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KDave

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  1. Massive price rally on gold and silver today

    Bullish Ronnie's latest bear food;
  2. **April 2018** Group order from European Mint

    I am not tempted to buy silver at higher prices no Give it a week or two, see what happens, if it hangs around 17.2 then its looking good at sticking to the trend (!!) and onward down we go. (Equally it could go up and you would be right to chase, who actually knows )
  3. Look at all that lending. Looks like we still have a fair bit left to borrow from China, Japan and Ireland. They can borrow a bit more from the US, Germany and France to cover it
  4. Massive price rally on gold and silver today

    It was a decent rise today but on the short term, bullish ronnie tells us bears not to worry - unless we see silver close above 17.70 There is a pattern of falling peaks in silver since April 2017, each peak lower than the last, looks like against a resistance line. If the price remains around this level or below over the next few days then that would fit very nicely into the pattern downwards. Not sure what it really means, I still don't know how to properly read the squiggly lines.
  5. Silver lows, what's the evidence ?

    Historically it's so very wrong, but it's different this time. We are in the new age of perpetually low platinum prices.
  6. I completely agree we sit atop a debt mountain of short sighted voters greed and we are Greece 2.0. Triple locked Pensions, universal healthcare, social care, benefits up the ying yang, open borders and housing benefits. Hard to respect the people of the UK when so many are on the teat. We had an opportunity to make cuts but the Tories bottled it. The required cuts will have to be forced upon us Greece style imo.
  7. We didn't lose 20% of wealth. The wealth is still there. It's our wages that took the hit. And our debts measured in gold
  8. Interesting points there. I would be interested to see what wages and cost of living have done in that time - I would not be surprised if its 5 times where it was.
  9. Platinum Fractionals

    Yeah looks like the coin price has stayed put as the platinum price fell.
  10. This was a very good read and gives a nice picture of what to expect potentially over the next few years in silver, thank you for posting. Was it the same picture for gold or did the investment story remain the same throughout. I ask because you mention the end of one of the main industrial uses of silver during this period which would have been a major headwind to the industrial investment case and quite a 'writing is on the wall' sort of input during a falling price environment. Must have been tough. Did gold have the same sentiment or were people switching from one metal to another? You see a fair bit of that now. Platinum was worth more than gold per ounce at that point - were the PGM's considered for investment or was it just gold/silver based on the monetary case? Checking the charts palladium went parabolic/did-a-bitcoin in 1999-2001 was that related to the switch from gold to palladium/silver alloy in electronics - tied in with the tech bubble nonsense or was it something else?
  11. Bit of both. (no body knows)
  12. price of silver

    What happened over the weekend was over before it started - "Mission Accomplished" tweet from Donald Trump said it all.
  13. 1/10th gold coins

    Be careful buying from dealers. If buying fractional gold think about how you will sell before you buy from dealers on a monthly basis. If selling back to a dealer you will not recoup the large premiums which means much higher spot before you can get shot and strangles the upside of the investment. If selling privately there isn't a guarantee that when spot rises premiums will be maintained. Spending so much percentage wise per ounce makes fractional gold a bit of a gamble and hassle to sell privately, or you give up some of the upside for liquidity selling to a dealer in the future. Buying monthly can be done as others have said but I would not go to a dealer unless I couldn't get low premium from elsewhere, they are a last resort. Certainly don't plan to buy from them monthly if wanting to invest in gold there must be better ways. All imo.
  14. Bullish Ronnie isn't looking so bullish on the latest video, for the short term at least.
  15. I've seen this in the fields near work and assumed it was down to the fleece being left uncut. One or two seemed to fall over at night and by morning were sodden and heavy, took some effort rolling them back over