Is it my imagination.......................

Discussion in 'Silver' started by Belvedere, Jun 14, 2014.

  1. Belvedere

    Belvedere Active Member Silver Stacker

    Joined:
    Oct 6, 2013
    Messages:
    941
    Likes Received:
    61
    Trophy Points:
    28
    Location:
    Misty mountain tonight....
    Just looking through the trading posts on the forum over the last few weeks and they are predominately "WTS" and not "WTB". To paraphrase Dr Julius Sumner-Miller - "Why is it so?"

    Are folks a bit shy about parting with their cash or are people short of moolah and selling their stack? I am not asking specifics about anyone's personal situation but does the trend seem that way to others? Is now not a good time to buy what you can afford?
     
  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    4,665
    Likes Received:
    1,137
    Trophy Points:
    113
    Location:
    Australia
    The speculators are being driven out of the market!

    The folk who have a very good grasp of world politics and have a good grasp of historical events are accumulating.

    As we have said many times on this forum, understand why you are buying precious metal!

    Soon the fliippers and speculators will be like...dust! :D

    H
     
  3. Cheepo

    Cheepo New Member

    Joined:
    Feb 23, 2014
    Messages:
    444
    Likes Received:
    0
    Trophy Points:
    0
    I think the predominant sentiment right now is "we might actually see $15/oz", which a few months ago was laughed at. I have seen a change in sentiment since I first registered, which is February this year.
     
  4. monopolize

    monopolize Well-Known Member Silver Stacker

    Joined:
    Mar 28, 2013
    Messages:
    1,196
    Likes Received:
    225
    Trophy Points:
    63
    Location:
    Melbourne
    I don't think there are many SPECULATORS in this forum. Sure there are some traders/flippers but they wouldn't be selling at these prices. I think people here sell because they have to for financial reasons. And from my observation you don't get many sellers on a sudden big dip but if prices remain suppressed for a while then you see more selling probably because there's no bounce in sight and they can't hold out any longer. If you have the dosh I would say this is a great time to buy. Those lucky new comers. For those who's been around for a while I think have been buying for months now so I would say we're tapped out (personal experience). Then there are those who are waiting for $15 silver.
     
  5. Belvedere

    Belvedere Active Member Silver Stacker

    Joined:
    Oct 6, 2013
    Messages:
    941
    Likes Received:
    61
    Trophy Points:
    28
    Location:
    Misty mountain tonight....
    I sort of agree with both of the above. Gold/silver is a poor gamble at the moment in terms of turning over a quick dollar. I am not sure we will see $15/oz but there is great uncertainty about which way it will go.

    So, are guys (and girls) who trade on this forum speculators? I think the majority aren't. I suspect that we, as a group, are just buying bits and pieces and not actually investing.
     
  6. finicky

    finicky Well-Known Member Silver Stacker

    Joined:
    Jun 10, 2011
    Messages:
    3,491
    Likes Received:
    76
    Trophy Points:
    48
    Location:
    Dreamworld
    I think you're right that the vibe has gradually changed to more negative and reluctant to buy. Personally, I feel no interest no matter what the deal. If I had one word for my mood regarding precious metals it would be 'sullen'.
     
  7. ego2spare

    ego2spare Well-Known Member

    Joined:
    Jun 1, 2013
    Messages:
    1,749
    Likes Received:
    39
    Trophy Points:
    48
    Location:
    Australia
    SELL SELL SELL!! trust me, always trust a person on the internet who says "trust me"
     
  8. bloomst

    bloomst Well-Known Member Silver Stacker

    Joined:
    Jul 16, 2012
    Messages:
    4,902
    Likes Received:
    53
    Trophy Points:
    48
    Location:
    Melbourne, Australia.
    Im more worried when the trading section is quiet. Just like a toddler/baby...something not right when he/she is quiet.
     
  9. QLDSILVER

    QLDSILVER Member

    Joined:
    Aug 22, 2011
    Messages:
    271
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Gold Coast QLD
    You just gave away your age with the Cadbury Professor's glass half full.........
     
