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JSILVER

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Posts posted by JSILVER

  1. 1 minute ago, BackyardBullion said:

    Part of the drops we are seeing in the UK are from the strengthening £ as well. Gold down -1.56% in £ but close to -2% in $

    Depending what happens tomorrow we could see it push back up then, madness what man says can cause so many problems!

  2. Silver seems to be on the move up again. I have the urge for a purchase of silver but it's going up again closer to £15 an ounce. Good for my stack but bad for what I want to buy at the moment. I suppose we can't have it all, a crystal ball would be nice!

  3. 1 hour ago, vand said:

     

    The other event that could cause it would be a 2008-style meltdown where margin calls are made on all assets, in which case it would not surprise me to see PMs pulled down with everything else (at least the paper market).

    Isn't this this point though? Safe haven assets, I can't say I was collecting back then, I was too young to know any better. Did gold and silver go up during the recession? 

  4. Do we ever think gold could fall back to the lows of £700 again? I can't see it myself. I was a full backer of silver at this time and barely bought gold as I thought it may drop a little more then suddenly boom were at over 1K an oz. It's a mad world but it shows the lack of faith in fiat.

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