azazel Posted March 2, 2009 Report Share Posted March 2, 2009 Bairds use the post Office for delivery and i have never had a problem with them, the postman knows me by sight if i am out when they deliver I can pick it up at the depot. CID use a different courier I think it's UPS - they are hopeless - they were unable to find the address once - the first i knew about it was when Sonia rang me to tell me the coins had arrived back in Germany. CID have silver Britannias in stock. Evening all. ATS use the post office too. I'm suprised gold didn't rally further in London and US trading what with the declines in stocks n shares, after climbing in Asian trade due to falls in their stock market. Maybe towards the end of the week? The pound came to the rescue and sank like a turd. Bless. Link to comment Share on other sites More sharing options...
azazel Posted March 2, 2009 Report Share Posted March 2, 2009 I ordered a couple of small bars from Barids on Saturday night using the website. I’ve got an email from them today. The price has gone up (they haven’t held the Saturday night price). Is this normal? It’s only a few pence, but it’s the principle of the matter. And They want the money within 3 days or they will change the price. How is it possible? BACS is 4 days as standard. I’m at work now and can’t pay within office hours today so I have lost a day already What about paying with a cheque? Im sure they said that was ok if they recieved it the next day Link to comment Share on other sites More sharing options...
ziknik Posted March 2, 2009 Report Share Posted March 2, 2009 What about paying with a cheque? Im sure they said that was ok if they recieved it the next day I've sent the money by BACS already. I'm sure it will be OK Link to comment Share on other sites More sharing options...
enrieb Posted March 2, 2009 Report Share Posted March 2, 2009 Despite the fall in the spot price of gold, its been a good day. Its 7.3 ounces to the dow now. Link to comment Share on other sites More sharing options...
Andrew McP Posted March 2, 2009 Report Share Posted March 2, 2009 What annoys me is that just when I'm emotionally primed to make another PM investment, the pound dives to help negate the fall in the PoG. It's a conspiracy I tell you! :-) Andrew McP Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted March 2, 2009 Report Share Posted March 2, 2009 scenario 2 - dollar rises and then inflation and the crack-up-boom? http://www.safehaven.com/article-12727.htm Why a 'would-be' ascending triangle? Because, while the top line has now been fulfilled with two reaction highs, to qualify as an ascending triangle, the USD exchange value should decline for another bang on the lower (ascending) line. This would lock and load scenario #1. If the dollar follows scenario #2 and breaks out here, from over bought levels and bearish divergence, it will negate a healthy ascending triangle and blow off into a less sustainable rise, which would likely top out per the weekly chart. The implication of scenario #2 is short term pain to most asset holders in a final liquidation, and then preparation for a long inflation cycle (dollar decline). Scenario #1 however, would be the real nightmare scenario, where the dollar declines now, sucks in the casino patrons for a play at the bull game and then rises in a stronger and longer fashion than most would anticipate. Despite a short term decline, #1 is the most bullish USD scenario where Uncle Buck hits the lower line around the SMA 200 and then rises once again for a try at upside resistance at the top line. The intermediate term measured target off this would be the high 90's, specifically, 98. We might extrapolate a bit and define #1 as the gateway to deflationary depression and #2 as the introduction to the next inflation cycle which itself could be a gateway to the Austrians' Crack Up Boom. Neither scenario will contain many positives for most people, but they will surely require very different actions by people interested in surviving financially. Link to comment Share on other sites More sharing options...
UNSHURE Posted March 2, 2009 Report Share Posted March 2, 2009 What annoys me is that just when I'm emotionally primed to make another PM investment, the pound dives to help negate the fall in the PoG. It's a conspiracy I tell you! :-) Andrew McP I wonder if anyone can shed any light on this. I have noticed for quiet a while that the pound seems to do badly when the main world stock markets are falling and recovers during the mini rallies. It seems to fall against the dollar, the Yen and the Euro when the markets are doing badly. Does anyone know why this is the case? It has been good for people who invest in Gold though. Link to comment Share on other sites More sharing options...
sid Posted March 2, 2009 Report Share Posted March 2, 2009 What annoys me is that just when I'm emotionally primed to make another PM investment, the pound dives to help negate the fall in the PoG. It's a conspiracy I tell you! :-) Andrew McP +1 opened a GM account few days back when it was nearing $1000!!! Link to comment Share on other sites More sharing options...
