Silver is stagnent.

please give reasons for this? i am a novice but have been advised to get into silver. thanks

ffs MT

you can't even pick an odds on shot and now you're a commodities expert !


seriously though

why do you waste your life posting such drivel . you need to grow up sunshine

Dude, seriously.

Are you sure you have the patience to be investing on the stock/commodities market?

All you have to do is wait to feb and you will have made loads, until then keep calm.

It might decline to $20/21 within the next few weeks, it might not. However once full details of QE2 come in then its going to kick on again. Definite hold for me, and I will top up if it hits $20/21.

WATCH AND LEARN

Silver can only go one way long term

I wish it was possible to buy physical silver, I've seen videos on youtube, americans can buy and get it delivered free, here they put 17.5% VAT on it, its ridiculous, makes you realise what a controlled society we are.

Pierre I wish this thread was taking place a year ago when I started buying from a company called 'Sarnia Silver' who specialised in one ounce rounds from the Channel Islands and were therefore VAT free. They've had rounds and coins as low as £14 in the last year but sadly their niche has been taken away with the rising silver costs and they are now one of the most expensive.

I can suggest 1-2 places you can buy for £20 an ounce or under though if you want.

Well I know bullionvault, and did look into buying it physically a year ago :( but all sites i found included VAT but yeah if you know of places where can buy it VAT free I'd be interested.

I bought mine from a trader in Jersey which was vat free, he even covered the postage, I will see if he is still selling if he is ill post the details up on here.

I think you're thinking of Sarnia Silver or CI Silver MT.

They can't sell it cheaply enough to be VAT free now but i've just discovered Weighton Coins

http://www.weightoncoin.co.uk/coins/index.php?main_page=index&cPath=7_28&sort=20a&page=3

Can get the Olympic Maple or 2011 Maple for under £20 a coin inclusive of VAT. The American Eagle has gone up slightly to £20.39. The Philharmonics which they had loads of have gone :(

They have a 25 pack of Olympic Maples for £495 which is a good deal atm!


Sarnia have some ten ounce bars for slightly more per ounce

http://www.sarniasilver.com/id39.html


My plan is to buy as much silver as possible until the new VAT rules come in then switch to VAT free gold.

I'm amazed how well the silver price has held up given the recent dollar rally.  Silver is about to breach the $25 mark and even gold is back up to around $1,360 an ounce.  Doesn't show much faith in the dollar.

Are we going to see any significant falls (i.e. buying opportunities) in either commodity or is it onwards and upwards from here? 

Oil has hardly moved in comparison, which makes me think oil futures might be a better bet at this point in time.

There was a fall Live, yesterday gold was 1320 and silver 23.50, it moves fast.

How much to buy 1kg bar now from them?

Pierre: Yes there was a fall, but nothing like the kind of fall I was expecting given the recent gains.

http://inflation.us/

Go to this site on Monday and watch their newest documentary release. They've been spot on with everything they've said so far about the dollar and commodities. They believe the dollar is dead and they have been asking their subscribers to send in signs that an economic collapse is coming.

I think gold and silver are excellent purchases right now.

bang on the money again

MT , .. i'm watching but i aint learning much pal [smiley:crazy]

[:p]

.

What do you need to know clouded

hi money tree , did you offload the medallion old bean ?

No intend to clear my physical holding of silver before price imploads

You?

i see

could've sworn you said time to offload on the 20 oct somehwhere



tell me something , and be honest if possible. do you actually put on the bets you put up on here and if you do , how much more would you be worth if you didn't gamble ? you obviously have a few quid.

be honest . i'm interested

Ok well as it's a new forum why not make it clean slate

Many of the bets I put up I did opposite of not all and not as many as I wished after the results.

Monmome is a fave horse of mine so that was a hood day

Sole power I tried to back but stupidly used the daq and did not get matched at the 400-1 askedfor
On here it was matched at 500 so unhappy day.

I'm no expert but have a lucky streak when picking horses mo skill involved but I'm sure everyone knows I lack that.

The breeders cup was a good might as I did opposite of that thread. When it comes to football I am the worlds worst punter but just can't help myself and bet on it still

The gambling paid for my honeymoon and since then I play for fun and small stakes I can pick out decent priced winners so no need to go heavy and now married have better things to focus the funds on.

