Why are Au and Ag in freefall at the moment?

Discussion in 'Silver' started by AgDoc, May 28, 2014.

  1. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Mere semantics.... keep humping.
    I agree.
    Stop complaining. Stop blaming. Stop theorising. Just beat them. Ignore moods. Know what is going on.
    Fundamental only tells you where it should be. Market dynamics tells you where it is going.
     
  2. Pirocco

    Pirocco Well-Known Member

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    Fundamental is what it returns to.
    What you name as 'market dynamics', is just people making decisions, usually based on misleading, that make them lose, and others taking advantage of it, usually the misleaders.
    Clarity instead of semantics, that is.
     
  3. Pirocco

    Pirocco Well-Known Member

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    And if the local and cheapest dealer didnt have (oh coincidence) his website under maintenance, I'd bought 3 kilocoins today.
    In recent days I found some people willing to sell junk below dealer price. An .800 silver bracelet with 2 25 gram 0.900 coins with a hole through them attached to the bracelet, and a 26.73 gram 0.900 coin. Together 157 gram silver. And in a state sponsored 'eco' shop (that sells stuff people bring to them for nothing) I bought a nice 925 stamped bracelet with diamonds, for 1.50 euro haha. Beside the 2 925 stamps, the silver looks like real, not plated, the diamonds could be glass/whatever, I don't know, jewelry, know nothing about it. It does look really nice and the stones do give a very twinkling light reflection, that's all I can say. It's a typical thing at those eco shops, they have like 'standard' price ranges for certain stuff. Whether that stuff is made from plastic or stainless they (usually) don't care. On the other hand, there are things that it's like they think they're worth gold haha, they price it higher than new in a shop, for ex tools. It's cheaper to buy a new hammer in a shop than an old worn one at them.
    So, I added some silver in this... ehm freefall. Less than I want, but ohwell, we're going sideways for the next ten decades so lol why hurry. :D
     
  4. BiGs

    BiGs Active Member

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    I don't see my stack shrinking... what does this mean?
     
  5. Pirocco

    Pirocco Well-Known Member

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    Depends, does your costume gets wider? :D
     
  6. Pirocco

    Pirocco Well-Known Member

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    Why are Au and Ag rocketing at the moment?
    :D
     
  7. Phiber

    Phiber Well-Known Member Silver Stacker

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    With what ifs you can imagine any possible scenarios - does not mean they are particularly likely.
    Just another speculation story.
     
  8. Miloman

    Miloman Active Member Silver Stacker

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    Great point! I totally agree.

    I think it's great you noticed the word "IF" very observant of you to recognize the meaning.

    Given the scenario I also gave evidence of recent history as well as other evidence which is suggestive, so I won't say the scenario I suggest is wild speculation or outlandish at all which is what it seems you are trying to suggest.

    Secondly any prediction is speculation even the if it has a high probability of occurring including "sunrise". Such is life.
     
  9. tolly_67

    tolly_67 Well-Known Member

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    If this is a "free fall" then I am the next King of England.
    There is more drama on this forum than on the Jerry Springer show.
     
  10. Pirocco

    Pirocco Well-Known Member

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    I remember from end april 2011 that some Kitcomm users described the first $6 'free fall' (of the double top as a 'minor correction on the road'. According to the reputable technical analysis guys over there, the long term trend was still up. They tricked people in paying $49 for a second time. Then they offloaded for a second time too. Then they all followed haha. Couple days later, price was $32.
    Just to say, sometimes drama is a play too. :D
     
  11. Rick4691

    Rick4691 Member Silver Stacker

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    I bought my first ever gold this week, explains the drop in both gold and silver
     
  12. shinymetal

    shinymetal Well-Known Member

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    why is silver SKY ROCKETING!!
     
  13. Pirocco

    Pirocco Well-Known Member

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    It's expectable that the chance on larger price movements will continue to drop, as people learn from mistakes and become better speculators. The real question is another one: will we see a slow gradual price decrease, or increase?
     
  14. Old Codger

    Old Codger Active Member Silver Stacker

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    "why is silver SKY ROCKETING!!"


    Because you are reading the chart upside down!


    OC
     
  15. alor

    alor Well-Known Member Silver Stacker

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    more like reading the price from a mirror, $79.81 and gold is $4,521 :lol:
     
  16. Pirocco

    Pirocco Well-Known Member

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    He's on the southern hemisphere of the planet, even the moon is upside down there.
     
  17. Old Codger

    Old Codger Active Member Silver Stacker

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    Lateral Inversion!

    I remember it from my science class.


    OC
     
  18. Pirocco

    Pirocco Well-Known Member

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    And by the way, all these spikes up and down, are much like a cornered fly. At some point *PATS* and story end for 10 decades or so.
     
  19. swoydaz

    swoydaz Well-Known Member Silver Stacker

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    [​IMG]

    Waddya reckon boys?

    Buy, hold, sell?
     
  20. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    For multi billionaire Putin I'd say it be buy and hold. Buy = take for him.
     

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