The Rawdog is Getting Out of Silver!

Bullion Baron said:
valuecreator said:
rule#1: never argue with Renovator
lol yeah I'm starting to get that vibe. Pretty pointless arguing with someone who lies, bends the truth & provides no evidence to backup his claims!

the thing about fighting with a pig in shit.
 
valuecreator said:
ps. or is it me just no accepting that some people can be so dumb?

I do love how some edit their posts when they are wrong. Nothing against you vc, I just find it funny & you are not the only one who does it.

Later! Enjoy boys & girls.
 
Bullion Baron said:
renovator said:
When i first come here 2 years ago you were saying it was going down the spout . I cbf tring to find a 2 year old post where you said it ....
Its ok theres no shame in being wrong internet analysts always are :lol:
So I said "massive drops" & "down the spout"? I've had negative expectations for a few years on property and we've seen the slow decline that I expected. For example here is my prediction for 2011:

We're heading into 2011 with:

- Stock on market almost double what it was heading into 2010
- Clearance rates under 50%
- Mortgage delinquencies on the increase
- Increase in days on market and price discounting (Brisbane, Perth)
- Interest rates higher than 12 months ago and increase further
- New home sales looking weak
- Prices falling nationally with prices back to May 2010 levels

I think 2011 will bring house price falls with or without further increases in rates. That is provided the government doesn't step in once again with stimulus like they did in 2008 by doubling/tripling the First Home Owners Grant (e.g. the FHOB).

Without changes to interest rates I suspect we will see nationwide falls of 2-4%. With at least 2 increases to the cash rate I suspect prices would be more likely to fall 4-6% or greater.
http://www.bullionbaron.com/2011/01/gold-silver-stocks-property-predictions.html

Hardly a prediction that we would see massive drops. You just like to put words in others mouths by the looks.

I didn't write a 2012 predictions post, but my theme has remained the same, that property will see a slow melt in prices and that's what we've had for the last 2-3 years running.
wheres that from your blog ? I bet you edited it after you were wrong .

at the beginning of 2011 when i first joined you were championing massive drops in the market with auspm & the rest of the doomsday brigade . 2% to 4% nice editing lol . You cant fool me with your creative editing
 
SilverSale said:
valuecreator said:
ps. or is it me just no accepting that some people can be so dumb?

I do love how some edit their posts when they are wrong. Nothing against you vc, I just find it funny & you are not the only one who does it.

Later! Enjoy boys & girls.
lol seems to be an accepted sport
 
Bullion Baron said:
valuecreator said:
rule#1: never argue with Renovator
lol yeah I'm starting to get that vibe. Pretty pointless arguing with someone who lies, bends the truth & provides no evidence to backup his claims!
you just think everybody has a bad memory........ wrong
 
renovator said:
Bullion Baron said:
renovator said:
Analysis ? its not hard to see its dropped from $48 to $28 with 1000 ounces if you sold at $48 your 20K ahead .nothing to sniff at . Its close enough to the bottom even if its not whos worrying about a dollar or two ....$20 is another story altogether
Im sure the baron can defend himself Hes been calling massive drops in the housing market for years .& all sorts of fanciful crap .As far as im concerned hes just another internet analyst trying to make guesses on the state of things .He doesnt know anything more than you or I do & by the looks of it selling at $28 & calling for massive drops in housing i would say he knows less .
Records on this forum suggest SilverSale selling in mid $40's down to low $30's. And then buying back low $30's.

And now you are just making rubbish up as my call for property has been a slow deflation (around 10-20% off prices over a 3-5 year period). Otherwise source to where I said we would see "massive drops"...
When i first come here 2 years ago you were saying it was going down the spout . I cbf tring to find a 2 year old post where you said it ....
Its ok theres no shame in being wrong internet analysts always are :lol:

Good luck with the slv .Hopefully you can make back some of the money you lost out on by not selling at the top like silversale ,contrarian & stellaconcepts .I dont mind saying im a bit jealous of them .That was money for cheese & i missed the boat . I could have had a pocket full of money & still have the same amount of ounces . Nice work boys

Stella sold a bunch at $25. Although the percentage dropped in his retelling of the story. :lol:
 
dccpa said:
renovator said:
Bullion Baron said:
Records on this forum suggest SilverSale selling in mid $40's down to low $30's. And then buying back low $30's.

