Silver Monitoring Thread £ (GBP) only.

[HerefordBullyun]

2 hours ago, SidS said:

Oh and there's another one, these seem to be coming in thicker and faster.

https://www.msn.com/en-gb/money/other/global-economy-facing-bout-of-stagflation-as-soaring-prices-and-chaos-in-supply-chains-and-energy-market-wreak-havoc-for-businesses/ar-AAP3ck5?ocid=mailsignout&li=BBoPWjQ

 

Edited to add: I particularly like the quote "inflation is suddenly everywhere..."

Hmm well, didn't see that coming. 🤔

Inflation denial is a slieght of hand given by bankers, government and the media. All intertwined and some.

Victoriains, who my grandfather was bought up by was a very strict man, was bought up by those standards, because Victorians wanted to show all thier silver in abundence when, dining, that was a real show of wealth - now its how big someones car is, well dressed or plasma is.  But I could see it was rubbed off on him, as a child I felt suppressed with the whole be seen and not heard, but he always had silver plate candlelbra, because he was hard working man from the north, and actualy became one of the directors of an engineering firm, but close his retirement age, who he worked for from the ranks as an apprentice.  

Where my mothers side didnt have a pot to pish in. I can honestly say all my family have worked hard, like many others here im sure. I can honestly say I dont think ive been unemployed since 16, due to a few months ill health and its still been prolonnged but still continued to do so. 

The problem is now people had been fed the blue pill, that life revolves around debt. Indetedness is a social media conditioning aspect and the mainstream media, every column that katie price has this. Maya jama has that.

Its delusional conditioning thats happened for years, conditioning and driving egos of the century of the self. but its come from the top, becuase they are fortunate to have those connections, and theyve marketed it to the fools who cant pay, but they profit by selling that debt for thier prosperity.  Which is basically the banking system now. based on a lie, becuase the money we hold is absolutely worthless.

 

 

Edited October 2, 2021 by HerefordBullyun

[Minimalist]

You are 100% correct, mate. I admire the older generations, the stubborness and anti political correctness… But most of all… the hard graft and the family unit.

Now, its the opposite. Monetary policy has f*cked everything.

I cant stand the way things are socially and economically in most cases. Most people dont know food is grown, they genuinely believe supermarkets produce them, people are conditioned into thinking social media is a reflection of real life, the "smart"phone has people conditioned into socially awkward humans. Everyone is offended. You cant tell a joke. If you tell the truth you get branded a conspiracy theorist. Most people are up to their eyeballs in debt. Theres much more I could use as an example but I genuinely looked up at Old School people… People who had honour in the family, work and if someone stepped out of line they got taken care off. Its all now about no accountablity and perpetuating mental illness.

I am disgusted with the West @HerefordBullyun

[Roy]

“A man’s right to work as he will, to spend what he earns, to own property, to have the state as servant and not as master—these are the British inheritance.” 

[HerefordBullyun]

16 minutes ago, Roy said:

“A man’s HAS to work as he will, to spend what he earns is enslaved by a debt scheme, to own property thats based on over an inflated ponzi scheme, to have the state as master and not as servant— this is the British  truth of inheritance.” 

I've changed your political soundbyte @Roy and above is the reality.

[Roy]

You were born too late, sorry 😇

[HerefordBullyun]

9 minutes ago, Roy said:

You were born too late, sorry 😇

So have you watched the documentary above? it tells you all about history and waay before you were born. And remember if you look into past long enough - regardless of when you were born - history repeats itself, And repeat itself it will, with catastrophic consquences. The sad reality is people have been deluded into poilitcal and social conditioning by belief in political and ecomonic system that is completely flawed and broken. The illusion created is prosperity, but that prosperity is, has and will continue to errode. Its a harsh reality that people wont accept. 

Edited October 2, 2021 by HerefordBullyun

[Roy]

I have. Look, I've done my time. I'm neither deluded nor conditioned, my time has been prosperous and I will enjoy the benefits I have earned.

The quote I gave above is from Margaret Thatcher.

Do you think I'm 'conditioned', am I politically correct? I'm no more politically correct than you are bully, which makes us awesome.

Have things changed or are people just worried that things might have changed? I think expectations have changed. Everyone wants a 3 bed semi with a double garage.

[HerefordBullyun]

4 minutes ago, Roy said:

I have. Look, I've done my time. I'm neither deluded nor conditioned, my time has been prosperous and I will enjoy the benefits I have earned.

