Crashley Banjo Posted August 4, 2020 Share Posted August 4, 2020 14 hours ago, Doesn't Commute Anymore said: Thanks to FF and TMBTL for the advice. I bought so many years ago, I had lost touch with whom was best to trade with. Both were efficient and reasonable in terms of offers. Gold is sellable anywhere, silver again no problem but too bulky to rucksack if you have even a low 1000s stash, platinum harder to find a buyer but HGM were good and offered fair. COVID-19 means slow progress in waiting for the small ATS office to be clear (only one customer at a time). I am currently bullion-free for the first time since college years, which was many many years ago, but I have more urgent need for the money. (in those days, grants still existed a bit and you were deducted any cash savings in your award, so I used to buy Britannias from summer work and declare no cash savings) did you find anywhere that offered good prices for buying gold there ? Quote Link to comment Share on other sites More sharing options...
Gigantic Purple Slug Posted August 4, 2020 Share Posted August 4, 2020 15 hours ago, Doesn't Commute Anymore said: Thanks to FF and TMBTL for the advice. I bought so many years ago, I had lost touch with whom was best to trade with. Both were efficient and reasonable in terms of offers. Gold is sellable anywhere, silver again no problem but too bulky to rucksack if you have even a low 1000s stash, platinum harder to find a buyer but HGM were good and offered fair. COVID-19 means slow progress in waiting for the small ATS office to be clear (only one customer at a time). I am currently bullion-free for the first time since college years, which was many many years ago, but I have more urgent need for the money. (in those days, grants still existed a bit and you were deducted any cash savings in your award, so I used to buy Britannias from summer work and declare no cash savings) How do they transfer the cash ? Is it immediate into the bank account or cash in hand ? Quote Link to comment Share on other sites More sharing options...
Gigantic Purple Slug Posted August 4, 2020 Share Posted August 4, 2020 Looks like the sharp rises of the past two weeks are coming to an end, and it is plateauing around 1970-1980. What next ? Quote Link to comment Share on other sites More sharing options...
Crashley Banjo Posted August 4, 2020 Share Posted August 4, 2020 14 hours ago, Doesn't Commute Anymore said: Thanks to FF and TMBTL for the advice. I bought so many years ago, I had lost touch with whom was best to trade with. Both were efficient and reasonable in terms of offers. Gold is sellable anywhere, silver again no problem but too bulky to rucksack if you have even a low 1000s stash, platinum harder to find a buyer but HGM were good and offered fair. COVID-19 means slow progress in waiting for the small ATS office to be clear (only one customer at a time). I am currently bullion-free for the first time since college years, which was many many years ago, but I have more urgent need for the money. (in those days, grants still existed a bit and you were deducted any cash savings in your award, so I used to buy Britannias from summer work and declare no cash savings) did you find anywhere that offered good prices for buying gold there ? Quote Link to comment Share on other sites More sharing options...
markyh Posted August 4, 2020 Share Posted August 4, 2020 1 hour ago, Gigantic Purple Slug said: Looks like the sharp rises of the past two weeks are coming to an end, and it is plateauing around 1970-1980. What next ? Both good decades, imho. Quote Link to comment Share on other sites More sharing options...
warpig Posted August 4, 2020 Share Posted August 4, 2020 1 hour ago, Gigantic Purple Slug said: Looks like the sharp rises of the past two weeks are coming to an end, and it is plateauing around 1970-1980. What next ? Barring any exceptional news - it looks like its run its course for now. For this to be sustainable - it needs to retest and consolidate. I think that's it until September. Quote Link to comment Share on other sites More sharing options...
Fishfinger Posted August 4, 2020 Share Posted August 4, 2020 13 hours ago, LetsBuild said: I reckon you are a factor of 10 out. 1500 = 46.7kg, still very heavy mind! Unless you mean those big 10oz coins and I’ll give it to you ? I'm a child of the 70's so I stumble between metric and imperial but I do know that 1,000ML is a mile ?? Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 4, 2020 Share Posted August 4, 2020 (edited) 1 hour ago, Gigantic Purple Slug said: Looks like the sharp rises of the past two weeks are coming to an end, and it is plateauing around 1970-1980. What next ? I’ve said. While everyone got uber bullish, I’ve been saying 1800US, after 2000 test, maybe lower. Then 2500-3000 next year. Sold half my miners in last week. Edited August 4, 2020 by Killer Bunny Quote Link to comment Share on other sites More sharing options...
headmelter Posted August 4, 2020 Share Posted August 4, 2020 12 minutes ago, warpig said: Barring any exceptional news - it looks like its run its course for now. For this to be sustainable - it needs to retest and consolidate. I think that's it until September. I'm still hopeful for a reasonable pullback.... My timing has always been sh1te & really want to avoid buying at the current 'height'. Quote Link to comment Share on other sites More sharing options...
warpig Posted August 4, 2020 Share Posted August 4, 2020 7 minutes ago, headmelter said: I'm still hopeful for a reasonable pullback.... My timing has always been sh1te & really want to avoid buying at the current 'height'. I've got a fair bit of money sitting on the sideline as well... I think it will - but these are exceptional times considering the government have seized dictatorial powers with the Coronavirus Act 2020... Quote Link to comment Share on other sites More sharing options...
