Silver Monitoring Thread £ (GBP) only.

[monkey]

9 minutes ago, katyc said:

I'm sat at my desk trying to get my VAT return done with this guy creaming his scruds about silver on YouTube in the background. Does anyone understand what he's trying to say in a nutshell?

 

Hi basic premise is that there has been an extreme move to the upside on the gold silver ration back in September 2022 is going to make an extreme move to the down side. Meaning silvers is going to gain value against gold.

He charts patterns on various time frames to predict when his moves will trigger. I believe his med- tong term target of gold to silver will be around 10oz of silver - 1oz of gold around 2029.

In short if you own silver and gold, in his eyes the next few years are going to be very good to you.

[Paul]

4 minutes ago, monkey said:

Hi basic premise is that there has been an extreme move to the upside on the gold silver ration back in September 2022 is going to make an extreme move to the down side. Meaning silvers is going to gain value against gold.

He charts patterns on various time frames to predict when his moves will trigger. I believe his med- tong term target of gold to silver will be around 10oz of silver - 1oz of gold around 2029.

In short if you own silver and gold, in his eyes the next few years are going to be very good to you.

 

[EdwardTeach]

18 hours ago, BLOOMMAN101 said:

Rafi is an acquired taste but some interesting charts inc silver and palladium, which is off on a nice little run this afternoon 
Jump the first 6 minutes (just a stock recommendation)

https://www.youtube.com/watch?v=DeolEFkiRDY

The best intro to a video ever!

[AllThingsShiny]

7 hours ago, Paul said:

 

They mean you roll up a 20quid note and have a smell 

[Paul]

46 minutes ago, AllThingsShiny said:

They mean you roll up a 20quid note and have a smell 

Nooooooooooo!

It's moonward bound I'm certain 🌒🌙 🚀🚀

I've heard it on a YouTube vid . . . . . 

 

[timsk]

20 hours ago, katyc said:

. . . Does anyone understand what he's trying to say in a nutshell?

Hi katyc,

I only listened to 5 minutes of it from where the video started but, in that time, he's basically saying two things:

The first is that there are scheduled news events for which the market anticipates a number (e.g. Consumer Confidence) and then there's the actual hard number that's released on the day which will either be in line with the prediction or higher or lower. Big differentials represent trading opportunities for those with gonads made of steel and the skills to interpret them. It's a tempting game for traders as there's often massive volatility* - and that means large and fast profits for those on the right side of the market. However, the opposite is equally true - hence it's not a game for the faint-hearted. And it's made more complicated by the fact that the market can tank on 'good' results and go to the moon on 'bad' results.

His second point is a conspiracy rant (aka the truth) about how the whole thing is all nonsense as it's largely manipulated by a handful of major players - Vanguard and Blackrock etc. who have their globalist agenda to ensure we go nowhere (ULEZ etc.), stay home (lockdowns), own nothing (WEF) - but we'll be happy!

It all makes sense to me!

😉

* By way of example, watch a live chart of the U.S. indices (say Dow30) on the first Friday of every month at 1.30pm U.K. time when 'Non-Farm Payroll' numbers are released. 

Edited August 31, 2023 by timsk

[katyc]

Thank you @monkey and @timsk. if this manipulation never stops how do we get to truly visit the moon...? Saying that, physical IS in short supply and if it becomes a real issue then the likes of comex will mean nothing.

[monkey]

12 minutes ago, katyc said:

Thank you @monkey and @timsk. if this manipulation never stops how do we get to truly visit the moon...? Saying that, physical IS in short supply and if it becomes a real issue then the likes of comex will mean nothing.

Things can only be manipulated and lied about for so long. The longer its held back against the natural behavioral action, the harder it become to control.

I think the supply/demand is so far weighted to under supply for the demand it's going to have to balance to true value in the near future (in the next 5 or so years). Industrial demand for silver is increasing with the electrification of everything and very few new silver mines are coming on line to meet that demand.

