bitbigt Posted February 17, 2009 Report Share Posted February 17, 2009 it didn't end, it just took a breather Prepare for >14 by close of play in US today!!!! Told ya! ...now expecting today to close at 14.2 Link to comment Share on other sites More sharing options...
bitbigt Posted February 17, 2009 Report Share Posted February 17, 2009 Told ya! ...now expecting today to close at 14.2 ...on your marks ...get set (building up pressure at 14.0) ... Link to comment Share on other sites More sharing options...
bitbigt Posted February 17, 2009 Report Share Posted February 17, 2009 ...on your marks ...get set (building up pressure at 14.0) ... ...Go !!!! Link to comment Share on other sites More sharing options...
bitbigt Posted February 17, 2009 Report Share Posted February 17, 2009 Told ya! ...now expecting today to close at 14.2 Told ya! Link to comment Share on other sites More sharing options...
Crashman begins Posted February 17, 2009 Report Share Posted February 17, 2009 Just how high do you guys expect silver to go.. realistically & why ? Ive read many articles and bought gold & little silver... but just need a little reasurrance before I part with a fraction of money im going to need next year Link to comment Share on other sites More sharing options...
ziknik Posted February 17, 2009 Report Share Posted February 17, 2009 Just how high do you guys expect silver to go.. realistically & why ? Ive read many articles and bought gold & little silver... but just need a little reasurrance before I part with a fraction of money im going to need next year I expect the gold silver ratio to reach 5 (historically, we’ve got to 15 before). It’s currently 70+ (ish). I expect gold to keep rising in price for a few more years. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 17, 2009 Report Share Posted February 17, 2009 I expect the gold silver ratio to reach 5 (historically, we’ve got to 15 before). It’s currently 70+ (ish). ... Maybe, but not before next year is my guess (he wants to speculate short term, apparently). Link to comment Share on other sites More sharing options...
electroweak Posted February 17, 2009 Report Share Posted February 17, 2009 Trader Dan (from JSMineSet) on Silver: http://www.jsmineset.com/ Incidentally, the silver chart looks very, very impressive. The weekly continuous charts show it having run to the confluence of the 50 week and the 100 week moving average. Should it be able to close above those levels on Friday of this week, silver could ignite quite easily. This struck me, because he does not often mention silver! It's annoying me that the Au/Ag ratio is not coming down quickly enough! My silver is looking great from a toilet paper POV, but I'd like to buy more gold with it at some point. Patience. Link to comment Share on other sites More sharing options...
moroboshi Posted February 17, 2009 Report Share Posted February 17, 2009 It's annoying me that the Au/Ag ratio is not coming down quickly enough! My silver is looking great from a toilet paper POV, but I'd like to buy more gold with it at some point. Patience. I don't want a diving ratio just yet! Not before I've got some more anyway Based on the historic behaviour of the ratio, it does seem better to go with Ag over Au right now. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted February 18, 2009 Report Share Posted February 18, 2009 There is something special about a silver rocket isn't there chris, Jim doesn't like silver from what I've read ! Link to comment Share on other sites More sharing options...
bitbigt Posted February 18, 2009 Report Share Posted February 18, 2009 last 2 days charts suggest someone in Russia might be buying? Link to comment Share on other sites More sharing options...
dopamine Posted February 18, 2009 Report Share Posted February 18, 2009 Ag now over £10/oz on Goldmoney. Link to comment Share on other sites More sharing options...
6v6 Posted February 18, 2009 Report Share Posted February 18, 2009 Ag now over £10/oz on Goldmoney. Doh - bought some on Monday but the bulk of my funds for silver haven't yet been transferred, anyone see a nice dip in the near future? Link to comment Share on other sites More sharing options...
