TRYING TO "Play the GSR" -- HORRIBLE IDEA

Where did I say I get it cheaper. I usually pay $30-$40 over depending. I have never gotten at spot or under and never said I did. And I don't touch Silver. Its a joke.

 

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Every summer I read posts claiming they Sold in May and went away. I'm sure noons sold in May and went away this year.

 

I dont understand the reason to bash anyone for owning either metal, coins, bullion, whatever, it is not a competition between posters. Yes, Gold is the better metal to have now.
As Mike Maloney latest video shows, Silver mines have shuttered, only the waste from copper mines is supplying most of the silver. The price has been so low for so long, it only makes logical sense to buy it also and hope the GSR comes back, even if it doesn't and you only go up from here, that is good too.

 

GSR 92. POINT proven. I'm going to Platinum for the time being all well knowing I might lose.

 

Targets 60, 53, 44

 

Care to explain what the chart is saying?

 

I'd like to understand the rationale for skipping both the 2011 low and the pre-2010 highs when positioning those green lines. It all seems kind of arbitrary...?

 

What I see is a rising wedge, shown in green. I chose the upper line based on the slope of the two highs of 2014 and 2016. I did not include the pre-2010 highs because I am focusing on on the uptrend part of the cycle. I did not include the very bottom from 2011 because it was a blow-off top in silver. The blue line is the old high from 2008.
Yes Jeff, it is very arbitrary.
The targets were derived from a Fibonacci retracement of the old high and low.
If the GSR continues to rise, everything will have to be re-drawn. It has actually broken the upper trendline when a different set of data is used.

 

GSR now 93 as Gold, Platinum, and Paaladium are all up big again tonight and yep yep Silver down again.

Its almost like when there is billions of ounces of something they can't sell even at the peony price of $16 that item doesn't tend to go up in price.

The PMs have been exploding the last 3 weeks and silver hasn't done a thing.

 

So, how can you continue to come on here and trash-talk silver while you're unwilling to part with the silver that @Garlicus paid you money for over two years ago?

 

While it is nice to add up the not in hand profits on bullion, but the history( which the bullion dealers know quite well) is that even if it gets to 1600, 1700, 1800 people will hold on to it rather than sell and take the profit. Its happened in the past and the same bullion forum members rode it back down saying it was just a gut check and once the weak hands were eliminated it would zoom back up again and higher, etc. ,repeat again. Many on the forum are still holding some from that period but do not want to admit it. Plan when to sell and how much and do it , pocket profit. IMO, which goes against the grain for many , but if I want to take a chance on metals, paper options, contracts can be in or out in seconds, Best of luck. Jim

 

Why are you NOT addressing the calls on the forum from Members, not the Site to the silver problem you have with another Member. Can you clarify the situation or should we all just ignore you ? Honestly this is a clean site, but no one can or should involve themselves with you if you are stealing from members ?
Please answer or find another site to scam people... If you are scamming people. Your not a crook are you ?

 

I am betting he lives in a cheap Trailer Park somewhere, hardly has any money and the money he stole in the transaction paid for bus tickets to get and forth from the homeless shelter where he steals free meals back to the park...

One can only wonder... Maybe we can get a decent tracking IP and find a city, start there...

 

Gsr 92. Silver still does nothing like always. GSR 92. Still waiting.

 

Hmm. That's funny. Everyone sold their silver at $49.65 or whatever the high ended up being.

 

Some of them probably even delivered it after receiving payment, the suckers.

 

@goldcollector You’re not welcome here.