notanewmember

Just noticed that http://www.cooksongold.com/category/Gold-and-Silver-Bars/ are currently out of stock of their 1KG silver bars. This was not the case a month ago.

Hang on a minute, I m sure a lot of that copies some of my observations from my blog - plagarism!!!!

Yeah 200 DMA appears to work - if you look at my silver blog, you can invest in anything thats trending using that as a buy and sell indicator for your entry points, and profit taking points. I hhave used barratts as an example. I think we'll see $16.5 again. So if anyone is daring, they could take a small profit [if they are in profit], and then buy at $16.5. I see the author has wrote the same thing in the article - I promise i didnt read it first! I am starting to get with this TA thing.

Its that a sort of cup and handle formation? TA a bit like bird spotting.

A theory on why actual silver will initally have more leverage than stocks.. At the end of this article http://www.gold-eagle.com/editorials_03/wa...ntly013103.html the author claims there is about 2 billion silver physical ounces globally. Most mining juniors in the UK have between 200 million to 1 billion shares in issue in each company. If the whole world got into a buying frenzy, the silver price would take off. Compare this - 6 billion people in the world chasing 2 billion ounces = 3 ounces per person VS 200 million shares to 60 million UK population = ratio is 3.3 shares per person 1 billion shares to 60 million UK population = ratio is 16.6 shares per person And remember not every investor will choose your stock.

Thats probably why I have largely given up on SBetting, and going more on position trading using actual shares to ignore daily noise. I think the only way to make money on SBetting is to probably put on a bet at £100 per point go long or short by flipping a coin, set a target stop price 50 pips away, and then walk away from the computer for a few hours. The daily noise including bad ticks should mean you can make money that way - one hopes.

Idiot - thats the problem with easy credit. The value of money is lost. He does not know how much money £175K really is. If he got a job on minimum wage for one year doing hard graft- he'd find out that even a fraction of that is alot of money. How the mighty have fallen.

I find it bizarre, that a winning streak HAS TO END at some point. Its like some sort of godly force out there. Trading on margin - for the pros only or for people who have supernatural powers.

what happens when silver moves $10-20 at a time? Will kitco have to have a scaled out graph??!!

i did warn people about spreadbet companies who can perphaps "inadvertantly", choose my words carefully, move prices to trigger your stop in the spreadbetting thread. They can see everyones stop for a start! A clear example there!!! You really have to be on the ball with these things - or have a wider stop - but you could lose more.

Channel Islands..... VAT exempt. But you'll find the premium huge over spot. And if you buy over a certain amount, I think over £150, last time I went, you have to declare it at customs. You are better off smuggling diamonds

Dont watch silver. Just buy and relax. A watched kettle never boils.

Hey I thought this was interesting An audi made from Silver. The pics are from here http://www.anvari.org/cols/Sheikh_Zayed_Bi...ltan_House.html The car is owned by Sheikh Zahed, who has an awesome guest house.

Goldmoney - does one have to keep a record of transactions and declare any capital gain to the HMRC?

The last two charts on http://www.gold-eagle.com/charts/gegsr.html I ve not noticed till now - I can't decipher it well ? It does look like september is a good time for silver and gold

Thought this was interesting http://the-moneychanger.com/commandments.phtml Ten Commandments For Buying Gold & Silver : I. Always take delivery II. Never buy premium if you can avoid it. III. Buy bullion for business, numismatics for fun. IV. Buy silver first, then gold. V. Buy small gold first, then large. VI. Never buy exotic coins or modern rarities or anything you don't understand. VII. Know your dealer. VIII. What governments can't find, they can't steal. IX. Never swap bullion coins for U.S. $20 gold pieces. X. Never break the law.

No problem - it'll be an honour. Theres some nice graphs here that I have found that are useful, and are updated montly http://www.gold-eagle.com/charts/gegsr.html

LOL If we look closely, each peak that silver made, it was made between January and March, then we had a year and a half of sideways movement. If the patern repeats, I d expect a new high to be made between January 2010 and March 2010. Interesting times, but a fair bit of patience is required!

Concentrated Short Positions http://www.silvermonthly.com/208/central-b...balance-sheets/ "Major firms such as Bank of America, Barclays, Citigroup, Goldman Sachs, JP Morgan Chase, and UBS all operate as bullion banks." A number of commentators have pointed out, the concentrated short positions are held by a handful of banks, which is keeping the price of Silver artifically depressed. This must be doomed to fail[!]. They already have their own problems with subprime loans, Alt-A loans etc. We can check their health by keeping an eye on their stockprice. AS long as their shareprices continue to crash, continue to buy and hold silver, as confidence in the financial system deterioates. Will these bank sharerpices contine to fall to no value? Will they eventually end their short positions? Will the FED engineer another bail out? Eitherway, an end game must happen soon. http://silver-investment.blogspot.com/2008...-positions.html

This is a great time to load up on silver, loaded up this morning on PHAG ETF. Physical silver, at the moment is a terrible investment in the UK. High premiums, low scrap prices, + VAT. I ll have to let other people buy the physical, such as the Americans, Canadians, Chinese and Austrailians, and I ll buy the ETF.

Peak oil or not, its just noise for the media to get a handle on. Oil price high, gold price is very low. The only way to redress thee balance is for oil to come back down to $90 a barrel, where gold is indicating it should be now.

BINGO http://www.cooksongold.com/category/Grain-...Casting-Pieces/ Silver grain £288.19 per KG £288.19 / 1000 = £0.28819 per gram 1 troy oz = 31.1034768 grams £0.28819 x 31.1034768 = £8.96371098 per Oz --> In dollars* = £8.96371098 x 1.9453 = $17.437107 per oz not including VAT *1 British pound = 1.9453 U.S. dollars Pretty close to spot as you can get, the disadvantage is that it is in silver grains - not as easy to sell without offical stamps.

I can only assume the spread is huge because the silver market is thinly traded, perhaps illiquid. Whereas GOLD is much bigger market. I ll treat silver like "AIM" stock, and GOLD like a blue chip FTSE-100 stock in terms of size of market. When interest rises for silver, then perhaps the spread will narrow.

Same calculation with goldline £205.75 per 500g Silver Bullion £205.75 / 500 = £0.4115 per gram 1 troy oz = 31.1034768 grams £0.4115 x 31.1034768 = £12.7990807 per Oz --> In dollars* = £12.7990807 x 1.9453 = $24.8980517 per oz Remember spot price for silver is $16.510 per oz *1 British pound = 1.9453 U.S. dollars Take off VAT at 17.5% $24.8980517 per oz x 0.175 = $4.35715905 $24.8980517-$4.35715905 = $20.5408926 per oz Ask Spread 20.5408926 - 16.51000 = 4.0308926 % [4.0308926 / 16.51000]*100 = 24.4%