How low can you go?

S

Sonic

New Member
I wanna see the price drop like it's fighting Ali in his prime. I want to see it drop down to its knees like a $10 whore. Here's to hoping it drops like my jaw when I sit in the front row of the bleachers and watch the cheerleaders at a high school football game. I hope it drops like a 12 year old boy's balls. I want to watch that silver ball drop after the countdown from ten on New Year's Eve. I want it drop harder than a Skrillex chorus. I hope it...ah screw it, you get the idea.
 
I hope it drops enough to force new investors who are either over-exposed and over-committed to silver to sell at a loss due to an unforseen large expenses or lack the patience to wait for the bear market to end.
 
Yeah, I'm loving this price drop too. Couldn't be more perfect timing for me and the state of my finances. A blessing from the PM cabal. :-)
 
You are not the only one who wants to see that...those who want to buy and poised to bring down their cost-average are probably at the top of the silver-to-its-knees rooting club. I think these folks will have their day in the next several months....maybe not $10 USD but another 15% drop from the $16+ we are at now I believe is very possible. If we do see about $14 USD, I think the trucks will be backing up and the silver mad dogs will be coming in for the feast.

Get out the feeding frenzy dinner bell and start dusting it off...we've got some hungry stackers out there getting antsy for some yummy cheap food!




.
 
I'm not sure how anyone who is heavily invested for some time... can be comfortable buying any more silver and still be very confident of the reasons why it will go much higher ie $100 an oz....because the POS has done nothing but the opposite of what we expected for the last 3 years.

There was a time when $26 silver seemed an absolute bargain...now we are down to $15ish.


I guess it depends on your situation which makes it seem less risky for some than others..
 
mmissinglink said:
You are not the only one who wants to see that...those who want to buy and poised to bring down their cost-average are probably at the top of the silver-to-its-knees rooting club. I think these folks will have their day in the next several months....maybe not $10 USD but another 15% drop from the $16+ we are at now I believe is very possible. If we do see about $14 USD, I think the trucks will be backing up and the silver mad dogs will be coming in for the feast.

Get out the feeding frenzy dinner bell and start dusting it off...we've got some hungry stackers out there getting antsy for some yummy cheap food!




.
Click to expand...


Yes sir. I just hope the premiums remain intact with the price drop. I can't wait. I'm glad I get bonuses at the end of the month. It forces me to slow down and dollar cost average. Funny, golden eagle coins had 74 1 oz horses for 34.69, they stared to get bought, I got 40 oz, and bam, in a flash the rest were gone. We will see that happen all over, if the premiums don't rise, you know? The kooks, with a Mintage of 500k will be consumed in no time. Anything with a minimum Mintage...poof, will consumed, IF premium follows spot. Next up, 2015 Pandas. Let's see how long 8 million last if they come out around 21.00 or lower!! Yikes. They'll all be gone in a week. :-)
 
Where's the dude with the Hemingway pic in his profile photo that kept saying over and over how silver will NEVER drop to $15 again. He seemed very confident, I'm wondering if his confidence is wavering? Lol..dunno his name though
 
Barsenault, you should def try to get some of your horses from Australia.

There is still plenty of stock and they're selling 100 x 1oz at 2450 USD.

Is there like some sort of market arbitrage for the lunars in the US?
 
Sonic said:
Where's the dude with the Hemingway pic in his profile photo that kept saying over and over how silver will NEVER drop to $15 again. He seemed very confident, I'm wondering if his confidence is wavering? Lol..dunno his name though
Click to expand...

I think that was silver vaulecreator - he has a big L across his forehead, and is getting beeched slapped by his wife. LOL.,
 
Altima said:
Barsenault, you should def try to get some of your horses from Australia.

There is still plenty of stock and they're selling 100 x 1oz at 2450 USD.

Is there like some sort of market arbitrage for the lunars in the US?
Click to expand...

Yeah, I think there is with shipping or taxes or something or exchange rate...But you can't find horses anywhere in the states for under 30.00. I think 34.00 is the lowest I can find in the U.S.
 
Ernster said:
I'm not sure how anyone who is heavily invested for some time... can be comfortable buying any more silver and still be very confident of the reasons why it will go much higher ie $100 an oz....because the POS has done nothing but the opposite of what we expected for the last 3 years.

