tinecu Posted May 4, 2010 Report Share Posted May 4, 2010 Up to 1190... then straight down to 1168. Silver back to 17.90 Paper gold sold to try and cool things off. I wonder if this could morph into something bigger here with investors increasingly nervous about sovereign debt. Of course it will! Link to comment Share on other sites More sharing options...
warpig Posted May 4, 2010 Report Share Posted May 4, 2010 Seems to be OK for me. Thanks for checking. So everyone is locked out.........! Link to comment Share on other sites More sharing options...
electroweak Posted May 4, 2010 Report Share Posted May 4, 2010 Interesting how the S&P and Gold have basically collided again. Still no joy for me on BV. Link to comment Share on other sites More sharing options...
Guest Dramatic Exit Posted May 4, 2010 Report Share Posted May 4, 2010 Still no joy for me on BV. Can login fine here but 'Account' pages seem extremely slow, and sometimes not loading at all. Link to comment Share on other sites More sharing options...
wolf Posted May 4, 2010 Report Share Posted May 4, 2010 Still no joy for me either! Link to comment Share on other sites More sharing options...
Jake Posted May 5, 2010 Report Share Posted May 5, 2010 Profit taking or the first snows of another deleveraging? Gold and silver both down off yesterdays highs. Link to comment Share on other sites More sharing options...
warpig Posted May 5, 2010 Report Share Posted May 5, 2010 Looks like a smack down to me. Profit taking or the first snows of another deleveraging? Gold and silver both down off yesterdays highs. Link to comment Share on other sites More sharing options...
Rosco Posted May 5, 2010 Report Share Posted May 5, 2010 Mish highlighting the risk of U.S copying Oz and heavily taxing gold. http://globaleconomicanalysis.blogspot.com...in-us-gold.html "It will not be long before the US considers doing the same thing to its natural resources industry. Indeed, anything that makes money, especially gold and energy will be easy targets. For several years running I have been asked at precious metals conferences about the possibility that government will confiscate gold as did FDR. My response has always been "Physical confiscation will never happen again . However, they may tax the hell out of it." That possibility looks increasingly likely, and the end result is essentially the same" Link to comment Share on other sites More sharing options...
BertieBee Posted May 5, 2010 Report Share Posted May 5, 2010 For several years running I have been asked at precious metals conferences about the possibility that government will confiscate gold as did FDR. My response has always been "Physical confiscation will never happen again . However, they may tax the hell out of it." That possibility looks increasingly likely, and the end result is essentially the same" I wonder how this would affect paper gold? Apart from the collapsing spot price of course. Link to comment Share on other sites More sharing options...
romans holiday Posted May 6, 2010 Report Share Posted May 6, 2010 Thanks for checking. So everyone is locked out.........! Fine for me... even though I still got charged a month's storage for just being in silver for one day of that month. Link to comment Share on other sites More sharing options...
electroweak Posted May 6, 2010 Report Share Posted May 6, 2010 Just watched gold go thru 1180, it looked like it triggered a load of buy stops between 1179.70 and 1180.80 Nice! Link to comment Share on other sites More sharing options...
romans holiday Posted May 6, 2010 Report Share Posted May 6, 2010 Just watched gold go thru 1180, it looked like it triggered a load of buy stops between 1179.70 and 1180.80 Nice! With the Euro getting hammered, I can't see there being much weakness in gold. Both gold and dollar should strengthen against Euro. Link to comment Share on other sites More sharing options...
lyb Posted May 6, 2010 Report Share Posted May 6, 2010 As a Eurogold investor I am looking to sell some GLD at some point. Eurogold has gone parabolic. This is not healthy. Any guess where approximately is the top? Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted May 6, 2010 Report Share Posted May 6, 2010 As a Eurogold investor I am looking to sell some GLD at some point. Eurogold has gone parabolic. This is not healthy. Any guess where approximately is the top? you cant guess the top with a moving target watch other ratios such as gold/oil gold/house prices dow/gold gold/silver etc Link to comment Share on other sites More sharing options...
cheleon Posted May 6, 2010 Report Share Posted May 6, 2010 Nearly £200 for a Viccie Sov from CID! I might sell 3 and buy a 50" plasma telly from Currys for the world cup On second thoughts i'll hold my gold and use paper for that. Link to comment Share on other sites More sharing options...
Schaublin Posted May 6, 2010 Report Share Posted May 6, 2010 Nearly £200 for a Viccie Sov from CID! I might sell 3 and buy a 50" plasma telly from Currys for the world cup On second thoughts i'll hold my gold and use paper for that. I just posted this on the Silver thread at almost the same time! How much will the plasma telly be worth in a few years time? Link to comment Share on other sites More sharing options...
marmite Posted May 6, 2010 Report Share Posted May 6, 2010 Price looking good in £ this afternoon Link to comment Share on other sites More sharing options...
Schaublin Posted May 6, 2010 Report Share Posted May 6, 2010 CID Sov. Victoria 7.32 Gramm £200.62 !!! Cant comment on Krugerrands as they have sold out! Link to comment Share on other sites More sharing options...
ologhai Posted May 6, 2010 Report Share Posted May 6, 2010 Is gold about to breach £800?! Looks like it's having a go! Link to comment Share on other sites More sharing options...
ologhai Posted May 6, 2010 Report Share Posted May 6, 2010 Is gold about to breach £800?! Looks like it's having a go! To answer my own question: yes... Link to comment Share on other sites More sharing options...
The Mad Hatter Posted May 6, 2010 Report Share Posted May 6, 2010 OOOoooooh, noes, they'll be a collapse in prices*. Cornwall has a gold mine! * (NOT) Link to comment Share on other sites More sharing options...
signofthetimes Posted May 6, 2010 Report Share Posted May 6, 2010 we have lift off........ Link to comment Share on other sites More sharing options...
enrieb Posted May 6, 2010 Report Share Posted May 6, 2010 From: Link to comment Share on other sites More sharing options...
creditcrunch Posted May 6, 2010 Report Share Posted May 6, 2010 Although I am happy to see these sharp rises in price. I feel a little unsettled. Link to comment Share on other sites More sharing options...
LauraB Posted May 6, 2010 Report Share Posted May 6, 2010 Enrieb's rocket went horizontal Will we ever learn not to post those darned pics? ! Still, that's four year's of my pension in three days, if i cashed in, which I wont be doing, yet. I agree cc, it is unsettling. I've been feeling this in the air for some weeks now. As a wise man said often:- It is not the event that matters, but one's reaction to it Link to comment Share on other sites More sharing options...
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