My thoughts on tonight's smack down

D

Dusty Roads

New Member
Hi guys, just posting my thoughts on tonight's paper silver smack down. I get the sense that the central bankers are in panic mode, I feel like we have got a few wins on the board so to speak and they are short physical and long paper. Strangely I have never felt surer about my investment in silver than right at this moment as silver gets hammered yet again. Just thought I'd share this and was wondering who else was thinking along the same lines. Oh and you trolls don't bother posting your usual diatribe, it's getting so yesterday.

I stack therefore I am.
Keep the faith brothers we are WINNING.
OVER AND OUT
 
It's not the central bankers you need to worry about. It is the actual bankers that should scare the hell out of you.
A 50% or more reduction in the Greek debt will spur other European debt laden nations to do exactly the same thing. Conservative governments or not, whoever is in power will go down this path to stay in power to prevent the opposition parties jumping on the bandwagon first.
This is the middle of the end of the Euro as a currency.
Worse still is the walking away from debt will leave European banks insolvent. The kind of money printing required to save them would destroy the European economy anyway. This is a no win situation.
The central banks cannot save the day. They have never had this power. The myth of the central banks is actually perpetuated by these very same forums that are opposed to them. What is happening in europe is proof enough that central banks are like the wizard of oz. Go behind the curtain and you will see the truth.
 
as its my first year of stacking and all its ups and downs im half tempted to cash in part of my stack and just go on holiday and forget about it for a while lol
 
CB's stockpile gold and may use gold as money when it's opportune for them to do so (meaning when the price is elevated)....CB's have a vested interest in seeing gold's value rise dramatically.




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Maybe at a million dollars an ounce it might be worthwhile for them. The amount of gold they hold in relation to worldwide capital is miniscule.
 
These naughty bankers.
We should not take it to personally though, i see they had a smack down on Sugar, Wheat , and Feeder cattle, Corn,coffee and cotton as well.
It is almost as though ALL commodities took a hit.
I am not saying that this is going to happen, but in years gone by silver and gold often go up in the first few months of the year, only to come back down again (with interest).
 
darkclark said:
as its my first year of stacking and all its ups and downs im half tempted to cash in part of my stack and just go on holiday and forget about it for a while lol
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Please do not take this the wrong way, but if you need to cash in some of your stack to take the holiday.
THEN YOU ARE DOING IT WRONG.
Take it from someone who has been doing it for near a decade, money put into metals (other than for immediate flipping) should be money that was going to be wasted away on something else anyway.
If you ever watch youtube may i suggest a guy called "themicmac88".
He got into stacking and threw $30,000 at it only to have metals crash down and he lost his job.
I think he said he took a 50% loss on cashing out, but has now continued to stack only "numi"rounds,LOL
He has gone from being a full on bullion stacker that yells abuse at anyone who disagrees with him , to an anti bullion stacker who now abuses anyone who knocks numis.
Very very funny to watch him, he truly believes he is right (this time) !!!!
 
darkclark said:
as its my first year of stacking and all its ups and downs im half tempted to cash in part of my stack and just go on holiday and forget about it for a while lol
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Hang on. The Silver ride isn't over yet.

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Silver is like a young beautiful woman you can spend a lot of money on it ,show it off to your friends as eye candy, fun to hold but if you expect to make money on it you may be disappointed.
 
BoliverT. said:
Silver is like a young beautiful woman you can spend a lot of money on it ,show it off to your friends as eye candy, fun to hold but if you expect to make money on it you may be disappointed.
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And if you are not careful, someone will steal it from you. That's why you need to lock it away.
 
SilverPete said:
BoliverT. said:
Silver is like a young beautiful woman you can spend a lot of money on it ,show it off to your friends as eye candy, fun to hold but if you expect to make money on it you may be disappointed.
Click to expand...
And if you are not careful, someone will steal it from you. That's why you need to lock it away.
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Never have truer words been spoken ,but be sure it's your silver horde you lock away and not the woman.
 
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