Dreamcasting Posted August 4, 2020 Share Posted August 4, 2020 57 minutes ago, warpig said: Barring any exceptional news - it looks like its run its course for now. For this to be sustainable - it needs to retest and consolidate. I think that's it until September. Retest and consolidate what? Quote Link to comment Share on other sites More sharing options...
warpig Posted August 4, 2020 Share Posted August 4, 2020 50 minutes ago, Dreamcasting said: Retest and consolidate what? Short answer = price. Long answer = when a price point breaks through long term resistance, that line of resistance won't become support until the price is retested. It means the price pulls back to the same level and bounces higher again. The new line in the sand has to hold. A consolidation is where it sits patiently above that price point so the gains are less pronounced over time and then it should go higher again at a later point. Quote Link to comment Share on other sites More sharing options...
Dreamcasting Posted August 4, 2020 Share Posted August 4, 2020 If there is any sort of manipulation, which there is in the PM markets (at least in the paper market), then there can't be any retest and consolidate though. Quote Link to comment Share on other sites More sharing options...
headmelter Posted August 4, 2020 Share Posted August 4, 2020 2 hours ago, warpig said: I've got a fair bit of money sitting on the sideline as well... I think it will - but these are exceptional times considering the government have seized dictatorial powers with the Coronavirus Act 2020... I'm in a similar position... All currency sitting in the bank, making me feel slightly uneasy, as I wait impatiently... I agree these are exceptional times but 2008 was an exceptional time too so I'm hopeful things will follow a similar path giving us a final buying opportunity before catapulting on the next leg up... Quote Link to comment Share on other sites More sharing options...
warpig Posted August 4, 2020 Share Posted August 4, 2020 2 minutes ago, Dreamcasting said: If there is any sort of manipulation, which there is in the PM markets (at least in the paper market), then there can't be any retest and consolidate though. Just look at a chart, you can see it everywhere... either resistance becomes support or support becomes resistance as the price breaks through. Quote Link to comment Share on other sites More sharing options...
warpig Posted August 4, 2020 Share Posted August 4, 2020 8 minutes ago, headmelter said: I'm in a similar position... All currency sitting in the bank, making me feel slightly uneasy, as I wait impatiently... I agree these are exceptional times but 2008 was an exceptional time too so I'm hopeful things will follow a similar path giving us a final buying opportunity before catapulting on the next leg up... Odds are we'll get a resistible pullback... I suspect we've just seen a short term blow off top as shorts cover. Quote Link to comment Share on other sites More sharing options...
warpig Posted August 4, 2020 Share Posted August 4, 2020 Spoke too soon... it's off again! Quote Link to comment Share on other sites More sharing options...
warpig Posted August 4, 2020 Share Posted August 4, 2020 36 minutes ago, warpig said: Odds are we'll get a resistible pullback... I suspect we've just seen a short term blow off top as shorts cover. ... ^^ ... "respectable" "resistible" - Ruddy spullchuck... ? Quote Link to comment Share on other sites More sharing options...
LetsBuild Posted August 4, 2020 Share Posted August 4, 2020 1 hour ago, warpig said: Spoke too soon... it's off again! I was just reading this thread then thought I would check and gold is a gnats off $2000 and silver is $25.50 ? Quote Link to comment Share on other sites More sharing options...
headmelter Posted August 4, 2020 Share Posted August 4, 2020 1 hour ago, warpig said: Spoke too soon... it's off again! I normally see myself as a contraindicator but you've stole my thunder today...? Quote Link to comment Share on other sites More sharing options...
warpig Posted August 4, 2020 Share Posted August 4, 2020 Just now, headmelter said: I normally see myself as a contraindicator but you've stole my thunder today...? ?If that's all it takes then I'll try it again... I think gold has made an interm top circa $2k (fingers crossed!) Quote Link to comment Share on other sites More sharing options...
headmelter Posted August 4, 2020 Share Posted August 4, 2020 2 minutes ago, warpig said: ?If that's all it takes then I'll try it again... I think gold has made an interm top circa $2k (fingers crossed!) 2 'interim tops' inside a fortnight... I'll wait until tomorrow before making a commitment...? ... I'm still expecting a pullback albeit by not as much... Quote Link to comment Share on other sites More sharing options...
warpig Posted August 4, 2020 Share Posted August 4, 2020 (edited) 2 minutes ago, headmelter said: 2 'interim tops' inside a fortnight... I'll wait until tomorrow before making a commitment...? ... I'm still expecting a pullback albeit by not as much... Really hard to say how much, but it will... So close... to $2k - I can smell it! Edited August 4, 2020 by warpig Quote Link to comment Share on other sites More sharing options...
Gigantic Purple Slug Posted August 4, 2020 Share Posted August 4, 2020 Tha she blows. Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted August 4, 2020 Share Posted August 4, 2020 Just now, Gigantic Purple Slug said: Tha she blows. Cant hear that fat lady yet Quote Link to comment Share on other sites More sharing options...
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