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Posted: 2/11/2016 3:38:58 PM EDT
Investors 'go bananas' for gold bars as global stock markets tumble
Bullion dealers report record sales as buyers "queue round the block" to purchase the precious metal 
BullionByPost, Britain's biggest online gold dealer, said it has already taken record-day sales of £5.6m as traders pile into gold following fears the world is on the brink of another financial crisis. Rob Halliday-Stein, founder and managing director of the Birmingham-based company, said takings today had already surpassed the firm's previous one-day record of £4.4m in October 2014. BullionByPost, which takes orders of up to £25,000 on the website but takes higher amounts over the phone, explained it had received a few hundred orders overnight and frantic numbers of phone calls this morning. "The bullion market has been building with interest since the end of last year but this morning things have gone bananas," said Mr Halliday-Stein. "Some bankers in London are placing unusually large orders for physical gold." http://www.telegraph.co.uk/finance/personalfinance/investing/gold/12151770/Investors-go-bananas-for-gold-bars-as-global-stock-markets-tumble.html I got my gold bars already 
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Posted: 2/11/2016 3:42:01 PM EDT
[#1]
where else are they going to park money?
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Posted: 2/11/2016 3:43:55 PM EDT
[#2]
Quote HistoryQuoted:
where else are they going to park money? in well paying dividend stocks that payout in the long run way more than a block of gold? |
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Posted: 2/11/2016 3:47:08 PM EDT
[#3]
Gold is too risky, I want something real like amazon.com.
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Posted: 2/11/2016 3:48:43 PM EDT
[#4]
Sounds like a bad sign.
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Posted: 2/11/2016 3:48:47 PM EDT
[#5]
A thread yesterday said that physical money was a thing of the past and digital currency is the way of the future. I don't think so.
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Posted: 2/11/2016 3:51:51 PM EDT
[#6]
Is the sky falling again this month?
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Posted: 2/11/2016 3:54:31 PM EDT
[#7]
Our sponsor this half hour is Gold Line.
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Posted: 2/11/2016 3:55:18 PM EDT
[#8]
Is it happening? I'm just dying to pop a P-mag cover!!!
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Posted: 2/11/2016 3:56:06 PM EDT
[#9]
Quote HistoryQuoted:
in well paying dividend stocks that payout in the long run way more than a block of gold? Quote HistoryQuoted:
Quoted:
where else are they going to park money? in well paying dividend stocks that payout in the long run way more than a block of gold? Get outta here! We are trying to have a crash 2.0, on Monday, while oil continues climbing slowly. |
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Posted: 2/11/2016 3:56:26 PM EDT
[#10]
Quote HistoryQuoted:
Is it happening? I'm just dying to pop a P-mag cover!!! Gold going to $5,000/oz |
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Posted: 2/11/2016 3:58:14 PM EDT
[#11]
Quote HistoryQuoted:
Our sponsor this half hour is Gold Line. Posted Via AR15.Com Mobile |
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Posted: 2/11/2016 3:58:40 PM EDT
[#12]
Quote HistoryQuoted:
A thread yesterday said that physical money was a thing of the past and digital currency is the way of the future. I don't think so. I'm not 100% sure that's correct , but I see a push by governments to go cashless, electronic currency makes it easier to control your finances and prevent bank runs which will be inevitable if things continue on the current path. You can dclare and enforce a bank holiday with a single key stroke this way. Having precious metals and some fiat at home will negate this to some level , but if you look at the trend to make cash transactions illegal they are already trying to nulmify preparations of those who have valid fears about the impending financial collapse. |
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Posted: 2/11/2016 3:59:07 PM EDT
[#13]
Quote HistoryQuoted:
Our sponsor this half hour is Gold Line. Yup, feeding the frenzy to increase sales. Kinda like some here do with ammo/gun panics... |
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Posted: 2/11/2016 4:00:02 PM EDT
[#14]
Did the stock market crash last Monday?
