StellaConcepts $50,000 Trading Challenge - Discussion

So far you have been on the ball Stella. Possibly the most knowledgable person here. If you are wrong, I will concede that there is NOBODY who can predict the price of silver.
 
SilverSale said:
You've pulled the trigger much too early imo.

Quite a bit more downside left in this run :)
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I'm with ya there SilverSale... this is brutal! See the $110 figure in red next to the gold price, I cannot believe it!
 
stellaconcepts said:
Under 20 would suprise me.


apart from that, I don't expect to hit the penultimate extreme on any trade.
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Surprise :)

I am not posting to criticise your call, I know you have been right many times before, but I am genuinely interested in what your thoughts are on the market at the moment. Are you still holding? Looking to increase your stake?

I currently have a small part of my portfolio (~10%) in gold and silver which is the minimum level I plan to keep it, but I am starting to wonder where the bottom is and when/if I can increase my position.
 
Happened on news though, can't blame anyone for not knowing what's going on in Bens head.

Had he not opened his big mouth I still think it was a fair assessment to say silver under $20 was very unlikely.
 
best time buying now below 20 :), sat will need to go and buy in a hazy day here.
 
I hope Stella is OK. He has gone to Turkey I think and there are a lot of riots there atm!

All videos deleted from his youtube as well.
 
This was a tough read. Hindsight is 20/20 but I get the impression he was betting with his heart & not his head.

Akin to your favorite football team. No one knows where the price of silver is going to be long term but I think we all know what direction the momentum is for a long while now.
 
What actually happened here. I remember this thread popping up all the time a while ago but never paid much attention to it. I just read through this thread and now I'm even more confused. Is this stellaconcepts guy famous? Did he really sell his house and go all in precious metals? He hasn't been online in ages and deleted his youtube channel? Anyone here got all the juicy details?
 
This thread reminds me of the one with Some Math Guy on the kitco forums. The more you are wrong & them more you lose,the bigger fan base & defenders you have.
 
Hard to take anything away from the man.

He was telling everyone to get out when silver hit $48 & we all laughed, thought he was mental. :)
 
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