A thread for all those who wish to discuss GOLD - the investment of and related discussions that can effect GOLD as an investment or simply how to invest in it. All welcome from other websites.

Jkd - ty. Someone said something about gold settlements at end of month at 1420?

So how would that impact pog?

Was it agreed (hedged) at that price.

? They have to settle at that price.

Someone's got caught out or not?

Not long to find out.

Someone mentioned 27th June 2013!

when did they say this?
It is not 27th June 2013!

Last week - I'll try to find the link. Might be on the other site.

its a bit quiet on this thread.
why so?
regards
jkd

It seems gold is sparse now. I suppose we should ask why is gold so sparse?

Full page article in The Times on Saturday on why gold is a busted flush , followed today with small piece in business section editorial essentially saying the same thing though saying the fall is the volatile market shaking the "fast" money loose.What gets no mention is the "contradictory" upsurge in physical demand at these prices current prices.
Added my own small contribution to that getting some sovs from HGM for £191 this week.Seeing them below £200 was too much of a temptation.
Their stocks have been very limited for weeks - and I have noted that each day they seem to sell nearly all stock.
Obviously Im not the only idiot.

Glyn - we sit on the other side of 2013 now. H2 - I like it much better. Things are definitely going to heat up and for many reasons PMs are going to fly much higher. I love my gold - totally and won't be selling it for a very long time. Got some beautiful pieces of jewellery plus bars. BUT I honestly think silver will be the magic wand - the ratio to gold will be astounding I feel.

It's high time too.

I'll try to find a gold:silver ratio chart for the top of the thread. It could be a fascinating thing to watch.......

This is an interesting video:

The Alphabet vs. The Goddess Lecture by Dr. Leonard Shlain

http://www.youtube.com/watch?v=2QQuD62RxrU

Another interesting video:
http://www.youtube.com/watch?v=QuANDlrTHyI

Flyingswan - just watched the first video. Thank you - it confirms so much for me. Not least that my instincts & intuition are my best friends. I needed that. What a brilliant surgeon.

Have you given up squirrel?

Given up on what?

Victoria Grant - Public Banking 2013: Funding the New Economy, June 3rd 2013:
http://www.youtube.com/watch?v=GoooTyA6aJg

On this thread.

Max - still here. Sometimes we just have to sit & hold on.

Indeed squirrel, but where have all the punters gone?

Not just here, the other side is knackered too!

Good. Maybe we enter a new phase of real investors.

Like - really rich ones ;-)

DeutscheBank comment today:
"The market response to the publication of the FOMC minutes, and to statements by Fed Chairman Bernanke, saw gold not only overtake our key bullish trigger point, but saw it run almost immediately to the initial target just short of $1300. The latest guidance from the US central bank suggested some considerable polarisation between members of the FOMC about the pace and start date of tapering. If the polarisation is along voting lines – voting members more dovish than non-voters – as some commentators have already mooted, then markets may have overestimated the likelihood of reduced asset purchases starting already in September. Chairman Bernanke’s statement also downplayed the recent US jobs numbers, which he said over-flattered the employment situation, and expressed some concern about the low level of inflation. The Fed is falling short on both its targets, he conceded, and this ought to imply more accommodative policy. So the Fed has re-confirmed that, like every other major central bank in the world, it will maintain its low-rate policy for an extended period. The timing and pace of any tapering has also been pushed back. The boost to the gold price in response to the prospect of more printed money has to be tempered by the recognition that other asset prices might rise too. Over the first half of the year, much of the discontent in the gold market came from investors who saw stock market returns massively outpace those in the precious metal. Nonetheless, we do see the prospect of further gold price gains now to 1332.00 and then to 1350.00 (tougher supply). To the downside, we see the 1257.00/64.00 zone as representing very robust demand."