$20 Silver Again, Strap in, we're going on a little flight

Discussion in 'Silver' started by miniroo, Jun 19, 2014.

  1. Pirocco

    Pirocco Well-Known Member

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    Those that invert your suggestions?
     
  2. miniroo

    miniroo Well-Known Member Silver Stacker

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    I wasn't suggesting to buy now because it was the best time to buy.
    I was suggesting to buy now if your about to buy that day, it went up another 70c so if anyone clicked submit when I said,
    they saved money.

    your on another thing, take away the fact I didn't say it was the BEST time to buy, you got nothing.
     
  3. Pirocco

    Pirocco Well-Known Member

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    What matters, for a stacker, is not whether or not a price is driven up a further 70c, but what the price later on will stabilize to.
    Usually, those that are responsible for fast price uptrends, sell it abit later on even faster.
    Byebye your further 70c
    Byebye the rest of the price uptrend.
    It's a week ago that price was $18-19. The price hung around $19-20 for many months. Those that let their finger hovering over your 'confirm bullion order' button, should have bought then, instead of after that club rushed back in. They didn't. Well, what do I say? I say to wait for $19-20 to return. Till after that club dumped again, instead of paying their free ride and receive less silver as 'reward'. That's what the market situation indicates. The size of the silver stocks, the general prices, the risk as the futures hedgers see, and so on.
    I rather preferred seeing your post at $19, when (possible jested) negativity pointed to $15 $10 etc by christmas easter and uncle joe's birthday.
    That's all obvious, no?
     
  4. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    I didn't go into silent mode. I have been consistently participating in this forum with more amicable members. Though it fits well with your character, you alone do not constitute the core of this forum.
    I stopped wasting my time responding to your threads when I realised you are probably one of the thieves you profess to despise.
    If people were to do the opposite of your anonymous internet recommendations, they would have made big money..... Front-running? Your incessant declaration of such a deep and meaningful understanding of COMEX would suggest so.
    Are your long-winded and confusing data posts a purposefully disorientating disguise for your motives?
    Your price targets are shit.
    Your analysis is shit.
    Your losses (as shown by your targets above) have been very, very shit.
    Your stubborn accusations of others' motives are obviously over-repetitive and awkwardly overstated.
    And your excuses are lame.

    While you were calling a buy at $32-33:
    I was signalling where the next low would most likely be:
     
  5. Icon

    Icon Member

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    I have 3 orders out now,, may make it 4. Not sure it's going back down for a while.
     
  6. Pirocco

    Pirocco Well-Known Member

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    That same 'longwinded' 'analysis' of you encouraged people to buy in the upper $40's in 2011. There a rosy-green long uptrend pointing to heaven. No channels broken people! Buy! Then they hammered their 'confirm bullion sale' buttons. :D

    https://www.kitcomm.com/search.php?...rteronly=1&exactname=1&searchuser=theplantguy
    Page 4 is that period.
    $38 https://www.kitcomm.com/showthread.php?t=79452 04 april 2011 "Great way to start the week......don't you think?"
    $39 https://www.kitcomm.com/showthread.php?t=79517 05 april 2011 "39 ...One more step up the ladder"
    $40 https://www.kitcomm.com/showthread.php?t=79723 07 april 2011 "Thursday..............Yet another up day"
    $41 https://www.kitcomm.com/showthread.php?t=80243 13 april 2011 "Hump Day...........Up Day"
    $42 https://www.kitcomm.com/showthread.php?t=80318 14 april 2011 "Killer Thursday............Movin' on up"
    $43 https://www.kitcomm.com/showthread.php?t=80419 15 april 2011 "A Fabulous Friday............Great Finish For The Week"
    $44 https://www.kitcomm.com/showthread.php?t=80679 19 april 2011 "Monday.........Up Up and Away"
    $45.5 https://www.kitcomm.com/showthread.php?t=80932 20 april 2011 "A Whale of a Wednesday............45+"
    $46.50 https://www.kitcomm.com/showthread.php?t=81069 21 april 2011 "A Thundering Thursday...............Look at that puppy go!!"
    $49.50 25 april 2011 PEAK 1 - FIRST PROFITGRAB
    $45 https://www.kitcomm.com/showthread.php?t=81462 25 april 2011 "Monday Mayhem.............Y'all survive? Monday Mayhem............Y'all survive? What a day. Actually, not all that bad. The long term trend is still up. Just a minor bump. A "little" more volatility than usual."
    $46 https://www.kitcomm.com/showthread.php?t=81576 26 april 2011 "A downturn of 2 days or 2 weeks is not significant in the over all scope of things"
    $49.50 28 april 2011 PEAK 2
    $48 https://www.kitcomm.com/showthread.php?t=81937 29 april 2011 "Silver..........Something to consider"
    $44 1 may 2011 SECOND PROFITGRAB
    $33 https://www.kitcomm.com/showthread.php?t=81423 6 may 2011 "Silver...If you are never going to sell, what benefit is it to you?"

