33 minutes ago, Yellowtail said:

I would not be buying silver or gold either one now.

My observation about not buying was actually made with the original poster in mind.

BTW, in case you're interested, the portfolio rebalancing will commence at the London session today. The current price drift up is of no concern and should provide an opportunity to add another position.

1 hour ago, IsaanT said:

My observation about not buying was actually made with the original poster in mind.

BTW, in case you're interested, the portfolio rebalancing will commence at the London session today. The current price drift up is of no concern and should provide an opportunity to add another position.

I bought physical gold and silver as a hedge against equities and currencies over ten years ago and do not buy or sell it.

Looking at futures, I expect silver will drop 15-20% and gold 5-10% in the next few months.

Long term, I think silver outpaces gold, but if I knew anything, I'd have married at twenty and retired at thirty.

Bowins.

https://bowinsgroup.com/home

Current delay for 1kg bar delivery is about 4 weeks. Prepaid. You need to pay 7% VAT and around 800 baht per bar for delivery depending on where you are in Thailand. They have some smaller bars with cheaper delivery costs in stock. You'll need to add them on Line to order. Price changes quickly throughout the day, so if you place an order and aren't ready to transfer immediately they may cancel your order.

The only other place I would trust for silver is Bangkok Assay. (https://www.bkkassay.co.th/) But their website is horrible. Your best bet is to physically visit them.

On 1/8/2026 at 7:35 AM, IsaanT said:

My observation about not buying was actually made with the original poster in mind.

BTW, in case you're interested, the portfolio rebalancing will commence at the London session today. The current price drift up is of no concern and should provide an opportunity to add another position.

While they still have the beginning of next week to complete the rebalancing, the fears of a massive drop in the price of silver appear to be significantly exaggerated. It dropped to $75 only to immediately bounce back and hold near $80.

3 hours ago, uncletiger said:

While they still have the beginning of next week to complete the rebalancing, the fears of a massive drop in the price of silver appear to be significantly exaggerated. It dropped to $75 only to immediately bounce back and hold near $80.

These type of drops (or corrections) typically occur in three moves: down, back up, but not as high, then down again. We've had the first two stages (down, back up) and I'm expecting a fast drop to start almost immediately on Monday. I'm expecting it might get down to around $65.

So right about THB81,500/$2,592 for a kg bar delivered.

I doubt paying a 7% premium to buy at 5% off the all-time high makes a lot of sense, but it might.

Don't forget you have to store it.

I just bought gold. Not much, just 1 dollar. I figure any time i guy at the top it will crash.

Couldn't resist. It did drop, so I bought 2 more bucks.

1 hour ago, Celsius said:

Couldn't resist. It did drop, so I bought 2 more bucks.

Bucks or baht?

Just now, Yellowtail said:

Bucks or baht?

Canadian dollars baby.... fractional paper.

I am just looking for an entry point. The fee is 1% regardless if I buy 1 or $10,000, so just playing around waiting for entry point.

Gold just hit another all-time high, and silver rose another 2-3%. Crazy

4 minutes ago, Yellowtail said:

Gold just hit another all-time high, and silver rose another 2-3%. Crazy

Maybe because of another Trump threat to Jerome

10 minutes ago, Celsius said:

Maybe because of another Trump threat to Jerome

dude has it bad.

In any event, interest rates going up make golds less attractive.

On 1/11/2026 at 12:58 AM, IsaanT said:

These type of drops (or corrections) typically occur in three moves: down, back up, but not as high, then down again. We've had the first two stages (down, back up) and I'm expecting a fast drop to start almost immediately on Monday. I'm expecting it might get down to around $65.

Prediction not looking good, at this stage

Silver Price & PGMs

Jan 11, 2026 11:50 PM NY Time

Kitco Morning Fix

Silver83.41+3.57

On 1/11/2026 at 12:58 AM, IsaanT said:

We've had the first two stages (down, back up) and I'm expecting a fast drop to start almost immediately on Monday. I'm expecting it might get down to around $65.

Don't give up the day job, as I only can hope it isn't as a financial adviser.

On 1/11/2026 at 12:58 AM, IsaanT said:

These type of drops (or corrections) typically occur in three moves: down, back up, but not as high, then down again. We've had the first two stages (down, back up) and I'm expecting a fast drop to start almost immediately on Monday. I'm expecting it might get down to around $65.

So far, the price has been run up to $85, which implies a setup for a drop may be coming, but I give it a nearly zero percent chance if will be down to $65. You're probably looking at a retracement back down to $75 to complete your pattern before exploding upwards again.

7 hours ago, Celsius said:

Maybe because of another Trump threat to Jerome

It's certainly consistent. We all know hyperinflation is the only way the US sovereign debt crisis can be resolved. And Trump's recent move to end credit by government decree (i.e. fixing credit card rates at 10%) perfectly mirrors FDR's confiscation of gold in preparation for a massive repricing of monetary assets.

I expect in the near future COMEX will also be destroyed via delivery defaults and crippling raises in the margin requirements, and with the futures markets shut down, it will leave very few with the ability to take advantage of the commodity repricing once it becomes obvious.

Let's see, but I think the smart money is to be prepared for a very tumultuous time in 2026. If we're lucky, they'll keep the commodity price explosion mostly contained within monetary metals and crypto currency and stop it from leaking into the larger economy. I wouldn't be at all surprised to see price controls and government intervention in manufacturing and food processing to make this happen.

