shawth Posted August 21, 2009 Report Share Posted August 21, 2009 Can anyone point me to a site that has the spot price of gold and silver in sterling? I can only find the kitco charts but they don't provide much history. Link to comment Share on other sites More sharing options...
romans holiday Posted August 21, 2009 Report Share Posted August 21, 2009 Can anyone point me to a site that has the spot price of gold and silver in sterling? I can only find the kitco charts but they don't provide much history. http://goldprice.org/live-gold-price.html Click on Live gold price, then choose your options on "instruments". Link to comment Share on other sites More sharing options...
Pixel8r Posted August 21, 2009 Report Share Posted August 21, 2009 Have I missed the replies to this ?! If there are none, I am amazed. This is a HUGE story. The chinese public being encouraged to buy physical silver bullion is huge, just think how much demand there could be When will the west get the same options without the VAT, rather than the ETFs we are being herded into. Link to comment Share on other sites More sharing options...
G0ldfinger Posted August 21, 2009 Report Share Posted August 21, 2009 Can anyone point me to a site that has the spot price of gold and silver in sterling? I can only find the kitco charts but they don't provide much history. http://www.taxfreegold.co.uk/goldpriceslive.html Link to comment Share on other sites More sharing options...
azazel Posted August 21, 2009 Report Share Posted August 21, 2009 Can anyone point me to a site that has the spot price of gold and silver in sterling? I can only find the kitco charts but they don't provide much history. You could check out bullion vaults site. They now have live charts of both gold and silver and you can select a date range of between 20 years and 10 mins against all the lesser currencys. http://www.bullionvault.com/gold-price-chart.do Link to comment Share on other sites More sharing options...
nicejim Posted August 21, 2009 Report Share Posted August 21, 2009 The chinese public being encouraged to buy physical silver bullion is huge, just think how much demand there could be When will the west get the same options without the VAT, rather than the ETFs we are being herded into. The ratio of British average wage to Chinese average wage is roughly the gold/silver ratio. Savings rates are probably wildly different but you could imagine the average Chinese buying something in excess of the weight in silver that the average Briton buys in gold. I imagine this isn't very much per person, but there are an awful lot of people over there. Let's hope they embrace the idea. Link to comment Share on other sites More sharing options...
shawth Posted August 21, 2009 Report Share Posted August 21, 2009 Thanks for the responses on the sterling spot price. I am going to buy some calls on the major silver producers before the end of the summer to try to catch the Autumn upleg. Can anyone recommend some of the larger silver producers? Is there any etf's available that provide exposure to silver producers/miners? Cheers. Link to comment Share on other sites More sharing options...
nicejim Posted August 21, 2009 Report Share Posted August 21, 2009 Thanks for the responses on the sterling spot price. I am going to buy some calls on the major silver producers before the end of the summer to try to catch the Autumn upleg. Can anyone recommend some of the larger silver producers? Is there any etf's available that provide exposure to silver producers/miners? Cheers. List of Gold and Silver companies on google finance (half way down the page): http://www.google.co.uk/finance?catid=uk-64980108 AUCO/AUCP is an etf for goldminers from ETFSecurities. I'm not aware of a silver equivalent. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted August 21, 2009 Report Share Posted August 21, 2009 It got a mention a few weeks ago http://www.greenenergyinvestors.com/index....mp;#entry119435 Thanks It's still running: China Is About to Buy a lot More Silver... By Matt Badiali, editor, the S&A Resource Report Thursday, August 20, 2009 http://www.dailywealth.com/archive/2009/aug/2009_aug_20.asp Link to comment Share on other sites More sharing options...
nicejim Posted August 21, 2009 Report Share Posted August 21, 2009 From http://www.dailywealth.com/archive/2009/aug/2009_aug_20.asp "there are some 400 million households in China, with an average ownership of about 0.1 ounces of gold. The average gold ownership in most emerging countries works out to about 1 ounce per household. The Chinese are beginning to make up that gap." That's 360million ounces to be bought. Global jewellery demand is about 70million so even if it takes a decade for Chinese domestic gold investment to catch up, that's equivalent to a 50% increase in jewellery demand! Link to comment Share on other sites More sharing options...
G0ldfinger Posted August 21, 2009 Report Share Posted August 21, 2009 ... That's 360million ounces to be bought. Global jewellery demand is about 70million so even if it takes a decade for Chinese domestic gold investment to catch up, that's equivalent to a 50% increase in jewellery demand! That's roughly 10,000 metric tonnes. Some people think that the US still holds 8,000 tonnes. Maybe they should hand it over quickly so that the price won't rise. :lol: Link to comment Share on other sites More sharing options...
id5 Posted August 22, 2009 Report Share Posted August 22, 2009 That's roughly 10,000 metric tonnes. Some people think that the US still holds 8,000 tonnes. Maybe they should hand it over quickly so that the price won't rise. :lol: Gordon Brown would have sold it off by now, what is up with the US Link to comment Share on other sites More sharing options...
