Who's pockets are hurting?

Raise your hand :|

 

Not mine as I count ounces.

Not fiat.

Other markets are also getting slapped around.

I have no need to trade my PM's at the moment.

My eyes are on the GSR.

But, BLOODY HELL someone is giving the market a belting.

 

It bothers me but just like anything you can get use to it.

Getting use to be being poorer is not so fun though, I dont recommend it.

 

Started buying a few years ago so I am averaging $26/troy ounce. On paper I am still a winner and that doesn't include any premiums .

I am trying to get excited about dropping prices on the pretext that I can buy more but I would rather the prices were rising and I didn't have to buy more.

I was going to profit take at the much touted $50/ounce but didn't quite get there.

I don't need the fiat at the moment, let's hope it stays that way.

 

i've got my physical holdings locked away, but i have been guilty of shorting the market, started on silver and will start on gold soon. Easy money with so many weak hands being shaken.

 

Not sure about you mate, but this episode has made me richer than before because now i've been able to purchase more tin with the same fiat.
so my ounces are up on what it would have been ...

SAVVY??

 

and if the price goes to $5 youll be able to buy a hell of a lot more, but you wont be richer.

and please, I beg you, I think we all do, please stop saying Savvy

2 words need to be banned on this forum:

#1 Fiat
#2 Savvy

Talk about cringe worthy words.

 

fiat is AOK as a word.

Savvy does kinda suck.

I did say I had my eyes on the GSR.

I REALLY only have one eye on the GSR.

The other eye is on Kate Middleton's sisters arse.

 

My pocket is`nt hurting , never invest what you cant lose , but i may reduce my position by about thirty or forty bars , I`m a bull for the long term , but i get impatient when i`m in the red .. lol

 

i want to add the phrases along the lines of "only gold and silver are real money and fiat is worthless paper". back to reality, i don't think i've seen an ad along the lines of:

[MEL] WTS 1kg kook. 4 goats or nearest offer.

since WROL hasn't happened, the people of the US aren't evacuating their farms and working for travelling carnivals, while china is still buying our stuff and you're still being paid in worthless fiat; stop calling it that!

/end rant

 

since WROL hasn't happened

WROL???????????

 

shaping up for a pretty decent dip here

the worst part about reentry is the full knowledge that it took from 2008 to 2011 before a decent rise

 

My pocket's been hurting ever since that BOATING ACCIDENT

 

c'mon... the time it took you to type and post that you coulda done a google on it. it's not MY acronym

 

Without Rule Of Law - think along the lines of society after a nuclear war.

Survivalists in the US use an unwieldy acronym 'TEOTWAWKI' - 'The End OF The World As We Know It'.

 

Yeah, and who wants to wait three years for a 400% return




(Low of 8.785 to todays $33)

 

That's correct, and then i'd be even wealthier! More ounces = more wealth !!

Of course what i'm saying is relying on the fact that these takedowns are short term in nature, and should be embraced by all people here who understand gold and silver.

SAVVY??

 

3 hummers in the pocket... Ouch somethings hurting, its not my pocket

 

Considering that in the not too distant future circumstances may force me to liquidate a portion of my stack, then yes my pockets do hurt just a little.

But if I cant get a good price, I just wont sell...... there is always a way to make money if you need it badly enough

 

if your looking for honesty then you might be testing a few ego's but yes I am on a paper loss right now, but ebay is still fetching $1300/kg so go figure