2014 The time to buy

Discussion in 'Silver' started by Badlye, Jan 1, 2014.

  1. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

    Joined:
    Oct 31, 2011
    Messages:
    7,079
    Likes Received:
    892
    Trophy Points:
    113
    Location:
    bosis
    I only pick on you when you do or say something stupid.

    So yes, I do pick on you all of the time.
     
  2. Golden ChipMunk

    Golden ChipMunk Well-Known Member

    Joined:
    Dec 12, 2012
    Messages:
    7,902
    Likes Received:
    1,323
    Trophy Points:
    113
    Location:
    Perth, Jupiter, Venus, Mars

    :lol: :lol:

    You've admitted :cool:
    Well doesn't bothering me so much. :p

    Well we have much serious issue here atm
    And yours is the last for now.

    We do have a Mole here and we are going to get this mole out from SS.
    Member or Lurker got to go. Gonna weed it out.
     
  3. scone

    scone Active Member Silver Stacker

    Joined:
    Mar 15, 2012
    Messages:
    1,569
    Likes Received:
    23
    Trophy Points:
    38
    Location:
    Tassie
    couldn't have said it better :lol:
     
  4. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    The buyers and the sellers.
    Who will outnumber who in 2014?
    Hello people I'm a buyer.
    I need a seller at a lower price than today.
    Anyone wants to sell me ASE's/Phils/etc(no maples though) or kilo Lunar 2014s at 15/oz?
    The price may be driven down to 12 so just think about all the extra shinies (and whatever!) you'll be able to buy back! :D
     
  5. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    The former without the latter.

    This place has some of them. :)
     
  6. Lurkalot

    Lurkalot New Member

    Joined:
    Sep 11, 2010
    Messages:
    151
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    UK
    "Silver performs well when the economy is not"..........well, that may be so in theory. I think you'll find things don't always work out that way in practice!
     
  7. mmissinglink

    mmissinglink Active Member

    Joined:
    Sep 30, 2012
    Messages:
    6,009
    Likes Received:
    10
    Trophy Points:
    38
    Location:
    Everywhere...simultaneously
    2014 may or may not be a great year to stock up on pm's.

    The right time to buy pm's may be different for everyone. Ideally, you want to buy a lot of what you like at the lowest possible dip in the consolidation period but it's not always so easy for many people to do that for a variety of reasons including that you may miss that dip expecting that the not-too-distant future will bring an even lower spot price.

    My advice:
    1) Educate yourself, 2) don't be fooled by the loudmouth permabulls who all day scream crap like "silver to da moon" nonsense, and 3) try to maximize your purchases whenever possible by taking advantage of free shipping offers, sales, and tax-free purchasing....if possible and if advantageous. If you buy locally from a dealer, more than likely you will be paying a tax on your purchase so this may not be the best way to buy.


    .
     
  8. Badlye

    Badlye New Member

    Joined:
    Jan 1, 2014
    Messages:
    41
    Likes Received:
    0
    Trophy Points:
    0
    I don't think Australia has a pm tax yet, but bloody hell we get taxed so hard anyway
     
  9. Old Codger

    Old Codger Active Member Silver Stacker

    Joined:
    May 13, 2011
    Messages:
    4,782
    Likes Received:
    5
    Trophy Points:
    38
    G & S are cheap at the moment, and if anyone is prepping for SHTF Day, then EVERY day is bargain sale day.

    If silver goes to $10 I will double purchases, if it goes to $40 I will halve them.

    JMO


    OC
     
  10. the optimist

    the optimist New Member

    Joined:
    Dec 14, 2013
    Messages:
    142
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Liverpool, England
    That doesn't make any sense, an asset is always owned by someone.

    So if someone is selling, someone else must be buying !
     
  11. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    The "Peak oil" event/stage that some people refer to, could be compared with the stage in Ayn Rands Atlas Shrugged where producing people, one after another, cease to put effort in what they did, bringing the organisation of parasites that we know as 'government and State', to their end.
     
  12. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    That's only true after the price determination process.
    In order to find buyers, one has to lower his price.
    In order to find seller, one has to offer more.
    And that's what was behind my question. The price.
     
  13. dccpa

    dccpa Active Member

    Joined:
    Aug 29, 2010
    Messages:
    3,079
    Likes Received:
    8
    Trophy Points:
    38
    Location:
    USA
    You joined when silver was in the middle of its rocket trip to $50. The return trip to earth has not been as pleasant.
     
  14. Badlye

    Badlye New Member

    Joined:
    Jan 1, 2014
    Messages:
    41
    Likes Received:
    0
    Trophy Points:
    0
    What do you think drives price? You obviously don't know how a market place works. If everyone wants to sell and not many people want to buy then obviously the buyer will take the lowest price and vice versa. When a transaction occurs then yes of course there must be a seller and a buyer. But guess what, being a buyer doesn't mean you've bought anything, it means you simply have an order to buy.
     
  15. Badlye

    Badlye New Member

    Joined:
    Jan 1, 2014
    Messages:
    41
    Likes Received:
    0
    Trophy Points:
    0
    More orders to buy and less to sell drives the price up

    More orders to sell and less to buy will drive the price down
     
  16. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Wow.
    Nice to see you have come full-circle Pirocco. ;)
    It had to happen eventually. :)
     
  17. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    'Have come', suggests a change.
    'It had to happen', suggests a change.
    You, didn't mention what changed.
    That's less impressive than 'Wow'.
     

Share This Page