#FTSE #Nasdaq Like many children, being blessed with a father who’d a terrible sense of humour left some long term effects. Once such, from a personal standpoint, involved the price of silver and a father perfectly capable of enlisting slave labour to maximise on (this childs) greed. On a Saturday evening, the family would gather for dinner, then around 9.30pm our parents would head out to lock up the two retail off-licences at 10pm, returning home with the days takings. No-one liked counting the money and as a child, the novelty wore off pretty quickly.
But my dad invented a cunning plan, telling me all the silver coinage dating before 1947 could be kept as “payment”, his story being UK coinage after 1947 didn’t have any silver in it. This part of his ploy was actually true but the reality was the coins were not worth any more than post 1947 coins. But with the agreement I could keep all UK silver coins which dated before 1947, I would happily look forward to my parents each returning with the days takings, even making sure the dining room table was cleared to make the job more efficient. While my parents settled down with a whisky, I’d settle down sorting the money out first, various denominations of notes going into separate piles (and English notes set aside to be checked for forgeries). Generally, there would only be 15 to 20 pounds of coinage but with sufficient glimmers of silver to keep my greed alive.
Once my count from each shop was complete and reported to Mum, I was free to go through the silver coins (back then, there were sixpences!) and check the dates. Some weeks there was even more than a £1 which I could keep, this number also reported to my mother. While my older brother and sister regarded me as a gullible fool, eventually a trip to a coin dealer ensured I left with £62 after handing over £55. Nowadays, I realise there were probably a couple of properly valuable coins in the mix, justifying his apparent largesse but my seven pound profit certainly gave bragging rights, unaware I’d effectively paid for my one hour lesson in counting cash every Saturday night, along with ensuring the dining table was cleared. Back then, off-licences could not open on Sundays in Scotland, hence the need to get cash “off site” and into a floor safe in the concrete floored kitchen. Mum would do the bank run on Monday mornings. Amusingly, the once intimidating bank in the centre of Glasgow now trades as a cat friendly restaurant, things being quite different since the 1970’s…
It was only recently I discovered coins from 1920 until 1947 only had a maximum of 20% silver content, making it not economically viable to extract the metal. But with this, as with many other of my fathers throwaway comments, it took a prolonged journey into adulthood to separate his humour from actual facts. Oddly, his joke about British Leyland turned out to be true, refusing to take any motor franchise (Rover, Triumph, Austin, Morris, MG etc) associated with British Leyland into the family dealerships as he described the company as trying to destroy the British car industry. It transpired this was true.
Leaving the land of reminiscence behind, the price of Silver has attracted a few emails, asking our opinion on the current renaissance in Silver’s price and whether it shall continue.
Our method to handle this sort of thing is to trying and divine the maximum price a share or commodity may reach, in accordance with our software. Obviously, figures such as this should not (but sometimes do) create a maximum ceiling for a price. We’ve certainly noticed, once a share price closes above one of our “maximum” levels, it’s game over from our perspective as any idea of a future high would be absolute fiction from us. While this inability to project numbers never seems to bother the UK Met Office, notorious for making up readings with their “Highest Temperature/Most Rain/Strongest Wind” ever recorded nonsense. This data is usually aligned with the Met Offices massive range of theoretical weather stations which don’t actually exist, creating a domino effect of incorrect data reinforcing itself.
As for the price of Silver, the immediate situation suggests movement above 41.48 should next attempt an initial 41.9 dollars. Our secondary, if this target is exceeded, calculates at a future $42.30 and this represents a really important number. Commodity price closure above such a point should be the point at which an assumption should be made something genuine is happening for the longer term. From our perspective, this suggests taking out a long position, crossing your fingers, buying some sort of good luck token, and forgetting about it for a while.
There’s certainly a chance the price may relax to around $39 once such a game changing event occurs but the reality is important. The price will have just illustrated it can go above a logical “top”, this being a really big deal for the longer term. The price of Silver would need CLOSE below $38 to utterly spoil our optimism but for now, things look fairly hopeful.
Then again, so did Ferrari before last weekends Grand Prix, Belgium once again exerting its chaotic magic on the sport by producing a mostly enjoyable race.
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FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:28:39PM | BRENT | 6730.3 | |||||||||
| 10:31:40PM | GOLD | 3559.23 | ‘cess | ||||||||
| 10:35:40PM | FTSE | 9179.5 | 9100 | 9068 | 8972 | 9157 | 9185 | 9196 | 9227 | 9150 | |
| 10:37:50PM | STOX50 | 5330.3 | |||||||||
| 10:40:29PM | GERMANY | 23605.7 | |||||||||
| 10:47:07PM | US500 | 6450 | |||||||||
| 10:49:07PM | DOW | 45211.7 | |||||||||
| 11:27:58PM | NASDAQ | 23410.8 | 23261 | 23207 | 23114 | 23432 | 23486 | 23610 | 23820 | 23286 | ‘cess |
| 11:30:47PM | JAPAN | 42095 | ‘cess |
3/09/2025 FTSE Closed at 9177 points. Change of 0.67%. Total value traded through LSE was: £ 5,747,395,783 a change of -1.83%
2/09/2025 FTSE Closed at 9116 points. Change of -0.87%. Total value traded through LSE was: £ 5,854,446,717 a change of 77.93%
1/09/2025 FTSE Closed at 9196 points. Change of 0.1%. Total value traded through LSE was: £ 3,290,341,623 a change of -43.81%
29/08/2025 FTSE Closed at 9187 points. Change of -0.31%. Total value traded through LSE was: £ 5,855,483,777 a change of 30.98%
28/08/2025 FTSE Closed at 9216 points. Change of -0.42%. Total value traded through LSE was: £ 4,470,443,849 a change of -4.77%
27/08/2025 FTSE Closed at 9255 points. Change of -0.11%. Total value traded through LSE was: £ 4,694,536,884 a change of -52.24%
26/08/2025 FTSE Closed at 9265 points. Change of -100%. Total value traded through LSE was: £ 9,830,321,527 a change of 0% 
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:AZN Astrazeneca** **LSE:CAR Carclo** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:MKS Marks and Spencer** **
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Updated charts published on : Astrazeneca, Carclo, Fresnillo, Genel, Marks and Spencer,
LSE:AZN Astrazeneca. Close Mid-Price: 12210 Percentage Change: + 2.57% Day High: 12220 Day Low: 11946
Target met. In the event of Astrazeneca enjoying further trades beyond 12 ……..
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View Previous Astrazeneca & Big Picture ***
LSE:CAR Carclo. Close Mid-Price: 58.6 Percentage Change: + 9.12% Day High: 58 Day Low: 54
Continued trades against CAR with a mid-price ABOVE 58 should improve the ……..
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View Previous Carclo & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 2074 Percentage Change: + 8.08% Day High: 2072 Day Low: 1927
Target met. Continued trades against FRES with a mid-price ABOVE 2072 sho ……..
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View Previous Fresnillo & Big Picture ***
LSE:GENL Genel. Close Mid-Price: 67 Percentage Change: + 0.00% Day High: 71.3 Day Low: 65.6
Target met. Continued trades against GENL with a mid-price ABOVE 71.3 sho ……..
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View Previous Genel & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 335.8 Percentage Change: + 1.54% Day High: 336.2 Day Low: 322.3
In the event Marks and Spencer experiences weakness below 322.3 it calcul ……..
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View Previous Marks and Spencer & Big Picture ***