The tumble isn't going to stop at $16 USD

[mmissinglink]

I've been convinced of that for a while.

I'm not telling anyone to buy or not to buy now...that's an entirely individual choice. I'm just saying, please be careful of those who, for the past 30 months have said 'silver to da moon tomorrow' and say the same exact thing today. It's your money....use it most wisely....impulsive fear-based purchases today can cost you oz's of silver later.




.

 

[tolly_67]

I do think that gold could nudge the $1000 mark or lower.....we could be looking at a GSR of 100 so a straight 10 bucks an ounce is possible.

 

[SpacePete]

Putting in a call to SilverStacker HQ, get the trucks ready.

 

[darkclark]

do you really think its going all they way down iv just finished night shift and going to bed cant wait to see what they do next. might have to get up early and hit the dealer lol

 

[barsenault]

Sure does look like blood in the streets...as as they say, when everyone is heading for the exits, there are a few looking to get in thru the exits. Have a happy day everyone. If these last several days doesn't put a 'iid' on the silver enthusiasm, I'm not sure what will. They've done a good job at totally discouraging folks from loving the PM market. I'm loving it. Keep it coming fellas. Drive'er down. Missing, if your 14 dollar price comes, I'll reward you with a handsome coin.

 

[mmissinglink]

Yankee stackers who criticize the permabull crazy talk weren't considering selling their stack at $18 - $19 / oz silver but rather were just thinking out loud (and encouraging others to think about it as well) about how to get more silver oz's later as the price hits the cellar floor. Smarter people buy the same items as other people but choose to buy at lower prices. I know there are members here who yielded more silver oz's because they didn't listen to the silver-to-da-moon-tomorrow rants of permabulls for the past several months. I'm happy for these folks!




.

 

[Lunardragon]

unsure how the market survive with spot 1000, 10

Spot 1000 means going back to year 2010 and pre.

Is this feasible?

 

[dccpa]

Sure does look like blood in the streets...as as they say, when everyone is heading for the exits, there are a few looking to get in thru the exits. Have a happy day everyone. If these last several days doesn't put a 'iid' on the silver enthusiasm, I'm not sure what will. They've done a good job at totally discouraging folks from loving the PM market. I'm loving it. Keep it coming fellas. Drive'er down. Missing, if your 14 dollar price comes, I'll reward you with a handsome coin.

May be a few amputations here and there, but I don't think there is blood in the streets yet. The USS Fiat (USD) has clear sailing for a while and that means gold is going down. At least the bottom will give people time to accumulate at great prices and the ability to trade up for coins with more numismatic potential.

 

[dccpa]

unsure how the market survive with spot 1000, 10

Spot 1000 means going back to year 2010 and pre.

Is this feasible?

Per the charts, 80-1 appears to be a real possibility, but I don't see 100-1 (silver at $10 with gold at $1000). If we drop to $9-$10 silver or sub $1000 gold, people will be dumping pms left and right. I remember the opportunities I missed in 2008 because I was new to lunars and I am not going to make that mistake this time.

 

[Ronnie 666]

I don't see anyone I know who is a serious stacker heading for any exit ! All I see are serious stackers slowly adding to their stack! Maybe we live on another planet but that is what I see. Those heading for the exit and selling are not stackers but those large players in the paper market. Sure stackers are concerned. The fundamentals have been thrown out the window as the central banks pour cash into the equity markets which may soon turn into a black hole as they always do. Sure people are worried about metal prices and the crazy state of the western world. Yes war is looming on every front and there is civil unrest looming everywhere. To me this is an opportunity to add oz slowly and carefully. This is not a time to panic or listen to poor advice from shills. This will pass and hopefully SS will use this time to accumulate more PM.

 

[Jislizard]

unsure how the market survive with spot 1000, 10

Spot 1000 means going back to year 2010 and pre.

Is this feasible?

Per the charts, 80-1 appears to be a real possibility, but I ...

I reckon this is part of the plan!

Get the GSR to the sorts of levels where people who think they are savvy investors will exchange all their gold for silver.

We GSR swappers like to kid ourselves that it doesn't matter what the price is doing, we are increasing our ounces, but is this what they want?

Is this just another way to shake gold out of our hands?

They have already raised the price of gold so that people holding gold jewellery have been tempted to hand it all over to the Gold Buyers in every shopping mall.

Then they shook the gold out of the weak hands just by lowering the price.

Now that the low hanging fruit has been picked they have to work harder to get the rest...

Banks are apparently accumulating Gold, not silver, what better way to get the gold than to swap it for something they no longer want?

With the GSR swaps they get to further depress the price of gold as more gold hits the markets to be exchanged for silver.

