signofthetimes

Asians buy Physical

Americans sell paper

rinse and repeat

Buying some gold in GBP here. Tough decision, would have liked it to be lower (wouldnt we all), though the Sep-March cycle could play out again and sitting in GBP otherwise and looks oversold on a ST basis at least....

 

Any further current thoughts on £GOLD out there?

dollar price will likely fall back over winter but I expect £ to suffer due to UK defecit / dollar to continue rally short term, so gold priced in £ may not change much.

Yanks selling more paper gold today, this is becoming predictable

money printing leading to higher inflation, who'da thunk it ?

http://www.bloomberg.com/apps/news?pid=206...NdhAQ&pos=2

http://www.greenenergyinvestors.com/index....st&p=142022

anyone know what the fees actually are to sell coins on ebay ? presumably there's a listing fee plus a final value fee if you sell it. Is the % the same as selling some old toys or is it different for coins?

Is there a thread about selling gold on here? I can't find one. I'm starting to look at offloading a few coins but obviously looking to get the best bang for buck as possible.

 

Ebay & Paypal fees are astronomical!

C.I.D. have a 'buy' price for every coin / bar they sell. Also, you have to send your items to Germany, so that won't be cheap (insured)

Are people still buying at these prices or waiting for further pullbacks?

I'm still buying with any leftover cash. I remember thinking the same back in June 08 when gold was £450 /oz

I'm shocked Goldfinger isn't in the top 10

- I bought big at $960 in early 2008 and sat underwater for quite a while.

now proved to be a good decision!

why not just spend half the funds now if you think it will drop in the future?

(personally, I'd probably wait to see what damage, if any, the Yanks can inflict today)

You can still buy gold on a Sunday

You keep playing with your fiat and electronic digits.

best euphemism for cock and balls I've ever seen

Why would you want to let the world know you intend to buy more gold? This report smells like a reverse Brown's bottom.

"It will get the gold if its bid is successful and at the price it has offered,” said the official.

I'm definitely expecting to pass out with the g-forces. But I'm planning to dock with the satellite and stay in orbit, not return to Earth...

there WILL come a time when it will make sense to swap some gold for other assets (property?) but that time is not on the horizon (see Goldfinger's Gold versus Property chart)

Another record high in Sterling and no-one got anything to say?

 

How about discussing an exit strategy and the next asset class to purchase with gains from gold?

 

Or will gold reach a permanently high plateau?...

 

My take is that we are now well into the press interest stage of the launch and that public interest stage is just about to ignite. Cue more rocket pics.

way too soon imo

I think you' ll find most of us will be hanging on to our gold for a lot longer

are you strapped in and ready for the ride or do you want to get off ?

Anyone thinking of selling some in this rally?

you could sell some, buy there's a strong chance you might not be able to afford to buy it back

http://www.youtube.com/watch?v=0k3gxj4nrW4

(good call Pix)

Sounds exactly like BTL in 1996/97.........

 

Gold will follow a similar path Im sure - from an investor psychology POV - investor psychology being one of the more consistent features of markets.

Great, another 10 years to ride this bull then ?

Furthermore, gold will drop by 50% in a year at some stage - and one can never be sure of getting out before that drop occurs ...i.e., big risk!

against what ?

Considering the UK news about the 'longest ever recession' is anyone considering swapping any silver for gold here?

10 oz my silver for 10 oz your gold..........

deal ?

Eerie quiet, considering all time records breaking. Not only no rockets, but hardly anyone even posting. Maybe too many people hoping for "the pullback"?

no-one dare post rockets anymore, just in case

Can we get rid of this spammer mods?

can't they block by IP address rather than username ?

There is that of course but if you use a credit card you will be covered by insurance. Dunno if Stein would swallow the credit card cut though.

bank transfers only !

thanks GOM, I noticed their 1oz gold bars were about £15 cheaper than CID but maybe that's a premium worth paying for peace of mind?

anyone heard of / used these ?

https://www.bullionbypost.co.uk/

http://www.bloomberg.com/apps/news?pid=206...id=a6HmCq6IQClk

someone else finally getting it?

“Gold is acting like the ultimate currency,” said Chip Hanlon, president of Delta Global Advisors Inc. in Huntington Beach, California. “Central banks are following the same monetary course and trying to stimulate and inflate their way back to growth. Everyone’s concerned about the dollar, but it’s not like you can hate the dollar and fall in love with the euro or the yen.”

It went through it like a knife in butter

 

a hot one at that !