Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
@BruceS said:
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
@BruceS said:
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
@BruceS said:
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
@BruceS said:
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
I'l let PC speak for himself, but as someone who was in general agreement with that comment, it would not surprise me if we go sideways on the charts (including this decline) for 18-24 months...maybe even a bit longer.
Silver had a HUGE speculative move and lots of people got caught and trapped. You don't clear that out in a few months even with a 60% decline. It's going to take longer, though not as long as 1979-80 or 2011-12.
I'l let PC speak for himself, but as someone who was in general agreement with that comment, it would not surprise me if we go sideways on the charts (including this decline) for 18-24 months...maybe even a bit longer.
Silver had a HUGE speculative move and lots of people got caught and trapped. You don't clear that out in a few months even with a 60% decline. It's going to take longer, though not as long as 1979-80 or 2011-12.
Took a decade plus both times to hit new highs You expecting that again?
@BruceS said:
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
Time for an update?
"sideways" may not appear for a short while.
Governments can print currency. Only the people can print faith in it — and they’re running low on ink.
Comments
I'm just glad to get a reprieve from updating this thread.
Kitco is crashing..... I haven't bought or sold during this whole parabolic rise, I'm still 5 to 8 years till retirement....it was a fun ride for sure, just as a spectator and a long time stacker...
Can't wait to see what's next ..
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Ouch on silver....ouch on all of the PMs today
What's next is likely a consolidation period where silver will go sideways for a while. Then I'm expecting another leg up.
Time for an update?
Knowledge is the enemy of fear
LOVE IT!
COPPER is gutter !
Did they stop spending and printing? Did fuel prices collapse yet?
Yeah, I didn't think so. The pressure is building and it won't be too long before the market reasserts itself.
I knew it would happen.
Nope, no new highs.
Buy day ? I say !
Before you criticize another you should walk a mile in his shoes. Then, you’ll be a mile away and you’ll have his shoes.
He can't read
COPPER is gutter !
I'l let PC speak for himself, but as someone who was in general agreement with that comment, it would not surprise me if we go sideways on the charts (including this decline) for 18-24 months...maybe even a bit longer.
Silver had a HUGE speculative move and lots of people got caught and trapped. You don't clear that out in a few months even with a 60% decline. It's going to take longer, though not as long as 1979-80 or 2011-12.
Took a decade plus both times to hit new highs You expecting that again?
Knowledge is the enemy of fear
"sideways" may not appear for a short while.
Governments can print currency. Only the people can print faith in it — and they’re running low on ink.
All new silver "highs" are specutative highs. Speculation always reverses itself.
Governments can print currency. Only the people can print faith in it — and they’re running low on ink.
You sound like Blitz.
Knowledge is the enemy of fear
nope, he repeatedly claims there is no money to be made. I have repeatedly claimed there is lots of money to be made.
Governments can print currency. Only the people can print faith in it — and they’re running low on ink.
I dont think hes ever said theres no money to be made. In fact i think his gutter helped him retire.
Knowledge is the enemy of fear
Maybe coho can tell us............what's the average length of time that a stock position is held these days? Something like 6 or 8 months?
It's hard to trade in a manipulated market when you only hold your position a short time - even when the fundamentals and the trend are quite obvious.
It still only makes sense to "average in", and then to "average out". Trading paper with a hair trigger is a poor bet.
I knew it would happen.
LOL. Bizzaro world?
Governments can print currency. Only the people can print faith in it — and they’re running low on ink.
Isnt holding a position for a short time, the definition of trading? Your sentence contradicts itself.
Can you restate your viewpoint?
Knowledge is the enemy of fear
Isnt holding a position for a short time, the definition of trading? Your sentence contradicts itself.
There's no contradiction in my statement.
I knew it would happen.
Ok, well, it doesnt make amy sense.
Trading IS holding a position for only a short time, yet you state trading is hard when you only hold a short time.
Knowledge is the enemy of fear
Learn the English language coho.
I knew it would happen.