Stellaconcepts sold his investment portion of silver

THUCYDIDES79 said:
Great Ideas, however IF ALL PARTICIPANTS ARE AWARE OF IT THAN IT MAY/WILL INFLUENCE the choice of words in our posts.

why not just make a vote thread where the question is

Where is silver SPOT in 1 month, 4 months & 12 months relative to where it is now?

* spot + a% ... where a is annualised return of 20% +
*spot + b% ... where b is annualised return of 7% +
* flat
* spot - x% ... where x is annualised loss of -7%
* spot -y% ...where y is annualised loss of -20%


That is a good VOTE question to indicate sentiment based on figures. One could assume a certain amount of emotional attachment to each choice, but they would only be assumptions. However, there is such a variety of threads that the emotional content is quite spread around and may not be directly related to figures or numbers as such.

Yes, people could be influenced to be more selective with their words. It would be perhaps more acceptable if the rating was not directly linked to the post itself, although that would elicit more actual information from a research perspective. It would be necessary to explain clearly that the purpose is to gather information not to use it in any fashion that directly affects posters. And, that the information could benefit them, in hindsight anyway, so that they could ''read'' or be more aware of how such things as ''sentiment'' and investor psychology affect their own thought processes. A self select process obviously also affects the type of person more likely to go through the rating process. Eg: Maybe there will be a bias towards level headed or angry etc....

If participants are aware then that is fine, it will be noted as a limitation and possible effects on the data can be examined. It would be unethical to do this without permission in any case. However. most people are anonymous on here. Those that aren't already express themself anyway to whatever degree they feel comfortable and they shouldn't feel the need to change. I would also note that the raw data would not be available for all to view, only the final analysed data, as released by whoever does the analysis. So both a degree of anonymity, and further confidentiality of username data, is maintainted as well.

That was my four cents worth.... :D
 
Ilikemetals said:
hawkeye said:
It's one of the reasons I try not to post too much here. I want the permabulls to take over. I've got another forum to go to for sensible economic discussion.

Wanna share where you take part in this sensible economic discussion ?? ;)

Probably the AFR blog lol
 
stellaconcepts said:
It will be very interesting to see how these big guns go at getting out at the right time. Some of those names I think have no chance..in any bull market - the permabulls look like geniuses while the bull market is in effect. Look at the 80's very few nailed it let alone the permabulls... (actually only Jim Sinclair comes to mind - he didnt get it spot on but came pretty darn close enough)

Here's my prediction on calling the penultimate top, based soley on my view of their investing style.

Eric Sprott - Will nail it.
Jim Rogers - Will get out too early.
Marc Faber - Will take profits all the way up.
Carlos Slim - will pay eric sprott to do his bidding ;)
James Turk - I think he'll be way too late.
Mike Maloney - Too late.
David Morgan - Too early.
Robert Kyosaki - will still be selling books
Jon Nadler - Has already called the top 10 times
Bob Chapman - Wont ever call the top
Max Keiser - Will still have that annoying voice - so lets hope he doesnt say anything ;)
Peter Schiff - Too late. way too late.
StellaConcepts - will call it perfectly.... if not... just keep deleting such videos until one of them nails it :)


Bump... agree with the James Turk call :D
 
Here are some great tidbits from this thread, which was akin to a tussle between a rabid goldfish and an aristocratic prince :lol:

SilverSale said:
So much waffle & poor advice to wade through... Turd summed up the current situation brilliantly...

"And, regarding this "topcalling nonsense". Since when has any market topped while everyone was telling you to sell. I'll tell you when...NEVER! Markets "top" when the last buyer has bought...when there is no fear and no perception of risk. Is that today's silver market? Hardly! The fact that so many douchebags are trying to convince you to sell your silver is simply a sign that silver will trade even higher. "

One of the greatest money making opportunities is here. Most of you will miss it!

hem9 said:
"The fact that so many douchebags are trying to convince you to sell your silver is simply a sign that silver will trade even higher. "

Mate you gotta tone the language down, no one is telling you to sell anything and certainly no one is calling the top of this cycle. John is just telling people what he did with the speculative portion of his stack. That is all he did, he did not tell anyone to sell anything, he just told people what he is doing. Use your mind if you wanna follow him or not.

stellaconcepts said:
silversale... when are you realising profits in silver? Going Higher is pretty blanket stuff mate... care to elaborate... whats your sell point/ratio/value (or whatever metric you use)....

