I don't accept what crazy squint guys on YouTube say as truth. The fact that he calls himself rawdog is even more reason to ignore this idiot. Clearly he believed in PM as he bought in. Now that it is not moving up fast enough it's time to quit. So clearly his view has changed recently 180 degrees. Give me a break I will not lose my wealth ( or as you put it everything I own) if I stay in PM. Unlike these people who have lost most of their wealth on stocks or other get rich gimmicks. I unlike most SS have been through this before living in a country with massive inflation and depreciating currency. The government keeps telling you all is well while the walls are falling down. Ok you sell all your PM and buy stocks bonds and keep cash - that is the alternative. Then you can buy all the material things you want like holidays and cars etcetc. Let us see your position in 3-5 years. I will stick to PM and other rare tangible assets. Let us compare in a few years....I have been in this a long time and I have patience - raw dog is a bumptious idiot who is by comparison a newbie and is not worth the effort of any real discussion.
Why will it get to $100 and when? And don't use the word "history". Tell me what will prevent you from doing so, and don't use the word "history".
This dudes other video where he is holding an ArmaLite 15 (ie M-16 assault rifle) is a little on the disturbing side.
I prefer to watch quality clips on youtube...like McHammer clips...more enteraining than those showpony on silver.
seriously, I don't know and don't care. Now that I'm thinking about it, it will probably never reach $100. Now that you know that, If you want to get rid of some or all of your metal, I can give you a great price. my point is: you need to make the difference between PRICE and VALUE. For Peasants like this guy think its the same thing. most people do. and don't ask me to explain it to you. do your homework.
I don't think 2013 is the year PMs crash, however, some arguments he brings forward are valid. As is my thinking, with all the damage the Fed has been doing PMs should have already risen considerably, the fact they haven't has forced me to change the way I invest. You need to learn through all of this and evolve your strategy accordingly, if rawdog feels safer bailing out so be it - I don't really blame him and it's smarter than holding something because you think the US is going to implode. You're all at the mercy of traders, and as an intelligent bunch you should know that they're not about to make any of you rich. Hope for $50, but if you're holding out long term to become rich then you need a reality check. You all like to paint a picture that the US is doomed, but the reality is quite different - they're not Zimbabwe and they're not at any risk of being challenged as world police. That is enough fact to dismiss history repeating itself. "if you invest in silver because historically it has been viewed as money you deserve to lose everything you own." Agree 100%
While i dont agree with much of what he says, he will be proven right or wrong in due course. We're in the midst of a major turning/pivot point imo. When I sold my pm's in 2011 I got sniggered at by half the forum, turned out to be an excellent trade! Moved my money elsewhere for over 12 months while silver dropped. Those that invest the opposite of the vast majority make the money.
you made one of the worst rookie mistake and you don't even know it... Pros know you can't pick bottoms or tops, especially in THIS bull-market. if you trade in and out of this one YOU WILL get slaughtered.... eventually. Normalcy bias is the worst handicap right now. This is a crisis. The bankster have a plan for you. and it's not pretty. end of story. They're keeping you asleep using price action. And it works, like Pavlov dogs. Price doesn't mean anything anymore, it's a phoney! get used to it. the machines are running the show, all you can do is stack-up, compound your bullion, and wait the end of Kondratieff winter. Machined price action 48 hrs apart... it's a phoney. Like plays you run in a football game. If you run the same play 48 hrs apart then its obvious. block out the noise.
I just love the condescending nature of your posts vc. Value? Mmmm. a subjective term based upon one's own experiences , predictions and a price point in time. Hows this then, silver will lose it's vvalue. :lol:
So taking profit was a mistake ? Being able to buy back in even today for less than he sold was a mistake ? Using the money to make profit elswhere was a mistake ? You cant pickbottoms or tops ? What a crock of shit anyone can get lucky & pick one or the other it mightnt be through research but it can be done Oh give me a break . Your just another permabull spruiking to the masses
Ha ha shame youre not a pad up member, you should have seen what I said about you in the Doug Casey thread in the pvt members forum
Did something right ? hahahaha. You guys think i read your posts & just jump on it for fun .....NO !!!! there comes a time when i see total BS & have to say something .
That's what I mean. You're the perfect contrary indicator. Just like the guy in the video. is he a cousin of yours?
Rawdog just doesn't get it. Or maybe he's needs the cash and can't afford to keep it in PM. His rant is a self justification... Can I get 5 mins of my time back.
I've de-bunked all your time-wasting posts in the past Baron. I obviously made money & you didn't. Jealous much?
Like i said some get lucky ...he got lucky ...good on him Words are one thing actions are another .He took action .Im happy for him I see your selling a bit lately at the bottom of the market ..Hmmm looks like sour grapes to me . I bet you wish you sold yours at the peak .Who cares about analysis you have plenty of analysis & its not doing you any good selling now is it ? Bullion baron selling at the bottom of the market . Why dont you write a blog on that ?
