Is todays price trend the trend of the next 10 decades?
- Thread starter Pirocco
- Start date
Biggest troll of the next 10 decades.
Answers reflect the ridiculous question and most likely the troll who asked it.
Fair dinkum, you get paid for this crap pirocco otherwise you wouldnt do it. You certainly dont give a stuff about anyone else with your ego stoking.
Fair dinkum, you get paid for this crap pirocco otherwise you wouldnt do it. You certainly dont give a stuff about anyone else with your ego stoking.
G
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Eureka Moments said:
You being serious EM? Chill out man.
Sick of reading crap from people who are not fair dinkum.
"Is this the trend for the next 100 years?" ... if that aint a troll then tell me what is.
Comments only welcome from people who are fair dinkum which as most of you know means "for real" or "authentic".
"Is this the trend for the next 100 years?" ... if that aint a troll then tell me what is.
Comments only welcome from people who are fair dinkum which as most of you know means "for real" or "authentic".
Pirocco
Well-Known Member
He's right about the question.salty lemon said:
It's provocative, and also on purpose. How Evil!
What could be the Evil intentions of the pirocco crap?
Maybe I'm paid to spread negativism.
Maybe I try to scare people away from silver.
Maybe there are other maybe's.
I thought it addressed, in abit humorous-exaggerant way, a current thought of many now, including me.
Isn't it just a realistic thought that the price of silver could go sideways for a long time to come?
Because:
- In the end, everybody that buys silver as storage of value, has the intention to sell it again. It's all silver just temporarly stockpiled, and this implies that the price effect is temporarly too. That's just logic.
- We have had a decade of accumulating stocks/stacks. Just look at the coin sales figures and the implied net (dis) investment item on thesilverinstitutes supply/demand.
- A while ago I made the sum of all the coin sales figures I knew since 2000. Together with the ETF stocks (as reflected by aboves 'implied net investment'), they form about an entire annual supply silver. Even 2012 wasn't an implied net DISinvestment year, while the price average dropped ($35>$31) nevertheless, clearly showing that newly mined silver didnt find anymore the demand it previously did find (since 2011 ETF's ceased to add).
- The flat price during 1980-2000 was due to the sales of stocks accumulated in the 1970-1980 period. These sales undid inflation compensation, so other prices rose, silvers didn't, and golds one was held flat along CB sales (there are remarkable sales figures discrepancies between gold and silver, clearly indicating the impact of CB activity).
There are other scenarios of course. In the end, the role of storage of value is dynamically relocated to those products whose price increases lagged most others. But todays silver is still 4 times the 2000 price, so it's not like that it became dirt cheap now with that $20. In some past the claim was made, and true, that silver is a small market, not much money in it. Yet, some years ago, that truth ceased to be a truth. In my signatures topic is a calculation that proves it (post 55). The amount dollars moved in the silver market was in its $35-average year 2011, 59 times the amount it was in 2000. A market that became 59 times bigger, isn't a small market anymore isn't it? So the argument (that some make) that a small market only needs a fraction of other markets (dollar, euro, stocks, ...) money to see its price driven to the sky, was 59 times less applicable than it was before.
That 'ego stoking', I don't get though.
It's not like that I sit here with big profits and wanna show it off to all those in the Red now.
My stacks average is $30, and I said that many times here, so there isn't much 'ego' to show off, isn't it?
I try to do better now, using what I learnt, to average down quicker/more and the question of this topic, is asked from this perspective.
See this:
?Eureka Moments said:trew said:
Less than 10 metres would do.
We are now 2014. I made a topic. Simple and clear and short question, short oneliner openings post. Guess what? It's again not good haha.
Not even worth a reply, Oops I just have 
Pirocco
Well-Known Member
lara4691 recently talked about a purchase of silver bars from a fellow stacker here. Nothing special isn't it? Yet, this IS stackers selling at todays price level. Some talk alike it's always 'paper' that pushes price artificially down, but that's just bullshit, people do sell at the lower prices. One can see the same on auction sites. A year ago they refused to sell below $30. Now they are willing to sell at $20, and not just because they need the money. Talking in general, not necessarily same persons. That's just how it is. Well, there are some large stacks and stocks around, still unsold. Despite the $20. To troll, or not to troll. 
Pirocco
Well-Known Member
Ladies and Gentlemen from the United States,
We are now 08:00 NY.
The silver price is still USD 19.45
Ladies and Gentlemen from the European Union,
We are now 14:00.
The silver price is still EUR 14.15
Ladies and Gentlemen from Australia,
We are now 23:00.
The silver price is still AUD 21.81
Ladies and Gentlemen,
Please losen your seatbelts.
We are going... Sideways.
We are now 08:00 NY.
The silver price is still USD 19.45
Ladies and Gentlemen from the European Union,
We are now 14:00.
The silver price is still EUR 14.15
Ladies and Gentlemen from Australia,
We are now 23:00.
The silver price is still AUD 21.81
Ladies and Gentlemen,
Please losen your seatbelts.
We are going... Sideways.
But that doesn't mean anyone can make a prediction that far. You might be saving for your grandchildren, but that doesn't mean you'll know what the price of anything will be in 5 years, let alone 100 years.
Even Mike Maloney only predicts to 2020 and a lot of people think he's over-reached himself.
Even Mike Maloney only predicts to 2020 and a lot of people think he's over-reached himself.
Pirocco said:
I find your words highly unusual pirocco.
I would expect someone to post about stacking for "my" or "our" children, referring to "the" children is a bit weird.
Pirocco
Well-Known Member
https://en.wikipedia.org/wiki/For_the_children_(politics)Eureka Moments said:
* An argument for the protection of children from the exigencies of capitalism or of the adult world in general, such as child labor, military use of children, or other forms of child abuse.
* An argument for children's rights such as access to education and the right to thrive.
* a political tool[1][better source needed]
* a rhetorical phrase (e.g. "but think of the children")[2]
* an appeal to emotion
* a rationalization or justification
* a thought-terminating clich
You have some choices available.
Use this to pick one:
