Silver Monitoring Thread £ (GBP) only.

[Leonmarsh]

Also the Sikver forum is the place to be a community off trusted people, 

The psychology of Pms are very interesting similar to fashion 

Differenxe between a Richard mile watch and casio - tell the time however its desire at a point in time where the value is 

You watch the day lizzie dies, mania about the last coin minted with her face in so it's worth x, in reality its no different on price from the day before when she was alive but the fact is she isn't alive anymore - the moment in time 

I have been on a steep steep. Learning curve helped by alot of people on here with far more knowdledge 

The moment in time is very hard and only the more experienced people here seem to get it right

I have but have also have not hence why I have moved into what I love things with history and a story so at least I can live off that without loking at the price all the time  

 

[spoon]

Thanks guys you have made me feel a lot more comfortable regarding selling my silver via this forum If I ever need to do that. I will keep it for now and as leon advised I will enjoy fondling it until the spot price goes up. Hopefully It will go a bit higher and I can sell and then buy back in at a lower price but knowing my luck I will sell at $50 and it will then go to $100. Anyway i feel a lot better than i did before i joined this forum. Thanks again

[Spence098]

2 minutes ago, spoon said:

Thanks guys you have made me feel a lot more comfortable regarding selling my silver via this forum If I ever need to do that. I will keep it for now and as leon advised I will enjoy fondling it until the spot price goes up. Hopefully It will go a bit higher and I can sell and then buy back in at a lower price but knowing my luck I will sell at $50 and it will then go to $100. Anyway i feel a lot better than i did before i joined this forum. Thanks again

As long as you're  making money and not loosing it thats all that matters my friend 👍

[Stacktastic]

10 hours ago, spoon said:

Thanks guys you have made me feel a lot more comfortable regarding selling my silver via this forum If I ever need to do that.

100% pleasant and successful transitions on here - spot on, although you might not get the higher prices during a silver rush like last week. 
Ebay is better for higher prices, but you pay commission and can run into some shady characters. like the people that sell 25 brit tubes for £1000!!! 

Pick sellers that have a good forum reputation & some decent feedback. When it comes to buyers, you just need someone that pays quickly.

Edited February 13, 2021 by Stacktastic

[spoon]

Hi stacktastic thanks for the Info.  Your advice makes sense and I will avoid ebay and instead do my buying and selling on this forum.

Sorry to be thick but could you tell me how you managed to just use part of my statement instead of my full post? Is it a case of just highlighting the part of the quote you want to use and clicking on quote or is that wrong?. I am not to good with tech. Maybe I should not even be asking that question here but I cant find the thread that teachers noobs how to use this forum. I have never joined a forum before and I am using a smartphone not a computer. Thanks in advance.🙂

[Drawga]

the + Quote button underneath the text opposite the heart icon

 

[spoon]

5 minutes ago, Drawga said:

the + Quote button underneath the text opposite the heart icon

 

Ahh yes thank you. I can now see that you can edit the quote that way....thanks again. 

[sixgun]

Further to my earlier comment:

Other people were wondering why the silver ETF's were shorting silver on the COMEX.

 

[sixgun]

Mario and Chris discuss the same Jeff Curry comment. That others have picked up on this really does make me think they are selling shorts against the silver in SLV to suppress the price.

 

[Nick1368]

Looks like Gold and Silver are going opposite directions, very interesting 🤨 

[Martin1983]

2 hours ago, Nick1368 said:

Looks like Gold and Silver are going opposite directions, very interesting 🤨 

I have just bought my very first gold bullion today, although i think gold will continue to dfall before a rise, its always better to buy when the price is coming down and just keep buying, the gold to silver ratio taking premiums into account would say gold is the metal to buy at the moment.

[Nick1368]

10 minutes ago, Martin1983 said:

I have just bought my very first gold bullion today, although i think gold will continue to dfall before a rise, its always better to buy when the price is coming down and just keep buying, the gold to silver ratio taking premiums into account would say gold is the metal to buy at the moment.

congratulations on your Gold purchase .

