Silver Monitoring Thread £ (GBP) only.

[gji25]

1 hour ago, monkey said:

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

Sounds like a 4skin manouvre

[monkey]

5 minutes ago, gji25 said:

Sounds like a 4skin manouvre

were measuring cash value not a measure of length 😆

[BLOOMMAN101]

 

[BLOOMMAN101]

another try at $24

[monkey]

Silver looking healthy today.

If it holds strong at close today, Im projecting the next targets to be £22.40 Q1 2024 with a rest around £19.70 and £20.50.

USD price target $27.00 with a rest around $24.80 and $25.00 - $25.50 and $26.20

 

[SidS]

6 minutes ago, monkey said:

Silver looking healthy today.

If it holds strong at close today, Im projecting the next targets to be £22.40 Q1 2024 with a rest around £19.70 and £20.50.

USD price target $27.00 with a rest around $24.80 and $25.00 - $25.50 and $26.20

 

So $500 by Xmas... Well that's what I heard on youtube. 😁

[BLOOMMAN101]

They really like slapping it dead on the hour or half-hour don't they?  11.00am slap

 

[monkey]

8 minutes ago, BLOOMMAN101 said:

They really like slapping it dead on the hour or half-hour don't they?  11.00am slap

 

not too bad for now though, I think if silver closes above $24/ £19 its a good day.

[gji25]

To da moooooooon

 

[Zhorro]

On 27/10/2023 at 10:30, Zhorro said:

 

The paper to silver ratio continues to fall.  Three weeks ago it was 242.67:1, now it is 224.44:1.  Back in March is was 364.29:1.

What baffles me is that I have seen no discussion of this anywhere, and that it does not seem to have had much impact on the spot price of silver.  The traditional argument has been that it is all this paper silver that is being used to keep down the price of silver, so logically, one would have thought that this massive reduction (since March) in paper silver would have freed up the silver price.  However, since mid-March the silver price has only increased by about less than 3%!

The paper to silver ratio continues to fall.  It is now below 200:1 - four weeks ago it was 224.44:1.  Back in March is was 364.29:1.

There continues to be no discussion of the phenomenon despite a 45% fall in the paper to silver ratio in the past 8 months.

[BLOOMMAN101]

[HonestMoneyGoldSilver]

1 hour ago, Zhorro said:

The paper to silver ratio continues to fall.  It is now below 200:1 - four weeks ago it was 224.44:1.  Back in March is was 364.29:1.

There continues to be no discussion of the phenomenon despite a 45% fall in the paper to silver ratio in the past 8 months.

This went under my radar too. The implication is a reduction in paper ratios will lead to an increase in physical prices but this is speculative

[HonestMoneyGoldSilver]

43 minutes ago, BLOOMMAN101 said:

[BLOOMMAN101]

[BLOOMMAN101]

 

[Gruff]

 

 

 

[Paul]

28 minutes ago, Gruff said:

 

 

 

Ah well, that explains it 

It's clear as day when presented like that 

[stefffana]

33 minutes ago, Gruff said:

 

 

 

I can see a pattern!😂😂😂😂😂

Look a little like Mariana Trench in section...

Just sayin'....😁

[Paul]

37 minutes ago, Gruff said:

 

 

 

Does that mean it's beat it's 1980 all time high yet ?? 

[Gruff]

Just now, Paul said:

Does that mean it's beat it's 1980 all time high yet ?? 

Nearly, if measured in Zimbabababababwe dollar or Nigerian Kwacha 

[Paul]

I wonder what a tin of beans was in 1980 ? 

[Darr3nG]

7 minutes ago, Paul said:

I wonder what a tin of beans was in 1980 ? 

Tinned foods

• 1983 Heinz tinned spaghetti in tomato sauce 15.5 fluid oz (Asda) - 19p
• 1987 Asda marrowfat processed peas 300g - 10p
• 1987 Ye Olde Oak round ham 1lb (Asda) - 67p
• 1987 John West red salmon 440g (Asda) - £2.59

https://www.retrowow.co.uk/social_history/80s/how_much_did_things_cost.html?expand_article=1

[Paul]

21 minutes ago, Darr3nG said:

Tinned foods

• 1983 Heinz tinned spaghetti in tomato sauce 15.5 fluid oz (Asda) - 19p
• 1987 Asda marrowfat processed peas 300g - 10p
• 1987 Ye Olde Oak round ham 1lb (Asda) - 67p
• 1987 John West red salmon 440g (Asda) - £2.59

https://www.retrowow.co.uk/social_history/80s/how_much_did_things_cost.html?expand_article=1

To da'mooooooooooooon 🚀🚀🚀 !! 

Oooohh sorry wrong thread 

[Gruff]

1 hour ago, Darr3nG said:

Tinned foods

• 1983 Heinz tinned spaghetti in tomato sauce 15.5 fluid oz (Asda) - 19p
• 1987 Asda marrowfat processed peas 300g - 10p
• 1987 Ye Olde Oak round ham 1lb (Asda) - 67p
• 1987 John West red salmon 440g (Asda) - £2.59

https://www.retrowow.co.uk/social_history/80s/how_much_did_things_cost.html?expand_article=1

Jaysus, John West red salmon has always been a rip off

[James32]

Just now, Gruff said:

Jaysus, John West red salmon has always been a rip off

£2.59 in 1987 would have bought a 3 bedroom house, huh?