Best time to sell Q1 2021

Discussion in 'General Precious Metals Discussion' started by sammysilver, Jan 5, 2021.

  1. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Exactly. And we haven't had runaway inflation since the peak in the 70's.

    Explain how that will actually happen.
     
  2. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Yes I know it's from the CFA Institute but the author has got it right: Debt and Inflation Fears: Investing’s Obsolete Dogmas?

    The world of the goldbug too clings to a host of irrational dogma, and two of them are dealt with in the article linked above, though the author has mainstream economists, analysts and politicians in his sights as opposed to goldbugs.

    and

     
  3. SilverHaas

    SilverHaas Member

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    Wtf are you doing in this forum if you dont believe in sound money?
    Fractional reserve, manipulated interest rates, etc...
    The only reason why highly indebted governments works for now is because they manipulate interest rates and keep the circle jerk going while manipulating the PMs down to shit
     
  4. SilverHaas

    SilverHaas Member

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    And who the hell cares about core inflation. Whats more core than F***ING FOOD????
     
  5. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Water?

    It's too cheap BTW.
     
  6. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Who says I don't believe in sound money?

    Screen Shot 2021-01-12 at 4.57.32 pm.png Screen Shot 2021-01-12 at 4.59.44 pm.png

    Welcome any way newbie. I hope you learn something from your time here. I hope it prevents you from losing money.
     
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  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    SilverHaas at 24 is very young. For people in their early 20s, buy some silver (cost average out) and ignore the short term crazy paper movements. Silver is not recoverable since it's used in such minute amounts. In less than 30 years, silver will be hundreds of dollars per oz. Buy interesting bars and coins, stuff that you can admire so when the price drops, at least you can appreciate the aesthetics.

    Treat it as a hobby. For me, I've have a portion that is a hobby, lunars and qb that I won't sell, and generic bars for flipping if the price goes to the moon.
     
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  8. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    If that’s the case, he’s way ahead of the ballgame than I was at that age.
     
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  9. 66rounds

    66rounds Well-Known Member Silver Stacker

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    What about inflation in labour wages?
     
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  10. SilverHaas

    SilverHaas Member

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    Just because I joined this forum on sunday doesnt mean i joined this space on sunday lol. Ive been very savvy on economics since i was 17, first with cryptos and then silver/gold
     
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  11. SilverHaas

    SilverHaas Member

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    I have the exact same. 1kg stuff for flipping and im atm slowly building my 1oz stack of sexy coins which I dont plan on selling for less than 3-5 hundred USD worth each
     
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  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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  13. alor

    alor Well-Known Member Silver Stacker

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    China: Meet the country’s youngest female commander on Chang’e 5 moon mission
    24 years old

     
  14. alor

    alor Well-Known Member Silver Stacker

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    Beijing alerts Mekong River neighbors to restricted waterflow amid dam maintenance, as experts cry foul over late warning https://on.rt.com/ayty
     
  15. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    The vast majority of pm stackers are clueless when it comes to economics, believing in outdated notions about currencies and debt or sound money and even downright fabrications eg central banks are privately owned or the world is run by a cabal of influential individuals so it's refreshing if you say you are savvy. I'll keep my opinion about how savvy I think you are privately for now until I see more evidence.

    Crypto go hand in hand with precious metals, so it's a natural progression to make the jump.
     
  16. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    1. From the Austrian perspective award wages are false prices as they are not set by the market
    2. From a general perspective the rate of growth in wages has failed to keep up with the market, this is because we're in what Koo refers to as a balance sheet recession where businesses and individuals are more concerned with paying down debt and the future of the economy than they are about investing for growth or consuming beyond the margin (ie more than they currently need or want at this point in time).
     
    Last edited: Jan 12, 2021
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  17. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Bumping this hoping for an answer:

    Explain how that will actually happen.
     
  18. 66rounds

    66rounds Well-Known Member Silver Stacker

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  19. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    ^ does he get around to explaining how @SilverHaas ’s prediction will happen? I’ve got golf soon.
     
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  20. 66rounds

    66rounds Well-Known Member Silver Stacker

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    You don't need to watch, just put on some headphones whilst you send that little ball through the air
     

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