Seriously.....

[QLDSILVER]

Having been a stacker for so long, I am so sick of the continued manipulation. I was always aware that it would be a turbulent ride with massive price variation.(Theft) I shall remain firm (yet fatigued) and hope that in the end our faith in a ancient source of wealth shall remain true and correct. I understand that 'their' (Goldman, JP, Illum, Bild, Vat, Boe) attacks on this earthen produce shall continue, and that, with their relentless assault on the metals, they display their true trust in a commodity that shall indure.

Goodnight.

 

[thatguy]

Don't give up

you are here

 

[Matthew 26:14]

Name a market that's not manipulated ?

 

[southerncross]

Tis desperation is all, Go get your stack out and fondle it. Then know that it is yours and that one day in the future it's time will come and paper will be dead.

 

[House]

I've heard of people only stacking because of the manipulation aspect... that to me is not smart. There are many other fundamentals that make physical silver a very appealing buy and these are what I pay attention to.

Accumulate it, enjoy it and then get on with other more important things in life knowing you'll come out ahead in the long run.

 

[Pirocco]

Take into account that the silver that was sold and drove the price DOWN, was bought in a past, where it drove the price UP.
That 'manipulation' is just some people that frontrunned you in the buying order.
If you buy AFTER them, then you 1) pay the higher price and thus get less silver and 2) you drive the price further up, after which they sell, bringing you in the red.

So, there is a simple way to avoid becoming victim of the manipulators: buy when they are OUT. Thus AFTER they sold.
How do you know when that is the case? Check their stocks. Stock of Exchange Traded Funds and especially the amount silver futures contracts on the Comex.
Remember that fast and big 25% uptrend that started mid august and lasted only a 2-3 weeks? That was the frontrun in all its glory.

I bought silver this summer, everytime spot hit $26,5.
Since mid august, I stopped buying silver.
And now I'm sitting again ready to buy.
Waiting for them to dump.
Whether it takes a week, a month or a year, I have patience.
Why? Because as long as we don't see other prices / general price inflation going up in similar degrees as silver in recent years, we have time to wait.

 

[House]

I bought silver this summer, everytime spot hit $26,5.

Why $26.50 in particular? Are you waiting for the same figure again to buy?

 

[SilverSurfer77]

I bought silver this summer, everytime spot hit $26,5.

Why $26.50 in particular? Are you waiting for the same figure again to buy?

Might be waiting a while if he is, may look like this :lol:

Source:

 

[ironwood]

Damn right he'll be waiting awhile. :lol:

 

[southerncross]

Take into account that the silver that was sold and drove the price DOWN, was bought in a past, where it drove the price UP.
That 'manipulation' is just some people that frontrunned you in the buying order.
If you buy AFTER them, then you 1) pay the higher price and thus get less silver and 2) you drive the price further up, after which they sell, bringing you in the red.

So, there is a simple way to avoid becoming victim of the manipulators: buy when they are OUT. Thus AFTER they sold.
How do you know when that is the case? Check their stocks. Stock of Exchange Traded Funds and especially the amount silver futures contracts on the Comex.
Remember that fast and big 25% uptrend that started mid august and lasted only a 2-3 weeks? That was the frontrun in all its glory.

I bought silver this summer, everytime spot hit $26,5.
Since mid august, I stopped buying silver.
And now I'm sitting again ready to buy.
Waiting for them to dump.
Whether it takes a week, a month or a year, I have patience.
Why? Because as long as we don't see other prices / general price inflation going up in similar degrees as silver in recent years, we have time to wait.

So what if they don't dump again until $35.00 and the price go's to $75.00 will you still wait for a $26.50 chance ? Basing your choice on the paper market "might" see you left hanging in the breeze in the event of a sudden black swan or some other unforeseen market effect. I don't begrudge your sound practice for buying on the dips but for those that have no metal in the draw so to speak, do you not think it prudent to at least have something in the draw IE buy on a dip that suit's their purchasing power ?

Not everybody has the nous nor time to base their buy as judged on the perceived paper market, for a new stacker wouldn't it be prudent to just buy when they can as they can rather than trying to interpret every nuance of the paper market ?

 

[southerncross]

I bought silver this summer, everytime spot hit $26,5.

Why $26.50 in particular? Are you waiting for the same figure again to buy?

