With such a great record of predicting it is somewhat surprising to see you still bother to post on this forum. Surely a Nostradamus in the bullion market would have made many millions by now using other folks fiat. Think this is called "selling short" ? You should be sipping cocktails on a luxury yacht right now before heading off to the Casino in fine sports car.
James my friend....show me the money http://www.randi.org/site/index.php/1m-challenge/challenge-application.html Half to be spent at Goldstackers
Only a handfull of insiders can know with any real certainty what the short term prices will be...the rest of us are just making educated guesses or some (like the to-da-moon, crack-smoking, whack-job permabulls) are intentionally avoiding objectively looking at any of the facts or fundamentals but instead just regurgitating misleading and dishonest sales pitches for their own self-interest. I do not trust these people. Precious metals has never and will never always tomorrow be way up. That's not to say that a perma-bear (if such an animal exists) is any different. If someone thinks that in today's market that pm's will always fall big tomorrow, then that person is smoking crack too. Metals will ALWAYS be relatively volatile and will ALWAYS trend...whether up, down, or horizontally for a period of time before it trends another way and returns back the other way again. Metals may fall tomorrow but the next day be up....so what...nothing new at all. Do the research, be honest, and if you then believe that it's a good time to buy and you have the money, then do it. If you have been repeatedly successful in accurately predicting short term pricing, then that's when you call me and fill me in on your method. Otherwise, just chill out and try to make the best of the bumpy ride like the honest people are doing here. .
Frosted ram was released at close to low premium, now look what it's worth... There is always a market for premium goods, sure it will all be made into phones one day anyway but in the mean time kooks go up $1 a year
morning all, considering Ag topped in 2011 and has been trending down since - predicting that at the start of 13 Ag would go down ---------- well, it isn't really a big intellectual leap is it? Now, in a market that has been downtrending for a few years ---------------- a prediction that would really really be something is to predict when an up year is about to happen. Now, I said that the June low was indeed a low - and I said it within a day or two - both publicly and in pers comms. with brashy from this site. Most thought we were mad - and probably continue to do so ------------ however, that level has not been breeched. I still say around that level is rock solid - technically. Fundamentally, however, I feel the game has changed. Initially, I thought manipulation was bs --------- but then, it became very clear that it was not bs and indeed was fact - opaque, but certainly looked like fact. Now, I feel that something has happened - and I think it has to do with Barack Obama. Ever since we had those banker wanker meetings direct with the pres. things have been different. If I remember correctly - within 24 hours of the first meeting we had a hell of a drop in Au and Ag. Then we had a second meeting - noting appeared to happen. Third meeting - ditto. What has indeed happened to Ag though - is more or less a reasonably trading range. Now, for my money - IF, and yes, it is an IF ----------- the manipulators were caught out by the Pres and the boys ------------- and they certainly were in other areas - and if the gov. had the goods on them - and it seems they had and have - and, if, as the Solicitor General told us - that to pursue these people would wreck the world economy ------------- then, imo, a natural outcome would have been to - force them to stop playing. Just stop playing and we won't pursue you to the 'full' extent of the law. (full extent would mean criminal charges - and, no one who is used to 5 star would like jail, no one). Hence ----------- a bargaining process. But, in that bargaining process there would have been a price (fines etc.), other limits (unknown) but MOST definitely ------------ NOT negotiable - The game stops NOW. Hence ----------- one big adjustment for PM markets ------------------- the first meeting. Then followup meetings - maybe to confirm and certainly to attempt to save the world. imo - the end result now ------------ Ag and Au are left alone - at least from that sort of manipulation. imo Ag is finding it's true value - and it will take a while to do it. ditto Au ----------- but Au is far more complex because there are massive players involved. so, were are we, pricewise? Don't know, but I will stick that the earlier posts I did stating a rock solid area still is rock solid -------- if, per chance that is breeched, then it is a new game entirely. 2013 looks like it will end less at the dec. end than the jan. end ---------------- but, it might also be the year of the bottom - and we well might have had it in June -------- imo, we have had it. have a great day all Gazza
It sounds like this guy woke up this morning and forgot to take his meds.....Bloodbath???? Relax, take a chill Pill.....geeeeez
As i said before - "Your opinion is irrelevant and you can't demand anything as you are not in dominant position". You don't have a capital at all ("not my money on the line"), all you've got is your worthless opinion. In Australia you do not demand anything without purchasing power to back up your position. You will not "get your opportunity" although your development have advanced significantly as you at least know how to use internet (as is evident). Next step would be to learn from so many experienced members/moderators here (as I do) and be grateful for the opportunity to grow further. That way one day you'll have something worthwhile to say. Don't forget that just having inflated ego and opinion is not an asset unless it is qualified.