The quote I gave above is from Margaret Thatcher.

Do you think I'm 'conditioned', am I politically correct? I'm no more politically correct than you are bully, which makes us awesome.

Have things changed or are people just worried that things might have changed? I think expectations have changed. Everyone wants a 3 bed semi with a double garage.

my time has been prosperous and I will enjoy the benefits I have earned. Your lucky and enjoy them sir, but the reality is many dont becuase the system is broken and sold on a pack of lies. 

The quote I gave above is from Margaret Thatcher. - Im fully aware who it was and as Ive stated before - and I was born albiet - I was a young lad, no poitician whose been prime minister has been any good for this country, not one.  but i know you are doing a little deft touch of sparring

I think expectations have changed. Yes they have  - but to make those expections today is to enslave yourself in debt, thats unfortunately the truth. 

Do you think I'm 'conditioned - we all are to some extent, but our congative bias and dissonance kicks in. its the pysche of human survival', am I politically correct? I'm no more politically correct than you are bully, which makes us awesome. - I dont doubt that for one second.

[HerefordBullyun]

I think this sums perfectly what @Minimalist

@sixgun are trying to tell you @HawkHybrid, @Roy and @Martlet.

 

watch the video

 

 

 

[Minimalist]

That video is the complete truth. Outstanding.

Too many people will deny it while watching Eastenders, Kim Kardarshian and all that p*sh.

Its full steam ahead with the asylum @HerefordBullyun

[CollectorKyle]

Long story short I admire the vast majority of the above members.

@HerefordBullyun & @Minimalistin particular. You boys are class.

I don’t have a lot of silver and no gold (next purchase for sure, very annoyed I missed the gap where Sovereigns were available for 300~)

 

Back on topic…

What does everyone think silver will do this week? I am interested to hear views and reasoning. I don’t know enough about what impacts prices and I don’t really care, I try to buy low. Physical only.

Anything else is addition to an already overfed beast in my opinion an overly ignorant view, maybe but I don’t have the funds to spray about (as per the above Twitter video which is bang on!)

Cheers!!

[sovereignsteve]

In general, and this isn't scientific as I haven't done the research, Metals get knocked down on Friday and then spend the next week recovering.

[HerefordBullyun]

On 01/10/2021 at 21:28, SidS said:

I know inflation has been mentioned earlier in this thread. Both the Telegraph and Daily Express have flagged that inflation is a concern in the EU now, running over 3%, similar to what the BOE reported last month or so.

It's trickling through... Or at least their ability to imply it is under control seems to be slipping?

Mainstream media only highlight its when the horse has already bolted from the stable. Because they can inform thier mates...... but you really need to ask who those mates.... really are? Its not the common man, that I will tell you! For the record the daily express also is sensationalist drivel like the daily mail.  A fearmongering tabloid, that actually creates panic and anger amongst the middle working class, a classic psyop paper. Back on topic SLV is a paper psyop, thats rigged the markets for years. And JP Morgan is getting sued again....thier fines now rack up to SO FAR - a measly 42 BILLION.. Compare that to the amount theyve made in shorting silver - its Trillions.

https://www.reuters.com/business/finance/florida-miners-lawsuit-accuses-jpmorgan-manipulating-silver-prices-2021-10-01/

 

Edited October 4, 2021 by HerefordBullyun

[CollectorKyle]

On 03/10/2021 at 16:48, sovereignsteve said:

In general, and this isn't scientific as I haven't done the research, Metals get knocked down on Friday and then spend the next week recovering.

I see this as a direct correlation to the real world antics of those trading vast amounts of paper. Getting on it at the weekend and recovering the rest of the week!

 

 @HerefordBullyun I think it’s all a pysop mate, and I’d imagine a large amount of the markets are rigged in some way, but I am just a small time collector of shiny things.

love the picture by the way, A+ for effort!!

 

Back on topic…

Its been fluctuating all week in what I think is a small margin and dipped to a longterm low today which isn’t good. Either a steady but slow increase of a continued flip flopping on the downward track.

The later being my guess, backed by level 0 knowledge.

Edited October 7, 2021 by CollectorKyle

[HerefordBullyun]

26 minutes ago, CollectorKyle said:

 

 

 @HerefordBullyun I think it’s all a pysop mate, and I’d imagine a large amount of the markets are rigged in some way, but I am just a small time collector of shiny things.

love the picture by the way, A+ for effort!!