Might be waiting a while if he is, may look like this :lol:


Source: http://forums.silverstackers.com/uploads/3523_skeleton_in_sitting_chair_by_karlie_alinta-d4e2j74.jpg

Where can I get a dog like that ? No feed, no walkies but most of all no frigging hair, I want one.

 

[Pirocco]

I bought silver this summer, everytime spot hit $26,5.

Why $26.50 in particular? Are you waiting for the same figure again to buy?

On those moments, the $26,50 corresponded with 3 and 10 years recordlow futures market total amount contracts.
Also, IShares Silver Trust's stock averaged 10 Moz lower than since the uptrend (but this is almost neglectable, since 30000 futures contracts represent 150 Moz, which is 15 times the price impact of IShares Silver Trust.
So I decided to buy when most of the 'manipulators' were out.

About which price to target next, I determine that on the fly.
The silver demand and thus price is determined by all people buying/selling it.
So the price origins from their choices and keeping an eye on what they do, gives me an idea about which price is supported.
The price uptrend since mid august had something different than those we saw in the past couple years: the entire uptrend was almost exclusively caused by the futures market.
That had little to no help from other sides of the silver market.
Maybe those got wiser than once again buying after such an uptrend?
The price then dropped from $35 NOT due to the futures market. So alot sold physical/delivered silver there. Likely expecting a big dump and thus in the hope to buy back in low.
But I don't see a reason for a soon futures market dump. The euro currency came from a multiyears record low mid august, so they gonna support the euro until it's out of the 'danger' zone.
The dollar has enough downwards room, so they can afford to weaken it.
This kind of currency manipulation is an old manipulation method of central planning. Another example from the past, and a similar situation to the one today, is the european union in its development phase. The currencies manipulation was named 'Snake In The Tunnel', and origined from a politician/banker named Werner, hence the 'Werner Plan'.
This manipulation has one goal: avoiding any specific currency to becoming too weak compared to the rest, so that the EU countries regimes could spread their inflation throughout the EU zone, by blocking speculation from becoming too succesful. The same now happens on a world scale, and it's this that causes those huge dollar/euro superfluctuations, every big multiyear trend reversal together on the timeline with a major central bank operation.
Since they manipulate the markets in 'segments' (hence the perceived relation dollar up > silver and some other product prices down), the distance from the euro/dollar to such Tunnel boundary, gives a clue about whether the silver price sits near a bottom or top. These manipulators do all they can to avoid silver to rise when it doesnt suit this scheme, and vice versa, they do all they can to avoid silver to drop, alike now, explaining the high Comex futures market silver position.

 

[Pirocco]

Might be waiting a while if he is, may look like this :lol:
Source: http://forums.silverstackers.com/uploads/3523_skeleton_in_sitting_chair_by_karlie_alinta-d4e2j74.jpg

Everytime in the past I waited, I ended up with more silver than when I hadnt waited, and I'm still not a skeleton either.
Of course, one day a past price will have gone forever.
But as long as I dont see other prices catching up with silver, why would I be in a hurry?
It's actually dead simple: everytime the price of silver is driven up but other prices not, then it's profit in terms of purchasing power, and you see those big for-profit silver dumps.

 

[Pirocco]

So what if they don't dump again until $35.00 and the price go's to $75.00 will you still wait for a $26.50 chance ? Basing your choice on the paper market "might" see you left hanging in the breeze in the event of a sudden black swan or some other unforeseen market effect. I don't begrudge your sound practice for buying on the dips but for those that have no metal in the draw so to speak, do you not think it prudent to at least have something in the draw IE buy on a dip that suit's their purchasing power ?

Not everybody has the nous nor time to base their buy as judged on the perceived paper market, for a new stacker wouldn't it be prudent to just buy when they can as they can rather than trying to interpret every nuance of the paper market ?

