Why didn't we see $16 Believes when the price rose from $19 to $22?

Discussion in 'Silver' started by Pirocco, Mar 26, 2014.

  1. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    Because they already had bought!
    And, sat ready to sell!
    The higher the better! :D
    Then, they sold!
    And, they talk 'bout lower.
    The lower the better! :D
    Rinse and repeat! :D
     
  2. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    I was thinking the same about you.
    Remember $30?
    Now you talk about $19. :D
     
  3. DanielM

    DanielM Active Member Silver Stacker

    Joined:
    Oct 23, 2012
    Messages:
    2,889
    Likes Received:
    29
    Trophy Points:
    38
    Location:
    Melbourne
    I still can't imagine people who bought at $40+
     
  4. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,502
    Likes Received:
    276
    Trophy Points:
    83
    Location:
    Gold Coast QLD
    yep, and we wont see that price again for a very very very long time


    <---------------------------------- SIDEWAYS ----------------------------------------->
     
  5. Silverman99

    Silverman99 Well-Known Member Silver Stacker

    Joined:
    Sep 27, 2011
    Messages:
    2,007
    Likes Received:
    827
    Trophy Points:
    113
    Location:
    Auckland New Zealand

    Believe me there were a large number of people buying at $40+ thinking it was going to the moon then
     
  6. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,986
    Likes Received:
    6,686
    Trophy Points:
    113
    Location:
    Sydney
    Give it some thought, then tell us your reasons.
     
  7. mmissinglink

    mmissinglink Active Member

    Joined:
    Sep 30, 2012
    Messages:
    6,009
    Likes Received:
    10
    Trophy Points:
    38
    Location:
    Everywhere...simultaneously
    Two or three weeks ago I was the one who was asserting that we were then headed for a bull trap....perhaps it was a baby bull, but still, lots of people over these past couple of weeks were allowing themselves to believe that spot prices were busting out of their dormancy.

    Oh well. You can only lead a horse to the water....



    .
     
  8. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,517
    Likes Received:
    639
    Trophy Points:
    113
    Location:
    Australia
    I bought at $50, I had been watching the RAM Kangaroos for years but was not going to pay $50 for $15 worth of silver.

    I still paid $50 for them but I didn't mind paying spot :) Same coins, same price, imaginary intrinsic value but I only bought one of each variety they had in stock and I gave up buying them because they are still too expensive.

    I spent a few years buying at $14 and $15 and even getting silver below spot on eBay, buying bulk lots of pre dec that no one else wanted apparently.

    At the time I swore I wouldn't spend more than spot on silver.

    Then when spot climbed to $20 I still had memories of buying Round Fifty Cents for $5 so I refused to pay $6-7 for them, until it went up to the $30s, and then $6-7 seemed a good price but you couldn't get them for spot anyway.

    I think everyone has come to silver at different times so they have a different view of what a 'normal' price for silver is. If nothing else it makes for some great differences of opinion.
     
  9. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    I didn't call after uptrends for higher.
    I didn't call after downtrends for lower.
    I didn't sell.
    I didn't buy back in.
    You must have thought about Mirror instead of Pirocco. :D
     
  10. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    Simple: because the Believes then were about $50.
    And at $50, the Believes were about $60.
    $100, $150, etc included!
    Of course, those Believers didn't wait for it to sell! :D
     
  11. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    :lol:
    I believe you! ;)
     
  12. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    Believing the mirror would have costed you money! :D
     
  13. House

    House Well-Known Member Silver Stacker

    Joined:
    May 1, 2012
    Messages:
    9,527
    Likes Received:
    287
    Trophy Points:
    83
    Location:
    Stack City
    [​IMG]
     
  14. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
  15. centenario

    centenario New Member

    Joined:
    Jan 20, 2014
    Messages:
    72
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Spain and London
    Where to now? 16
    I don't think so more like flat between 19-21 an ounce
     
  16. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Fk you're incredible.
    You're so full of yourself and your BS analysis that when your shitty target prices turned out to be exactly wrong and you got burnt, it was everyone else's fault and now they are all thieves. :lol:

    Here is an example of someone who has concluded a much better buy target price than you (about half of your $30), with no BS data, and you are already accusing them.... and price isn't even there yet! :lol: http://forums.silverstackers.com/message-655535.html#p655535
    It must really hurt your ego... huh?

    [​IMG]
     
  17. House

    House Well-Known Member Silver Stacker

    Joined:
    May 1, 2012
    Messages:
    9,527
    Likes Received:
    287
    Trophy Points:
    83
    Location:
    Stack City
    If you can't beat them, join them ;)
     
  18. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

    Joined:
    Oct 31, 2011
    Messages:
    7,079
    Likes Received:
    892
    Trophy Points:
    113
    Location:
    bosis
    Reminds me of a dire straits song...

    At wirk so cant link youtube.
     
  19. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    I don't empty the pockets of my fellow human beings!
    If I want something, I give something they want in return.
    That's what trading is, no? :D
     
  20. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    155
    Trophy Points:
    63
    Location:
    EUSSR
    Learn what trading is.
    It's not misleading to empty some1's pockets.
    It's giving and getting.
    You forgot the first.
    My 'BS analysis' is just finding out the presence of pickpockets on the marketplace!
    It's quite possible that the pickpockets don't like.
    But hey, an easy game is a boring game, no?
     

Share This Page