Defying Gravity

Court Jester said:
radiobirdman said:
Worst investment ever, still got shit laying around from the 80s/90s/00s/10s. $ want to buy some
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silver bought in the 80's and held on to STILL -- is a bad investment so you are correct

im trying to sell my silver as the price is about to crash back down. I suggest you do the same with that silver from the 80 and put it into an investment that actually makes good returns.
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I'm interested to know why you believe it's all about to crash back down to low 20s.
 
radiobirdman said:
Worst investment ever, still got shit laying around from the 80s/90s/00s/10s. $ want to buy some
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shouldnt you put "strategy" in between investment and ever?
 
Court Jester said:
finicky said:
Court Jester said:
ok where do you think it will land and settle at in AUD price terms?
At the moment I believe it is Defying Gravity and will come crashing back down to AUD $22-24 soonish (within 2weeks)
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Jester, my comments haven't been about the daily or weekly performance. The price is volatile and does look like its "defying gravity" in those time frames. Cant disagree that 22-24 looks possible. Looks like it needs a rest.

Just because the aud silver price is now around where it was 3 years ago, i dont see that as 'sideways'. The price was declining going into late 2014, and since then has been climbing. From the monthly chart, it is now accelerating, whatever might happen over a few weeks or even a month.
Have you noticed on the weekly chart (for ease of viewing) that the price on the climb out has now risen above not one, but the two final peaks made on the way down?
Click to expand...

like I said in the low 20 range where it has been bouncing around for the last 3 years if you were buying over that time-- for all pratical purposes with the buy / sell spread ( and premium fluctuation -- where you may not get it back ) + postage to hold the silver

you would be sitting on a slim profit now.

and don't bleat -- but you can sell it here to keep your premiums

as I have said its a buyers market now -- plenty of silver at or under spot = no premimum and by the time it sells this small blip could be over.

e.g. i have for sale 7kg of florins at 4% lower than the spot price and so far no bites -- so selling here in this type of market is not even easy UNDER spot.
Click to expand...

Fully agree.
I'm trying to sell as much as possible during this blip up but there is next to no interest and what people are prepared to pay is far removed from the recent gains in spot price.
This blip has no real cash value and is meaningless unless it can be sustained.
It seems the buyers are not buying the story of this supposed rally.
 
Silver bullitt said:
Court Jester said:
finicky said:
Jester, my comments haven't been about the daily or weekly performance. The price is volatile and does look like its "defying gravity" in those time frames. Cant disagree that 22-24 looks possible. Looks like it needs a rest.

Just because the aud silver price is now around where it was 3 years ago, i dont see that as 'sideways'. The price was declining going into late 2014, and since then has been climbing. From the monthly chart, it is now accelerating, whatever might happen over a few weeks or even a month.
Have you noticed on the weekly chart (for ease of viewing) that the price on the climb out has now risen above not one, but the two final peaks made on the way down?
Click to expand...

like I said in the low 20 range where it has been bouncing around for the last 3 years if you were buying over that time-- for all pratical purposes with the buy / sell spread ( and premium fluctuation -- where you may not get it back ) + postage to hold the silver

you would be sitting on a slim profit now.

and don't bleat -- but you can sell it here to keep your premiums

as I have said its a buyers market now -- plenty of silver at or under spot = no premimum and by the time it sells this small blip could be over.

e.g. i have for sale 7kg of florins at 4% lower than the spot price and so far no bites -- so selling here in this type of market is not even easy UNDER spot.
Click to expand...

Fully agree.
I'm trying to sell as much as possible during this blip up but there is next to no interest and what people are prepared to pay is far removed from the recent gains in spot price.
This blip has no real cash value and is meaningless unless it can be sustained.
It seems the buyers are not buying the story of this supposed rally.
Click to expand...
Where are all the wailers of price detachment now? :lol:
C'mon guys! Here is your proof!
You know who you are! Why so quiet?
 
wrcmad said:
Silver bullitt said:
Court Jester said:
like I said in the low 20 range where it has been bouncing around for the last 3 years if you were buying over that time-- for all pratical purposes with the buy / sell spread ( and premium fluctuation -- where you may not get it back ) + postage to hold the silver

you would be sitting on a slim profit now.

and don't bleat -- but you can sell it here to keep your premiums

as I have said its a buyers market now -- plenty of silver at or under spot = no premimum and by the time it sells this small blip could be over.

e.g. i have for sale 7kg of florins at 4% lower than the spot price and so far no bites -- so selling here in this type of market is not even easy UNDER spot.
Click to expand...

Fully agree.
I'm trying to sell as much as possible during this blip up but there is next to no interest and what people are prepared to pay is far removed from the recent gains in spot price.
This blip has no real cash value and is meaningless unless it can be sustained.
It seems the buyers are not buying the story of this supposed rally.
Click to expand...
Where are all the wailers of price detachment now? :lol:
C'mon guys! Here is your proof!
You know who you are! Why so quiet?
Click to expand...


