Mr Pipples Posted September 2, 2009 Report Share Posted September 2, 2009 Really not too sure how much of a visionary Bob Hoye is, he seems quite blinkered to me. Hoye's been wrong all summer long (and then some) with that call. I decided not to renew my half-price subscription - you don't miss much just by keeping an eye on his stuff released on 321gold and Howestreet really. Still, things feel 'unstable'. Link to comment Share on other sites More sharing options...
TrueNorth Posted September 2, 2009 Report Share Posted September 2, 2009 Hoye's been wrong all summer long (and then some) with that call. I decided not to renew my half-price subscription - you don't miss much just by keeping an eye on his stuff released on 321gold and Howestreet really. Still, things feel 'unstable'. I didn't renew my subscription either. I felt like a lot of the stuff was going over my head, sadly. :doh: But that isn't to say Hoye is wrong, in my opinion. As they say, "You can be right, but you can be right too early." Still, better than being late. I do agree things feel unstable. Link to comment Share on other sites More sharing options...
warpig Posted September 2, 2009 Report Share Posted September 2, 2009 I think this is really in the balance and my views on this change with the wind. Is the silver that was sold in the deleveraging seen last year now in strong hands I wonder... It may or may not happen. I wouldn't bet the house on it, or all my stash, but markets are looking vulnerable. All it would take is something to come out of Europe, then a renewed credit crisis, and then watch out below. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted September 2, 2009 Report Share Posted September 2, 2009 I think this is really in the balance and my views on this change with the wind. Is the silver that was sold in the deleveraging seen last year now in strong hands I wonder... the ride up from the nov lows has seen 2 marked instances of profit taking with $15 & $16 being taken out. Hence, one would assume that there has been a high % turnover between some 'hands' Link to comment Share on other sites More sharing options...
TrueNorth Posted September 2, 2009 Report Share Posted September 2, 2009 the ride up from the nov lows has seen 2 marked instances of profit taking with $15 & $16 being taken out. Hence, one would assume that there has been a high % turnover between some 'hands' Perhaps they took profits and then bought again at lower prices? I know I wish I had! G:S ratio turning up again from yesterday, now 64.58. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted September 2, 2009 Report Share Posted September 2, 2009 Perhaps they took profits and then bought again at lower prices? I know I wish I had! G:S ratio turning up again from yesterday, now 64.58. I'm sure they did - but the lower prices would have been higher lows than before, hence the turnover in a rising market is (hopefully) adding strength throughout Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted September 2, 2009 Report Share Posted September 2, 2009 wehey - silver just had a wee shoot for the sky Link to comment Share on other sites More sharing options...
TrueNorth Posted September 2, 2009 Report Share Posted September 2, 2009 wehey - silver just had a wee shoot for the sky yes, it has! I like it once we get into Porsche models. We've gone through the 911, the 924 and the 928. Now we're onto the 944 and hopefully the really swank ones after that. Link to comment Share on other sites More sharing options...
warpig Posted September 2, 2009 Report Share Posted September 2, 2009 I'll take a 356b any day. yes, it has! I like it once we get into Porsche models. We've gone through the 911, the 924 and the 928. Now we're onto the 944 and hopefully the really swank ones after that. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted September 2, 2009 Report Share Posted September 2, 2009 yes, it has! I like it once we get into Porsche models. We've gone through the 911, the 924 and the 928. Now we're onto the 944 and hopefully the really swank ones after that. very good! I'm not such a big fan of cars but i like watches more Link to comment Share on other sites More sharing options...
bakachu Posted September 3, 2009 Report Share Posted September 3, 2009 Does any one have the 12month high for silver in GBP? Currently at £9.52 per once on GoldMoney... Link to comment Share on other sites More sharing options...
electroweak Posted September 3, 2009 Report Share Posted September 3, 2009 Does any one have the 12month high for silver in GBP? Currently at £9.52 per once on GoldMoney... here's an interactive chart in GBP (open in a new window; it resizes!) http://www.24hgold.com/english/interactive...lecom=valelivre Link to comment Share on other sites More sharing options...
bazmercer Posted September 3, 2009 Report Share Posted September 3, 2009 Does any one have the 12month high for silver in GBP? Currently at £9.52 per once on GoldMoney... £10.19 I think Link to comment Share on other sites More sharing options...
azazel Posted September 3, 2009 Report Share Posted September 3, 2009 I dont know what the current high is but I would place my bet at £12 by the end of the year. Link to comment Share on other sites More sharing options...
grumpy-old-man Posted September 3, 2009 Report Share Posted September 3, 2009 so how come CID are charging £15 (inc vat) per 1oz coin then, if spot is only £9-£10 ? what am I missing ? Link to comment Share on other sites More sharing options...
