Silver bullion price, What is going on

citykid5

Housebear51 wrote: »

Trouble is its a different market to real silver bullion.

There are 2 markets the paper and the real.

Supply of paper is plentiful. Demand is going down.

Supply of real silver is scarce. Demand is a lot.

i;m under the impresion that they hold the gold in your name in your chosen vault???and it is audited daily?

snowqueen555

from my research, i wouldnt buy paper/certificates. you are often allocated silver/gold that isn't physically available, and isn't in a vault somewhere with your name on it

a lot of large places have been criticised for selling silver/gold that hasnt been dug up yet

RDB

citykid5 wrote: »

i;m under the impresion that they hold the gold in your name in your chosen vault???and it is audited daily?

Maybe they do have the metal they say they do, maybe they don`t. Morgan Stanley promised the same things that bullion vault promise today but it was found out they just could not get the physical metal.

You have to weigh up the risk to reward factor. I personally think if you dont hold it you dont own it.

650yrs Silver chart. We have a long way to go up back to its historical average.

http://goldinfo.net/silver600.html

24hgold.com are still showing that spike yesterday. I have never seen anything like it, and I have been following silver in depth for decades.

http://www.24hgold.com/english/interactive_chart.aspx?cmp1=GOLD&cmp2=SILVER&title=GOLD+/+SILVER

If they are still standing by their charts then the gold silver ratio went to 100:1.

This vid shows the take down and the bounce back up-
http://www.youtube.com/watch?v=39ZA58Q5ueU&playnext_from=TL&videos=xEAnAqvodYs

I wouldnt mind trading my gold for silver if I can get 100 times more silver.

How could it happen so fast where only a few on the inside can make fast trades and fortunes in profit. Those of us outside the loop get to see it after the manipulation. This cant go on. The regulators the CFTC are there to make sure this doesnt happen. When are they going to stat doing their job.

They say this new reform bill will stop the manipulation. This is the CFTC guy saying that from now on the manipulation will be over and we will have a free market again.

http://www.youtube.com/watch?v=_S0rE0MYlBU

If what he is saying is the truth then this could have been the last big dip for silver. It should go back up to the long term average price, its got a long way to up. Either that or the CFTC should get kicked out.

RDB

They have changed the charts. Could it be that these big drops are happening and they try to hide it, but this one was visible for a short time?

purch

They have changed the charts. Could it be that these big drops are happening and they try to hide it, but this one was visible for a short time?

Christ, you people are stupid.

It's a data glitch.

Happens all the time on Futures markets.

Why can you just not accept that the easiest answer is usually the right answer.

It would be better to find out how these markets work, before jumping to the most far fetched and ludicrous assumptions.

Llubrevlis

Why is it showing again?

What is the reason ? Is it another fat fingered error?

http://www.24hgold.com/english/interactive_chart.aspx?cmp1=GOLD&cmp2=SILVER&title=GOLD+/+SILVER

sabretoothtigger

It can be an omen sometimes. Barclays jumped up 20p one time, in the months after it doubled.

Bad prints or wild pricing for a few moments does show on graphs sometimes, what really matters is how many bought and sold at that price and usually its not more then a few so with a trading volume of possibly millions that price didnt really exist

Volatility is set to increase so get used to it is what Ive heard http://www.youtube.com/watch?v=_wpHFBAJbXg

snowqueen555

that fluctuation does not appear when you click on the 5 day graph, but appears on the one month one year graph

i think its an error of some sort as this same fluctuation doesnt appear on other graphs on other websites

tha date is the 23rd july

Llubrevlis

The 5 day chart is flat not showing anything.


It has been the same whenever these huge movements in silver have shown before. If its right the silver to gold ratio is showing 100:1 !!!!!!!

Sabre tooth are you suggesting that something like this could actually happen?

C_Mababejive

Housebear51 wrote: »

I try and buy 2nd hand in the private market because there is no vat.

Hi,,just a quick question..if you buy second hand silver,how can its authenticity be proven/vouched for/proven??

Are you buying coins,bars or hallmarked jewellery??