  10. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,783
    Likes Received:
    1,541
    Trophy Points:
    113
    Location:
    Northern NSW
    Typical market behaviour. Sentiment driven, and somewhat predictable.
    It happens in every market, over and over, and 'tis to be expected.
     
  11. Belvedere

    Belvedere Active Member Silver Stacker

    Joined:
    Oct 6, 2013
    Messages:
    941
    Likes Received:
    61
    Trophy Points:
    28
    Location:
    Misty mountain tonight....
    You would think that with age comes wisdom. Not so. I will never see 60 again and I am still addicted to the shiny stuff. Someone (Einstein?) said that foolishness was doing the same thing over and over again and expecting a different result. Now I think of that, that could apply to a few people on this forum. No disrespect meant - just a gentle poke at ourselves.
     
  12. Gilligan

    Gilligan Member

    Joined:
    Oct 7, 2013
    Messages:
    360
    Likes Received:
    20
    Trophy Points:
    18
    Location:
    Australia
    I'm sitting back loving these wts ads. Heaps of choice lately :)
     
  13. Belvedere

    Belvedere Active Member Silver Stacker

    Joined:
    Oct 6, 2013
    Messages:
    941
    Likes Received:
    61
    Trophy Points:
    28
    Location:
    Misty mountain tonight....
    Yeah - but are you taking advantage of them? Not many seem to be.
     
  14. Gilligan

    Gilligan Member

    Joined:
    Oct 7, 2013
    Messages:
    360
    Likes Received:
    20
    Trophy Points:
    18
    Location:
    Australia
    Hell yeah, I've collected a fair whack of stuff in the last three weeks, stuff I wouldn't have looked at 3 months ago mainly due to prices.
     
  15. Sneakypeen

    Sneakypeen Active Member

    Joined:
    Jan 28, 2014
    Messages:
    400
    Likes Received:
    32
    Trophy Points:
    28
    Location:
    QLD
    Yeah, I am just waiting for some 2010 PM lunar tigers (silver).
     
  16. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,193
    Likes Received:
    56
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Letting go of old stuff so I can bring in new stuff!
     
  17. Hugh Mann

    Hugh Mann New Member

    Joined:
    Apr 20, 2014
    Messages:
    27
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    U.K.
    Just bought a pair of 500g Bars less than an hour ago, I don`t care what the price is doing really, I`m stacking baby! :)
     
  18. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,915
    Likes Received:
    160
    Trophy Points:
    63
    Location:
    EUSSR
    Know what? All those price fluctuations, due to all that misleading / manipulation (not limited to silvers market), have nothing to do with speculation. It's rather the contrary, if there had been more speculation instead of theft, the price trend would have been much stabler.
    Who is out then? Well, I'll tell you: the money for nothing club. They entered the silver market, talked about the moon, dumped, and left, eventually for some other place to try the same there too. That's what they do. 'Making money', they call it. I've seen some passing, on forums. They aren't speculators. They are just thieves that use modern methods.
    I'd welcome real speculators. These stack silver when plenty is for sale and price is low. This way, they prevent the price from being driven even lower. Then, they sell when few is for sale and price is high. This way, they prevent the price from being driven even higher. And how comes they are able to do this? Because they put effort in understanding, and foreseeing. And they don't talk about moon and doom. They don't try to drive other people into mistakes/losses. Instead, they stabilize the price trend, and a stable price trend, is for a monetary used asset a big plus.
     
  19. Belvedere

    Belvedere Active Member Silver Stacker

    Joined:
    Oct 6, 2013
    Messages:
    941
    Likes Received:
    61
    Trophy Points:
    28
    Location:
    Misty mountain tonight....
    My friend, you would make boiling an egg complicated and, if it didn't turn out perfect, then there would be a conspiracy theory as to the reason.
     
  20. The Crow

    The Crow Member Silver Stacker

    Joined:
    Jun 17, 2014
    Messages:
    854
    Likes Received:
    18
    Trophy Points:
    18
    Location:
    "The Place of Many Crows"
    Love it :D
     

Share This Page