Silver Monitoring Thread £ (GBP) only.

[SidS]

19 minutes ago, Petra said:

Hoorah!😮😮the graphs are back … ti e to get serious……😮😮keep buying 😮🤔

Thanks you've just put Celine Dion in my head... 😄

[bobski]

£22.77

[FriedrichVonHayek]

China really wants the West's Silver.

 Shanghai

15 Apr 2024 

PM USD 32.04

[James32]

1 minute ago, FriedrichVonHayek said:

China really wants the West's Silver.

 Shanghai

15 Apr 2024 

PM USD 32.04

They can have mine at that price..

[theman73]

Just now, FriedrichVonHayek said:

China really wants the West's Silver.

 Shanghai

15 Apr 2024 

PM USD 32.04

It would be best to understand that Shanghai is part of a closed market in a communist country.

[FriedrichVonHayek]

Just now, theman73 said:

It would be best to understand that Shanghai is part of a closed market in a communist country.

As opposed to the Western Free market.

[theman73]

7 minutes ago, FriedrichVonHayek said:

As opposed to the Western Free market.

You are right but there are other rules and taxes so the price in Shanghai won't influence our ''free market''

[FriedrichVonHayek]

4 minutes ago, theman73 said:

You are right but there are other rules and taxes so the price in Shanghai won't influence our ''free market''

VAT in the Chinese Gold Market

Standard Gold in China is bullion cast by a LBMA or SGE approved refinery in the form of bars or ingots of 50 gram, 100 gram, 1 kilogram, 3 kilogram or 12.5 kilogram form, with a fineness (gold purity) of 9999, 9995, 999 or 995.

 

Both Standard Gold and Non-Standard Gold are exempt from VAT when imported into China by authorized gold importers.

 

The default rate of Value Added TAX (VAT) in China is 17%. However, various lower rates also exist.

 

Standard Gold sold on the Shanghai Gold Exchange (SGE) is VAT exempt.

 

A party to a gold transaction on the SGE will be issued with a “SGE Invoice”.

[bobski]

£22.62

[HonestMoneyGoldSilver]

Interesting take:

Is Silver About To Do A Cocoa? | ZeroHedge

[Petra]

4 hours ago, SidS said:

Thanks you've just put Celine Dion in my head... 😄

🤔any time🤔😮👍

[Gruff]

Silver is sniffing the  air of £23/oz

[Darr3nG]

1 minute ago, Gruff said:

Silver is sniffing the  air of £23/oz

This is so well setup for a @HerefordBullyun response... just sayin'  

[James32]

£23.01 boooom I'm not rich

[silversky]

Well it nearly blitzed straight through to 24 last week, without a even a single day in 23.  A bit premature.

[HerefordBullyun]

13 minutes ago, Darr3nG said:

This is so well setup for a @HerefordBullyun response... just sayin'  

Reported on 3 counts!

I dont sniff curtains but you should if I've been lurking.

Reported for being Scottish.

Reported for defamation of character theres only one thing I sniff at is the current prices of the sales page because I cant afford to buy...

 

1 minute ago, silversky said:

A bit premature.

Story of my life...

[Darr3nG]

4 minutes ago, HerefordBullyun said:

Reported for being Scottish.

Reported for geographic dyslexia. 

[Gruff]

 

 

[MBTPSilver]

Yeah, silver having a better day than gold today, though back below £23 again at the moment. A close above £23 would be nice.

[gji25]

1 hour ago, HerefordBullyun said:

Reported for defamation of character theres only one thing I sniff at is the current prices of the sales page because I cant afford to buy...

You could always flog your honour to a tory Mp

[HerefordBullyun]

6 minutes ago, gji25 said:

You could always flog your honour to a tory Mp

Lord caMoron hasn't got any honour and hes a lord nor his billionaire mate fishypoosack..

 

[HerefordBullyun]

26 minutes ago, Gruff said:

 

 

Has the forum lovers @James32 and @katyc been having Hoover pipes intertwined again hence the futures market spike? 

[Gruff]

1 hour ago, HerefordBullyun said:

Has the forum lovers @James32 and @katyc been having Hoover pipes intertwined again hence the futures market spike? 

Sadly not sure, I've not been invited to any candlelit interlude

[Gruff]

This could put pressure on Silver

[HerefordBullyun]

1 minute ago, Gruff said:

Sadly not sure, I've not been invited to any candlelit interlude

You need to get the candelabra and violin out with bow tie on and see if they are gazing into each others eyes pipes intertwined over a candle lit dinner....