There was a time when $26 silver seemed an absolute bargain...now we are down to $15ish.
Click to expand...
+1
I could tell myself that I like seeing my assets depreciate in value....
I could tell myself that the price of silver is low...
I could tell myself that in the end, I still have a shiny piece of metal to look at - and that that is exciting....
I could tell myself anything my ego wanted to hear....
 
Caput Lupinum said:
I hope it drops enough to force new investors who are either over-exposed and over-committed to silver to sell at a loss due to an unforseen large expenses or lack the patience to wait for the bear market to end.
Click to expand...

There are words and names for people like you who make such statements.
Auspm had similar sentiments.
Seeing people sell at a loss isn't worth cheering for.
 
barsenault said:
Altima said:
Barsenault, you should def try to get some of your horses from Australia.

There is still plenty of stock and they're selling 100 x 1oz at 2450 USD.

Is there like some sort of market arbitrage for the lunars in the US?
Click to expand...

Yeah, I think there is with shipping or taxes or something or exchange rate...But you can't find horses anywhere in the states for under 30.00. I think 34.00 is the lowest I can find in the U.S.
Click to expand...

The shipping from that place is a dealbreaker for me as it pushes the premium past $10USD.
 
It can go as low as zero...but the premiums will be about $19.00....cause right now that's what you are paying!
 
barsenault said:
Sonic said:
Where's the dude with the Hemingway pic in his profile photo that kept saying over and over how silver will NEVER drop to $15 again. He seemed very confident, I'm wondering if his confidence is wavering? Lol..dunno his name though
Click to expand...

I think that was silver vaulecreator - he has a big L across his forehead, and is getting beeched slapped by his wife. LOL.,
Click to expand...

Valuecreator was really arrogant. It was fun when it only took hours for his ultimate bottom call to be wrong. Whenever someone comes on a message board talking about all their past great investment calls, my BS detector goes off. If someone was as successful as that, they likely wouldn't be posting on message boards. The most dangerous people on message boards aren't the shorts, it is the long messiahs. Over the years, I have watched many of them lead investors over the financial cliff. I often wonder if they believe what they post or are they shorts in disguise. Either way, they tell readers what they want to hear and lead the sheeple to slaughter.
 
dccpa said:
barsenault said:
Sonic said:
Where's the dude with the Hemingway pic in his profile photo that kept saying over and over how silver will NEVER drop to $15 again. He seemed very confident, I'm wondering if his confidence is wavering? Lol..dunno his name though
Click to expand...

I think that was silver vaulecreator - he has a big L across his forehead, and is getting beeched slapped by his wife. LOL.,
Click to expand...

Valuecreator was really arrogant. It was fun when it only took hours for his ultimate bottom call to be wrong. Whenever someone comes on a message board talking about all their past great investment calls, my BS detector goes off. If someone was as successful as that, they likely wouldn't be posting on message boards. The most dangerous people on message boards aren't the shorts, it is the long messiahs. Over the years, I have watched many of them lead investors over the financial cliff. I often wonder if they believe what they post or are they shorts in disguise. Either way, they tell readers what they want to hear and lead the sheeple to slaughter.
Click to expand...

Nothing to add there, others than to say his ego was the size of the big apple. Hope he never shows his loser self around these parts. hehehehe.
 
add salt and vinegar to that apple :) and chilli too

POS keep going down till all the miners say enough is enough, them all the mines got bought over, then new miners come in again. :(

what a robbery,

but price of metal will remain stagnant.
 
Sonic said:
I wanna see the price drop like it's fighting Ali in his prime. I want to see it drop down to its knees like a $10 whore. Here's to hoping it drops like my jaw when I sit in the front row of the bleachers and watch the cheerleaders at a high school football game. I hope it drops like a 12 year old boy's balls. I want to watch that silver ball drop after the countdown from ten on New Year's Eve. I want it drop harder than a Skrillex chorus. I hope it...ah screw it, you get the idea.
Click to expand...

A $10 whore is cheaper than spot. I'm cashing in. I know what I'm buying. Sonic, who's your supplier?
 
I only started last month, and one of the attractions was that we are at a 5 year low. I've lost a bit on paper so far, but even if it drops some more I can average down.
I suspect I'll do ok in the long run. I feel for those that bought a few years back though, could take a long time to be back in the black (even if just mentally).
 
why do people need to see black???

they don't even want to see their white (Silver) :)
 
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