@cohodk said:
Interesting how folk buy more when prices are high and less when low.
Approximately $1.5 billion in 2011 and only $250 million in 2018.
AMC volume yesterday was about $11 billion.
Yep, when nobody wants it that's the time to buy, when everyone is buying that's time to sell. Basically do the opposite of the herd for maximum returns.
@cohodk said:
Interesting how folk buy more when prices are high and less when low.
Approximately $1.5 billion in 2011 and only $250 million in 2018.
AMC volume yesterday was about $11 billion.
Yep, when nobody wants it that's the time to buy, when everyone is buying that's time to sell. Basically do the opposite of the herd for maximum returns.
@cohodk said:
Interesting how folk buy more when prices are high and less when low.
Approximately $1.5 billion in 2011 and only $250 million in 2018.
AMC volume yesterday was about $11 billion.
Yep, when nobody wants it that's the time to buy, when everyone is buying that's time to sell. Basically do the opposite of the herd for maximum returns.
You may be the only person I know of who bought near the top. That’s the only explanation I can provide that can explain your trolling about silver.
Silver’s always been good to me. Always.😎
A quick review of threads in this forum from April 2011 will show many folk who commented that they were buying silver or "doubling down" on leveraged long silver related etfs or preaching to HODL.
Its been a decade since silver was in the 40s. Thats quite a long period of negative return, especially when most every asset class has appreciated 3x or more.
ive been banging the drum on owning morgan dollars instead of ASE's for almost a decade , these mintages are obscene . Not the fact that they are being made but they are brand new and the world is awash in ASE's why would anyone pay a premium for one?
@bronco2078 said:
ive been banging the drum on owning morgan dollars instead of ASE's for almost a decade , these mintages are obscene . Not the fact that they are being made but they are brand new and the world is awash in ASE's why would anyone pay a premium for one?
Ounce of silver versus .7734. People like convenience and are bad at math...
A quick review of threads in this forum from April 2011 will show many folk who commented that they were buying silver or "doubling down" on leveraged long silver related etfs or preaching to HODL.
Its been a decade since silver was in the 40s. Thats quite a long period of negative return, especially when most every asset class has appreciated 3x or more.
So, do I understand correctly that you bought silver in the 40s over a decade ago? If so, maybe you should find a good financial advisor.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: A quick review of threads in this forum from April 2011 will show many folk who commented that they were buying silver or "doubling down" on leveraged long silver related etfs or preaching to HODL.
Its been a decade since silver was in the 40s. Thats quite a long period of negative return, especially when most every asset class has appreciated 3x or more.
So, do I understand correctly that you bought silver in the 40s over a decade ago?
@cohodk said:
Its been a decade since silver was in the 40s. Thats quite a long period of negative return, especially when most every asset class has appreciated 3x or more.
This is exactly the type of picking and choosing of statistics, to fit a narrative, that you railed against in the first (aborted) silver premiums tracking thread.
@cohodk said:
... it would be easy to manipulate the data to support a narrative. And that would be a shame.
@cohodk said:
Its been a decade since silver was in the 40s. Thats quite a long period of negative return, especially when most every asset class has appreciated 3x or more.
This is exactly the type of picking and choosing of statistics, to fit a narrative, that you railed against in the first (aborted) silver premiums tracking thread.
@cohodk said:
... it would be easy to manipulate the data to support a narrative. And that would be a shame.
.
Lol
Jmski said he didnt know of anyone who was buying silver in the $40. I presented fact that showed many on this forum were buying and encouraging holding.
I furthered that buy stating a 100% true FACT that silver is lower than a decade ago that it had underperformed other major asset classes. No data is manipulated or selectively chosen. I did not choose the start date, blitz and jmski did.
Im not picking cherries, but i do believe you are eating sour grapes.
Lets just hope the next 10 years for silver is more fruitful.
I presented fact that showed many on this forum were buying and encouraging holding.
When was this? I don't remember you providing any such "proof".
I furthered that buy stating a 100% true FACT that silver is lower than a decade ago that it had underperformed other major asset classes. No data is manipulated or selectively chosen.
As a big proponent of buy low, sell high - it seems to me that if you weren't buying silver when it was low, you need a better financial advisor.
I did not choose the start date, blitz and jmski did.