[theman73]

17 minutes ago, katyc said:

if this manipulation never stops how do we get to truly visit the moon...?

Never, they make too much money from nothing, they will find endless ways to do it again.

[katyc]

6 minutes ago, monkey said:

Things can only be manipulated and lied about for so long. The longer its held back against the natural behavioral action, the harder it become to control.

I think the supply/demand is so far weighted to under supply for the demand it's going to have to balance to true value in the near future (in the next 5 or so years). Industrial demand for silver is increasing with the electrification of everything and very few new silver mines are coming on line to meet that demand.

The cost to manufacture it will be so high it will have to drive the price up (the alternative is they don't mine it - which will result in a shortage - so that's a win-win for physical. The only way for silver to get back it's true value of over a hundred years ago is for a physical shortage to be known globally. We just need those Tik-Tok Turds to catch wind of it then we'd be quids in!

[Zhorro]

8 minutes ago, monkey said:

Things can only be manipulated and lied about for so long. The longer its held back against the natural behavioral action, the harder it become to control.

I think the supply/demand is so far weighted to under supply for the demand it's going to have to balance to true value in the near future (in the next 5 or so years). Industrial demand for silver is increasing with the electrification of everything and very few new silver mines are coming on line to meet that demand.

 

On 14/03/2023 at 09:04, Zhorro said:

I think the figures in the 2021 article are out of date.  According to the US Debt Clock page, the paper to silver ratio is now 364.29 to 1

https://www.usdebtclock.org/

Back in March, I reported that the paper to silver ratio was 364.29 to 1.  Interestingly it is now only (!) 273.99 to 1 - which is quite a fall in a matter of 5 1/2 months.  It will be interesting to see whether this continues - and the implications of this move (why has it happened, and will there be an impact on the spot price of silver?).

The paper to gold ratio has increased slightly in this time period - up from 121.32 to 1, to 127.19 to 1.  So, not really much change with gold.

[HerefordBullyun]

16 minutes ago, Zhorro said:

 

Back in March, I reported that the paper to silver ratio was 364.29 to 1.  Interestingly it is now only (!) 273.99 to 1 - which is quite a fall in a matter of 5 1/2 months.  It will be interesting to see whether this continues - and the implications of this move (why has it happened, and will there be an impact on the spot price of silver?).

The paper to gold ratio has increased slightly in this time period - up from 121.32 to 1, to 127.19 to 1.  So, not really much change with gold.

The Comex has been drained of physical also hence the change in paper ratio, however you may see an uptick again as Ashai has started to become a physical supplier to the Comex.

Its a long battle, but the end game is when a global financial crash happens and people try to take physical delivery or  the comex gets drained of physical....

[HerefordBullyun]

this article explains an example of manipulation arbitrage trading

https://www.investopedia.com/articles/active-trading/021715/precious-metals-arbitrage.asp

 

[timsk]

1 hour ago, katyc said:

Thank you @monkey and @timsk. if this manipulation never stops how do we get to truly visit the moon...? Saying that, physical IS in short supply and if it becomes a real issue then the likes of comex will mean nothing.

Hi katyc,

I agree with the other comments posted in answer to your question and would add that in my view the situation will change when the pendulum starts to swing the other way and there's a return to something approaching normal. Doubtless we all have very different views about constitutes 'normal', but I wager that most people (everywhere - not just the good folk on this fine forum) agree that what we've all been living through over the past few years - and continue to live through - is far from normal. For me, normal means a return to something approaching a democracy whereby I at least think I have some control over what our elected politicians do in my name. At the moment, they appear to be out of control and forcing through policies that no one has voted for. For example, in my last post, I referenced ULEZ. Well, that's just the start of what Sadiq Khan has planned for Londoners . . . 

