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I'm forced to look at enough precious metal ads targeting the extremely naive.
They're worse than the housing ads before them.
Its not my problem youre to arrogant to read it
http://www.silverinstitute.org/aboutus.php
That's like giving me a link to Burger King as "proof" that buying burgers is a good thing because they say so.
LOLOLOLOL
"Silver Stocks Lose Luster as Industrial Demand Slows and Dollar Rises"
http://www.marketwatch.com/story/silver-stocks-lose-luster-as-industrial-demand-slows-and-dollar-rises-2011-10-03
"Additionally, a slowing global economy has crimped industrial silver demand."
Keep loading silver at your own financial peril.
ROFL!!!! A prediction from a kitco.com reporter? LOLOLOLOL
I think I read that silver use in industry is actually DOWN....the price rise is purely from speculators who don't understand basic math (or the smart ones exercising the Greater Fool Theory)
LOL then I must not have existed until 2003 and im really only 8 years old then.....good point.
LOL
You're going to lose your ass so bad.
Your alias wasnt born until 2003 - your and f'en liar
I was shorting the shit out if the NASDAQ bubble. People laughed at me across IHUB when I was shorting the Bejesus out of homebuilders and lenders with detailed mathematical DD. The precious metals bubble is more obvious.
You too will learn. You think the waiting list to buy silver is bad? Just wait until you try to sell it. Hang onto your EBay account.
Most silver gets used in industrial production. The world as we know it revolves around silver. Without it, there would be no chips, boards and to really stress the point even cruise missiles. Did you know a U.S. cruise missile has almost 500 ounces of silver in it?? Do you think it gets recycled? NO - its like all other silver. The U.S. government has tried desperately to demonitize silver by dumping tons on the market suppressing the price and this has led to overconsumption and now shortages.
People laughed at me when I was dumping all my money from internet companies into oil - lol
You too will learn
Oil gets burned. 98% of oil buyers buy oil for its fundamental use.
98% of silver gets bought.....as speculation. Muscial chairs ends ugly.
(my percentages may be way off, but you get the point)
Ive sold some to friends here on ihub and a little on ebay but my ultimate goal is to hold until the inevitable which is extremely higher prices. I waited over 10 years for my oil portfolio to mature I can wait for peak silver too.
The way to make big money is to make long term big bets.
Have you, do you ever sell any? What is your goal? If you don't mind sharing...
I inherited most of it. My great uncle collected a few hundred pounds of U.S. coins over his lifetime. When my great aunt died she left it to my dad and he gave it to me. June 2010 I started buying on my own then bam it started to rocket to 50 in August.
Im long over 7000 ounces of physical silver. I just bought another 6G worth this week. There is a waiting period even to get junk silver from APMEX.
The perfect long term arbitrage is short gold long silver IMO....canNOT realistically lose.
If I had $1 billion locked up for 20 years I would do $500 million of each.
While I disagree that silver is undervalued on its own, I fully agree that as a ratio to gold there is a massive mispricing between the two.
Maybe Gold but not Silver. Silver will essentially be extinct by the year 2020. The Silver market is comparable in size to the Platinum market. Im expecting Silver to reach prices comparable to Platinum. Not to mention the dollar will be at 50 (or lower) within the next year.
Took my massive percentage profits on my gold and silver shorts.
I look forward to shorting them again in the future. The most obvious speculative bubble since Tulip Mania.
One final takedown so naked short position can cover before position limts go into effect. You are looking at them meeting on the 18th.
After that, if you are still short, youre gonna lose your ass again.
AGQ & UGL puts, WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!
DIE GOLD
DIE SILVER
DIE DIE DIE!!!
Silver getting absolutely slaughtered 3rd day in a row. My puts are now up massively.
Rawnoc Friday, June 24, 2011 2:17:47 PM
Re: None Post # of 242
I continue to add to my gold & silver shorting. What I've been adding lately is AGQ & UGL puts (January expiration).
I'm not that comfortable with the timing as my shorting is LONG TERM (5+ year plan), however I will just continue to short gold & silver in new ways, new puts with new expiration dates.
Easy money. :)
Gold and silver getting slaughtered.
Well my silver and gold puts have come back from the dead and are on fire.
Anyone watching TWDL.. They are a mining company with claims at their Yellow Jacket and Blue Jacket mines in NV.
Company mineral reports are due prior to end of month per past PRs.
People make mistakes at times, no need to tempt them, right?
Would you be surprised if within an hour you find out gold is selling for 45 an ounce, india is now china, and all the opiates are removed from the pharmacy, the heroin is off the streets?
hey, it doesn't matter what the price is, its the top and the only thing moving the price up beyond platinum are the people trying to profit from selling and producing gold.
"Orgies tend to be wildest toward the end."
~~Warren Buffett
just let them bid it up the most they can while I keep calling it.
Myis, is anybody gonna get the gold top called right?
Seems like everybody and their granny is calling a gold top for a few years now. And getting creamed (corn) instead.
I'm calling a top overnight tonight at $1750.
looking solid for shorts, imo
Its the new arms race.
ah, don't have my streamer up....in and out all day
-19.50 and falling
Because one day when gold finally crashes from $50,000 an ounce to $40,000 an ounce in the year 2020, I want to brag to him and pretend I actually made a good call.
any particular reason why i shouldn't ban true blue?
Crap in a waste basket and then set it on fire when you leave
With what? I already went completely broke shorting silver and am typing to you from the library I broke into looking for food.
lmao - go ahead, short more!
Supposedly that done there dodd frank act is going to force all leveraged "precious" metal forex positions to close in the united states at eod
http://fxtrade.oanda.com/analysis/open-position-ratios
http://stockcharts.com/ <--- zls getting some popularity right now =D
and as far as gold goes... I'd put my money in rhodium with it being 1900 an ounce way before i ever dropped a cent into gold.. rhodium was 10 grand an ounce at golds peak
Gold is a f'ing joke investment
Dude..
I'm about to take a nappy nappy and wake up and get wasted
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If you buy gold its like purchasing a companies stock, but the only thing your investing in is a companies ability to dilute the share structure even further..
The more you pay for gold, the further they'll travel to the ends of the earth to get it... the more you pay for gold... the more cost effective technology and production will come into place... the faster and higher gold rises... the faster you will fall on your ...
http://www.business-standard.com/india/news/even-double-discounts-fail-to-lift-demand-for-gold/351122/
http://seekingalpha.com/article/120007-12-reasons-to-short-gold
http://www.goldworld.com/articles/dubai-gold-jewelry/361
http://www.jckonline.com/community/Internet+Jewelry+Sales/46016.html
http://seekingalpha.com/article/122777-is-gold-really-a-safe-haven
http://www.suburbanchicagonews.com/heraldnews/business/berko/1435908,4_3_JO18_BERKO_S1.article
http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=B134D62F-1871-E587-E15DB7D7A05F3857
http://business.watoday.com.au/business/markets/gold-eases-as-interest-fizzles-20090309-8sqk.html
http://www.tradearabia.com/news/RET_157589.html
SELL HIGH BUY LOW
Come here to discuss How, what, when, where and why gold will fall in price and to share articles pertaining to the fall of gold and/or why it may be a good time to short gold.
As well as providing and sharing T/A on gold and DZZ, in regards to when a decline is coming in gold or a rise is coming in DZZ.
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