crazy hippo

I think we'll see some dealers go under sooner or later. Even though there are savings to be made using currencyfair and transferwise I think I'll stick with PayPal/cards. I may be being over cautious.

Ladies, and Gentlemen, boys and girls, those of confused or mixed genders, young and old.
 
I would like for this to be the tread where we comment on the price movements of silver.
as i saw silver drop to 11.29. I thought to myself what is going on, and who knows the answer.
 
This will be the thread to discuss, movements, up or down, causes. Lets see how this pans out.
 
as i write this silver is 11.42, up 1.1% from the low of 11.29.
 
for me i can see silver being smacked down and trying to get back on it’s feet. as it climbs it gets smacked down again.

Best buy per Oz just now is still maples and 10oz koalas from STG. Crocs are really nice though.


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Exactly what I was thinking!!!

It is crazy aint it we say if silver hits 11 an oz wed buy as much as we can but when it does we like oh maby leave it a little longer haha

I feel like being contrary and saying it could hold around 11.13

Could be to do with options expiry,bullion banks take the price down to kill the call options.My guess if this is the case,precious metals specifically gold and silver will rally on mon and tues,

Buying a few coins at a time from a dealer is not like buying shares.
You can buy shares instantly and if the price has dropped 5% for a minute then timing is everything.
I would assume coin dealers like Atkinsons and the rest set their prices on a moving average and not a real time price.
Spot is updated every minute or so and you may see a little change in their prices but if the market gets hammered I very much doubt their prices will match sudden big dips. On market crashes you tend to find everything is sold out or unavailable - especially gold.

IMHO it is not really worth bothering to try and time the market if you are buying weekly or monthly to try and save £10 or £20 it might cost you £20 more after May day.
 
Just keep buying and don't worry about trivial amounts of money.The PMs market will turn around big time,when I haven't a clue could be next month or 5 years time,but as the saying goes you have to be in it to win it, and it will come just be patient and keep buying.

I have pinned this thread as I think it is a good topic which will run and run. Worth having it pinned to stop duplicate threads coming up. We already have the "Price Movement" thread discussing similar issues, so I thought by sticking this at the top of the forum it would prompt us all to use this thread to discuss silver prices, and keep all that conversation in one place.
 
Personally, I don't agree with the crazy hippo - I don't see this last 'peak' as being as far as silver will go. I still feel bullish about silver, and expect the upwards trend started in January will continue after this brief hiccup. Looks at today's chart - it gained back twice what it lost this AM. Will gain tomorrow too I think. I think the days of £5 £6 or £7 silver are long behind us, not ahead!!!

Aaaaand it's at £11.72, i've got a pool of about £400-500 to play with and I missed that nice little trough to get some buys in :/.
 
Ah well

I decline to answer. LOL 
 
Nah we have a fun relationship. There isn’t any violence, but if there was any it would come from her. <- i can assure you she is grinning at this very moment plotting her revenge for me writing this.
So much for the oppressed muslim woman PAH. 

lol, 11.52. 
 
i think it will rise maybe 30p and then get smacked real hard down to 11 dead.... May-Aug seem to be bitch-slap season for silver.
that little fall off the cliff seems to be in line with summertime falls... lets keep an eye on it, and if it gets trampled like an abused husband in a marriage.
lets “liberate” it from its oppressive owners hahah.
 
 
 
 
Disclaimer: I am not, nor have I ever been abused by my wife. (yep she insisted i write that - love her)

Today I bought 1kg 2014 Perth Mint Lunar Horse & a roll of 20 1oz 2014 Perth Mint Kookaburra coins