TARGET

dragafem said:
if u need someone to tell u what to do that is no good...however Id also value his(wrcmad) opinion.
Click to expand...
Oh, it's not about someone telling me what to do.

I just respect certain people around here more than others, due to the way they approach providing information to others.
 
Thanks guys.
Yes, wrcmad is better at holding his tongue than some :P
If you haven't noticed, the best traders in the world don't share their secrets at all.
Generally, the people that have nothing better to do than post internet blogs are the ones you shouldn't be listening to.
 
goldpelican said:
Altima said:
Just wondered if spot prices do fall to 15USD, dealers can always jack up premiums such that it is no different than buying now.
Click to expand...

A sign of an unhedged dealer.
Click to expand...

Perhaps.....or perhaps the hedged dealer will follow the pricing of the un-hedged dealers and earn back the cost of the hedge.
 
SilverSale said:
Thanks guys.
Yes, wrcmad is better at holding his tongue than some :P
If you haven't noticed, the best traders in the world don't share their secrets at all.
Generally, the people that have nothing better to do than post internet blogs are the ones you shouldn't be listening to.
Click to expand...
The best traders in the world buy stuff, and then tell people to buy stuff. After the prices go up when people follow their lead they sell, and then tell people they sold. Notice how Warren Buffett always says what he did, not what he is going to do? Do you think he is stupid?
 
Cheepo said:
The best traders in the world buy stuff, and then tell people to buy stuff.
Click to expand...
I disagree.
It is usually the self-proclaimed perambulls campaigning for others to follow their lead, and evidence clearly indicates these guys are very crappy traders, far from the best.
There are a couple of big traders who do his for the publicity - Buffet is usually the only example people can offer.
The best traders in the world are unknown, because they don't need to engage in any public communication.
 
wrcmad said:
Cheepo said:
The best traders in the world buy stuff, and then tell people to buy stuff.
Click to expand...
I disagree.
It is usually the self-proclaimed perambulls campaigning for others to follow their lead, and evidence clearly indicates these guys are very crappy traders, far from the best.
There are a couple of big traders who do his for the publicity - Buffet is usually the only example people can offer.
The best traders in the world are unknown, because they don't need to engage in any public communication.
Click to expand...

WB silver example was just out-right "sold too early" :P

Second the silver got taken away when the price hit a temporary top ;) when he tried to earn a bit of $ writing call options on the silver. Really a joke.
 
Mmmmmm US$14 silver.... that is what I'm talkin' about!!!!!!

yes, I did just wet myself a little, and buy some more :)
 
SilverSale said:
Mmmmmm US$14 silver.... that is what I'm talkin' about!!!!!!

yes, I did just wet myself a little, and buy some more :)
Click to expand...

Reminds me of this..... :lol: :lol: :lol: ;)

4088_10649479_10152407664141884_1674238907355951237_n.jpg
 
Bullion Baron said:
If Tom doesn't care, why'd he need to draw a crowd before doing some crazy shit with balloons?
Click to expand...

Maybe Tom started with genuinely helpful intentions when he shared his left-of-centre opinion, and the crowd was drawn by unintended consequences of mob-mentality?
 
Back to $15 silver, not saying we're going to see $16 silver bUT I think a few people might have just missed a busing opportunity rather than missing the beginning of the end for double digit silver prices.

*waits 5 min for $9 silver*
 
This silver investing is too darn easy.
Buy this morning- sitting on a healthy profit already :D
 
dccpa said:
SilverPete said:
Pirocco said:
About hedged dealers, is that the reason for those 3 months period cycles we see since some years?
Could it be that every 3 months dealers order another batch silver, and simultaneously hedge this stock, driving the spot price up along its futures component arbitration?
Then when they sell this silver stock, they drop their hedge with it, and price back down.
Then the story repeats.
Wouldn't surprise me to be an explanation.
Dealers versus speculators.
Click to expand...
I thought the average dealer would be continually hedging. But are there bigger players in the market who are operating on a cycle, both producers and purchasers?
Click to expand...

Tulving used to keep naked positions at times. I think he failed to hedge in April, 2013 and that lead to his business having to close.
Click to expand...
Do you have sources / details for Tulvings case?
When someone fails to hedge, it means that the timing of his hedging activity was bad. Or implicitly: it means that speculators beated him. In a dealers case (alike Tulving) it would practically mean that some customers (unexpectedly) sold (back) silver to him and/or the price changed unexpectedly.
The last reason appears to me as the most uncommon, could it be that Tulving lost access to some data platform?
Aside (?), I've seen Tulving mentioned (I think in 2011) as the cheapest bullion / big quantities seller, by people that appeared to me as cyclic players (read: churn out profit, implicitly inflict loss). Maybe some of his customers were smarter/more informed than him.
But I don't know, it's all hypothetical, maybe I have to search together Tulvings story.
 
phrenzy said:
Back to $15 silver, not saying we're going to see $16 silver bUT I think a few people might have just missed a busing opportunity rather than missing the beginning of the end for double digit silver prices.

*waits 5 min for $9 silver*
Click to expand...

Think there is a saying that is appropriate for this:

Pigs get fat, hogs get slaughtered

Meaning: Idiom used to express being satisfied with enough, that being greedy or too ambitious will be your ruin.
 
SilverSale said:
Mmmmmm US$14 silver.... that is what I'm talkin' about!!!!!!

yes, I did just wet myself a little, and buy some more :)
Click to expand...

if u buy,that means silver will go up in the near future...but that is not what Im hearing....
 
You must log in or register to reply here.
Back
Top