paulthepunk Posted March 17, 2011 Share Posted March 17, 2011 Sell up now, the iii crowd are coming!!!! http://www.iii.co.uk/articles/14772/silver-set-outshine-gold Regards, Paul. Quote Link to comment Share on other sites More sharing options...
Old Nis Posted March 17, 2011 Share Posted March 17, 2011 Interesting, but "Suki Cooper, metals analyst at Barclays Capital, warns that investors should be careful: "Silver's overall market balance remains in surplus, however retail investor appetite in the market remains very strong, driving the price higher. Should the retail interest start to slow, prices are likely to be subject to a sharp correction given its weak fundamentals."" This is the third time I have seen a Barclays-employed individual bad-mouthing silver, saying it's about to fall. Almost everything she says is either rubbish or slanted; even her remark about "retail investor appetite driving the market higher" is not the whole story by a long way. I am unimpressed by her weak grasp of the subject. I can't be bothered to point out all the weaknesses in her comments; I just hope she has been misquoted. On all three occasions, the silver price carried on it's merry rise. Quote Link to comment Share on other sites More sharing options...
Constable Posted March 21, 2011 Share Posted March 21, 2011 This is the third time I have seen a Barclays-employed individual bad-mouthing silver, saying it's about to fall. Almost everything she says is either rubbish or slanted; even her remark about "retail investor appetite driving the market higher" is not the whole story by a long way. I am unimpressed by her weak grasp of the subject. I can't be bothered to point out all the weaknesses in her comments; I just hope she has been misquoted. On all three occasions, the silver price carried on it's merry rise. Retail investment in silver is tiny in relation to other "assets". She talks with an assumed optimism (like all these people) that the worst of the financial crisis is over and that currencies are not going to fail. Of course, we know different. Quote Link to comment Share on other sites More sharing options...
Russe11 Posted March 21, 2011 Share Posted March 21, 2011 But surely the investor does not control the price, demand might push prices up, but it can soon be brought back down. Why do people with long positions on gold have short posistions on silver, when the metal prices are increasing? Is being short on silver some sort of hedge if the market drops as silver will drop faster if the gold price starts to fall? Can the price of silver continue to increase if the gold market drops? Quote Link to comment Share on other sites More sharing options...
Old Nis Posted March 21, 2011 Share Posted March 21, 2011 But surely the investor does not control the price, demand might push prices up, but it can soon be brought back down. Why do people with long positions on gold have short posistions on silver, when the metal prices are increasing? Is being short on silver some sort of hedge if the market drops as silver will drop faster if the gold price starts to fall? Can the price of silver continue to increase if the gold market drops? Demand is not linear but the fundamentals of silver are so strong that any suppression will not last long. I do not know why anyone would have opposing positions on gold and silver unless there was a short-term trading position being taken, in this market. Gold won't fall except in the very short term. Anyone taking short positions in metals at this time should be doing so through Goldmoney or similar accounts, Physical positions should be held in very strong hands for the foreseeable future. I see no good reason to hedge production at the moment. We are in a serious long-term bull market. Silver, in particular, even looks as if the rate of increase is increasing. Quote Link to comment Share on other sites More sharing options...
pepactonius Posted March 22, 2011 Share Posted March 22, 2011 Silver, in particular, even looks as if the rate of increase is increasing. Starting to go parabolic? Quote Link to comment Share on other sites More sharing options...
Old Nis Posted March 22, 2011 Share Posted March 22, 2011 (edited) http://www.cooksongold.com/mp/history_chart.jsp?metal=AG&period=3&chart=3&x=10&y=2 Maybe... look at the curve. Edited March 22, 2011 by Old Nis Quote Link to comment Share on other sites More sharing options...
pepactonius Posted March 23, 2011 Share Posted March 23, 2011 http://www.cooksongold.com/mp/history_chart.jsp?metal=AG&period=3&chart=3&x=10&y=2 Maybe... look at the curve. Perhaps it's exponential? Maybe the dollar is losing 10% of its value (for example) each month, or half its value every several months? Quote Link to comment Share on other sites More sharing options...
Old Nis Posted March 23, 2011 Share Posted March 23, 2011 Perhaps it's exponential? Maybe the dollar is losing 10% of its value (for example) each month, or half its value every several months? I wouldn't be surprised. The US$ is a very weak currency and getting weaker. I haven't checked in detail or looked at any graphs, but the exchange rate is slipping in favour of the pound versus the US$.now that Brown has had his fat little hands prised off the national tiller. And remember, that's Sterling, itself a currency as soft as dog-poo; I might get some Renminbi. Oh wait, I've got some gold, so I don't need any fiat notes, no matter how good they are... Quote Link to comment Share on other sites More sharing options...
ken_ichikawa Posted March 23, 2011 Share Posted March 23, 2011 I wouldn't be surprised. The US$ is a very weak currency and getting weaker. I haven't checked in detail or looked at any graphs, but the exchange rate is slipping in favour of the pound versus the US$.now that Brown has had his fat little hands prised off the national tiller. And remember, that's Sterling, itself a currency as soft as dog-poo; I might get some Renminbi. Oh wait, I've got some gold, so I don't need any fiat notes, no matter how good they are... RMB are proxy US$ due to the pegging, so are HK$, Yen, Roubles, all sorts of currencies! Quote Link to comment Share on other sites More sharing options...
Lagarde's Drift Posted March 24, 2011 Share Posted March 24, 2011 (edited) I only check on my PM holdings every now and then... and am still amazed every time. Silver at $37!! Gosh I was waiting for the summer to top up the PMs, may have to do it earlier. Edit: 1kg bars at nearly £1k !!!! Arrgh has fiat really fallen that much, or is there hysteria developing in the silver market? Edited March 24, 2011 by Cash with Nowhere to Go Quote Link to comment Share on other sites More sharing options...
Ruffneck Posted March 26, 2011 Share Posted March 26, 2011 Beware chinese fake silver , along with all the other junk they make of course. Quote Link to comment Share on other sites More sharing options...
Number79 Posted March 28, 2011 Share Posted March 28, 2011 Beware chinese fake silver , along with all the other junk they make of course. thats nothing, check this sh1t out http://www.dhgate.com/wholesale/pcgs.html that is why I dont buy slabbed coins, anything with a panda on it or morgans Quote Link to comment Share on other sites More sharing options...
The Golden Child Posted March 28, 2011 Share Posted March 28, 2011 I only check on my PM holdings every now and then... and am still amazed every time. Silver at $37!! Gosh I was waiting for the summer to top up the PMs, may have to do it earlier. Edit: 1kg bars at nearly £1k !!!! Arrgh has fiat really fallen that much, or is there hysteria developing in the silver market? Yep... two years ago you could buy them for 350 - 400 and that would include 5+ ounces for free Incase you have been paying attention the silver market is on the brink of implosion I hear Quote Link to comment Share on other sites More sharing options...
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