Whens your tipping point

[fiatphoney]

just wanting to know how long you guys will keep it for until it hits that magical number

Until it goes to the moon.

And when those holding gold will need a second job.

 

[FullMetalFever]

You dollar cost average in and you dollar cost average out. Rough sketchy plan would be;

Buy 50% at AU$10 - AU$20
Buy 25% at AU$20 - AU$30
Buy 20% at AU$30 - AU$40
Buy 5% at AU$40 - AU$50

Sell 5% at AU$50 - AU$70
Sell 20% at AU$70 - AU$100
Sell 25% at AU$100 - AU$250
Sell 50% at AU$250 - AU$1000

Would be dependent on purchasing power of the dollar but more than prepared to hold out selling the last of it for up to 20 years if it takes that long and doesn't go ballistic this time round. I think both Gold/Silver will bubble top and pop but Silver unlike Gold will eventually keep making gains after a fall as it's eventually going extinct. I consider it an insurance policy so holding out for the big gains is no probs, Silver price tops people sell and the market is flooded. Maybe that flood of held up investment demand will give industry a 5 year backup but then it will run out again! We need sustained high Silver prices not just a bubble top to fix the Supply and Demand in-balance. I'm not going to get caught up in trying to call the top because I think there will be many of them coming for Silver over the next 20+ Years unless something changes.

I think it was Mike Maloney that said at present all the entire worlds investment purchasable Silver would fit in a cube with 11.5m dimensions, so I could technically fit all that in my back yard, or die trying.

I'm probably going to die an old coot in 50 years with my wrinkly cold old hands still grasping my Silver bars.

Just wondering why you believe that silver will become extinct but not gold? Is silver actually rarer than gold? Are most of the mines exhausted?

On the second bolded point, I have read that all the gold ever mined in the world would fit into a 20m cube. Wonder what the figure for investment purchasable gold would be?

 

[warrenworthingtoniii]

I don't think most buyers have specific dates in mind at this point, but I'd say that holding for the next few decades is likely. Maybe in 50 years. This is assuming hyperinflation doesn't happen where I live though.

 

[Dirtbikepilot]

It's crap like this I am afraid will ruin this forum.
Ok to have a bit of fun but all this shit gets in the way !
Sorry to offend but there is too much dross on the web.

I'm sure these posts were not intended to get in the way of all the very serious 'magical number' discussion.
Apologies while I get cracking on an important and accurate prediction of how long it will take silver to breach $100.
Now, what exactly was the crap and dross?

Are you serious asking such a question ?? !!
What has chicken noodle soup, decaying burgers and nuclear clouds with clowns faces got to do with the original question ??
This site will soon become like many other forums - totally 'off the point', distracting, full of garbish so you cannot see the wood for the trees.
This will be the case if most of the above sh*t continues to be published in threads.
Might be funny to some but let's put the crap elsewhere on a crap section and if anyone wishes to spend hours sending dross to each other then so be it but keep serious stuff clean and relevant.
It will be a real shame if SS deteriorates into the gutter like so many other time wasting forums on the internet.

Wake up to yourself. Nearly everything that can be said or asked about Gold or Silver has already been done and said here (excluding new releases). Given this we may as well
close the site and leave it for historical records and topic searches, that would be fun. If you don't like the humanity in the posts stick to talking to your computer or
your encyclopedias. A forum is made of the members, so, sadly for you, you will have to tolerate personalities.

 

[Photonaware]

Saddened to see Dirtbikepilot's response to a serious concern but if he wants a forum to exchange crap then SS is perhaps a poor choice for him, BUT if such stuff prevails then it's a sad day for other stackers around the world. Okay for a few funny remarks and a bit of humour from time to time as not all threads are informative or topically relevant but when a thread is high jacked and brought down to gutter level then that indeed is a pity.
No more on this topic from me as I get back to my computer and encyclopaedias.

Ps Forum rules item 1 pasted here for reference -

1. Silver Stackers is a precious metals and numismatic discussion forum. Any posts or topics not conforming to the general culture of the forum may be deleted at the discretion of the Administrator.

Maybe worth refreshing your memory on etiquette.

 

[fiatphoney]

response to a serious concern...
general culture of the forum

 

[ironwood]

Now Photon I'm not laughing at you. But ^^^^ is funny. :lol: