What actually is a gold da bloom or silver da bloom

Discussion in 'Silver' started by ounces, Jul 27, 2013.

  1. ounces

    ounces New Member

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    I don't know if I spelled it correctly or not but what is a Da Bloom.
    Like the ones they talk about in the old Pirate Movies.
    Thanks
     
  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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  3. Argentum

    Argentum Well-Known Member

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    spanish gold coins
     
  4. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Isn't it "To da bloom!"?
     
  5. Pirocco

    Pirocco Well-Known Member

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    It's something that is said by people that want to sell to you at a bloom price.
     
  6. whinfell

    whinfell Well-Known Member Silver Stacker

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    Da Bloomst is one of the members on this forum :D
     
  7. alexisio

    alexisio New Member Silver Stacker

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    Maybe CC Blooms' son.
     
  8. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    I tought Doubloon wuz da captial of Ireland? 'hic'
     
  9. bloomst

    bloomst Well-Known Member Silver Stacker

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    You rang?
     
  10. Pirocco

    Pirocco Well-Known Member

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    [img=s]http://finviz.com/fut_image.ashx?relative_ytd.png&rev=635105837766322500[/img]
    This is an hourglass.
    The sand in the upper part, will stream to the lower part.
    What is green now, will lose the sand.
    What is red now, will receive the sand.
    If you aren't able to buy the red now, wait for a reoccurence of this hourglass.
    Never walk against the direction of the sand. It hurts. Stay at the bottom.
     
  11. Stark

    Stark Active Member Silver Stacker

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    Thanks for sharing this! I would still buy some palladium. I think that its usage will only increase, at least in EU. :)
     
  12. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Pirocco where did that chart come from? I wouldn't mind knowing how it is calculated.
     
  13. House

    House Well-Known Member Silver Stacker

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    http://financetrends.blogspot.com.au/2013/04/futures-and-stocks-ytd-performance.html?m=1 and original is from Finviz though not much in the way of an explanation of how it's all calculated.
     
  14. Pirocco

    Pirocco Well-Known Member

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    The link was in my post (finviz.com) and not sure what you mean with how it is calculated. All that 'performance' is, is a price comparison between two moments, in this case a year to date. If the price of a given commodity doubled since, then it's +100%. If the price halved, then it's -50%.
     
  15. danman49

    danman49 Well-Known Member Silver Stacker

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    Thanks Pirocco that one I actually understood! Must be the pretty colours. That is not saying anything against your other posts, it is just my ability levels don't quite enable me to digest all the figures you manage to string together!!!
     
  16. Pirocco

    Pirocco Well-Known Member

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    Take into account that this picture is just the max time frame available at finviz.com
    Silver is still green on a 5 years time frame and even top-green on a 10 years time frame. For those that buy silver as a longer term savings method, these longer time frames matter much more.
     
  17. PAGAU

    PAGAU New Member

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    Got some gold, got some silver, looking at the chart, time to buy some corn!
    Back up the counter-cyclical truck!
     
  18. Pirocco

    Pirocco Well-Known Member

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    Today I saw at a silver dealer in my region (where I bought most of mine) that he offers about 1500 silver coins (ASE / Maple / Phil) as a mix of various recent years, possible scratches/milk spots/etc, at a reduced price (not that much reduced though, 3%)
    That's silver that former stackers sold back to him in recent weeks. The dealer exists since 2009.
    Just to say, despite all the articles about 'physical demand' high, there are people out there selling back to dealers, at the lowest price seen in 3 years, meaning that the above coins very likely have been sold back at a fat loss.
    I wonder how long it will take for the dealer to sell these.
     
  19. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    :rolleyes:
     

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