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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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On 19/05/2024 at 12:36, Thelonerangershorse said:

You think that's tough, I live up north, if I wanted waitrose I'd probably have to drive south of watford gap.

Come to Harrogate, the South of the North.

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Silver has been put on the knee and getting a gentle smack on the bottom.   Let's hope later the belt doesn't come out

Never Chase and Never Regret 

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5 minutes ago, Spyder said:

Silver has been put on the knee and getting a gentle smack on the bottom.   Let's hope later the belt doesn't come out

Looks like the US has gotten a hold of the futures market and selling heavily in silver and gold to dump the prices

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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Just now, Gruff said:

Looks like the US has gotten a hold of the futures market and selling heavily in silver and gold to dump the prices

I recon they will control it for a couple of days and later this week, will make new highs

Never Chase and Never Regret 

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If you started stacking in 2011 at the top you would still be better off if you follow an averaging down policy as I do.  I actually started in 2020 but I just buy whatever the price because silver is the most unvalued asset on the planet in my opinion.  Silver has a long way to go and India has gone buying crazy!

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Just now, James32 said:

Just want to ask which colour I should commit to for my Lamborghini?

The dealership needs an answer within the week.

Option 1) gun metal grey 

Option 2) canary yellow 

Thoughts appreciated.

Nope , “ you know who’s permission you must seek first “ wee man “ and it isn’t the car dealer “”?? 💣🔥🚗

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1 minute ago, James32 said:

Just want to ask which colour I should commit to for my Lamborghini?

The dealership needs an answer within the week.

Option 1) gun metal grey 

Option 2) canary yellow 

Thoughts appreciated.

If you sell your silver to get the Lambo you'll only have your 4 ton's of gold left. Get it in yellow. in keeping with the metal you have left.

By the way, It's a little up, a little down. Seems to be generally going sideways. I'm still holding out for a $50 usd price. 

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Current Price

£25.15

Live Change

0.23% £+0.06

Live high £25.16

 

Live low £25.08

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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Current Price

£25.21

Live Change

0.12% £+0.03

Live high £25.21

 

Live low £25.14

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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28 minutes ago, James32 said:

Just want to ask which colour I should commit to for my Lamborghini?

The dealership needs an answer within the week.

Option 1) gun metal grey 

Option 2) canary yellow 

Thoughts appreciated.

It doesn't matter which colour you get, Lambo's are s***e. You're better off with a Honda.

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It's been a pleasant surprise to everybody then that silver didn't get smacked down today?

There's been lots of selling, lots of dips, heavy selling started around $29.15. Silver has taken everything on the chin and continued to march forward. Almost surreal

We're close to the limit (£25.40/$32.30) of what it will take for today IMHO

My hope is for consolidation. Closing above $31 today and holding above $30 until July would be a perfect scenario, give us our sea legs for the voyage to the moon in Sept-Dec 2024 and all of 2025

Mind is primary and mass-energy is derivative

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Current Price

£25.10

Live Change

-0.14% £-0.03

Live high £25.14

 

Live low £25.10

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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57 minutes ago, Xander said:

It doesn't matter which colour you get, Lambo's are s***e. You're better off with a Honda.

Ok, I'm going with a Honda, thanks to your suggestion. Quick question though..what will I do with the extra money?

I like to buy the pre-dip dip

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Current Price

£25.37

Live Change

0.32% £+0.08

Live high £25.39

 

Live low £25.29

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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