As I've mentioned previously, I find this forum to be a fantastic predictor of precious metals movement, not for the oftentimes dubious internet links, but for the fear and greed, arrogance and ignorance and apathy and bullheadedness frequently displayed. The ebbs and flows of emotion are what drive pricing. If a simple redneck can see, feel and understand this then you better believe those with big brains and deep pockets can as well.
.
I don't buy that for a second. You haven't predicted squat.
You have just described your own participation in this forum.
If you really wanted to use this forum as a predictive resource, you would be a lurker and not try to interfere with it.
As I've mentioned previously, I find this forum to be a fantastic predictor of precious metals movement, not for the oftentimes dubious internet links, but for the fear and greed, arrogance and ignorance and apathy and bullheadedness frequently displayed. The ebbs and flows of emotion are what drive pricing. If a simple redneck can see, feel and understand this then you better believe those with big brains and deep pockets can as well.
.
I don't buy that for a second. You haven't predicted squat.
You have just described your own participation in this forum.
If you really wanted to use this forum as a predictive resource, you would be a lurker and not try to interfere with it.
.
He certainly predicted the big Pt boom and made some peeps some serious $$$$ on the PPLT for those of us that were listening. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
As I've mentioned previously, I find this forum to be a fantastic predictor of precious metals movement, not for the oftentimes dubious internet links, but for the fear and greed, arrogance and ignorance and apathy and bullheadedness frequently displayed. The ebbs and flows of emotion are what drive pricing. If a simple redneck can see, feel and understand this then you better believe those with big brains and deep pockets can as well.
.
I don't buy that for a second. You haven't predicted squat.
You have just described your own participation in this forum.
If you really wanted to use this forum as a predictive resource, you would be a lurker and not try to interfere with it.
.
One can't learn anything from living in an echo chamber. It's only by opening the door, letting in the light and offering an alternative that one can understand the depth and breath of the echo chamber. The more fervent the resistance the more accurate the discovery.
I've actually gained quite a lot from you. Many thanks.
So, around 28.5% return, annualized. My question would have to be why you would think that bonds are any better?
It's only 18% annualized and only because of the current artificial manipulated price bump. Nobody is selling 100ozt gutter bars anywhere near spot so it's well less than even the 18%. Would have been much better just riding the S&P. Those gutter bars do make good doorstops at least. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
It's only 18% annualized and only because of the current artificial manipulated price bump. Nobody is selling 100ozt gutter bars anywhere near spot so it's well less than even the 18%. Would have been much better just riding the S&P. Those gutter bars do make good doorstops at least. RGDS!
Walk us through your calculations to show how you arrive at an annualized return of 18%. This should be very revealing.
My question was for coho, and maybe he can chime in with the current return on his 2017 silver at today's market prices.
Q: Are You Printing Money? Bernanke: Not Literally
Been there, done that all throughout the 70's, 80's and half of the 90's.
I started to change my thoughts on diversification about 20 years ago after reading a WSJ piece which pointed out that if you want average returns with more safety, diversification is the way to do it.
I was already onboard with the Austrian School of Economics, and was already convinced that adding physical bullion was the best savings plan available. It has proven to be not just correct, but very lucrative. I don't see any reason to change from that view now, considering the trajectory of our debt, spending and fiat money printing fixation.
Q: Are You Printing Money? Bernanke: Not Literally
Been there, done that all throughout the 70's, 80's and half of the 90's.
I started to change my thoughts on diversification about 20 years ago after reading a WSJ piece which pointed out that if you want average returns with more safety, diversification is the way to do it.
I was already onboard with the Austrian School of Economics, and was already convinced that adding physical bullion was the best savings plan available. It has proven to be not just correct, but very lucrative. I don't see any reason to change from that view now, considering the trajectory of our debt, spending and fiat money printing fixation.
$17 to $48 is a 182% gain. Over a 10-year period this calculates into an 18.2% annualized return. Some of use real math, and some use gutter math. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
As much as I hate to admit it, blitz is correct on the calculation. Still, 18% annualized over 10 years is good. How does that compare to 10 year Treasuries, compounded?
It's only 18% annualized and only because of the current artificial manipulated price bump.
To be objective, you can't ignore the results whether you think that the price is artificial, or manipulated regardless of how you interpret market movements. Maybe blitz's results aren't so good because he tries to time the market instead of having an understanding of the fundamentals over time.
