HOW TO NOT FOCUS ON PRICE

valuecreator

valuecreator

Well-Known Member
Silver Stacker
I cannot possibly stress this enough: please do not merely focus on price direction. Do not do it. That's the quick-and-easy, sure-fire, fastest, one-way ticket to the funny farm!

Ok? Price is a short term factor that the banks have nearly complete control over, and it's their main mechanism for managing your emotions, your thoughts, and most importantly, your behavior. Remember when the banks manage prices, they're not trying to manage price so much as they're trying to manage you.

Silver and gold don't mine themselves. Silver and gold don't buy themselves. They don't place themselves neatly into random homes or storage facilities. Silver and gold don't actively do anything.

When banks hammer these prices over long periods of time, it is with the intended effect of conditioning your behavior. Silver isn't the real target, you are.
Click to expand...

http://thewealthwatchman.com/mental-training-for-the-fight-concerning-price-action/
 
valuecreator said:
I cannot possibly stress this enough: please do not merely focus on price direction. Do not do it. That's the quick-and-easy, sure-fire, fastest, one-way ticket to the funny farm!
Click to expand...
And since when does anyone not focus on the price of anything they are purchasing? :lol:
Anyone who follows this advice has surely already arrived at the funny farm.
 
dear wrcmad,

Denial is not a river in Egypt.

Keep counting your wealth in $.

I'll keep counting mine in Kg.

Everybody is happy :cool:
 
wrcmad said:
valuecreator said:
I cannot possibly stress this enough: please do not merely focus on price direction. Do not do it. That's the quick-and-easy, sure-fire, fastest, one-way ticket to the funny farm!
Click to expand...
And since when does anyone not focus on the price of anything they are purchasing? :lol:
Anyone who follows this advice has surely already arrived at the funny farm.
Click to expand...
In the famous words of bugs bunny ..the..the...the....the...thats all folks :lol:

Vc ...ride that silver bull like your at the local show in front of your nana.. i will confess to trying to ride a bull at a local show when i was younger ...fk it hurt when i hit the ground .Payed $20 at the time to hurt myself ....bargain . Although the $1000 prizemoney would have been nice ....to buy dencorub .. :p:
 
valuecreator said:
Reno, this forum need more scholars like you :)
Click to expand...
Thanks i'l invite the rest of my 2 headed relo's 1 even has a bit of a hunchback ...hes a hoot at parties . :D

You post such crap sometimes vc. so you dont consider the price at all ? what a croc of shit ! All i see is you pointing to the low price & saying buy ,buy, buy. lol your hilarious you contradict yourself all the time .

I happen to agree with u thats its a good time to buy but i dont agree with your blind faith & the " I was talking with my wife" & " I was talking with one of the big guys " ....so what !.are they nostradamus ? your so called big wig is falling of the bull as we speak .lol.


Its all good you keep posting i'l kep giving u my 2c .
 
I consider price.

I do not focus on it.

specially the way the markets are set up right now.

one day when I have the time I'll do a post how I've switched my finances to a gold standard, and how to operate when everybody else is on a $ standard.
 
valuecreator said:
dear wrcmad,

Denial is not a river in Egypt.

Keep counting your wealth in $.

I'll keep counting mine in Kg.

Everybody is happy :cool:
Click to expand...
Nothing wrong with knowing how much you have in each is there ?
 
vc can i ask a question ? Will you ever cash out at some stage to buy a house or toy or some luxury you always wanted ? You can see where im headed cant you ? :p: . $ amount is always important to know ....just sayin
 
1/3 gold
1/3 land
1/3 fine art

when the time is right.

These are special times, so I'm all in gold-silver.
 
hmm i see . What will you be paying for that art & land with ?

edit.. notice i didnt ask about the gold because you can do gsr swaps for that But i would have a guess & say the bulk of your stack has been paid for with cash
 
Sure as hell glad I didn't listen to VC, Mr. Know It All, who always buys low, and sells high, and has never made a mistake; who's poop smells like roses, and has a wife who slaps him up side the head when things need to make sense for him. I guess you were wrong, and um, Dan Noricini right. If I had listened to you, I would be a 1,000.00 poorer in my purchase of 30 kilo coins, but because of your idiocy, and because you're a pumptart like Turk, Morgan, Alaistair, Turd, Duane, etc...I was able to step aside from the pump & dump scam artists like you/them, and just be patient. Oh, I know, you haven't bought yet. You're waiting for it go lower, of course we beliieve you. You need a bridge? LMAO.
 
lol ok. I can see it all now . You at the art auction & people asking you" how much do you think its worth " & you say " about 22 ounces" should be a WTf moment for whoever your talking to . Or the bidding war" 25k 25k 25k selling at 25k" & you jump in with "18.36 ounces" lol can you call me when your doing it i would love to be there. :lol: hahaha oh dear im giggling here . 99% of people talk in $ amounts you will be the leper .

I understand where your coming from but you need the dollar amount in real life when discussing the price of anything but metals & the only time you dont mention $ is when your doing a gsr swap all other times its spot price How is spot price showed & traded ...wait for it .... in dollars .... so to say the dollar price is irrelevant is rubbish . Seems relevant enough for the world to put a dollar price on it ...but not you & a couple of other tin foil hat wearers.
 
renovator said:
lol ok. I can see it all now . You at the art auction & people asking you" how much do you think its worth " & you say " about 22 ounces" should be a WTf moment for whoever your talking to . Or the bidding war" 25k 25k 25k selling at 25k" & you jump in with "18.36 ounces" lol can you call me when your doing it i would love to be there. :lol: hahaha oh dear im giggling here . 99% of people talk in $ amounts you will be the leper .

I understand where your coming from but you need the dollar amount in real life when discussing the price of anything but metals & the only time you dont mention $ is when your doing a gsr swap all other times its spot price How is spot price showed & traded ...wait for it .... in dollars .... so to say the dollar price is irrelevant is rubbish . Seems relevant enough for the world to put a dollar price on it ...but not you & a couple of other tin foil hat wearers.
Click to expand...

that was good, thanks for the laugh. I guess I would be the leper until I buy the bloody thing :D

But then, answer this:

If the currencies are going to zero (as they did 100% of the time in history), why should I store or value my wealth in said currencies?

If your answer is: because everybody else is. wrong answer!

by the way I'm telling what I've learned from an individual that has a bigger net worth than this entire forum put together.

I'm just the messenger.
 
Who said to store your net worth in currency ?

I know i didnt . I would never store everything in cash . thats a fools game .
 
valuecreator said:
dear wrcmad,

Denial is not a river in Egypt.

Keep counting your wealth in $.

I'll keep counting mine in Kg.

Everybody is happy :cool:
Click to expand...

Yes VC, I'll keep counting in $ - it is the only conversion reference ATM.
Permabulls like to withdraw from reality and count in oz's/kg's in downtrends because it sugar-coats their losses.
When prices were rising, it was all about the $$$$$ and to da moon. ;)
 
You must log in or register to reply here.
Back
Top