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mervs68
mervs68
Precious Metal Data Analyst
Posts : 236
Join date : 2021-07-04
Age : 69
Location : Craigavon

Precious Metals Weekly Round Up.  - Page 3 Empty Re: Precious Metals Weekly Round Up.

Wed Dec 22, 2021 4:25 pm
@ The Cat's Mother
(no full stop 🙄)

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mervs68
mervs68
Precious Metal Data Analyst
Posts : 236
Join date : 2021-07-04
Age : 69
Location : Craigavon

Precious Metals Weekly Round Up.  - Page 3 Empty Re: Precious Metals Weekly Round Up.

Mon Dec 27, 2021 2:19 pm
Hi everyone.. I will update this column at end of of week/year end. Until then have a good week. 😁👌

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mervs68
mervs68
Precious Metal Data Analyst
Posts : 236
Join date : 2021-07-04
Age : 69
Location : Craigavon

Precious Metals Weekly Round Up.  - Page 3 Empty Re: Precious Metals Weekly Round Up.

Sat Jan 01, 2022 1:48 pm
Precious Metals 2021 Year-End Report 1st January 2022.

Precious metal prices started the new year in an upbeat fashion before declining mostly in the second half of 2021.
This reflected dwindling investor sentiment and lacklustre physical demand. Gold prices had been more robust but outflows from gold-backed exchange-traded funds (ETFs) and slowing central bank activity subdued the price. Silver prices fell on falling industrial demand, while platinum and palladium prices plunged due to semiconductor shortages and thus anaemic auto catalyst employ in the car industry.  

Gold: GBP:  Close@ £1353. Year Change - £57 - 4% .     (Year High £1433.  Low £1,220.) Us dollar:   Close@ $1829   Year Change - $100 – 5%     (Year High $1,957. Low $1,683) Euro:          Close@ €1608. Year Change + €38 + 2.41%   (Year High €1,648. Low €1,419)            
Silver: GBP Close@ £17.27. Year Change -£2.68 – 13%   (Year  High £21.58. Low £16.02) Us dollar:    Close@ $23.32. Year Change -$3.95 – 14%    (Year High $29.59. Low $21.52)  Euro:           Close@ €20.51. Year Change - €1.68 – 7.5%  (Year High €24.48. Low €18.61)

Platinum: GBP Close@ £718.Year Change - £86. – 11%     (Year High £937.54. Low £675.59) Us dollar:     Close@ $971.  Year Change  -$130 – 12%    (Year High $1,306. Low $911) Euro:            Close@ €853. Year Change -  €42 – 5%        (Year High €1,074.91.Low €788.59) * data percentages etc., rounded up/down.

Bitcoin: The value of BTC has more than doubled in 2021. BTC was valued at $28,803.59 on January 1st, 2021, before reaching its all-time high of $68,789.63 on November 10th, 2021.
USD index ended the year @ 95.67, a little off its Nov. high of 96.49, up ~15% on year.
Global Equity Markets – the MSI World Index had a yearly upside of +~18%. Equities are ‘bubbly’; and bubbles bust without warning. U.S. equities had a stellar year. (DJI +19%, S&P500 +27%, Nasdaq +22%. U.K and European equities also hot. UK Ftse Allshare Index + 17%, STOXX Europe 600Index + 22%) Asian equities much tamer – Shanghai Index + ~ 4%, Japan NIKKEI 225 Index +~ 5%, while in Hong Kong the Hang Seng Index fell – 15%.

2022 heralds’ volatility and major price swings in all asset classes. Expect the unexpected. Raging inflation. Government and BOE mismanagement. Brexit headaches. Increasing import costs and supply chain problems. Omicron. All a heady mix of troubles. It will be a long and painful challenge to restore monetary and financial stability and consumer confidence.
However, on the brighter side, the esteemed national leader Boris Johnson lists amongst his brexit ‘successes’ – the positive returning of the Crown stamp to pint beer glasses and the scrapping of the ban on selling goods in pounds and ounces. Whoopee. Success. Just shows you the benefit of an Eton education – someone should release this guy from his matrix existence. How come with all this success in 2020 the U.K. had the 2nd worse GDP (gross domestic product) in Europe of – 9.79%? Spain at -10.84% being the worst. The highest GDP growth belonged to Ireland! Yes the little island of Ireland had the highest GDP of + 3.42%!!!! (New Zealand + 0.98%, USA -3.49%, Germany – 4.9%, Hong Kong -6.07%, Uruguay – 5.86%, are just some examples.) The only countries that had worse growth than the UK were the island nations of the Caribbean, which rely totally on tourism.

So, to everyone, a happy and brighter new year unfolds. Hopefully a good one. Enjoy the benefits of Crown stamps on your beer glass and don’t forget at Tesco that you demand your carrots weights are measured in pounds and ounces. And don’t fall off the square earth and do ask for your sweeties out of a big glass jar.  