Bosworth Posted September 3, 2009 Report Share Posted September 3, 2009 so how come CID are charging £15 (inc vat) per 1oz coin then, if spot is only £9-£10 ? what am I missing ? The desire to have something physical in your hand rather than a promise on a piece of paper... Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted September 3, 2009 Report Share Posted September 3, 2009 so how come CID are charging £15 (inc vat) per 1oz coin then, if spot is only £9-£10 ? what am I missing ? gordos cut (vat) + variable premium brits are limited to 100000 so prem. is high / kooks ltd. to 300000 if my memory serves me correct phillies, maples and eagles are not limited unless the mints stop (happened last year with eagles) Link to comment Share on other sites More sharing options...
grumpy-old-man Posted September 3, 2009 Report Share Posted September 3, 2009 The desire to have something physical in your hand rather than a promise on a piece of paper... sorry I am assuming you know my stance. I am a full believer in pm's & only physical. my point was, why not just buy from a local dealer(s) for just straight spot price then ? negating the other charges. Obviously depending on the amount, I mean I have just ordered 10 x 1kg bars & 400 x 1oz coins as my first proper order. I am also buying gold at the same time, but not in the same quantities obviously. Link to comment Share on other sites More sharing options...
grumpy-old-man Posted September 3, 2009 Report Share Posted September 3, 2009 gordos cut (vat) + variable premium brits are limited to 100000 so prem. is high / kooks ltd. to 300000 if my memory serves me correct phillies, maples and eagles are not limited unless the mints stop (happened last year with eagles) h'mmm...... so you would have to be hoping for large increases to be buying at these current prices then. I have already made my choice btw, pm's all the way. I am now putting my money (euros) where my mouth was in 2007/8. for those unfamiliar with my finances I have just sold a property in France, hence I haven't bought much/many pm's in 2007 & 2008, purely down to having no available cash. That was hard, I tell you....... It was to stop Mrs GOM from buying a UK property in 2006 on our return from France (as she wanted to sell the French house then). She is fully onside now, thank fook. fwiw - I am in the total cg dollar collapse, armageddon scenario & have been since 2007 Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted September 3, 2009 Report Share Posted September 3, 2009 h'mmm...... so you would have to be hoping for large increases to be buying at these current prices then. I have already made my choice btw, pm's all the way. I am now putting my money (euros) where my mouth was in 2007/8. for those unfamiliar with my finances I have just sold a property in France, hence I haven't bought much/many pm's in 2007 & 2008, purely down to having no available cash. That was hard, I tell you....... It was to stop Mrs GOM from buying a UK property in 2006 on our return from France (as she wanted to sell the French house then). She is fully onside now, thank fook. fwiw - I am in the total cg dollar collapse, armageddon scenario & have been since 2007 UK ebay sale prices tend to reflect vat and premiums / but you are correct that buying silver is a longer term game unless you think a price explosion is imminent me - i just like the shiny coins i would like to offload some silver if the price spikes in the near term but will definitely be holding some for the longer term (more numismatic coins long term) Link to comment Share on other sites More sharing options...
wren Posted September 3, 2009 Report Share Posted September 3, 2009 h'mmm...... so you would have to be hoping for large increases to be buying at these current prices then. I have already made my choice btw, pm's all the way. I am now putting my money (euros) where my mouth was in 2007/8. At CID they quote their buy and sell prices. Real coins and bars are more expensive than spot as they have to be minted, transported and all the middle-men need to make a profit. Then add VAT. CID's buy price is well over spot as has generally been the case and of course, their sell price yet higher. It's what you have to pay to have a recognisable lump of silver in your personal possession. Link to comment Share on other sites More sharing options...
G0ldfinger Posted September 3, 2009 Report Share Posted September 3, 2009 Earlier this week I bought Sovereigns at CID for a 5.17% premium. Pretty good deal IMHO, especially given that the number was very small. Link to comment Share on other sites More sharing options...
electroweak Posted September 3, 2009 Report Share Posted September 3, 2009 Seems like silver might be headed for an important test? Link to comment Share on other sites More sharing options...
bakachu Posted September 3, 2009 Report Share Posted September 3, 2009 Seems like silver might be headed for an important test? If it breaks it, I say we start a new Silver thread Link to comment Share on other sites More sharing options...
Mr Pipples Posted September 3, 2009 Report Share Posted September 3, 2009 If it breaks it, I say we start a new Silver thread Yes, the poor old (Dec 2008) silver thread doesn't get quite the TLC as the gold thread does it. Link to comment Share on other sites More sharing options...
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