Calling on ya olden time stackers.

Discussion in 'Silver' started by Miss Silver, Jan 13, 2012.

  1. Miss Silver

    Miss Silver New Member

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    Share a little bit if wisdom with us younger whipper snappers.
    You guys have lived and stacked through the highs and lows and heard it all, but bugger the charts and you tube experts you have seen this before what simularitys are there if any from other take downs and from experience were are we going???

    Thanks
     
    Miss Silver, Jan 13, 2012
    #1
  2. boneyard

    boneyard Well-Known Member Silver Stacker

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    Where else do you own what you hold?
     
    boneyard, Jan 13, 2012
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  3. kram

    kram New Member

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    kram, Jan 13, 2012
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  4. alor

    alor Well-Known Member Silver Stacker

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    near falling back the chair when see Miss Silver got a response from boneyard :)

    use the spare cash where hard to find [good returned] are not around. (opportunity costs)

    buy when there is a crash for silver, but the dip for gold.

    buy when there are plenty of supplies. (best cost scenario - rather than driven by fear of price going to the moon)
     
    alor, Jan 13, 2012
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  5. silverfunk

    silverfunk Active Member

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    I have a feeling we are going much lower.
    This feels like feb 2010 where we got down to 14aud.
     
    silverfunk, Jan 13, 2012
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  6. Ag

    Ag Well-Known Member Silver Stacker

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    Been holding above $28 long enough to move up

    Silver can be squashed or raised in a heart beat. Think it was something like $8 drop in 30 min early last year?

    Forget trying to call

    It's either cheap or expensive which decides if I buy alittle or alot
     
    Ag, Jan 13, 2012
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  7. errol43

    errol43 New Member Silver Stacker

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    I don't consider myself an old time stacker but I would like to relate a story from someone who is a friend of mine.

    He recalls the time when it was profitable to take a $10 state .925 to the bank an deposit them when people were selling at spot of $4. They had bought then from the Mint for $29.95 each..

    They were the days! A person with foresight would be a rich person today.

    Regards Errol 43
     
    errol43, Jan 13, 2012
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  8. dccpa

    dccpa Active Member

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    From a sentiment standpoint, we should have already reached a bottom. And Alf Fields gives it a 75% chance that gold has bottomed and is starting the 3rd of 3rd EW leg that will take gold to $4500. I bought some more gold at $1562 and was going to refrain from buying any more for the next 2-3 months. However, that may have changed. See my thread re Rickards and US/Iran.
     
    dccpa, Jan 13, 2012
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