FROM calleocho: Tuesday December 06, 2011 10:53 AM Last time piecesofme said that silver was failing miserably it went up to nearly 50 a month later ....Where is redtiger when we need a reminder about contrarian sentiment
That in fact, is not true in and of itself either...but no apology needed. I'll just ask if the apx. 10% it's fallen since I called it and you mocked me enough pain for you, and those who still think Silver isn't the biggest dog in the Metals arena? Better get tougher, it's headed 25-30% for more pain possibly VERY soon.
I don't understand those who think something bad needs to happen and the metals will rise. Has anyone been paying attention? When the overall market falls, each day like clockwork, the metals go right down with it. So if something "bad" were to happen, where does that lead metals into?
Don't you all get it that the bad thing has ALREADY happened??? The overall markets have been falsely driven UP, Dow 12,000...S&P500 1280-ish. THAT is the bad thing. There is no way in hell the indicies should be anywhere near that high given the perdition state of the overall world economy. The bad thing has already happened...now the price for that false sense of security is being played out, very quickly.
To forgive is to free a prisoner, and to discover that prisoner was you.
pom, you are starting to sound more and more like cohodk. Yes, it could very well be the beginning of a new paradigm. Or not. Just remember, the money has to go somewhere, and when it is scared money like right now it tends to make mistakes.
Q: Are You Printing Money? Bernanke: Not Literally
Calleocho - it was about 4.5 months, not one month
lmao Mark...you've got too much time on your hands if you are keeping track of what kind of call everyone made here and when they made it bud lol. But thanks for pointing out the exageration made by him.
To forgive is to free a prisoner, and to discover that prisoner was you.
pom I agree with you that right now these metals are following the stock market, until that bottoms and we get QE it is probably a bear market for metals.
Silver crashed its moving average way back in October and gold just did today so this may go for a while. On a very large sell-off though you can have relief rallies, that is what silver had until recently.
My disclaimer to all this is that in a 3 year plan starting NOW (today is your first purchase), I think Gold would be a bad investment because the avg. person can't buy enough oz's to make it a significantly profitable investment and silver is stuck in the mud. You could buy enough, but the more you'd buy is just that much more dead money you'd be tied up in. Also, I am sepaking in terms of what the average person could do in this timeframe, not if you're well off and can do whatever you want with the money you'd be using to do this because it would really have no effect in your overall portfolio. >>
Buying the "Stick in the Mud" is at times the best investment for the long run. ?, do we really accept that this run up to $48.00 and change was the peak for three plus years to come.
NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
Comments
Tuesday December 06, 2011 10:53 AM
Last time piecesofme said that silver was failing miserably it went up to nearly 50 a month later ....Where is redtiger when we need a reminder about contrarian sentiment
That in fact, is not true in and of itself either...but no apology needed. I'll just ask if the apx. 10% it's fallen since I called it and you mocked me enough pain for you, and those who still think Silver isn't the biggest dog in the Metals arena? Better get tougher, it's headed 25-30% for more pain possibly VERY soon.
I don't understand those who think something bad needs to happen and the metals will rise. Has anyone been paying attention? When the overall market falls, each day like clockwork, the metals go right down with it. So if something "bad" were to happen, where does that lead metals into?
Don't you all get it that the bad thing has ALREADY happened??? The overall markets have been falsely driven UP, Dow 12,000...S&P500 1280-ish. THAT is the bad thing. There is no way in hell the indicies should be anywhere near that high given the perdition state of the overall world economy. The bad thing has already happened...now the price for that false sense of security is being played out, very quickly.
I knew it would happen.
Thems be fightin words, jmski. You looking for trouble?
Knowledge is the enemy of fear
lmao Mark...you've got too much time on your hands if you are keeping track of what kind of call everyone made here and when they made it bud lol.
I like arguing with facts. Much easier than opinions.
That explains why less than 2000 posts in 10 years here.
Oh, no man. I know better than to tangle with the cohodk. Especially when he's talkin tecknikal stuff.
I knew it would happen.
Silver crashed its moving average way back in October and gold just did today so this may go for a while. On a very large sell-off though you can have relief rallies, that is what silver had until recently.
<< <i>
My disclaimer to all this is that in a 3 year plan starting NOW (today is your first purchase), I think Gold would be a bad investment because the avg. person can't buy enough oz's to make it a significantly profitable investment and silver is stuck in the mud. You could buy enough, but the more you'd buy is just that much more dead money you'd be tied up in. Also, I am sepaking in terms of what the average person could do in this timeframe, not if you're well off and can do whatever you want with the money you'd be using to do this because it would really have no effect in your overall portfolio. >>
Buying the "Stick in the Mud" is at times the best investment for the long run. ?, do we really accept that this run up to $48.00 and change was the peak for three plus years to come.