I wish I never bought silver

ag2012.gif

Source:kitco
 
Well, if you're going to sell now I'm pretty sure people would get in line real quick if you offered it for spot. There are all kinds of people that bought high and are panic selling low, happens with every big move in just about every market in the history of markets. That's why some people go broke and others get rich.

I suggest you get used to this sucky range until after the US elections in Nov, then you'll see a little looser grip on the reins and a nice rise to end the year. Also, barring something catastrophic, I wouldn't expect QE v3.5 or whatever unofficial number they're on, until after the elections, it'd look like they're trying to rig that, which they are but don't want to be too obvious.
 
'Oh no the interweb people told me to buy the silverz and its gone down'

That's the nature of investment, invest in things you believe in, not what other people carry on about. I mean I'm offered 3 million dollars every day by the bank of Nigeria, but after doing my research it's not a sound or realistic investment :p
 
that top on that chart looks like someone giving the bird
2741_1511767.gif


i don't know what all the kerfuffle is about anyone who does the pm thing knows its a gamble for me the odds are much better than the horses so works out pretty good.

gee i buy and 10 Min's latter the price has dropped or gone up

so live to stack another day and for me its long term and like someone said back there it helps me sleep at night
 
uuuuuuuumm said:
that top on that chart looks like someone giving the bird http://forums.silverstackers.com/uploads/2741_1511767.gif

i don't know what all the kerfuffle is about anyone who does the pm thing knows its a gamble for me the odds are much better than the horses so works out pretty good.

gee i buy and 10 Min's latter the price has dropped or gone up

so live to stack another day and for me its long term and like someone said back there it helps me sleep at night

Good point, it's a gamble, so ask yourself which casino do you want to play in?
 
Sultan Pepper said:
I mean I'm offered 3 million dollars every day by the bank of Nigeria, but after doing my research it's not a sound or realistic investment :p

Oh crap.

I wish I'd read that before ... :(














:P
 
auspm said:
I'll give a simple two sentence surmation on this thread :

1 - Precious metals investment are a wealth protection tool, not a wealth creation tool. Commodity vector considerations in Ag aside, if you went into the PM market on the recent rapid rise purely for short term capital gains, you came in for the wrong reasons. Ag is the most heavily manipulated commodities market in the world today... you'd be either very naive or very brave to stake your investment dollars on predicting the top.

2 - I measure my stack in ounces, not dollars. There's a breakdown here in understanding and appreciating the fundamentals on precious metals investment. That's why I'm 100% physical long term with a cost average purchase approach. If you're still looking at your PM holdings from a fiat value perspective, you're honestly looking at it wrong.

That's my 0.2oz
Two sentences ? :lol: Huh ?......What ? Dont sentences start with a capital & end with a full stop ? :p:
 
BootyBandit, Yeah seriously you might want to consider selling all your Silver now because if it gets much lower than this everyone else will probably start selling soon and with no buyers the price may even crash down to zero, then you won't even be able to give that sh!t away!
 
auspm said:
I'll give a simple two sentence surmation on this thread :

1 - Precious metals investment are a wealth protection tool, not a wealth creation tool. Commodity vector considerations in Ag aside, if you went into the PM market on the recent rapid rise purely for short term capital gains, you came in for the wrong reasons. Ag is the most heavily manipulated commodities market in the world today... you'd be either very naive or very brave to stake your investment dollars on predicting the top.

2 - I measure my stack in ounces, not dollars. There's a breakdown here in understanding and appreciating the fundamentals on precious metals investment. That's why I'm 100% physical long term with a cost average purchase approach. If you're still looking at your PM holdings from a fiat value perspective, you're honestly looking at it wrong.

That's my 0.2oz

These are not sentences .They are paragraphs and quite long ones.

One question though.What is a commodity vector?

Is it legal if you get caught with any in your pocket?
 
From a pedantic perspective, he gave two sentences summarising the thread:

1. Precious metals investment are a wealth protection tool, not a wealth creation tool.
2. Commodity vector considerations in Ag aside, if you went into the PM market on the recent rapid rise purely for short term capital gains, you came in for the wrong reasons.

The balance of the paragraphs were perspective and opinion. Not sure what the numerals were in there for though! :)
 
JulieW said:
From a pedantic perspective, he gave two sentences summarising the thread:

1. Precious metals investment are a wealth protection tool, not a wealth creation tool.
2. Commodity vector considerations in Ag aside, if you went into the PM market on the recent rapid rise purely for short term capital gains, you came in for the wrong reasons.

The balance of the paragraphs were perspective and opinion. Not sure what the numerals were in there for though! :)

No they were represented as sentences when clearly they were long winded paragraphs with some big words as well.The paragraphs were intentionally formatted to confuse fiscal pygmys which is not cool.
 
hotel 46 said:
a fiscal pygmy bully? with long sentances to confuss us , nah not aus.
Big Words as well?

Buy the way a Commodity Vector is not a party drug.They are OK to carry around in your pocket.
 
auspm said:
I'll give a simple two sentence surmation on this thread :

1 - Precious metals investment are a wealth protection tool, not a wealth creation tool. Commodity vector considerations in Ag aside, if you went into the PM market on the recent rapid rise purely for short term capital gains, you came in for the wrong reasons. Ag is the most heavily manipulated commodities market in the world today... you'd be either very naive or very brave to stake your investment dollars on predicting the top.

That's my 0.2oz

Ask the OP if they think that their wealth has been protected.

There was a huge opportunity for wealth creation for those who recognised it.

C
 
First this thread and then the 600 oz im out thread! We have definately won guys. The cabal has run out of time. Expect the price to start going up around the olympics I would say as sport is the biggest distraction ever invented. Remember the movie wag the dog? Top up your stacks and most importantly top up your food and water supplies from here on in. Not too long to go now. Peace to us all. :-)
 
tozak said:
I'm a buyer at this price just based on the mining costs.


Were are you getting this information from...? I believe the mining cost of silver is SIGNIFICANTLY less than spot.
 
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