Silver Monitoring Thread £ (GBP) only.

[HighlandTiger]

Silver has just hit the £10 mark. .........As usual the Youtube experts are split between the price dropping to $7 and and rising to $500.

In other words NO ONE knows what is going to happen, but it's fun to watch the ride

[Danny-boy]

Now a rise to $500 I could definitely cope with [emoji1]

My stack would be worth a quarter of a million quid!!!

Now a rise to $500 I could definitely cope with [emoji1]

My stack would be worth a quarter of a million quid!!!

[sovereignsteve]

If something's worth saying, it's worth repeating!

[DRooster]

You can say that again Steve!

[Stu]

Is it just me and my sick mind or is silver looking a bit rude at the moment?

[sovereignsteve]

Is that a double bottom?

[DRooster]

Back over a tenner per ounce.

[Cointreau]

Silver looking really good to me right now as an investment.

Especially when you look around at all the other alternatives.

What's the current silver to gold ratio? Edit: still 78.

Edited February 6, 2016 by Cointreau

[Bumble]

[silversword]

Looking decidedly more expensive than a few months ago, but I suppose still quite cheap in the grand scheme of things. 

[Danny-boy]

For a moment there, my whole stack cost was under 9% over spot [emoji1]

I wonder if there are higher highs in store for tomorrow.

[HawkHybrid]

that's cos you reset your stacks numbers recently?

 

HH

[Danny-boy]

that's cos you reset your stacks numbers recently?

 

HH

Yeah, sold all my semi-numi silver for sovereigns (an interim stage to make sure I didn't spend the money) and then bought back into silver for as cheap as possible.

I made about 8% in the end on the semi-numi, but lost about 1.5% on the sovereigns. I haven't factored the gain into my calculations though, just what I paid for my silver divided by the number of ounces (all in cost including shipping).

[HawkHybrid]

bank beating rates, well done.

 

HH

[Vern]

On 06/02/2016 at 01:16, Cointreau said:

Silver looking really good to me right now as an investment.

Especially when you look around at all the other alternatives.

What's the current silver to gold ratio? Edit: still 78.

I should have anticipated the surge lol

[Paul]

£11 per oz barrier broken

[evende]

1 hour ago, Paul said:

£11 per oz barrier broken

Been a big rise today. I'm watching with interest!!

[vand]

Brexit talk has seen GBP getting sold down to levels not seen in a few years - you could view it as the GBP price of silver, or that the pound in our pocket is worth less. This is why we accumulate precious metals.. just wait until it kicks off on a global scale.

[Danny-boy]

£11 per oz barrier broken

Been a big rise today. I'm watching with interest!!

Same here, loving the price rises (possibly as I'm buying a new house and not buying PM's at the moment).

Enjoying watching spot rise to my £/oz average, only 5% rise to go before they meet [emoji1]

[4Nines7Hills]

Interesting forecast for SILVER and gold prices for 2016  

 

 

[Silvernutz]

I'm planning on a large purchase on Friday so I'm happy to see it reduce again  

I'm in the very early stages to stacking so I don't want to see it sky rocket just yet!

[Silvernutz]

@4Nines7Hills

I get the 7 hills part but whats the 4 nines in relation to?

As a Sheffield lad myself, I'm curious to what it refers to (If anything)

And thanks for posting the clip  

[4Nines7Hills]

7 hours ago, Silvernutz said:

@silvernutz

I get the 7 hills part but whats the 4 nines in relation to?

 

 

9999 silver fine silver

Edited February 25, 2016 by 4Nines7Hills
h

[Murph]

Between $13 and $17.50 is a fairly wide and safe margin to call.

They don't like giving short term predictions - because it's too easy to get them wrong and they have as little idea as most people.  At least with longer term predictions there is a much higher chance that gold/silver is going to hit the price you predict at some point as long as you don't predict a crazily high or low price.

[4Nines7Hills]

True but at least they give full explanations for the reasons, so we can judge for ourselves if we agree or not rather than saying silver with be £10,000 and gold £1000000 without any sensible rationale