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DiggerUK

Probably The Best Silver Thread Ever

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If Digger Mansions made beer, it would probably be Carlsberg.

Keeping that in mind, I thought it was time this precious metal forum had a proper silver thread. Remember to talk nicely to each other.

Carlsberg don't do silver threads, but if they did, this is probably what it would look like..._

https://gold-forum.kitco.com/showthread.php?87173-Silver-is-not-a-store-of-wealth

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Hopefully most posters will follow the example of the vast majority on the Kitco thread and stay on topic, and more importantly, behave themselves.

Talk nice amongst yourselves, and not to much bevvy..._

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So, should we buy it ?

Keep in mind this was pre gold crash September 2011.

You reads the thread, you makes your choice, you pays your money..._

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The deflated won't be very vocal when they see the calculations based on the monthly average price of silver (pos). http://www.lbma.org.uk/pricing-and-statistics (Click table...silver...start at 2011...alter daily prices to monthly)

Starting in September 2011, when silver reached £26.47 per Troy ounce, and based on one ounce purchased each month since at the monthly average for pos, then you end up with a stack that has cost an average £14.53 an ounce, (+20% VAT in UK) At time of writing pos is £10.78..._

Edited by DiggerUK

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Silver is very important and we should be posting more about it.

Problem is Errol, nobody likes to talk about silver in a civilised manner. I'm starting to wonder if anybody even has a purposeful word on the subject.

It appears that silver is only ever mentioned on the main forum gold thread, as an attempt to trash and wreck it. A number of regulars, who thrash about one forum after another, should post something studious and interesting on silver. Maybe if they showed themselves to be responsible we could have a silver thread on the main board.

Asheron was boring and repetitive, but at least he published something of interest occasionally, like this piece from Kitco..._

http://www.kitco.com/news/2016-07-01/How-Much-Longer-Could-This-Silver-Rally-Last-Analysts.html

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The ratio that reports how many ounces of silver can be purchased with one ounce of gold is getting the commentariat mouthing off again.

I wonder if a ratio of how many Primark underpants can be bought for one pair of Calvin Kleins, could give an insight in to future market movements..._

http://www.cnbc.com/2016/07/11/the-relationship-between-gold-and-silver-has-changed-dramatically.html

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I'm thinking about buying some silver on the next dip as a hedge against further sterling collapse. Gold is within ten percent of an all time high in GBP.

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Well Will, seems not many have come to the blindingly obvious conclusion that silver is no use for anything except posh table cutlery.  I would still recommend that stainless steel is much smarter on the dining table..._

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