grumpy-old-man Posted February 2, 2010 Report Share Posted February 2, 2010 I just had a child congratulations alive&kicking. Link to comment Share on other sites More sharing options...
mSparks Posted February 2, 2010 Report Share Posted February 2, 2010 If only the paper printers truly understood what havoc they have brought on the future. What a pessimistic fellow you are. you sound like Malthus. Link to comment Share on other sites More sharing options...
electroweak Posted February 2, 2010 Report Share Posted February 2, 2010 Seems to me we are going to have to close over $1120 to break this downward trend.... Link to comment Share on other sites More sharing options...
grumpy-old-man Posted February 2, 2010 Report Share Posted February 2, 2010 Seems to me we are going to have to close over $1120 to break this downward trend.... the trend will be reversed imo, going upwards for all of Feb. Link to comment Share on other sites More sharing options...
seekingclarity Posted February 2, 2010 Report Share Posted February 2, 2010 the trend will be reversed imo, going upwards for all of Feb. ` And to what levels GOM do you see gold attaining this month? Link to comment Share on other sites More sharing options...
Errol Posted February 2, 2010 Report Share Posted February 2, 2010 All this talk of levels and prices. Sod the levels/prices. Gold is money. The ultimate form. Insurance. At the current time there is nothing else better. Link to comment Share on other sites More sharing options...
denarii Posted February 2, 2010 Report Share Posted February 2, 2010 if you want a child, my advice is get a dog instead as it will be a lot cheaper in the divorce and you stand a chance at custody Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 2, 2010 Author Report Share Posted February 2, 2010 if you want a child, my advice is get a dog instead as it will be a lot cheaper in the divorce and you stand a chance at custody Cat is even better*, and you don't have to pick up the steamy doodoo. EDIT: *Than a dog, I mean. Link to comment Share on other sites More sharing options...
InSilverWeTrust Posted February 2, 2010 Report Share Posted February 2, 2010 Cat is even better*, and you don't have to pick up the steamy doodoo. EDIT: *Than a dog, I mean. I hate cats. And a dog is good for guarding your physical! Link to comment Share on other sites More sharing options...
Manual labourer Posted February 2, 2010 Report Share Posted February 2, 2010 All this talk of levels and prices. Sod the levels/prices. Gold is money. The ultimate form. Insurance. At the current time there is nothing else better. What percentage of your investments are held in physical Gold? Hope this isn't to personal a question? Others please feel free to reveal your % Gold holding? Regards ML. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 2, 2010 Author Report Share Posted February 2, 2010 I hate cats. Reow? And a dog is good for guarding your physical! You should see our Kitty. For a while she even fetched Krugerrands! Link to comment Share on other sites More sharing options...
dietcolaaddict Posted February 3, 2010 Report Share Posted February 3, 2010 You should see our Kitty. For a while she even fetched Krugerrands! I'm also a cat lover, but please keep Tiddles away from Maples and other .9999's unless you want scratches all over your precious coins! Link to comment Share on other sites More sharing options...
id5 Posted February 3, 2010 Report Share Posted February 3, 2010 I'm also a cat lover, but please keep Tiddles away from Maples and other .9999's unless you want scratches all over your precious coins! We must all be bored waiting for the next wave of the cycle to start if we are down to discussing dog or cat, trouble is we could be waiting a few months if the pennant on the GBPUSD monthly chart is anything to go by By the way the answer is always dog Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 3, 2010 Author Report Share Posted February 3, 2010 Paper gold won't do it. People want the real stuff. http://www.bloomberg.com/apps/news?pid=206...id=abFClrv2Oqq8 U.K.’s Royal Mint Doubles Production of Gold Coins (Update2) By Thomas Biesheuvel and Nicholas Larkin Feb. 2 (Bloomberg) -- The U.K.’s Royal Mint, established in the 13th century, more than doubled gold-coin production last year as investors sought to diversify their assets and hedge against a weaker dollar and accelerating inflation. Link to comment Share on other sites More sharing options...
Manual labourer Posted February 3, 2010 Report Share Posted February 3, 2010 Paper gold won't do it. People want the real stuff. http://www.bloomberg.com/apps/news?pid=206...id=abFClrv2Oqq8 I feel that you are so right on that, somebody posted a list the other day of government holdings of physical, wouldn't be a shock if the current paper currencies are destroyed by hyperinflation, to be replaced by a "New World" gold backed or percentaged backed currency.Dollar debt/bonds to be say rebased to 25000:1 to the "new" one. Just remind me who holds the most physical gold in the world, and who holds the most Dollar paper debt and least gold? Regards ML. Link to comment Share on other sites More sharing options...
signofthetimes Posted February 3, 2010 Report Share Posted February 3, 2010 Just remind me who holds the most physical gold in the world, and who holds the most Dollar paper debt and least gold? Regards ML. The Yanks hold the most physical, well that's what the last audit said Link to comment Share on other sites More sharing options...
