I laugh at you as I read your brief comment. So sad.Caput Lupinum said:
Because a trend that is based on stockpiling (whatever including dollars) will always revert due to selling those stocks again.Aureus said:permabulls/bears will always end up being wrong because the world doesn't function going 1 way.
If you're not able to comprehend that then you shouldn't be investing, end of discussion.
2011 was a quick learning experiencing for some here, but more importantly, an event so severe that it's damaged the metals credibility in the eyes of big investors going forward. They will not be won over easily now, and as a result,
making a new high is going to be nearly impossible. If you figure your best case scenario is doubling your money in metals, it becomes crystal clear there are far better vehicles to invest in.
That's my take on it, and a large reason why i don't really post anymore. No point sharing constant negative outlooks to an audience trying to stay positive.
1 example is stocks. Certain companies/organisations/institutions borrow from banks (read: from governments central banks) to buy their own shares.rodmadman said:This time its different. Stacking now with the world in economic turmoil as it is is what I consider a safe dice roll. We can purchase silver for less than miners pull it ou of the ground for so that to me signals.a safe buy . The world in general has abandoned PMs in favor of microwaveable investments in hopes of scoring big and fast. Unfortunately for many of them they are going to be left holding the bag as the ponzi scheme comes to an end. I suppose then their will be a migration back to real money and reallity in general. So in conclusion, even if the value of PMs doesnt go up at all which is most probably not the case at least we wont be left holding the bag.
"remember the time" lol good one!Andy28 said:
Yeah.... I made a turtle-load from that trade.trew said:Remember the time when every second thread was 'silver going down to $XX' ?
BSPirocco said:1 example is stocks. Certain companies/organisations/institutions borrow from banks (read: from governments central banks) to buy their own shares.rodmadman said:This time its different. Stacking now with the world in economic turmoil as it is is what I consider a safe dice roll. We can purchase silver for less than miners pull it ou of the ground for so that to me signals.a safe buy . The world in general has abandoned PMs in favor of microwaveable investments in hopes of scoring big and fast. Unfortunately for many of them they are going to be left holding the bag as the ponzi scheme comes to an end. I suppose then their will be a migration back to real money and reallity in general. So in conclusion, even if the value of PMs doesnt go up at all which is most probably not the case at least we wont be left holding the bag.
That's the same as a governments central bank that buys governments bonds.
The behaviour has the same reason, and this shared behaviour qualifies for a "They".
"They" want suckers to waste their savings along buying the resulting prices.
And of course, "They" want suckers to NOT get out before them.
So, "They" keep things rosy, until they find enough suckers for their swap from Artificial World back to Real World.
rodmadman said:This time its different. Stacking now with the world in economic turmoil as it is is what I consider a safe dice roll. We can purchase silver for less than miners pull it ou of the ground for so that to me signals.a safe buy . The world in general has abandoned PMs in favor of microwaveable investments in hopes of scoring big and fast. Unfortunately for many of them they are going to be left holding the bag as the ponzi scheme comes to an end. I suppose then their will be a migration back to real money and reallity in general. So in conclusion, even if the value of PMs doesnt go up at all which is most probably not the case at least we wont be left holding the bag.