Silver Monitoring Thread £ (GBP) only.

[silversword]

It already dropped into the 9's early this morning.

Apologies, I'm not a morning person

[Cointreau]

Just resting on top of those ancient tops.

silver price chart.jpg

What site did you get this from?

[HelpingHands]

I just clicked one of the charts at the bottom of the forum. Then set to £s and 10year.

[HighlandTiger]

maybe the correction is back down to 2/3£ an oz

 

If it goes down to those levels, then I'm afraid silver stacking of coins, with their premiums for minting etc, will be economically not viable as an investment method.

 

Whilst silver is down to 2008 levels, Gold is only down to 2010 levels  

[HelpingHands]

Whilst silver is down to 2008 levels, Gold is only down to 2010 levels

But which is better? There is only one way to find out.

[Shamatti]

£10.01. Man I wish I had some spare cash!

[Danny-boy]

£10.01. Man I wish I had some spare cash!

I haven't had time to look, but has the drop in spot been reflected at the vendors?

[HelpingHands]

Kilowatch £391.52 (was 399 when silverbogbrush started that thread)

Maple watch 12.39

10oz Koalawatch 122.15

Edited October 31, 2014 by Helping Hands

[Cointreau]

I just clicked one of the charts at the bottom of the forum. Then set to £s and 10year.

What a genius!

[crazy hippo]

silver scraping £10 an oz, no apparent bottom, whats the support structure?

 

if economic news continues to be positive over the next few Q’s then how low could it go.

 

All this means to me is less pretty coins and more bars.

[Wardie73]

I'm off to the gym, I can't take all this excitement ........

[Stretch]

I'm told there's no support below $16 untill $14.

[craig12]

how can the economic news be good it feels terrible, part time  zero hours contracts, millions in debt and spiralling, we don't make much to export , immigration out of control,  c,mon really   its all smoke and mirrors,  I hear japan is now  starting qe

I heard a good phrase this morning   you cant mess with financial mother nature

and the guy who writes rich dad poor dad   .. luv this one  ...cash is trash.....

Edited October 31, 2014 by craig12

[HighlandTiger]

Lol. Craig you really shouldn't be taking to much notice of these financial bloggers etc. These same guys were telling us silver was going up this year and the bottom had been reached. Like us they haven't got a clue what pm prices are going to do. [emoji1]

Edited October 31, 2014 by Highland Tiger

[a_a]

$14, that's like what, £8? Sweet.

 

I am wondering what the main driver for this sudden drop is and there's a few things going on, Ukraine calming down a bit, Ebola not killing loads of people yet, the financial world not collapsing the minute they stop QE. Anyone want to guess what the weekend spot lock-in will be?

[HelpingHands]

Apologies, I'm not a morning person

See Bullionbypost live price right now for afternoon people.

[craig12]

£9.90  £9.90

[HelpingHands]

I think our charts at the bottom of the forum have broke.

[watchesandwhisky]

I made a prediction a few weeks back of silver dropping to £9 an ounce, going sidewards between 9-10 for a couple of years and then a new bull run, if that happens then I will be publishing a new book "how the hell did i guess that" and market myself as some kind of guru

Edited October 31, 2014 by madhatter

[HelpingHands]

But, if it drops to £8 I'm cancelling my subscription to your newsletter.

Edited October 31, 2014 by Helping Hands

[craig12]

imm both excited and worried

Edited October 31, 2014 by craig12

[Kman]

imm both excited and worried

 

What are you worried about sweet prince? 

[craig12]

I dont know  I cant help thinking about the you tube clips .the silver bomb  in it the guy talks about a once in a lifetime opportunity that will be coming shortly( published around 18 months ago)  is this what he was talking about

[craig12]

in $ its $15.89   tune in to ss and find the guys no longer talking pirate talk , but they now have become more up to date  driving pick up trucks , and they all drive in reverse

[Agpanda]

£9,97 now, i need more cash