Originally posted by Jog On
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Is there no end to the bad news? -
It looks like things are starting to unravel in Europe and the US. We've had our rock bottom realisation and started doing something about it - over there it looks like the pennies are starting to drop.Originally posted by TimberWolf View Post
Meanwhile safe haven countries are putting electrified barbed wire fences around their currencies saying "Oh no you f**king don't"..."Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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Gold Bullion Gains, Money Markets "Have Almost Stopped Functioning", ECB & BoE Leave Rates On Hold | Gold News
"The situation is very, very bad, the money markets have almost stopped functioning"Comment
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Oh dear.Central banks from around the world may soon announce an international programme to pump money into the global economy in an attempt to stave off an economic depression.
Warning over growth slump - Telegraph
Ah right, print money, increase interest rates by 0.00000001%, make big song and dance about the latter. Sorted.However, it indicates that the Bank of England should begin increasing interest rates this year as the country faces a major economic threat from rising inflation.Comment
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Got 4 long positions (green dashed lines) on since yesterday targeting 1900 - not expecting much more than that but if if it happens I'll get back in and load up some more.
Stop loss (red dashed line) is above the 3rd position.
This is what can only be described as "financial porn"
"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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Good news broken? Nose-dive city Arizona.Comment
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"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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You'll end up going grey early or something day trading gold. So volatile. I'm glad to be out, though not so happy to be holding rapidly debasing pounds instead. Not as unhappy as DP though I suspect, who allegedly has a million of the miserable suckers.Originally posted by Jog On View Post
That was one heck of a move!Comment
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I'm looking to spreadbet long on gold if it falls to around the 1800 mark and doesn't break this level.Originally posted by TimberWolf View PostComment
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That (~£36,000/kg)'s higher than you sold out for (~£31,000/kg?) in early august?Originally posted by DimPrawn View PostComment
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