this is not rocket science. Once just needs to understand four key factors: (a) the current price of silver (b) the interrelationship between the increase in physical (includes etfs etc) holdings of silver, mine production output (both current and future (but net of any development/head office costs) (c) the premiums on physical silver (d) most importantly human psychology Understand these factors and its not hard to make money. And so far I have been proven correct. Some very interesting opportunities to create wealth with silver over the coming years, but unfortunately not for most of the stackers here
Ah my dear bimaco, how wrong you could be, and its these beautiful comments that will in fact make me my money. You are only partially right, Yes I don't have any capital EXPOSED to an asset class that is loosing me money, but I feel quite comfortable with this. I sleep well at night, my trading in that other asset class being equity markets, has created significant fiat money gains, some of that will be translated into future psychical holdings of silver but not yet. Whats the point? those psychical holders are loosing money. I don't loose money, I make money (or if you want it in non-fiat terms, I increase purchasing power Silver has done a pretty PP effort of achieving this this year, silver stackers have gone BACKWARDS in the purchasing power, regardless of the waffle about decreasing purchasing power of fiat money. In fact it gets worse, if fiat money represents decreasing purchasing power, and silver has depreciated against fiat money, then silver for the last year has been one hell of a bad store of purchasing power. In regards to my commentary has it been wrong? As to an opinion, well that depends on who wants to profit from it. I am not selling any services, there are no seminars from me. The determination of the opinion will be quantified over the next several years.
Won't even show us where he was against silver prior to the April drop. Something that has dropped is going to drop more, hold the presses. I keep predicting the sun will come up each morning. I have a perfect record so far.
Now, the coming week will be interesting. Last week of Nov. When is settlement day for silver contracts.. History in silver has shown that the last week of calendar months have been volatile for silver prices. Now silver is at US$19.85. Who thinks at the end of trading in the US next Friday night that. 1. silver will bounce above $20US 2, silver will drop below $19.70 I'm going to say it will go back over $20US. Why? Because I think it moves exactly opposite than the 2nd last week of the month.. Anyone care to have a stab at a prediction for next weeks close? Regards Errol 43
No technical analysis, but I would really like to see a revisit of USD 18/19. Have something I really want!
Yea, to me that word appears like fearmongering. Take for ex me, my coin purchase average is according to spot $30. With the exception of the 2011 Lunar series non-kilocoins, I never paid high premiums. The spot price is now $20. And in some future, the silver spot price may again have risen, and maybe more than other stuff. This topic is like some 2 years too late. But then, in the $40-$50 range, we didn't see these kinda topics. Rather their contrarian versions (moons etc). Acting contrarian back then was a good idea. Why wouldn't acting contrarian now, be a good idea too? Bloodbaths? Heh, all I see, is more silver for my euro's, and I noticed that topics like this, serve as good signal flares. Not that this puts me in a hurry. I'll wait for sub $19, and from then I'll start sitting on the edge of the chair again, to order Lunar horse kilocoins, and after it my average will again be a tad lower. Lower prices are only bad for those that planned to sell during their existence duration. I don't even have selling plans. For my former euro's I also didn't have selling plans. Now and then I sold some, to buy stuff. Silver won't be much different, and the times I sell for less, may be compensated for with times I sell for more. I take some care in what I buy, and at which price I buy it, and if a price fluctuates more, I take care of 'when' more too. About predicting silver prices - I don't care about temporary up>downs - the coming years outlook appears as flat to me. 2008-2011 saw the stockpiling of over 50% of an annual supply - 600 Moz, with 400 of it as 1000 ounce bars. Since the 1000 ounce part nearly stalled post 2011, the silver production doesn't meet the same demand anymore, and that's why the price dropping already without the 1000 ounce bars stocks depleting. Production will likely drop again, as to keep the price level above what is needed to pay the bills related to the production. It's possible that we hang in the $15-20 range in this period. Aside of that, there is the competition. The fiatcurrencies. The trust people have in them, depends on the speed of their value degradation. In order to decrease the value degradation, economy has to do the job better. My opinion is that it will be very hard to repeat the innovations of the 1980-2005 period. That would mean that the value degradation of the fiatcurrencies becomes a 1:1 proportional function of the spending level. In other words: if people spend 10% more, the value degradation will be 10% too. Since economical 'revival', ending a crisis, basically means a spending increase, fiatcurrencies would devalue 1:1 with it. Since such 1:1 devalueing means that prices go up as fast as spending goes up, that end of a crisis means restarting it again, forming a viscious circling feedback mechanism. Since this instability means harder becoming financial planning, investment risk increases, causing the amount of investment, to drop. Since this investment drop means detoriation of infrastructure and production and efficiency, the fiatcurrency devalueing becomes faster. So what would we have then: the viscious circle increases in speed, once again. Until some point, where the viscious circle would become a disorganized cloud dots. That's why I became a speculator. That's why I bought silver. That's why I hold silver. That's why I buy more silver. And other stuff, that can be bought ahead of its need. Some do temp swaps back to fiatcurrency. To then buy more silver from people that are willing (mood measurement method called 'technical analysis' haha) to sell for less fiatcurrency. I'm not amongst the former. I'm not amongst the latter.
