Silver Monitoring Thread £ (GBP) only.

[Darr3nG]

1 minute ago, James32 said:

Will you be making a listing?

Waiting on a better Silver:Tinned Food ratio...

[Happypanda88]

6 hours ago, GoldDiggerDave said:

 

Seriously £18.54 will buy 13.2 cans of soup.  
 

10 years ago silver was £23.00 and for that I could buy 46 tins of soup when they were 6 for £3 at Morrisons………I can take the P all you want but those  morons on YT saying silver is a true store of wealth who the hell are they trying to kid? 
 

Even when silver bottomed at £10 that’s still 20 tins of soup per oz that’s still 51% more soup than today.  

to keep to a the same silver tin of silver ratio today then silver has to be a minimum of £64.40 per oz. If it’s not, then it’s not keeping up with inflation so impossible to be a good store of wealth……….I don’t want to dance on anyone’s hopes and dreams and if you think I’m wrong and silver is a good store of wealth and it’s a hedge against inflation I’m 100% genuinely happy to hear it as I’m sat on loads too.  

Your advice to me last time was to stack canned baked beans, so I did ! 

Now it's canned soup. But before that it was spam then Dr Martins. I can't keep up !   🤣

 

[ZRPMs]

20 minutes ago, Happypanda88 said:

Your advice to me last time was to stack canned baked beans, so I did ! 

Now it's canned soup. But before that it was spam then Dr Martins. I can't keep up !   🤣

 

My god it's beans and sausage

 

[Bigmarc]

Here's some TA on eggs for the silver forum silver hater's. Maybe your next venture. 

 

[SidS]

7 hours ago, ZRPMs said:

My god it's beans and sausage

 

Is this Sausage Surprise?

[GoldDiggerDave]

Panic over its recovered the 50p.......that should be enough for a new capsule 🤣

[flyingveepixie]

15 hours ago, ArgentSmith said:

because it has?

Common sense and a quick comparison to gold shows clearly that it hasn't.  Consider gold, which has risen from around £1285/ounce in September 2021 to 1563/ounce now, then look at silver which has risen from around £16.85 to £19.08 in the same period.  The silver spot price is deliberately kept low by crooked banking entities and even when it gets a little boost if they happen to take their eyes off the ball for five minutes it never rises more than a few pennies above £20.00/ounce and never stays at such giddy heights for long.  One day it might however, and on that day I will consider selling.

Edited January 24, 2023 by flyingveepixie

[ArgentSmith]

1 hour ago, flyingveepixie said:

Common sense and a quick comparison to gold shows clearly that it hasn't

I depends when you bought, you could have picked any number of entry points to clearly show Silver outperforming Gold. I would agree Silver currently appears historically cheap in comparison to Gold but see that as a positive. Serious question, do Gold bugs imagine the G/S ratio making new ATHs ad infinitum?

[James32]

Sell every tin of soup you have guys, get out now.. silver is on the mend.

Nobody tag @GoldDiggerDave 😁

[Darr3nG]

8 minutes ago, James32 said:

Sell every tin of soup you have guys

Sell? I've eaten it all!  

[ZRPMs]

17 minutes ago, James32 said:

Sell every tin of soup you have guys, get out now.. silver is on the mend.

Nobody tag @GoldDiggerDave 😁

 

8 minutes ago, Darr3nG said:

Sell? I've eaten it all!  

God damn it. No smiley's left. A FAF for you and a FAF for you 

[flyingveepixie]

1 hour ago, ArgentSmith said:

I depends when you bought, you could have picked any number of entry points to clearly show Silver outperforming Gold. I would agree Silver currently appears historically cheap in comparison to Gold but see that as a positive. Serious question, do Gold bugs imagine the G/S ratio making new ATHs ad infinitum?

@GoldDiggerDave is the man for this. He has all the stats...   Apologies in advance for triggering you Dave..🤣

[James32]

14 minutes ago, Darr3nG said:

Sell? I've eaten it all!  

Once a stacker always a stacker!

[GoldDiggerDave]

15 minutes ago, flyingveepixie said:

@GoldDiggerDave is the man for this. He has all the stats...   Apologies in advance for triggering you Dave..🤣

Not biting today…..🤣🤣🤣 

[Darr3nG]

1 hour ago, James32 said:

Once a slacker always a slacker!

[modofantasma]

£19.01 it's going up again

[ZRPMs]

silver has gone down over the month

Silver Price in GBP per Troy Ounce for Last Month

Ag

Current Price

£19.03

Month Change

-3.47% £-0.68

Month high £20.51 

Month low £18.46

But Gold has gone up.

 

Gold Price in GBP per Troy Ounce for Last Month

Au

Current Price

£1,567.02

Month Change

4.97% £+74.24

Month high £1,577.29

 Month low £1,489.17

Edited January 24, 2023 by ZRPMs

[modofantasma]

29 minutes ago, ZRPMs said:

silver has gone down over the month

Don't sweat it think of the long term 🧐

[Littlemac]

On 24/01/2023 at 08:04, flyingveepixie said:

Common sense and a quick comparison to gold shows clearly that it hasn't.  Consider gold, which has risen from around £1285/ounce in September 2021 to 1563/ounce now, then look at silver which has risen from around £16.85 to £19.08 in the same period.  The silver spot price is deliberately kept low by crooked banking entities and even when it gets a little boost if they happen to take their eyes off the ball for five minutes it never rises more than a few pennies above £20.00/ounce and never stays at such giddy heights for long.  One day it might however, and on that day I will consider selling.

I agree on your £20.00 an oz theory. but I think the actual number is $24 an oz. If it gets above this amount I don't think they'll be able to hold it back by dumping paper silver on the market. 

[GrahamDiamond]

Silver was  £21 oz in 2017/8 I had Just Purchased a Lot of Gold and Silver in 2017 , I was amazed how quick Silver Price Went Further than the Gold Price , Percentage Wise Coinster's !!!!

[gji25]

Under pressure ! nah no such thing 

 

[GoldDiggerDave]

With cash isa's now offering 4.2% flat (cash in the bank) is looking far more attractive than silver..........And just think how much you will save on postage a year?  

[Gruff]

4 minutes ago, GoldDiggerDave said:

With cash isa's now offering 4.2% flat (cash in the bank) is looking far more attractive than silver..........And just think how much you will save on postage a year?  

Until you hit your £100k limit or is that just speculation at the moment from Hunt?

[GoldDiggerDave]

14 minutes ago, Gruff said:

Until you hit your £100k limit or is that just speculation at the moment from Hunt?

The very vast majority of silver stackers are buying and holding far less than 100k of silver.  

[Gruff]

25 minutes ago, GoldDiggerDave said:

The very vast majority of silver stackers are buying and holding far less than 100k of silver.  

Don't I know it!