icarus got too close to the sun <Sideways>

Discussion in 'Silver' started by Court Jester, Jul 4, 2016.

  1. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    and down down down down it goesssssssssssssssssssssssssssssssssssssssssssssssssssssssss

    <sideways>


    [​IMG]

    let the <sideways> movement continue.
     
  2. scrooged

    scrooged New Member

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    The 30 day chart doesn't look as sensational.
     
  3. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    :)

    neither does the 5 year one.
     
  4. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    bankers smack down won't last. They can't keep it down or sideways for much longer. Not in this climate.
     
  5. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    So going up needs multiple weeks before you do not class it as sideways but a drop in a couple of hours is "down down down"?
     
  6. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    the top lasted all of about 2 mins unless you were glued to the spot charts no way any physical stacker took advantage of the bump up



    LIke I said > $27 over a 2week period I concede <sideways> is over not what ever this was.

    how many million ounces of silver did you move @ $27.35 to re buy back in now?
     
  7. Topherclaus

    Topherclaus Active Member

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    How is it sideways when it have gained over 40% since November you Muppet? Sub 19 to over 26.50 (current) in 8 months is a good buy in my books!
     
  8. boneyard

    boneyard Well-Known Member Silver Stacker

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    Icarus is spelt with a capital I.

    So is Idiotic.
     
  9. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    [​IMG]

    <sideways>

    easily buy sell spread + postage takes up a big chunk of the potential profits you MAY have just made ( that is if you times the sell within the 2 min window of the last spike and actually managed to offload your physical )

    it has gones down as quickly as it went up === <sideways>

    if you had bought 12kg a year over the last 3 years @ $20 AUD average and took physical delivery @$13 per post bag == and sold right NOW to a bullion dealer for spot

    how much are you ahead

    the answer == F C U K all or not enough to actually make a same lick of difference to anything .


    aka <sideways> for any ABOVE average stacker let alone an average on.
     
  10. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    pfffffft grammar
     
  11. trew

    trew Active Member Silver Stacker

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    http://forums.silverstackers.com/post.php?tid=41795&qid=537557



    So are you still calling sideways until 2023 ??
     
  12. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    <sideways> until it isnt --- we have not reached that criteria yet.
     
  13. metalzzz

    metalzzz Well-Known Member

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    Stretch any line graph out long enough and it will look straight you turtle. F sakes
     
  14. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    im only stretching ti out over the period i was saying it was going to go sideways

    and for all piratical purposes it still is
     
  15. scrooged

    scrooged New Member

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    aarrrgh.
     
  16. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    I would call that summation below average logic.
     
  17. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    see post above
    actual profits you would have made stacking physical over that time = F C U K A L L
     
  18. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I doubt the average stacker here would have accumulated more than 12kg /year over the last 3 years

    I would guess most here had actually stacked a lot lot less than that

    how many millions of $$$ did you make on silver over the last 3 years if the gains on physical stacked silver were so high and my assumptions are wrong?

    But hey lets not let facts get in the way of a good story ay braugh!
     
  19. Silver_Dealar

    Silver_Dealar Member

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    Just no. An increase in the spot by over 30% is very good in the stock market, let alone commodities.
    Also, what silver has done in the past few months is great and everyone who bought has definitely profited. But let's just say that your right and that it has mostly gone sideways with a slight rise. What is the main attraction of precious metals? A safe haven asset that is you directly hold. So I don't know about you, but in my book buying silver has been a great idea.
     
  20. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    again assuming you managed to time it correctly and buy at the bottom its $18/ oz not including premiums that move up as spot goes down and bought 36kg of silver there and then

    your buy / sell spread and postage to get it to you eat up a big chunk of your profits.

    assuming you actually wanted to take advantage of the high spot price -- whoops you cant it wen down after 2 mins at the peak before you could get your silver into the car and head to teh dealer.

    trying to sell over a few weeks is more realistic and it it does not stay high for that time period whats the point.

    but ay again how much ddi you make selling @ $27.35 for the 2 mins it was there again?
     

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