Sentiment

Discussion in 'General Precious Metals Discussion' started by rbaggio, Aug 28, 2013.

  1. rbaggio

    rbaggio Active Member Silver Stacker

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    Are people feeling this recent rally (which has been exacerbated by falling AUD) is going to be short-lived? And a drop is coming?

    I ask, because I see sale threads such as 1oz gold certicard for $10 over spot, INCLUDING plat post. And no takers.

    Seen similar threads like this recently, where I think "wow that is a bargain" and there are no bites.

    Thoughts?
     
    rbaggio, Aug 28, 2013
    #1
  2. thatguy

    thatguy Active Member

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    We might see $26 or we might see $17... soon
     
    thatguy, Aug 28, 2013
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  3. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    I have enough of the stuff at the moment, I was using PMs as a way of storing excess fiat but I have now run out of excess fiat.

    Haven't even looked at PM 1oz Horses which would be a no brainer purchase.
     
    Jislizard, Aug 28, 2013
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  4. hem9

    hem9 Active Member Silver Stacker

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    money sucked up by horsies
     
    hem9, Aug 28, 2013
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  5. goldpelican

    goldpelican Administrator Staff Member

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    This. Market flooded with offloading the past week (on here at least) to raise funds for horses.

    That said, a few weeks ago sentiment was another big smack down was coming - but now everyone is getting a little bullish.
     
    goldpelican, Aug 28, 2013
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  6. JulieW

    JulieW Well-Known Member Silver Stacker

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    Yes. It's a crisis of fiat.
     
    JulieW, Aug 28, 2013
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  7. finicky

    finicky Well-Known Member Silver Stacker

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    I was thinking along this line last night. You know those sentiment cycle graphics? With stages on the downside following a euphoria top like disbelief and bargaining, growing acceptance, then despondency, then despair. First sign of possible recovery sentiment wallows in disbelief, then hope, then optimism etc.

    I never got to despair, but did despondency and boredom. Now I'm at disbelief mixed with optimism (skipped 'hope' - that's for when you're adrift on an ocean and see shape of ship on the horizon)
     
    finicky, Aug 28, 2013
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  8. Scyb

    Scyb Member Silver Stacker

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    I think everyone is waiting for the 'imminent correction' that should kick in after every dramatic rise.

    And most people that were here woild have bought already. Just going for the ride now.
     
    Scyb, Aug 28, 2013
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  9. trew

    trew Active Member Silver Stacker

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    Still got NFI - just riding the waves
     
    trew, Aug 28, 2013
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  10. volrathy

    volrathy Active Member

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    silver will be $30 AUD by friday next week
     
    volrathy, Aug 28, 2013
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  11. hiho

    hiho Active Member Silver Stacker

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    just buying horsies only at every opprotunity
     
    hiho, Aug 28, 2013
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  12. metalzzz

    metalzzz Well-Known Member

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    I never have any FI, I just float around like a cork in a sink. Float past interesting things occasionally.
     
    metalzzz, Aug 28, 2013
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  13. VRS

    VRS Well-Known Member Silver Stacker

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    Nah - Sod the horsies. I offloaded some to buy that boat I'd promised myself, on the basis that if pm's are terminally smacked-back forever and US invades Syria at least I can go down with my own ship and thereby contrive a credible 'tragic boating accident' should the govt decide to sequest everyone's shiny and/or the missus decides to claim on my life insurance if I disappear off to Polynesia owing to another kind of (non-silver related) charting error...

    Or summat like.
     
    VRS, Aug 28, 2013
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  14. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Had to borrow this as my sig Metalzzz. So hilarious it deserves a wider audience. :lol:

    Consider your Quality Post count +1 to whatever it was prior. :p
     
    Eureka Moments, Aug 28, 2013
    #14

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