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Silver Monitoring Thread £ (GBP) only.


Message added by ChrisSilver

To discuss price action in USD instead, please see here: https://thesilverforum.com/topic/19861-silver-monitoring-thread-usd-only/

 

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11 minutes ago, NextDayBullion said:

Who is a gold digger? Dave, did I miss something? I don't get the joke. Can someone please update me? 

Yes, Dave. Good guy, we love him, but he is a gold and beans tins lova.

He used to say that silver is worthless and can not be make profit with silver.

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20 minutes ago, NextDayBullion said:

Who is a gold digger? Dave, did I miss something? I don't get the joke. Can someone please update me? 

Former forum member who went to dig for gold in his shorts and Doctor Martin boots. It's was during the blizzard of 2006 and nobody has heard from him since.

Ohh and he hates silver.

I like to buy the pre-dip dip

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Just now, James32 said:

Former forum member who went to dig for gold in his shorts and Doctor Martin boots. It's was during the blizzard of 2006 and nobody has heard from him since.

Ohh and he hates silver.

I heard that on a cold winters night, as the wind howl's through the logs in the log pile. You can hear him cry out "Silver is NOT a store of value"

Say his name 3 times in the mirror and you can some times feel his presence 

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3 minutes ago, ZRPMs said:

I heard that on a cold winters night, as the wind howl's through the logs in the log pile. You can hear him cry out "Silver is NOT a store of value"

Say his name 3 times in the mirror and you can some times feel his presence 

I miss his stories about BOGOF tins of beans

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Just now, Darr3nG said:

I miss his stories about BOGOF tins of beans

Has he gone AWOL? did he run off with Bully?

"It might make sense just to get some in case it catches on"  - Satoshi Nakamoto 2009

"Its going to Zero" - Peter Schiff 2013

"$1,000,000,000 by 2050"  - Fidelity 2024

 

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25 minutes ago, FriedrichVonHayek said:

Shanghai

8 Apr 2024 AM

USD 29.86

I wonder how many shorts will get liquidated at $30. 

Bankers crying in the streets?

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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1 hour ago, Gruff said:

I wonder how many shorts will get liquidated at $30. 

Bankers crying in the streets?

What would happen to silver price if all shorts were exited at 30 bucks at once?

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

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9 minutes ago, bobski said:

What would happen to silver price if all shorts were exited at 30 bucks at once?

 

Just now, Dalriada83 said:

Well logic dictates that - f*k Knows.

@bobski - what he said 🤣

 

In all honesty, logic should dictate a price spike up as the shorts get liquidated and the longs then look to buy. Remember there are two sides to every trade...

But you know the shorts would be straight back on it then trying to slam it down from a higher price 

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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Just now, Gruff said:

In all honesty, logic should dictate a price spike up as the shorts get liquidated and the longs then look to buy. Remember there are two sides to every trade...

But you know the shorts would be straight back on it then trying to slam it down from a higher price 

Bloody hell - that sounded clever - the seaweed on my grannies door has dried up and the sheep have gone quiet if that's any help?

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2 minutes ago, Dalriada83 said:

Bloody hell - that sounded clever - the seaweed on my grannies door has dried up and the sheep have gone quiet if that's any help?

Best advice ever. Means the tides out

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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1 minute ago, Dalriada83 said:

Apparently I'm not allowed to react to anything for the rest of the day - so I'm off in a huff.

🤔or do this ..👍

3 minutes ago, bobski said:

I don't know why I ask questions, when I know I won't understand the answer 😂

A feeling that you’re not on your own!🤔🤔

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1 hour ago, MBTPSilver said:

Holding above £22 so far today, and highest it's been in over 10 years!

Whoa - hold your horses MBTPS - It's gotta breach the August 2020 high of £22.72 before that claim can be made! 

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31 minutes ago, timsk said:

Whoa - hold your horses MBTPS - It's gotta breach the August 2020 high of £22.72 before that claim can be made! 

I have £21.66 as the high for that period. Certainly nothing consistently above £22 like today.

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20 minutes ago, MBTPSilver said:

I have £21.66 as the high for that period. Certainly nothing consistently above £22 like today.

I'm confused MBTPS!

Market prices will vary a little according to the data provider - but that's over a £1.00 difference - which is insane! Out of interest, where are you getting your prices from? I'm using a TradingView chart and Oanda for the source data.

Edited by timsk
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