FWIW Posted March 3, 2009 Report Share Posted March 3, 2009 +1 opened a GM account few days back when it was nearing $1000!!! Timing getting more gold is a 'fools errand'. I just wanted to get out of some more turdling at anything below 940, and in hindsight probably pulled the trigger far too early at 938. I used GM and right this second I could have got 925.60.... Lesson learned by me - Buy in the early hours when it is quite... At 924 gold looks very cheap....maybe I can find some turdling behind my sofa!! Link to comment Share on other sites More sharing options...
6v6 Posted March 3, 2009 Report Share Posted March 3, 2009 At 924 gold looks very cheap....maybe I can find some turdling behind my sofa!! *Why* does every one always quote the dollar prices, even if they are planning to buy in some other currency?!? It really baffles me, as although they are somewhat correlated (not always, look at the decoupling with sterlings devaluation last year), surely the only price which matters is that which you plan to buy in? Gold in GBP is still over £650 on GM (now) which still looks pretty expensive to me. I'm sticking to silver and oil stocks for now Link to comment Share on other sites More sharing options...
FWIW Posted March 3, 2009 Report Share Posted March 3, 2009 *Why* does every one always quote the dollar prices, even if they are planning to buy in some other currency?!? It really baffles me, as although they are somewhat correlated (not always, look at the decoupling with sterlings devaluation last year), surely the only price which matters is that which you plan to buy in? Gold in GBP is still over £650 on GM (now) which still looks pretty expensive to me. I'm sticking to silver and oil stocks for now Might be due to the fact that the USD is currently the world's reserve currency? Also, buying gold in GBP is a no brainer in my personal case. See here: http://stockcharts.com/h-sc/ui?s=$GOL...id=p03253663428 Link to comment Share on other sites More sharing options...
romans holiday Posted March 3, 2009 Report Share Posted March 3, 2009 *Why* does every one always quote the dollar prices, even if they are planning to buy in some other currency?!? It really baffles me, as although they are somewhat correlated (not always, look at the decoupling with sterlings devaluation last year), surely the only price which matters is that which you plan to buy in? Gold in GBP is still over £650 on GM (now) which still looks pretty expensive to me. I'm sticking to silver and oil stocks for now US dollars is the only significant price for gold now. Before, I bought gold with Korean won and NZ dollars... gold has broken out against these now and almost any time would be a good time to buy in these currencies imo. I am now holding US dollars which gold has not yet broken out against.. they are competing for safe haven status. When buying in US dollars timing is most important. Could still get a bargain thanks to Mr Market. Link to comment Share on other sites More sharing options...
Pixel8r Posted March 3, 2009 Report Share Posted March 3, 2009 CONSOLDATION AT THE HANDLE OF THE CUP The gold price broke above the 980 resistance level. Doing so technically did not come convincingly though. The U-shaped reversal pattern is clear, nicely rounded, enough to warrant the name ‘Cup & Handle’ from the charting lexicon. The top of the cup is 980 on the left side and 1000 on the right side. The positive bias is bullish. Notice all moving averages are in bullish mode, having crossed over. The bull run in gold has come from a bottom of roughly 700 up to 1000. The corrections in December and January were not small. Now the February correction might not be small. But they are fit within the bullish scenario. The MACD cyclical still looks healthy and strong. Support in the current pullback and consolidation appears to be in the 900 to 925 ribbon range. THE GOLD CHART IS CARVING OUT THE RIGHT SIDE HANDLE IN THE CUP & HANDLE REVERSAL PATTERN. From there, a breakout comes. From: Gold: Musings & Peptalk by Jim Willie, CB. Editor, Hat Trick Letter | February 27, 2009 Link to comment Share on other sites More sharing options...
