@jmski52 said: @blitzdude - what's wrong? Did you panic and sell your SLV too low, again?
.
I don't believe anything he writes.
I wouldn't be surprised if he has sold short a lot of silver in recent months.
He claims to have an engineering/science degree and work experience in that.
But he makes up numbers to suit his narrative.
That is exactly the OPPOSITE of what a real scientist or engineer would do.
@jmski52 said: @blitzdude - what's wrong? Did you panic and sell your SLV too low, again?
.
I don't believe anything he writes.
I wouldn't be surprised if he has sold short a lot of silver in recent months.
Sorry, down to a measly 1010.86 shares of the paper gutter. 2 IRAs and a Robinhood for fun crypto/garbage stock account. THKS!
.
Ok, good for you then.
Personally, SLV is useless for me. If I buy silver, it is usually at a coin show or local shop. I need actual silver, not a paper receipt that can't be traded in for actual silver.
High-frequency trading is a crap-shoot. If I want to gamble, I'd rather play cards at the casino.
I can see why some people don't like silver vs. gold. It is bulky in meaningful quantities, e.g. hundreds of thousands worth, a 1000oz bar is a low range new car but the performance is there in appreciation and that is why I own both.
@jmski52 said: @blitzdude - what's wrong? Did you panic and sell your SLV too low, again?
.
I don't believe anything he writes.
I wouldn't be surprised if he has sold short a lot of silver in recent months.
Sorry, down to a measly 1010.86 shares of the paper gutter. 2 IRAs and a Robinhood for fun crypto/garbage stock account. THKS!
.
Ok, good for you then.
Personally, SLV is useless for me. If I buy silver, it is usually at a coin show or local shop. I need actual silver, not a paper receipt that can't be traded in for actual silver.
High-frequency trading is a crap-shoot. If I want to gamble, I'd rather play cards at the casino.
.
I really don't think Blitz or anyone on this forum is doing high frequency trading.
March 1, 2012 - is THAT when you bought your silver? No wonder you can't say a nice thing about it. Maybe you should keep playing in the SLV sandbox. You really shouldn't be allowed to handle real money if that's how you manage it.
I've added $2,000 face in recent months and my overall average cost is still only $17.23 per ounce. I may continue to add more, since the fundamentals look good to me right now.
My gold has done better for the past few years, so what? It's called "rotation", and silver is next.
Q: Are You Printing Money? Bernanke: Not Literally
In 2009 $9 silver was considered high. . . until it hit $50 three years later.
I remember wanting to sell my stack when the economy tanked but I remember thinking nah, just in case.. well, turns out I needed the money much more by the time 2012 rolled around, and was shocked silver was $50. I sold almost everything. I have no regrets at all.
Though, I really only recently realized how this had nothing to do with foresight, skill, or careful planning. I kinda just fell into it. But, it was still great. I'm very glad to have stacked when I did and sold when I did.
@jmski52 said:
I've added $2,000 face in recent months and my overall average cost is still only $17.23 per ounce. I may continue to add more, since the fundamentals look good to me right now.
That a boy Jim. Keep on buying high. It's almost 2012 again. Don't forget to sell this time. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
@blitzdude said:
I see a pattern alright, Au painting all-time highs and your gutter stuck in the hole half wat it was worth 4 decades ago. Stack on Jim. THKS!
you apparently don't see the profit in volatility. While gold maintains dollar value and nothing more, silver provides investment opportunity. Done properly a stack through reinvestment grows at no cost. So while you're casting stones at others by assuming they paid out of pocket for all the silver they hold they are laughing all the way to the cash out.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
@blitzdude said:
I see a pattern alright, Au painting all-time highs and your gutter stuck in the hole half wat it was worth 4 decades ago. Stack on Jim. THKS!
you apparently don't see the profit in volatility. While gold maintains dollar value and nothing more, silver provides investment opportunity. Done properly a stack through reinvestment grows at no cost. So while you're casting stones at others by assuming they paid out of pocket for all the silver they hold they are laughing all the way to the cash out.
