Sammysilver you are spot on in my eyes. Once you include that the RBA will probably drop rates soon and therefore drop our dollar more, we might easily be above $24 in a few days. Good work. Good to see a reasonable prediction with good logic to back it up. Much better then the dribble people like Leon spit out. Also where is Court Jester?
a broken clock is still correct 2 x times a day. one possible correct prediction does not make up for the hundreds of failed ones over the last 3+ years. ( and its still not $24 yet)
a broken clock is correct 2 x times a day, his one prediction (still not correct yet) is luck only he has been wrong that many times all you guys stroking it for him need to give it a rest. im still waiting for $36 silver by Easter in 2014
this is the 1 out of 2 times a day the broken clock is correct. if he makes a string of successful predictions I would take notice. one in 3 years he is no warren buffett.
this "stuck record" is still on point. Ill admit Samy the fool silver was right when we have $36 silver by easter even though it was XXX amount of years late. )XXX = however many years until we see $36 aud silver by easter again XXX may == 30 years. I am still buying silver just I dont believe I will see a return on investment for a while. My current goal is filling a large nescafe coffee tin with post 46 florins 5kg into it my tin is 1/4 full. I will use it as a door stop until the XX years and sell for spot when(if) I can make a profit.
<sideways > though I did say in another thread I could see it rising this year. I do not consider temp spikes up rising as well I only consider it risen once we have a sustained rise and it stays there for lt least a few weeks. I dont check on the spot price by the second
"I only consider it risen once we have a sustained rise and it stays there for lt least a few weeks." CJ Edit to note * Disclaimer - Stoic Phoenix doesn't care where spot is at X date.*
how about you dont cherry picj the data and look at the AUD price as I dont price or buy my silver in USD (death to america) <------------------ Sideways ----------------------> in the time frame sine one of the first of many many many many many many many many many sammys failed predictions.
Swings of 30% is not sideways. You could have easily doubled your money in the last couple years with some smart selling and buying. That is not sideways. Sideways is an arbitrary term with no defining constraints. You can cherry pick your timeline to suit your prediction. It goes to $30.. easy, push the timeline to the last time it was $30 and say, see I was right. If you were my financial advisor and told me silver is going sideways, I park some money in it and then it drops 30%, all the while smugly telling me "see, told you, still going sideways", I'd be chasing you down the street with a wrench. I have not seen one correct prediction from you. I have, however, seen some failed predictions. To be fair, you did get one thing right - your username. Now remove sammy from your signature and stop being a little brat.
well its may 1st and its not $24 secondly I have defined what I mean by <sideways> on here many times. it has been in that bracket mostly for the last 3 years, and sammys faily predictions have not manifested too many times that I have lost count over the same time. whilst we might have seen 20% swings in the spot price taking advantage of it as a physical stacker who is not glued to the spot price by the second would have been very difficult almost impossible to have doubled your money over the last few years. For most people the postage alone will wipe out most of the % gains of the recent "rise"
CJ - You put out your thoughts and I responded with a graph for this month which met these expectations. you have a weird take on "cherry picking" As for "For most people the postage alone will wipe out most of the % gains of the recent "rise"" - they are doing it wrong. One doesn't have to watch spot every second, a cursory glance when buying or selling is all that is required.
for all practical purposes for a physical stacker over the long terms $20 is bugger all difference to $24 / oz even if I bought say 10kg / year (unrealistic for most people ) over the last 3 years and averaged say $20/oz and sold right now @ $23.43 /oz I wont be retiring. in fact if you include postage and the premium fluctuations over this time I would only be marginally ahead. that is why I say it has been and still is < sideways> for all practical purposes unless you are trading millions of paper silver it is a different story.
I don't believe anybody and that includes dealers have doubled their money over the last couple of years in precious metals.
