if you’re only imagining you might want a word or two with your fund manager :acne:
Type: Posts; User: tiny73
if you’re only imagining you might want a word or two with your fund manager :acne:
How far to the left is the decimal point in this?
Maybe the US dollar just lost 35% of its purchasing power? It is said that gold does not appreciate or depreciate, only the currencies it’s priced in do that. (Physical holder since $1100)
Sprott Silver Trust filing for $1.5bn of physical silver for delivery (8.8% of annual production) causing a massive short squeeze on silver. It’s got some catching up to do with gold in addition.
Historically the ratio Tends to revert to ~45:1 reflect the relative abundance of each metal in the earths crust. There are long periods where this ratio hasn’t held true, however.
he doesn’t fraternise with the staff? 😂😂
I’m sitting on cash right now waiting for an opportunity to buy in lower (more of an investor than a trader) and everything on my watch list is up by double, and in some cases triple digit %’s.
...
“Gold is money, everything else is credit”; J P Morgan. He seemed to know a thing or two, right?
I see gold as a hedge against inflation and currency devaluation which considering the significant...
Sorry I wasn’t clear. The premium over the spot price (per oz.) when I was buying physical a few years ago was only around £15 or so ( I’m buying ounce bars rather than kilos, I’m not skyman you know...
Fair enough but have you seen the £80+ per oz premium over spot on the likes of coininvest? That premium was only around £15 when I was buying at £800 or so per oz.
Availability is also pretty...
The price of paper gold is dropping. Take a look at the price and availability of physical gold.