Pixel8r Posted December 1, 2008 Report Share Posted December 1, 2008 that chart pixel posted , he will get it in real price, the trend just started I am sure you were telling us that silver would get to $6.60 last wednesday, now the trend has just started, which is it? Link to comment Share on other sites More sharing options...
wren Posted December 2, 2008 Report Share Posted December 2, 2008 (This is a cross-post from the gold thread.) Somebody graphically tracking the COMEX gold and silver deliveries this month (I've no idea if it's reliable): http://meltdown2011.wordpress.com/2008/11/...omex-countdown/ Link to comment Share on other sites More sharing options...
Mr Pipples Posted December 2, 2008 Report Share Posted December 2, 2008 (This is a cross-post from the gold thread.) Somebody graphically tracking the COMEX gold and silver deliveries this month (I've no idea if it's reliable): http://meltdown2011.wordpress.com/2008/11/...omex-countdown/ Good find, Wren. Link to comment Share on other sites More sharing options...
fexx Posted December 2, 2008 Report Share Posted December 2, 2008 (This is a cross-post from the gold thread.) Somebody graphically tracking the COMEX gold and silver deliveries this month (I've no idea if it's reliable): http://meltdown2011.wordpress.com/2008/11/...omex-countdown/ As it now seems to have progressed from a meltdown to a vaporization, maybe the title of the comex thread needs changing? Link to comment Share on other sites More sharing options...
Pixel8r Posted December 2, 2008 Report Share Posted December 2, 2008 (This is a cross-post from the gold thread.) Somebody graphically tracking the COMEX gold and silver deliveries this month (I've no idea if it's reliable): http://meltdown2011.wordpress.com/2008/11/...omex-countdown/ Great find wren, here's the silver chart... Link to comment Share on other sites More sharing options...
aardvark Posted December 2, 2008 Report Share Posted December 2, 2008 what does that chert mean? does it mean that when the silver delivered over takes the silver remaining then we have a default? Link to comment Share on other sites More sharing options...
Pixel8r Posted December 2, 2008 Report Share Posted December 2, 2008 what does that chert mean? does it mean that when the silver delivered over takes the silver remaining then we have a default? Here's the explanation from the site; COMEX trades hundreds of times more gold & silver than they actually possess. If enough investors demand delivery of PHYSICAL gold & silver COMEX stockpiles will be depleted. If COMEX runs out, the ensuing rush to grab physical metal to settle contract obligations *could* be the spark that ignites the long-awaited precious metals wildfire. Explanation: COMEX warehouses contain both “registered” and “eligible” metals. The “registered” metals are available for physical delivery. The “eligible” metals are not ready for delivery until they become “registered.” Although this pool of “eligible” metals is stored at COMEX warehouses there is no obligation to “register” these metals for subsequent physical deliveries. The graph shows: 1) the cumulative ounces of metal delivered this month, 2) the ounces of “registered” metal available for delivery, 3) the ounces “eligible” for registration. The percentage shown is based on the cumulative physical metal deliveries for the month against the “registered” amount of metal in COMEX. http://meltdown2011.wordpress.com/2008/11/...omex-countdown/ Link to comment Share on other sites More sharing options...
wren Posted December 2, 2008 Report Share Posted December 2, 2008 As it now seems to have progressed from a meltdown to a vaporization, maybe the title of the comex thread needs changing? It'll be sublimation next. Link to comment Share on other sites More sharing options...
kernull Posted December 2, 2008 Report Share Posted December 2, 2008 Link to comment Share on other sites More sharing options...
FWIW Posted December 2, 2008 Report Share Posted December 2, 2008 Disagree with you Ker... http://stockcharts.com/charts/gallery.html?%24silver If it goes anywhere under 8.0 then you are the prince of darkness... Link to comment Share on other sites More sharing options...
G0ldfinger Posted December 2, 2008 Report Share Posted December 2, 2008 Just bought some. I will, by the way, buy the complete world stock of silver if the price drops far enough. Link to comment Share on other sites More sharing options...
wren Posted December 2, 2008 Report Share Posted December 2, 2008 Just bought some. I will, by the way, buy the complete world stock of silver if the price drops far enough. I'm in the middle of averaging in over a 5-week period. I don't trust myself to guess which way it will go, so averaging in for the moment. You won't get my stash even if it drops to zero in toilet paper money. Link to comment Share on other sites More sharing options...
fexx Posted December 2, 2008 Report Share Posted December 2, 2008 It'll be sublimation next. Don't know if 'Warning - Comex sublimation imminent' has the same ring to it though!) Link to comment Share on other sites More sharing options...
fexx Posted December 2, 2008 Report Share Posted December 2, 2008 By the way, Does anyone know where I can get a reliable xag/gbp historical chart? I've asked a few times on here & searched the net, but never found a decent one.. Link to comment Share on other sites More sharing options...
