Bosworth

Go for it. Options like that particularly golden one rarely come along so easily!

Is that good or bad relative to other central banks, or is not knowing the problem? Do we trust the numbers?

Dodd Frank is all about getting swaps and securties based swaps onto regulated exchanges so that greater transparency can be effected into the transaction. I don't believe the buying of physical metals is covered. What is covered is buying on the futures market if you have no intention if taking physical delivery. Clearly rules may change in the future but no drama so far.

Is anyone else struggling to hold the line? I STRd in 2009 and felt glad to have got a price about 8% off 2007 peak in London's Docklands. Since then have moved rentals a couple of times - all part of a slow orbit outwards from the centre to more suburbia. 2 kids, including one small baby. Last rental has been a nightmare - total amateur landlord totally unaware of his responsibilities. Every issue comes close to litigation to get anything done. Since STRing property in the area I am interested in (N2) has gone up by more than 10%, my rent is vast at nearly £4k per month, I shifted most of my pension into cash/near-cash only to see the equities market go up by 15%, and am seeing the 50% of my STR fund that I didn't put into gold rapidly erroding. I am genuinely the laughing stock of my friends and family and it's getting hard to hold the line. Classic "when the last bear turns bull" stuff? MSE style hugs needed.

What do you think the smaller drop in London actually means?

It's interesting. There does seem to be an increasing premium for physical (both gold and silver). Unclear if this is a supply fundamental or just profiteering. I guess time will tell.

£10k WAS my averaging in Anyways, my personal contrary indicator is working fine. A healthy 6% off since purchase!

Just bought another £10k of silver. Guaranteed for the rocket to turn into Challenger

I make that about an 8% swing over the trading day. Pretty volatile!

Dunno. Am not a chartist. Can you give me your view?

UK Halifax index showed August prices up 0.2%, seasonally adjusted. It's taking some time to turn...

You'd really keep kilos at home? Seems more of a risk to me than "trusting" goldmoney, although I am not entirely comfortable with the remote aspect...

Double face-palm territory: - It is illegal to hold bullion in the uk - ETFs and BullionVault are basically the same. I give up.

I've started buying in again. I don't think there will be a dip for a while that will be big enough to justify the risk of holding the cash. September is nearly here after all...

Bearish article on this historically high price of gold Not that I accept the world is the same place as it was 140 years ago. Plus lack of sound money, oil, deficits, population growth etc. etc. Comments were interesting...

Isn't it largely irrelevant what the CB rate is anyway? Mortgage and savings rates broadly decoupled a long time ago. If the Bond markets demand it, rates will rise irrespective of what the CBs do. The question for me is: how much of a real rate rise is needed before mortgage rates would be pushed up?

Is it me or does that look exactly like the UK&Irl? Incidentally, how many grammes is that? Bos.

I think it's really interesting that in the panic of the last day or so, gold was the focus. But instead of retracing, silver then moved up to re-align. Worth remembering next time we see this sort of behaviour. Monday?

Why not hold your core holding but short-term trade using ETFs? I have on occasion *red face* shorted gold when I expected the price to fall a bit, but didn't want to risk my core holding. Given how quickly things move when they move, feels like the safest option. Open to other ideas, though...

Difficult to unpick the noise of today with the election result, tbh. Suspect limited movement unless the result is well out of whack with expectation - lots priced in already. The fun will start when coalitions are talked about and what policies these will lead with...

It's where no single party has an overall majority. There are 650 seats up for grabs therefore in order to form an effective government you need at least 326 seats. More means you can handle some dissenters. Less than 325 seats and you have to do deals with another party to pass every bit of legislation. Quickly becomes impossible to make tough decisions - minority parties will hold out for ridiculous terms and demands knowing their vote is sorely needed.

Gold decoupled from both the stock markets AND silver. Interesting.

I'm banned by my wife from trying to educate people. Apparently I've got a reputation for ruining dinner parties.

RH - thank you for posting. I follow your views quite closely and with interest, although not necessarily with agreement What this site lacks is people who will publicly take a punt and stand by it. Plenty of "after the event" postings, but very few like yours, where we can all talk about whether it went right or wrong, and the reasons behind it. Thank you.

If your motive for buying is as an inflation hedge then "gold is gold is gold" so go for the physical form that you are interested in and go for the version that gives you the most gold for your money. I have used both ATS Bullion and CoinInvestDirect.com. Both were great. In future I would probably use ATS Bullion on the basis that I can pop there in person to do the deal (very average little office to the side of the Savoy Hotel in London) and would not have to wait for delivery etc.