Hahah funny guy. :lol: Nope unlike you who was pushing noobs to buy Silver at $48 I stopped buying around $37. In one word premiums and not having much money in the earlier parts of my stacking journey. Are you "up" or "down" Yippee?
I always like to read stories like this. Correcting errors by carefully chosing the moments to buy. That's also my plan. Most of my silver was bought since february 2011, everytime when spot was $32,5. I'm euro and due to the stronger than now euro on those moments, my euro denominated average dropped to $29. At spot $32-33 I now undo 12% tax, meaning that I can sell to a dealer that offers spot +7% and break even. Not that I even consider selling, even if we would see again $50, I again wouldnt sell. If the price in the future gets dumped to $20, I'll just buy more silver. In the end, I hope to have done better than a bank account.
if it hits 50 im selling like crazy. Ill always keep a core but Im aa realist and Id be happy with a 70 percent gain on my investment.
Silver has been at the $29 mark for the last 3 Decembers in a row! I believe the difference is: In 2010 it was overvalued In 2011 it was fair valued In 2012 it is undervalued Well that's what I'm going to tell myself
you're wasting your breath mate. It's like trying to get a panzie to appreciate a good "rack" ... :lol:
Oh that hurts coming from you If it hits 50 you can bet itll be smacked down to 30s 40s or even 20s. at that point I can buy back in increasr my hpldings and put profit down on my mortgage. I have a friend who bought in at 18 sold at 46 and rebought at 26 kept his core and made 10 k. he must be a panzy too.
You guys make it sound so easy and so inviting... Look - if what you say does eventuate - then i'm going to have to go against my true self - and also become a paper panzie! but my wife aint gonna like it... :lol:
