Silver Monitoring Thread £ (GBP) only.

[ChrisSilver]

49 minutes ago, BITYGA said:

Spot price is frighteningly high. £600 an ounce in 2016. Over 2k today

Moved to the £ GBP price discussion topic. 

[silvernewbie]

Silver down 3% today?!

[Airhead]

On 21/12/2019 at 21:04, BITYGA said:

Spot price is frighteningly high. £600 an ounce in 2016. Over 2k today

I suppose it’s best to view things long term 10+ years and buy in the dips

[Pipers]

SMASH DOWN

[Robda1986]

Blood bath almost worth buying a couple of kgs

[ChrisSilver]

Silver drops to less than £10 per oz! https://thesilverforum.com/charts/

[AppleZippoandMetronome]

2 minutes ago, ChrisSilver said:

Saying that though, I just checked the chart. Silver spot price under £10! is this correct? https://thesilverforum.com/charts/

And down a further 20p in the time its taken me to look up prices for higher volumes. Madness

[5huggy]

@ChrisSilver yep-

---

Added 0 minutes later...

METAL	BUY	SELL
Gold	£1,184.40	£1,189.35
Silver	£9.69	£9.78
Platinum	£506.94	£525.03

[Paul]

Silver Price Last Week
Current Price    £9.81
Week High    £13.28
Week Low    £9.81
Week Change    £-3.18 (-24.47 %) (!) 

[sixgun]

There are some people say that silver is money. The elite clearly do. The USD-Treasury complex is falling apart. The paper price of silver is smashed. If silver were simply a commodity why would the price be smashed? The other metal commodities are down around 3% and silver looks like it fell 20%. There is the proof silver is being dealt with as a competitor currency to the USD. This is the start of the reset and they now thrashing around. 

Try buying some actual silver at sub £10 - you won't. 

Edited March 16, 2020 by sixgun

[goldmember44]

Atkinson's is unreachable even by phone...

[sovereignsteve]

5 minutes ago, sixgun said:

There are some people say that silver is money. The elite clearly do. The USD-Treasury complex is falling apart. The paper price of silver is smashed. If silver were simply a commodity why would the price be smashed? The other metal commodities are down around 3% and silver looks like it fell 20%. There is the proof silver is being dealt with as a competitor currency to the USD. This is the start of the reset and they now thrashing around. 

Platinum is down 12%

[TheRegalOne]

The dealers going quiet when they know a discount is available, shocking! 

[sixgun]

1 minute ago, goldmember44 said:

Atkinson's is unreachable even by phone...

They aren't going to sell anything - they are going to sit it out. The US stock markets are halted - limit down 5% - they didn't restart - i can see the US Fang on a spread better i have - it is running and is over 10% down. 

[Robda1986]

Sod this I'm buying before the reverse spike 

[Thelonerangershorse]

Bouncing back now !

 

[goldmember44]

Just now, Robda1986 said:

Sod this I'm buying before the reverse spike 

Good luck finding a willing dealer!

[sixgun]

Just now, TheRegalOne said:

The dealers going quiet when they know a discount is available, shocking! 

Well not really. They are there to make a living. They have tens and hundreds of thousands in stock - they bought these are much higher prices - unless they have futures hedges they would lose a lot - they could go out of business so it is better to just not answer the phone and wait for it to pass.

[sovereignsteve]

Exactly, why should they sell at a loss to TSF bargain hunters?😜

[Paul]

 

Just now, sixgun said:

They aren't going to sell anything - they are going to sit it out. The US stock markets are halted - limit down 5% - they didn't restart - i can see the US Fang on a spread better i have - it is running and is over 10% down. 

https://shareprices.com/indices/ftse100  FTSE is a sea of 'red'

Look at the airline/holiday/aerospace suppliers shareprices 

TUi -34%

SqueezyJet -16.4%

International Airlines -23%

Rolls Royce -19% 

[HighlandTiger]

Seeing as silver is supposed to be a safe haven when the terrible hits the fan. Then why has it dropped like a stone during the biggest viral epidemic in nearly a century.

Beginning to think the silver "experts" have been conning us all these years.

If silver isn't going to go to £50 an oz during this crises, I doubt if ever will. 

 

[Tarsal]

If you place an order online will they will they process it or just give you your money back?

[Martlet]

9 minutes ago, HighlandTiger said:

Seeing as silver is supposed to be a safe haven when the terrible hits the fan. Then why has it dropped like a stone during the biggest viral epidemic in nearly a century.

Beginning to think the silver "experts" have been conning us all these years.

If silver isn't going to go to £50 an oz during this crises, I doubt if ever will. 

 

Turns out people seek pasta and bog roll before silver.  Some re-evaluation is going to be needed. 

[HawkHybrid]

6 minutes ago, HighlandTiger said:

Then why has it dropped like a stone during the biggest viral epidemic in nearly a century.

 

that's cos silver being anti-bacterial is not necessarily

anti-viral. I'm surprised the silver pumpers haven't

claimed that it fixes coronavirus. it seems to be a fix for

everything else past and present.

 

HH

[Paul]

New Ratio

The Toilet Rolls to Silver Ratio