Why I like being the forum clown and failed gambler is one answer I don't have and it would take a dr to tell you that.

There a nice clean start. Hope your winning

i thought you were going to be honest there for a minute mate 

i can't have it that you did the opposite of those trades for one minute i'm afraid


you're a bit of a conundrum

we all like attention some time or other but maybe this forum isn't the place ?


you seem to be in denial

as long as your happy though i suppose

its perfectly clear. when money tree's tips win he bets them, when they lose he lays them. simples

The opposite of what trades?

You aske dfor honesty I was honest, got £2 matched on sole power to place but nothing matched in the win part.

Mon mome i was on at 240-1

and I had been given the stoute horse conduit and layed the fave in breeders cup based on price only in such a hot race.

Many of them I neither backed or layed.

the 50-1 shot the other night in the evening racing I got a few quid on.

Any way what you beleive is of no concern to me, you are entitled to your own opinion and I respect that.

One of the finest days was last year when I layed two Ian williams winners


there are a few on here that know me and know the score. Any way hope you are all winning.

Money tree, I take it you were short on silver before the recent surge? No wonder it f*cking took off, this guy could jinx anything.

silver absolutely trashed in the last few hours

although that last move up was very suspect anyway

what moves were there clouded?

huge manipulation in this market at the moment from what i read/hear

broke higher very quickly with gaps from around 2600/2650 yesterday to a high of 2930 around 6pm today

lots of metal selling and $ buyers out again tonight

fell to 2650 again by 8.30 pm !

gold pummelled aswell from 1424 to 1390 ish

i am tempted to sell mine as its from 2002 prices but think maybe it may have one more rally left in it.

It's not manipulation - money tree obviously started buying at $29.30, thats what caused the crash.

no as posted bought mine in 2002.

another nosey question MT

don't have to answer obviously

what was your profession ? do you still work ?

lol yes I still work, my job is retail performance reviews for a big supermarket.

Staff performance and store performance, it was three years work but we have build a detailed database which will be put in place next year as an efficincy drive.

you?

i sit here for 20 days of the month and trade live sport generally but i'm also in and out of financials (currencies mainly)

I have high admiration for people with the determination and will power to be on here full time, cant be an easy job I know I would fail at it.
I would like to quit work but am not able to but I have put in place some things that I hope will mean for either an early retirment or a very comfortable one at 65. For now its a killer and really stretches our budget but by looking long term I can stay focused on the overall goal.

I have never bought shares before but think its an avenue worth exploring and as with gambling ill only use money that I can afford to lose so if it does go wrong its not the end of the world.
do you buy currencies or play them on the spreads?

yep . use a couple of platforms to spreadbet them.

look for potential technical breakouts for short term positions generally. occasional medium term views

i'm outta here now MT . been sitting here since midday

have a good one

good luck today clouded.

I came very close to selling my silver ETF today (for a 100% profit). Some think it is due to fall back now having breached $29.

Have to say I decided to hang on to it. It could well indeed drop short-term but I still think it has further to go up while there is uncertainty over paper currencies and a possible currency war. Same goes for gold.

My main problem is knowing what to buy if I do sell it. Don't want to be buying equitites just now and no point being in cash with interest rates as they are.

buy land!! but seriously, in the long term i really dont think there is any way to hold onto all yr wealth. the best u can hope for is to limit the losses. the era of economic growth seems to be over, for certain in the UK and probably for the world as a whole (although certain parts will keep growing for a while like china and india). whatever u do they will find a way to take yr wealth off you

Land will go down the plug hole along with all UK property...always does in a slump.

Also, its not very transportable, unlike gold/silver, if you decide to make a new life elsewhere.

i see they've stopped the index linked saving certificates now that rpi is going skyward. funny that. thanks government

If they still offered those NS & I index linked bonds they would be a no brainer - you would be getting 5% risk free and nobody is going to offer you that these days.

All these bank ads really wind me up talking about great savings rates. Surely the Advertising Standards people should be forcing them to state: 'we will offer you a rate where the value of your money will decrease by x% percent per year in real terms, based on RPI'.

Savers are being royally shafted right now, with the proceeds basically going towards helping the banks to claw back all their losses and continue to pay their staff bonuses based on their profits. Unfortunately, the likes of RBS have so much exposure to Irish debt that they still cannot turn a profit. Expect they will stay pay the bonuses though....