Dispassion Posted September 29, 2008 Report Share Posted September 29, 2008 $700bn bailout rejected. Do you have a link?!? Link to comment Share on other sites More sharing options...
Dispassion Posted September 29, 2008 Report Share Posted September 29, 2008 OMG I never saw that coming I'm guessing that it's not true http://news.google.co.uk/news?hl=en&um...8&scoring=n Link to comment Share on other sites More sharing options...
Justin Thyme Posted September 29, 2008 Report Share Posted September 29, 2008 Do you have a link?!? http://www.cnbc.com/id/26944410 Link to comment Share on other sites More sharing options...
headmelter Posted September 29, 2008 Report Share Posted September 29, 2008 DING, DING, ALL ABOARD..! Link to comment Share on other sites More sharing options...
electroweak Posted September 29, 2008 Report Share Posted September 29, 2008 http://www.cnbc.com/id/26944410 I know it's ~OT, but the DOW sank over 700points for a moment..!!! I think the BOVESPA (Brazil) just got halted after it dropped 10% Link to comment Share on other sites More sharing options...
confounded Posted September 29, 2008 Report Share Posted September 29, 2008 DOW plunge being used as pressure to get people to change their vote! DOW recovered 300 points but I doubt they will be telling the delegates that! Link to comment Share on other sites More sharing options...
sbatty333 Posted September 29, 2008 Report Share Posted September 29, 2008 Anyone got any views on Panda's, quite fancy the 2008 ones available from coininvest, they seem that bit shinier, which is always good. And I reckon they be that little bit more valuable in the future... ? Link to comment Share on other sites More sharing options...
Bosworth Posted September 29, 2008 Report Share Posted September 29, 2008 Anyone got any views on Panda's, quite fancy the 2008 ones available from coininvest, they seem that bit shinier, which is always good. And I reckon they be that little bit more valuable in the future... ? Novice here and a convert from HPC. Does the type of coin actually matter? Surely an Oz of gold is an Oz of gold and providing it's in a universally recognised format (and trusted as such) then the actual physical characteristics don't matter? The reason I ask is that the spreads on buy/sell of physical gold at my local dealer vary quite markedly. US Eagles seem chapest on both counts and that's what I'm minded to take home. Have I missed something? Link to comment Share on other sites More sharing options...
electroweak Posted September 29, 2008 Report Share Posted September 29, 2008 At Coininvestdirect: China Name: Gold Content: Buy Price: Netto Price: Brutto Price: . Panda 2008 1 oz GOLD 31.10 Gramm £500.54 £552.30 £552.30 A £52 spread on a 1 Oz coin... whoa...real gold is disappearing... Link to comment Share on other sites More sharing options...
headmelter Posted September 29, 2008 Report Share Posted September 29, 2008 Anyone got any views on Panda's, quite fancy the 2008 ones available from coininvest, they seem that bit shinier, which is always good. And I reckon they be that little bit more valuable in the future... ? Bought one about 4 weeks ago, mmmm.... very nice, it was more out of curiosity, the rest were krugs and maples. Link to comment Share on other sites More sharing options...
G0ldfinger Posted September 29, 2008 Author Report Share Posted September 29, 2008 DOW plunge being used as pressure to get people to change their vote! DOW recovered 300 points but I doubt they will be telling the delegates that! Great chart. Wow. The PPT in full action!! Link to comment Share on other sites More sharing options...
G0ldfinger Posted September 29, 2008 Author Report Share Posted September 29, 2008 At Coininvestdirect: A £52 spread on a 1 Oz coin... whoa...real gold is disappearing... 100% guaranteed. Link to comment Share on other sites More sharing options...
Dispassion Posted September 29, 2008 Report Share Posted September 29, 2008 Looks like the resistance at 910 is about to pop. Link to comment Share on other sites More sharing options...
