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theman73

Business - Platinum
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Posts posted by theman73

  1. 32 minutes ago, stefffana said:

    If they offers @£25.50 now, is because the mints are asking for more probably at the moment and it's cheaper for them to fill the shelves with second-hand silver. I think it's only temporary.

    They buy from the mint spot +2%.

    Probably someone wants 10 boxes at £28 so they offer £25.50 to anyone willing to sell cashing the difference minus the margin scheme VAT

    They can't sell new coins at £28 but they can sell the second-hand ones at this price, for friends everything is possible

  2. 14 minutes ago, HonestMoneyGoldSilver said:

    It got some of those figures wrong and is matching different datasets in an inappropriate manner. It's using the silver futures price (SIN4, $31.775) as the current silver price as opposed to the current spot price ($31.46 or the price shown below of $31.43, different exchanges, different delivery times, different prices). I believe it also picked the wrong 1st Resistance point. The general magnitude of movements are correct for our purposes though and it seems to have picked the correct middle and top points in both directions based on below. It was my fault by mis-specifying or not specifying the different data sets in the model. 

    If you want to try your hand at TA yourself then reference these:

    XAGUSD - Silver Forex Trader's Cheat Sheet - Barchart.com

    Silver: Technical Analysis Chart | | XAGUSD | MarketScreener

    Silver Futures Technical Analysis - Investing.com

    Technical Analysis of Silver Futures (COMEX:SI1!) — TradingView

    https://chatgpt.com/auth/login

     

    Screenshot2024-05-19125821.thumb.png.f75b950bc4a59e92631aaef70d4d53c5.png

     

    Shouldn't be the short/long volume a better way to predict the spot direction?

    ''The Dude

    The total short position in #silver is 802,985,000 ounces.'' 

  3. 2 minutes ago, Roy said:

    And I tried to stick up for you! 😋

    You won't find folk prepared to talk about how their gold investments have performed. It's not bitcoin.

    Than why people are expecting a different answer on the silver thread?

    It's a copy/paste question I changed just one word, silver to gold 

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