The Best Investment of 2012 to Repeat in 2013?

Discussion in 'Silver' started by Yippe-Ki-Ya, Dec 12, 2012.

  1. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    Dr Alex Cowie
    Editor, Diggers & Drillers
     
  2. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Yee hah! Looks like i'll be continuing to buy then.
     
  3. Ernster

    Ernster New Member

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    Silver again! Woahhh doesnt feel like it though. Been a slowish year compared to 2011 :)

    We are definitely in early when still nobody knows or invests in Silver (in the mainstream)

    Keep stacking boys and girls. Just make sure you have an exit plan.
     
  4. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    outa the country?? :lol:

    why? you worried about confiscation?
     
  5. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Heading off to my private island on a personal jet, if all goes well...
     
  6. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Should have bought Jan 1 and sold at the end of march. Take the rest of the year off.

    On a more serious note though, is there anyone who bought physical last year who has seen the value of their metals purchases increase by 18%. Chuck in this year too if it helps any permabulls with their permutations*. By this I mean are you able to receive 18% more for your goods now than what you paid for them. I would have on a few occasions like when 1oz takus were $31.50, but, like many of us, didnt have the $$ at the ideal times.

    I mean all types of silver, not just coins/numis.
     
  7. Ernster

    Ernster New Member

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    I'm only up about 5% in about 3 years of stacking :/

    Ben Bernanke was right :(
     
  8. Agauholic

    Agauholic New Member

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    planny plane
     
  9. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    how the f..ck did you manage that??

    You must have really bought a large proportion of your stack at $48 /Oz! :lol:
     
  10. willrocks

    willrocks Well-Known Member Silver Stacker

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    I'm only up 43% since 2008.
     
  11. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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  12. Auspm

    Auspm New Member

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    I'm definitely up.

    I have more ounces of silver and gold today than I did at the start of the year.
     
  13. silverstar1

    silverstar1 New Member

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    I am up way more than 18% on probably 90% of Chinese coins I have bought last year! :D
     
  14. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    I'm probably up. Not too sure tbh
     
  15. Pirocco

    Pirocco Well-Known Member

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    Those that bought in 2008 undid inflation since and more.
    Those that paid $25+ prices (includes me with my USD $29), well, they gonna need some more years to start a gain in terms of dollars. In terms of purchasing power it could require a decade.
    Alot seem to forget that hedging against general price increasings (due to new dollars) first requires those higher general prices.
    Because without, there is profit in terms of purchasing power, and people dump silver again to grab it.
    As is proven time after time.
    That's why we should be very reluctant to buy silver whenever heaps money for nothing pump&dumpsters are 'in'.
    The futures market position is now near to 60000 contracts. That's 60000 x 5000 = 300 Moz silver. That's 1/3 of an annual world supply.
    If they really thought todays price was a bottom price, if they really wanted the silver, they would just have bought it directly. Now. They don't.
    My next chunk euro's will be swapped to silver AFTER they dumped their positions.
    As long as I don't see other prices rising in more comparable degrees with silver since 2008, there is time to wait for these position dumps.
     
  16. Pirocco

    Pirocco Well-Known Member

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    The underlying reason for this is that the silver market is more visited by people that want to longterm hedge against the central planners inflation theft.
    But they should be more careful regarding which price to buy.
    Because disappointed people might leave the silver market again. Back to dollars. Defect to gold. Whatever else.
    Some 'pump' silver all the time. $50! $100! $1000!. While they are encouraging others to pay the already higher price, they mass-sit ready to SELL.
    And that's where that volatility origins from. Avoid paying the uptrends of the money for nothing club, and it's gone.
     
  17. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Ha ha ha, I wouldn't get too carried away with PPP's predictions, admittedly these figures are in USD but they make for a sobering picture of the PM market, rather than PPP's usual "cherry-picking of data", which yippe detests. :p

    Silver:
    2010 close USD30.70
    2011 close USD27.86
    currently = USD32.59

    Gold
    2010 close USD1410.25
    2011 close USD1574.50
    currently = USD1697.34

    Guess when I started to invest? Clue: look when I joined SS :lol: (Luckily I was into gold earlier :/ )

    But have a look at the closing prices for both metals in 2008 and 2009:

    Silver:
    2008 close USD11.33
    2009 close USD16.85

    Gold:
    2008 close USD881.10
    2009 close USD1096.50

    18% profit in 1 year is nothing, it's just a figure, it's just one year's stats, plucked out of the air to sell subscriptions. In fact, it's 13% at the moment going on today's price, that's a big difference. And it's a little too late compared to the profits you could have made investing at the close of 2008 or 2009. If you had invested in silver at the close of 2009, and sold today you would have doubled your money, if you'd done it at the end of 2008 you would've tripled your money. But if you'd invested at the end of 2010 you would've only made 6% profit.

    Have a look at gold's % increase:

    2008 - 2009 = 24.4%
    2009 - 2010 = 28.6%
    2010 - 2011 = 11.6%
    2011 - current = 8%

    The hyperbole that is PPP is capable of clotting the brain at times.
     
  18. Au-mageddon

    Au-mageddon Active Member

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    I am glad to say I bought in the dip earlier this year. Definately was a good way to decrease my average cost.

    Not really too worried about actual % increase as spot goes up and down all the time. Still looking for good value buying opportunities whether spot is $27 or $37.
     
  19. Cimexus

    Cimexus Member

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    I'm not up or down - I'm even. :) Came too late to the game and bought too much when silver was in the $40s, unfortunately. So was sitting on large loss this time last year. However, having stocked up a bit at lower prices this year (high $20s, a bit in the low $30s), I've made up that loss. Almost exactly at break-even right now (assuming I can sell with premiums retained, i.e. on SS ... if I had to sell at spot I'd still be down a bit).

    If I had 'discovered' stacking a few years earlier I'd be laughing.
     
  20. Sargeant Argent

    Sargeant Argent New Member

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    wouldve done way better buying SIR at .07 and selling in the 240s and unless u picked the bottom and didnt pay any premium or bought paper youd probably be breaking even or at a loss. However the lower prices and inheriting 13 oz of junk silver from my grandmothers coin stash has brought my cost average down to where Im in the green once again I didnt start stacking until late 2010 so I pretty much started at the worst time possible. Lucky for me its a minimum 5 year investment.
     

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