I wish I never bought silver

Discussion in 'Silver' started by BootyBandit, Jul 9, 2012.

  1. BootyBandit

    BootyBandit New Member

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    [​IMG]
    Source:kitco
     
  2. PeacePeople

    PeacePeople Member

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    Well, if you're going to sell now I'm pretty sure people would get in line real quick if you offered it for spot. There are all kinds of people that bought high and are panic selling low, happens with every big move in just about every market in the history of markets. That's why some people go broke and others get rich.

    I suggest you get used to this sucky range until after the US elections in Nov, then you'll see a little looser grip on the reins and a nice rise to end the year. Also, barring something catastrophic, I wouldn't expect QE v3.5 or whatever unofficial number they're on, until after the elections, it'd look like they're trying to rig that, which they are but don't want to be too obvious.
     
  3. Sultan Pepper

    Sultan Pepper Member

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    'Oh no the interweb people told me to buy the silverz and its gone down'

    That's the nature of investment, invest in things you believe in, not what other people carry on about. I mean I'm offered 3 million dollars every day by the bank of Nigeria, but after doing my research it's not a sound or realistic investment :p
     
  4. Ghost Story

    Ghost Story Active Member

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    that top on that chart looks like someone giving the bird [​IMG]

    i don't know what all the kerfuffle is about anyone who does the pm thing knows its a gamble for me the odds are much better than the horses so works out pretty good.

    gee i buy and 10 Min's latter the price has dropped or gone up

    so live to stack another day and for me its long term and like someone said back there it helps me sleep at night
     
  5. PeacePeople

    PeacePeople Member

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    Good point, it's a gamble, so ask yourself which casino do you want to play in?
     
  6. Macros_The_Black

    Macros_The_Black Member Silver Stacker

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    Oh crap.

    I wish I'd read that before ... :(














    :p
     
  7. renovator

    renovator Well-Known Member

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    Two sentences ? :lol: Huh ?......What ? Dont sentences start with a capital & end with a full stop ? :p:
     
  8. tozak

    tozak Well-Known Member Silver Stacker

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    BootyBandit, Yeah seriously you might want to consider selling all your Silver now because if it gets much lower than this everyone else will probably start selling soon and with no buyers the price may even crash down to zero, then you won't even be able to give that sh!t away!
     
  9. Anonymous

    Anonymous New Member

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    My advice is to buy more. you're welcome :)
     
  10. Kawa

    Kawa New Member

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    These are not sentences .They are paragraphs and quite long ones.

    One question though.What is a commodity vector?

    Is it legal if you get caught with any in your pocket?
     
  11. JulieW

    JulieW Well-Known Member Silver Stacker

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    From a pedantic perspective, he gave two sentences summarising the thread:

    1. Precious metals investment are a wealth protection tool, not a wealth creation tool.
    2. Commodity vector considerations in Ag aside, if you went into the PM market on the recent rapid rise purely for short term capital gains, you came in for the wrong reasons.

    The balance of the paragraphs were perspective and opinion. Not sure what the numerals were in there for though! :)
     
  12. Kawa

    Kawa New Member

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    No they were represented as sentences when clearly they were long winded paragraphs with some big words as well.The paragraphs were intentionally formatted to confuse fiscal pygmys which is not cool.
     
  13. Kawa

    Kawa New Member

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    Big Words as well?

    Buy the way a Commodity Vector is not a party drug.They are OK to carry around in your pocket.
     
  14. Contrarian

    Contrarian New Member

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    Ask the OP if they think that their wealth has been protected.

    There was a huge opportunity for wealth creation for those who recognised it.

    C
     
  15. malachii

    malachii Well-Known Member

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  16. longtime silver believer

    longtime silver believer New Member

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    YES ,If we all buy buy and buy like there is no tomorrow silver will have to do a big u-turn and go north...or we all go bust.
     
  17. Giodor8

    Giodor8 Active Member

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    First this thread and then the 600 oz im out thread! We have definately won guys. The cabal has run out of time. Expect the price to start going up around the olympics I would say as sport is the biggest distraction ever invented. Remember the movie wag the dog? Top up your stacks and most importantly top up your food and water supplies from here on in. Not too long to go now. Peace to us all. :)
     
  18. grinners

    grinners Active Member Silver Stacker

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    Were are you getting this information from...? I believe the mining cost of silver is SIGNIFICANTLY less than spot.
     
  19. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Apparently not until you sell.....
     
  20. Black_Sun

    Black_Sun New Member

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