 

Do you know why the London Stock exchange is delayed by 15 minutes? To get the live feed you need a 80k A year Bloomberg terminal. Its only for the few. So you cant trade real time by then you could have missed the opportunity, thnink long and hard how that works with comex and LMBA banks..... They have it rigged. its one big club and you and i aint in it! But Also if you just went long shorting silver you'd make lot of money over time, because it part of the game to cover the shot gun wounds with plasters.....

Edited October 7, 2021 by HerefordBullyun

[silversky]

Seems to me that with what looks like the dreaded stagflation starting to creep in (inflation everywhere but disappointing employment and economic activity), as other commodities rise, it's going to get harder and harder to knock silver down in the wee hours.  I'm not expecting moonshots or much excitement over the next month or two.  But I do think that a floor was finally put in last week and that the bears have had their fill.

[Stacktastic]

2 hours ago, silversky said:

stagflation

Remind me the difference between stagflation, inflation, deflation or intoxication. 😛
What would the effect be in the current economic situation and what would cause it? 

I dont know how many thousands of videos I have watched from experts over the last year, but no one seems to know anything really. The most accurate analysts I have come across is Lynn Alden & the most angry, but often correct would be Peter Schiff.  

Would be nice in some way to make a logical guess from all of these expert options. But your right everyone is talking about inflation now & its one of the more noticeable things as it hit us peasants first and last. 

Edited October 8, 2021 by Stacktastic

[Bigmarc]

34 minutes ago, Stacktastic said:

Peter Schiff

Don't know why, I just can't listen to his podcasts. None of the information sinks in as he doesn't seem to take a breath between one sentence and the next. 

[silversky]

1 hour ago, Stacktastic said:

Remind me the difference between stagflation, inflation, deflation or intoxication. 😛
What would the effect be in the current economic situation and what would cause it? 

I dont know how many thousands of videos I have watched from experts over the last year, but no one seems to know anything really. The most accurate analysts I have come across is Lynn Alden & the most angry, but often correct would be Peter Schiff.  

Would be nice in some way to make a logical guess from all of these expert options. But your right everyone is talking about inflation now & its one of the more noticeable things as it hit us peasants first and last. 

Stagflation = stagnant economy + inflation.  As distinct from buoyant economy + inflation.

Todays job numbers in the US were disappointing again.  But paradoxically, this can be seen these days as a good thing by the gamblers in the stock and currency markets; because bad news means that the fed will pump more juice.  Yay!

Back in reality though, actual inflation is definitely creeping in.  It doesn't matter what the fed says about it being transitory, we all know that prices for just about everything are rising.  They have been for a while actually but most people hadn't noticed, until the petrol and gas issues kicked in.  Real energy prices are rising, mostly because of long term silly policies regarding generation, and everything is getting more expensive to produce and transport.

A lot of damage has been done in the energy sector, and this is most certainly not transitory.  It's going to take years to sort out the mess, and that's IF the politicians can grow a pair and stop pretending CO2 is a pollutant. No chance of that on the horizon so inflation is definitely coming from energy costs alone. Meanwhile, the economy is faltering due to other global issues bearing down on it (many self induced).  The situation is now stagnant and inflationary.

I know what you mean about divining anything useful from all of these "experts".  But I can't see too much downside to holding onto most real assets during a period of inflation.  Better than holding cash as we all get poorer and the central printers keep on printing.  That's why I think the bottom is in for Silver.  It's because it's in for most physical things.

Edited October 8, 2021 by silversky
grammar

[Spark268]

2 hours ago, Stacktastic said:

Remind me the difference between stagflation, inflation, deflation or intoxication. 😛
What would the effect be in the current economic situation and what would cause it? 

I dont know how many thousands of videos I have watched from experts over the last year, but no one seems to know anything really. The most accurate analysts I have come across is Lynn Alden & the most angry, but often correct would be Peter Schiff.  

Would be nice in some way to make a logical guess from all of these expert options. But your right everyone is talking about inflation now & its one of the more noticeable things as it hit us peasants first and last. 

these are all terms to describe the phenomom of rising or falling prices, in different ways. One could add a few more to the pile: shrinkflation, disinflation, cost-inflation, demand pull inflation, cr4pflation, basis risk and so on.

the reality is that the price of every good is always changing and subject to offsetting forces. to label everything to one type of inflation to the ignorance of everything else, is well ignorant.

