Silver Monitoring Thread £ (GBP) only.

[Agaupl]

12 minutes ago, SidS said:

I've had days like this... 😁

And a few nights🤣

[BLOOMMAN101]

5 hours ago, SidS said:

Shame carbon emissions are down.

buy the dip mate 😁

[BLOOMMAN101]

Palladium having a run and getting slapped back a bit 

[bluemoon]

Couldn't you have waited another week before going up, you shiny and alluring ponce of a metal?

[scotwasp]

I say this every time it goes up, I think I’m the only one in here who doesn’t get excited, I like it low as it allows me to buy more in the hope that it stays low for another 5 or 10 years to let me buy more, then of course, shoots to the moon as everyone says.😉

[James32]

1 minute ago, scotwasp said:

I say this every time it goes up, I think I’m the only one in here who doesn’t get excited, I like it low as it allows me to buy more in the hope that it stays low for another 5 or 10 years to let me buy more, then of course, shoots to the moon as everyone says.😉

For goodness sakes..I'm on year 8 of a 5 year plan. Let it moonbeam already.

[BLOOMMAN101]

[theman73]

 

 

[HerefordBullyun]

Be £20 an oz in no time

[SilverDrum]

Just now, HerefordBullyun said:

Be £20 an oz in no time

Spot or forum price? 👀

[Petra]

Up is up🤔😮😮

[MBTPSilver]

£19.97 peak so far, it's really trying!

[bluemoon]

I was going to place a big order this weekend, now I should probably wait for a dip.

[theman73]

7 minutes ago, bluemoon said:

I was going to place a big order this weekend, now I should probably wait for a dip.

In a normal world, we will never see again silver under £20

[Wilsonl01]

I wish I was a lot older, I’ve only recently got into this😂

[timsk]

59 minutes ago, Wilsonl01 said:

I wish I was a lot older, I’ve only recently got into this😂

Careful what you wish for young wo/man!

Some older folk who've been stacking for years bought when silver touched £30.00 per ounce back in 2011 !

😉

As an aside, I'm not gonna get too excited about silver 'shooting to da moon' until price breaks above the long term channel around the £22.00 mark.

Edited March 15 by timsk

[bluemoon]

Overbought. Too much too soon. There hasn't been a rally or decline this much, this fast for the past year.

[gji25]

14 hours ago, timsk said:

I'm not gonna get too excited about silver 'shooting to da moon' until price breaks above the long term channel around the £22.00 mark.

Good news for you. you wont have to wait long 😃

[timsk]

37 minutes ago, gji25 said:

Good news for you. you wont have to wait long 😃

There's optimism for you, lol!

IMO, it's marginally more bullish than bearish, but I wouldn't put it stronger than that. The recent rises can be attributed to gold's rise at the start of the month, which appears to have run out of steam. Certainly, it would be great if silver did something - as being stuck in the £17.00 to £20.00 range in what seems like forever is getting boring. That said, I'd be quite happy for it to re-test the 2022 summer lows of circa £15.00 before it gets on board the moon rocket!

[FriedrichVonHayek]

2 hours ago, timsk said:

There's optimism for you, lol!

IMO, it's marginally more bullish than bearish, but I wouldn't put it stronger than that. The recent rises can be attributed to gold's rise at the start of the month, which appears to have run out of steam. Certainly, it would be great if silver did something - as being stuck in the £17.00 to £20.00 range in what seems like forever is getting boring. That said, I'd be quite happy for it to re-test the 2022 summer lows of circa £15.00 before it gets on board the moon rocket!

It's not far from breaking £22 per oz on the Shanghai exchange.

https://www.bullionstar.com/charts/silver-price-today

[Gruff]

India imported a whopping 70.7 million troy ounces of silver in just a month! That's some serious silver love. 

[Petra]

1 hour ago, Gruff said:

India imported a whopping 70.7 million troy ounces of silver in just a month! That's some serious silver love. 

A reasonably large amount that due to what it will be used for will shortly be out of the silver market circus 🤔🤔😮

[silvergaga]

What a beautiful woman!

[stefffana]

Just I have seen the best demonstration with clear explanations about Silver/Gold ratio. Historically, it was supposed to be 16oz silver/1oz gold and how is manipulated to be today 86/1.

If you have time, watch this video from minute 6'35" to 16'50" .

 

[BLOOMMAN101]