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His Silver His decision , who are we to judge ?
Dynoman said:To launch Spotmex one moment then suddenly divest your silver investment is like buying a Butchery one day then proclaiming your a Vegan the next.
Dynoman said:To launch Spotmex one moment then suddenly divest your silver investment is like buying a Butchery one day then proclaiming your a Vegan the next.
Yippe-Ki-Ya said:John - I don't think you made the right call, but i respect you for going with your instincts.
And whether you're right or wrong on this last call does not matter - your blog and videos are an education to everyone interested in silver.
trader10 said:I would start to think twice if I read or hear that Eric Sprott, Jim Rogers, Marc Faber, Carlos Slim, James Turk, Mike Maloney, David Morgan and so forth were selling or talking selling it....
hotel 46 said:kilo said:Dynoman said:To launch Spotmex one moment then suddenly divest your silver investment is like buying a Butchery one day then proclaiming your a Vegan the next.
So Bus drivers should only take public transport?
only if they stuck their head out to spruik it. :O
Dynoman said:To launch Spotmex one moment then suddenly divest your silver investment is like buying a Butchery one day then proclaiming your a Vegan the next.
hotel 46 said:kilo said:hotel 46 said:only if they stuck their head out to spruik it. :O
For the last few years the Bus driver is driving along on $20 an hour, he notices the number of people getting on and off the bus and thinks "geeze theres alot of people who catch the bus, Im on $20 an hour I bet i could make alot more if i owned THE BUS COMPANY! maybe I will sell a half share in the FARM and start my own Bus company"
so what makes you think he will do better as a bus owner? his farm venture has not done that well otherwise he would never have been a bus driver in the first place.![]()
trader10 said:IMHO, it doesn't really matter if John, Mary, Phil or whoever is selling their holdings..... at least not if they are only small investors....
I would start to think twice if I read or hear that Eric Sprott, Jim Rogers, Marc Faber, Carlos Slim, James Turk, Mike Maloney, David Morgan and so forth were selling or talking selling it....significant investors, central banks or countries are the smart money here....
If you do believe on the silver history, get ready for a wild ride folks....
IMHO, we are still a long way to the top.... to the mania talk...to the third phase. We have only now touched nominal highs..... remember gold when it touched nominal highs of $850's ???? if took a good 3-4 months to pierce that resistance and make it a support....look at it now....
Did anyone watched Ben(Bernanke's) nervous speech this morning ? The guy is clueless...he's never got it right and never will.... did you listen to his BS about the low inflation in US ? LMAO ! embarrising stuff !
Believers should be thinking of things like this:
- Central Banks have been for a long time net sellers.... NOW they are NET BUYERS !
- Eric Sprott interviews and research available.
- GFMS reports
- Our own PM(Perth Mint) - Expanding Our Silver Bar Manufacturing Capacity
- The possible default on the COMEX by JP Morgan, HSBC and few others on short positions
- At the current prices, industrials ( electronics, computers, medical, nanotech, solar, etc etc) will start or have already start to worry about prices and will or are accumulating on inventory...
- At least 6 states in USA alone have already start to at least think about new monetary changes backed by gold and silver (Utah, South Carolina, Georgia, Virginia, Tennessee, Montana. Countries proposing similar measures : Austria, Malaysia
Look at the big picture and not the small profit.... think of the wealth transfer opportunity you've got this time around.... and trust me...it only comes every 70 -100 years... so perhaps a change in a lifetime ? Window of opportunity I'd say
Don't worry about minutes chart, or even daily charts..... think big think down the track, think future gains....
IMHO, buy the dips and accumulate it.....and forget about it right now.... it will pay off massively in 4- 5 years IMHO !
The media and financial analysts will always knock it off and say it's a bubble..... they are always wrong...they are clueless or they are paid to say it so.....
This is history in the making...... in the 1980's, only the US and western europe were on this transition..... today, anyone worldwide are able to invest in precious metals....the problem and the beautie is..... when the everyday public wakes up for it and wants it to either protect their wealth or because it's the safest investment and monetary solution around...... than it will be definetely interesting times.....
Otherwise and only IMHO, interesting times ahead folks...... keep focused is the main game.
cheers
kilo said:hotel 46 said:kilo said:For the last few years the Bus driver is driving along on $20 an hour, he notices the number of people getting on and off the bus and thinks "geeze theres alot of people who catch the bus, Im on $20 an hour I bet i could make alot more if i owned THE BUS COMPANY! maybe I will sell a half share in the FARM and start my own Bus company"
so what makes you think he will do better as a bus owner? his farm venture has not done that well otherwise he would never have been a bus driver in the first place.![]()
I dont know how the new business venture wil pan out, all I am suggesting is the Bus driver has identified an oportunity.
trader10 said:IMHO, it doesn't really matter if John, Mary, Phil or whoever is selling their holdings..... at least not if they are only small investors....
I would start to think twice if I read or hear that Eric Sprott, Jim Rogers, Marc Faber, Carlos Slim, James Turk, Mike Maloney, David Morgan and so forth were selling or talking selling it....significant investors, central banks or countries are the smart money here....
If you do believe on the silver history, get ready for a wild ride folks....
IMHO, we are still a long way to the top.... to the mania talk...to the third phase. We have only now touched nominal highs..... remember gold when it touched nominal highs of $850's ???? if took a good 3-4 months to pierce that resistance and make it a support....look at it now....
Did anyone watched Ben(Bernanke's) nervous speech this morning ? The guy is clueless...he's never got it right and never will.... did you listen to his BS about the low inflation in US ? LMAO ! embarrising stuff !
Believers should be thinking of things like this:
- Central Banks have been for a long time net sellers.... NOW they are NET BUYERS !
- Eric Sprott interviews and research available.
- GFMS reports
- Our own PM(Perth Mint) - Expanding Our Silver Bar Manufacturing Capacity
- The possible default on the COMEX by JP Morgan, HSBC and few others on short positions
- At the current prices, industrials ( electronics, computers, medical, nanotech, solar, etc etc) will start or have already start to worry about prices and will or are accumulating on inventory...
- At least 6 states in USA alone have already start to at least think about new monetary changes backed by gold and silver (Utah, South Carolina, Georgia, Virginia, Tennessee, Montana. Countries proposing similar measures : Austria, Malaysia
Look at the big picture and not the small profit.... think of the wealth transfer opportunity you've got this time around.... and trust me...it only comes every 70 -100 years... so perhaps a change in a lifetime ? Window of opportunity I'd say
Don't worry about minutes chart, or even daily charts..... think big think down the track, think future gains....
IMHO, buy the dips and accumulate it.....and forget about it right now.... it will pay off massively in 4- 5 years IMHO !
The media and financial analysts will always knock it off and say it's a bubble..... they are always wrong...they are clueless or they are paid to say it so.....
This is history in the making...... in the 1980's, only the US and western europe were on this transition..... today, anyone worldwide are able to invest in precious metals....the problem and the beautie is..... when the everyday public wakes up for it and wants it to either protect their wealth or because it's the safest investment and monetary solution around...... than it will be definetely interesting times.....
Otherwise and only IMHO, interesting times ahead folks...... keep focused is the main game.
cheers
You do know David Morgan sold all of his investment portion the other day ...
Ernster said:David Morgan only sold 25% of his Silver and I think it was just his ETFS, stocks..
I am also prepared to go bust on my holdings in silver if it drops to zero.
You can call me a gambler