creditcrunch

Glad you agree. I loaded up again yesterday afternoon.

Me too, just this morning, before the rocket launch.

More media attention!

http://www.telegraph.co.uk/finance/persona...rates-fall.html

It did hit $1000 today.

http://www.bloomberg.com/apps/news?pid=206...&refer=home

Doubt it. If they could've smacked it, they would have done so long before we got so close to a grand, methinks. Having said that, there could be a few sell stops out there given the psychological figure and after what happened last March.

I remember my first coin. £490 (including commission) --- I wish I borrowed money to buy more gold back then... seems really cheap now that its £697 ( excluding commission) - but still, i am afraid to borrow to buy at this level, which may seem cheap next year.

I have to say a big thank you to being educated in the ways of gold, as I already have made a very nice return - on such a small stash.

http://www.telegraph.co.uk/finance/4682554...ank-crisis.html

Gold hits record against euro on fear of Zimbabwean-style response to bank crisis

Gold has surged to an all-time high against the euro, sterling, and a string of Asian currencies on mounting concerns that global authorities are embarking on a "Zimbabwe-style" debasement of the international monetary system.

Got my first Britannia today, one of those fresh 2009 ones.

Much nicer coin than the Krugerrand and only £10 more expensive! And CGT free - why did I not start buying these in the first place?

ATS - Bullion... again, I felt inadequate buying my 1 oz, while waiting behind a bulk buyer, boy people are really putting all their money in

gold! And some people have loads of it.

okay... i have been buying gold now for a while.. and I am in profit, and have a nice little stash. But

http://goldprice.org/30-year-gold-price-history.html

Anyone else nervous looking at these charts?

The only currency that looks like its still got a way to climb is the Yen.

No-one on here tonight worried about today's plunge? What are views? Just a timely correction or the start of a tradeable move down? [P.S. I know some of you on here don't think there is any sense in trading PMs so you needn't tell me again]

no... not worried. I have only been buying gold for about 6 months, and have notices that every time it starts dipping like this, people worry... shout its the end of the bull market... only to see it rocket up even higher.

I felt this dip in my bones, so did not buy and the recent peak - as I have done that before and only worried when heading down in to the dip.

Glad I held out, I'll be buying at about wednesday this week.

What is it about a rising price that niggles at you to get in and buy at the top --- property wise, I never had that urge, but with gold, I had to hold

myself back, buy in the trough and all that...

http://www.taxfreegold.co.uk/goldpriceslive.html

Glad I did, looks like there will be another buying opportunity soon.

What is it with some of the coin dealers? I emailed Gurnsey mint but they haven't replied and thinking about it, ATS dont respond to emails & chards haven't either. Have others foound this too? This is over the last year.

I stopped emailing ats when I got email replies telling me to go down in person to talk...

Otherwise, they offer great service.

By the way, anyone seen gold performance today? Up up up again, wish I could have bought more.

Perhaps http://uk.reuters.com/article/businessNews...E50S3ID20090129 has something to do with ti.

The day Krusty Allsop and Phil Spencer present a TV show on Gold is the day 3-5 years before I sell my gold.

Why not just swap metals using the Gold to Silver ratio as a guide. Then you get to play the market and stay in metal, rather than paper. The commissions on exchanging metal are a lot less than swapping paper to metal.

It sound like a good idea to me... i am just missing information. What about the VAT on silver? Jumping from silver to gold and back for

me would be very difficult.

GBP 740 to buy including commission

http://www.goldline.co.uk/bullionCoinsPage.page?coinId=49

Considering I bought my first one at GBP 490 .... I am very very happy.

Anyone got a rocket?

Gold, although going up in GBP has been pretty stable in EUR, about 630 ish.

Look at it today. up from 630 Euros to 683!!! Up in £ also.

:lol:

Hear, hear ! Gave up being concerned as soon as price in sterling blasted through £500. Who cares about the buck ? All this chop is largely irrelevant.

Yup,

Looks like its going back up again!

I have seen the value of my gold stash drop lower that what I have paid for...

but then its shot up way above my original sterling investment... this has happened a few times already,

I am no longer nervous about these dips.

However, your analogy has reminded me of the Wizard of Oz....and follow the yellow brick road, etc...

You should read this...

http://en.wikipedia.org/wiki/Political_int...ul_Wizard_of_Oz

Wizard of Ounce.

You will all love it.

Following the road of gold leads eventually only to the Emerald City, which may symbolize the fraudulent world of greenback paper money that only pretends to have value, or may symbolize the greenback value that is placed on gold (and for silver, possibly).[1] Other allegorical devices of the book include:

In case you are interested...

I got a Kruggerand today at ATS Bullion, for £542!!! Last time I bought I paid £480. I was told it was the last Krugger they had in stock.

Not sure about the last one, as there was a queue of people selling coins also.

The average price I have paid for my previous 2 coins was about £485, so on paper I am £114 up on those purchases.

Back to gold...

Could we have some more rockets and parabolic chat, that time of the month were I buy gold... I always need a little push.

Gold above £500 before year end?

If that's combined with the possibility of a smackdown before the November elections, can we see any better buying opportunities for gold ahead?

Of the two time I have bought gold so far, both were just before 'smack downs' , I was a bit worried at first but.... I'm not going to wait for any smack downs,

and will convert my GBP at the first opportunity: if I am fortunate to be buying just after a smack down then, lucky me.

Going from very happy to somewhat alarmed, this move must be heralding some serious sh1t!

War?

http://www.presstv.com/detail.aspx?id=6938...ionid=351020104

The US will reportedly equip Israel with highly advanced smart bombs capable of taking out fortified nuclear installations in Iran.

A source close to the Russian military said last week that Moscow is considering providing Iran with more nuclear assistance amid Russia's escalating tensions with the US over the August crisis in the Caucasus - which Russia says was orchestrated by the Bush administration.

something big is set to blow up... imminently? Slightly worrying, yet pleasing.

Mark that comment, you may be right. I won't dare guess whats about to blow.

Blimey gold shooting right past $850!!

$1000 before the sunsets?

Gold - why did I ever doubt?!

Just got back from 2 week holiday, bought more gold before I left - was unhappy about gold falling.

First day back - banking sector critical, made me feel better about my small stash , wish I bought more.

Gold, right now just blasted through $800, rocketing upwards!! WOW!