nicejim Posted December 2, 2008 Report Share Posted December 2, 2008 I just checked CID to see the lovely 15% VAT on their silver. Oops - the 1kg Libertad dodgy VAT rate has been noticed (was 7%, now 15%). Link to comment Share on other sites More sharing options...
lardoon Posted December 2, 2008 Report Share Posted December 2, 2008 By the way, Does anyone know where I can get a reliable xag/gbp historical chart? I've asked a few times on here & searched the net, but never found a decent one.. Try this: http://www.oanda.com/convert/fxhistory They have prices going back to 1990 - you need to get the raw dataa as CSV and paste it in Excel and do the chart yourself though... Link to comment Share on other sites More sharing options...
ziknik Posted December 2, 2008 Report Share Posted December 2, 2008 By the way, Does anyone know where I can get a reliable xag/gbp historical chart? I've asked a few times on here & searched the net, but never found a decent one.. Silver in Sterling? Look at the charts in G0ldfingers signature EDIT: from G0ldfingers sig (hope you don't mind GF) http://gold.approximity.com/since1985/Silver_GBP_LOG.html Link to comment Share on other sites More sharing options...
qwerty Posted December 3, 2008 Report Share Posted December 3, 2008 http://stockcharts.com/h-sc/ui?s=$SIL...id=p41585291416 Link to comment Share on other sites More sharing options...
fexx Posted December 3, 2008 Report Share Posted December 3, 2008 Thanks Guys, some more stupid questions for you... Silver in Sterling? Look at the charts in G0ldfingers signature EDIT: from G0ldfingers sig (hope you don't mind GF) http://gold.approximity.com/since1985/Silver_GBP_LOG.html Ziknik, looks close but wanted kind of an overview (like http://www.goldpreciousmetals.com/charts_historic_gbp.asp but with silver and none 'logarithmic'?) or one where you could change parameters (candlestick/line, ma, etc) like... http://stockcharts.com/h-sc/ui?s=$SIL...id=p41585291416 This looks good quark, but when I try $XBP:$SILVER (ie other way around), it doesn't seem to work - is showing around 15.5 for todays price! Not sure what I'm doing wrong. Also how did you make a link with the parameters in (so page just opens with your preset chart style)? That would be ideal. Link to comment Share on other sites More sharing options...
Belfast Posted December 3, 2008 Report Share Posted December 3, 2008 I'm looking to buy some silver, would it be a good idea to place an order tonight before the BOE expected rate cut? Link to comment Share on other sites More sharing options...
Belfast Posted December 3, 2008 Report Share Posted December 3, 2008 The Silver chart indicates that Silver has dropped quite a bit recently, I've read it's a good idea to buy in the lows. Link to comment Share on other sites More sharing options...
wren Posted December 3, 2008 Report Share Posted December 3, 2008 The Silver chart indicates that Silver has dropped quite a bit recently, I've read it's a good idea to buy in the lows. This is what I'm doing. I can't be sure that the final bottom is in, so I'm averaging in. About BoE cut, I don't know. A cut should weaken the pound, but maybe the market has priced it in to some extent already? Link to comment Share on other sites More sharing options...
Belfast Posted December 3, 2008 Report Share Posted December 3, 2008 This is what I'm doing. I can't be sure that the final bottom is in, so I'm averaging in. About BoE cut, I don't know. A cut should weaken the pound, but maybe the market has priced it in to some extent already? Thanks for the reply Wren. Do CoinsInvestDirect still have the best price for Silver? I wish they accepted direct debit Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 3, 2008 Report Share Posted December 3, 2008 Thanks Guys, some more stupid questions for you... Ziknik, looks close but wanted kind of an overview (like http://www.goldpreciousmetals.com/charts_historic_gbp.asp but with silver and none 'logarithmic'?) or one where you could change parameters (candlestick/line, ma, etc) like... This looks good quark, but when I try $XBP:$SILVER (ie other way around), it doesn't seem to work - is showing around 15.5 for todays price! Not sure what I'm doing wrong. Also how did you make a link with the parameters in (so page just opens with your preset chart style)? That would be ideal. This one is good for comparing performance: http://stockcharts.com/charts/performance/...ILVER,$xbp Click on XBP to get it relative to the pound. For the other stockcharts: http://stockcharts.com/h-sc/ui?s=$SIL...id=p41585291416 Click on "Linkable Version" under the chart. It should be "$SILVER:$XBP". But multiple the number by 100. So showing ~£6.5 at the moment (0.065) Link to comment Share on other sites More sharing options...
azazel Posted December 3, 2008 Report Share Posted December 3, 2008 Thanks for the reply Wren. Do CoinsInvestDirect still have the best price for Silver? I wish they accepted direct debit They do a bank transfer which you can do through internet banking. You can make your purchase and then pay. They give you at least a week. kilo bars look reasonable to me at £300 each. ( they about £320 now but below £300 recently) You need to be selling on ebay or privately or you will have to loose the VAT + dealer margin before you get a profit. Gold Money is a good alternative, apparently.. Link to comment Share on other sites More sharing options...
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