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Posted: 2/11/2016 4:04:45 PM EDT
[#15]
Quote HistoryQuoted:
Did the stock market crash last Monday? No. But this dude at JP Morgan just said that "things have gotten out of control." 
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Posted: 2/11/2016 4:10:54 PM EDT
[#16]
Quote HistoryQuoted:
Did the stock market crash last Monday? Umm...it's crashing right now. Where have you been? |
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Posted: 2/11/2016 4:11:03 PM EDT
[#17]
Quote HistoryQuoted:
in well paying dividend stocks that payout in the long run way more than a block of gold? Quote HistoryQuoted:
Quoted:
where else are they going to park money? in well paying dividend stocks that payout in the long run way more than a block of gold? agreed...what you are seeing are "position moves" not long term strategies |
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Posted: 2/11/2016 4:11:55 PM EDT
[#18]
Massive lines does not equal 5.6 million pounds. That's pocket change in today's economy. One dealer had a good day. Big deal.
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Posted: 2/11/2016 4:12:17 PM EDT
[#19]
Quote HistoryQuoted:
Gold going to $5,000/oz Quote HistoryQuoted:
Quoted:
Is it happening? I'm just dying to pop a P-mag cover!!! Gold going to $5,000/oz Peter Schiff, is that you? 
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Posted: 2/11/2016 4:12:48 PM EDT
[#20]
Quote HistoryQuoted:
Did the stock market crash last Monday? *snicker* |
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Posted: 2/11/2016 4:12:54 PM EDT
[#21]
Quote HistoryQuoted:
Massive lines does not equal 5.6 million pounds. That's pocket change in today's economy. One dealer had a good day. Big deal. Gold prices are soaring right now. And GOLD ETF's are up almost 400% this month Yuge demand |
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Posted: 2/11/2016 4:17:22 PM EDT
[#22]
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Posted: 2/11/2016 4:19:10 PM EDT
[#23]
Plot twist: OP is actually Glenn Beck and starts Trump threads to raise awareness of how dangerous he is to the country.
 Posted Via AR15.Com Mobile |
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Posted: 2/11/2016 4:20:51 PM EDT
[#24]
mebbe just me, but Apmex and Kitco sites are both extremely slow to load.
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Posted: 2/11/2016 4:22:25 PM EDT
[#25]
Gold price is going up like crazy and people are BUYING? Hmmmm, that's not the way I was told you're supposed to do it.
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Posted: 2/11/2016 4:22:26 PM EDT
[#26]
Quote HistoryQuoted: Did the stock market crash last Monday? I think it was supposed to a couple of weeks ago. He just keeps the thread on page 1 in case hes right. |
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Posted: 2/11/2016 4:22:34 PM EDT
[#27]
Quote HistoryQuoted:
Umm...it's crashing right now. Where have you been? Quote HistoryQuoted:
Quoted:
Did the stock market crash last Monday? Umm...it's crashing right now. Where have you been? It amazes me you still have the audacity to talk about the market when you have been so wrong for so long. Hahaha! 
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Posted: 2/11/2016 4:22:42 PM EDT
[#28]
Quote HistoryQuoted: Gold going to $5,000/oz Quote HistoryQuoted: Quoted: Is it happening? I'm just dying to pop a P-mag cover!!! Gold going to $5,000/oz LOL |
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Posted: 2/11/2016 4:23:14 PM EDT
[#29]
Quote HistoryQuoted:
Plot twist: OP is actually Glenn Beck and starts Trump threads to raise awareness of how dangerous he is to the country.