Show me where I picked a date. You are wrong. Further, I always encourage sound money management, based on one's personal situation and that doesn't entail picking highs and lows. Again, you are wrong in your representations.
Q: Are You Printing Money? Bernanke: Not Literally
Comments
All at one link or did you have to compile? Single link would be nice to save.
Keep an open mind, or get financially repressed -Zoltan Pozsar
Interesting how folk buy more when prices are high and less when low.
Approximately $1.5 billion in 2011 and only $250 million in 2018.
AMC volume yesterday was about $11 billion.
Knowledge is the enemy of fear
Yep, when nobody wants it that's the time to buy, when everyone is buying that's time to sell. Basically do the opposite of the herd for maximum returns.
The whole worlds off its rocker, buy Gold™.
Yep - like when AMC was $10 or GameStop was $7...
Thanks, that is a great list - saved. Cheers, RickO
And when gutter metal was $50. lol
The whole worlds off its rocker, buy Gold™.
And when gutter metal was $50. lol
Sour Grapes?
I knew it would happen.
Apparently for some.
The whole worlds off its rocker, buy Gold™.
$50
You may be the only person I know of who bought near the top. That’s the only explanation I can provide that can explain your trolling about silver.
Silver’s always been good to me. Always.😎
I knew it would happen.
A quick review of threads in this forum from April 2011 will show many folk who commented that they were buying silver or "doubling down" on leveraged long silver related etfs or preaching to HODL.
Its been a decade since silver was in the 40s. Thats quite a long period of negative return, especially when most every asset class has appreciated 3x or more.
Knowledge is the enemy of fear
Stick with gold and thank me later. Or I suppose you could just HODL and wait another decade to get back to even. (On paper) ((maybe)) lol
The whole worlds off its rocker, buy Gold™.
ive been banging the drum on owning morgan dollars instead of ASE's for almost a decade , these mintages are obscene . Not the fact that they are being made but they are brand new and the world is awash in ASE's why would anyone pay a premium for one?
Ounce of silver versus .7734. People like convenience and are bad at math...
Thanks for posting. Still holding a 1996 Roll.
100% Positive BST transactions
A quick review of threads in this forum from April 2011 will show many folk who commented that they were buying silver or "doubling down" on leveraged long silver related etfs or preaching to HODL.
Its been a decade since silver was in the 40s. Thats quite a long period of negative return, especially when most every asset class has appreciated 3x or more.
So, do I understand correctly that you bought silver in the 40s over a decade ago? If so, maybe you should find a good financial advisor.
I knew it would happen.
You do not understand correctly.
I do believe there was a warning though.
Knowledge is the enemy of fear
This is exactly the type of picking and choosing of statistics, to fit a narrative, that you railed against in the first (aborted) silver premiums tracking thread.
.
Lol
Jmski said he didnt know of anyone who was buying silver in the $40. I presented fact that showed many on this forum were buying and encouraging holding.
I furthered that buy stating a 100% true FACT that silver is lower than a decade ago that it had underperformed other major asset classes. No data is manipulated or selectively chosen. I did not choose the start date, blitz and jmski did.
Im not picking cherries, but i do believe you are eating sour grapes.
Lets just hope the next 10 years for silver is more fruitful.
Knowledge is the enemy of fear
I presented fact that showed many on this forum were buying and encouraging holding.
When was this? I don't remember you providing any such "proof".
I furthered that buy stating a 100% true FACT that silver is lower than a decade ago that it had underperformed other major asset classes. No data is manipulated or selectively chosen.
As a big proponent of buy low, sell high - it seems to me that if you weren't buying silver when it was low, you need a better financial advisor.
I did not choose the start date, blitz and jmski did.
Show me where I picked a date. You are wrong. Further, I always encourage sound money management, based on one's personal situation and that doesn't entail picking highs and lows. Again, you are wrong in your representations.
I knew it would happen.
The humor of all this jmski is that you would believe everything i said if i was holding (my) Pillow.
Now back to the OP.....does anyone want to guess the final mintage totals for 2021?
Knowledge is the enemy of fear
"does anyone want to guess the final mintage totals for 2021?"
hmmmm...demand will be sky high...but is there an issue sourcing 1 oz blanks (yes..I think there is a bottleneck)?
24,000,000 total 2021 ASE of both types but they could have sold 40,000,000
Loves me some shiny!