Yeah, I hope all my investments crash in value, so that I can buy more at cheaper prices
Exactly! Never understood this way of thinking. I would far rather buy into a rising commodity than a stagnant one and one that takes 6% one day beatings.
See the Bear in my avatar.
To forgive is to free a prisoner, and to discover that prisoner was you.
Gold and silver have been amongst the best performers in 2016.
Hike up your panties gentlemen. Geez. Embarrassing
mark
Walker Proof Digital Album 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......
A few months ago silver spot was a little over $14 and then it climbed to over $20. Let's face it---silver is a very volatile commodity and these big swings in price are to be expected.
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
I'm holding $0 gold right now. The most physical I ever held was about 35 ozs and it was all sold a few years ago. I won't pay $1200, $1300 or $1400 ounce for the same Au that was $500, $600 just a few years ago. Not that I think it's going back to $500-$600 because I don't but I would be absolutely stunned if it wasn't in the $800-$900 range within a few short years.
I have that much faith in the TPTB, I know they can get it there.
Originally posted by: VanHalen I'm holding $0 gold right now. The most physical I ever held was about 35 ozs and it was all sold a few years ago. I won't pay $1200, $1300 or $1400 ounce for the same Au that was $500, $600 just a few years ago. Not that I think it's going back to $500-$600 because I don't but I would be absolutely stunned if it wasn't in the $800-$900 range within a few short years.
I have that much faith in the TPTB, I know they can get it there.
Originally posted by: PerryHall A few months ago silver spot was a little over $14 and then it climbed to over $20. Let's face it---silver is a very volatile commodity and these big swings in price are to be expected.
I agree.
A few years ago and a pull back like this would have me upset. I finally lost that anxiety and don't mind at all when these swings occur. Let it fall a while... I'm happy to add to the stack while it's on sale.
I'm holding $0 gold right now. The most physical I ever held was about 35 ozs and it was all sold a few years ago. I won't pay $1200, $1300 or $1400 ounce for the same Au that was $500, $600 just a few years ago. Not that I think it's going back to $500-$600 because I don't but I would be absolutely stunned if it wasn't in the $800-$900 range within a few short years.
I have that much faith in the TPTB, I know they can get it there.
Or is it too little faith in "fundamentals"?
Nah. Eventually it will be clear for even the blind to see.
I'm holding $0 gold right now. The most physical I ever held was about 35 ozs and it was all sold a few years ago. I won't pay $1200, $1300 or $1400 ounce for the same Au that was $500, $600 just a few years ago.
2005 was the last time you could have bought gold in that range. Maybe the beginning of 2006.
mark
Walker Proof Digital Album 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......
Originally posted by: Justacommeman Gold and silver have been amongst the best performers in 2016.
Hike up your panties gentlemen. Geez. Embarrassing
mark
Emotions need to be ruled out of a trade.
When the brain is saying this is looking bad, it is a good idea to consider it.
We have October to wait for a possible rate hike. I'm not looking to buy until my ebay bucks near expiration or the low $1200 area is tested a couple of times and holds
It is scary bad looking right now. However, the fear does need to be put aside.
Bad jobs data report today. Jobs data always over inflated, so look for gold to gain.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
When the brain is saying this is looking bad, it is a good idea to consider it.
We have October to wait for a possible rate hike. I'm not looking to buy until my ebay bucks near expiration or the low $1200 area is tested a couple of times and holds
It is scary bad looking right now. However, the fear does need to be put aside.
What's scary? What's looking bad? Gold's short term technicals? What do you mean?
I think that the only thing that will make gold look bad is if it becomes unavailable or if it is banned.
Q: Are You Printing Money? Bernanke: Not Literally
I remember the Hunt Bros. fiasco like it was yesterday. Silver went from $50 to $5, where it remained laggard for nearly a quarter century ranging from $5 to $10. Then in about 3 years it jumped from $10 to $15 before it went to the moon again (circa 2007-2012). From this perspective, we could be between $15 and $20 for another quarter century. My motto is "buy what you like", then no matter what happens, you still like what you bought.
