Amazing Volatility!

ooooooh........I am not so sure if I understand the meaning of this post....Amazing Volatility...is it a reference to Silver or the Silver Stackers contributing to the post...both are quite volatile at the moment..
 
There's nothing special or newsworthy about the predictable and routine volatility of the silver price. It's a non-issue for virtually all stackers. For silver paper traders, it actually may hold importance.

What is important to intelligently discuss for most stackers, I believe, are the trends, long, mid, and even short term.

Lots of new stackers that I have come across the past year in different venues have been burned by lunatic-raving permabull hype. That's why it's important for those who are not 'ta da moon tomorrow' propagandists add their voices to these discussions....for the sake of integrity within the stacker community. If the propagandists within this community aren't challenged, then this community wouldn't be worth paying any attention to at all. Fortunately, there are those who challenge the incessant, fanatical 'to da moon' hype...they often are what gives this community credibility.



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menotcrimex said:
mmissinglink said:
menotcrimex said:
^ I don't think the to da moon or sideways comments are dangerous. Just annoying depending on your position/belief.

I think its dangerous not to have precious metals and dangerous to put 100% confidence in the politicians and bankers to pull the global economy out of this mess.

If you see your metals as an investment and cheer them on, I see that as normal. If you can cheer on a horse to win why not cheer on anything else including metals.

We are it would seem....very different.



Misleading, dishonesty, and hype is always dangerous when you are talking about what may be significant amounts of money being dumped into an asset that may comparatively perform very poorly for years to come.



.

I would like to think the grown ups here can think for themselves and buy when it is right for them. Anyone who purchased silver at $30+ may think this is an exciting buying opportunity. If you and CJ think silver and gold will not rise for three years or more wouldn't your time be best spent elsewhere in a asset you do believe in. Nobody needs saving so no need to worry about when others decide to buy or get excited.


That is why I have just sold most of my stack and bought an investment property
 
errol43 said:
This site name says it all.. SILVER STACKERS

NOT SILVERS SPECULATORS

REGARDS ERROL 43

Totally, absolutely agree! To obsess about a rise and fall of a few cents is the same as obsessing about whether to have toast or bacon for breakfast - inconsequential ad nauseum.

If stacking gives you pleasure and you come out even in a few years that is a bonus for a no cost hobby. There are quicker ways to get rich if that is the ultimate goal.
 
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