markyh Posted August 5, 2020 Share Posted August 5, 2020 3 minutes ago, Killer Bunny said: Short? Don’t be ridiculous. Sold half miners though, after 160% rally. Up or down - can’t lose. #investing This is the bought Bitcoin for $11 , sold it for $30 , 172% gain, im so smart, cant lose, school of investing. Now watch the price sail away and you never buy in again because the price is "to high". Quote Link to comment Share on other sites More sharing options...
Warlord Posted August 5, 2020 Share Posted August 5, 2020 2 minutes ago, Killer Bunny said: Your God Schiff says $50 silver this time. #Charlatan That's his call he says resistance at 30 then a run to 50. I Quote Link to comment Share on other sites More sharing options...
warpig Posted August 5, 2020 Share Posted August 5, 2020 up $70/oz in 24 hours... Quote Link to comment Share on other sites More sharing options...
LetsBuild Posted August 5, 2020 Share Posted August 5, 2020 I like to use Google trends as a barometer of what is going on. Searching gold and silver shows decaying interest, search gold prices shows a small spike (nothing compared to March though) silver prices are showing a spike like that of March. This overall tells me that general interest has not hit mainstream and should have further to go (mania phase). Quote Link to comment Share on other sites More sharing options...
reddog Posted August 5, 2020 Share Posted August 5, 2020 5 minutes ago, LetsBuild said: I like to use Google trends as a barometer of what is going on. Searching gold and silver shows decaying interest, search gold prices shows a small spike (nothing compared to March though) silver prices are showing a spike like that of March. This overall tells me that general interest has not hit mainstream and should have further to go (mania phase). Good research!! From what I have seen, even quite financially literate people, know nothing about gold. Quote Link to comment Share on other sites More sharing options...
Warlord Posted August 5, 2020 Share Posted August 5, 2020 1 hour ago, Locke said: Can't we at least keep it civil? No need for insults when we can just look at what happens in 3 months. I'm just messing around.. I don't mean any offence. I like @Killer Bunny the place has livened up since he's been back and he offers predictions /forecasts which very few people would . Quote Link to comment Share on other sites More sharing options...
reddog Posted August 5, 2020 Share Posted August 5, 2020 Question about price rises: If gold hit (just for example) $3000/oz, would you: a) stop buying gold (or reduce buying considerably) or b) start buying more gold Quote Link to comment Share on other sites More sharing options...
longgone Posted August 5, 2020 Share Posted August 5, 2020 1 hour ago, dannyf said: Do you invest in anything other than pound sterling? You seem to be negative towards any asset that goes up against it Not really but then i believe every asset and financial function of society is rigged. sure you can win and lose money but do i believe i am wiser than the next and it is a natural phenomenon if i did NO. Quote Link to comment Share on other sites More sharing options...
Huggy Posted August 5, 2020 Share Posted August 5, 2020 2 minutes ago, reddog said: Question about price rises: If gold hit (just for example) $3000/oz, would you: a) stop buying gold (or reduce buying considerably) or b) start buying more gold I'd be less likely to buy. Higher prices mean a greater chance of my gold holding forming too large a proportion of my total investments. While it's quite high at the moment for me (15% or therabouts), $3k means it'll be over 20%. Quote Link to comment Share on other sites More sharing options...
Warlord Posted August 5, 2020 Share Posted August 5, 2020 (edited) I've stopped buying since June, regrettably. I dont know what to do to be honest. Just going to hodl and see. Here's my last order 2020 Gold Sovereign Bullion Coin 2 £352.95 £705.90 Edited August 5, 2020 by Warlord Quote Link to comment Share on other sites More sharing options...
Locke Posted August 5, 2020 Share Posted August 5, 2020 7 minutes ago, Warlord said: I've stopped buying since June, regrettably. I dont know what to do to be honest. Just going to hodl and see. Here's my last order 2020 Gold Sovereign Bullion Coin 2 £352.95 £705.90 I remember buying those at 175 each. Ughhhhh Quote Link to comment Share on other sites More sharing options...
Warlord Posted August 5, 2020 Share Posted August 5, 2020 1 minute ago, Locke said: I remember buying those at 175 each. Ughhhhh I'm sure your not complaining ! Have you sold any or just holding long term like myself? Quote Link to comment Share on other sites More sharing options...
Locke Posted August 5, 2020 Share Posted August 5, 2020 6 minutes ago, Warlord said: I'm sure your not complaining ! Have you sold any or just holding long term like myself? Well, I was poorer back then, so I couldn't get much. I also thought buttcoins were a steal at £700, but didn't have the cash for them then either. I feel quite sick, because although the price of some of my stuff is going up, it means that things generally are getting worse ? Quote Link to comment Share on other sites More sharing options...
