billionaire club yet?

[bobski]

Live Gold Price

Au

Current Price

£1,954.11

Live Change

-0.04% £-0.73

Live high £1,955.16

 

Live low £1,954.11

[Chronos]

Endgame: Interest On US Debt Surpasses $1 Trillion For First Time Ever, Exploding August Budget Deficit To Record High:

https://www.zerohedge.com/markets/endgame-interest-us-debt-surpasses-1-trillion-first-time-ever-exploding-august-budget

[Gruff]

Interesting to see where this will end the week on. I can see gold getting stronger from here, if the Central Banks are cutting rates

[bobski]

Just now, Gruff said:

Interesting to see where this will end the week on. I can see gold getting stronger from here, if the Central Banks are cutting rates

I'm considering selling a 1oz gold KCIII Britannia at the moment. Might hold off for a week. Let things settle

[JohnyBGold]

10 hours ago, Gruff said:

And this is why the push for digitalIDs to get on line and to be able to track people like us.

If it does it will likely happen via the good old problem, reaction, solution method. Still work wonders nearly 100 years later.

[bobski]

Just now, JohnyBGold said:

If it does it will likely happen via the good old problem, reaction, solution method. Still work wonders nearly 100 years later.

https://www.youtube.com/live/xsO4u00L2YY?si=N-WDNC7P8As_6jko

My Officers CANNOT Work With You FILMING 👀👮🏽‍♀️👥📸❌ (youtube.com)

[Gruff]

7 minutes ago, JohnyBGold said:

If it does it will likely happen via the good old problem, reaction, solution method. Still work wonders nearly 100 years later.

100%, it's a well rehearsed and implemented method. Once they co-opted education, it was a shoe-in for control. Nudge from young

[bobski]

It's all crafted. Nothing happens by chance, if it leads to government overreach 

[bobski]

Current Price

£1,955.44

Live Change

0.04% £+0.72

Live high £1,955.44

 

Live low £1,954.12

[Roy]

17 minutes ago, bobski said:

I'm considering selling a 1oz gold KCIII Britannia at the moment. Might hold off for a week. Let things settle

Don't do it Bob.

Gold hasn't gone up, the £ has fallen.

£1955 will not be worth the same next year.

[bobski]

Just now, Roy said:

Don't do it Bob.

Gold hasn't gone up, the £ has fallen.

£1955 will not be worth the same next year.

SELL GOLD BRITANNIA

spend it on silver

sell silver

buy more silver

sell silver

buy more silver

sell silver

buy more silver

sell silver

buy more silver

sell silver

buy more silver

sell silver

buy more silver

sell silver

BUY 2 GOLD BRITANNIAS

[Roy]

Just now, bobski said:

SELL GOLD BRITANNIA

spend it on silver

sell silver

buy more silver

sell silver

buy more silver

sell silver

buy more silver

sell silver

buy more silver

sell silver

buy more silver

sell silver

buy more silver

sell silver

BUY 2 GOLD BRITANNIAS

🥹

Gold is the money of kings, silver is the money of gentlemen

[bobski]

Just now, Roy said:

🥹

Do I need some sort of emoji update?

[Roy]

I bought gold @ £800 and sold it @ £1000.

How clever was I? 😊

Wait, now it's £1955...