    That person was considered by alot other users there as a 'professional technical analysis trader'.
    I told you this some month ago, after I pasted aboves chronology (another time haha) and after you said he was an 'unknown internet-nobody'. Yet, as I said then too: reputation is what other users think, no?

    This isn't 2011 anymore.
    I bought there at $32 occasions.
    Based on quantitative easing figures.
    Which turnt out to be not spending just creation with only an intrest rate part of the total that gets into circulation.
    This I all said enough times. On this forum and on another.
    I also learnt about the money for nothing gang.
    To observe their position, instead of their talk.

    I searched and found silver and other markets data.
    I use that to determine better price targets than the poor/rude (monetary base) one in 2011.
    I encouraged people there to buy at $32 instead of waiting and do it at $40.
    I now encourage people to buy at $19-20 instead of waiting and do it at $21 (as of now).
    I change my target prices on changing market data. In 2011, $32 was better than $40. In 2014, $19 is better than $21.
    If people are willing to sell at $20, then I take that into account just like I would take into account if they'd refuse to sell below $2000.
    I try to measure the change of the silver stocks throught the years even throughout the decades, as to find out how many years price risings due to general inflation can be compensated for by existing stock sales.
    I pass what I learnt, and the data I found, and the sources to it, to others, in order to help them avoiding paying your money for nothin' ride.
    You don't like this because your 'making money' requires others bad decisions > losses. That's all. No moral stories involved.

    http://forums.silverstackers.com/to...st-22-have-been-the-top-of-this-lil-bump.html
    That $22 was the top, just like the Comex position trend, and the forum posivity posts, indicated.
    As I also said enough times: it's not a single major directive. It's just ONE means. But other elements, at that time, showed changes that were minor.
    Over the period 2009-2010 the stockpiling of Exchange Traded Funds drove up the silver price.
    They were the main price driver then. The major element of that time.
    The Comex position was ALSO big, but it didn't move up with the price over that term. It hung around 40000-50000 all the time.
    It inflicted all those silver ETF(and similar funds like Sprott/Ishares) shareholders a higher cost. There was no correlation price trend - Comex position.
    In may 2011 a strong correlation started. Simply because the former major element (the ETF's) stalled their buying and thus ceased to drive the price.
    They just hung on their stocks since. I also said that several times, last one being this topic: http://forums.silverstackers.com/topic-53769-the-sitting-slv-ducks.html
    I consider that an important element, because if no scam story (silver wouldnt exist) like some claim, that's a big silver stockpile, that SURELY will be sold, just like any stockpile.
    Nothing is lost in boating accidents.
    This last part is not to you wrcmad. Because you all know, only that you rather prefer it others to not know, and instead follow your "Technical Analysis" patterns. :D
     
  7. Pirocco

    Pirocco Well-Known Member

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    I hope most of those were from before this price bump.

    Because on 12/06 $19.2>$19.5 you talked about deep dip of spot prices.
    And 16/06 $19.5
    Look back here: you were comparing prices at dealers, those prices differed in order 10 cents.
    Well, spot is now 10 times that much higher.
    See how those premium differences weight 10% of the spot price weight?

    And 02/06 $18.7
    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.

