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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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Lets see what happens with the pound after today's referendum vote.

 

The only certainty at the moment is uncertainty.

 

I am not expecting any significant movements for a while yet, just more bouncing around. September - on average - sees gold increase by over 2%, this year it has fallen, so far. I am looking at October for the start of a recovery, of sorts. Perhaps gaining up to 10% by the end of the year. That will, of course, depend on what happens in the middle east.

 

So my prediction/advice? Buy now if you can, prices will track upwards for the rest of the year.

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if its a yes ill send you personally a copper round  free of charge , if that's a yes  ill be amazed , the amount of underhand tactics , the 3 leaders did to the scots, its a pity alex couldn't have been able to write in the terms of the vote  that the 3 leaders were not allowed to storm up like that

I really

think it would have been a yes without the 3 stooges getting involved

total shambles  that's now  not a democratic vote

is it 1 man 1 vote  where by if theres  1 more yes than no then the yes campaign win   or is voting for areas like a general election

Edited by craig12
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With the markets winding down, I'd be shocked if we saw any sudden large movements before the close, but then you never know with this game...

 

Not that long ago, I was pretty pleased to be buying in the low £12/oz range, so whether it's £10.95 or £11.05 I really couldn't care less; I feel it's a good price for the physical metal.

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