BurningRingOfFire Posted September 29, 2008 Report Share Posted September 29, 2008 Novice here and a convert from HPC. Does the type of coin actually matter? Surely an Oz of gold is an Oz of gold and providing it's in a universally recognised format (and trusted as such) then the actual physical characteristics don't matter? The reason I ask is that the spreads on buy/sell of physical gold at my local dealer vary quite markedly. US Eagles seem chapest on both counts and that's what I'm minded to take home. Have I missed something? No. The type of coin doesn't really matter. An Oz of gold is an Oz of gold. Some people prefer some coins purely for aesthetic reasons. My advice is just go for the coin with the lowest dealer margin over spot. Usually this seems to be 1oz kruggerands, or maybe sovereigns (which are capital gains free if you are uk based). If you can get eagles cheaper than any other 1 oz coin then that seems good. I noticed coininvestdirect.com were doing a special offer on krugs recently. Shop around. Link to comment Share on other sites More sharing options...
lardoon Posted September 29, 2008 Report Share Posted September 29, 2008 At Coininvestdirect: A £52 spread on a 1 Oz coin... whoa...real gold is disappearing... How much was a decent spread - say last year - when the market did not show these retail physical shortages (in %)? I was under the impression that 5-10% is the norm?? Link to comment Share on other sites More sharing options...
lardoon Posted September 29, 2008 Report Share Posted September 29, 2008 Looks like the resistance at 910 is about to pop. Not quite... Could it be the PPT? I was expecting Gold to go down today to mark the success of the bailout (and helped/managed by the PPT) Maybe they are trying to limit the collateral damage from the failed bailout? Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted September 29, 2008 Report Share Posted September 29, 2008 http://news.yahoo.com/s/ap/20080926/ap_on_...ancial_meltdown Congress restarts troubled bailout talks .../... But in a sign of continuing division, House Minority Leader John Boehner demanded that "serious consideration" be given to a radically different proposal that provides no government money up front for a financial rescue. "If such consideration is not given, a large majority of Republicans cannot — and will not — support" the administration's plan, Boehner said in a letter to House Speaker Nancy Pelosi, D-Calif. .../... about 10 mins after I posted this on Friday, the original content of the article had been updated such that Boehner's quote had been removed. It seems to me that the mainstream press has tried to steamroll this bail-out since day 1. Democracy wins today Link to comment Share on other sites More sharing options...
notanewmember Posted September 29, 2008 Report Share Posted September 29, 2008 WTF with goldline. 1 ounce gold coins. Out of Britannias, Nuggets, Philharmonikers, Krugerrands "some delays" Link to comment Share on other sites More sharing options...
Dispassion Posted September 29, 2008 Report Share Posted September 29, 2008 Not quite... Could it be the PPT? I was expecting Gold to go down today to mark the success of the bailout (and helped/managed by the PPT) Maybe they are trying to limit the collateral damage from the failed bailout? I'm pretty confindent that 910 will break sometime in the next 20 mins. Link to comment Share on other sites More sharing options...
BurningRingOfFire Posted September 29, 2008 Report Share Posted September 29, 2008 WTF with goldline. 1 ounce gold coins. Out of Britannias, Nuggets, Philharmonikers, Krugerrands "some delays" my local dealer is offering to buy krugs at 20 usd above spot! Link to comment Share on other sites More sharing options...
Dispassion Posted September 29, 2008 Report Share Posted September 29, 2008 I'm pretty confindent that 910 will break sometime in the next 20 mins. Lift off! Looks like the HUI's lagging. Link to comment Share on other sites More sharing options...
lardoon Posted September 29, 2008 Report Share Posted September 29, 2008 I'm pretty confindent that 910 will break sometime in the next 20 mins. I forgot to add that I was surprised not to see Gold jump much higher on the news of the vote.. Seems to be happening right now Link to comment Share on other sites More sharing options...
tl8177 Posted September 29, 2008 Report Share Posted September 29, 2008 Lift off! Looks like the HUI's lagging. Well.. All these moves just look puny now since I saw the 100 dollar move last week. Link to comment Share on other sites More sharing options...
electroweak Posted September 29, 2008 Report Share Posted September 29, 2008 How much was a decent spread - say last year - when the market did not show these retail physical shortages (in %)? I was under the impression that 5-10% is the norm?? Maples a month ago spread was about 25-30quid iirc. Link to comment Share on other sites More sharing options...
Dispassion Posted September 29, 2008 Report Share Posted September 29, 2008 Well.. All these moves just look puny now since I saw the 100 dollar move last week. I think gold has shed the Euro/Dollar correlation and now broke the $910 resistance set up since the 100 dollar move. I'm thinking that it might be setting up a parabola at the moment, the 5 minute and 1 minute charts look very exciting. Link to comment Share on other sites More sharing options...
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