Jump to content

Bobsta

Members
  • Posts

    729
  • Joined

  • Last visited

Everything posted by Bobsta

  1. Hey folks, Just popped in for the first time since around 2011/2012.... Just wondering how active GEI is these days. How are you all doing? Bobsta
  2. I can't disagree with that decision. Doubling your money is nothing to be sniffed at, and converting PMs back into GBPs when the pound's taken (IMO) most of the beating that it's going to take... Well, I can see why you've done it. And good luck to you! I think we all remember watching Gold go to $1000+ and then all sitting there licking our wounds when it fell back to below $700. Sometimes it's time to take your winnings off the table and bank it. (I'm sure folks will warn you that your fiat will be destroyed shortly ... but I think you've actually been quite smart and conservative - good luck )
  3. But if you do want to trade gold, or would just like a bit of bearish "ying" to go with the bullish "yang" on this thread then check out Ker's Gold & Silver Swing Trading thread. I've found it helpful to have some "TA-led caution" when thinking of buying more. That thread would certainly have stopped you buying into gold at $930 last week, when you could've got a better deal today. Personally I see no possibility whatsoever of gold making the ridiculously (IMO) low lows of ~$400 being predicted. But short-term, it's sometimes useful.
  4. You're not alone. I've done the same with my tradeable gold. In fact, I know I shouldn't really admit this but as of this moment, one of my accounts is actually *short* gold in USD. Shock-horror! Still holding firm on my BV stash - I don't think I'll ever, ever, ever, ever trade/sell that. "It's my pension "
  5. Looks like Silver's trying to catch up with Gold... Just touched $11.20... Up 90c in less than 24 trading hours.
  6. Screaming buy opportunity or what?! Now where's Ker to bring some realism back into the game?!
  7. It does if you don't have 100% of your funds in gold! (although I know what you meant)
  8. Strange but untrue actually. See my other post on this. Yes, gold shows up in the FX lookup table, but so does the Zimbabwe Dollar, Afghanistan Afghani and Tonga Pa'anga - and I wouldn't expect Singapore Airlines to accept those either. Silver is also listed - basically anything with a valid currency code will show up, but only for reference, not as a form of payment. For the avoidance of all doubt, Singapore's lookup page is here
  9. Nice spot. But you can't actually pay for the ticket in gold. Payment is in USD - but they have an FX lookup page provided by OANDA so you can work out how much it is in your own currency. As gold is a currency (XAU) it shows up in the list.
  10. Right... it's make or break time now. Silver at $11.24 ... intermediate top identified by Ker at $11.20 ... Let's see how the rest of this week pans out.
  11. So... has Hugh Hendry got it wrong? Are things moving at a faster pace than he expected? Or is this just a reactionary blip in the run-up to Christmas? Interesting times. Glad I'm invested in gold. Part of me wishes more so... But part of me is expecting a pullback.
  12. I was. And I bought. And I lost a fortune! Which is why I now pick my entry and exit points carefully and don't just blindly buy and hope the stuff will appreciate. That $10.01 -> $10.40 would've been a lovely little trade. I missed it.
  13. Silver looking like it might dip below $10.00 ... Buying opp? Or further to go? Where's Ker when you need him?! (bugger - just noticed price spike from $10.01 to $10.11 in one minute!)
  14. Interesting that the much-talked-about "Pound to Euro parity so that the UK can enter the Euro" theory is now entering UK mainstream media. Apparently it was discussed on Radio 4 this morning. Front pages of quite a few newspapers this morning also reporting £1 = €1.07 Makes me sick. Should've bought far more gold a year ago!
  15. So, I *didn't* sell mine and yesterday was kicking myself reading your post whilst looking at the sub $9.80 price. We're back at $10.20ish now. Very tempting to pull the trigger and look for another dip. (BTW, we're talking PEANUTS here, I will make about enough profit to fill my car up with fuel on the way home from work tonight )
  16. Very nice call so far Marceau. Good to see your touch hasn't deserted you. I bought a little at $9.32 last week. Glad I stuck it out and dismissed all this talk of $6.60.
  17. Ker, I'm not going to belittle you. It's a braver person than me that makes bold predictions on PM price moves. At some point, though, a chart becomes "invalid". Would you say we've reached that stage? If not, when? And if so, what's your next prediction? L.
  18. I like your thinking. I was kicking myself that I hadn't picked up a load of spreadbet positions at $6.50 ... until I saw that it wasn't real. Ker clearly works for Kitco's web hosting provider. Or is a hacker.
  19. Looks like a Kitco issue to me. My spreadbetting platform carried on trading as normal - the chart shows no deviation during that timeframe. Will be interesting to see if Kitco go back and change the chart. Right now it looks like a real spike:
  20. Looking unlikely......... but I'll give it time...
  21. Just checked my GoldMoney account and my transferred funds are there, ready and waiting to be magically turned into silver. This fact alone is guaranteed to push silver to $12
  22. Pah, that's nothing. Ker reckons it'll be down $4 in one day tomorrow. (I'm paraphrasing and may be incorrect in this statement. If so, I apologize Ker)
  23. I truly hope so... I have a few more Ks of turdling in-flight in the banking system on their way to Goldmoney. Hopefully the funds will clear during Tuesday so I can buy some cut price silver. If Brown and Darling could just avoid talking down the pound this weekend so it has a mini rally on Tues that'd be even better. I don't hold out much hope though.
  24. If they maintain their regularity they're fun to trade (small stakes only). I've been repeatedly buying £1/pt of gold at $730 and selling it at $750 .... the £20 buys me lunch for a few days.
×
×
  • Create New...