Silver Monitoring Thread £ (GBP) only.

[HelpingHands]

10 oz koala watch for me. It's just not as catchy.

[craig12]

what time  uk time will we know if qe has ended 

[BaldyBob]

It should be the lunar Kilo watch.

 

You can only find them from the side menu...but still the best price per oz....except for those 2nd Phils.

[Cornishfarmer]

It should be the lunar Kilo watch.

You can only find them from the side menu...but still the best price per oz....except for those 2nd Phils.

Can still get the lunar kilo 35p/oz cheaper if you shop around

[HawkHybrid]

does anyone else think that the silver price is likely to drop?

 

HH

[Shamatti]

does anyone else think that the silver price is likely to drop?

 

HH

 

I don't. So it probably will.

[crazy hippo]

anyone know when industrial usage figures for ’14 will be released, if so this might make a difference. and then the PTB will suppress it and drive the price down.

 

What is the £ on a lunar kilo atm? - and are horses still around?

Edited October 29, 2014 by crazy hippo

[Cornishfarmer]

anyone know when industrial usage figures for ’14 will be released, if so this might make a difference. and then the PTB will suppress it and drive the price down.

What is the £ on a lunar kilo atm? - and are horses still around?

http://www.gold.de/preisvergleich,34,Lunar-Serie-II.html

Edited October 29, 2014 by Cornishfarmer

[craig12]

any news on q e  yet

[Cointreau]

any news on q e  yet

News of it at 6 pm our time.

[craig12]

thanks cointreau

[Cointreau]

I wonder if there will be another smackdown today?

Yep, gold smacked down to $1215 but silver not down on the day.

Edited October 29, 2014 by Cointreau

[craig12]

will pm,a rise now qe has ended , gold seems to be going down but silver seems to be climbing

[Cointreau]

Gold 1208 now.

[garthy]

So QE has ended but they pledged to keep interest rates low for a while yet, gold, silver and the dow doesn't like it, should be interesting to see where we go from here.

[HelpingHands]

, should be interesting to see where we go from here.

QE4

[Stretch]

Looks like cash is gonna be king for a while with some great bargains to be had after the new year.

[craig12]

its kind of unfair to use the $ as  pointer  but were under the $17 mark now  $16.90  the usa stackers and aus stackers  do use this quite a lot for a benchmark 

[Cointreau]

It's like centigrade and fahrenheit isn't it? I'm more comfortable with dollars.

Having said that £10.56 has to be the lowest price in sterling for a long time.

[garthy]

I personally prefer using dollars as silver's price in dollars, if you're using pounds you're looking at it through another market which isn't really a true reflection of the silver price, but obviously if we're buying we look at pounds.

 

So anyway silver hit a new low of $16.79 this morning, the bottom?

[garthy]

New low $16.74! 

[FriedrichVonHayek]

I think Gold and Silver are going much lower in the next few months.

Now that Q.E has ended in the U.S,interest rates could increase next year which will make it very bearish for precious metals.

But I believe a hike in interest rates will start the next financial crisis then we will be off to the races again.

[craig12]

I think I speak for a few members but at £10.54   now    who is brave enough to buy right now,  this is all over the shop , some people will buy and it goes lower  much like shares

[silversword]

Who cares if it drops more? I'd happily order now if I can afford to, because the price is cheap in my opinion. Many on here can remember much higher prices, so £10.56 is a comparative bargain regardless.

If it falls after I buy, I don't care. I am not going to be selling next week, or even next year.

[FriedrichVonHayek]

I think I speak for a few members but at £10.54   now    who is brave enough to buy right now,  this is all over the shop , some people will buy and it goes lower  much like shares

You just have to Pound cost average.

The sentiment is terrible.

Most of the people I follow on youtube have disappeared.

I think if we get another steep drop then this could be the final washout.