FWIW Posted February 18, 2009 Report Share Posted February 18, 2009 Doh - bought some on Monday but the bulk of my funds for silver haven't yet been transferred, anyone see a nice dip in the near future? Yeah - Ker said it will go to 6.60....any minute now and it will be there? Ker never did explain his logic to me for that prediction. But I am sure the kitco guys do have a sense of humour though....I and every other silver investor nearly had a heart attack when it dropped to 6.6 for a few seconds! Link to comment Share on other sites More sharing options...
ziknik Posted February 18, 2009 Report Share Posted February 18, 2009 Maybe, but not before next year is my guess (he wants to speculate short term, apparently). I'm hoping for a ratio of 25 before the end of the year. I don't think ratios below 15 will hold for any length of time*. I will be averaging my GM silver in to GM Gold from 50 downwards. * This decade. Silver could be more expensive than gold when the economy recovers if some on the stuff posted in this thread comes true. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 18, 2009 Report Share Posted February 18, 2009 I'm hoping for a ratio of 25 before the end of the year. I don't think ratios below 15 will hold for any length of time*. I will be averaging my GM silver in to GM Gold from 50 downwards. * This decade. Silver could be more expensive than gold when the economy recovers if some on the stuff posted in this thread comes true. That is pretty optimistic! I don't say it is impossible, but my guess would be that it will take a little longer. http://gold.approximity.com/since1968/Gold-Silver-Ratio.html http://gold.approximity.com/gold-silver_watch.html Link to comment Share on other sites More sharing options...
warpig Posted February 18, 2009 Report Share Posted February 18, 2009 Thanks Steve, you reminded me of a song. You got it Yeah, ride the silver rocket Can't stop it Burnin' a hole in your pocket From: There is something special about a silver rocket isn't there chris, Jim doesn't like silver from what I've read ! Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted February 18, 2009 Report Share Posted February 18, 2009 £10/oz broken again Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted February 18, 2009 Report Share Posted February 18, 2009 someone's off-loading a lot of their scrap on ebay http://shop.ebay.co.uk/merchant/39neils?_n...=&_osacat=0 hope it isn't a con though Link to comment Share on other sites More sharing options...
ziknik Posted February 18, 2009 Report Share Posted February 18, 2009 ... hope it isn't a con though That's a great collection. I’ll have to WHAT THIS SPACE Link to comment Share on other sites More sharing options...
lupercal Posted February 18, 2009 Report Share Posted February 18, 2009 That's a great collection. I’ll have to WHAT THIS SPACE Is there a way of trading silver that avoids the VAT and the dealer fees. They are quite expensive. It put me off in December, I'd only be breaking even about now. Is it a case of buying mining stocks? Manufacturer: Heraeus Weight: 1000.00 Gramm Purity: 999 / 1000 Buy Price: £340.54 SELL NETTO PRICE: £388.10 SELL BRUTTO PRICE: £446.32 Brutto Price includes 15% VAT for customers from United Kingdom Link to comment Share on other sites More sharing options...
dopamine Posted February 18, 2009 Report Share Posted February 18, 2009 Is there a way of trading silver that avoids the VAT and the dealer fees. They are quite expensive. Spreadbetting and ETFs. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted February 18, 2009 Report Share Posted February 18, 2009 Is there a way of trading silver that avoids the VAT and the dealer fees. They are quite expensive. It put me off in December, I'd only be breaking even about now. Is it a case of buying mining stocks? not everyone's cup of tea, but little extra over spot example edit - you will take the 'hit' when you sell. c.5% ebay fees & possibly c.5% paypal fees unless you can persuade your buyer of alternatives you may be able to claw back some fees by re-selling coins of numismatic value (i.e. at a greater % over spot) such as reasonably worn george 3 / vict crowns, half-crown bundles etc. Link to comment Share on other sites More sharing options...
Crashman begins Posted February 18, 2009 Report Share Posted February 18, 2009 Maybe, but not before next year is my guess (he wants to speculate short term, apparently). No your right.. its just that this quantitive easing & housing market is making me nervous.. Link to comment Share on other sites More sharing options...
ziknik Posted February 18, 2009 Report Share Posted February 18, 2009 Is there a way of trading silver that avoids the VAT and the dealer fees. They are quite expensive. It put me off in December, I'd only be breaking even about now. Is it a case of buying mining stocks? I agree with Double Agent - Post #447 And 50% silver coins (Pre 1947 UK) go for less than spot price on ebay. The 29kg DA has posted above will probably go quite cheap - Post #443 You can use this free tool to snipe auctions in the last seconds. It’s saved me a packet https://www.myibay.com/download/ 80% of my in-hand holding is pre 1947 coins from ebay Link to comment Share on other sites More sharing options...
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