Q: Are You Printing Money? Bernanke: Not Literally
@Wingsrule said: Excellent expression of your POV. Thank you.
Further, having studied Portfolio Theory and Risk it seemed clear to me that by "averaging in" over time, buying periodically when there were excess funds with which to do it, most of the market risk (in addition to counterparty risk) was ameliorated while the fundamentals only got stronger.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said:
As much as I hate to admit it, blitz is correct on the calculation. Still, 18% annualized over 10 years is good. How does that compare to 10 year Treasuries, compounded?
It's only 18% annualized and only because of the current artificial manipulated price bump.
To be objective, you can't ignore the results whether you think that the price is artificial, or manipulated regardless of how you interpret market movements. Maybe blitz's results aren't so good because he tries to time the market instead of having an understanding of the fundamentals over time.
Who cares if he’s accurate. YAWN. Stacking is about wealth PRESERVATION.
I listen to nobody blabbering on comparing precious metal to other asset classes. BORING
There should be plenty of room in a portfolio for the paper anyway. This isn’t rocket science.
As I've mentioned previously, I find this forum to be a fantastic predictor of precious metals movement, not for the oftentimes dubious internet links, but for the fear and greed, arrogance and ignorance and apathy and bullheadedness frequently displayed. The ebbs and flows of emotion are what drive pricing. If a simple redneck can see, feel and understand this then you better believe those with big brains and deep pockets can as well.
.
I don't buy that for a second. You haven't predicted squat.
You have just described your own participation in this forum.
If you really wanted to use this forum as a predictive resource, you would be a lurker and not try to interfere with it.
.
One can't learn anything from living in an echo chamber. It's only by opening the door, letting in the light and offering an alternative that one can understand the depth and breath of the echo chamber. The more fervent the resistance the more accurate the discovery.
I've actually gained quite a lot from you. Many thanks.
.
You have been banned from this forum at least once, because of things you wrote. You are not here to learn or teach.
I've seen it before. Financial sales "professionals" will do and say almost anything to keep their flock from straying into other pastures. This is because said financial professionals don't make money when people go into assets such as precious metals.
@softparade said: Stacking is about wealth PRESERVATION.
Yeah? I don't disagree.
There should be plenty of room in a portfolio for the paper anyway.
No difference between trading paper silver vs. paper soybeans, but there is a major difference between holding physical paper vs. physical soybeans. You aren't preserving wealth by trading paper.
This isn’t rocket science.
Nobody said it was.
Q: Are You Printing Money? Bernanke: Not Literally
As I've mentioned previously, I find this forum to be a fantastic predictor of precious metals movement, not for the oftentimes dubious internet links, but for the fear and greed, arrogance and ignorance and apathy and bullheadedness frequently displayed. The ebbs and flows of emotion are what drive pricing. If a simple redneck can see, feel and understand this then you better believe those with big brains and deep pockets can as well.
.
I don't buy that for a second. You haven't predicted squat.
You have just described your own participation in this forum.
If you really wanted to use this forum as a predictive resource, you would be a lurker and not try to interfere with it.
.
One can't learn anything from living in an echo chamber. It's only by opening the door, letting in the light and offering an alternative that one can understand the depth and breath of the echo chamber. The more fervent the resistance the more accurate the discovery.
I've actually gained quite a lot from you. Many thanks.
.
You are not here to learn or teach.
Many other would disagree with you. God Bless America.
@jmski52 said: There are dozens of calculators on the interweb. Do I need to show you how to use a calculator also?
You don't know how to calculate it?
I usually do it in my head. But you needed some proof. And I aint letting you in my head...its like the twilight zone in there and I dont think you could handle that. So I attached the calculator for your "proof".
And because you want to throw stones today....how about in the last 2 weeks you've demonstrated you don't know what a bond is and cant calculate returns. Maybe this is a topic you should just stay from?
As I've mentioned previously, I find this forum to be a fantastic predictor of precious metals movement, not for the oftentimes dubious internet links, but for the fear and greed, arrogance and ignorance and apathy and bullheadedness frequently displayed. The ebbs and flows of emotion are what drive pricing. If a simple redneck can see, feel and understand this then you better believe those with big brains and deep pockets can as well.
.
I don't buy that for a second. You haven't predicted squat.
You have just described your own participation in this forum.
If you really wanted to use this forum as a predictive resource, you would be a lurker and not try to interfere with it.
