Bought 10,000 ounces of silver after the recent 70+/- Cent drop at about $15.70! What is the worlds thoughts on these metals? Are you happy or sad with todays swing? It's a double edged sword. For those who have acquired what they feel is "enough" you must be happy. If you are like me and want much much much much much more it can be a little bitter sweet! Still is somewhat satisfying seeing a nice bump! Keep Stacking- Anthony @ Goldenislescoin!
Yes he is and so am I... I was about to make a large purchase tonight but spot going above $21 puts an end to my crazy buying lately.... im like a passive aggressive poker player on this market
As an American I'm guessing you would have needed to use urban dictionary for the term "goon bag" to come to that conclusion?
Exactly what I did man hahahahahahahah! came to the conclusion it is cheap wine in a box? And over 21$ I assume that is Aussie Bills?
To me the thread is a nonsense. Yes it is good to buy on a dip, but the reality is silver trades in bands. There has only been a sub $1 variance for the past few months, so any purchase represents an asset rise. If the small difference in spot upsets you, then you are an investor, and silver is the wrong vehicle for you.
If champagne pops on a market it's a temp temp sight. In a zero sum market happiness is a prelude to sadness. If markets stockpiles are big then the prelude is over and the bottles empty.
Hey old timer, I'm guessing he probably recently started stacking like me, and us newbies like to build our stacks at low prices and not see them go up yet.
Hey old timer, I'm guessing he probably recently started stacking like me, and us newbies like to build our stacks at low prices and not see them go up yet. [/quote] I am in stockpile mode and i want to stay that way for a few months the dollar went over 80c USD to $82 and silver goes up aswell.... Wtf cant help but feel the game is rigged....
Of course it's rigged. A zero sum market is always rigged. One has to lose to make the other win. Bad decisions need to be triggered. That's what the riggin' is about. So young fella, be patient. The best time to buy is when least others buy. The best time to sell is when most others buy. Most of the price fluctuations since later in 2011 were due to paper silver (futures market contracts). They never (well, 99% or so) actually let the silver deliver so eventually it comes your way instead. IF you have THEN the means to buy it.
When you have 100k ounces of silver and it goes up $2 it excites you. I make 75 cents an ounce to see silver go from 15.50 to 17.61 makes me happy because I just trippled my profit margin per ounce on that select 10k ounces I bought. I can see where my mentality differs from others.
