If you don't Silver Stack you will be left behind

Discussion in 'Bullion Investing' started by SunriseCoins, Mar 22, 2015.

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Silver or Fiat which one wins in the long run?

This poll will close on Mar 22, 2045 at 4:18 AM.
  1. Silver

    75.5%
  2. Fiat

    24.5%
  1. mikem2000

    mikem2000 Lost Cause

    I honestly don't know what you are trying to say. The overpriced crapola, and I think you are referring to assets, are not the goal. They are only the means to an end. They are what we convert into things we need and want, such as food, shelter, or a Caribbean vacation.

    When we talk about investing, holding the asset itself does nothing for us, it is simply how much stuff we can eventually convert those assets to, whether it be for ourselves or future generations. So I am really not seeing how these vehicles to a future end state are crapola. In addition, they are certainly not created equal. It is my belief it is a good thing to be discussing the pros and cons so folks can make better decisions to get more stuff in the end.

    Now as far as being short on Silver. The first thing is I no longer have that position. I basically have no position in metals.

    Even if I did though, there is no way posting on CT would effect that position in the slightest, so why not. As far as how it worked out, well, fantastic.... I could have held longer and made more, but it is all in the old posts when I first opened the position, and then later on when I closed it.
     
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  3. mikem2000

    mikem2000 Lost Cause

    Look, I was no big fan of the bailouts either, but it probably was the best decision for the majority of Americans, and as it has been pointed out many times, the tax payers did get that money back.
    If you feel those reckless folks should be held accountable, I can't really say you are wrong, but how does this tie Into PM's?

    As far as your opinion of the economy, it is my opinion it is just not as bad as you believe. I know when the employment numbers started their rise a few years back, the stackers were all saying the government is all making it up, it is all smoke and mirrors. That proved not to be the case though, there was strong job creation, you see it in the numbers, you see it driving to work as the roads are filled with cars, companies were. hiring. It was real, the stackers were wrong and the POS of silver went down as the "fear" subsided. Just as it should have.

    Now of course there are still many problems with the economy, but I do feel it is important to view things as objectively as we can, for if the economy is not totally in crapper, that really should be considered to make sound investment decisions. As stated above, the stackers made a strategic error when they refused to believe the numbers and kept buying silver in the face of an improving economy. They of course did pay a hefty price for that error of judgement. You know what they say about history....
     
  4. longnine009

    longnine009 Darwin has to eat too. Supporter

    I said *over priced* crapaloa. Especially wallstreet. If you don't see it that way that's your business. And who ever said we're suppose to sit around being all agreeable and nodding to each other. Any market that's not a food fighting freak show is just fake commoditized garbage to me. Which describes most investment markets most of the time doesn't it?

    So go ahead mike shake your head and "feel sorry" for me but most of what is called investing in this country is bologna to me and so over priced from the start. It's not just the assets it's the philosophy behind them. Stuff like 20/1 is a good value. Or there really is a perceptible difference between MS65 and MS66. Yeah I know people believe it. Probably millions believe in wallstreet. And thousands believe in TPG's. I don't. It's all bull pucks to me. So again mike
    if I'm going to eat fake food or more to the point invest in fake investments then it may as well be what I happen to like anyway.

    But hey, what do you care? You oppose silver-rip my face off if your so right and I'm so wrong and stop trying to save me.
     
  5. mikem2000

    mikem2000 Lost Cause

    Longnine,

    Look back at the posts, You asked ME to explain my position and I did, please go back a few posts and check for youself. It was you that engaged ME. If you didn't want my viewpoint, why did you ask????

    I am also not trying to save you, I am just putting forth an alternate point of view backed by facts and logic when I see a post that in my opinion is fundamentally flawed. As always people form their own opinions based on input they received. Trust me, I could care less about saving you or anyone else. You obviously have me confused with someone who gives a crap.
     
  6. mikem2000

    mikem2000 Lost Cause

    Ahhh, I am starting to see a fundamental difference here. When I eat food, fake or otherwise, I try to choose what is good for me, not what I like. When I was younger, I did try it your way, but it didn't work for me. I got very fat. Now I am a 57 year old hard body.

    I guess that carries over to my investing, by choosing things that are good for my financial heath, but if your way works for you, Stack On.......
     