Posted Via AR15.Com Mobile I get a kick on how you guys complain that I talk about Trump too much but when I start a thread not related to Trump in any way/shape/form you come in here and try and change it into a Trump thread
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Posted: 2/11/2016 4:26:47 PM EDT
[#30]
Quote HistoryQuoted:
Gold price is going up like crazy and people are BUYING? Hmmmm, that's not the way I was told you're supposed to do it. So what if I am a day late? It will still go up so high that even Trump will be winning. Just don't buy near the top or ask me when to buy or sell. Usually it is best to do the opposite of what I do. |
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Posted: 2/11/2016 4:27:34 PM EDT
[#31]
Quote HistoryQuoted:
Umm...it's crashing right now. Where have you been? Quote HistoryQuoted:
Quoted:
Did the stock market crash last Monday? Umm...it's crashing right now. Where have you been? Tee-hee |
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Posted: 2/11/2016 4:30:06 PM EDT
[#32]
Quote HistoryQuoted:
where else are they going to park money? Short the market, make money |
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Posted: 2/11/2016 4:31:13 PM EDT
[#33]
Quote HistoryQuoted:
Gold price is going up like crazy and people are BUYING? Hmmmm, that's not the way I was told you're supposed to do it. you get your advice from the shoeshine boy? |
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Posted: 2/11/2016 4:31:40 PM EDT
[#34]
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Posted: 2/11/2016 4:32:50 PM EDT
[#35]
Will this be worse than Market Collapse 3.0 on Monday™ ?
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Posted: 2/11/2016 4:33:26 PM EDT
[#36]
itshappening.gif
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Posted: 2/11/2016 4:33:56 PM EDT
[#37]
Quote HistoryQuoted:
Gold going to $5,000/oz Quote HistoryQuoted:
Quoted:
Is it happening? I'm just dying to pop a P-mag cover!!! Gold going to $5,000/oz 
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Posted: 2/11/2016 4:34:27 PM EDT
[#38]
What about mah silver??
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Posted: 2/11/2016 4:34:28 PM EDT
[#39]
The time to panic into gold was a long ago.
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Posted: 2/11/2016 4:35:16 PM EDT
[#40]
Paper gold is always a safe bet
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Posted: 2/11/2016 4:36:27 PM EDT
[#41]
Quote HistoryQuoted:
Paper gold is always a safe bet The cert holders leverage gold about 620x the actual physical gold they have Can you imagine if there was ever a run on physical gold? |
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Posted: 2/11/2016 4:40:15 PM EDT
[#42]
buy now so the Gubmint can confiscate later!!!
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Posted: 2/11/2016 4:41:57 PM EDT
[#43]
Quote HistoryQuoted: Gold going to $5,000/oz Quote HistoryQuoted: Quoted: Is it happening? I'm just dying to pop a P-mag cover!!! Gold going to $5,000/oz |
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Posted: 2/11/2016 5:03:34 PM EDT
[#44]
Quote HistoryQuoted:
Umm...it's crashing right now. Where have you been? Quote HistoryQuoted:
Quoted:
Did the stock market crash last Monday? Umm...it's crashing right now. Where have you been? If you are going to be that oblivious, it is going to take a lot of the fun out of mocking you. I mean, we're starting to cross the line from "Hey have a good laugh with gym007 because he is saying crazy shit again" to now I feel like I'm that guy in the after-school special picking on the retarded kid and I don't want to be that guy. P.S. Down 1.39% for the day is not typically considered a "crash: by well... anyone. |
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Posted: 2/11/2016 5:05:49 PM EDT
[#45]
I've still got mine from the last crash.
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Posted: 2/11/2016 5:08:42 PM EDT
[#46]
Did gold really go up $50.50? Yes. The weakened US Dollar was responsible for $3.95 of that increase. Gold price Change due to Weakening of USD+3.95 Gold price Change due to Predominant Buyers +46.55 Gold Price: Total Change+50.50 Kitco Commodities Pricing |
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Posted: 2/11/2016 5:09:09 PM EDT
[#47]
"I would have been better off investing in Bitcoin!"
. . . Adolf Hitler |
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Posted: 2/11/2016 5:09:32 PM EDT
[#48]
You guys will love this. I sold 10 ounces in December 2015. Price is up about $140/oz since then
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Posted: 2/11/2016 5:10:48 PM EDT
[#49]
Quote HistoryQuoted:
The time to panic into gold was a long ago. ^ THIS |
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Posted: 2/11/2016 5:12:27 PM EDT
[#50]
I have a run flat tire on my wheel barrel. Let's party!!!
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