Silver getting crushed today

Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.

  1. Lemme Caution

    Lemme Caution Well-Known Member

    Does this mean you're now a "dead man walking"? :hungover:
     
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  3. abuckmaster147

    abuckmaster147 Well-Known Member

    She asked the girl how long it would take to sell off that many shares she responded with a split second Ha Ha. Hopefully she can now pay her medical bills and gets some new Tires for her Suv.
     
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  4. abuckmaster147

    abuckmaster147 Well-Known Member

    Na I told her it may still go up but looked like as good as a time as any to do it if she was gonna.
     
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  5. Lemme Caution

    Lemme Caution Well-Known Member

    Okey dokey, that'll wash unless the market skyrockets. Then, change your name and move to Thailand. :phantom:
     
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  6. Lemme Caution

    Lemme Caution Well-Known Member

    Well, we do have to apportion our funds as best we can. :happy:
     
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  7. abuckmaster147

    abuckmaster147 Well-Known Member

    She can blame it on her boss if it does he has been telling her to dump it for months. We decided on 1/3 so she can still make or Lose on the other 2/3
     
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  8. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Yeah, given that the charts look like this, if it were true that 80% lose money, that must be that 80% of people are stone-cold idiots, as opposed to just 80% of goldbugs and silver stackers.
     
  9. Clawcoins

    Clawcoins Damaging Coins Daily

    hmmm.
    I have a Nasdaq and a S&P50 Index Fund.
    Maybe I should just roll my S&P $$ into my Nasdaq and go with it. :greedy:
    Sometimes it's better to have all your chickens in one egg basket. :chicken:
     
  10. Lemme Caution

    Lemme Caution Well-Known Member

    O.k., so it's the boss who is high-tailing it to the Andes. Ay, caramba! :jimlad:
     
    Last edited: Nov 3, 2017
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  11. Deadline

    Deadline Active Member

    "Answer a fool according to his folly, lest he be wise in his own conceit"
    Your abusive ad-hominem fallacy is not as subtle as your ego pretends it to be.
     
  12. -jeffB

    -jeffB Greshams LEO Supporter

    Speaking as someone who started investing in the late 1990s, nope nope nope.

    nasdaq-historical-chart-2017-11-03-macrotrends.png
     
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  13. Lemme Caution

    Lemme Caution Well-Known Member

    I think you mean NO...is that right? o_O
     
  14. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    What are the labels for the axes here, especially the Y-axis? Is that the S&P 500?
     
  15. abuckmaster147

    abuckmaster147 Well-Known Member

    Does anyone know if there is a chart for Nickel? When I was hoarding and coin roll hunting them I saved a large bag of canadian nickel Nickel's.
     
  16. -jeffB

    -jeffB Greshams LEO Supporter

    Sorry, that's the NASDAQ, and the Y-axis is nominal points, not inflation-corrected. Correcting for inflation, we still haven't recovered to the 1999 high. Click on the chart to go to my source.

    A large chunk of that 1999 peak was unsustainable Internet-frenzy dot-coms. Most tech companies took a hit during the crash, but the good ones recovered and then some. The trick, of course, is that you can't really tell which ones are "good ones" except in hindsight. I won't point any fingers at particular company valuations today.
     
  17. Clawcoins

    Clawcoins Damaging Coins Daily

    probably NASDAQ. Nasdaq didn't like the whole y2k thing as tech stocks really ramped up to it, then crashed later on.
    Naddaq_history.jpg
    ..
    ..
    I started investing back in 1980 with Johnson and Johnson stock.
     
  18. Clawcoins

    Clawcoins Damaging Coins Daily

    There have been many articles about nickel mining in the last several months. Supply has been large lately but due to electric vehicles and stuff the demand is growing for certain nickel mining.
    ==> http://www.infomine.com/investment/metal-prices/nickel/

    I can't find the articles I've been reading. But there is one certain type of nickel that they are after. so one has to be careful if they buy stocks in a mining company versus a generic fund.

    https://www.bloomberg.com/news/arti...ill-not-worth-five-cents-even-as-metal-surges
     
    Last edited: Nov 3, 2017
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  19. Clawcoins

    Clawcoins Damaging Coins Daily

    during the ramp-up I was showing ppl how crazy it was by buying individual shares of various stocks just to be profitable days later with the buy/sell fees included. It was a crazy time. eBay, toys.com (who later failed) and a variety of others during that time.

    Anyone who made a webpage to sell stuff just had investors going ga-ga over their stock. Until reality started setting in.
     
  20. Lemme Caution

    Lemme Caution Well-Known Member

    Fortunately, I have a Financial Manager. He keeps me on as a charity case. :oops:
     
  21. sakata

    sakata Devil's Advocate

    Okay, so I just got back to my computer and saw that PMs suddenly dropped. Is there some news I have not yet heard?
     
    Last edited: Nov 3, 2017
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