That is why I have said for all practical purposes my trading range is sideways(mid - low 20's) if you are buying physical silver, as trying to take advantage of these price spikes is not as easy if you want to keep your premiums.

Also the reason I say 2weeks at a minimum for me to agree it is going up and not sideways as you need at least that long to take advantage of teh higher prices if trying to sell a decent amount of silver.
 
Court Jester said:
and its still going down
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Falling like a brick.

KxoB3Vu.jpg
 
Silver bullitt said:
Court Jester said:
finicky said:
Jester, my comments haven't been about the daily or weekly performance. The price is volatile and does look like its "defying gravity" in those time frames. Cant disagree that 22-24 looks possible. Looks like it needs a rest.

Just because the aud silver price is now around where it was 3 years ago, i dont see that as 'sideways'. The price was declining going into late 2014, and since then has been climbing. From the monthly chart, it is now accelerating, whatever might happen over a few weeks or even a month.
Have you noticed on the weekly chart (for ease of viewing) that the price on the climb out has now risen above not one, but the two final peaks made on the way down?
Click to expand...

like I said in the low 20 range where it has been bouncing around for the last 3 years if you were buying over that time-- for all pratical purposes with the buy / sell spread ( and premium fluctuation -- where you may not get it back ) + postage to hold the silver

you would be sitting on a slim profit now.

and don't bleat -- but you can sell it here to keep your premiums

as I have said its a buyers market now -- plenty of silver at or under spot = no premimum and by the time it sells this small blip could be over.

e.g. i have for sale 7kg of florins at 4% lower than the spot price and so far no bites -- so selling here in this type of market is not even easy UNDER spot.
Click to expand...

Fully agree.
I'm trying to sell as much as possible during this blip up but there is next to no interest and what people are prepared to pay is far removed from the recent gains in spot price.
This blip has no real cash value and is meaningless unless it can be sustained.
It seems the buyers are not buying the story of this supposed rally.
Click to expand...
I'm a buyer, pm if you have 999 silver at spot, I can do f2f in WA.
 
clear said:
Silver bullitt said:
Court Jester said:
like I said in the low 20 range where it has been bouncing around for the last 3 years if you were buying over that time-- for all pratical purposes with the buy / sell spread ( and premium fluctuation -- where you may not get it back ) + postage to hold the silver

you would be sitting on a slim profit now.

and don't bleat -- but you can sell it here to keep your premiums

as I have said its a buyers market now -- plenty of silver at or under spot = no premimum and by the time it sells this small blip could be over.

e.g. i have for sale 7kg of florins at 4% lower than the spot price and so far no bites -- so selling here in this type of market is not even easy UNDER spot.
Click to expand...

Fully agree.
I'm trying to sell as much as possible during this blip up but there is next to no interest and what people are prepared to pay is far removed from the recent gains in spot price.
This blip has no real cash value and is meaningless unless it can be sustained.
It seems the buyers are not buying the story of this supposed rally.
Click to expand...
I'm a buyer, pm if you have 999 silver at spot, I can do f2f in WA.
Click to expand...


Im not in wa so pay for business class airfares and ill sell you my silver at spot F2F.
 
Court Jester said:
clear said:
Silver bullitt said:
Fully agree.
I'm trying to sell as much as possible during this blip up but there is next to no interest and what people are prepared to pay is far removed from the recent gains in spot price.
This blip has no real cash value and is meaningless unless it can be sustained.
It seems the buyers are not buying the story of this supposed rally.
Click to expand...
I'm a buyer, pm if you have 999 silver at spot, I can do f2f in WA.
Click to expand...


Im not in wa so pay for business class airfares and ill sell you my silver at spot F2F.
Click to expand...

Hi Jester, I said PM - but that's ok, may I suggest if you have allocated silver (large quantity) being shipped, would you consider shipping to a respected dealer here in Perth and my group (stackers members) will make one EFT payment once shipment has arrived.
 
boneyard said:
This is Defying Gravity


https://www.youtube.com/watch?v=wObBrd9wB6M

3 minute youtube clip.

Comments?
Click to expand...
I saw this last week and was blown away.
I could visualize half a dozen heavily armed police flying in on these to make arrests.
A wee bit like that Tom Cruise movie "Minority Report"
There is a NZ guy who has a jet pack he is working on (Martin jetpack) and i suspect he has left it far far to long bringing it to market and all his work will be for NOTHING as it has already been superseded.
The Martin jetpack is at least 10X bigger only has half the altitude ability and does only slightly better on run time.
This machine looks very very maneuverable and i am jealous that i do not own one.
 
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