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Nick1368

Member
  • Posts

    1,550
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  • Country

    United Kingdom

Reputation Activity

  1. Like
    Nick1368 reacted to silversky in Wallstreetbets eye up SLV   
    When it sets off a new trend below support which it most definitely has not.  The move over the last 36 hours is nothing out of the ordinary.  A gap or window was opened up after the weekend and most gaps are closed quickly ie the price retreats back to the level it was before the gap.  We are simply there now and that does not mean we have entered bearish territory.  We may yet enter bearish territory but there is pretty strong support below.  Nothing out of the ordinary but a bit of anxiety during a weekend.  The usual ebb and flow will return and the bullish pattern that has been building has not been altered by this little jiggle.
  2. Like
    Nick1368 reacted to HelpingHands in Wallstreetbets eye up SLV   
    Silver has possibly entered into a bull cycle anyway and this was just some plan to push it before it's ready.
  3. Haha
    Nick1368 reacted to LawrenceChard in Wallstreetbets eye up SLV   
    Yes, "currier" sounds like it's from your local Indian takeaway!
  4. Haha
    Nick1368 reacted to Darr3nG in Wallstreetbets eye up SLV   
    So all those little rocket icons were inaccurate??? I need to cancel the deposit on that yacht  
  5. Like
    Nick1368 reacted to Tn21 in Wallstreetbets eye up SLV   
    Us markets open up 
    The big boys come to play 
  6. Like
    Nick1368 reacted to LawrenceChard in Wallstreetbets eye up SLV   
    Update:
    We did see a small sales spike mainly late in the weekend, but nothing crazy.
    This morning we are hearing that the Royal Mint are not accepting bullion orders, and premiums are being increased just about everywhere.
    We have managed to cover all bullion coins sold, but who knows when we will get deliveries!
    We have also increased many of our premiums on bullion items, but only by enough to cover the increased premiums we are being asked.
    Currently bars have not been affected, but it could spill over to them.
    Gold:Silver ratio came down to below 63, so it has halved since I was "pushing" it at 126.
    Platinum still looks cheap.
  7. Like
    Nick1368 reacted to sixgun in Wallstreetbets eye up SLV   
    The silver market is a lot smaller than most people might think, it is smaller than many stocks. Apple could buy all the silver in the world.
    From the download of the COMEX inventory from https://www.cmegroup.com/clearing/operations-and-deliveries/nymex-delivery-notices.html
    There are 400 million ounces in the total silver inventory. Not all of that 400 million ounces are available to deliver but let's say they are.
    400 million x $30 = $12 000 million = $12 billion.
    Just as a random example the stock value of Domino's Pizza is $14 billion https://finance.yahoo.com/quote/DPZ/?p=DPZ
    A single billionaire could buy all the silver on the COMEX.
    PS - i wonder if the electronic giants are getting a bit wobbly about this and are in the process of trying to buy all the silver in the world - whilst they can still afford to.
     
  8. Haha
    Nick1368 reacted to Connor in Wallstreetbets eye up SLV   
  9. Haha
    Nick1368 reacted to Mox in Wallstreetbets eye up SLV   
    How long till we get to the moon? I will need a wee soon so can we stop at the motorway services?
  10. Like
    Nick1368 reacted to gkoogk in Wallstreetbets eye up SLV   
    I had $240  of Dogecoin from 3 years ago..Friday night sold for $1462.46 ..not a fortune but a nice week end present :}
     

  11. Haha
    Nick1368 reacted to Paul in Wallstreetbets eye up SLV   
    I wonder how many forum Millionaires we will have by this time next weekend thanks to silver !  😎
    Bring on £500oz before Friday please 
  12. Like
    Nick1368 reacted to sixgun in Wallstreetbets eye up SLV   
    What they mean is they expect the price of silver to pop and they aren't going to sell silver at today's price. 
  13. Like
    Nick1368 got a reaction from JunkBond in Today I Received.....   
    Bought some more bullion coins to add a decent amount of weight to my stack .
    I sold a lot of my bullion coins in September when spot was around £1500 because I needed cash now I am buying back at £1340 to replace them . 💪😉

  14. Like
    Nick1368 reacted to GrahamDiamond in GameStop / Reddit News   
    Just been researching Wallstreetbets, as i had never heard of them until today. Looking Good for Silver, Gold, Platinum, BTC and XRP Coinster's .
  15. Like
    Nick1368 got a reaction from Robda1986 in Today I Received.....   
    Bought some more bullion coins to add a decent amount of weight to my stack .
    I sold a lot of my bullion coins in September when spot was around £1500 because I needed cash now I am buying back at £1340 to replace them . 💪😉

  16. Haha
    Nick1368 reacted to Paul in GameStop / Reddit News   
    bring it on !  
  17. Like
    Nick1368 got a reaction from Ranger2girls in Today I Received.....   
    Bought some more bullion coins to add a decent amount of weight to my stack .
    I sold a lot of my bullion coins in September when spot was around £1500 because I needed cash now I am buying back at £1340 to replace them . 💪😉

  18. Haha
    Nick1368 reacted to Roy in GameStop / Reddit News   
  19. Super Like
    Nick1368 got a reaction from trp in Today I Received.....   
    Bought some more bullion coins to add a decent amount of weight to my stack .
    I sold a lot of my bullion coins in September when spot was around £1500 because I needed cash now I am buying back at £1340 to replace them . 💪😉

  20. Like
    Nick1368 reacted to MancunianStacker in GameStop / Reddit News   
    Interesting what happened. Seems like they don’t like the little guy winning.
    What would happen to Gold & Silver 🤔 
    Saw this on Linked-In today and it got me thinking 💭 

  21. Like
    Nick1368 got a reaction from Richiesilver in Today I Received.....   
    Bought some more bullion coins to add a decent amount of weight to my stack .
    I sold a lot of my bullion coins in September when spot was around £1500 because I needed cash now I am buying back at £1340 to replace them . 💪😉

  22. Like
    Nick1368 got a reaction from Abyss in Today I Received.....   
    Bought some more bullion coins to add a decent amount of weight to my stack .
    I sold a lot of my bullion coins in September when spot was around £1500 because I needed cash now I am buying back at £1340 to replace them . 💪😉

  23. Like
    Nick1368 got a reaction from Sovereign in Today I Received.....   
    Bought some more bullion coins to add a decent amount of weight to my stack .
    I sold a lot of my bullion coins in September when spot was around £1500 because I needed cash now I am buying back at £1340 to replace them . 💪😉

  24. Like
    Nick1368 got a reaction from PapaLazarou in Today I Received.....   
    Bought some more bullion coins to add a decent amount of weight to my stack .
    I sold a lot of my bullion coins in September when spot was around £1500 because I needed cash now I am buying back at £1340 to replace them . 💪😉

  25. Like
    Nick1368 got a reaction from StackerCollector in Today I Received.....   
    Bought some more bullion coins to add a decent amount of weight to my stack .
    I sold a lot of my bullion coins in September when spot was around £1500 because I needed cash now I am buying back at £1340 to replace them . 💪😉

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