SilverSale said:
Peace guys.

I'll let you know when I sell. Aiming for 70-80% of the move... :)

Yippe-Ki-Ya said:
Smoothcriminal said:
I think this thread has served it's purpose - can it be locked?

What's this with locking threads???

Sounds like a bunch of power crazy people here...

FGS let people have their say - if you dont like it then unsubscribe from the thread!

stellaconcepts said:
SilverSale said:
No. Stella has called for corrections/tops the whole ride up. He has been incorrect every time. He deserves the criticism.

Have I?

Being concerned about how parabolic it is doesn't mean I am thinking its the top and my technical analysis offers only insight into what the chart is telling me...

And my sale at $24 - wow... big deal... 15% at $24. What a monumental stuff up eh? Perhaps I should off myself now... How can I ever live with myself... I sold a few bars at near 100% profit... OUCH... CALL THE PARAMEDICS I NEED A DEFIBRILLATOR!!

I did tell others in that vid its just something I wanted to do and was by no means a sell recommendation on Silver. How quickly we pick and choose. Buying large at $11,14,17 and $29... are these all monumental stuff ups as well? Selling 20% higher than the current price - that a momumental stuff up as well?

But ultimately... at the end of the day... I sold the bulk of silver at much much higher prices than they are now... I'm kinda patting myself on the back... Infact, in retrospect, I think I am navigating these markets like a PRO :)

I never tell people what to do with their silver... I only tell people what I am doing... the only thing I am recommending is that EVERYONE hold a core position of silver they never sell until its a lifechanging event or they need to.

Anyone who wasn't concerned about silver's parabolic rise was being naive... that includes you silversale.... shall I dig up some posts from you at $50 silver? no... I best not. Stooping to lower levels is not my thang.... now... where to invest some crazy silver shorting profits.... (hehe)

stellaconcepts said:
SilverSale said:
As for my call at $47... saying the market will be heading higher, I still stand by that.


Brilliant Call. You remind me of the options traders putting "Covered Calls" on everything. No matter what happens - they can't lose... but they don't win much either.

stellaconcepts said:
SilverSale said:
John... go short here like last time we were in the 30's! :P


Ur now attacking my trading? Dude... been short from 48 and 46. Covered this morning at 39.39.

I've made 30k this week from shorts alone.

Any random trading call you want to throw at me... I'll throw you two back... you can't survive 10 years in this industry otherwise.

I actually lose more trades than I win... thats my trading style... tight stop losses but let the big ones run. working well so far.

lol... newb.
 
Just in case its not clear, who's who:

Aristocratic Prince =
3854_ss_2.jpg


Rabid Goldfish = the other fellow
 
Can anyone tell me how I might subscribe to Stella's video channel?

I tried to have a look recently although it's listed as private, from the flack the guy has received from some I guess I understand that.

My apologies for getting back on topic :P

edit: found it - search really does work huh? :P :rolleyes:
 
John and myself may have had our differences, but in the end we both did very well from that silver spike. He sold in bits n pieces on the way up, I sold after I had confirmation of a top, selling into the 2nd peak.

Different trading strategies & differing views, but we're now neighbours in the Caribbean :P
 
SilverSale said:
John and myself may have had our differences, but in the end we both did very well from that silver spike. He sold in bits n pieces on the way up, I sold after I had confirmation of a top, selling into the 2nd peak.

Different trading strategies & differing views, but we're now neighbours in the Caribbean :P

nemo found a home ? :lol:
 
John has done extremely well for himself ever since leaving university, and he rode the silver bull market to the top. Congratulations.

Here's a finance book where he wrote a chapter called "Riding the silver bull market".

http://au.wiley.com/WileyCDA/WileyTitle/productCd-0730376877,descCd-tableOfContents.html

And now he's got his photo etc, listed on the (exclusive) list of board and management of the ABX. Wow...

His videos were great, and I watched them for a long time prior to signing up here. Gotta give the guy his due, cause he earned it. :cool:
 
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