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Yeah, I hope all my investments crash in value, so that I can buy more at cheaper prices
Yeah, I hope all my investments crash in value, so that I can buy more at cheaper prices
Exactly! Never understood this way of thinking. I would far rather buy into a rising commodity than a stagnant one and one that takes 6% one day beatings.
See the Bear in my avatar.
Hike up your panties gentlemen. Geez. Embarrassing
mark
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......
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
I have that much faith in the TPTB, I know they can get it there.
I'm holding $0 gold right now. The most physical I ever held was about 35 ozs and it was all sold a few years ago. I won't pay $1200, $1300 or $1400 ounce for the same Au that was $500, $600 just a few years ago. Not that I think it's going back to $500-$600 because I don't but I would be absolutely stunned if it wasn't in the $800-$900 range within a few short years.
I have that much faith in the TPTB, I know they can get it there.
Or is it too little faith in "fundamentals"?
Knowledge is the enemy of fear
A few months ago silver spot was a little over $14 and then it climbed to over $20. Let's face it---silver is a very volatile commodity and these big swings in price are to be expected.
I agree.
A few years ago and a pull back like this would have me upset. I finally lost that anxiety and don't mind at all when these swings occur. Let it fall a while... I'm happy to add to the stack while it's on sale.
My YouTube Channel
I'm holding $0 gold right now. The most physical I ever held was about 35 ozs and it was all sold a few years ago. I won't pay $1200, $1300 or $1400 ounce for the same Au that was $500, $600 just a few years ago. Not that I think it's going back to $500-$600 because I don't but I would be absolutely stunned if it wasn't in the $800-$900 range within a few short years.
I have that much faith in the TPTB, I know they can get it there.
Or is it too little faith in "fundamentals"?
Nah. Eventually it will be clear for even the blind to see.
I'm holding $0 gold right now. The most physical I ever held was about 35 ozs and it was all sold a few years ago. I won't pay $1200, $1300 or $1400 ounce for the same Au that was $500, $600 just a few years ago.
2005 was the last time you could have bought gold in that range. Maybe the beginning of 2006.
mark
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......
Sure why not. Many people have been holding silver at this price for the last 10 years. What's another 10?
What?! You mean these same people did not sell in 2011 when we saw $50 SLV and $1900+ GLD?
I would not want to call any bluff's with these people.
Silver was in the high 30s or low 40s when the first pucks came out.
I'm still buried with them
MM when the first bullion pucks came out silver was around $28.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
Gold and silver have been amongst the best performers in 2016.
Hike up your panties gentlemen. Geez. Embarrassing
mark
Emotions need to be ruled out of a trade.
When the brain is saying this is looking bad, it is a good idea to consider it.
We have October to wait for a possible rate hike. I'm not looking to buy until my ebay bucks near expiration or the low $1200 area is tested a couple of times and holds
It is scary bad looking right now. However, the fear does need to be put aside.
We have October to wait for a possible rate hike.
Fed Whisperer Hilsenrath Kills November Rate Hike Hopes, Plays Down December Too
Bad jobs data report today. Jobs data always over inflated, so look for gold to gain.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
When the brain is saying this is looking bad, it is a good idea to consider it.
We have October to wait for a possible rate hike. I'm not looking to buy until my ebay bucks near expiration or the low $1200 area is tested a couple of times and holds
It is scary bad looking right now. However, the fear does need to be put aside.
What's scary? What's looking bad? Gold's short term technicals? What do you mean?
I think that the only thing that will make gold look bad is if it becomes unavailable or if it is banned.
I knew it would happen.
I remember the Hunt Bros. fiasco like it was yesterday. Silver went from $50 to $5, where it remained laggard for nearly a quarter century ranging from $5 to $10. Then in about 3 years it jumped from $10 to $15 before it went to the moon again (circa 2007-2012). From this perspective, we could be between $15 and $20 for another quarter century. My motto is "buy what you like", then no matter what happens, you still like what you bought.