Yeah I profit in volatility with the SLV, click, click while you and Jim be fumbling around with tubes of trinkets. You don't know anything other than what Bulguaria Hedge tells you. Keep praying for the end of days and stay hunkered down in the ole bunker there skippy. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
@blitzdude said:
I see a pattern alright, Au painting all-time highs and your gutter stuck in the hole half wat it was worth 4 decades ago. Stack on Jim. THKS!
you apparently don't see the profit in volatility. While gold maintains dollar value and nothing more, silver provides investment opportunity. Done properly a stack through reinvestment grows at no cost. So while you're casting stones at others by assuming they paid out of pocket for all the silver they hold they are laughing all the way to the cash out.
Yeah I profit in volatility with the SLV, click, click while you and Jim be fumbling around with tubes of trinkets. You don't know anything other than what Bulguaria Hedge tells you. Keep praying for the end of days and stay hunkered down in the ole bunker there skippy. THKS!
.
I think blitzeddude is actually a closet bunker dweller.
By that I mean, his "bunker" is literally a closet
Here is a blitzeddude quote from a few years ago in another thread:
.
@blitzdude said:
Now I will many times throw a slabbed collectable coin in the stack provided it's gold or silver and it can be purchased for melt value or less. I love pre-33 US gold for this very reason, I get to stack real money while some out there also believe them to have an additional collectable value. Somewhat of a hedge against the pure bullion play I guess. So long as we don't become some 3rd world country that drifts into total chaos at which time it could be reasonably assumed that all collectable value would totally vanish. But then I still have the Au.
@blitzdude said:
I see a pattern alright, Au painting all-time highs and your gutter stuck in the hole half wat it was worth 4 decades ago. Stack on Jim. THKS!
you apparently don't see the profit in volatility. While gold maintains dollar value and nothing more, silver provides investment opportunity. Done properly a stack through reinvestment grows at no cost. So while you're casting stones at others by assuming they paid out of pocket for all the silver they hold they are laughing all the way to the cash out.
Yeah I profit in volatility with the SLV, click, click while you and Jim be fumbling around with tubes of trinkets. You don't know anything other than what Bulguaria Hedge tells you. Keep praying for the end of days and stay hunkered down in the ole bunker there skippy. THKS!
.
I think blitzeddude is actually a closet bunker dweller.
By that I mean, his "bunker" is literally a closet
Here is a blitzeddude quote from a few years ago in another thread:
.
@blitzdude said:
Now I will many times throw a slabbed collectable coin in the stack provided it's gold or silver and it can be purchased for melt value or less. I love pre-33 US gold for this very reason, I get to stack real money while some out there also believe them to have an additional collectable value. Somewhat of a hedge against the pure bullion play I guess. So long as we don't become some 3rd world country that drifts into total chaos at which time it could be reasonably assumed that all collectable value would totally vanish. But then I still have the Au.
That slabbed gutter is long gone. Most of the slabbed Pre-33 still resides with me. That was certainly a good play. Thanks for digging that up. Hope you were listening there Cars. Education ultimately brought me back out in the sun and it's a beautiful place out here. Absolutely BOOMIN. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
@jmski52 said: @blitzdude - what's wrong? Did you panic and sell your SLV too low, again?
He doesn't realize he should be using AGQ to buy paper.
But that's a derivative and you've stated numerous times those are bad.
Because of their increased risk I 've state numerous times that the trillion$ held by banks in derivatives is bad, especially interest rate derivatives. Because they stand to much to lose in derivatives, their failure would require bailout at the expense of the taxpayer and the users of the currency. Derivatives must be monitored and traded accordingly and should not be traded with other people's money.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Comments
Today:
Gold +0.24%
Silver +1.03%
Get used to it.
I knew it would happen.
