Spark268

i will bet with you on that. My best offer is, if gold closes below 1400 as stated, i give you an 1oz silver coin. However, 1400 is a long way from the current price, at a time when expenditure is on the seasons festivities, rather than gold investment. You will not find any takers, because it is more profitable to not take part, and hold gold and enjoy the 100/oz rise. Therefore to balance out the bet, if gold closes above 1400, you owe me a 1oz gold britannia. Of course bullion grade is the minimum requirement, but I am also happy to replace the 1oz coin i contribute with a proof or a more rarer one. I do this out of friendship, rather to create the obligation for you to do the same. Coins attract higher premiums than rounds, shavings and other odd shapes & sizes. I'm happy to use BYB's intermediary for escrow services if needed.

holding above 1300 till friday would be good news.

...to the benefit of any one trying to buy silver. It's VAT that's the manipulation, although the technical term for it is the deadweight losses stemming from government intervention in the natural market price formation process. Having paid the vat though, physical holders are more reluctant to sell, so that does bring some stability back to the physical market.

Apologies, I never got as far adding them to the basket- I generally get my silver from TSF. Even with vat though, the pricing isn't bad. As mentioned postage is included.

flash sale over at HGM with 30% off silver 1oz coins. single brits, maples and eagles are available for GBP23-24, with free shipping.

the use of charts to identify tradeable patterns is a fools errand, and particularly so for silver. There are large jumps, such as the one this afternoon which are not bourne out of any identifiable chart pattern.

Cashback to buy money - how very droll! 😉

If you thought of this scheme 18 months ago, you would have been given 2oz of silver for every barrel of oil that you took home from Cushing, Oklahoma :d

and whether you will have to face a cacophony of ring tones the next time you do an inventory check of the latest sovs

"The Royal Mint plans to introduce a world-first technology to the UK to recycle gold from electronic waste. Fewer than one fifth of electronic waste ends up being recycled, estimates show. The mint's chief executive Anne Jessopp said the technology would help to "make a genuine impact on one of the world's greatest environmental challenges." The Royal Mint has signed an agreement with Canadian start-up Excir to recover 99% and more of gold from devices' circuit boards. It said the chemistry selectively targets and extracts precious metals from circuit boards in seconds." This is a potential gold mine for the royal mint. E-waste contains around 250g/tonne of gold/material versus around 15g/t for your run of the mill mine. If the technology works, this avoids the need to dig deep underground holes in far-flung, geopolitically unstable places, and use prodigious amounts of energy and cyanide (which is the Umicore method). If other rare earths can be captured then great!. Ethical gold would also capture a huge premium, and there have been no Tier-1 PGM discoveries for decades now, in an industry where low supply elasticity means mines take decades to come online from first discovery. If this technology does not work then that's still positive for PGM prices. Avg annual smartphone sales are 375mln, if 70% of these are recycled then that would recover 3-12.5metric tonnes of gold per year, which is equivalent to x1-4 global annual mine production. Its also fascinating to see how this demand to date has had little price impact, perhaps phones are recycled already either by re-use or gold recovery through the old dirty method. For those of you who have followed David Morgan and tolerate his know-it-all attitude, you will have no doubt heard of Mineworx/Enviroleach who are also Canadian. they have been touting a similar technology for years now but nothing has materialised, despite some fancy M&A and multiple share offerings. This company looks more legit (https://www.excir.com/) - the Exec/non Exec board members do have verifiable track records with VC funding/management. I don't think its listed ATM unfortunately from an investment POV..

the greater electrification of cars and the supporting infrastructure will lead to higher demand for conductive materials such as copper, gold and silver. Each EV has 1 to 2 ounces per silver, and 70million cars are expected to be sold in 2021. If all of these are electric, that amounts to approx. 100mln oz silver, which is 10% of annual production. For larger vehicles, such as trucks, buses and planes, hydrogen fuel cells would be more suitable and for that platinum is needed.

a nuclear bubble you say, should we be afraid?

that's true, but using your line of analysis, you can refute the argument that two potatoes are the same vegetable, by looking and comparing each with a microscope. in the grand scheme of things, they are basically the same metal, and their uses are largely substitutable with each other in all but of the most extreme edge use cases, which I am sure you will no doubt point out !

palladium has been tanking recently. its now worth only twice as much as platinum. Its basically the same metal so expect a 1:1 ratio soon.

these are all terms to describe the phenomom of rising or falling prices, in different ways. One could add a few more to the pile: shrinkflation, disinflation, cost-inflation, demand pull inflation, cr4pflation, basis risk and so on. the reality is that the price of every good is always changing and subject to offsetting forces. to label everything to one type of inflation to the ignorance of everything else, is well ignorant.

GPM, a fund from the same firm for small cap gold and silver stocks does the same.

no wonder why there was a email shot by HGM today offering silver philharmonics for 24.78 each

As fascinating as the intricacies of money laundering regulations are, this is a thread about platinum deals!

its due to a flight to quality effect, equities are bleeding at the moment (US down 2%) and their chart looks precarious atm !

that's true about dogecoin, but i disagree with premiums falling as prices rise, they usually work in the same direction as more and more people are drawn in!

agreed with this assessment. The main argument for silver and gold is the security from holding it physically. That's why silv premiums are still around 40%. The paper price is just that - and it might as well be the dogecoin price.

Well, that makes us all feel better Bully! Thanks for offering your services into the hairdressing market at half price. Because of this option, the official inflation rate has fallen by 30% - despite the potential of everyone sporting dodgy haircuts

not necessarily, only more negative government bond yields are gold positive. negative junk yield is bad for gold because it means that money is chasing c**p, not quality. the euro junk market is small anyway, and dominated by niche investors who dont normally compare junk yields with sovereign prices Negative junk yields though, that is something ! That means if you lend 100euros to a company that is facing bankruptcy, you only get back 99euros if the company doesnt go under. That's a lose lose bet !

It's likely. Having a talent, depending on which one it is, could be worth the talent in gold or silver

well even if trades broadly horizontal over the next decade, gold will be within +/- 200 of the average price, there will be times when its >20% cheaper than another. That's not opinion, its a fact. In the time frames you quote, the movement is more extreme at around +/- 500%. To predict 0% volatility over a decade is overly simplistic. In a longer term than the three decades your 'analysis' covers, the trend is sufficiently upwards.