If they really want a rally they should roll out .... ELVIS IS ALIVE !!! that will get them going ...
Smart lad Stella,selling then. So where do you think it will settle. Short bounce at 20 day moving average.$38. Play eftmag?(paper silver) Then down to about $25....35? ?
The key to watch is the dollar. Nearly brake down last night, but managed crawl back over 73 and that saved the silver shorts. I still am expecting the dollar to test the all time low of 70.70 in the coming weeks before heading higher temporarily.
(Shhh dccpa! Of course they want to break it but we don't actually SAY it out load! Here, let me show you how it's done...) (LOUDLY) Oh what a shame it is to see the USD languishing so! My My, whatever can be wrong! We must all take action to save the world's reserve currency. Especially China! Default or Collapse would be unthinkable. It would have horrific consequences thoughout the the known world - and probably the orbiting space station too. We will take all steps necessary to protect and maintain a strong dollar!
yeh guys, the US dollar is being devalued every single day, but dont worry, silver is still going to drop considerably! great logic boyz
Hang on two secs. Stellarconcepts pulled the plug on the techs but kept the fundamentals physical is that right ? . Umm not that his mutterings make that much difference to me to be honest , with my hand on the pulse parrots are all over the joint umm good to see that there was an element of integrity . Jesus Christ . Sorry mate but you just fell into my iggy bin like a flea in my ear .
What's this with locking threads??? Sounds like a bunch of power crazy people here... FGS let people have their say - if you dont like it then unsubscribe from the thread!
I'm not subscribed to it but when I refresh it pops up as having a "new" post and for some reason I check it and for some reason the stuff at the end of the thread is a waste of cognitive function. IMO people now know John has sold his stuff have had a week to digest and comment on it and anything further should there be anything further should go on a new thread - If you havn't read/commented on the thread already you have a fair bit of reading to do - I will summerise it all in a thread soon for ease of use.
Something I have learnt in my old age is to step back and observe rather than look intensely at any one thing. The price for buying paper slv is clearly manipulated. By their own mouth it is at least 100 to one. Buying Physical silver at $8, $20 or $49 is a bargain for anyone holding metal longterm. Your grandparents didn't get wealthy overnight buying a couple of houses in the 60's. Paper Slipstreamers from all walks of life (and all levels of gov) are going to have fun in the short term in both directions, however a ratio of 100 to one worthless paper to actual product should ring alarm bells to anyone. Just my 2 cents worth
nothing wrong with taking profits - I fully empathise with the sentiments expressed it in the vid we are talking about no point riding a loss down to the bottom - investment is about corralling purchasing power
BS!! We're talking PHYSICAL silver here ... there can be NO LOSSES... lol - speaking of which, the spot price is currently .... umm $36.57/Oz = $1175.60/kg I think i'm gonna pump me some more PAMP as soon as i can in the morning.... **YAWN**
My biggest problem with interim selling is that you have to be right 3 times. If you sell at a profit, you have capital gains/income taxes. If you want long term gain tax treatment, you would have to use older silver purchases with a much lower tax basis. Then you have to rebuy at a price lower than your selling price - capital gains tax. Some people can do it and kudos to them. Most people just muck it up by setting the repurchase price too low and missing out on some of the returns. One of my investment/tax preparation clients kept selling my pm stock picks and trying to trade them. She not only had a lower return last year than my buy and hold clients, she also had a large income tax bill that the rest of us didn't have. I believe she understands now and will not trade as much. We shall see.
So you're able to buy on a dip but apparently it will be impossible for those of us who sold at the peak to get back in at a lower price. I can buy whatever you can buy. The only difference is I'm buying it out of my profits. C