*The precious metals price quotes are from one of the UK’s biggest bullion dealers. They may not, and often do not, correspond exactly with other quotes.
This article is for informational purposes only, it should not be considered Financial, Musical or Legal Advice. Nor to lead your thinking. DYOR. Not all information will be accurate, as the world is not fully round. Consult a music historian, astrologer or non-financial professional before making any major decisions. And good luck – may the force be with you.

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mervs68
mervs68
Precious Metal Data Analyst
Posts : 236
Join date : 2021-07-04
Age : 69
Location : Craigavon

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Sat Jan 08, 2022 4:38 pm
Precious Metals Weekly Update
Trading Week Ending 7th January 2022

Precious metals have ended the first trading week of 2022 with a bit of a holiday hangover. Silver especially, took a knocking. However most major mints across the world are reporting excellent, if not record sales of bullion coins. It is the ‘paper’ price of silver and the “wheeling and dealing” around it which are questionable. (“The world we live in is vastly different from the world we think we live in.) *
Gold at start of the year is looking for direction, but then so are we all. Sometimes it is not easy to find. Platinum  was the slightest affected and lost the least on the week. The biggest winner was Palladium with a 1% rise.

Other markets: Bitcoin finished @ £30,614 down £3,506 on week
Equity markets were skittish – U.S. tech laden Nasdaq lost ~ 5% on the week. A pause on its upward trend or the beginning of a flight to safety? Echoes of 2001 and dot.com era abound. Bubbles burst eventually.
U.S. Dollar Index closed the week little changed @ 95.74
Inflation is spiraling worldwide, a silent merciless thief. ‘Transitory’ has been dropped from the vocabulary. 5% - 8% is on track.

Gold @ £1322 - £31- 2.3%. USD @ $1796 - $33 – Euro @ €1581 -€27
Silver@ £16.48 -£0.79 – 4.5%. USD@ $22.4 - $0.9. Euro@19.7 – 0.8
Platinum@ £711 - £6.5 – 0.91%. USD $967 - $4.36. Euro@851 – 2.7.

*Nassim Taleb, author of “Fooled by Randomness”, “The Black Swan”, “Antifragile” and many more.

*The precious metals price quotes are from one of the UK’s biggest bullion dealers. They may not, and often do not, correspond exactly with other quotes.
This article is for informational purposes only, it should not be considered Financial, Musical or Legal Advice. Nor to lead your thinking. DYOR. Not all information will be accurate, as the world is not fully round. Consult a music historian, astrologer or non-financial professional before making any major decisions. And good luck – may the force be with you.

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Sat Jan 08, 2022 8:36 pm
I know we have a lot of new members and some very new to stacking or collecting bullion. 

Now is a great time to jump in and consider buying for your future or for your grandchildren. 

Over the past 20 + years I have been stacking, I can say that historically this is a great time. Expect the peaks, both high and low. 

But Gold, Silver, etc. are a long haul if you want to do this right. Yes you can make a quick buck by buying and selling. Remember, it is Your Money, Your choice. Be safe and have fun. 

And a Huge Thank you to our Analyst  @mervs68

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mervs68
mervs68
Precious Metal Data Analyst
Posts : 236
Join date : 2021-07-04
Age : 69
Location : Craigavon

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Sat Jan 15, 2022 8:45 pm
Precious Metals Weekly Update
Trading week Ending 14th January 2022

Precious metals had a positive week. Yet they all struggle for real direction. Range bound. No real trends to follow and no winds of momentum to propel them forward.
Prices and Weekly Change:

Gold @ £1329 + 6.76. USD@ 1818 + 21.23. Euro@1892 +10.90
Silver@ £16.81 + 0.33. USD@ 22.99+0.59. Euro@ 20.14 +0.42
Platinum@£715+3.98. USD@978 +11.66. Euro@857 + 6.13

U.S.Dollar Index @95.17. YTD - ~1%, helped Dollar denominated metals.
U.S. inflation still rising +7% in December. Levels at highest in decades. European and world levels rising too.
U.S. European, Asian equities shaky. Tech laden Nasdaq - 5% YTD

*The precious metals price quotes are from one of the UK’s biggest bullion dealers. They may not, and often do not, correspond exactly with other quotes.
This article is for informational purposes only, it should not be considered Financial, Musical or Legal Advice. Nor to lead your thinking. DYOR. Not all information will be accurate, as the world is not fully round. Consult a music historian, astrologer or non-financial professional before making any major decisions. And good luck – may the force be with you.
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Precious Metals Weekly Round Up.  - Page 3 Empty Re: Precious Metals Weekly Round Up.

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