LOL guess you must have had amnesia yesterday. I'm used to another all-time high. THKS GLD!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
LOL guess you must have had amnesia yesterday. I'm used to another all-time high.
Au - New All-time high
Gutter = Half its 4 decade ago high
Get Used to it. THKS GLD!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
because it is a perfect example of a cup and handle chart? LOL
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Suspect you are what is high. Sniffing aluminum again?
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Today (Update):
Gold +1.17%
Silver +5.13%
Glad I bought some more silver this morning when it was only up 1.03%.
Get used to it.
I knew it would happen.
Buy High, Stack on Jim.
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
In 2009 $9 silver was considered high. . . until it hit $50 three years later.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
@blitzdude - what's wrong? Did you panic and sell your SLV too low, again?
I knew it would happen.
He doesn't realize he should be using AGQ to buy paper.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
.
I don't believe anything he writes.
I wouldn't be surprised if he has sold short a lot of silver in recent months.
He claims to have an engineering/science degree and work experience in that.
But he makes up numbers to suit his narrative.
That is exactly the OPPOSITE of what a real scientist or engineer would do.
.
I believe rising inflation for the next couple of months is being priced in... nat gas and copper is bullish.
Sorry, down to a measly 1010.86 shares of the paper gutter. 2 IRAs and a Robinhood for fun crypto/garbage stock account. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Stack on Jim.
Jim is my older brother, so it's not the slur you intended when you continue to call me Jim out of pure ignorance. It's a compliment.
I've bought significant lots of silver 3 times in the past month, and I've had Jim add significantly to his stack twice in the past month.
Silver is leaving gold in the dust. An all-time high in gold is somewhat irrelevant to what's happening in realtime.
Pay attention and learn, grasshopper.
I knew it would happen.
.
Ok, good for you then.
Personally, SLV is useless for me. If I buy silver, it is usually at a coin show or local shop. I need actual silver, not a paper receipt that can't be traded in for actual silver.
High-frequency trading is a crap-shoot. If I want to gamble, I'd rather play cards at the casino.
.
I can see why some people don't like silver vs. gold. It is bulky in meaningful quantities, e.g. hundreds of thousands worth, a 1000oz bar is a low range new car but the performance is there in appreciation and that is why I own both.
I really don't think Blitz or anyone on this forum is doing high frequency trading.
https://seekingalpha.com/article/4449351-high-frequency-trading?gad_source=1&gclid=Cj0KCQjwxsm3BhDrARIsAMtVz6OUFMBNdNxFx6Zma0eiMNGd2UCLZ4LEdP7mTtsYR8sPmIADVxaqtOAaApSlEALw_wcB&hsa_acc=5428037747&hsa_ad=708354965403&hsa_cam=20702154181&hsa_grp=168191369496&hsa_kw=&hsa_mt=&hsa_net=adwords&hsa_src=g&hsa_tgt=dsa-2222311224946&hsa_ver=3&internal_promotion=true&utm_campaign=21731513962&utm_medium=cpc&utm_source=google&utm_term=168191369496^dsa-2222311224946^^708354965403^^^g
Knowledge is the enemy of fear
Morning Jim. :ROLL RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
For the numerically-challenged
+5.13% > 0.78%
Learn math and you might fare a little better.
I knew it would happen.
Silver was not considered high in 2009....as it had backed off from $20 in 2008 , when it was considered high.
Knowledge is the enemy of fear
OK Jim lets try this again:
Gold 3/1/2012 $1721.00 today $2656.70
Gutter 3/1/2012 $34.56 today $31.77
Damn near 13 years later and you're still in the hole. Stack on. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
March 1, 2012 - is THAT when you bought your silver? No wonder you can't say a nice thing about it. Maybe you should keep playing in the SLV sandbox. You really shouldn't be allowed to handle real money if that's how you manage it.
