Baley---Why are you dredging up all these old threads?
PerryHall
Posts: 46,140 ✭✭✭✭✭
What are your motives for dredging up all of these old threads that are months or years old?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
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I like it , people predicted a lot of things in some of them and its good to see how predictions turn out.
Plus new threads have not been exactly flowing freely recently
And a great investor is usually very humble. A little egg in the face never hurts but can go a long way. I'm up to ostrich eggs now.
Knowledge is the enemy of fear
<< <i>What are your motives for dredging up all of these old threads that are months or years old? >>
It's one sign that a bottom is in or nearly in.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
<< <i>What are your motives for dredging up all of these old threads that are months or years old? >>
Two guesses allowed per post.
<< <i>To show who's crystal ball was working. I realize that past performance in guessing PM prices is no guarantee of correctly predicting what's in store. It does, however, identify whose future prediction I take with a "grain of salt" or pay attention to. Also, make for interesting reading along with some "belly laughs"
+1
<< <i>
<< <i>What are your motives for dredging up all of these old threads that are months or years old? >>
It's one sign that a bottom is in or nearly in. >>
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Upon my return I stated if you are over 40, you will never see $40 again, and I'm sticking to that no matter what some are attemtping to brainwash me with (again)
Folks are as sure of their predictions as they were in past when they were proven to be wholly incorrect.
Admit it...you don't know where silver is going. You didn't have a whiff it was going sub $20.
Loves me some shiny!
If there's one thing I learned during my hiatus is my time is too valuable to argue with people who are completely unwilling to see another side of a story or point of view. It's a complete waste of valuable time. Something none of us can ever get back.
<< <i>To show who's crystal ball was working. I realize that past performance in guessing PM prices is no guarantee of correctly predicting what's in store. It does, however, identify whose future prediction I take with a "grain of salt" or pay attention to. Also, make for interesting reading along with some "belly laughs"
Right. Wrong four years in a row then PMs crash, old threads dug up, and now "their" crystal ball is working. Good luck paying attention to "their" future predictions.
I've watched old thread after old thread being dug up and posters who were wrong about PMs year after year after year now telling us "We told you so!". Bottom line is we continue to destroy our currency and the middle class along with it. That hasn't changed.
Carry on.
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>carew...this is my one & only response to you. I could care less what think about anything. Have a nice life, you're dead to me.
If there's one thing I learned during my hiatus is my time is too valuable to argue with people who are completely unwilling to see another side of a story or point of view. It's a complete waste of valuable time. Something none of us can ever get back. >>
Lighten up Francis.
That was collective "you".
I forgot that anyone responding directly after you, has each word parsed for any morsel that can be used to hijack the thread into a hunger games style p*ssing match.
'I bet you think this post is about you, don't you, don't you".
Geez.
I stack because I believe in silver. When it drops like this I press the gas pedal.
Never going to $40 again sounds like all of threads where people said you will never be able to stack at $15.
Loves me some shiny!
<< <i>
<< <i>carew...this is my one & only response to you. I could care less what think about anything. Have a nice life, you're dead to me.
If there's one thing I learned during my hiatus is my time is too valuable to argue with people who are completely unwilling to see another side of a story or point of view. It's a complete waste of valuable time. Something none of us can ever get back. >>
Lighten up Francis.
That was collective "you".
I forgot that anyone responding directly after you, has each word parsed for any morsel that can be used to hijack the thread into a hunger games style p*ssing match.
'I bet you think this post is about you, don't you, don't you".
Geez.
I stack because I believe in silver. When it drops like this I press the gas pedal.
Never going to $40 again sounds like all of threads where people said you will never be able to stack at $15. >>
Do we issue POTD anymore?
Bringing up old threads after a big drop and after the fact doesn't negate any of the reasons for stacking precious metals, especially when the prices are down.
Nothing has changed for the better. Carry on.
I knew it would happen.
at $38 strike price ($39-$40 silver). The other high OI strike price is at $24.
The last time we were here was in 2008 at $8.50 or so, from there we went to $49.87.
Where will we end up from the $18.70 point now, to ? using the math from 8.50-49.87 above puts us at a future $109.40 ( if history simply repeats)
But if it goes to $2.00-$2.50, guess who will be buying a 40' cargo container of the stuff- Yes yes yes NumbersUSA
Beware, if it solidly breaks 18.00 (12 year line, or 144 months) we may be in for an even more serious decline to the historic 2.50-5.00 range- Always keep this in mind.
This 12 year line in the sand is it, it either holds and we make a long drive upward that surpasses all previous long run ups, or we see it broke and a return to the flat lands of $2.50-$5.00.
If it goes that way, the flat lands could very likely be the $4.50-8.00 range with a dip into the 3.00-3.50 from time to time.
to sum up, my money is currently on the premise that the $18.00 12 year line holds and we are off for the long haul again. But money management requires an exit plan. If 18.00 is solidly broke then exiting and waiting for the floor to buy again is a plan. Or if a true stacker, then just hold off on further purchases until the floor is in as spelled out above.
Currency Wants: Any note with serial number 00000731