    Don't know if it's the case here, but just shows, waiting at lower to then buy at higher, that is what some like you to do. "Making money".
    Interesting topic from back then:
    http://forums.silverstackers.com/message-679163.html#p679163
    Was another case I bought (those Morgan/Peace dollars).
    Also a whole box of SBSS and other such rounds, proof, boxed, bu, etc.
    So in case, think again, and those that have the guts to buy in the middle of negativity/pessimism, jested and not jested, save themselves this question, because they 'shot their ammo' and even if wanted, can't buy at higher driven prices. In meantime, I can again buy some, but I see reasons to wait. :p
     
  8. VANGBAC

    VANGBAC Well-Known Member Silver Stacker

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    I completely fail to understand this preoccupation with prices ,charts and all the chit chat on price. 10 cents here or there is nothing. If it drops a few cents buy, if it goes up a few cents and You think it will rise a few more cents tomorrow buy. If a few cents either way is such a big deal I would get out of the game altogether.
     
  9. Pirocco

    Pirocco Well-Known Member

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    The more expensive dealer inflicted 10 cent more relative to the cheaper.
    Icon was hunting bargains.
    The latest spot price increase, inflicts 100 cent more.
    The conclusion is that the spot price change matters 10 times as much as the hunt for the cheapest dealer.
    One should take more into account, than just a single parameter, a focus, when making decisions.
    Just imagine, that you drive to Zulumbackorque to buy the ounces 10 cents cheaper.
    On the road back, on the radio they say that the silver price dropped a dollar. :D
    That is not really hard to understand, ehehehehe ???!!!
     
  10. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    I did no such thing.
    Now your lies are shit too.

    Making money from physical is not a zero-sum-game either.
    Buying physical does not make you ideologically or moralistically superior - it is but a mere commodity.
    All BS, and excuses still lame.
     
  11. lshallperish

    lshallperish New Member

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    I just have to remind everyone on why we buy silver.. things are getting heated around here..

    Who gives a fuck if someone bought it at 18.88 or 25.. in long term (30+ years) we'll be fighting about buying at 80 bucks an ounce as low.. "omg guys quick buy it, it's 80 dollars an ounce"
     
  12. Pirocco

    Pirocco Well-Known Member

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    It wasn't about you.
    You aren't the center of the universe.
    It was about that 'analysis' of you.
    Now your discussion is 'shit' too.
    Your discussion is equally 'shit' here.
    'Physical', paper, butterflies and hannibal smith is irrelevant.
    Trying to make people pay more, by misleading / frontrunning them, that is 'moralistic', and 'ideological' (your words), crap (my word).
    Trying to get other peoples something, for your crap nothing.
    You forgot what trading is, and what money serves for.
    Government and State and their parasiting clubs, are no different.
    The same ones stackers try to hedge against.
     
  13. Pirocco

    Pirocco Well-Known Member

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    This is a normal summer day!
    Flowers, bees and sunshine!
    Price differences now, matter as much as price differences then.
    Because over your long term (30+years), and if so, it won't be silvers price alone that will be driven up.
    In terms of purchasing power, a % now will matter as much as a % then.

    Aside of this, people tend to learn from errors. Errors that cost them, stick. So even from that perspective, don't expect them to be easily repeat them.
    And know what? That's good! :D
    I look at the silver market, ... well, the stackers on it, that try to preserve the purchasing power they once produced, as people trying the same as me. Just like I don't want myself to make wrong decisions, I don't want them to make them either. Because I want a more stable price trend. We buy silver in a monetary role. Stability is a key element in trust.
    Some others, the wrcmads in the world, look at the silver (and other) market(s) as a bunch cows to milk.
    Some are even happy reading that a central bank lowers intrest rate and bank depositors again lose more purchasing power.
    They hurry hurry hurry rush back in, as attempt to frontrun those that lose, as to make them lose anyway.
    Media names that 'markets react positively on central banks announcement...'.
    I, don't.
     
  14. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Oh, I'm sorry.
    When you distinctly said "you", I thought you meant "me". :lol:

    That's not what I said. ;)
    Same old blah, blah.... over and over.
     
  15. The Crow

    The Crow Member Silver Stacker

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    I would really wonder if this is particularly so. People, particularly collectively, really do seem to be capable of doing the same strange things over and over, but find ways of distinguishing fine points showing how they are different. Individually, I think we are capable of learning, but that requires discipline.
     

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