stobar

DrB I enjoy your site and I find your posts very interesting but you do come across as rather a control freak.

As the creator and owner of this forum I think DrB deserves a certain amount of control.

As a prolific contributor, I think he just wants a bit of respect - like anyone else.

What was the price per gram in sterling please GF?

Yeah - what did you get?

Here's an interesting auction on Ebay. Krugerrands are typically selling for around £880 - £920 at the moment, but the authenticity of the Krugerrand in this auction was questioned in the past.

 

http://cgi.ebay.co.uk/Krugerrand-/23053233...=item35accc5218

 

Worth a bid at this price? I'm tempted, if I could acquire it for less than £720.

Quite a simple solution to this one - Ask if you can return it if you take it to a dealer and they say it's not genuine...easy.

Has anyone else seen the Royal Mint ad's now running on tv?

Here's the ad...

Was searching for that and found it on Yahoo Tech Ticker. But this link is useful too.

 

http://economiccrisiswatch.blogspot.com/20...-on-august.html

This must be the one (?)

http://finance.yahoo.com/tech-ticker/artic...,-Prechter-Says

I have been looking at the movement of the gold price this year against the seasonal change in the price of gold over the last five years and come up with this graph for you all to ponder over. As always do you own reasearch but it seems to suggest that the price of gold is under valued and could go up.

 

In what currency?

Yep, Sovereigns and Britannia’s are CGT exempt. Any other gold isn’t.

I heard that any other nominal gold coins with a face value are exempt too. Commemorative proof £5 crowns are my personal favourites (slightly larger than 1 oz coins) and are more desirable / nicer to own IMO than boring bullion. They often offer good value and the following benefits:

- very difficult to fake

- likely to be exempt from confiscation laws

- produced in limited numbers (will always be desirable to collectors)

...But we are close to buy in sterling. Can't get a longer-term chart but 52 week moving average, blue line, usually marks an entry:

Nice to see some gold commentry priced in GBP for a change, on seeking alpha...

http://seekingalpha.com/article/146209-gol...-remains-intact

Was property porn on TV suggesting you buy or sell houses at the top?

You think gold has 'topped' then?

I've said it before and I'll say it again: When the mainstream is encouraging people to BUY gold not sell it that may be the time to sell.

Why - when Supply/demand reasoning suggests the opposite?

I don't get it.

I think the charts are clear - these last few weeks gold has not been increasing in value. It is flat or down against most currencies.

 

All that is happenning is that the USD has been depreciating. ...simply because concerns and panic over the economy are subsiding, and the repratriation (buying) of USD is reversing.

I'm beginning to think we may have seen an intermediate term top at close to £700 and gold will not make any substantial gains is GBP this year...

Time to start thinking about miners instead maybe? Or is there way to gain exposure to rising $gold using local currency?

The answer to my question may already be in this thread, but to save me trawling through, could anybody tell me...

Are collectable gold proof coins with a face value; i.e 50p, £1, £2, £5 exempt from Capital Gains Tax like Sovereigns and Britannias?

The markets in the US are they open on Monday ????? Will thin markets be used to bash down gold at the begining of next week ????

Last time we had thin market trading over Xmas, PMs moved significantly higher...

It’s not that far away when silver will be past gold prices

So that's ether a (very) considerable rise in the PoS of 7500%(!), a BIG drop in the PoG, or somewhere between the two ??!

I have a Goldmoney account but am now baulking at the cost involved of buying digital gold.

 

Looks like to buy between £6k - £60k worth I have to pay approx 4.2% (fees and spread combined) or approx 3.7% if I pay in Usd.

 

Typically how much over spot would you pay to buy physical bars?

2.7% max buying charge for gold on GM - you won't get it in your hands for anywhere near that amount...

Have I got this right? You can sell gold for dollars at the spot price without a fee. You can then re-buy gold for a commission of 2.5% above spot.

 

Is that correct?

 

[i would be using the second range above US $10,000]

 

So on a move of say 10- 12 % in POG it would be quite profitable [if accumulating ounces of course].

Correct.

Bit risky IMO - any profits you make in gold could easily be wiped out whilst the $ falls and gold moves even higher...

Yawn...bored now....

Given the correlation between the POG in Euros and Dollars lately - I thought this might be useful info...Gold, Silver and Euros