i will tell everyone what the price will be in 12 months in 12 months time slow and steady wins the race. if i was in it for short term money making i would try anything but silver but long term look it will always be going up even when its going down. and remember only buy what you can afford to sit on for 50 years give or take 100 years LOL. i am small time few oz's a week when i have some cash , so i am not worried its a long term plan. so its all good buy when i can its simple way of saving LONG TERM for me.
And thats pretty much why i stack as well i agree with you thatguy 100% this isn't directed at you but i just don't understand why anybody wouldn't care about getting max ounces for their $. Price DOES matter and should matter for any stacker who's is smart, unless they are breeding chickens and trading them for silver. So far i haven't met anyone myself who doesn't use money to buy silver. So for the reset of us the spot price will enable you to gain more metal for you dollars if you wait for the right time to buy. Every week its getting clearer and clearer the direction its going and if anyone hasn't figured it out by now i don't know if they ever will. It doesn't have to be a stab in the dark if you use your brain, the charts are helpful and still are relevant, to throw them out the window because you believe they are manipulated is just as retarded as saying "price doesn't matter just keep stacking" I haven't made a large purchase for about 6 months and I am willing to admit that that purchase six months ago was a weak decision. I keep myself interested by buying coins I'm interested in and the occasional numi but i still don't think the signal to buy is here yet.
Yep that's real science! "Cut it out (the graph) and fold it in half!" = $18.50 prediction. Have another drink mate! Thanks for this post!
hmm Im thinking it might just go below $27... maybe $26.50 ... This could be a good buying opportunity...
All these "what do u think silver will drop too!!!" posts lately are doing my head in.... urrg. :| its gonna go as low as $0.01(cos it cant be worth nothing) and as much as A BAZILLION dollars. anything inbetween is a hallucination hahahah
dont worry bout current price unless u plan to sell soon, i check regularly to see if there is a jump up, for the jump downs dont really care unless i really have to sell silver i bought at a higher price
I bought before the 2008 crash and waited and watched as silver dropped 50% later to see it rise roughly 400%. All I know is that one day you'll wake up and find out that a middle eastern country has launched a nuclear weapon at London or a massive earthquake has hit the East coast of China wiping out major cities like Shanghai. In these instances if you don't have pm's before the event, you won't be able to afford them after.
Great theory for stacking...hardly reasonable though. I will make a large purchase when it goes below where the parabolic rise started in the first place. Somehow I think it's more realistic waiting for this price rather than an earthquake
Part of me hopes it drops to $25 and part of me hopes it goes back to $35. BOD/SOP Buy on dip/sell on peak. Either way I'm covered. As for anything I bought at $34 a few months back, that will do just fine when it hits $45. It's all about the average price. The best philosophy when it comes to investing or life for that matter is to understand the futility of regret. Learn from your experience. Just don't go crazy. And if you truly belive it's going to hit $100 when it's currently at $35, then it will hit $100 when it's at $25.
<iframe width="560" height="315" src="http://www.youtube.com/embed/GOZgoCew4v8" frameborder="0" allowfullscreen></iframe>
woops, tried to emmbed the video but failed :S anyway here's the link... great advice about short term noise within the silver/gold markets... good to keep in mind http://www.youtube.com/watch?v=GOZgoCew4v8&list=PLE28546B60EF30847&index=22&feature=plpp_video
have we seen this one yet ? i hadnt so posting it up. [youtube]http://www.youtube.com/watch?v=RJD0qTnwFyk[/youtube]
Comes back to mindset and understanding of the market. I agree with Mike Maloney on this one. What we see as the devil today might actually turn out to be our best ally long term. Love or hate the market manipulators as you please, but there's no denying the fact their participation in the market (ironically, funnelled by self interest) has created one of the cheapest buying opportunities in human history for cheap money. If you can afford to side step the cost of living and have available funds to buy money with your paper, the times are good right now. Once the population 'wakes up' and the shortages kick in and close the window, that will pretty much be it for this lifetime and in the case of silver (being destroyed) the last opportunity in history. A wise man once said make hay whilst the sun shines. Every day money is on sale, you'd be foolish to pass up the opportunity. I've been a net buyer of money since early 2010 and still buy (where I can) today, thankful the markets are being kept down as long as possible.