Who is gonna buy the silver to bring that $75?
See, a price isnt an economical agent, it just results from what economical agents (people that buy/sell) do.
In order to bring last years $50, IShares Silver Trust's stock was 11000 tonnes on 9 march 2011, and reached 18639 tonnes end april. That was 7639 tonnes or about 206 tonnes / 6,62 Moz EVERY market day, for 37 days in a row.
In recent weeks, Ishares Silver Trust's stock dropped from 10077 tonnes to 9758 tonnes (and is again abit up since recent days).
Since april 2012, the biggest stock move of IShares Silver Trust was a mere 622 tonnes.
To revisit $50, we need people buying 8000 tonnes silver.
Good luck expecting that. I don't. At least not without other prices going up in comparable degrees.
The Quantitative Easings were commonly perceived as inflationary, but reality is that most of those new US dollars moved to a balance named Excess Reserves. After 4 years, most of it (80%) is STILL not spent. So why hurry to buy silver then? It's exactly the opposite, people are now waiting for higher prices, to SELL.
This is all my humble 'educated' opinion, so if you don't like it, just go ahead and buy everytime the sun goes up.
But then don't complain about manipulators / JPMorgan / etc later... They can only try to make you buy, in the end, and unlike tax/forced regulation, it's still YOUR choice to do or NOT do so...

 

[SilverSurfer77]

So what if they don't dump again until $35.00 and the price go's to $75.00 will you still wait for a $26.50 chance ? Basing your choice on the paper market "might" see you left hanging in the breeze in the event of a sudden black swan or some other unforeseen market effect. I don't begrudge your sound practice for buying on the dips but for those that have no metal in the draw so to speak, do you not think it prudent to at least have something in the draw IE buy on a dip that suit's their purchasing power ?

Not everybody has the nous nor time to base their buy as judged on the perceived paper market, for a new stacker wouldn't it be prudent to just buy when they can as they can rather than trying to interpret every nuance of the paper market ?

Who is gonna buy the silver to bring that $75?
See, a price isnt an economical agent, it just results from what economical agents (people that buy/sell) do.
In order to bring last years $50, IShares Silver Trust's stock was 11000 tonnes on 9 march 2011, and reached 18639 tonnes end april. That was 7639 tonnes or about 206 tonnes / 6,62 Moz EVERY market day, for 37 days in a row.
In recent weeks, Ishares Silver Trust's stock dropped from 10077 tonnes to 9758 tonnes (and is again abit up since recent days).
Since april 2012, the biggest stock move of IShares Silver Trust was a mere 622 tonnes.
To revisit $50, we need people buying 8000 tonnes silver.
Good luck expecting that. I don't. At least not without other prices going up in comparable degrees.
The Quantitative Easings were commonly perceived as inflationary, but reality is that most of those new US dollars moved to a balance named Excess Reserves. After 4 years, most of it (80%) is STILL not spent. So why hurry to buy silver then? It's exactly the opposite, people are now waiting for higher prices, to SELL.
This is all my humble 'educated' opinion, so if you don't like it, just go ahead and buy everytime the sun goes up.
But then don't complain about manipulators / JPMorgan / etc later... They can only try to make you buy, in the end, and unlike tax/forced regulation, it's still YOUR choice to do or NOT do so...

It may not be a buy that takes silver to $75, it very well might be a default :/

 

[Pirocco]

It may not be a buy that takes silver to $75, it very well might be a default :/

A default of who/what?
And how does that default then cause a $75 price?

 

[SilverSurfer77]

If the comex can't make good on a delivery, IMO the whole paper silver market will crash an there will be a rush for physical silver. If that does happen $75 will probably be conservitive.

 

[Pirocco]

If the comex can't make good on a delivery, IMO the whole paper silver market will crash an there will be a rush for physical silver. If that does happen $75 will probably be conservitive.

With If's, everything can happen.
And in your case, what is the price difference between buying remote silver and buying delivered silver?

 

[SilverSurfer77]

If the comex can't make good on a delivery, IMO the whole paper silver market will crash an there will be a rush for physical silver. If that does happen $75 will probably be conservitive.

With If's, everything can happen.
And in your case, what is the price difference between buying remote silver and buying delivered silver?

I don't know because I don't play the paper game. What I do know is ATM there is a connection between the paper price and the price I pay per oz at any bullion store or coin shop here in Australia. I believe there will come a time in the future when there won't be a connection between the two and you will pay a huge premium for physical, if you can find some. I don't want to be the one who is trying to catch the train just as its leaving the station, I am prepared and have purchased my ticket and patiently waiting on the platform and purchasing more tickets when ever I have spare fiat.

I guess I see the world ecconomic situation a little worse than you do if you see no urgency to convert as much of your worthless paper into something tangible as often as you can.:/

 

[TreasureHunter]

Thatguy: I think we're at the "Euphoria" moment. We're very high already.

I don't see why we are still buying while so high... yeah, I know about fiat money, but we should wait until the "valley" comes