Warlord Posted August 5, 2020 Share Posted August 5, 2020 1 minute ago, Locke said: Well, I was poorer back then, so I couldn't get much. I also thought buttcoins were a steal at £700, but didn't have the cash for them then either. I feel quite sick, because although the price of some of my stuff is going up, it means that things generally are getting worse ? Schiff makes the same point in his latest podcast: https://www.housepricecrash.co.uk/forum/index.php?/topic/166794-gold-strategy-in-the-current-economy/&do=findComment&comment=1103611896 Quote Link to comment Share on other sites More sharing options...
Gigantic Purple Slug Posted August 5, 2020 Share Posted August 5, 2020 Wherever the limit is its not at 2050. Quote Link to comment Share on other sites More sharing options...
Fishfinger Posted August 5, 2020 Share Posted August 5, 2020 2 hours ago, Locke said: I remember buying those at 175 each. Ughhhhh Mine were £98 and an oz was £320 back in 2006... Quote Link to comment Share on other sites More sharing options...
Fishfinger Posted August 5, 2020 Share Posted August 5, 2020 3 hours ago, reddog said: Question about price rises: If gold hit (just for example) $3000/oz, would you: a) stop buying gold (or reduce buying considerably) or b) start buying more gold or c) Ho's, coke & Vegas ? If you buy in around $3,000 it might be more about wealth preservation than any potential higher capital gains. Quote Link to comment Share on other sites More sharing options...
headmelter Posted August 5, 2020 Share Posted August 5, 2020 (edited) 13 minutes ago, Fishfinger said: Mine were £98 and an oz was £320 back in 2006... Ah.....those were the days.... & Ag Maples @ £9 a pop.... 10 minutes ago, Fishfinger said: or c) Ho's, coke & Vegas ? If you buy in around $3,000 it might be more about wealth preservation than any potential higher capital gains. I'd be content if the new floor was £2,500.... but I think it might end up higher so I intend to keep buying the dips... When they eventually arrive... Edited August 5, 2020 by headmelter Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 5, 2020 Share Posted August 5, 2020 4 hours ago, Locke said: Can't we at least keep it civil? No need for insults when we can just look at what happens in 3 months. Muting you now. How dare you tell me how to post? Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 5, 2020 Share Posted August 5, 2020 3 hours ago, Warlord said: I'm just messing around.. I don't mean any offence. I like @Killer Bunny the place has livened up since he's been back and he offers predictions /forecasts which very few people would . Fine and what will you do if you’re wrong and I’m right given you laughed at me? Rude. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 5, 2020 Share Posted August 5, 2020 3 hours ago, reddog said: Question about price rises: If gold hit (just for example) $3000/oz, would you: a) stop buying gold (or reduce buying considerably) or b) start buying more gold If Gold takes out 3000US next year, strongly, it will be bubble and you could expect 7-10k by H1 22. Quote Link to comment Share on other sites More sharing options...
Silverfinger Posted August 5, 2020 Share Posted August 5, 2020 (edited) I told all of you 13 (or so) years ago that these days would come. So. Now that we took $2,000, here are the next stops: Gold awakens. -- > $5,000 Then the bond market starts "diversifying" into gold = putting Niagara Falls through your garden hose, thus leading to final stop: --> Edited August 5, 2020 by Silverfinger Quote Link to comment Share on other sites More sharing options...
Silverfinger Posted August 5, 2020 Share Posted August 5, 2020 Who else bought Pt at $600 a few months ago? ? Quote Link to comment Share on other sites More sharing options...
Silverfinger Posted August 5, 2020 Share Posted August 5, 2020 (edited) 7 hours ago, Gigantic Purple Slug said: Doesn't feel like $2000 was a significant price point for the market, at least in the short term. Be interesting to see where this runs out of steam. I think the market is looking for much rounder numbers here: $5,000, $10,000, ... you get the picture. Edited August 5, 2020 by Silverfinger Plural added. Quote Link to comment Share on other sites More sharing options...
Silverfinger Posted August 5, 2020 Share Posted August 5, 2020 8 hours ago, warpig said: $2,035 and still going... I think we promised we'd wake G0ldfinger up when gold spikes $100 in a day. We're getting close... Mwuahahah, guess who's back?! I woke up anyway. Quote Link to comment Share on other sites More sharing options...
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