romans holiday Posted March 3, 2009 Report Share Posted March 3, 2009 CONSOLDATION AT THE HANDLE OF THE CUP The gold price broke above the 980 resistance level. Doing so technically did not come convincingly though. The U-shaped reversal pattern is clear, nicely rounded, enough to warrant the name ‘Cup & Handle’ from the charting lexicon. The top of the cup is 980 on the left side and 1000 on the right side. The positive bias is bullish. Notice all moving averages are in bullish mode, having crossed over. The bull run in gold has come from a bottom of roughly 700 up to 1000. The corrections in December and January were not small. Now the February correction might not be small. But they are fit within the bullish scenario. The MACD cyclical still looks healthy and strong. Support in the current pullback and consolidation appears to be in the 900 to 925 ribbon range. THE GOLD CHART IS CARVING OUT THE RIGHT SIDE HANDLE IN THE CUP & HANDLE REVERSAL PATTERN. From there, a breakout comes. From: Gold: Musings & Peptalk by Jim Willie, CB. Editor, Hat Trick Letter | February 27, 2009 cue music...which one of these... looks like the other... Last time we saw that pattern [same graph] look what happened. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted March 3, 2009 Report Share Posted March 3, 2009 from last month: http://www.greenenergyinvestors.com/index....&start=1020 Link to comment Share on other sites More sharing options...
gwizzie Posted March 3, 2009 Report Share Posted March 3, 2009 cue music...which one of these... looks like the other... Last time we saw that pattern [same graph] look what happened. Its going to need huge volume to breakout. Something catastophic. What isnt mentioned is that if the pattern fails does that mean the bull run is over? Link to comment Share on other sites More sharing options...
Steve Netwriter Posted March 3, 2009 Report Share Posted March 3, 2009 Next months thread is here: http://www.greenenergyinvestors.com/index.php?showtopic=6122 You know what to do Link to comment Share on other sites More sharing options...
romans holiday Posted March 3, 2009 Report Share Posted March 3, 2009 Its going to need huge volume to breakout. Something catastophic. What isnt mentioned is that if the pattern fails does that mean the bull run is over? Notice the pattern repeats but only bigger. Imagine if that were to happen again and on an even larger scale. That would be one wild ride. As for chartology, a lot of the time I reckon we just read our own preconceptions into them. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted March 3, 2009 Report Share Posted March 3, 2009 Might be due to the fact that the USD is currently the world's reserve currency? Also, buying gold in GBP is a no brainer in my personal case. See here: http://stockcharts.com/h-sc/ui?s=$GOL...id=p03253663428 Strictly speaking, the US$ is the main reserve currency with about 64%. http://en.wikipedia.org/wiki/Reserve_currency Link to comment Share on other sites More sharing options...
Steve Netwriter Posted March 3, 2009 Report Share Posted March 3, 2009 Next months thread is here: http://www.greenenergyinvestors.com/index.php?showtopic=6122 You know what to do :D Link to comment Share on other sites More sharing options...
G0ldfinger Posted March 3, 2009 Author Report Share Posted March 3, 2009 Its going to need huge volume to breakout. Something catastophic. What isnt mentioned is that if the pattern fails does that mean the bull run is over? It will be over because when the gold pattern fails, then all will be good again and the central banks will stop printing money immediately! :lol: Link to comment Share on other sites More sharing options...
Pixel8r Posted March 3, 2009 Report Share Posted March 3, 2009 As for chartology, a lot of the time I reckon we just read our own preconceptions into them. It funny how at the moment TA is both bull and bear, with cup & handle and triple top. I agree that with TA you seem to be able to find whatever you are looking for. Guess it's better to stick to fundamental analysis. Link to comment Share on other sites More sharing options...
curious1 Posted March 3, 2009 Report Share Posted March 3, 2009 Calm before the storm? Haven't seen the intra-day gold chart flatline so much recently. Link to comment Share on other sites More sharing options...
FWIW Posted March 3, 2009 Report Share Posted March 3, 2009 Looks like RH was right with that 840 call! Anyone got any TA/FA to share? Why has Gold gone down so much? Link to comment Share on other sites More sharing options...
romans holiday Posted March 3, 2009 Report Share Posted March 3, 2009 Looks like RH was right with that 840 call! Anyone got any TA/FA to share? Why has Gold gone down so much? Can't help with any TA as I lack the discipline and just read my own wishes into it. Why has gold gone down so much? Not sure but I think Mr Market is moody these days. One day he is all enthusiastic and the next day he packs a sad. I am more interested in the "phenomenology" of markets these days rather than technical analysis because this is one moody and nervous market. imo POG will remain volatile as long as the US dollar remains strong and competes for safe haven status. Ideal trading opportunity if you believe there, eventually, can only be one. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now