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Silver Monitoring Thread £ (GBP) only.


Message added by ChrisSilver

To discuss price action in USD instead, please see here: https://thesilverforum.com/topic/19861-silver-monitoring-thread-usd-only/

 

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1 minute ago, mik said:

With the recent sudden rises in silver price I found a little joy in selling off some BullionVault vaulted silver quickly and trawling TSF for physical silver for sale, priced at the old lower pricing. No more Kilos for £717.50 posted.

I sold all mine last year at a decent gain for the duration I had it

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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6 minutes ago, Gruff said:

I sold all mine last year at a decent gain for the duration I had it

All your physical silver? Or just the bullion vault side

I like to buy the pre-dip dip

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1 minute ago, silversky said:

I know it's tumbleweeds in here...  but Silver just broke the high from back in 2020!!  Silver chalked up the highest price it's been in 12 years...  

2020 silver squeeze movement period ?

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Back in 2020 the high was £22.725,  today's high £22.895.  Last time it was higher was all the way back in 2012 and 2011.  Still a long to go for that.

Edited by silversky

New profile pic to support the current thing, because it's current year.

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Indeed, it's all tumbleweed. Once it breaks £30, I think we'll see a hive of activity on here but the gold bugs, who are now also silver bugs and have mountains of the stuff :D 

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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1 minute ago, theman73 said:

I told you so

 

 

Screenshot 2024-04-12 065114.png

Screenshot 2024-04-12 065134.png

You could tell me it's Saturday tomorrow, and I wouldn't believe you

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

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6 minutes ago, flyingveepixie said:

I bought a bunch of silver from RM as a naive newbie and the price worked out at £27.70 per Brit, so mine is still underwater, but hope is on the horizon...

Most of my silver physical was bought from Chards in 2020/2021 and I was paying about £540-£575/25oz tube. However, it needs to 10x for me to sell to pay any decent amount off the mortgage, but still well happy at the profit at the moment, but it wouldn't make a meaningful dent. Clearly didn't back the truck up!

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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