All this to say if you have the cash to take delivery of physical metals right now, do it. I think paper derivatives won't survive the coming storm. You'll be paid out in pre hyperinflated dollars.

Silver is too big and heavy to physically hold any significant value.

US$100K in gold can be carried in a shirt pocket.

US$100K in silver weighs 40kg

If you're putting silver in a safe-deposit box, get a big one at waist level.

5 hours ago, dinga said:

Prediction not looking good, at this stage

Silver Price & PGMs

Jan 11, 2026 11:50 PM NY Time

Kitco Morning Fix

Silver83.41+3.57

I closed my initial short on Friday for a profit. I'm out, waiting for a new trade opportunity.

45 minutes ago, uncletiger said:

So far, the price has been run up to $85, which implies a setup for a drop may be coming, but I give it a nearly zero percent chance if will be down to $65. You're probably looking at a retracement back down to $75 to complete your pattern before exploding upwards again.

Indeed, an initial target for a drop would be $75 (if it fell through that the next support would be $70).

5 hours ago, CallumWK said:

Don't give up the day job, as I only can hope it isn't as a financial adviser.

As stated above, I closed last week's short for a good profit on Friday. Currently waiting for next opportunity.

Silver was the star performer on the markets last year, up over 175%. The next proper correction is likely to be relatively big, hence my interest. A similar thing could be said about the the main stock indicies and their sustained rise over the last few years.

1 hour ago, IsaanT said:

As stated above, I closed last week's short for a good profit on Friday. Currently waiting for next opportunity.

If you had a short on silver you must have lost money when the price of silver goes up, and why close a short if you expect it to drop in price, because that is the purpose of a short.

1 hour ago, CallumWK said:

If you had a short on silver you must have lost money when the price of silver goes up, and why close a short if you expect it to drop in price, because that is the purpose of a short.

Hmmm.

I trade mostly on technical indicators.

Because of:

a) the fact that I got in at the very top (the 88.6% retracement),
b) the strength of the move down (while it lasted), and
c) my confidence in the indications when placing the trade, allowing me to create a good position size (which I also added to as key support levels were passed)

... I had a 44% gain on my entire trading pot at one point but closed at 37% gain because the market turned, confirmed by the technical indicators, so the trade was closed.

Do I expect the market to go down again? Yes. When? When the technical indicators tell me it's passed a key level.

The rise is ballistic (Silver is up another 6.83% today as I write this); this is not sustainable. It's like throwing a ball up in the air - the higher you throw it, the further it has to come down.

A little information is a dangerous thing. If you want more information about how I trade, you'll have to pay me. 😉

Man get away from here. That was one of the crapppiest trades in the universe and you make it sound like a winner 😄 🤣 😂

P.S. Charts don't lie

19 minutes ago, Celsius said:

Man get away from here. That was one of the crapppiest trades in the universe and you make it sound like a winner 😄 🤣 😂

P.S. Charts don't lie

In my universe, banking thousands of pounds on a single trade is classed as a win. My charts (and account balance) don't lie.

17 minutes ago, IsaanT said:

In my universe, banking thousands of pounds on a single trade is classed as a win. My charts (and account balance) don't lie.

Absolutely hilarious. 💯

Thanks @CallumWK and @Celsius - I hadn't traded today but your interest made me look at the markets and I saw some quick opportunities because Silver had started trending nicely. If you know where to look when a market is trending well, the market tells you where it is going next so it would be rude not to...

I currently have a promising trade on the S&P500 but that hasn't closed so isn't included in this list.



So, the numbers are:

7 trades
-£79.80 (because nobody's perfect 😄)
+209.20
=======
£129.40

And all in a couple of hours before bed.

I hope you also had a pleasant evening.

1 minute ago, IsaanT said:

Thanks @CallumWK and @Celsius - I hadn't traded today but your interest made me look at the markets and I saw some quick opportunities because Silver had started trending nicely. If you know where to look when a market is trending well, the market tells you where it is going next so it would be rude not to...

I currently have a promising trade on the S&P500 but that hasn't closed so isn't included in this list.



So, the numbers are:

7 trades
-£79.80 (because nobody's perfect 😄)
+209.20
=======
£129.40

I hope you also had a pleasant evening.

Thought in your previous post, you were talking about THOUSANDS of pounds, but that actually show enough profit for a big mac meal.

3 minutes ago, CallumWK said:

Thought in your previous post, you were talking about THOUSANDS of pounds, but that actually show enough profit for a big mac meal.

You boys appear to get confused easily.

Tonight was just some quick fun trades. I appreciate that anyone can say anything they like here because almost everyone is anonymous so I thought I'd take the opportunity of confirming my credibility.

It's worth remembering, Callum, that this is a public forum so it isn't just you and me having a cosy tête-à-tête. Many others might read your comments and draw similar conclusions to me.

We'll call this topic closed now.

10 minutes ago, IsaanT said:

Tonight was just some quick fun trades. I appreciate that anyone can say anything they like here because almost everyone is anonymous so I thought I'd take the opportunity of confirming my credibility.

Why not show us the real trades where you banked thousands of pounds, because so far you haven't proved anything