And your post ranks as one of the crappiest :/ And I see the marionette thanked you, it's about all he's capable of too. LMAO
I'm not getting into an emoticon war with you banana breath, you'd kick my a$$ [imgz=http://forums.silverstackers.com/uploads/753_fascism.jpg][/imgz]
Actually in fairness, there's probably 6 pages of crap in there, but now that most of the "my dick is bigger than your dick posts have stopped", sc and I are having a wonderful time.
I thought it was a bottom picking contest, not dicks. "I picked the bottom." "Yeah, but I picked it first." "I picked this years bottom as well as last years bottom." "Ive picked every bottom for the last decade." "Youve been saying that the bottom has been going to fall out for years, and your still wrong." "Ive made over 10000 posts...blow that out your bottom." "There is no bottom." I think Ive covered most bottoms in the above examples. If I havent picked your bottom please feel free to contact me and I will rectify the situation.
'is losing' is a trend, not a situation snapshot. Alike the difference between a price trend and a price. He said, and repeated "the point of our debate now? You say silver is money I say it isn't." "It IS" is clearly a snapshot, not a trend. I say that dollar, euro, etc fiatcurrencies are money. That gold and silver are money. Everything that people use in roles of money, implicites the declaration of it as money. It's as simple as this. So no, I still can't see the point of the discussion. All this is about, is a competition between kinds of money. Silver is clearly used by people as money, in the monetary role 'storage of value'. Today. The price didn't triple since 2008 due to industrial demand tripling. But due to monetary usage of silver tripling. How can this be denied?
"It is" is a snapshot. A trend is like 'goes up'. 'is losing'. So no, if you say now that you refer to it as a trend, then you are changing what you said earlier. Aside of this, IF you now make it a trend, then what? As said, it's not because there is a trend towards hitting the ground, that the ground is reached. The decreasing of the purchasing power of fiatmoney lies in the very reason for its creation, so your 'no longer a store of value' could be said 100 years ago aswell as now. Despite thisn, during the entire period, fiatmoney was, and still is, used in monetary roles. If you produce a stinking donut and nobody wants to buy it, then you can call those people crazy/whatever you want. The market is like it is. Your participation in it, is just one of the many, and the outlook of it is the sum of the whole, not you.
I think something was lost in translation there. Edited because I learnt something from bordsilver, my reply to pirocco was a smart-arse sophist argument. i hate smart-arsed sophist arguments.
referring to the original OP... you should have waited. ( hind sight 20/20 ) yeah but... patience in silver is even more valuable than silver these days. i predict more up. I know people who have been stacking since the nineteen eff'n 60's. they are up by %1000's im only up by %300 since 2006 (batter late than never) i was happy at %200 but it kept going... and going... then you wished you had sold at $49 two days before osama died! hahahaha now i am afriad that we"silver stackers" are all correct still hahahahah tho i'd rather die laughing and free ! the silver stealers want your silver look, when you get through reading this... um what? http://www.silverbearcafe.com/private/01.11/silverstealers.html
I figured this was cult BS but was curious to check the extent. The silver price in 1960 was 90 cents/oz according to http://www.silverinstitute.org/site/silver-price/silver-price-history/1960-1965/ And according to http://www.shadowstats.com/inflation_calculator?amount1=0.9&y1=1960&m1=1&y2=2012&m2=11&calc=Find+Out 90 cents in 1960 is inflation-adjusted to $7.07 now, ie. at current prices silver has returned 350% (not 1000s%) as a lifetime/intergenerational investment. But, as many posters would agree, real inflation is likely higher than offical stats. Shadowstats methodology suggests 90 cents in 1960 is roughly $30 now so holding silver since 1960 has given zero return. Sorry about the bad news, but nobody is up by 300% since 2006 because $10 to $30 is a 200% return (if only a price move from $10 to $10 gave a 100% return... ). (Actually on further thought there probably are currencies where silver is up 300% since 2006 but certainly not the USD or AUD.)
Sorry melty, clicked on the link and then got scared by pictures of Pilgrims. Guess you guys are part of the: "I, just like any market participant, choses whatever we think is better in the monetary role of storage of value" Pirocco refers to, or the: "LMAO, According to the silver institute in 2008 the demand for coins and medals was 65.3 million ounces , in 2011 it was 118.2 million ounces" sx refers to. Alright, that's one side of my equation accounted for, the UberNutters, so where are the OTC guys?
Oi Ballbag, at least include the relevant parts if you are going to quote me I think you might need to look at a name change Shiney... maybe Raw bear or Shiney Bear or.... Shiney raw bear, you sure got it bad for silver though. I hope your still around when silver does get back up there.
Hey everyone, I just got into silver about ten days ago and I have been trying to learn as much as possible in these ten days, before school starts and I can invest more time. NOW, I do not know the personalities on this web site at all so im going to just call this video as I see it. Since Raw Is basing his idea on Silver institute, then that should be the basis for a counterargument. IM pretty sure he looked at the data in the wrong light. Supply is meeting demand, according to SI. However the price goes up and has done so every year. (except a small dip in 07-08) http://www.silverinstitute.org/site/supply-demand/ How is this a bad thing? I can understand the fear of the bottom falling out, but looking at this chart I see the demand being met every year, dead on DESPITE the price hike. The price goes up while the demand is met. This looks to me that silver is only doing BETTER. With the amount of silver meeting demand right now and the price going up, why would you want out? When push really comes to shove the people holding physical silver will only benefit. Im very very new to this (with maybe 60 hours research invested), but comments would be appreciated! Ill keep stacking -ZERO
