Price of Silver

cloud_dog

RDB wrote: »

I dont understand what your talking about converting grams to Toz then coming out in a different price.

The future is grams and kilos. I sell 250 gram and 500 gram bars, it doesnt matter what it is in old Toz`s.

But, surely you appreciate that PMs are priced in oz, and therefore by doing the caluclation and using the current spot price you can see if the offer is value for money (etc).

sabretoothtigger

I was just working out the physical premium over something like slv.
I like those dinky 1 gram bars and the shot looked like an easy way to buy, where abouts are you based in the country

RDB

In London, you can come and pick it up yourself and bring your silver testing kit.

Or you can mail order most of my customers order small amounts regularly.

RDB

cloud_dog wrote: »

But, surely you appreciate that PMs are priced in oz, and therefore by doing the caluclation and using the current spot price you can see if the offer is value for money (etc).

In USA they havent yet got the metric system true. As to your statement that PMs are priced in oz well thats just not true. You havent realised that we live in Europe and PMs here are priced in grams and kilos.

jon3001

RDB wrote: »

In USA they havent yet got the metric system true. As to your statement that PMs are priced in oz well thats just not true. You havent realised that we live in Europe and PMs here are priced in grams and kilos.

The following quote in troy ounces:

London Bullion Market Association
London Platinum and Paladium Market

cloud_dog

RDB wrote: »

You havent realised that we live in Europe and PMs here are priced in grams and kilos.

In the same way that you walk in to your local pub and order a 0.568261 litre of beer please. :rotfl:

SilverStandard

jon3001 wrote: »

The following quote in troy ounces:

London Bullion Market Association
London Platinum and Paladium Market

The following quote in grams and Kilos:-

google silver bullion UK

sabretoothtigger

This is the guy who made me look into silver back in May, tipping it as a long.
unfortunately I thought about it a bit too long as the market is confusing like that

Hi Traders, Here’s a quick video on Silver which I wanted to share with you. Something that I find interesting with silver is the fact that traders often associate silver with gold and expect the prices to move in sync. The fact is, the price of gold is much more stable than silver and is considered a safe-haven investment whereas the price of silver is much more volatile. What drives the price of silver can be very different from what drives the price of gold. I hope you enjoy the video and let me know what you think of it by leaving a comment below.

http://!!!!!!/16DYeF

RDB

Saber, you have to think long term with silver.

The price explosion will happen suddenly when everyone least expects it.

Anytime now someone could take a large position is silver like the hunt brothers did in 1980.

It will be too late to try and quickly buy up a lot yourself, do it now.

tradetime

Anytime now someone could take a large position is silver like the hunt brothers did in 1980.

Actually the Hunt brothers didn't simply "take a large position" in 1980, they spent much of the '70's buying large positions in an attempt to corner the market, which culminated in the Silver Thursday collapse by which point they held about 30% of the worlds silver. But hey, why let the facts stand in the way of a good story