Silver Monitoring Thread £ (GBP) only.

[Petra]

6 minutes ago, monkey said:

When I say spike I was looking at the weekly chart (I could be using the term wrong, still getting my bearings a little with charting), 3 strong weeks on the gold chart. Silvers had a bit of a bouncy time.

Joe blogs price will only be effected on daily or weekly candles really.

I think silvers going to have a big move around the end of the year, or gold will retrace with silver retracing less. The G/S ratio is still at silly highs. I cant see how it will stay this high for too much longer.

Hopefully right for silver, however, luckily at the moment I am not really a seller with either😮🤔

[HonestMoneyGoldSilver]

[Sovhead]

Check the price of this bad boy….

https://www.ebay.co.uk/itm/275934958764?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=w3Naw3tLT4W&sssrc=4429486&ssuid=yvjAM_HqRB-&var=&widget_ver=artemis&media=COPY

[artalien]

Hello there. Please excuse me if this is a silly question but I had a thought last night about the price of silver. I assume that a major historical demand factor for silver was it's use as currency. I had a look at a couple of charts and I can't see a dip around 1947 or 1964. Can anyone shed some light on why there was no dip in price at or around these years?

While I'm at it consider that a crown is 25% of a pound and a gold sovereign was worth a pound. Today a sovereign is circa £400, shouldn't a pre 20 crown be worth £100?

Edited November 8, 2023 by artalien
changed spike for dip - changed half crown for crown

[Leonmarsh]

15 minutes ago, artalien said:

Hello there. Please excuse me if this is a silly question but I had a thought last night about the price of silver. I assume that a major historical demand factor for silver was it's use as currency. I had a look at a couple of charts and I can't see a dip around 1947 or 1964. Can anyone shed some light on why there was no dip in price at or around these years?

From 1947 onwards, all the "silver" coins were reduced to being made in cupro-nickel, an alloy of copper and nickel maybe a possibility? I'm no expert there will leave this one for me more educated and discerning peers 

[artalien]

2 minutes ago, Leonmarsh said:

From 1947 onwards

Added another question @Leonmarsh to my post above.

[gji25]

14 hours ago, artalien said:

Hello there. Please excuse me if this is a silly question but I had a thought last night about the price of silver. I assume that a major historical demand factor for silver was it's use as currency. I had a look at a couple of charts and I can't see a dip around 1947 or 1964. Can anyone shed some light on why there was no dip in price at or around these years?

While I'm at it consider that a crown is 25% of a pound and a gold sovereign was worth a pound. Today a sovereign is circa £400, shouldn't a pre 20 crown be worth £100?

Its called price manipulation ( rigging) in lamens terms

[artalien]

2 hours ago, gji25 said:

17 hours ago, artalien said:

Its called price manipulation

Thanks for replying. I need more 🙂

Enquiring minds need to know.

[Gruff]

For wen mooooon...
A 6.3kilo cuban chain  

Images copied from https://twitter.com/SilverChiquitaa/status/1722695650075177446/photo/4

[SidS]

11 hours ago, Gruff said:

For wen mooooon...
A 6.3kilo cuban chain  

Images copied from https://twitter.com/SilverChiquitaa/status/1722695650075177446/photo/4

WOW!

[monkey]

12 hours ago, Gruff said:

For wen mooooon...
A 6.3kilo cuban chain  

Images copied from https://twitter.com/SilverChiquitaa/status/1722695650075177446/photo/4

That could make B A Baracus blush!

[monkey]

Silver looks like it could be setting up for a nice brake out/ or later brake out setting up a head and shoulders.

 

[monkey]

interesting review of silver and gold against stocks and future projected performance. All sounds rather promising.

 

[BLOOMMAN101]

I watched that last night,surprised about the stocks

[monkey]

I do feel that there will be a period of people liquidation what ever they have for a time which will drive stocks down. I would think precious metals will be held onto the most, with a shallower pullback. If that's what your referring to?

[BLOOMMAN101]

8 minutes ago, monkey said:

I do feel that there will be a period of people liquidation what ever they have for a time which will drive stocks down. I would think precious metals will be held onto the most, with a shallower pullback. If that's what your referring to?

@38 mins mate

[BLOOMMAN101]

[Gruff]

52 minutes ago, BLOOMMAN101 said:

Clearly $24 is the line for protecting at the moment.

[BLOOMMAN101]

4 minutes ago, Gruff said:

Clearly $24 is the line for protecting at the moment.

Its having another go as we type

 

 

Edited November 16, 2023 by BLOOMMAN101

[gji25]

On 15/11/2023 at 10:06, monkey said:

Silver looks like it could be setting up for a nice brake out/ or later brake out setting up a head and shoulders.

But i dont have dandruff

 

[monkey]

GBP target of £19.31 was touched and now getting a bit of pullback.

[BLOOMMAN101]

17 minutes ago, gji25 said:

But i dont have dandruff

 

neither do I because I've pulled all my hair out waiting on $30 an Oz silver

[James32]

£1594

Sorry wrong thread

[monkey]

1 hour ago, James32 said:

£1594

Sorry wrong thread

price is nothing, percentage move is everything. 🧐

[James32]

Just now, monkey said:

price is nothing, percentage move is everything. 🧐

Long live percentages