No. You're a guesser and an attention seeker. Where's your fundamentals analysis? Last time I read your drivel you were shorting the S&P and predicting a crash.....how did that turn out for you? LOL :lol: Yeh, probably better for you to let that thread die and start a new one hey!
Due to the US election year effect, gold and silver might have another high; I am guessing gold to 1,380-1,400 usd/oz, silver to 22.5-23 usd/oz. Risk/reward ratio would be very favorable to short position at those levels.
The truth is, anyone can get virtually any number from almost any chart projected into the future. Using the chart silversale posted, in about a second I can map out just as silly a jagged red line going from around April 2006 to about November 2012 and just as confidently predict that silver will be going to at least $80 an ounce in 2017. These types of predictions based on past performance charts are nonsense. Don't believe the permabears or the permabulls with their pre-supposed predictions. .
still sideways for physical stackers for all practical purposes. I could not even sell silver 5% UNDER spot
Those a nice cows, that's why I don't eat them... Coming back to the perma bull statement being thrown around though, my understanding of the term perma bull means to be permanently bullish on something, which to me sounds ridiculous as all markets go up and down in time. Is my understanding of a 'perma bull' the same to other people's?
Your understanding of the term "permabull" is correct. Your conclusion of the rediculous mentality of permabulls is also correct.
I find the OP's chart analysis to be far too bullish. In another 500 years, anything silver-related will be worth absolutely nothing..
Good for the cows! And yes "permabull" is someone who is consistently positive and bullish. Some stackers refer to this type of person as "pumper" or "pumptard" or worse. Some claim that permabears don't exist, but I believe they are wrong. I think that someone who is always negative and bearish on the metals is a permabear. Maybe there are no stackers who are permabears but I'd say that there are investors out there who come across as permabears. .