The Best Investment of 2012 to Repeat in 2013?

Yippe-Ki-Ya said:
how the f..ck did you manage that??

You must have really bought a large proportion of your stack at $48 /Oz! :lol:
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Hahah funny guy. :lol: Nope unlike you who was pushing noobs to buy Silver at $48 I stopped buying around $37. :P

In one word premiums :( and not having much money in the earlier parts of my stacking journey.

Are you "up" or "down" Yippee?
 
Cimexus said:
I'm not up or down - I'm even. :) Came too late to the game and bought too much when silver was in the $40s, unfortunately. So was sitting on large loss this time last year. However, having stocked up a bit at lower prices this year (high $20s, a bit in the low $30s), I've made up that loss. Almost exactly at break-even right now (assuming I can sell with premiums retained, i.e. on SS ... if I had to sell at spot I'd still be down a bit).

If I had 'discovered' stacking a few years earlier I'd be laughing.
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I always like to read stories like this. Correcting errors by carefully chosing the moments to buy.
That's also my plan.
Most of my silver was bought since february 2011, everytime when spot was $32,5. I'm euro and due to the stronger than now euro on those moments, my euro denominated average dropped to $29. At spot $32-33 I now undo 12% tax, meaning that I can sell to a dealer that offers spot +7% and break even. Not that I even consider selling, even if we would see again $50, I again wouldnt sell. If the price in the future gets dumped to $20, I'll just buy more silver. In the end, I hope to have done better than a bank account.
 
Toward the end of last year, the editors here at Port Phillip Publishing got up on stage at our Doomers' Ball, to give our 'Big prediction for 2012'

To paint the picture, at the end of 2011 the market had been well and truly beaten up.

The Metals and Mining index (XMM), Small Ords (XSO) and Emerging Companies indices (XEC) all fell more than 22% over the year. So it was a bit challenging to find a sunny patch in the market to get excited about for a 'big call for 2012'.

Admittedly, when I made my call, there was a fair bit of heckling!

I even caught a few folks checking their eyelids for holes, and catching the odd fly for good measure.

But thankfully, twelve months on - so far - my big call has turned out to be the best performer of 2012...

What was the call?

It was SILVER.

So far this year silver has gained 18.4%.
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It's now down to 7.3% in USD, gold is 5.2% in USD. :rolleyes:

Someone else can do the AUD stats.
 
Silver has been at the $29 mark for the last 3 Decembers in a row!

I believe the difference is:

In 2010 it was overvalued
In 2011 it was fair valued
In 2012 it is undervalued

Well that's what I'm going to tell myself :P
 
Auspm said:
I'm definitely up.

I have more ounces of silver and gold today than I did at the start of the year.
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you're wasting your breath mate. It's like trying to get a panzie to appreciate a good "rack" ... :lol:
 
Ernster said:
Yippe-Ki-Ya said:
how the f..ck did you manage that??

You must have really bought a large proportion of your stack at $48 /Oz! :lol:
Click to expand...

Hahah funny guy. :lol: Nope unlike you who was pushing noobs to buy Silver at $48 I stopped buying around $37. :P

In one word premiums :( and not having much money in the earlier parts of my stacking journey.

Are you "up" or "down" Yippee?
Click to expand...

I'm always up mate! It's me wife's fault though... :lol:
 
Oh that hurts coming from you If it hits 50 you can bet itll be smacked down to 30s 40s or even 20s. at that point I can buy back in increasr my hpldings and put profit down on my mortgage.
I have a friend who bought in at 18 sold at 46 and rebought at 26 kept his core and made 10 k. he must be a panzy too.
 
You guys make it sound so easy and so inviting...

Look - if what you say does eventuate - then i'm going to have to go against my true self - and also become a paper panzie!

but my wife aint gonna like it... :lol:
 
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