Silver Monitoring Thread £ (GBP) only.

[Danny-boy]

So will we close for the weekend over £10???

It's getting there slowly.

[watchesandwhisky]

Looks like it might well do! I'm going to wait till monday to order, its going to be 50 oz so pretty small fry to some but every extra ounce counts..If it keeps going up monday I might just go ahead and order anyway lol.

[crazy hippo]

9.92 right now lets see... might do 

[a_a]

Hm, seems to be a bit of a common theme where silver closes the week higher than it has been through the week, then on monday opening seems to drop immediately, anyone else notice this?

[Yeti]

Excuse the ignorance- what are people buying? When they say 40-50oz is it just maples etc (lowest coins over spot?) thanks in advance

[Yeti]

As far as I can see spot was £9.75ish Friday. STG have coins for around £12.50. Is this the cheapest way to get into silver?

[Pipers]

Traders have to close there trades at the end of the week.

 

Hi Yeti, Most people on here if buying cheap Silver either buy maples in 25's or Philh's 20's (tubes) its up to you really.  have a look around STG if that's where you want to buy from for the cheapest.  It's always best to buy a tube if you can afford it.  

[Yeti]

Nice one pipers, that's exactly the advice I was looking for. I think I'm going to buy 40 phils today!

[Pipers]

STG have

 

Vienna Philharmonics for  £11.81   342 available

 

and Maples for £11.98 2000 available

[craig12]

unless im reading the bbp chart wrong this is the 4th consecutive weekly fall for silver may even be the 5th or 6th  as its took a bit of a hit overnight to £9.80 level

 

not sure if this has anything to do with it .......oil falls below $80 a barrell  lowest since 2010

Edited November 14, 2014 by craig12

[Danny-boy]

not sure if this has anything to do with it .......oil falls below $80 a barrell lowest since 2010

It dropped under 80 last week, it's about 73 now. Big drops.

[HelpingHands]

The more times it keeps poking at the bottom the more likely it'll find a hole to go down.

[Pipers]

Silver breaks through £10.00 

[Paul]

£10.11 now - must be the electronic price pushers making their cash for the friday night after work city bevvy up

[Pipers]

Lets see how the rally lasts maybe traders not being able to settle there trades 

[HighlandTiger]

Jumped almost 30p in minutes. Lol someone pressed a buy button instead of sell. Whoops

Edited November 14, 2014 by Highland Tiger

[Paul]

lets bring a kitco friday feeling to the forum 

 

".......silver, ............TOO DA MOON !!!! "

[Paul]

[Danny-boy]

It usually drops on a Friday, and it's not even 4pm yet.

Be interesting to see what we close on for the weekend.

My bets are £10.20 plus

[alec86]

anyone know why the jump? dollar up, oil down doesn't make sense should be going down...

[alec86]

just found this 

Oil price slump to trigger new US debt default crisis as Opec waits

 https://uk.finance.yahoo.com/news/oil-price-slump-trigger-us-153833535.html 

 

which might explain why this is happening but not 100% sure

[Danny-boy]

10.30 now. Whoosh

[Fluttershy]

Go silver Go!!!!!  £10.30 XAG  Wheeeeeee!!!! 

 

 

 

 

 

 

 

 

too bullish?

[Paul]

expect the fed to announce :

they have found $18 trillion down the back of the sofa,

every USA person has suddenly found work overnight

and they have located the largest ever worldwide deposits of sweet crude 10cm under Utah.

 

Then it will drop like a stone again and normal service will be resumed, we can have PM stackers happy campers can we ?

[Fluttershy]

gone up 55p so far!

I`v never seen this before in a single day, I wonder what`s happening? it`s affecting Gold too.