[Stacktastic]

 

4 hours ago, Nick1368 said:

Looks like Gold and Silver are going opposite directions, very interesting 🤨 

It should go back up tonight, When the asian markets open. 
Chinese New Year this weekend & the NYSE is closed today - Marton Luther King day. 
I assume the Canadian exchange is open though, so that might do some damage. 

Thats my line of thinking anyway, but its held strong over $1800. £1300. 
If those levels get hit then it could certainly take more of a tumble - been watching it all day and its pretty stable. 

1 hour ago, Martin1983 said:

I have just bought my very first gold bullion today

Nice one. Just had dispatch confirmation from my ones at ATS ordered at the weekend. 
Goota make the most of price reductions.

Edited February 15, 2021 by Stacktastic

[sixgun]

[Minimalist]

On 12/02/2021 at 07:38, Kman said:

I would argue the link is times of economic/monetary trouble

You could post a chart of unemployment with QE and they would correlate

Or you could post a chart with unemployment and silver and say wow people really like to buy silver when they lose their jobs

You can, its simply your psychological biological process as a human being. But mine, thankfully, is not insulted by the belabored narrative belief system of "deflation" which serves and supports the financial terrorism of stealing life, wealth and experience of billions of people. Ill never forget when you radiated your misguided arrogance as though I am wrong or at least argued in doubt for paying the increase of my council tax because it never supported the financial terrorists charts of CPI and other gangster deceptive manipulated data. The renewed sense of ignorance and dogma is incredible when someone is so convinced by elite people that they presented to them, through a chart, that the real world is wrong and that the banks must continue to expand the money supply or humanity is finished. Hahaha, tremendous.

Anyway, a good chart to look at is the "class system", it resembles the classic pyramid scheme.... Oh wait!

 

On 15/02/2021 at 10:56, Nick1368 said:

Looks like Gold and Silver are going opposite directions, very interesting 🤨 

Its time to purchase, the Buffalo coin is on its way, act accordingly. 

Edited February 16, 2021 by Minimalist

[SPGfuntime]

Melvin Capital asking again to be f**d, they added 5.5mio of Puts

[HerefordBullyun]

https://www.zerohedge.com/commodities/twilight-zone-etf-provider-warns-buying-silver-will-harm-hedge-funds-and-large-banks

One day the chickens will come home to roost

[Spark268]

iShares has been caught issuing shares without buying the underlying metal before, and got fined by the SEC for it. I think it was for their gold ETF.

its glaring how these prospectii, written by GBP 1000 a day lawyers do not define, in Materialised Form exactly what the silver price is - it is deliberately left vague yet seems to track the paper price.

Over the past few weeks, the premium on physical silver price has been up to 70% higher,  yet these have not been incorporated into the ETF price - meaning that ETF holders have lost out since end Jan.

 

Edited February 18, 2021 by Spark268

[sixgun]

[Stacktastic]

37 minutes ago, sixgun said:

Love it. 

[Martlet]

On 18/02/2021 at 14:17, Spark268 said:

iShares has been caught issuing shares without buying the underlying metal before, and got fined by the SEC for it. I think it was for their gold ETF.

its glaring how these prospectii, written by GBP 1000 a day lawyers do not define, in Materialised Form exactly what the silver price is - it is deliberately left vague yet seems to track the paper price.

Over the past few weeks, the premium on physical silver price has been up to 70% higher,  yet these have not been incorporated into the ETF price - meaning that ETF holders have lost out since end Jan.

 

Retail 1oz coin price is not same as prices in the wholesale market.  Bairds will sell you a kilo for ~5% in volume. 

[Paul]

In other news no one noticed silver has broke £20oz !

i never heard the trumpets 

[Robda1986]

9 minutes ago, Paul said:

In other news no one noticed silver has broke £20oz !

i never heard the trumpets 

Did see it earlier buy the 3 Graces seem to have taken the spotlight 

[Spence098]

🚀🚀🌚🌚

[Howming]

On 19/02/2021 at 17:52, sixgun said:

😂 - literally happened to me once upon a time.

She’s not so cross ATM 😅

Edited February 22, 2021 by Howming