I've added $2,000 face in recent months and my overall average cost is still only $17.23 per ounce. I may continue to add more, since the fundamentals look good to me right now.
My gold has done better for the past few years, so what? It's called "rotation", and silver is next.
I knew it would happen.
I remember wanting to sell my stack when the economy tanked but I remember thinking nah, just in case.. well, turns out I needed the money much more by the time 2012 rolled around, and was shocked silver was $50. I sold almost everything. I have no regrets at all.
Though, I really only recently realized how this had nothing to do with foresight, skill, or careful planning. I kinda just fell into it. But, it was still great. I'm very glad to have stacked when I did and sold when I did.
That a boy Jim. Keep on buying high. It's almost 2012 again. Don't forget to sell this time.
RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
That a boy blitzie, keep giving advice on silver. LOL
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Today:
Gold +0.94%
Silver +2.50%
Do you see a pattern here? Silver is just getting started, blitzie.
Get used to it.
I knew it would happen.
I see a pattern alright, Au painting all-time highs and your gutter stuck in the hole half wat it was worth 4 decades ago. Stack on Jim. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
you apparently don't see the profit in volatility. While gold maintains dollar value and nothing more, silver provides investment opportunity. Done properly a stack through reinvestment grows at no cost. So while you're casting stones at others by assuming they paid out of pocket for all the silver they hold they are laughing all the way to the cash out.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
More mental gymnastics.
Everything has a cost. You may account for it anyway you see fit, bit it still has a cost.
Knowledge is the enemy of fear
More mental gymnastics.
I see a pattern alright, Au painting all-time highs and your gutter stuck in the hole half wat it was worth 4 decades ago. Stack on Jim. THKS!
The only gymnastics that blitzie is capable of is the sandbox. Only derision and trolling.
I knew it would happen.
but coho always has his back. two peas in a pod.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
blitzie can't stand it because someone is making money in silver by knowing when and how to buy. Simple as that.
I knew it would happen.
Yeah I profit in volatility with the SLV, click, click while you and Jim be fumbling around with tubes of trinkets. You don't know anything other than what Bulguaria Hedge tells you. Keep praying for the end of days and stay hunkered down in the ole bunker there skippy. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
.
I think blitzeddude is actually a closet bunker dweller.
By that I mean, his "bunker" is literally a closet
Here is a blitzeddude quote from a few years ago in another thread:
.
That slabbed gutter is long gone. Most of the slabbed Pre-33 still resides with me. That was certainly a good play. Thanks for digging that up. Hope you were listening there Cars. Education ultimately brought me back out in the sun and it's a beautiful place out here. Absolutely BOOMIN. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Today:
Gold -0.25%
Silver +0.05%
Silver is still outperforming gold. The market fluctuates, but that's what's happening now.
I knew it would happen.
Silver is up more than 34% YTD and now at a 12-year high, beating the YTD returns of both gold and the SP500.
My US Mint Commemorative Medal Set
Silver remains the most volatile of the three, so don't be shocked if your numbers quickly change.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
But that's a derivative and you've stated numerous times those are bad.
Knowledge is the enemy of fear
Because of their increased risk I 've state numerous times that the trillion$ held by banks in derivatives is bad, especially interest rate derivatives. Because they stand to much to lose in derivatives, their failure would require bailout at the expense of the taxpayer and the users of the currency. Derivatives must be monitored and traded accordingly and should not be traded with other people's money.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Hypocritical drivel.
Knowledge is the enemy of fear
.
Are you a derivatives salesman ?
.
.
Derivatives make the dominoes top-heavy.
.
That's not what your interweb says....
Knowledge is the enemy of fear
.
So you are in the business of selling derivatives.
What sorts of derivatives do you sell to your clients ?
.
Knowledge is the enemy of fear
Love me some tasty Walleye. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Paper silver and gold. Sounds like fiat currency with all that paper.
Assembled a modest hill @12. I'm losing my shirt!😆