Silver Monitoring Thread £ (GBP) only.

[monkey]

Could silvers fortunes be starting to turn? I think there is a possibility.

Fingers crossed to be over £19.00 in the next month or so.

[SlowFrog]

Anyone else feeling the same? 

[sovereignsteve]

It's been like that for years!

[SlowFrog]

Just now, sovereignsteve said:

It's been like that for years!

Exactly! I bought my first 1kg bar in 2011. It's basically the same price today so hasn't even been a good store of value

[sovereignsteve]

Feels like watching paint dry at times😄

[ZRPMs]

Golds up a bit.

[SidS]

[Earthmetal]

4 hours ago, SidS said:

The three year price chart looks like a heart rate monitor.

[SidS]

31 minutes ago, Earthmetal said:

The three year price chart looks like a heart rate monitor.

Yeah Elvis Presley's. 😁

[Chronos]

41 minutes ago, SidS said:

Yeah Elvis Presley's. 😁

Better this than a flatline ...

[BLOOMMAN101]

16 mins in for silver bugs

 

[Upsidedown]

Silver up 10p!

[Petra]

2 hours ago, Upsidedown said:

Silver up 10p!

😮😮🤔

[Upsidedown]

Just now, Petra said:

😮😮🤔

40p! 😅

[Petra]

2 minutes ago, Upsidedown said:

40p! 😅

At least it’s up…..🤔

[Upsidedown]

31 minutes ago, Petra said:

At least it’s up…..🤔

That's what she said

(£18.67 for ban avoidance)

[Petra]

1 hour ago, Upsidedown said:

That's what she said

(£18.67 for ban avoidance)

😮😮🤔

[CANV]

No,one cares about silver .  But after gold it is money..   and one day that will be reflected in the price,

probably just after no one can afford a sov 

[silversky]

Quiet in here...  Just touched 19...

[ArgentSmith]

4 minutes ago, silversky said:

Quiet in here...  Just touched 19...

normally a bullish indicator, when everyone is getting excited you need to worry

[ZRPMs]

Starting to think it's too much of an industrial metal to be allowed to go too high. I do like it but only in lumps of a kilo or a bit more. My other thought is how much do you need to make it worth it just in case it moon shots?

[ArgentSmith]

6 minutes ago, ZRPMs said:

Starting to think it's too much of an industrial metal to be allowed to go too high. I do like it but only in lumps of a kilo or a bit more. My other thought is how much do you need to make it worth it just in case it moon shots?

I would agree that there is evidence of intra day or short term price manipulation in the metals and most markets but don't see any evidence of longer term price suppression. My best guess would be 2x gold = 3x silver cant see a moon shot Hunt Bro style unless we have a currency crisis. Just my thoughts.

[James32]

Just now, ArgentSmith said:

2x gold = 3x silver

Will do me just fine. Settle for a mustang instead of a ferrari. 

[ArgentSmith]

2 minutes ago, James32 said:

Will do me just fine. Settle for a mustang instead of a ferrari. 

An electric Mustang?

[HonestMoneyGoldSilver]

3 minutes ago, ArgentSmith said:

normally a bullish indicator, when everyone is getting excited you need to worry

people excited about markets? I refuse to believe it

The moon shot for silver is a currency crisis like you said. There are various other scenarios like the silver miners ditching their options and going full naked long on silver. Some have started to do that but it's hopeful to think they'll all do it. The price suppression with options and derivatives is partly the miner's own doing. They are the ones who agree to sell their silver at pre-determined prices at future dates. Selling below spot is unlikely to make the price go up