Gold

[scooterscot]

Forget something did we?

By John Ficenec 11:10AM BST 21 Jul 2015

[DimPrawn]

Gold Extends Record Peak Above $1,530

HTH

Why is the gold price falling and where is it going next? - Telegraph

The spot price of gold slumped by more than 4pc to $1,086 an ounce in overnight trading after traders sold 57 tonnes of gold in Shanghai and New York, choosing the moment of minimum market liquidity in what appears to have been a targeted attempt to hit prices hardest.

Gold has been steadily falling since a peak of $1,900 an ounce in September 2011. As the sell-off this morning passed the important barrier of $1,100 an ounce for the first time in five years, it triggered stop-loss orders, which traders put in place to limit their losses by automatically selling when the price reaches a predetermined level. That caused the price to drop even more sharply.

[AtW]

That he'd made pots of money. And you haven't.

No, he had not made lots of money - he still keeps them in gold, and even if he sold he'd make more dollars that depreciated against other currencies.

HTH

[OwlHoot]

And your point is?

That he'd made pots of money. And you haven't.

[AtW]

Gold Extends Record Peak Above $1,530

HTH

And your point is?

[d000hg]

In the Dubai airport, you could buy 1Kg gold bars in duty-free. I would have loved to be able to afford it, the idea seems pretty cool.

Plus shopping malls have these dotted around:

[TimberWolf]

And there she blows. Gold smashes through the £30,000 / kg barrier. Up £500/kg in a day.

[DimPrawn]

No - I was hoping you'd flounce off

Gold Extends Record Peak Above $1,530

HTH

[AtW]

Have I touched a nerve.

No - I was hoping you'd flounce off

[DimPrawn]

Good that you enjoy your delusions, why shout about it every time you buy an ounce of gold "allocation"?

Nobody gives a fook about your fantasy investments - even if they are real, which I doubt very much, they just make you sound totally pathetic - move back to Swindon ffs, and regain your self esteem and start earning money via IT contracting for Gods sake - maybe even go back to Microsoft, I hear they are increasing permie salaries and God you'll make a good permie!

Have I touched a nerve.