moroboshi

Back below $1000 (just) for now, so where next? It would seem guaranteed that the march 2008 high will be retested, but after that? Judging by Trader Dan's latest post and chart on jsmineset, the weekly move up is one of the, if not the, biggest since 2006, so I'd naively expect a bit of a pullback or some sideways movement before any move higher - but feel free to shoot that guess down

In the case of HPC, being banned is really a badge of honour

Ah, I meant the current lowest offer on the BullionVault order board (sorry, should have been clearer ) The offers on the BV NY board always seem a bit higher than London or Zurich. Spot price looks to be retreating a little for now.

and over $1000 in NY, just edged over that briefly in Zurich...

I don't want a diving ratio just yet! Not before I've got some more anyway Based on the historic behaviour of the ratio, it does seem better to go with Ag over Au right now.

Interesting plot, thanks! Guess the time period makes sense in terms of the current market, but what's it like over longer time periods?

Same here - I'm glad I've got gold, but the current movements are scary. I also wish I'd bought more in the past, though not with a loan , but hindsight is a wonderful thing. Trying to identify good points to buy more over the coming months is what I'm trying to work out at the moment.

Nice! Although how does charging the lower rate work, er, legally ?

Just got this picture in my head of Time Team (archaeology TV show for the non-UK readers) in 2000 years time... 'So Tony, what we've got here is a so-called Krugerrand from the Late Fiat Age. Back then, they had this strange idea that bits of paper could be used as money' Not that anyone here is going to bury and forget about their stash

Interesting data, thanks! In ounces of gold per pound these the 'best value' coins, so what would be the downsides (I'm guessing there are some given the price!) versus Krugs etc? Just less demand, less saleable? I'd never really considered these and others before - showing my ignorance of the physical market!

The GM purchase/storage costs are good points which I'd slightly overlooked - though 5% purchase is better than 15% VAT at least... If you mean where I think you mean, then I may be asking you for recommendations for where to buy

Thanks warpig and wren for your replies! This was my thought about silver coins/bars, so think I'll get a bit of physical (but not a 1kg coin just yet ) and get started with signing up for GM...

I'm going to be getting some silver soon, but even after reading through many of the topics on here, I'm still a bit unsure of whether to go for physical or the GM route. Latter is better from the price point of view, but I'd really like to have a bit of physical stashed as well (and the coins are so nice!) though the markups plus VAT are pretty steep. Perhaps a mixture of the two? Got to get me a 1kg Kookaburra

Given the current prices on BV and their ticker message (thanks ziknik), I wonder if their prices are reflecting this limited stock (closer to the physical market? Always thought BV tracked spot fairly closely). Could we see recoupling to the spot price on BV on Tuesday (assuming spot doesn't rebound)? Feel very similar to you about silver , think I could only ever hold physical there

The spreads on BV have been all over the place today in the pound and dollar, euro a little more stable although didn't keep such a close eye on that. Not sure why that's happening, but my (novice) impression was that the volume of trades was quite low - I'm not aware of a tool on BV to show volume though, was purely by eye looking at the changes in bids/offers and the quantities involved, so not very scientific!

Anyone monitoring the number of users on BV? Would be interesting to see numbers over the next week.

Not me, but it's now the most emailed story and second most read

Evening all, long time lurker here and finally sign up just as everything starts kicking off.... Can't quite believe the rise today in gold, and then travel home to find it busting straight through $850, where next?? p.s. many thanks to all the posters here - I've learnt a lot from the discussions here, and hope I can contribute something too.