Lines around the block to buy gold in London

Superscrooge

It's interesting that when the FTSE fell by 3% a few days ago the headlines were........
'Billions wiped off share values'. 'Stock Market Crash' etc.

Yesterday the FTSE rose by 3% and newspapers don't seem to have noticed!

DiggerUK

Oh dear, the Zerobrainers have claimed another victim. Now don't get me wrong AG47, or can I call you Ag, I have nothing against Zerobrainers, just that I don't want them anywhere near my grandchildren.
Can I first caution you against going on their site ever again, and if you pm me I can recommend a good aversion therapist who can see you back to rude health.
The second thing I ask you to do is look at my ATS link and go to the bottom of the page, to the street plan of were they are located......It's in a dead end.
So I can't quite accept the claim of customers "queuing round the block" maybe it was as far as the taxi rank outside the Savoy Hotel, but that, in my estimation, is about the size of it.

Yes, in case you haven't guessed, I lived and worked in London over half my life and did once buy some gold from ATS..._
http://www.atsbullion.com/?gclid=CImYr7X-9soCFSoCwwod-CEGnA

atush

I wondered why you hadnt surfaced before now lol

bowlhead99

Doshwaster wrote: »

Just checked my HL account and my Blackrock Gold and General fund is up 25% in the last week. I'm gonna be rich!

You may be forgetting when the last time was that you looked at your account. It is only up 10% over the last week (5 feb to 12 feb). For the full 25% you need to go back two weeks

But of course equities in gold miners are often leveraged plays on metal prices and energy / labour / finance prices, rather than giving you the return of holding the actual metal which is what the businesses in the article prefer to encourage. My physical precious metals ETF (small part of one of my portfolios) is only up about 12% over the last month.

DiggerUK wrote: »

The second thing I ask you to do is look at my ATS link and go to the bottom of the page, to the street plan of were they are located......It's in a dead end.
So I can't quite accept the claim of customers "queuing round the block" maybe it was as far as the taxi rank outside the Savoy Hotel, but that, in my estimation, is about the size of it.

Well, as the map shows, their premises is indeed on a small 'block' bordered by the Savoy approach, the Strand and Carting Lane (the alleyway down the side of the Coal Hole), so seems a decent figure of speech, if not a literal 'claim'.

Jonbvn

Wow £4 million in a day? A huge dent in the $240 billion of gold traded daily in London

dealer_wins

Great, please keep selling shares sheeple, the cheaper the better for me to buy them at