Fortune Posted February 3, 2010 Report Share Posted February 3, 2010 Most of the Fort Knox hoard is in the secret underground vaults of the Rothschilds and Rockerfellers. The same goes for most of the other central banks gold supplies 'swapped' into the market over the years. At least, that what I heard. Link to comment Share on other sites More sharing options...
mSparks Posted February 3, 2010 Report Share Posted February 3, 2010 I would say it was far more relevant to this thread than arrogant crowing about how well you have done with a company that has f&ck all to do with gold! On the contrary, it is an example of how people are programmed to concentrate something irrelevent, such as gold, and ignore something incredibly valuable, such as someone looking to buy up all of something for £3.29 that you can currently buy for £2.80 Link to comment Share on other sites More sharing options...
electroweak Posted February 3, 2010 Report Share Posted February 3, 2010 Noticing that CoinInvestDIRECT BUY price (the one they will pay you to sell to them) is above spot just now. I wonder if this is starting to indicate a 1oz coin shortage? e.g. SPOT GOLD: £697.90/oz CID: BUY NETTO BRUTTO Nugget 2010, 1 oz, Gold 31.10 Gramm £702.70 £744.24 £744.24 Philharmoniker 2010, 1 oz Gold 31.10 Gramm £700.99 £744.24 £744.24 Maple Leaf 2010, 1oz Gold 31.10 Gramm £704.41 £742.46 £742.46 Krugerrand 2010, 1 oz, Gold 31.10 Gramm £704.41 £754.57 £754.57 Link to comment Share on other sites More sharing options...
dietcolaaddict Posted February 3, 2010 Report Share Posted February 3, 2010 Anyone else see a nice looking double bottom in this year's seasonal move? Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 3, 2010 Author Report Share Posted February 3, 2010 Anyone else see a nice looking double bottom in this year's seasonal move? Did you dig out the naughty stuff from your C64's 5 1/4'' floppies? Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 3, 2010 Author Report Share Posted February 3, 2010 Got an email from Baird's today. £ 754.75 http://www.goldline.co.uk/investmentBars.j...mp;goldBarIdx=0 Also in silver for £ 15.41. Link to comment Share on other sites More sharing options...
surfdude Posted February 4, 2010 Report Share Posted February 4, 2010 Noticing that CoinInvestDIRECT BUY price (the one they will pay you to sell to them) is above spot just now. I wonder if this is starting to indicate a 1oz coin shortage? e.g. SPOT GOLD: £697.90/oz CID: BUY NETTO BRUTTO Nugget 2010, 1 oz, Gold 31.10 Gramm £702.70 £744.24 £744.24 Philharmoniker 2010, 1 oz Gold 31.10 Gramm £700.99 £744.24 £744.24 Maple Leaf 2010, 1oz Gold 31.10 Gramm £704.41 £742.46 £742.46 Krugerrand 2010, 1 oz, Gold 31.10 Gramm £704.41 £754.57 £754.57 What I find interested about those prices is that the buy price for Maples and Nuggets is the same as for Kruggrands. However the fineness for Maples and Nuggets is 999.9 but 916.6 for Krugerrands. In Hong Kong, the prices are not the same with the Kruggerand selling/buying for around US$50 less. Why would someone buy Kruggers (with less gold content) than maples/nuggets if they are selling at the same price or conversely why would someone sell them at the same price? Link to comment Share on other sites More sharing options...
azazel Posted February 4, 2010 Report Share Posted February 4, 2010 What I find interested about those prices is that the buy price for Maples and Nuggets is the same as for Kruggrands. However the fineness for Maples and Nuggets is 999.9 but 916.6 for Krugerrands. In Hong Kong, the prices are not the same with the Kruggerand selling/buying for around US$50 less. Why would someone buy Kruggers (with less gold content) than maples/nuggets if they are selling at the same price or conversely why would someone sell them at the same price? They all have the same gold content, 1 troy ounce or 31.1grams. Its just that the krugerrand has some copper in it as well which makes it larger and slightly heavier than 31.1g. Link to comment Share on other sites More sharing options...
Jake Posted February 4, 2010 Report Share Posted February 4, 2010 What I find interested about those prices is that the buy price for Maples and Nuggets is the same as for Kruggrands. However the fineness for Maples and Nuggets is 999.9 but 916.6 for Krugerrands. In Hong Kong, the prices are not the same with the Kruggerand selling/buying for around US$50 less. Why would someone buy Kruggers (with less gold content) than maples/nuggets if they are selling at the same price or conversely why would someone sell them at the same price? I think you'll find that the Kruggers and maples/nuggets both have the same AMOUNT of gold in them (gold content). 1 Troy ounce. The difference in price comes with the popularity/mintage/desirability/aesthetics/collectors value of lets say nuggets over Kruggerands. Many people consider Kruggers 'ugly' coins and tarnished by memories of aparteid etc...Thus the buy price is the same, 1 troy ounce of gold. Some people like the fact that some coins are 999.9 rather than 999.5 or 916.6 but it just means that they are softer and easier to be damaged. When buying gold coins, unless you are into numismatics, (and there IS a time for that but not now perhaps) always buy the cheapest IF you are thinking about re-selling them in the future. One ouce of gold bullion is one ounce of gold bullion. You'll only get spot or there abouts whether it be a Krugger or anything else. If you cna buy them for 50 dollars off in HK, then I would load up with them. Link to comment Share on other sites More sharing options...
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