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Silver Monitoring Thread £ (GBP) only.


Message added by ChrisSilver

To discuss price action in USD instead, please see here: https://thesilverforum.com/topic/19861-silver-monitoring-thread-usd-only/

 

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On 07/08/2024 at 20:54, HerefordBullyun said:

 

This was made 3 months before black Japan monday

I'm not taking financial advise from someone who looks like he plays guitar in Journey

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

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Current Price

£21.62

Live Change

0.00% £0.00

Live high £21.62

 

Live low £21.62

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

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Current Price

£21.74

Live Change

0.28% £+0.06

Live high £21.74

 

Live low £21.66

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

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I don’t often come to this bit of the forum.  I’m not a pumper, don’t think Ag will go to to $200 an ounce by Xmas etc

I do however think silver is long due a significant uptick into the £35 region in the next 6-12 months.  

Yes, I’m a fool for making a prediction, but think Ag is well set for gains - it is overdue - my guess is we will see levels similar to 2013.  

Not my circus, not my monkeys

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Food for thought 🍩 1 paper $ versus 1 Silver $ coin . Both have the same face value of 1 $ .

Face value in real terms of the paper $ = about 10c.

Face value of the 1$ silver coin = $28.92 .  Wakey Wakey

dollar v dollar.jpg

Edited by gji25
pics

LFTV.  live from the vault.   Spot price is immaterial. its just an illusion.

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15 hours ago, dicker said:

I don’t often come to this bit of the forum.  I’m not a pumper, don’t think Ag will go to to $200 an ounce by Xmas etc

I do however think silver is long due a significant uptick into the £35 region in the next 6-12 months.  

Yes, I’m a fool for making a prediction, but think Ag is well set for gains - it is overdue - my guess is we will see levels similar to 2013.  

If you swap a one ounce gold coin for around 85 ounces of silver (as per recent levels), and later you can swap 50 ounces of silver for a ounce of gold, you'll have 70% more ounces of gold than before. Perhaps 17 instead of 10 gold coins.

xscreenshot-20240819-T133416.png

Gold recent price £1924/oz, silver £22.4/oz. 1925 / 22.4 = 85.9 Gold/Silver Ratio (GSR)

Edited by Bratnia
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8 hours ago, Bratnia said:

If you swap a one ounce gold coin for around 85 ounces of silver (as per recent levels), and later you can swap 50 ounces of silver for a ounce of gold, you'll have 70% more ounces of gold than before. Perhaps 17 instead of 10 gold coins.

xscreenshot-20240819-T133416.png

Gold recent price £1924/oz, silver £22.4/oz. 1925 / 22.4 = 85.9 Gold/Silver Ratio (GSR)

Reported.

Multiple times.

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How can the pound be $1,32?

What are we doing in the UK to have such a wonderfully strong currency eh!

Maybe our politicians are better workers than theirs, ha ha.

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