Time to cash in?

[mmissinglink]

Wow Pirocco, sometimes you are orbiting a different planet than the planet the rest of us are on. You didn't even remotely respond to the point I made. I don't think it's a language barrier that you responded that way. Come back to earth...your oxygen won't last forever where you are.




.

 

[Skyrocket]

Wow Pirocco, sometimes you are orbiting a different planet than the planet the rest of us are on...... Come back to earth...your oxygen won't last forever where you are.

I don't know about Pirocco but I am currently orbiting our planet, at least til my oxygen lasts!

 

[Pirocco]

Wow Pirocco, sometimes you are orbiting a different planet than the planet the rest of us are on. You didn't even remotely respond to the point I made. I don't think it's a language barrier that you responded that way. Come back to earth...your oxygen won't last forever where you are.
.

Question is: am I around another planet, or are you?
About the rest of us, I don't make claims, I don't know. I also don't pretend to know.
So if you ask me to come back to earth, it may not be the place you thought it was.

 

[Pirocco]

I don't know about Pirocco but I am currently orbiting our planet, at least til my oxygen lasts!

I already thought I saw a Murdock face passing. Next time I'll grab my Blaster. It will maybe solve your orbiting problem before your oxygen one.

 

[Skyrocket]

I don't know about Pirocco but I am currently orbiting our planet, at least til my oxygen lasts!

I already thought I saw a Murdock face passing. Next time I'll grab my Blaster. It will maybe solve your orbiting problem before your oxygen one.

Oh thanks, I knew I had a friend somewhere down there to help get me down!

 

[Pirocco]

I don't know about Pirocco but I am currently orbiting our planet, at least til my oxygen lasts!

I already thought I saw a Murdock face passing. Next time I'll grab my Blaster. It will maybe solve your orbiting problem before your oxygen one.

Oh thanks, I knew I had a friend somewhere down there to help get me down!

Oh but I'm not down there, I'm sitting in orbit too. I first thought some discarded spaceship part crossed me but it was you. Why you think I wanted to help you? To get it out of my orbit of course. I don't want to spend decades crossing space to get my silver stack back together. :/

 

[Skyrocket]

I already thought I saw a Murdock face passing. Next time I'll grab my Blaster. It will maybe solve your orbiting problem before your oxygen one.

Oh thanks, I knew I had a friend somewhere down there to help get me down!

Oh but I'm not down there, I'm sitting in orbit too. I first thought some discarded spaceship part crossed me but it was you. Why you think I wanted to help you? To get it out of my orbit of course. I don't want to spend decades crossing space to get my silver stack back together. :/

oh, you up here too?

I didn't see you because I'm traveling too fast to have noticed a slow coach like you up here. Well you better get out of my orbit path because if we collide, my rocket will surely knock you back down to Earth!

 

[Pirocco]

oh, you up here too?

I didn't see you because I'm traveling too fast to have noticed a slow coach like you up here. Well you better get out of my orbit path because if we collide, my rocket will surely knock you back down to Earth!

You know what they say!
What goes up fast goes down fast!
Btw!
My ship weights 1000913 megatonnes.
I may be slow!
But if you want to complete your speedy parabola you better get outta da way!

 

[Pirocco]

I think so. The prices of silver will be maintained at this price. It will not go above $25.00 per ounce and it won't go any lower than $16.00 per ounce. After holding onto silver for the last seven years, it seems that silver was a bad investment. I'm asking of anyone else feels this way or if there is going to be a bull run.

I bought my first coins in December 2003 after reading weekly blogs from Bill Flenckenstein. He was predicting then the housing crash.
Bought silver at $8 USD an oz and gold coins at $400 USD an oz. Only bought 3 coins of silver and 3 coins of gold.
after a few years, I gave up looking at the price, thinking I had made a mistake and that Bill was wrong.

I clearly remember the 2008 crash of the USA.
Then, I realized that silver was $18 USD an oz a year later, in 2009.
wish I had bought more in 2003.

I stacked as the price went up to $45 an oz, and then brought my avg cost to about $28 an oz by stacking more between 2011 and now.
Obviously dissapointed it went down from $50 to today's $19.

Today, it feels a lot like between 2003 and 2007.
Only that the silver price is $19 instead of $8.
Bill Fleckenstein (and others) are again saying to be patient as they think the US stock market is a bubble ready to burst.
I plan on just waiting this one out as I did between 2003 and 2008, only this time, my stack is more than just 3 ozs of silver and 3 oz of gold.

My guess is that in a few years from now, say 2018, silver will be sideways at $45 an oz (after hitting a high of $75 an oz) and everyone will be wondering why the hell it is not going higher.
We shall see.
I'm happy with my stack, not adding to it, not selling either, will just wait this one out a few more years.

So far (1 month later) that waiting out has been the better choice.
The 3 months term money for nothing club bought in and sold out.
The net result appears to me as a zero, since most of the price drop is attributed to the dollar/euro side, last time my euro was the strong side, now it's the weak side, as regulated by our good ol' central planners. I can now add another chunk silver at the same price as last time. But I give it abit more time. The current cycle looks like finished or near finished, a next one will finish somewhere around newyear, and maybe deliver more silver in euro's. This isn't a final decision or so, if I see reasons to buy next weeks I'll do so.

 

[banks kept their metals]

Just sold 2oz of gold and got 125oz's of silver for the Gold Silver ratio trade.

69:1 or so.
If it ever returns to the 35:1 that it was a few years back, will revert back to gold then.

sit back and wait I shall.