.
One can't learn anything from living in an echo chamber. It's only by opening the door, letting in the light and offering an alternative that one can understand the depth and breath of the echo chamber. The more fervent the resistance the more accurate the discovery.
I've actually gained quite a lot from you. Many thanks.
.
You are not here to learn or teach.
Many other would disagree with you. God Bless America.
.
Many others ?
A man two fingers could count them.
What did you write that got you banned ?
Why did you write it ?
What are your credentials ?
Why do you keep your profile 100% private ?
you've demonstrated you don't know what a bond is and cant calculate returns.
lol, you still obfuscate the Treasury's definition of a bond, and the calculator you used is only to calculate interest return. It doesn't reflect the reality of a 182% gain over 10 years.
You've intentionally mis-applied the wrong calculator.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: you've demonstrated you don't know what a bond is and cant calculate returns.
lol, you still obfuscate the Treasury's definition of a bond, and the calculator you used is only to calculate interest return. It doesn't reflect the reality of a 182% gain over 10 years.
You've intentionally mis-applied the wrong calculator.
He’s just using compound interest, which is correct. 17 x 1.11^10.
@jmski52 said:
As much as I hate to admit it, blitz is correct on the calculation. Still, 18% annualized over 10 years is good. How does that compare to 10 year Treasuries, compounded?
It's only 18% annualized and only because of the current artificial manipulated price bump.
To be objective, you can't ignore the results whether you think that the price is artificial, or manipulated regardless of how you interpret market movements. Maybe blitz's results aren't so good because he tries to time the market instead of having an understanding of the fundamentals over time.
I own plenty of gutter at sub $17. Still nowhere near one of my better investments. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
@jmski52 said:
lol, you still obfuscate the Treasury's definition of a bond, and the calculator you used is only to calculate interest return. It doesn't reflect the reality of a 182% gain over 10 years.
You've intentionally mis-applied the wrong calculator.
When computing total return over a period, it is customary to state the compounded rate of return. An investment at a price of $17 and ending at $48 over 10 years is a 10.9% compounded rate of return.
($48 / $10) ^ (1/10) = 1.1094
It is true that it is simple interest of 18.2% per year but that's not how these kinds of returns are computed.
The time weighed rate of return for any portfolio is the Ending Value minus the Beginning Value over the Beginning Value. 48-17/17 = 1.8235 or 182.35 % gain on the ten years or averaging 18.2 % per annum. Blitzdude was correct about 20 posts before. This is not what % rate gets me from today's value to the future compounded. Silver doesn't pay any cash flows that get compounded.
@jmski52 said:
Silver isn't a bond and compound interest doesn't apply to the return. It's a straight calculation, not IRR or NPV.
Don't you have an MBA?
At least you know silver isn't a bond, but a t-bill is.
You are the one who several posts ago turned this into an annualized rate of return calculation when you said it 28% (biggest lol ever). I just corrected you, for the the good of the forum.
You shouldn't be so concerned with the math, but your fervency to hold onto something that is incorrect.
At least you know silver isn't a bond, but a t-bill is.
You are the one who several posts ago turned this into an annualized rate of return calculation when you said it 28% (biggest lol ever). I just corrected you, for the the good of the forum.
You shouldn't be so concerned with the math, but your fervency to hold onto something that is incorrect.
You never stop, do you? I don't think you've ever advocated for any of the reasons to own silver and gold, which is pretty weird for a regular on a precious metals forum.
I believe that your purpose here is to discourage investment in precious metals in favor of stocks & bonds products. You have no interest in "the good of the forum".
Continue with the personal attacks and derision. Go for it. I challenge you to report on actual gold & silver developments and why people should own them.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: Is your MBA from a Cracker Jacks box?
At least you know silver isn't a bond, but a t-bill is.
You are the one who several posts ago turned this into an annualized rate of return calculation when you said it 28% (biggest lol ever). I just corrected you, for the the good of the forum.
You shouldn't be so concerned with the math, but your fervency to hold onto something that is incorrect.
You never stop, do you? I don't think you've ever advocated for any of the reasons to own silver and gold, which is pretty weird for a regular on a precious metals forum.
I believe that your purpose here is to discourage investment in precious metals in favor of stocks & bonds products. You have no interest in "the good of the forum".
Continue with the personal attacks and derision. Go for it. I challenge you to report on actual gold & silver developments and why people should own them.
