Silver Monitoring Thread £ (GBP) only.

[HawkHybrid]

1 hour ago, CurryMuncher69 said:

Talk to me baby... Shall I invest now or wait ? 

I am out of the loop on the trends I will place an order around 2.5k to 3k... I am thinking 1 oz kangaroos?

 

draw up a strategy on how you are going to sell and start from there?

you should consider buying slowly and increase purchases on good

deals and/or dips. look for bargains before the end of the summer,

pm demand is usually stronger after that. do note that my crystal ball

has played tricks on me before 

 

HH

[vand]

Don't worry. I've just bought a load, so the price is guaranteed to tank now! 

[Danny-boy]

Welcome back CM, good to see you return.

Hope you are well.

[CurryMuncher69]

Been through a lot these past year and a half danny but Life back on track with a new job and promotion so I am now in a position where I can live my lifestyle AND stack a considerable amount of silver per month ! 

Cant wait to see what PM especially silver does in 5 years as I am essentially using it as a savings account ! 

[DRooster]

On 04 July 2016 at 11:30, Murph said:

 

Is anyone here really ready to stop buying ...

 I stopped buying when it went up to a tenner ... I'm CHEAP.
 

[rebnah]

Yes and no?

I picked up another 40oz today as i spotted some silver on the bay @ £16.40 an oz

[onlyroadtoheaven]

I'm cost price averaging - buying with each pay packet and waiting for the big move up when paper money goes bad. I have however changed my "rules" and now only buy coins over 5oz. This has helped the look of my body with big muscles developing since my kilo coin purchases! In all seriousness those bigger coins are very impressive.

[DRooster]

The member who can lift the least reps with their stack wins!

 

 

[vand]

Well done Silver Stackers. 78% increase in purchasing power. 

Sad that I don't own more ozs (aren't we all) but I will continue to buy into my silver life raft every month.

 

 

[todaplox]

Don't know if anyone here follows Clif High's webbots, but you might want to check this out, especially if you're thinking of making a purchase soon.

If you are, you might want to make it very, very soon!!

The next 16 days

 

[HighlandTiger]

1 hour ago, todaplox said:

Don't know if anyone here follows Clif High's webbots, but you might want to check this out, especially if you're thinking of making a purchase soon.

If you are, you might want to make it very, very soon!!

The next 16 days

 

Hope he's right,  would be nice to double the value of my stack in a fortnight.

[sovereignsteve]

What is he on? Does anyone follow this guy, does he ever get anything right? Assuming you can follow his mumblings.

[shemyaza]

All-Time Record set this week in Comex Silver Volume 107,080,506 contracts. As I've explained the system, you'll have to take that number in your own way, I know exactly which way this is headed now, the stars have aligned.

[HighlandTiger]

I've just read the tea leaves, checked that the pine cones are open, seen the ants are circling clockwise, and the moss is still growing on the south face of the tree. They all point to one thing. Silver will be a different price on Monday than it was on Friday. You have been warned.

 

[rebnah]

Just now, HighlandTiger said:

I've just read the tea leaves, checked that the pine cones are open, seen the ants are circling clockwise, and the moss is still growing on the south face of the tree. They all point to one thing. Silver will be a different price on Monday than it was on Friday. You have been warned.

 

Lol

Just now, HighlandTiger said:

I've just read the tea leaves, checked that the pine cones are open, seen the ants are circling clockwise, and the moss is still growing on the south face of the tree. They all point to one thing. Silver will be a different price on Monday than it was on Friday. You have been warned.

 

Lol

[sovereignsteve]

54 minutes ago, HighlandTiger said:

I've just read the tea leaves, checked that the pine cones are open, seen the ants are circling clockwise, and the moss is still growing on the south face of the tree. They all point to one thing. Silver will be a different price on Monday than it was on Friday. You have been warned.

 

Yes but what's the weather going to be like?

[HighlandTiger]

6 minutes ago, sovereignsteve said:

Yes but what's the weather going to be like?

You don't need anything to work that out. It's summer, so it'll be overcast and wet. Who needs Michael Fish

[sovereignsteve]

3 minutes ago, HighlandTiger said:

You don't need anything to work that out. It's summer, so it'll be overcast and wet. Who needs Michael Fish

Yes, my realistic self agrees, but I'm an optimist by nature and I keep believing them when they say next week will be better. What a fool

[todaplox]

Does anyone get the feeling that this graph says "You're manipulation attempts no longer have any power here" ??

Looks like a typical London / NY double team attempt.

Edited July 9, 2016 by todaplox

[HawkHybrid]

http://www.gold-eagle.com/article/be-afraid…-very-least-be-wary

 

apparently $1bn worth of gold was sold 5th july with no

significant drop in the price.

 

HH

[sovereignsteve]

34 minutes ago, todaplox said:

Does anyone get the feeling that this graph says "You're manipulation attempts no longer have any power here" ??

Looks like a typical London / NY double team attempt.

you always get volatile spikes in PMs and Fx prices around big news times eg non-farm payroll as in this case. I think you're reading too much into it. Now if you got this with no news..........................

[Aoutp]

I hear a lot of things about price manipulation from central banks. Why would they do such a thing ? I'm specifically asking about Silver, not Gold. What is the point for them to keep the silver price low ? It's not like people would actually stop using fiat currencies (EUR,USD) and start using to pay their Starbucks coffee instead of notebanks !

[HawkHybrid]

1 hour ago, Aoutp said:

I hear a lot of things about price manipulation from central banks. Why would they do such a thing ? I'm specifically asking about Silver, not Gold. What is the point for them to keep the silver price low ? It's not like people would actually stop using fiat currencies (EUR,USD) and start using to pay their Starbucks coffee instead of notebanks !

 

low silver means low gold. banks expect you to save in currency.

that way inflation can dilute it's purchasing power so that what

they hand back to you has less purchasing power than what you

gave them. investing in any non currency that gives a return

would mean less bank profits.

 

HH

[jayboat]

I have never really watched the spot price, really only checking before placing an order. Its always been going down for me.

I am so happy i got my biggest ever order placed in Dec 2015. It was just luck, i came into some money through my matched betting and placed an order for 168 oz. Normally its around 30-40 oz's. 

I have been watching the spot price a little more closely from independence day  and i really do like to see the price go up but i am wondering, is it just going to drop again back down to £12 in a few months after ''the economy levels out''? I see a decent drop in price today and it just gets me thinking, whats round the corner? What if Thrump wins? Bank of England rate cut? 

Im gonna save a few months and see what happens. 

And as far as purchasing power goes, if you are not selling, it does not matter. This is the reason we stack silver are gold, we have all just completed our goal and protected ourselves against the devaluation of sterling, give yourself a pat on the back if your from the UK  

[HighlandTiger]

2 hours ago, Element47 said:

It's been a combination of silver going up and gbp going down, this trend will continue

errr I not sure you are correct about the trend. Gbp has steadied, and is back on the rise, up over 3% on the dollar in the last few days. It will now over the coming years continue to rise, as we get down to Brexit, and we do deal after deal with the worlds biggest countries, and our economy gets bigger and better.

Now silver may increase in price, but for us, this will be reined in by the rise in sterling.