How deep underwater are you?

Discussion in 'General Precious Metals Discussion' started by Gold Kiwi, Apr 17, 2013.

Page 1 of 6
  1. Gold Kiwi

    Gold Kiwi New Member Silver Stacker

    Joined:
    Apr 3, 2010
    Messages:
    529
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    NZ
    I must be a sucker for punishment... tonight I updated my PM spreadsheet with the current spot price just to see what impact these past few days have had on my bottom line.

    Taking what I paid for my physical (including the premium over spot) and the current spot price, these are the numbers:

    Gold -27.78%
    Silver -48.82%
    Mining shares -17.34%

    Good thing I wasn't planning on selling anytime soon!
     
    Gold Kiwi, Apr 17, 2013
    #1
  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

    Joined:
    Feb 26, 2010
    Messages:
    8,809
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    Gone Fishin'
    I'll happily take your gold & silver to save u further losses :p
     
    Clawhammer, Apr 17, 2013
    #2
  3. Lunarowl

    Lunarowl Active Member Silver Stacker

    Joined:
    Jun 6, 2011
    Messages:
    2,326
    Likes Received:
    19
    Trophy Points:
    38
    Location:
    Lala-land [Sod-nee]
    I just refused to check lol.. Too scared..
     
    Lunarowl, Apr 17, 2013
    #3
  4. boneyard

    boneyard Well-Known Member Silver Stacker

    Joined:
    Jul 10, 2009
    Messages:
    6,093
    Likes Received:
    426
    Trophy Points:
    83
    Location:
    55G 528505 5257160 TASSIE
    My sunken boat still weights the same as the day it sunk.

    GPS details are known to select family members.
     
    boneyard, Apr 17, 2013
    #4
  5. trew

    trew Active Member Silver Stacker

    Joined:
    Aug 24, 2011
    Messages:
    3,653
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Melbern
    Serves you right for keeping a spreadsheet

    I gave that up a long time ago

    Have no idea how much I have made or lost
     
    trew, Apr 17, 2013
    #5
  6. Ernster

    Ernster New Member

    Joined:
    Feb 19, 2010
    Messages:
    1,735
    Likes Received:
    0
    Trophy Points:
    0
    I'm around -25%

    Meh, if you spread my loss of a 3 years, its not really a big deal at all.

    I'm sure POS will go back up in time.

    Hope it goes a little lower around $21.

    These 20-30% dealer premiums are annoying:(
     
    Ernster, Apr 17, 2013
    #6
  7. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    I'm not sure I understand how a 25% loss is no big deal?
    I'm guessing your stack is a total of 4 oz's?
     
    wrcmad, Apr 17, 2013
    #7
  8. Ernster

    Ernster New Member

    Joined:
    Feb 19, 2010
    Messages:
    1,735
    Likes Received:
    0
    Trophy Points:
    0

    For examples sake lets say I have spent $20K worth total. Lets say I have lost 25% equaling a loss of $5K over 3 years of staking.

    That's only a loss of $1,650 a year.


    LOL yes how did you know:)
     
    Ernster, Apr 17, 2013
    #8
  9. Auagau

    Auagau Active Member

    Joined:
    Mar 3, 2011
    Messages:
    423
    Likes Received:
    74
    Trophy Points:
    28
    Location:
    Australia
    I'm guessing you bought with a premium and you are valuing at spot price? When you'll actually sell with a premium. That might account for part of the loss - I'm just speculating.

    I got most of my gold @ $12xx so I'm ok for a little while yet.
     
    Auagau, Apr 17, 2013
    #9
  10. Gold Kiwi

    Gold Kiwi New Member Silver Stacker

    Joined:
    Apr 3, 2010
    Messages:
    529
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    NZ
    As luck would have it, I bought most of them in a previous dip.
     
    Gold Kiwi, Apr 17, 2013
    #10
  11. worldbubble

    worldbubble Active Member

    Joined:
    Apr 10, 2012
    Messages:
    1,666
    Likes Received:
    14
    Trophy Points:
    38
    Location:
    Japan
    considering the fact that I was buying and selling silver constantly I reduced my average cost of silver to $10 and gold to $800, so I have some place for good sleep

    as of price payed - in silver I'm down 20%

    what bothers me more is I don't know where to start adding )))
     
    worldbubble, Apr 17, 2013
    #11
  12. Matthew 26:14

    Matthew 26:14 New Member

    Joined:
    Sep 3, 2010
    Messages:
    3,305
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Victoria
    I'd still be in the green pretty comfortably in metals. My Telstra shares I bought in 2010 are doing quite nicely as an aside :)
     
    Matthew 26:14, Apr 17, 2013
    #12
  13. Contrarian

    Contrarian New Member

    Joined:
    Dec 16, 2010
    Messages:
    676
    Likes Received:
    3
    Trophy Points:
    0
    Location:
    Australia
    Gold down 13%

    Silver up 25%

    Fiat up considerably.

    C
     
    Contrarian, Apr 17, 2013
    #13
  14. ironwood

    ironwood Active Member Silver Stacker

    Joined:
    Feb 5, 2012
    Messages:
    1,334
    Likes Received:
    2
    Trophy Points:
    36
    Location:
    Louisiana
    Everything's blurry and the pressure's becoming to much to beeaarrrr.
     
    ironwood, Apr 17, 2013
    #14
  15. Golden ChipMunk

    Golden ChipMunk Well-Known Member

    Joined:
    Dec 12, 2012
    Messages:
    7,899
    Likes Received:
    1,319
    Trophy Points:
    113
    Location:
    Perth, Jupiter, Venus, Mars
    :p
    Have not lost a cent yet. Never. Unless you are force to sell today.
    All the stack still in tack.
    If you go long term you are still a winner. :D
     
    Golden ChipMunk, Apr 17, 2013
    #15
  16. DanielM

    DanielM Active Member Silver Stacker

    Joined:
    Oct 23, 2012
    Messages:
    2,889
    Likes Received:
    29
    Trophy Points:
    38
    Location:
    Melbourne
    I'm guessing these guys are 65+
     
    DanielM, Apr 17, 2013
    #16
  17. 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 use detecting to lower my dca.

    My detector/s have been my best PM related investment.

    Note: Minelab detector, not a Rangertell.
     
    Eureka Moments, Apr 17, 2013
    #17
  18. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Keep telling yourself that... if it makes you feel better. :)
     
    wrcmad, Apr 17, 2013
    #18
  19. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    Keep your eyes closed, everything will be ok. There, there.
     
    Phiber, Apr 17, 2013
    #19
  20. menotcrimex

    menotcrimex Member Silver Stacker

    Joined:
    Feb 20, 2013
    Messages:
    689
    Likes Received:
    1
    Trophy Points:
    16
    Golden Chipmumk you are 100% correct ignore silly people who's glass is half empty :lol:
     
    menotcrimex, Apr 17, 2013
    #20
Page 1 of 6

Share This Page