Wt Phys Gold � Discussion Threads

[k mon] 14/6/2019 23:27

Timmmmme !!! .. Gentlemen Please ... Drink up..

The Trains about to Leave...


[Look at the monthly Chart .. ... Go Back to at leats 2007

... Lots & Lots of Pent up Energy there ..

From 2008 to 2011 .. this thing shot up from 4k to 11k ... in 3 years..


For almost 10 years now .. the Price of Gold .. & this instrument
has been storing up energy
... for the next 'Quake'..


- Look up a 'Cup & Handle'.. chart formation..

What do you see .. in that chart..?


Drink up..

[ifthecapfits] 01/6/2019 13:41

It's time will come again.

[luderitz] 31/5/2019 23:43

Surprised no ones on this.

[henryatkin] 30/1/2019 15:46

. wrong thread

[ttjohns] 27/2/2014 10:49

Nice rise since the start of 2014 - will it carry on toward £90 ?

[binladin] 16/4/2013 11:54

i reckon this will be shorted all the way to 1000usd.......

[binladin] 15/4/2013 16:08

this is the bottom and people will buy in from here....

[jaywhy] 15/4/2013 13:48

It looks like a number of events have conspired to hammer precious metals over the last two days, the main ones being:-

- China's growth rate lower than expected - reduces demand for base metals and oil so precious metals take some of the flak as well
- Cyprus is being encouraged to sell its gold reserves to contribute towards its bail-out and some think that other troubled economies could be asked to do the same, producing a glut of gold on the market
- Japanese QE will boost Japanese stocks and bonds so people take their money out of gold and invest in the world's third largest economy to give them a better short term return than gold

Also, some say that the US dollar will strengthen as the US shows signs of coming out of recession. But this is a phoney recovery paid for by QE of $85 billion a month.

And the events in China, Cyprus and Japan will all lead to more money printing. In other words the case for holding gold is stronger than ever with most of the western world racing to destroy their paper currencies and promote inflation to reduce the real value of their debt.

I agree with binladin - this will go up again at some point - and probably the big merchant banks will get in at the bottom after telling their clients to short gold before the sell off.

It looks like we're heading into rougher waters - gold and silver are still the best insurance.

[binladin] 15/4/2013 12:40

this will go up now....

[k mon] 19/3/2013 10:52

Thanks for that,

- I'm also looking into a SIPP linked to GoldMoney,
[of James Turk fame]
which holds physical metal in vault, on your behalf.

Link Below (although you may have to copy & paste into your address bar -
my HTML is not great - so unable to make into a "live" link.)

[ifthecapfits] 19/3/2013 09:57

p.s. for what its worth I like MML, YAU, KEFI & KYS. Not without risk, but there is also risk in holding paper gold. I also hold a some physical in the sock draw.

[ifthecapfits] 19/3/2013 09:56

Mining shares surely?

[k mon] 19/3/2013 09:51

- watching & waiting LUDERITZ -

Although, as far as I can make out, only advantage of this instrument over physical, (for us small time players at least, - where a biscuit tin is all that is required) - is potential liquidity provided by this instrument.

- Security of value, in terms of the absolute, is after all
the only reason for holding Gold.

When & If the brown stuff hits the swirly thing, - How secure will this instrument be ? - & How liquid ?
- would it be sequestrated ? - have a quick short back & sides? - or just stop trading.?

- Not being facetious here, as I am trying to find a secure method of holding gold / Silver in my SIPP.

- If you know of one - I'd appreciate your view - (Others may too - I can't be the only lurker out there)

Either way ------ You are not alone :0)

[luderitz] 18/3/2013 14:16

No one else dabbling in this one?

[luderitz] 12/3/2013 14:28

Gold having a good day for some reason.

[luderitz] 28/2/2013 11:16

Answer to my own Q, Up and down 0-;

[luderitz] 26/2/2013 10:36

Gold taken a dive lately so interesting to see where it goes after the general market rise of late.

[notanewmember2] 19/2/2013 19:03

This forecast is for the next 3 months, do your own research.

GOLD£ - Neutral stance, until it closes weekly under £990/Toz I would be bearish, above £1100/Toz I would be bullish.

[luderitz] 23/1/2013 11:32

Thanks Freddie but I will stay with these.

[freddie ferret] 11/1/2013 17:22

There are some highly leveraged tools to hold gold, not sure if they are etfs or what. I've heard of something eight times leveraged, if you are a raving gold bull I would go for that.

[luderitz] 10/1/2013 21:56

Don't know yam but as PHGP is backed by real gold in vaults I concluded that it was one of the safest ways to hold shares in the stuff.

[yam114] 29/11/2012 15:10

is this the best way to buy gold other than holding coins?

[mallorca 9] 03/11/2012 11:32

I also use TD Direct Investing for these.

[luderitz] 28/9/2012 14:10

Barclays Stockbrokers do Scotbucks.