In The Red!

Discussion in 'Silver' started by Ernster, Dec 14, 2011.

  1. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    Or if you look at the chart for the last day or so AND turn it upside down and it continues for the next 2 weeks you get there as well - I smell a conspiracy :lol:
     
  2. Ernster

    Ernster New Member

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    LOL I feel sorry for old Bobby. He would have a 100% accuracy rate if they just didnt keep "taking the metals down".

    ...With so many better analysts I don't know why people bother even listening to that kook.
     
  3. fishball

    fishball New Member Silver Stacker

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    Hey he's pretty awesome, not many people can achieve a 100% inaccuracy rate.
     
  4. Scorpion75

    Scorpion75 New Member

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    Well i bought 2 x 1kg silver bars from B/B 30 mins ago. Just missed out on the $958 as it rocketed mins before i got onto them. Still i'm happy with $970 a piece to add to vault.


    Cheers



    Scorp
     
  5. Annunaki

    Annunaki New Member

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    Hello All

    I read most of the post lately and I see a lot of nervous people. I know some of you like myself have invested lots in silver but u have to remember the fundamentals of why u invested to start with, silver or any precious metals is not a quick rich scheme, if that's what ur after I'm sorry u boarded the wrong train.

    Look at every price movement as an opportunity.. If ur a real stacker for the long term u will look back at these prices and say Damnnnn should have bought tonnes..

    Everyone here have their reason for investing in Ag or Au, to win the game you need to be participate in the game.. U do that by investing in real money..
     
  6. Scorpion75

    Scorpion75 New Member

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    The technical signal to buy is increasing very quickly right now. You snooze you lose.LOL . Could be back over $29 in 5 mins.

    It's a bloody first for me to buy anything then for the price to go up straight away. It's a miracle. PMSL.

    I'd be getting onto B/B before 5pm wst if you want some cheap silver.



    Scorp
     
  7. hihosilver

    hihosilver New Member

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    I believe too. It will go but I want it to go to the F^%$ing Moon now :D
     
  8. Nugget

    Nugget Well-Known Member Silver Stacker

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    If the moonshot is $100k an ounce I'm with you 100%


    If not, please allow me some time to accumulate a few more ounces
     
  9. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    So you using USD or AUD roman? I'm using USD because I think the AUD is "overpriced" - even though I also believe the USD is a worthless piece of shit. It also stinks and is a boring green colour.

    What a tanking AUD will mean for our economy and way of life though - is beyond my economic capacity. But then again, we've done pretty well in the past when it was only worth 70cents of the yanks photocopied notes.

    But when it drops back, at least it'll make my bottom line look good.
     
  10. Nugget

    Nugget Well-Known Member Silver Stacker

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    For sure AUD is overpriced.


    IMHO it's overpriced because the four pillars borrowed far far to much from overseas so they can't afford for the AUD to return to it's fair market price
     
  11. Ilikemetals

    Ilikemetals Member

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    I nearly bought some more, but i think ill wait it out a bit more, a lot of people have been calling $25 for a while, that's when i'm pulling my trigger. My finger is getting awfully restless though, i feel like clicking it so badly....
     
  12. Nugget

    Nugget Well-Known Member Silver Stacker

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    Dollar cost average FTW
     
  13. Ilikemetals

    Ilikemetals Member

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    Hmm, might pick up a 20oz roll, see how i feel after a bit more of a think :p
     
  14. renovator

    renovator Well-Known Member

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    Thats the way i see it nugget & they will lie & cheat & fudge the numbers on employment etc to try & keep it that way .Im hoping they can keep it over 90c for at least 6 months
     
  15. Ozboy

    Ozboy Active Member

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    Yep, well and truly.
     
  16. Annunaki

    Annunaki New Member

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    The system is so corrupt that it's canabalising itself to stay upfloat... Power to the people...power to the Stackers
     
  17. silvertongue

    silvertongue Member Silver Stacker

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    In the red? Only by current spot, which seems to reflect the global physical market less and less. Having a peek at overseas markets, there's no doubt in my mind that Australia is really good value for PMs at the moment. Industrial 1mm sheet is going for $1.43 +gst per gram today, which is $48.92 per ounce if you need it as commodity. Not really quite indicative of the paper price...
     
  18. Contrarian

    Contrarian New Member

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    I don't measure my property portfolio in fiat dollars, I measure it by the number of houses. The more the better.

    Sounds a bit ridiculous doesn't it? Clueless even.

    C
     
  19. Lovey80

    Lovey80 Well-Known Member

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    Agree contrarian but I also measure my stack in ounces. I will probably only start to look at its fiat value once the price is in bubble territory.

    Plus I am no where near my targeted ounces and I am guessing very few on here are so bothering about being in the red now is a worthless exercise and takes away from the positive that times like now are easier to add ounces to the stack and get closer to ones target.

    Once I hit my target ounces I will only add to it as my stack is roughly less than 20% of my portfolio and go from there.
     
  20. Philski

    Philski Member

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    im always over extended. I like stress and chaos a little but not to the point of it hurting.
     

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