House prices have fallen 20% in 5 years

LisbonLaura

The-Joker wrote: »

So your now saying its not true that you famously said when you joined "Gold and silver were going to crash 100% guaranteed" ?

Silver was £5 oz then and now it is £20 and looking like it will keep going up at this rate for many years to come?

Is that meant to be a question? - It looks like a statement with added question mark, which may explain why HM has not responded.

chewmylegoff

LisbonLaura wrote: »

Is that meant to be a question? - It looks like a statement with added question mark, which may explain why HM has not responded.

Funny looking fact, no wonder it needed a question mark

http://www.bbc.co.uk/news/business/market_data/commodities/40380/twelve_month.stm

LisbonLaura

chewmylegoff wrote: »

Funny looking fact, no wonder it needed a question mark

http://www.bbc.co.uk/news/business/market_data/commodities/40380/twelve_month.stm

Odd. Did Hamish only join 12 months ago?
Seems a lot longer than that :j

Gracchus_Babeuf

The-Joker wrote: »

So your now saying its not true that you famously said when you joined "Gold and silver were going to crash 100% guaranteed" ?

Silver was £5 oz then and now it is £20 and looking like it will keep going up at this rate for many years to come?

Silver's price hike is probably due to the fact that it's an increasingly rare metal. Infact it's harder to find than gold in our planet. The markets have finally cottoned on to this fact as silver was hugely under-priced for decades - so this is merely an adjustment, but it won't go on endlessly. The reason silver was low priced for so long is that, once the metal stopped being used for coinage, demand fell drastically. Now the supply side is impacting, hence the price rise.