nicejim Posted August 22, 2009 Report Share Posted August 22, 2009 That's roughly 10,000 metric tonnes. Some people think that the US still holds 8,000 tonnes. Maybe they should hand it over quickly so that the price won't rise. :lol: I love google for this sort of thing... http://www.google.co.uk/search?q=360+milli...unces+in+tonnes 360 million troy ounces = 11 197.2516 tonnes Link to comment Share on other sites More sharing options...
romans holiday Posted August 24, 2009 Report Share Posted August 24, 2009 Interesting to note that the Yen has not yet managed to break out of the strengthening downward trend. Until the Yen breaks out of this channel, the risk trade looks fragile and silver might not be heading much to the upside. Link to comment Share on other sites More sharing options...
TrueNorth Posted August 24, 2009 Report Share Posted August 24, 2009 Clive Maund, Silver Market update: CM, Silver, 23rd August There has been an ususual divergence between silver and gold over the past few weeks - gold's COT structure has improved while silver's has continued to deteriorate, against a background of a technical picture that looks considerably weaker than that for gold. . . Link to comment Share on other sites More sharing options...
romans holiday Posted August 24, 2009 Report Share Posted August 24, 2009 There has been an ususual divergence between silver and gold over the past few weeks - gold's COT structure has improved while silver's has continued to deteriorate, against a background of a technical picture that looks considerably weaker than that for gold. . . imo gold has been effectively monetized. Silver continues to move with the vagaries of the risk/risk averse trades. This is what I love about silver. It is good for speculation, due to the massive volatility, whereas gold is now only good as an "investment".... or should a say a safe haven for capital. Link to comment Share on other sites More sharing options...
Pixel8r Posted August 24, 2009 Report Share Posted August 24, 2009 Ted Butler being very bullish on silver, mentions that there has been a hedge of JP Morgan's massive silver short position which they inherited from Bear Sterns. Interviewed by Eric King on kingworldnews.com http://www.kingworldnews.com/kingworldnews...als_Market.html Link to comment Share on other sites More sharing options...
romans holiday Posted August 24, 2009 Report Share Posted August 24, 2009 Ted Butler being very bullish on silver, mentions that there has been a hedge of JP Morgan's massive silver short position which they inherited from Bear Sterns. Interviewed by Eric King on kingworldnews.com http://www.kingworldnews.com/kingworldnews...als_Market.html When has he not been bullish on silver? Link to comment Share on other sites More sharing options...
romans holiday Posted August 24, 2009 Report Share Posted August 24, 2009 I have been lightening up a little on silver [still heavily in]. I notice that goldmoney always buys my silver above spot. I am not sure why this is so but I am not complaining. Spot was 1340 Yen an ounce Goldmoney bought for 1364 an ounce. Basically a 24 cent difference. I have noticed before I have got good prices a bit above spot. Link to comment Share on other sites More sharing options...
TrueNorth Posted August 24, 2009 Report Share Posted August 24, 2009 I have noticed before I have got good prices a bit above spot. me too. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted August 24, 2009 Report Share Posted August 24, 2009 When has he not been bullish on silver? did you listen though? i was going to post it until i saw pix had - this is well worth a listen bob hoye eat your heart out Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted August 24, 2009 Report Share Posted August 24, 2009 Clive Maund, Silver Market update: CM, Silver, 23rd August your quote is completely at odds with what ted butler says about the cot data - hmm over the last few weeks the silver bears have been proved wrong again - todays/fridays price action says it all Link to comment Share on other sites More sharing options...
romans holiday Posted August 24, 2009 Report Share Posted August 24, 2009 did you listen though? i was going to post it until i saw pix had - this is well worth a listen bob hoye eat your heart out I guess I should. I just find both perma-bears and perma-bulls a little tedious at times. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted August 24, 2009 Report Share Posted August 24, 2009 I guess I should. I just find both perma-bears and perma-bulls a little tedious at times. is that me off the xmas card list then what mr butler has been banging on about now for a while regarding the new drive to clean up ctfc positions could prove very complimentary for silver add to that the fact (i did not know this) that the JP Morgan concentrated short position was inherited from aig; the bad guys might not be the great evil-doers after all and with regard to cot data, the biggest threat to silver going forward is err gold! Link to comment Share on other sites More sharing options...
romans holiday Posted August 24, 2009 Report Share Posted August 24, 2009 is that me off the xmas card list then what mr butler has been banging on about now for a while regarding the new drive to clean up ctfc positions could prove very complimentary for silver add to that the fact (i did not know this) that the JP Morgan concentrated short position was inherited from aig; the bad guys might not be the great evil-doers after all and with regard to cot data, the biggest threat to silver going forward is err gold! Yeah, I found that a bit odd. It certainly doesn't fit in with my "monetization of gold" thesis. Link to comment Share on other sites More sharing options...
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