Silver Monitoring Thread £ (GBP) only.

[bobski]

Current Price

£24.51

Live Change

0.25% £+0.06

Live high £24.51

 

Live low £24.45

[FriedrichVonHayek]

The Chinese are holding the line,lets see if Comex can get Silver under $30 for May.

Shanghai Silver 

31 May 2024 

AM USD 35.15

PM USD 35.15

[FriedrichVonHayek]

Nearly 80000 ounces of Silver withdrawn from Bullionvault London yesterday.

[Gruff]

10 minutes ago, FriedrichVonHayek said:

The Chinese are holding the line,lets see if Comex can get Silver under $30 for May.

Shanghai Silver 

31 May 2024 

AM USD 35.15

PM USD 35.15

 

Today is going to be interesting to watch the close. A monthly close above £30/oz and I'd say £25/oz will be significant. I expect the Crimex to throw a lot at it to get it below the $30/oz level at the close

Edited May 31 by Gruff
Update

[Agaupl]

[theman73]

Crimex saving HSBC a**

 

[silvergaga]

Yes they are really trying hard to get to $30 for end of May. Fabulous manipulation by the manipulators.

[PercyItsGreen]

Everybody holding silver 🤣🤣🤣

[Wilsonl01]

They really are trying to hit silver where it hurts! Look at that drop!

[Roy]

@theman73 are you going to stand for this blatant manipulation?!

I suggest you write a strong worded complaint to your local MP!

Or just buy the dip.

[treetop1280]

As the resident metals expert on the forum, I’ll give my expert opinion.  , it doesn’t matter if it’s £18 a ounce or £25 a ounce , they all sell for £30 on eBay why??how can that be ???? Because people who buy silver coins on eBay ( as it’s a world market) don’t care about spot price , they buy them for the pretty pictures on them ?? 

[Roy]

Would you pay £30 for this?

[treetop1280]

Just now, Roy said:

Would you pay £30 for this?

Nope , , not my thing.  , however somebody in the world , on eBay is after that coin ,👍, “ show me another  one ??? Come ion @Roy impress me “ 😀👍

[Roy]

[Roy]

And this beauty:

[treetop1280]

2 minutes ago, Roy said:

SOLD 

[Roy]

Anyway, let's get back to monitoring the silver price as it crashes fatally 😇

[Roy]

It's amusing how the financial press love to employ emotive verbs whenever the price of silver falls...

Silver plummets

Silver tumbles

Silver collapses

Silver plunges

 

Anyone else notice? 🤔

[theman73]

49 minutes ago, Roy said:

@theman73 are you going to stand for this blatant manipulation?!

I suggest you write a strong worded complaint to your local MP!

Or just buy the dip.

I already ordered some grilled chicken wings, I hope this will suffice. 

[bobski]

Current Price

£23.80

Live Change

-0.13% £-0.03

Live high £23.84

 

Live low £23.80

[ArgentSmith]

55 minutes ago, treetop1280 said:

Nope , , not my thing.  , however somebody in the world , on eBay is after that coin ,👍, “ show me another  one ??? Come ion @Roy impress me “ 😀👍

So bad they only made one 😀👍

[Chronos]

Is this how banks are concealing their losses on silver short positions?:

https://justdario.com/2024/05/is-this-how-banks-are-concealing-their-losses-on-silver-short-positions/

[ccfcpaul]

Erm, well I left to go to the pub and silver was at £25 plus change........

Seems like an expensive beer!

[FriedrichVonHayek]

A predictable end of month dump, but the lads in Shanghai will be backing up the truck on Monday.

[FriedrichVonHayek]

https://kingworldnews.com/wtf-europeans-can-now-only-place-sell-orders-on-sprott-physical-gold-silver-funds/

If this is true, this is explosive!