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Gold strategy in the current economy


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16 minutes ago, Locke said:

Wouldn't it depend on the direction also? Large volumes both sell and buy side would churn rather than move in either direction.

Yes, but for sake of a bit of hypothetical whatiffery fun......how many ounces would have to be bought to move the market $100 up?

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2018 could be the year for gold https://www.goldmoney.com/research/goldmoney-insights/popular/2141-2018-could-be-the-year-for-gold

Always my experience as well, so I second your recommendation.

It's entirely  dependant on what you are comfortable with. And obviously how much you would need on hand in the effect of something seriously drastic happening.

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56 minutes ago, Pop321 said:

Understood and thx.

The level of expertise, debate and consideration of wider factors on this huge thread is much deeper than my knowledge re gold and I would bow to it  

Mine is just a surface 2D viewpoint and its definitely feeling jittery. 

I think we agree... there is a lot of fear out there... no one can quite believe what is happening and gold's safe haven play is unfolding.

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27 minutes ago, Warlord said:

Go on then.. short it ... mug 

All markets correct and showing some humility means we all end up with less egg on our face. I'd like to think we've moved on from just being a goldbug thread... 

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2 minutes ago, Huggy said:

Let's hope any time between Jan-Oct 2017 ?

...and in fact (probably) most of November

its time to turn the shiny stuff and worthless 1`s and 0`s in to hard fiat cashola soon 

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43 minutes ago, Killer Bunny said:

You’ll be embarrassed in 5,4,3... and EVERYONE will see.

 

43 minutes ago, Warlord said:

Go on then.. short it ... mug 

Can't we at least keep it civil? No need for insults when we can just look at what happens in 3 months.

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47 minutes ago, Killer Bunny said:

Lots of FOMO going on. Unsustainable.

Sub 1800 coming.

Never see sub $1800 again. No chance, Wait, this is the Gold thread right? My bad, was thinking of Bitcoin, yes yes you lot are due a huge 30% correct anytime soon. Just HODL. 

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13 minutes ago, longgone said:

its time to turn the shiny stuff and worthless 1`s and 0`s in to hard fiat cashola soon 

Maybe at some point, and defenitely when i can retire on the profits, but at the moment will continue to hodl the godl (and the silver, and the BTC, and everything else), and I just have a better feeling* about these than cash. I'm still keeping a hefty chunk of cash just in case, and that will see me through any long term unemployment if it happens. High inflation is not an impossible event so I have to have some kind of backup.

* No logical explanation of this feeling, just a general all-permeating impending doom feeling, that sort of thing.

Edited by Huggy
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17 minutes ago, longgone said:

its time to turn the shiny stuff and worthless 1`s and 0`s in to hard fiat cashola soon 

Do you invest in anything other than pound sterling? You seem to be negative towards any asset that goes up against it

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54 minutes ago, Warlord said:

Go on then.. short it ... mug 

Short? Don’t be ridiculous. Sold half miners though, after 160% rally.

Up or down - can’t lose. #investing

Edited by Killer Bunny
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12 minutes 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.

2 months.

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3 minutes ago, Warlord said:

Fair enough but according to some they have a way to go..

Your God Schiff says $50 silver this time. #Charlatan 

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  • 418 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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