Hello, my name is Silver.

[swissie]

Hello, my name is Silver, my bigger brothers name is Gold. Once again, everybody is talking about my big brother Gold these days.

I feel so neglected, nobody talks about me. It saddens me, as I have more to offer than my big brother. Not only do I serve as a "safe harbour" as well, you can not build any computers, smart phones or solar panels without me. Look at the figures. I am getting scarcer and scarcer.

Surely, all technical "market indicators" see my big brother and myself in "ouverbought" territory currently. We have to "correct" downward a bit, to accomodate "market wisom".

After that, you should softly take me by the hand, us dancing toghter into the next decade.

 Not considering divorce, until I cost 45$ per ounce.

[ELLHNAS]

and your point is??

[cjinchiangrai]

15 minutes ago, ELLHNAS said:

and your point is??

Scam baiting

[brianthainess]

Silver is out of control, And his brother Scout is more stable.

.

[Lacessit]

I have made some good coin on silver. Bought in at AUD 35 per ounce, sold at AUD 40 per ounce.

 

Three weeks after I sold, it hit AUD 48 per ounce.

 

Dammit.

[chiang mai]

Hi ho Silver.

[maesariang]

People been spruiking silver since 1980 after that big run in the 70s. Not for me. The future is tech stocks.

[Ralf001]

someone been hitting the bong a bit hard !

[Pouatchee]

12 hours ago, swissie said:

 Not considering divorce, until I cost 45$ per ounce.

 

hmmm try finding silver here at 45$ an ounce or equivalent in thai bht... if you know where I will gladly go buy some... 

[swissie]

On 9/2/2024 at 6:16 AM, Pouatchee said:

 

hmmm try finding silver here at 45$ an ounce or equivalent in thai bht... if you know where I will gladly go buy some... 

COMEX Silver today at 28 US$ /Oz. Thailand is "Gold country". Thais do not see Silver as a potential investment.

[Pouatchee]

2 minutes ago, swissie said:

COMEX Silver today at 28 US$ /Oz. Thailand is "Gold country". Thais do not see Silver as a potential investment.

 

let me rephrase... where can you actually walk in and buy silver here in thailand for that price?

[maesariang]

1 minute ago, Pouatchee said:

 

let me rephrase... where can you actually walk in and buy silver here in thailand for that price?

Silver shops everywhere near KSR plus in CM near silver temple.

[maesariang]

Ive started to follow the silver price. Graph looks bearish.

[swissie]

9 minutes ago, Pouatchee said:

 

let me rephrase... where can you actually walk in and buy silver here in thailand for that price?

Some select "Gold shops" may have it, but mostly in form of Silver Jewellery.

[swissie]

23 minutes ago, maesariang said:

Ive started to follow the silver price. Graph looks bearish.

As I mentioned in my OP, Gold and Silver "digesting" the recent Bull Run. A downward correction taking place as I write. Especially for Gold, the longer term "uptrend" is intact.

But lo and behold: Silver (as also an industrial metal) will correct more than Gold, if a worldwide economic downturn should materialise.

Also, even under "normal" circumstances, if Gold moves 1%, Silver easily moves 3%.  Nothing for the "faint hearted".

[Pouatchee]

32 minutes ago, maesariang said:

Silver shops everywhere near KSR plus in CM near silver temple.

 

unfortunately i am nowhere near cm... am in rayong

 

25 minutes ago, swissie said:

Some select "Gold shops" may have it, but mostly in form of Silver Jewellery.

 

and yes... it is jewelry... i want it in ounce bar form...

[swissie]

33 minutes ago, Pouatchee said:

 

unfortunately i am nowhere near cm... am in rayong

 

 

and yes... it is jewelry... i want it in ounce bar form...

Made a phone call on your behalf to my stepdaughter (she working in a BKK Bank).

Her reply: International Banks in BKK (UBS for example) will "order" Silver Bars from "somewhere", if the customers pays in advance. As this would represent a "special order", the Ask/Bid price will be far removed from COMEX prices. Much to your disadvantage. (By buying as well as selling).

This can't be the way to go!

Instead: There are a number of ETF's (Exchange Traded Funds), backed by physical Silver and traded actively. Buying and selling only a few clicks away. In your case, living in Thailand, this would be the way to go.

[Pouatchee]

2 minutes ago, swissie said:

This can't be the way to go!

 

and that is why i never bought any   ; (

 

go type 'silver ounce' in aliexpress... check out what comes up... if it looks to be true...

[swissie]

2 hours ago, Pouatchee said:

 

and that is why i never bought any   ; (

 

go type 'silver ounce' in aliexpress... check out what comes up... if it looks to be true...

Only internationally accepted pricing originates from COMEX (New York)  or LME (London metals exchange). All other "pricing" of those metals are of no consequence whatsoever.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[KhunHeineken]

On 9/2/2024 at 3:27 AM, Lacessit said:

I have made some good coin on silver. Bought in at AUD 35 per ounce, sold at AUD 40 per ounce.

 

Three weeks after I sold, it hit AUD 48 per ounce.

 

Dammit.

Are there any Australian tax or pension reduction implications for trading like this? 

[maesariang]

https://silverprice.org

 

Info here.