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The latest stimulus package was held up giving strength to the dollar and so lower gold. But stimulus will come because once markets get addicted to cheap money and no interest, they cannot function without more cheap money until the currency debases way below what it is now. So Gold must go up over time.
Jointhedots...I am thinking of investing here. As you have been here a while where do you see the price over a 6 months to a year. It does seam good with the gold price and a new vein being brought online.
https://www.youtube.com/watch?v=t8WL2ejzN7I&feature=push-u-sub&attr_tag=iZSB8R5p8EeuF-_1%3A6&ab_channel=ShareTalk
Go to 5.25min on bar
Very good article from Alisdair McCleod....It is a bit long but it does describe who buys and sells in London and New York and why in his view the bullion banks and CB's are in trouble.
https://www.goldmoney.com/research/goldmoney-insights/gold-at-2k-so-why-the-fuss
Suggest you try Bairds & Co of London. You will need to contact them for price. If you hold in Bairds account with them they will buy over the phone I believe direct from your account. I have used them in the past. Many jewellers will also give good price but you will have to haggle. If you get 6% of spot price you will have a very good deal. I presume you bought realm currency coins to avoid CGT. I have sold twice and bought three times and currently a holder. I sold first via Ebay. I listed one coin and said I had 19 more. The buyer took the lot. I used to store Sovereigns at home within fake central heating pipes in front of everybody's eyes. I might also suggest coins pass through airport scanners, as coins in a purse attract no interest, if thinks get difficult. Golden You might consider relocating to Cyprus. No tax on shares or Gold plus no winter. I bought Gold $1250, Silver not so good $25. Hope this helps.
This is nice to read....
https://www.zerohedge.com/commodities/record-amount-physical-gold-was-just-delivered-comex-heres-why
GBalls....It is strange you mention that. My son is getting married and they both wanted white Gold. I suggested they get platinum as its cheaper to have Platinum instead of 18ct Gold. particularly as the gold has to be rhodium plated. They have Platinum now.
At this rate the metal in a ladies ring is going to be worth more than the gem stones. $2000 will be MSM newsworthy. It is perfectly possible to achieve this, this week, and if we do I think it will move onwards again at a greater pace.
Dam nearing finish, with threats and intrigue. Worth a read.
https://www.dailymail.co.uk/news/article-8525233/The-dam-start-war-Egypt-Ethiopia.html
We will get a boost if the cash appears but a re-rate???...Not for me. I believe Harry will have to deliver a mine on time and to budget. Perhaps even a Q1 results. The only factor that could change is a general rush into Gold across the board which I believe will surely come. Sorry lack of faith, Africa etc....this has restricted my investment but good luck and lets hope your faith is better and more rewarding to us both.
Positive.....I am not calling you any names or Harry but having been here for several years and several RNS and webinars later, well. You ask why we are under valued, try years of "We would have done "A" but we didn't". Management have not delivered on time. When managers do deliver on time people have faith, fortunately I have patience. I go back further than Dec 19....
NG I hold Gold and Silver in metal on a 1 to 10 ratio. I have a keen eye on Silver but I do not expect demand to come from energy but investment. When gold gets to pricey then silver will move as people buy in to what they can afford. If we get to 40 to 1 gold/silver price ratio then l'm out. The last run it made 33 to 1 ...I think from memory . Goldenbull it is a pain store but its easy to move as it only shows on the airport scanner as loose change and mostly no tax.