I predicted it, and a futher bloodbath in low ounce silver

J

jjrici

New Member
To those that bothered to listen I predicted this significant fall over 2013.

Now here is my next prediction:
a bloodbath for those holding low ounce bars at ridiculous markups to the physical prices.

It will be the same as those who bought into dodgy funds management schemes with high management fees and poison pill exit schemes.
It really doesn't matter if silver rebounds from here, those with such types of 'idiotic' investments will still incur losses.

Really quite amusing, because the strong hands always win.
 
no not at all there will be period of time when I DEMAND a significant discount to physical prices in order to buy, infortunately I rarely get my way at these times, because the mints will always take for a price.

But when its stage two and I start looking at the reasonableness of buying again, I am definitely not paying 20% premiums, just to obtain a possession. That's nuts, ive just given away 20% of my money (ok its fiat money, but it represents buying power) on intermediary markups. That's stupid.

So I hang on the side lines.

This is all about making money for me, pure and simple.
Yes its an alternative form, yet, it just a side way of making money, but when the shit hits the fan, I will be far ahead of others, because I haven't been paying all these stupid markups.
 
Are you buying in low quantities? I don't get even close to a 20% markup. My premiums now are close to 10% and that's only lately. Usually I get close to 6% premium.
 
jjrici said:
To those that bothered to listen I predicted this significant fall over 2013.
Click to expand...

Please provide a reference/link to your previous prediction. Thanks!
 
jjrici said:
To those that bothered to listen I predicted this significant fall over 2013.

Now here is my next prediction:
a bloodbath for those holding low ounce bars at ridiculous markups to the physical prices.

It will be the same as those who bought into dodgy funds management schemes with high management fees and poison pill exit schemes.
It really doesn't matter if silver rebounds from here, those with such types of 'idiotic' investments will still incur losses.

Really quite amusing, because the strong hands always win.
Click to expand...

Predictions are like....... Well everyone has got one...... lol you had a 50% chance of being right..... Congratulations you were one of the 50%.

I made the prediction it would either go up or go down, I got it right as well and I had more than a 50% chance of getting it right :)
 
jjrici, are you asserting that the high premiums charged by the Perth Mint for example will never be recaptured on the secondary market? Help me understand your position better.


.
 
jjrici said:
To those that bothered to listen I predicted this significant fall over 2013.

Now here is my next prediction:
a bloodbath for those holding low ounce bars at ridiculous markups to the physical prices.

It will be the same as those who bought into dodgy funds management schemes with high management fees and poison pill exit schemes.
It really doesn't matter if silver rebounds from here, those with such types of 'idiotic' investments will still incur losses.

Really quite amusing, because the strong hands always win.
Click to expand...

And exactly where would we have listened to you at? Your first post is on April 14th, after the big drop started. Where were you on April 30, 2011 or even February of this year? And yes it does matter if silver rebounds as the psychology will change and premiums will go up.

I don't normally give away my secrets, but I am predicting the sun will come up tomorrow. Stay tuned to see if I am correct. :D
 
jjrici said:
Now here is my next prediction:
a bloodbath for those holding low ounce bars at ridiculous markups to the physical prices.
Click to expand...

Like what bars ?????

Can't figure out what you are referring to.
 
jjrici said:
no not at all there will be period of time when I DEMAND a significant discount to physical prices in order to buy, infortunately I rarely get my way at these times, because the mints will always take for a price.

But when its stage two and I start looking at the reasonableness of buying again, I am definitely not paying 20% premiums, just to obtain a possession. That's nuts, ive just given away 20% of my money (ok its fiat money, but it represents buying power) on intermediary markups. That's stupid.

So I hang on the side lines.

This is all about making money for me, pure and simple.
Yes its an alternative form, yet, it just a side way of making money, but when the shit hits the fan, I will be far ahead of others, because I haven't been paying all these stupid markups.
Click to expand...

Your opinion is irrelevant and you can't demand anything as you are not in dominant position. All you can do is control your ego bit better because it's extremely inflated.
Like Chinese real estate or US debt. Take it easy, put your feet on the ground and enjoy life.
 
You should all listen to me. Only I have the real crystal ball!

:lol:
 
salty lemon said:
You should all listen to me. Only I have the real crystal ball!

:lol:
Click to expand...

Can I buy it? According to some I'm meant to have one....I feel so naked and naughty....sorry wrong forum lol
 
as others have said, 'yawn'.

Not my money (even if its fiat) on the line here.

But dont worry i will get my opportunity in the future, there are alot of weak amature players out there.

So pay those premiums boys and girls, listen to the 'traders' in this forum, trying to flog off their stuff at inflated mark ups (even if they in turn bought it for inflated prices).

Again not my money on the line
 
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