The Green Globalists Behind Ulez – and What They Have Planned Next

[HerefordBullyun]

Just now, timsk said:

I referenced ULEZ. Well, that's just the start of what Sadiq Khan has planned for Londoners . . . 

The Green Globalists Behind Ulez – and What They Have Planned Next

Next mayoral election khan is toast mind, hes committed political suicide with Ulez, people will vote him out!

[PapaLazarou]

25 minutes ago, HerefordBullyun said:

Next mayoral election khan is toast mind, hes committed political suicide with Ulez, people will vote him out!

Although it would be splendid if were as simple as this, one should bear in mind the overwhelming apathy of British sheep when it comes to matters politic...and combine that with the intense power-hunger of Sad Dιck's ilk. The proportion of Muslim councillors across the London boroughs bears unwelcome witness to the next Mayoral "election" being far from tolling a sure-fire death-knell for the incumbent nanotwat.

Bookmakers currently give the poison dwarf a 75-80% chance of winning. 'Nuff said.

Edited August 31, 2023 by PapaLazarou

[theman73]

23 minutes ago, HerefordBullyun said:

people will vote him out!

Naah, there are more people now who will vote for him like in the last election, I wonder why...

[ZRPMs]

At the risk of going off topic 

However to fetch it back. Do you think I have enough silver? Whilst monitoring if I have enough I've discovered I have 8.75 silver to 1 gold. Wen moon?

[HonestMoneyGoldSilver]

Perception is more important than intrinsic value in our environment of virtual constructs and controlled narratives. There are people out there who believe cryptos are more real than gold and silver and they are right - in their world cryptos are king while gold and silver rarely get the opportunity to speak

We're going to have a major correction when folks in general but especially younger generations hear gold and silver speak for the first time. If you ask the average person on a UK campus or high street about gold, silver and cryptos, you'll find < 1% own physical metals whereas > 10% own cryptos. If silver were to become as heavily hyped and followed as crypto even for a brief period of time, the price action would transform the market and we'd have triple digit silver overnight

[monkey]

5 hours ago, ZRPMs said:

At the risk of going off topic 

However to fetch it back. Do you think I have enough silver? Whilst monitoring if I have enough I've discovered I have 8.75 silver to 1 gold. Wen moon?

Very good video clip. I wondered where this chap had disappeared to. He was all over TV about 5-10 years back. Much like David Bellamy....

Edited August 31, 2023 by monkey

[BLOOMMAN101]

3 minutes ago, monkey said:

Very good video clip. I wondered where this chap had diapered to. He was all over TV about 5-10 years back. Much like David Bellamy....

If you don't Toe the line you don't get on the telly anymore

[timsk]

1 hour ago, monkey said:

. . .  Much like David Bellamy....

One of the first big names to be cancelled for going off-piste. Let's hope Neil Oliver doesn't suffer the same fate. The pressure on the top brass at GBNews to get shot of him must be immense. Hopefully, they've cast their eye across the pond to see what happened to Fox News and Tucker Carlson after the two of them parted company and have decided to let him stay. For now.

[EdwardTeach]

2 hours ago, monkey said:

Very good video clip. I wondered where this chap had disappeared to. He was all over TV about 5-10 years back. Much like David Bellamy....

He does a 10 minute monologue on GB News every weekend. They’re very good. This was his last one.

 

[monkey]

3 hours ago, EdwardTeach said:

He does a 10 minute monologue on GB News every weekend. They’re very good. This was his last one.

 

I think I'll have to sign up to them thanks!
sorry for leading the thread a little off subject.

To rectify this. Looks Like Silver could be doing a back test on a W pattern neck line (£19.24) ready for a target of around £21.30....... Which is nice.

Edited August 31, 2023 by monkey

[Petra]

3 hours ago, EdwardTeach said:

He does a 10 minute monologue on GB News every weekend. They’re very good. This was his last one.

 

This is why he is no longer the poster boy! Most if not all of what he did was on the BBC!🤔🫢