Just sayin'

cohodk · October 26, 2012 1:31AM

Amazing how quite this forum gets when the metals are weak.

I went away for 4 days and hardly a new thread. Probably not more than 100 comments made on the whole forum.

Buying time?

DrBuster · October 26, 2012 1:40AM

I think folks are still cautious after the last sticky thread went up. Could hear a pin drop for a couple days after that.

Calm before the storm maybe...I know I'm waiting to do some buying, but the usual yearly xmas contract ending BS has me stacking a bit more cash just in case I need to float.

Justacommeman · October 26, 2012 1:46AM

Actually even when metals were moving up it was extremely quit PM post wise. Political and OT threads were the rule and not the exception the past few months.

MJ

gsa1fan · October 26, 2012 1:50AM

Frankenstorm!

tneig · October 26, 2012 2:00AM

The slow rolling sideways movements don't stir much new questions in spot and buying physical. The get rich quick stuff and hype articles have slowed and moderated a bit. Pin did drop, still hear it ringing. I wish there were more discussions on the paper side for newbies.

Pokermandude · October 26, 2012 2:01AM

We're just resting. And some are busy biting their tongues now that politics threads have been banned

I still think we have a little more ways to go before it's time to buy hand over fist.

mhammerman · October 26, 2012 2:03AM

So, we're just talking about only PM's now. PM's without all the surrounding geopolitical drama discussion and conspiracy theories that accompany them leaves us with posts that sound like one hand clapping. After everyone prognosticates about movement, what else is there but a little metal porn on Friday, some questions about this and that and maybe some stock discussions. Hey, nobody wants to get bammed but in all fairness to the owners of this fine forum, there was some impolite political discussion and I don't think any of us are particularly interested in reading posts from people with poor social skills. We can always rely on commeman talking about his latest trips abroad to keep us entertained, that's pretty fun.

cohodk · October 26, 2012 2:05AM

I kinda like the fact that interest has waned.

Lets see how the discussion shifts after the elections.

piecesofme · October 26, 2012 3:27AM

Whats the point? Thought it was a discussion board, but it's really not if it's not metals related. But whoever is the next Pres. is going to be will directly determine what metals are going to do. I see the connection, but I do not make the rules.

jmski52 · October 26, 2012 3:31AM

Markets don't like uncertainty, and there's hardly a more uncertain time than just prior to a close presidential election.

Santelli had some comments this morning about all of the central banks, continuing to create more money - making the point that the US isn't unique in all of this.

Dow/gold = 7.63 (rolling over)

Government Reported Rate of Inflation = 2.0%

Real Interest Rate = 90 Day T-Bill Rate minus Inflation Rate = 0.1% - 2.0% = -1.9% (based on current inflation index)

2.0% - 5.4% = -3.4% (based on 1990 inflation index)

2.0% - 9.5% = -7.5% (based on 1980 inflation index)

Gold & Silver have gained between 20% - 55% when real interest rates are low (2% or under) or negative, from 1970 through 2010.

A negative real interest rate implies that you must pay for having cash savings, instead of earning interest on it. This is an incentive to spend money or find investments having a return higher than the rate of inflation simply to break even. Unfortunately, a higher return in a weak economy implies much higher levels of risk, i.e., higher potential for loss of capital.

It's all relative, Dave.

NumbersUsacom · October 26, 2012 4:36AM

<< Amazing how quite this forum gets when the metals are weak.

I went away for 4 days and hardly a new thread. Probably not more than 100 comments made on the whole forum.

Buying time? >>

Nah its because we can't post any more Silver and Gold related to Politic threads. Takes all the pizzaz out of it.

Baley · October 26, 2012 5:18AM

Things were going just fine with "related" discussions around here until it went too far too many times and ruined it for everyone

johnny9434 · October 26, 2012 5:31AM

<< Frankenstorm!

>>

yeah yeah, sandy frankenstorm is coming thru and everyione left town. theyll be back

johnny9434 · October 26, 2012 5:31AM

<< 

<< Frankenstorm!

>>

yeah yeah, sandy frankenstorm is coming thru and everyione left town. theyll be back

>>

piecesofme · October 26, 2012 9:26AM

Nah its because we can't post any more Silver and Gold related to Politic threads. Takes all the pizzaz out of it.

Exactly. What's the point? I see how whoever the Pres. is going to be directly relates to what precious metals will be persuaded to do, but I don't make the rules.
I also think alot of it is pent up frustration due to metals, esp. silver, getting so hyped up to soar only to actually now fall. Like I said, what's the point? It is what it is and everyone knows it, so what's to talk about if related topics that directly effect can't be discussed?

btw...$32.50 is to $32 what $35.50 was to $35 silver. A last gasp before falling further.