As a general rule, miserable gits need others to be miserable
Comments
.
I don't buy that for a second. You haven't predicted squat.
You have just described your own participation in this forum.
If you really wanted to use this forum as a predictive resource, you would be a lurker and not try to interfere with it.
.
He certainly predicted the big Pt boom and made some peeps some serious $$$$ on the PPLT for those of us that were listening. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
I don't want 90% melted. It's part of our cultural heritage.
did you thank him?
The East Is Buying Gold. The West Is Buying Time.
2015.. about $17 average.
Knowledge is the enemy of fear
One can't learn anything from living in an echo chamber. It's only by opening the door, letting in the light and offering an alternative that one can understand the depth and breath of the echo chamber. The more fervent the resistance the more accurate the discovery.
I've actually gained quite a lot from you.
Many thanks. 
Knowledge is the enemy of fear
2015.. about $17 average.
So, around 28.5% return, annualized. My question would have to be why you would think that bonds are any better?
I knew it would happen.
It's only 18% annualized and only because of the current artificial manipulated price bump. Nobody is selling 100ozt gutter bars anywhere near spot so it's well less than even the 18%. Would have been much better just riding the S&P. Those gutter bars do make good doorstops at least.
RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Diversification
It's only 18% annualized and only because of the current artificial manipulated price bump. Nobody is selling 100ozt gutter bars anywhere near spot so it's well less than even the 18%. Would have been much better just riding the S&P. Those gutter bars do make good doorstops at least.
RGDS!
Walk us through your calculations to show how you arrive at an annualized return of 18%. This should be very revealing.
My question was for coho, and maybe he can chime in with the current return on his 2017 silver at today's market prices.
I knew it would happen.
Diversification
Been there, done that all throughout the 70's, 80's and half of the 90's.
I started to change my thoughts on diversification about 20 years ago after reading a WSJ piece which pointed out that if you want average returns with more safety, diversification is the way to do it.
I was already onboard with the Austrian School of Economics, and was already convinced that adding physical bullion was the best savings plan available. It has proven to be not just correct, but very lucrative. I don't see any reason to change from that view now, considering the trajectory of our debt, spending and fiat money printing fixation.
I knew it would happen.
Diversification > @jmski52 said:
Excellent expression of your POV. Thank you.
$17 to $48 is a 182% gain. Over a 10-year period this calculates into an 18.2% annualized return. Some of use real math, and some use gutter math. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
As much as I hate to admit it, blitz is correct on the calculation. Still, 18% annualized over 10 years is good. How does that compare to 10 year Treasuries, compounded?
It's only 18% annualized and only because of the current artificial manipulated price bump.
To be objective, you can't ignore the results whether you think that the price is artificial, or manipulated regardless of how you interpret market movements. Maybe blitz's results aren't so good because he tries to time the market instead of having an understanding of the fundamentals over time.
I knew it would happen.
I never said bonds were better (or worse). Why would anyone equate the two?
And on your math....it's actually about 11% per year.;)
Knowledge is the enemy of fear
I never said bonds were better (or worse). Why would anyone equate the two?
Weren't you advocating "bonds" about 6 months ago? And at that time, the yield even on short term Treasuries was only 5%.
Show me your calculation that yields 11%
I knew it would happen.
I said they weren't a bad deal at the time and I will have realized 7-15% since then. That's 15-30% annualized. Does that seem like a bad deal to you?
Knowledge is the enemy of fear
@Wingsrule said: Excellent expression of your POV. Thank you.
Further, having studied Portfolio Theory and Risk it seemed clear to me that by "averaging in" over time, buying periodically when there were excess funds with which to do it, most of the market risk (in addition to counterparty risk) was ameliorated while the fundamentals only got stronger.
I knew it would happen.
Who cares if he’s accurate. YAWN. Stacking is about wealth PRESERVATION.
I listen to nobody blabbering on comparing precious metal to other asset classes. BORING
There should be plenty of room in a portfolio for the paper anyway. This isn’t rocket science.
COPPER is gutter !
There are dozens of calculators on the interweb. Do I need to show you how to use a calculator also?
Knowledge is the enemy of fear
.
You have been banned from this forum at least once, because of things you wrote. You are not here to learn or teach.
I've seen it before. Financial sales "professionals" will do and say almost anything to keep their flock from straying into other pastures. This is because said financial professionals don't make money when people go into assets such as precious metals.