And now you are just making rubbish up as my call for property has been a slow deflation (around 10-20% off prices over a 3-5 year period). Otherwise source to where I said we would see "massive drops"...
When i first come here 2 years ago you were saying it was going down the spout . I cbf tring to find a 2 year old post where you said it ....
Its ok theres no shame in being wrong internet analysts always are :lol:

Good luck with the slv .Hopefully you can make back some of the money you lost out on by not selling at the top like silversale ,contrarian & stellaconcepts .I dont mind saying im a bit jealous of them .That was money for cheese & i missed the boat . I could have had a pocket full of money & still have the same amount of ounces . Nice work boys

Stella sold a bunch at $25. Although the percentage dropped in his retelling of the story. :lol:
Yeah i know but he did sell a lot near the top so did silversale the thing is they took action & took some profits..More than i did :lol:

It just irks me when someone makes a good move & gets nailed to the wall for it for not being a permabull. Profit is what keeps the big wheel turning there should be no shame in taking profits.BB & silversale have had a thing going on for a while & i think BB just doesnt like the fact that he didnt do the same & silversale cleaned up . Im happy for anyone that makes a buck . I couldnt care if it was dumb luck or not
 
This place always goes a bit nuts when market sentiment is bearish lol.

I am surprised after all of Rawdogs cries about "putting his money in hard assets" he has done this now.

He does raise some good points and others not so good. I guess it depends on which side is correct.

In the end you can do all the research in the world, but we are all making guesses/taking a risk.

Maybe the public are not smart enough to invest in Gold/Silver. Perhaps they will only ever see the metals as another thing to invest in no different than a stock? I don't know.

I think its going to be an interesting year for all markets in 2013......I get the feeling something bad is going to happen.
 
Ding, Ding!!!

And at the end of the first round it was the challenger who came out hard. The champ was pushed back into his corner for most of the round, but as the round progressed, began to fight back hard.

"...Get your drinks, lollies, chocolates, peanuts and potato chips..."

Seconds out, and we're into round 2.
 
Renovator's personal stack :lol:

9556_renovator1.jpg
 
renovator said:
dccpa said:
renovator said:
When i first come here 2 years ago you were saying it was going down the spout . I cbf tring to find a 2 year old post where you said it ....
Its ok theres no shame in being wrong internet analysts always are :lol:

Good luck with the slv .Hopefully you can make back some of the money you lost out on by not selling at the top like silversale ,contrarian & stellaconcepts .I dont mind saying im a bit jealous of them .That was money for cheese & i missed the boat . I could have had a pocket full of money & still have the same amount of ounces . Nice work boys

Stella sold a bunch at $25. Although the percentage dropped in his retelling of the story. :lol:
Yeah i know but he did sell a lot near the top so did silversale the thing is they took action & took some profits..More than i did :lol:

It just irks me when someone makes a good move & gets nailed to the wall for it for not being a permabull. Profit is what keeps the big wheel turning there should be no shame in taking profits.BB & silversale have had a thing going on for a while & i think BB just doesnt like the fact that he didnt do the same & silversale cleaned up . Im happy for anyone that makes a buck . I couldnt care if it was dumb luck or not

Nah, i'd say BB just doesn't people that constantly gloat. You see, if you do it enough, you tend to lose the respect of rational people.
I don't really have allegiance to either of them, but at least one doesn't have to constantly talk himself up, you can get a message across without doing that.

Case in point, I blabber on about not being too impressed with PMs, and apart from maybe Yip, no one has really insulted me for being bearish. I'm not here to brag about every right call I make, because eventually I'll make a wrong call and never hear the end of it.
We're all minnows here and we cannot control the market, pretending you can read it perfectly is borderline lunacy.

Selling in a parabolic rise is not rocket science, and it's hardly something to brag about.
 
roman said:
renovator said:
dccpa said:
Stella sold a bunch at $25. Although the percentage dropped in his retelling of the story. :lol:
Yeah i know but he did sell a lot near the top so did silversale the thing is they took action & took some profits..More than i did :lol:

It just irks me when someone makes a good move & gets nailed to the wall for it for not being a permabull. Profit is what keeps the big wheel turning there should be no shame in taking profits.BB & silversale have had a thing going on for a while & i think BB just doesnt like the fact that he didnt do the same & silversale cleaned up . Im happy for anyone that makes a buck . I couldnt care if it was dumb luck or not

Nah, i'd say BB just doesn't people that constantly gloat. You see, if you do it enough, you tend to lose the respect of rational people.
I don't really have allegiance to either of them, but at least one doesn't have to constantly talk himself up, you can get a message across without doing that.

Case in point, I blabber on about not being too impressed with PMs, and apart from maybe Yip, no one has really insulted me for being bearish. I'm not here to brag about every right call I make, because eventually I'll make a wrong call and never hear the end of it.
We're all minnows here and we cannot control the market, pretending you can read it perfectly is borderline lunacy.

Selling in a parabolic rise is not rocket science, and it's hardly something to brag about.
Yeah i know what you mean silversale does gloat & rub it in
 
renovator said:
valuecreator said:
You would know since your renting one of them :lol:

9556_renovator1.jpg

Source: my property portfolio

The top one is what i call Home these days. It's got a jacuzzi and by far the best view. You really feel like King Of The Pile at sunset.

you're always welcome, brother. I got a few spare rooms. Only you need to love dogs 'cause I got six.

That would be so cool we could spend hours chinwagin' about my latest money making scheme, like renting overpriced cardboard boxes to the next greater fool.

Or try to figure out when I can sell my stash, to buy it all back later 50 cents on the dollar. Mate, Stackers are such dweebs!

waddaya think?
 
Henry Wartooth said:
mmm....shiney! said:
History is bullshit

Famous last words.

I suppose you think the GSR should be at 15:1 too? Stone Age, Bronze Age, Iron Age, it's funny how some technologies and natural resources get left behind. But don't let that get in the way of a good fantasy Henry. You keep waiting for your silver to have its day in the sun again. ;)

Anyway, let's have a look at some of Rawdog's comments, now don't resort to terms such as "weak hand" to attack Rawdog's comments, try to use rational arguments, if you can't argue validly against any of his gripes, you should not be buying silver:

Here's the first one:
I don't think there is enough demand (for silver), to keep up with the massive increase in production we've had.

Tozak's had a go at refuting this claim
There is a rising floor in the metals and that is the mining costs. The mining costs keep rising each year so inevitably it must go up or as the mines go out of business we would have shortages.

Shortages yes if there was real demand. The Silver Institute's data on supply v demand from 2002 - 2011 shows demand has steadily increased by about 200 million ounces over 10 years, with industrial fabrication slightly declining for 4 of the 5 last years, the table also shows quite incredulously that all demand has been been met by available supply (or if you want to look at it another way) all supply has been met by demand. Now isn't that odd? No excess supply and no unmet demand. A perfectly balanced universe. Coincidence?

What has increased in demand? Coins and medals mainly over the past 3 years (of the table) and Implied Net Investment. <<<<< In other words, hedging against an uncertain future in the case of coins and medals, and short term money markets looking for alternatives since the collapse of traditional financial markets.

Neither are the products of confidence.

Edit to add @ valuecreator, it may very well be a hoax, I don't know Rawdog so I can't say, but the points he makes are valid whether we agree with them or not
 
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