Wingsrule · October 26, 2012 9:39AM

I think it was threads such as "Who won the debate?" and "Who will you vote for?", etc. that are the reason for reiterating / enforcing the existing rules. PMs were never part of those threads, just politics.

piecesofme · October 26, 2012 9:48AM

who cares anymore? What's left to talk about...how badly they are performing for what the expectations are? It's become a bad investment. I can't imagine anyone embarking on actually buying metals from here if this was their starting point.
Everyone, most everyone talsk about how good it's doing because they have what still is considered to be a decent cost avg. But I say, what about the people entering, or wanting to enter into the realm? You actually think those people are impressed by silver? C'mon, be honest with yourself. Those people are saying wth? QEinfinite is a reality and the thing goes DOWN? c'mon man. Try seeing it from the new money point of view, and not just your selfish point of view because you've been in since $10 silver.

gsa1fan · October 26, 2012 9:59AM

PM's are a store of "wealth" I thought

piecesofme · October 26, 2012 10:09AM

I think it was threads such as "Who won the debate?" and "Who will you vote for?", etc. that are the reason for reiterating / enforcing the existing rules. PMs were never part of those threads, just politics

maybe it's because of the preceeding threads that talked about guns & ammo that have absolutely nothing to do with pm's that didn't go away? Just sayin'

Let's remember what started it...the willingness to not make one subject be taboo, and not another that was born out of it.

DrBuster · October 26, 2012 10:25AM

Pom has faith in fiat and its' supprting policies I see.

Mercfan · October 26, 2012 10:41AM

<< Buying time? >>

Jeepers, Dave, I've come to look to you as a reliable, rational, and informed provider of answers to this question, not the asker of it.

Personally, I see this is a great time and price point to accumulate additional silver.

Julio · October 26, 2012 10:43AM

POM; did you learn seven languages? Re: your Icon. Take care. jws

Wingsrule · October 26, 2012 11:07AM

maybe it's because of the preceeding threads that talked about guns & ammo that have absolutely nothing to do with pm's that didn't go away?

If that were truly the case, then I think his thread would have been titled "No more guns and ammo threads" instead of "No more politcal posts". Just sayin'

edited to correct the name of the thread

cohodk · October 26, 2012 3:02PM

<< 

<< Buying time? >>

Jeepers, Dave, I've come to look to you as a reliable, rational, and informed provider of answers to this question, not the asker of it.

Personally, I see this is a great time and price point to accumulate additional silver.

>>

Interesting enough, I take a lot of trading clues from you guys.

BTW---How you been?

jdimmick · October 27, 2012 11:16AM

In the past two weeks buyers have dropped off considerably for gold and silver in t he store. The fact that its not doing anything and the perception it may correct some more has left some sitting on the sidelines waiting it out.

I do believe that the election results tue night will directly affect the metals (just on perception alone) It may reverse back over some time to where it was, but there will be a significant adjustment (direction depends on outcome) out of the gate.

piecesofme · October 27, 2012 11:25AM

I do believe that the election results tue night will directly affect the metals (just on perception alone) It may reverse back over some time to where it was, but there will be a significant adjustment (direction depends on outcome) out of the gate

Bingo! It's always calmest before the storm. Could get crazy either way simply based on perception as you say. It's all about speculating anyway isn't it?

My advice is, watch out for head fakes. When it goes to what you think is just an absolute stupid level, that's when you buy/sell.
What would scare me more than anything is more of the same stagnant (for the most part) levels. We will have a clearer picture 11/7, QE infinite, be out of Oct. which is typically the worst month for the market. If that doesn't push one way or the other, what will? Another War?

MsMorrisine · October 27, 2012 11:36AM

politics aside, I tried.

you can't look at the markets and know the fed is doing more QE. what's up with that? and as a result, do they do up the dollar volume? 2x? 3x? 10x?

MsMorrisine · October 27, 2012 11:40AM

OTOH, is QE helping with silver at $32 and gold at $1700?

I was thinking like MJ, 200 points down and silver didn't dive $1+ ???

cohodk · October 27, 2012 1:49PM

<< OTOH, is QE helping with silver at $32 and gold at $1700?

I was thinking like MJ, 200 points down and silver didn't dive $1+ ??? >>

I think some people are choosing to see what they want to see. Silver is down 10% from its Sept highs while the SP-500 is down less than 5%.

Just sayin'

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