Wanting silver to go down to $1!!!

What a bitch of a way to spend Easter.

 

Peter, Peter, I can see your house from up here.

 

when people cast their silver in the street, there will be $1 silver.

its time to be swimming in liquid state silver

 

A chiropractors delight.

I lifted up a monster box today....and nearly blew a disc.

 

So that which has not been stable for many years, will suddenly become stable at $1?
What goes down, never goes up?

When my favorite commodity is deep discounted I don't say "I don't want it anymore." I say "Give me more."

 

well not 1$ yet but were heading down again this morning , this is better than the stock market and buying shares,

 

I agree. I think we need a break of that 18.21 level to really get some bargains happening.

 

yeah its like pouncing at the right time, theres loads of talk of $12 out there and I have stopped believing the gurus, the world isn't in a good place , but each week we get up to the shtf scenario and all seems calm then silver and gold still decline, as soon as Ukraine is mentioned athen up it goes again , so if we could get back to some normality until the shtf and then buy I mean c,mon 1 oz gold bar 770 is this the real world, no theres a lot of correcting to do yet I rekon weve got at least 12 months of decline as Cameron is up for a general election next june , and he wouldn't want to upset anyone before that

 

Keeps dropping a bit, but waiting until I can get it for $20 with shipping then I'm jumping back in. Paying by CC so it may take a while.

 

But when it goes down to $1 you will have lost 95% !

 

Perhaps my sarcasm wasn't obvious.

Just get tired of people like the OP wishing the price lower so they can buy up but then expecting the price will go back up right after they load up.

 

Love how you put words into my mouth yet completely ignored my OP.

Go and read it again and maybe another time. It's totally ok and it's fine to have missed the entire post and then project your assumptions.

 

Ok then. Why would you want to 'mop up tons of the stuff' unless you thought it would be worth more in the future ?

If it was going to keep going down to 20c would you still be happy to own tons of the stuff ?

As I asked - why would you want to buy up lots of something that had just lost 95% of it's value - unless you expected it to go back up again ?


See I DON'T want it to drop to $1.
Not because I want it to go to the moon but because if it did drop to $1 that would probably mean the world was in some serious shit.

I'd be happiest if it just quietly went up 5% per year.

 

Excellent, you're asking much better questions but there's still a few assumptions. We don't think the same and please stop projecting your views onto me.

1) note that I said "convert into dollar terms" - then you go on to say "worth more/drop in value to $1 or even 20c etc." - that's because you are still converting your stack into dollars which you believe will have future value or is the yard stick for value. Personally I am doubtful that the dollars will retain their value, they've already lost 97% or more of their purchasing power via debasement. Haggling over 3% is nothing.

2) You stated "Go back up?" - I say "what still thinking in dollar terms....?"

3) I do believe that the purchasing power of silver and gold will increase, to me fiat currency is a "how long is a piece of string" affair. Which is why I find it such an opportune time to buy precious metals.

4) If the price is suppressed to go lower then I think it's a gift. Because if you read my OP then people buying physical vs. paper will be the ones having the last laugh. I believe you are on SS because you stack physical silver and understand this fundamental difference between paper vs. physical.

5) I disagree if silver were 20c the world would have to be in serious shit, rubbish. It possible but certainly not certain. The world could function with $50 gold too or 50c copper. It doesn't necessarily mean there will be riots on the street or financial turmoil. Hypothetically speaking. But I find these scenarios very unlikely anyway and think silver is unlikely to break 18.21 USD anyway.


Finally although the thread is fun, there is genuine thought behind it.

 

GSR would adjust, as gold would probably fall as well. If this guy's nightmare vision becomes true, you will be collecting gold at 67-68 $ an ounce :lol:

 

It sounds like you can't afford your 2nd ounce of silver.

 

Yeah that second ounce of silver is elusive alright, it's like big foot or Nirvana, some like to say it exists but no one is sure if it's in the realms of the imagination or if it really exists. Many search parties have been sent out and none have returned. This is "The Mystery of the Second Ounce Of Silver".