  7. longnine009

    longnine009 Darwin has to eat too. Supporter

    I saw your $5 gold Indian today. It's a looker. Guess we can agree on that.
     
  8. mikem2000

    mikem2000 Lost Cause

    Sorry, not sure if you were addressing me, because I don't have a $5 Gold Indian, but I do love that coin.
     
  9. longnine009

    longnine009 Darwin has to eat too. Supporter

    Sorry I thought you alredy won it-the 1908S? It looks like it has a nice die crack too just above the chin that extends to the rim.
     
  10. -jeffB

    -jeffB Greshams LEO Supporter

    Wrong Mike. ;)
     
  11. longnine009

    longnine009 Darwin has to eat too. Supporter

    Seriously? Mikem2000 and Mike Noodle are not the same person?
     
  12. Gilbert

    Gilbert Part time collector Supporter

    Yes, some of us are "big boys" and do not appreciate you and several others here scorning stackers. Not that it is any of your business but I have stacked on and off for over fifty years and on paper my profit (%) exceeds most stock and bond portfolios of friends and family. But, I don't crow about it (to them) because I am mature enough to know things change, and many times those changes are out of our control.
     
    PeacePeople, galapac and slackaction1 like this.
  13. Revi

    Revi Mildly numismatic

    Silver is an insurance policy. If the world gets really bad one possibility is that silver will be accepted as money. There are a lot of other factors to consider, like the fact that if it is money you might get robbed, and being the only one with money in your town might get uncomfortable. I think it's best not to advertise that you have any.
    Right now it doesn't seem like a good investment, but that might change...
     
    Silverino likes this.
  14. DieHard11

    DieHard11 Member

    Approximately 55 percent of all silver is used for industrial purposes, including construction, computers, smart phones, and cars. The industrial/technological demand is predicted to increase at least through the next ten years. This should provide for a decent safety net even if its' value as a commodity may fluctuate day to day.
     
  15. mikem2000

    mikem2000 Lost Cause

    The silver Institute shows that industrial demand for silver has been going down for the last 10 years. Can you share a link with who is predicting an increase in the next ten years and why the reversal....

    https://www.silverinstitute.org/site/supply-demand/
     
  16. SunriseCoins

    SunriseCoins Active Member

    Somebody watching, somebody watching meeeeeee. Who can be now someone is watching meeeee.

    That is how this Thread is with all the nonsense and the Big Guy,the Big Cheese, the man him self so to speak,,,Silver.

    How about that Wall Street Pump today. Tis Tis, lies and falsehoods. THis now is nOt so uncommOn the Wall Street Pump and Smash as some here have said its not common they are flat wrong, its a few times A week or at least few times every 2 weekS for the last 3 months nOw.

    Silver will always go up just a fact of- the Silver the PM -. Lets not get to far in to the future saying the Silver the Metal will be down from now in 10 years from were it is now, this would go against all it has done in the past 60 years.

    Please remember, Understand, be part of the winnings Silver will produce in the Future as it has before and will always do in the future. The likely hood that we will return to price levels of 2006-07 is very much part of a likely happening and buyers must beware. I say Buy now work the average you will be rewarded. Not sure why pages and pages of Nonsense are wrote in this Thread even "if it is in a so well wrote out form still nonsense." If it is in, I rather like that. I am going to use that more often. It may touch folks better. My belief system tells me to watch the man, understand the man, do not be taken by the man. Have physical Silver, Have Strong hands reek the Winnings from Physical Silver. Them that thinks Silver will have no rewardings are Flat Wrong.
     
  17. -jeffB

    -jeffB Greshams LEO Supporter

    Now, are you here to talk about silver, or are you here to talk about Them?

    Hang on, I think I hear helicopters outside...
     
  18. green18

    green18 Unknown member Sweet on Commemorative Coins

    The child is father to the man.......
     
  19. green18

    green18 Unknown member Sweet on Commemorative Coins

    Black Blackhawks?
     
  20. longnine009

    longnine009 Darwin has to eat too. Supporter

    [​IMG]
     
  21. Revi

    Revi Mildly numismatic

    I am hoping for a massive short squeeze in silver. Apparently shorts are at record levels, making them ripe for the squeeze if silver turns around. Any thoughts on this?
     
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