And there we go under $21 again! The second price dollar is being dumped away again! Anyone bought after the money for nothing club rushed in? I didn't!
That's true, those aren't the subject of my question too, it's about buying quantities / big money. Since this rush back in started I accumulated again some euro's, good enuf for 4 kg conform spot $19.5 So, I'm waiting now for that temp buy>dump club to dump another price dollar. So that they're back where they came from. I'll see what happens!
Every reason serves to rush in, and out! I try to target the moments they're out! I have to average down from $30 so I'll have to do my best!
I bought a shitload at Aussie $23.70. It's now $23.05, so I'll buy another shitload. If there is a breakout, I'll have a shitload of silver; if there is a smackdown, I'll have a shitload of silver. This is what stackers do, stack! Pirocco, I liken you to a virgin, saving it up for that special occasion, somewhere in the future you may get that special woman you've been hoping for; me, I'm just a root rat.
A higher price makes your shitload smaller. Stackers stack more, not less. But if this is what makes you feel' good, no problem, I'm sure there are plenty people very happy to sell to you!
I am not so poor that a few cents makes a difference. When the stackerhood meets on Wednesdays and once a month on Sundays, we eat, drink and are merry. If the anticipation of making some extra cents was the sole purpose of getting together, then there would be no community. Furthermore, I can't remember the last time I didn't buy at an opportune price. The window to opportunities is a finite time, it will not be open forever.
A few extra cents? t $22 you get for $5000 227 coins. At $19.5 you get 256 coins. That's 13% more coins. At current rates, that's like a decade intrest on a bank account. If you waste your purchasing power, you'll eat, drink and be merry less. But as said, if you went in silver to make some others happy, that's the way to go! Happy community floating on charity!
"At $22 you get for $5000 227 coins. At $19.5 you get 256 coins." Were you born stupid or are you just making a career out of it? Show me $19.50! That is history. We are in the here and now. At $23 you only get ... Your argument is a nonsense.
The argument is a little lopsided as one is talking in $US and the other in $AU to each their own as I say. However you can never compare equally when you have dollar variations as well So far I have seen Pirocca been pretty close to a lot of calls.
The $50 of end april 2011 was also a 'here and now' at that time. Good luck finding some1 willing to pay that now!
It doesn't even matter in which $ is talked, since I compared amounts coins received for a given amount $, and such comparison is independent of the used currency. And in the end, what am I doing here: I watch what other people do. If silver stocks at an ETF drop, then that means that shareholders sold shares. If the futures market total net position drops, then that means that they cancelled contracts, very likely because they see the risk of more selling > price drops as smaller so less need to hedge against. If my stack drops, then that means I sold some silver. I don't know all stocks around since it's just a part that is published, but it's a part big enough to serve as a reference better than the wet thumb and gut feeling some use, alot of the times actually because they sit on the edge of their chair to sell and need some suckers willing to receive less silver. Well, I was such a willing sucker in the past, I tried to do better since, and that worked in a degree worth speaking 'bout.
First it was thatguy, now it is thisguy. About gooses, dunno, I do know about the Great Marianas Turkey Shoot, and it makes me think abit about the $22 buying side.
Depends what you spent the $50 an oz on. If it was low premium garbage you may have issues. Or you could buy things when the opportunity presents itself regardless of what spot is at the time and get something that can retain or even increase like buggery in relative value. I paid $10/$15 an oz over spot for rounds last year. If I had waited for $19.50 or some other magic number to arrive I wouldn't have got to get some of these... http://forums.silverstackers.com/message-648055.html#p648055 There is more than one way to lower ones dca or, even better, make it irrelevant in regards to comex crap.
You guys are still playing this silver game? Play pot stocks. With the gains you can get more silver galore. Much better return. Serious btw. It's literally the next dot com boom. Think I'm making this up? Look up certain stocks. And not the typical but real pot stocks. Insane gains that make this whole physical stuff look like a complete joke. Think about it. Profit from stocks and get more silver. I believe in karma so I'm throwing this out there for you guys. Do your research and buy in there's still time. Before you miss out on OPPURTUNITY. My portfolio is up 1400%. How many of you can say that about your silver holdings? Unless you were buying silver at less than $$1. I don't see that. Sideways on AG for a while.
Well, thanks to the price drop, I just ordered a roll I had my eye for a while. If the price goes down again a bit more next week I wont feel bad. My collection is slowly growing and I have a nice list of potential buys if I ever see them pop up.
Are you blind? One of these days you guys will be saying. That AGmagic guy or CJ was right. I guess you guys are the ignorant ones.
