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Thursday Atlas: Thursday News & Draw (08/09/2011)

Day 1,388, 12:51 • Published in United Kingdom

• by ApronChef

Every Thursday there will be a draw, please vote, and comment and a name will be picked out of a hat and the winner will receive 100 GBP, please understand, there must be atleast 7-8 entries.

Now for the News:

Gold; gold has been going up and down rapidly lately, from being as low as 698 GBP up to 830 GBP on average, this shows people are buying and selling gold.

But heres what some people did, waited till it dropped below 700 GBP per 1 Gold, and sold it when it reached 800 GBp per 1 Gold, they made a descent profit, I would not recommend buying gold at under 700 GBP and selling at around 820-830 GBP, as it will be high risk, but still a way to make hefty profits.

Another good point about the changing prices in gold (of which have settled at around 740 GBP per 1 Gold at the moment) proves that the GBP has increased in value.

You have been reading Atlas News on Thursday (A Money Day)

I hope it was worth the read, please comment below if so/not.

Comments

Frageurs Day 1,388, 14:04

"Another good point about the changing prices in gold (of which have settled at around 740 GBP per 1 Gold at the moment) proves that the GBP has increased in value.".

I just wanted to make sure, Wouldn't this statement show that GBP lost value against gold as we currently require more GBP to buy gold than before (taking an average of 680 per gold)?

ApronChef Day 1,388, 14:18

It went down from 830 GBP to 740 GBP now, so the GBP has went up.

Frageurs Day 1,389, 11:58

ah ok, thanks for letting me know 🙂

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