Hmmm, here is where it all starts getting complex From a global perspective, stacking silver is a truly minority pastime. If we even take all stackers and lurkers into consideration, most people do not think about stacking. They don't consider silver even once in their entire day. Can you imagine it? It is a sad but true fact. As true as the sun rises in the morning.
yes, but half of group A has a culture of debt and poor savings with a 100 trillion+ wrecking ball shackled to their collective ankles and half of group B has a culture of savings, the manufacturing sector and is the creditor with a couple trill in USD to burn the Europeans in group A - do they include the Ruskis?
I can't see it either, but the prospect of the disintegration of our monetary system is something I can't really grasp at all either, as history is the only guide as through the eyes of historians
the Ruskis are a mix but closer to Asians ( in respect to views on money and stuff, - and i said closer , nothing more nothing less )
Bang on. Maybe someone that experienced the tech bubble can give us some indicators of how things were rolling in that period
+1 again. I must admit I think we are further along in the cycle than we all think. I think that we have been in stage 2 for a little while. While it is nice to think that we have got in early, Silver has been booming for years. It would be naive to think that this is still just the start of the bullrun. Id love silver to fly to the moon, but I have a suspicion that everyones perception of the $ value that high are as varied as the comments in this thread. If you dont have an exit strategy and you are stacking it may be a good idea to reassess whether you are investing or hoarding.
I don't know where exactly we currently are but I've been watching silver for a few years and very closely for a year now. I had some doubts early on even after I'd bought heavily into Silver 2 years ago. The doubts have all but disappeared now. I can see the excitement slowly but steadily building. I understand now how you get the gradual build-up for awhile before it just goes viral or parabolic. I don't know about the phases, I think they are only rough anyway, but what can't be denied is that it is building. How far out from top, I would say at only a very rough guess I think at least 2-3 years, but I'm not going by that, I'm monitoring the situation so that I'll see(hopefully) if it is sooner or later. What fascinates me the most about this is the psychology. I think if someone were to present a detailed scientific study on how this happens it would be very interesting.
I believe it was this fear that caused the blow-off top in 1980 and I believe it is this fear, that people think our monetary system is about to collapse, that will do roughly the same thing again, but probably to a larger degree.
.... groupthink? Gotta keep up with the Jones. They dont have silver.... why the **** would i want it? Gold....? what am i going to do with that?
Here's a good article by Denninger about parabolic blow-offs http://market-ticker.org/akcs-www?singlepost=2411685 Having to only be out by 1 day to lose half your money is pretty scary.
With all these internet ads saying $250 silver prices, I think I will be happy to sell all at $249 just before everyone else...lol..I could take the $1 ounce hit.
I've been a lurker for 1 month now. I started stacking in January '11. I enjoy this forum quite a bit and have currently stacked 40% of my goal for 2011.
Welcome RMP ... it's a great forum. Keep stackin at that rate. I started in Dec '10, went well over my budget, but managed quite fine. Should be knocking off some debt, but these guys just keep offering such good deals, I can't resist.
Thanks for the welcome! I wouldn't consider my goal too small, but I am expecting to more than double it. The last month was definately a binge. I am still one of the guys hoping the POS will drop.
We're in Phase 3? Err .... no. [imgz=http://forums.silverstackers.com/uploads/478_rally2.png][/imgz] src: http://www.youtube.com/watch?v=VKjb-6YMNuM
