Participate in Share Chat. Set up virtual watchlists and portfolios See more trades and share info.
Register for FREE Now
Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here
Quoth
Posted in: FRES
Posts: 661
Over £4 range in SP today. Brutal.
Why do they keep on banging about new highs when they quite clearly know that $50 in 1980 is day and night to $50 today. Adjusted for inflation we're way off the 1980, 1981 and 2011 highs.
Sub 50 now. 🤔
So much for silver holding - sudden spike down
The gold price is on a bit of a tear and has pretty much undone the carnage of Friday. Silver is half heartedly following - if we get silver to tear back up and a half decent production report I'd hope to see some decent SP action.
Starting to look that way
Was a strong shake down to 2262 and slowly climbing up now. Fingers crossed we end in the green.
What's the consensus for Monday? Further battering or recovery?
Back down to Monday's open
Indeed...it's murder on the dancefloor out there. 😱
It's a Friday...I'd like to be proven wrong but don't expect anyone to come streaming in with massive buys. Week on week Fres is up circa 8% Vs 9% for spot silver
Silver has got a charge on and set a new high - currently at USD53.73 - 54 is tantalisingly close!
Adjusting for inflation isn't the 1980s high something like USD200?
It was a peculiar day for sure - multiple attacks on silver yet this finishes on the green. 🤔
Looks like the silver hammer is being swung around again!
That is nuts...when I woke up and checked it was 52.7!
Spot silver through USD52
Crazy price movement today and still the week to play out.
2,500 gone 😱
Me too. Had been sat underwater for a long time and don't want to make my usual mistake of selling too early! That said, fully expecting the silver hammer to be wielded at open!
Create a free LSE account to:
Already have an account? Sign In
Don't have an account? Register for FREE