Who's pockets are hurting?

Bulls make money, bears make money, Pigs get slaughtered.
Buy low, sell high. To be a learning, eventual sucessful investor you must fight these inner emotions, as like the rest of the herd, acting on them is the wrong thing to do.
How many times have you guys traded equities or deriratives, and sold just before a spike in price, or absolutely beleived that your trading platform was stop hunting your trades? Why get the jitters with silver now, it wasnt a fundamental push up, its not a fundamental push down, its all trading, it built it up and now coming down.

Also what is GSR? Im also sick to death of this useless fiat idea around here.

Thanks :)
 
Royalewithcheese said:
c'mon... the time it took you to type and post that you coulda done a google on it. it's not MY acronym ;)
Click to expand...
In the time it took you to type that you could have told him
 
Dabloodymess said:
Considering that in the not too distant future circumstances may force me to liquidate a portion of my stack, then yes my pockets do hurt just a little.

But if I cant get a good price, I just wont sell...... there is always a way to make money if you need it badly enough ;)
Click to expand...


Yeah, that's the thing. I suppose it all depends what angle we come to this thing from.
I need some cash to pay for medical expenses, but I'd be selling my stack at a loss. I really don't want to sell my stack anyhow, but the liquidity isnt really there now that I need. I'll just have to make ends meet and hope for the best!
 
Haven't borrowed anything for mine. Don't need the cash right now. Not-so-happily sitting, watching, waiting.

Though, to be honest, I haven't told my wife about the current crash/correction... hehehe...
 
i,m depressed don!t worry my wife told me it will go back up..umm we are still talking silver here aren,t we sweetie...
 
Silverrider said:
i,m depressed don!t worry my wife told me it will go back up..umm we are still talking silver here aren,t we sweetie...
Click to expand...
hahaha... youre apostrophe?
 
I just started last week... My first buy in at $44 AUD :(

But today is VERY interesting... I just wish BB updated their prices faster! Looking to make a nice catch around this $30 AUD mark!

Peace
 
There appears to be 3 markets out there.

1. The paper market where silver is traded at spot.

2. The bullion market, where people like ourselves are trading at spot plus moderate premium.

3. The consumer market, aka eBay, where silver is still trading at last month's prices at spot plus a 40% to 60% premium.

I respectively suggest that those who are hurting, start selling on eBay and bugger the overheads. You may find that for every 3 pieces you sell, you can afford to buy 4 pieces here on the Forum.
 
BigBen said:
Bulls make money, bears make money, Pigs get slaughtered.
Buy low, sell high. To be a learning, eventual sucessful investor you must fight these inner emotions, as like the rest of the herd, acting on them is the wrong thing to do.
How many times have you guys traded equities or deriratives, and sold just before a spike in price, or absolutely beleived that your trading platform was stop hunting your trades? Why get the jitters with silver now, it wasnt a fundamental push up, its not a fundamental push down, its all trading, it built it up and now coming down.

Also what is GSR? Im also sick to death of this useless fiat idea around here.

Thanks :)
Click to expand...

GSR Ratio used as a benchmark to trade between the two metals-What a crock

REDBACK ;)
 
But are people really buying up silver at 40-60% over spot or is that just what it's getting listed for? If I could get 40% I'd be seilling and re-ordering.
 
You must log in or register to reply here.
Back
Top