I think the conspiracy is bigger than we ever expected.

 

[SpacePete]

I don't see anyone I know who is a serious stacker heading for any exit ! All I see are serious stackers slowly adding to their stack! Maybe we live on another planet but that is what I see. Those heading for the exit and selling are not stackers but those large players in the paper market. Sure stackers are concerned. The fundamentals have been thrown out the window as the central banks pour cash into the equity markets which may soon turn into a black hole as they always do. Sure people are worried about metal prices and the crazy state of the western world. Yes war is looming on every front and there is civil unrest looming everywhere. To me this is an opportunity to add oz slowly and carefully. This is not a time to panic or listen to poor advice from shills. This will pass and hopefully SS will use this time to accumulate more PM.

Good summary. I think even semi-serious stackers will be adding ounces here and there during the drop.

The real question that must be weighing on the minds of serious stackers is: when will be the right time to go all-in and seriously load up?

 

[Holdfast]

.

 

[SpacePete]

I reckon this is part of the plan!
...I think the conspiracy is bigger than we ever expected.

Nope.

The falls are evidence that there is no conspiracy.

Not that any true believers will be convinced. Doesn't matter if prices stay flat or rise slowly, or if they drop, it's always blamed on the wilful activity of some nefarious group.

 

[Ronnie 666]

I don't see anyone I know who is a serious stacker heading for any exit ! All I see are serious stackers slowly adding to their stack! Maybe we live on another planet but that is what I see. Those heading for the exit and selling are not stackers but those large players in the paper market. Sure stackers are concerned. The fundamentals have been thrown out the window as the central banks pour cash into the equity markets which may soon turn into a black hole as they always do. Sure people are worried about metal prices and the crazy state of the western world. Yes war is looming on every front and there is civil unrest looming everywhere. To me this is an opportunity to add oz slowly and carefully. This is not a time to panic or listen to poor advice from shills. This will pass and hopefully SS will use this time to accumulate more PM.

Good summary. I think even semi-serious stackers will be adding ounces here and there during the drop.

The real question that must be weighing on the minds of serious stackers is: when will be the right time to go all-in and seriously load up?

Personally I never go all in. Just keep adding slowly on these dips. Split your cash available into 1/10 and on each big fall buy up 1/10. No one can pick the bottom.

 

[Jislizard]

I reckon this is part of the plan!
...I think the conspiracy is bigger than we ever expected.

Nope.

The falls are evidence that there is no conspiracy.

Not that any true believers will be convinced. Doesn't matter if prices stay flat or rise slowly, or if they drop, it's always blamed on the wilful activity of some nefarious group.

Well this just proves you are part of the conspiracy, I should have known!

 

[SpacePete]

I reckon this is part of the plan!
...I think the conspiracy is bigger than we ever expected.

Nope.

The falls are evidence that there is no conspiracy.

Not that any true believers will be convinced. Doesn't matter if prices stay flat or rise slowly, or if they drop, it's always blamed on the wilful activity of some nefarious group.

Well this just proves you are part of the conspiracy, I should have known!

Shhhhhh.

We walk amongst you.

 

[mmissinglink]

unsure how the market survive with spot 1000, 10

Spot 1000 means going back to year 2010 and pre.

Is this feasible?

Per the charts, 80-1 appears to be a real possibility, but I ...

I reckon this is part of the plan!

Get the GSR to the sorts of levels where people who think they are savvy investors will exchange all their gold for silver.

We GSR swappers like to kid ourselves that it doesn't matter what the price is doing, we are increasing our ounces, but is this what they want?

Is this just another way to shake gold out of our hands?

They have already raised the price of gold so that people holding gold jewellery have been tempted to hand it all over to the Gold Buyers in every shopping mall.

Then they shook the gold out of the weak hands just by lowering the price.

Now that the low hanging fruit has been picked they have to work harder to get the rest...

Banks are apparently accumulating Gold, not silver, what better way to get the gold than to swap it for something they no longer want?

With the GSR swaps they get to further depress the price of gold as more gold hits the markets to be exchanged for silver.

I think the conspiracy is bigger than we ever expected.

Your ideas and perspectives are always fresh, interesting, and well argued. Those you expressed there are worth pondering.




.

 

[Jislizard]

Having said that I did just swap another 4 oz of Gold for silver so I am playing right into their hands, however I am using my superanuation gold. I have now swapped 50% of my SMSF gold and the plan is to swap the rest when the GSR is higher.

My personal gold is not up for trade though, sadly, there is not much of that around anyway, silver is my target now and that is all based on the GSR.

 

[Eruaran]

I hope you're right since I very much like to buy shiny silver at bargain basement prices.