[youtube]http://www.youtube.com/watch?v=92njbf2Bj4w[/youtube] i know you cant get enough of Karen ....
Gold promotion is not different than other promotions. Shares the same: after a price uptrend. In supermarkets and stores promotions run along a price reduction. Funny difference? Or, the difference between thieves, and traders? And look at central banks, they sell gold low to their bullion buddies, and buy it high back from them, then fine the profits back. That's intelligence. The other side gets less ounces then less fiat. But indeed, gold has little to do with gambling, gambling gives everybody an equal chance, in contrast to thievery, where selected are given a higher chance. Two Buddies on the 4th Floor and they look and talk like Teletubbies, long forgotten what economy and trading and living together helping eachother is. On their Isle Far Far Away From The Working Floor.
The entire universe came from nothing, creation ex nihilo, so you could say that the Money For Nothing Club are simply seeking to become one with the fundamental nature of reality. They are on a deeply spiritual quest to touch eternity and to see into the infinite darkness beyond the primeval vacuum bubble that arose unbidden from quantum fluctuations in the timeless void that still haunts our souls. The audacious courage of these brave metaphysical adventurers should be an inspiration to us all.
Most commentators are right when they give commentary on what has happened. It is usually the forecasters that are wrong. You need to separate the dialogue between commentary and forecast. The first being logical does not guarantee the second being correct. This raises the question as to whether you are a stacker or investor, long or short? Most long term members of this forum are stackers, diligently increasing their stack in the most favourable of financial circumstances. The end game is to hold metal, not to hold fiat.
There is definitely a purity of purpose to the Gordon Gecko types. I would go so far as to say that their consciousless and all consuming fight for profit meets many of the definitions of zen. An impulse carried on in endless variation without introspective contemplation, just a never ending flight towards profit carried out with a still and empty mind in the chilling mechanical fashion of an insect or amoeba. At once acting with deep and complex analytical thought on the what and the how without even the briefest moments meditation on the why.
There is nothing genius about commentary. And without commentary pointing to a logical outcome, it is just fluff. So, if "logical commentary" does not lead to logical outcome, then doesn't that nullify most reasons for stacking? Even "the end game" is an apparition created by these commentators. To try and distinguish between "stackers" and "investors" is a little semantic IMHO. They both have the same goal, and to deny that stackers are not in pursuit of financial gain would eliminate any point or purpose of bothering to stack. In my experience, many silver investors tend to refer to themselves as stackers for the convenience of being able to ignore or self-justify losses. Once price is rising, they again become genius investors.
Quite the opposite, stackers are silver stackers not silver investors. They tend to stack as a hedge against the economy. Most don't like taking a hit within a buying cycle, but most accept that there are cycles. There are fundamentals that stackers adhere to which outway any short term losses or profits. The semantics are important, so I acknowledge your opinion is indeed humble.
Stacker vs. Investor vs. Trader etc BB discussed it: http://www.bullionbaron.com/2013/01/gold-speculator-investor-trader-saver.html Also here on the forum: http://forums.silverstackers.com/to...culator-investor-trader-saver-or-gambler.html