Silver Monitoring Thread £ (GBP) only.

[theman73]

1 minute ago, silversky said:

I have a feeling that all technical analysis of the PM's is out the window as of this weekend's terrible events.  What do people think gold and Silver will open at this evening?

It will go up or down depends on JP Morgan position

[HonestMoneyGoldSilver]

[Petra]

1 hour ago, HonestMoneyGoldSilver said:

🤔🤔

[monkey]

Its the quiet threads you need to watch most! there is a party going on over the gold thread 🤣🥳

Silver is for the level headed esteemed folk. A 5% move is not as exiting to us silver folk.

Edited October 13, 2023 by monkey

[monkey]

yes @HerefordBullyun?

Edited October 13, 2023 by monkey

[HerefordBullyun]

Just now, monkey said:

Its the quiet threads you need to watch most! there is a party going on over the gold thread 🤣🥳

Good point There is some real positives about silver especially after todays market action silver went up 7% today, thats actually not a lot, considering how gold climbed, silver is golds little brother and follows later, but these gold moves are great tailwinds for silver three's plenty of upsides for silver with some good explosive price upwards..... Also another  positive it could cuases silver squeeze when gold gets rocking.....

The silver deniers will mock me but I know we will have the last laugh given cyclic chart history we are are going to break ATH in few years, will some big moves..... I will bet anyone an oz of silver....

[Darr3nG]

Just now, HerefordBullyun said:

The silver deniers will mock me

Who dat?

[HerefordBullyun]

Just now, Darr3nG said:

Who dat?

He who wears thy length dr martins.....and loves the brown drink nectar thats called bisto

[monkey]

3 minutes ago, HerefordBullyun said:

Good point There is some real positives about silver especially after todays market action silver went up 7% today, thats actually not a lot, considering how gold climbed, silver is golds little brother and follows later, but these gold moves are great tailwinds for silver three's plenty of upsides for silver with some good explosive price upwards..... Also another  positive it could cuases silver squeeze when gold gets rocking.....

The silver deniers will mock me but I know we will have the last laugh given cyclic chart history we are are going to break ATH in few years, will some big moves..... I will bet anyone an oz of silver....

mainly my plan at the moment, planning on trading a good chunk of silver for gold in the next 5 - 10 years in the theory that the gold/silver ratio will go from around 80/1 to sub 20/1. 🤞

[HonestMoneyGoldSilver]

8 minutes ago, monkey said:

Its the quiet threads you need to watch most! there is a party going on over the gold thread 🤣🥳

Silver is for the level headed esteemed folk. A 5% move is not as exiting to us silver folk.

It's the sophisticated fellows who own silver unlike the glory hunters in the gold thread 🤐

[monkey]

Just now, HonestMoneyGoldSilver said:

the glory hunters in the gold thread

[CANV]

Carling says ,  you put 300 quids worth of silver in a footy sock then you're the daddy.      300 quids worth of gold..  dont go into the green house.   

[HonestMoneyGoldSilver]

9 minutes ago, HerefordBullyun said:

Good point There is some real positives about silver especially after todays market action silver went up 7% today, thats actually not a lot, considering how gold climbed, silver is golds little brother and follows later, but these gold moves are great tailwinds for silver three's plenty of upsides for silver with some good explosive price upwards..... Also another  positive it could cuases silver squeeze when gold gets rocking.....

The silver deniers will mock me but I know we will have the last laugh given cyclic chart history we are are going to break ATH in few years, will some big moves..... I will bet anyone an oz of silver....

[HerefordBullyun]

12 minutes ago, HonestMoneyGoldSilver said:

It's the sophisticated fellows who own silver unlike the glory hunters in the gold thread 🤐

Gold for show - silver for pro's!

[HerefordBullyun]

10 minutes ago, CANV said:

 dont go into the green house.   

Indians dont only show wealth by their gold but also elephants

As the old indian  proverb says the more elephants an indian has, the higher his rhubarb!

[gji25]

1 hour ago, HerefordBullyun said:

Indians dont only show wealth by their gold but also elephants

As the old indian  proverb says the more elephants an indian has, the higher his rhubarb!

As the old indian proverb says. What do you give an elephant with diarrhoea ? Plenty of room

[HonestMoneyGoldSilver]

Silver just hit £40/ounce!!!!

2023 Elizabeth II 1oz Silver Britannia | BullionByPost - From £46.44

2023 Charles III 1oz Silver Britannia - Boxed | BullionByPost - From £52.56

[FriedrichVonHayek]

Gold/Silver ratio at 85, how long before Gold's crazy little brother starts to close the gap?

[MBTPSilver]

Yes, it feels like silver should be firmly above £20 by now. Fingers crossed it happens soon.

[Petra]

On 18/10/2023 at 19:02, HonestMoneyGoldSilver said:

Silver just hit £40/ounce!!!!

2023 Elizabeth II 1oz Silver Britannia | BullionByPost - From £46.44

2023 Charles III 1oz Silver Britannia - Boxed | BullionByPost - From £52.56

That’s some box😮🤔

[SidS]

£19.99 by Xmas - I've been predicting it all year.

[Silverman2U]

37 minutes ago, SidS said:

£19.99 by Xmas - I've been predicting it all year.

 

On 18/10/2023 at 19:02, HonestMoneyGoldSilver said:

Silver just hit £40/ounce!!!!

2023 Elizabeth II 1oz Silver Britannia | BullionByPost - From £46.44

2023 Charles III 1oz Silver Britannia - Boxed | BullionByPost - From £52.56

Yup knew it was going to pop on that year. 
A great set to have in one of those infinity capsules

 

[Silverman2U]

On 13/10/2023 at 20:52, monkey said:

mainly my plan at the moment, planning on trading a good chunk of silver for gold in the next 5 - 10 years in the theory that the gold/silver ratio will go from around 80/1 to sub 20/1. 🤞

If it goes the way if rolex… where a stainless steel watch can for more than a dual tone gold and silver then yes. The unfortunate reality is silver is used too much in consumerism… if that was to happen youd find everything you wanted to buy with silver it would 3-4x and production would drop. Governments dont want that. Price suppression of silvers true price would be increased further… 

[Silverman2U]

7 minutes ago, Silverman2U said:

If it goes the way if rolex… where a stainless steel watch can for more than a dual tone gold and silver then yes. The unfortunate reality is silver is used too much in consumerism… if that was to happen youd find everything you wanted to buy with silver it would 3-4x and production would drop. Governments dont want that. Price suppression of silvers true price would be increased further… 

Here is a nice link. Look for the tends of the past to predict the future. War seems a great time to buy silver when the ratio is high, times of piece to stack your gold https://howmuch.net/articles/gold-silver-ratio-timeline

[monkey]

16 minutes ago, Silverman2U said:

Here is a nice link. Look for the tends of the past to predict the future. War seems a great time to buy silver when the ratio is high, times of piece to stack your gold https://howmuch.net/articles/gold-silver-ratio-timeline

fantastic link there to lost of interesting charts and reports! I'll be looking through these.