.
@softparade said: Stacking is about wealth PRESERVATION.
Yeah? I don't disagree.
There should be plenty of room in a portfolio for the paper anyway.
No difference between trading paper silver vs. paper soybeans, but there is a major difference between holding physical paper vs. physical soybeans. You aren't preserving wealth by trading paper.
This isn’t rocket science.
Nobody said it was.
I knew it would happen.
There are dozens of calculators on the interweb. Do I need to show you how to use a calculator also?
You don't know how to calculate it?
I knew it would happen.
Many other would disagree with you. God Bless America.
Knowledge is the enemy of fear
I usually do it in my head. But you needed some proof. And I aint letting you in my head...its like the twilight zone in there and I dont think you could handle that. So I attached the calculator for your "proof".
And because you want to throw stones today....how about in the last 2 weeks you've demonstrated you don't know what a bond is and cant calculate returns. Maybe this is a topic you should just stay from?
Knowledge is the enemy of fear
.
Many others ?
A man two fingers could count them.
What did you write that got you banned ?
Why did you write it ?
What are your credentials ?
Why do you keep your profile 100% private ?
I see no reason for anyone to take you seriously.
.
you've demonstrated you don't know what a bond is and cant calculate returns.
lol, you still obfuscate the Treasury's definition of a bond, and the calculator you used is only to calculate interest return. It doesn't reflect the reality of a 182% gain over 10 years.
You've intentionally mis-applied the wrong calculator.
I knew it would happen.
He’s just using compound interest, which is correct. 17 x 1.11^10.
Silver isn't a bond and compound interest doesn't apply to the return. It's a straight calculation, not IRR or NPV.
I knew it would happen.
I own plenty of gutter at sub $17. Still nowhere near one of my better investments. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
When computing total return over a period, it is customary to state the compounded rate of return. An investment at a price of $17 and ending at $48 over 10 years is a 10.9% compounded rate of return.
($48 / $10) ^ (1/10) = 1.1094
It is true that it is simple interest of 18.2% per year but that's not how these kinds of returns are computed.
Well then you fundamentally don’t understand the reason to stack.
COPPER is gutter !
Some stack gutter metal some stack the real deal. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
The time weighed rate of return for any portfolio is the Ending Value minus the Beginning Value over the Beginning Value. 48-17/17 = 1.8235 or 182.35 % gain on the ten years or averaging 18.2 % per annum. Blitzdude was correct about 20 posts before. This is not what % rate gets me from today's value to the future compounded. Silver doesn't pay any cash flows that get compounded.
P.S. I even have a small stack of the gutter, been trying to liquidate some of it but it ain't exactly easy. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
.
This is contradictory : "plenty" vs "small stack".
Since it is you, I assume the reality is "small stack".
.
He’s a tool bag. I’m assuming HE 😃
Could be a SHE. All due respect either way.
COPPER is gutter !
Fantasizing about yourself again? I always seem to find a "stalker" no matter what I do. SRVW!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Let me know when you are ready to compare. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
.
I think I finally figured it out. This explains everything.
All this time, you have had a bad case of Stack Envy
.
Don't you have an MBA?
At least you know silver isn't a bond, but a t-bill is.
You are the one who several posts ago turned this into an annualized rate of return calculation when you said it 28% (biggest lol ever). I just corrected you, for the the good of the forum.
You shouldn't be so concerned with the math, but your fervency to hold onto something that is incorrect.
Knowledge is the enemy of fear
To protect myself from stalkers like you. Your fascination with me is creepy.
Knowledge is the enemy of fear
Is your MBA from a Cracker Jacks box?
At least you know silver isn't a bond, but a t-bill is.
You are the one who several posts ago turned this into an annualized rate of return calculation when you said it 28% (biggest lol ever). I just corrected you, for the the good of the forum.
You shouldn't be so concerned with the math, but your fervency to hold onto something that is incorrect.
You never stop, do you? I don't think you've ever advocated for any of the reasons to own silver and gold, which is pretty weird for a regular on a precious metals forum.
I believe that your purpose here is to discourage investment in precious metals in favor of stocks & bonds products. You have no interest in "the good of the forum".
Continue with the personal attacks and derision. Go for it. I challenge you to report on actual gold & silver developments and why people should own them.
I knew it would happen.
As a general rule, miserable gits need others to be miserable