Silver Monitoring Thread £ (GBP) only.

[DRooster]

On 01 March 2016 at 12:20, 4Nines7Hills said:

... silver with ... £1000000

You cannot be serious!!

So ... I shouldn't sell all my silver just yet??

[Danny-boy]

... silver with ... £1000000

You cannot be serious!!

So ... I shouldn't sell all my silver just yet??

If only eh!!!

I'd practically be a billionaire!!!!

[4Nines7Hills]

no I'm not been serious , but a fair few people  on YouTube think it will go sky high.

I wouldnt sell mine unless i had to, I plan to keep it 10 years plus apart from maybe a few flip pieces

[ApisMellifera]

Just got one of these in the mail... (i know different topic).
but... if silver hits £1000000, I'll probably be paying with some of these or equivalent. lol.

Anyway...
I got this banknote out of curiosity (£2 on ebay) and to remind myself that hyper inflation could lurk around the corner, if we don't pay attention.
Zimbabwe was the latest nation that had a currency hyperinflation and went out of control in 2007-2009
https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe

 

Edited March 2, 2016 by ApisMellifera

[KDave]

@ApisMellifera  Welcome to the trillionaires club!  

I gave one of the 100 trillion notes to my brother last year as a bit of a joke gift for his birthday. I don't think he 'gets' it, I was hoping it would perhaps spark his interest in its history or get him asking questions but nope. Not yet anyway. 

[vand]

12 hours ago, ApisMellifera said:

Just got one of these in the mail... (i know different topic).
but... if silver hits £1000000, I'll probably be paying with some of these or equivalent. lol.

Anyway...
I got this banknote out of curiosity (£2 on ebay) and to remind myself that hyper inflation could lurk around the corner, if we don't pay attention.
Zimbabwe was the latest nation that had a currency hyperinflation and went out of control in 2007-2009
https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe

 

you don't even need to go back as far as 2009. Look at Venezuela right now. Country is falling apart and hyperinflation after decades of mismanagement finally coming to a head. When collapse comes and your creditors no longer want to play the game, it all goes to hell in a handbasket. 

[Vern]

Silver at £11.04 and $15.72 right now, gsr at 79.5 

[HighlandTiger]

the rocket is being pulled into position on the launch pad.

T minus ............?

Sent from my SM-G901F using Tapatalk

[Paul]

Silver at a 1 year rolling high  

Previous high £11.29 May 11th 2015 - are we moon-ward bound now??

 

[Vern]

Doing well at + 8% in six months in GBP. I would like to see that move in a day near the top....wee way to go.

[jayboat]

I want it to go back down, i have not stacked enough yet. It can go up in 2-3 years when i hit my target and im happy to cash in

But on another note, i let my step daughter(9) pick out 2 coins to start a collection on my last order a few weeks back and the recent jump in spot price has sparked her interest. Hopefully as she gets more coins, she gets more interested.

Wished id started stacking when i was 9, lol

[KDave]

A while back a few of the less bullish analysis/punters were stating that the breakout in gold was false, because silver had not confirmed it. The requirement was for Silver to break and hold above $16 an ounce. Well here we are, if their crystal balls are right then perhaps this is the confirmation they were talking about and everyone can turn bullish?

Or will it top tomorrow and get battered back down to $12 an ounce? 

[Paul]

2011 FULL YEAR SILVER CHART

CURRENT 2016 YEAR CHART TO DATE

It doesn't look like the same mega run up we had in 2011 are being repeated in 2016 

[vand]

Looking strong in GBP. A weekly close above USD $16 is the next mini hurdle we need to clear to develop the case for the bull market.

 

the miners are absolutely on fire, which is a very good sign that this is just the beginning.

[whittington2308]

21 hours ago, vand said:

Looking strong in GBP. A weekly close above USD $16 is the next mini hurdle we need to clear to develop the case for the bull market.

 

the miners are absolutely on fire, which is a very good sign that this is just the beginning.

So.... that means... buy more gold now before its too late?

[Webster]

Update guys? Things are getting juicy!

[HawkHybrid]

buy, buy , buy ...buy 

if it is a pull back then it could be a long wait to see these

prices again(that's assuming it starts the move up before

the end of this year)

what I believe is the best match for the rest of the year:

http://news.gold-eagle.com/article/gold-forecast-2021-stealth-bull-market/120

 

HH

Edited April 18, 2016 by HawkHybrid

[Webster]

Just grabbed 2x 100g Umicore bars for £74. Going to test them though .

 

[Scuzzle]

44 minutes ago, Webster said:

Just grabbed 2x 100g Umicore bars for £74. Going to test them though .

 

Good price.

[Webster]

What is everyones predictions for the summer then?

[Paul]

My monthly investment of fiat debt tokens will be the same, as this month

Fate may get me a few extra oz or a few less oz depending on what the manipulators grant us via the daily spot fiddle price on the day of purchase.

I may hit lucky

If a Lucky 15 or footy accumulator comes in I will add some extra oz, if I choose not to go on holiday I will add some more oz.

Edited April 18, 2016 by Paul

[Webster]

I'm just doing some reycling to convert into silver, made 100 quid selling old games. No job just gotta grind

[Paul]

Stack cash first, when you have money at hand you can always make money.

Better not buy games that waste your time gaming in the first place, use YOUR time to invest in YOURSELF and further YOUR knowledge 

Playing Call of Duty for eight hours is not exactly productive use of time in my opinion

[Webster]

3 minutes ago, Paul said:

Stack cash first, when you have money at hand you can always make money.

Better not buy games that waste your time gaming in the first place, use YOUR time to invest in YOURSELF and further YOUR knowledge 

Playing Call of Duty for eight hours is not exactly productive use of time in my opinion

I agree mate, haven't gamed a lot since I was a kid. These were my gamecube games, not a waste of time in my opinion xD. I'm studying now and do not have time to game, so I am clearing out my junk to pave a new road for finance.

Spend free time researching and furthering knowledge on health and money saving techniques. Staying productive in learning new skills etc. Only 21 so I have a lot to learn... How would you use cash to make money?

 

 

[a_a]

Stocks.