Edited October 8, 2021 by Spark268

[Minimalist]

5 hours ago, silversky said:

I'm not expecting moonshots or much excitement over the next month or two.  But I do think that a floor was finally put in last week and that the bears have had their fill.

I have been thinking this. But it wouldnt surprise me if the cartel keeps loading up on shorts. Its criminal.

[pablitto83]

I'd like to ask about your predictions about siler price if we get another bunch of restrictions, and economy will be scared. I checked the charts of silver price during 2020. When lockdowns started, silver plummet (I believe it was a liquidation on futures trading, and demand of having cash in uncertain time). After a short while, prices gone up a lot (stimuluses). Gold in other hand didn't marked such a dip. 

Just try to predict what can happen with precision metas pices when government  will start messing ip again.

[Gruff]

8 hours ago, pablitto83 said:

I'd like to ask about your predictions about siler price if we get another bunch of restrictions, and economy will be scared. I checked the charts of silver price during 2020. When lockdowns started, silver plummet (I believe it was a liquidation on futures trading, and demand of having cash in uncertain time). After a short while, prices gone up a lot (stimuluses). Gold in other hand didn't marked such a dip. 

Just try to predict what can happen with precision metas pices when government  will start messing ip again.

That sir is the $100 billion question!

If someone could accurately predict that, they'd be wealthy. For me personally there are too many variables to try and assess which way this will likely go. However I'd say if the market crashes, PMs will take a hit again as investments are liquidated to cover losses.

The reason I say there are too many variables, is that over the last 20 months more FIAT debt has been created globally than at any other time in history. So the world is in a very different place it was in March 2020. 

If you're into silver for the long term, I'd just look to keep DCA'ing and accumulate silver regardless. That way, if it crashes, you hold on and allow it to rise out the other side, and if you have the ability you can add to your position, and if it doesn't, you've accumulated some holdings prior to it increasing pass a point that you can afford. 
A lot of long term silver bugs/gurus will state that you don't get into silver to make you millions. You get into physical silver to hedge against inflation and bank collapses in the future and to protect your wealth.

Hope that helps.

[pablitto83]

I don't invest in PM to.make money  on it. I am aware that it normally don't bring profit, it is a store of value. So I buy from time to time some bullion (silver and gold). With no intention to sell any soon. More like my retirement pot, or a tiny top up. I try to diversify money I manage to earn. Not much, as I don't call myself a wealthy person. But keeping money in a cupboard is purely a loss, it's better just to spend it on holidays than save...

Btw, just looking for options apart of having phisicall bullion at home. Inoniw there is a bulliob vault, some dealers offer to keep PM in vaults in Switzerland.. It is not a paper PM, but how safe it  is? Some ETFs are backed by physical metal, and are threated as safe. Just looking to safely locate an equivalent of tub of silver every few months , buying at lowest premium..  That will be safe for years and easy to sell

[Gruff]

2 hours ago, pablitto83 said:

I don't invest in PM to.make money  on it. I am aware that it normally don't bring profit, it is a store of value. So I buy from time to time some bullion (silver and gold). With no intention to sell any soon. More like my retirement pot, or a tiny top up. I try to diversify money I manage to earn. Not much, as I don't call myself a wealthy person. But keeping money in a cupboard is purely a loss, it's better just to spend it on holidays than save...

Btw, just looking for options apart of having phisicall bullion at home. Inoniw there is a bulliob vault, some dealers offer to keep PM in vaults in Switzerland.. It is not a paper PM, but how safe it  is? Some ETFs are backed by physical metal, and are threated as safe. Just looking to safely locate an equivalent of tub of silver every few months , buying at lowest premium..  That will be safe for years and easy to sell

I was keeping it as a generalisation. It's just how I see it. A lot of hype around PMs and Silver globally, an awakening of sorts. 

However, as you've mentioned it. I use BullionVault for some PM. However I am aware that there is a risk. In an SHTF scenario, there is nothing stopping the Swiss govt. from confiscating all the gold and silver held in country, the US has done it with gold in the past. So to quote a phrase that is oft mentioned by Bix Weir: "If you don't hold it, you don't own it!"

I'd like to think that Switzerland is about the safest place outside of your own home to hold PMs, seeing as they managed to remain unscathed in 2 world wars. I assume that's partly to do with them holding the elites wealth, or a vast amount of it. 

But I could be talking complete b*llocks on that. Just my 2 pence worth.