Kilham

Shanghai Hikes Gold Margins For Second Time In A Month

Not that bldy game again

Though if China is still trying to swap its $ for gold it's in their interestes to keep the price down for a while longer.

I'm quite sure 'they' will have a go at knocking it down to make the $ look good and to frighten potential buyers back to the safety of the Dollar.

(It's not easy trying to keep a straight face when using 'safety' and 'dollar' in the same sentence...)

My thoughts (FWIW) are that it it fails to hold the down move will be aggressive i.e. a fake breakout out falls hard

We really could do with a retest of the support line. I was expecting the June low to continue, leading to a low at the end of July and accordingly sat on my cash. Even so £900/oz isn't that cheap

I thought the Bernank was going to deliver some deflation?.

IMO it failed right here:

There are several ways a gold standard might be implemented but the most likely in my opinion would be one where the Fed

Collapse in price (of silver or gold) will just mean more and more people buying physical at cheaper prices.

I keep thinking about this idea of the weak hands being shaken out to provide cheap metal for the rest of us.

Just how many gold forums do you see with posters waiting for the correction, ready to back up the truck as soon as there's a dip?.

With so many buyers eagerly waiting is there much opportunity for a bargain now unless there's a large investor selling off (or manipulation)?.

(I'm talking about real metal here, not paper btw).

Seems that each smack results in less down.

From Bairds website:

Am I required to provide identification when dealing with you?

 

Small purchases or sales by private individuals below five thousand pounds can be executed without any identification needing to be provided, although we will ask you for a name and address for the invoice. However, if you are spending more than five thousand pounds in a single transaction or more than ten thousand pounds in the course of a year than we will be required to ask for identification. We also require identification for anyone wishing to open an unallocated or allocated account with us. This information is solely for our own use and is stored securely on our premises. It is never shared with any government department nor other third party, and would never be disclosed unless we are compelled to do so by the authorities in relation to a serious crime

I'd suggest buying little and often, from separate sources.

Raw Raw gold?

Hoho.

 

What happened to $17 silver?

I was really looking forward to those little envelopes from Sarnia again....

THERE ALL AT IT NOW.AND YOU ALL THOUGHT GOLDFINGER WAS JUST A FILM. (and a TOP poster at GEI.)

Maybe in the 2011 version he'd have to be Wolfram Tungstenfinger

WTF!!!???

 

Fake silver panda for sale £40.....LOL... Its like discovering that the krugerrand I bought for £950 was a fake and then trying to sell it for £1500

 

 

http://cgi.ebay.co.uk/2008-CHINA-PANDA-10-...=item2308f829c8

Isn't it illegal to sell a known fake coin that isn't marked as such?. I know it is in the US, surely the UK has similar laws (we seem to have laws making almost everything except breathing illegal).

It really bugs the hell out of me that I can no longer buy silver on ebay as the postman will steal it or I have to pay recorded delivery and monitor the parcels state of delivery. I would have to do a sting or investigation type work to catch him out. One of the parcels he stole was signed for and the record shows it was signed for. Fortunately, the losses are not too bad at about £50.

Your main concern should be the possibility that somebody with criminal tendencies knows you have a quantity of physical silver and probably gold.

Around $80 off is not a 'major shake of the tree'. 50% down would be, 30% would be a 'damn good shake'. $80 is a stiff breeze.

Divorcing couple claim each has missing three gold bars that were 'just left lying around the house'

 

How careless can you get?

Sounds like a load of Bullion to me

Dude! Gold has dropped, and silver(!) not (dramatically)!

 

The naked silver shorts are ripe.

Yes, in £s Silver has been fairly flat all day, most of the drop seen on Kitco is $ related.

Copy silver or a copy of a $20 coin?

 

http://cgi.ebay.co.uk/1TROY-OZ-FINE-SILVER...60#ht_500wt_949

 

22 mins, £12.40 + £1.50pp

I would guess fake coin real silver, the seller has other silver for sale so they must know what the real thing looks and feels like. If it isn't they're telling blatant porkies and a paypal claim should be successful.

GBP 129 now. If there is only some silver in it, someone's gonna make a lot of money. If it's lead, oh well...

 

EDIT: 131 - it's picking up. Hmmm, I am really tempted...

Well I decided in the end to give it a go but was well below the final price. Somebody just bought some very cheap silver or very expensive lead.

Hi Guys,

 

Just a quickie, what are your thoughts on these please.

 

http://cgi.ebay.co.uk/SILVER-BULLION-BARS-...=item4aa5f84b8c

 

They don't seem to be attracting much interest with only 2 hrs to go...

 

JL

Hmmmmmm

If you thought you had the best part of £4k in silver would you

A: Take it to be assayed then sell it with certification?

B: Flog it on feebay and hope it sells?.

Anyone reckon the Chinese inscription reads 'Silver solder'?

I thought "you" wanted a correction so you could buy.

And the rest of us.

Now my Turdling will buy even less. Golden rule no.2: Buy early and often

$1405, any ideas what's causing the spike, has RB been posting again?.

Could somebody please dump a load of silver at $25, enough to get the price down to about 23? . Maybe we should have a 'Dear JPM Shorts' thread and ask nicely?.

Looks like we're not getting our bargain price gold then.

Even those 'Santa' bars in the 'seconds' section that weren't selling a year ago at £13 are out of stock.

Realist Bear = Edwin Trueman. That screen shot of RB gold threads is fantastic!

http://www.housepricecrash.co.uk/forum