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<p>[QUOTE="avr5700, post: 1987438, member: 30063"]Figure I'll be buying again this weekend. This year has already seen two distinct points where I also bought and could have turned ~10% profit at my LCS inside of two months, even after adjustment for their buy/sell spreads. Will this be the third? Added volatility from severely over represented PM paper contracts that cannot be and were never intended for delivery is today's pricing norm.</p><p><br /></p><p>As long as the general trend in metals remains in the proverbial 'downward dog' state while my energy and food bills refuse to follow suit and the public debt mountain expands at record rates, I will not be losing sleep for buying against the advice of metals naysayers.</p><p><br /></p><p>After all, this appears to be a nicely painted fiscal corner to me. We must decide for ourselves what to believe about future repercussions thereof. I've sided with the Austrian camp, if only because that is the group that best reflects how all of us peons are obliged to run our own households. Allow me to monetize absurd amounts of personal debt without the associatively near immediate, possibly caged results and I'll be sorely tempted to join up with the Keynesian crowd. Sadly, unlike dear govy, I can't point a gun at several hundred million wage slaves' heads and call it 'full faith and credit'.</p><p><br /></p><p>Lastly, I'm always more impressed by prognosticators when they do as well in their investment returns as Marty McFly could have done with his future predicting sports almanac. At this point, that amounts to a turn on a phrase: 'show me the shorts'; for both then and now. Avoidance of loss is at best a theoretical win in that regard, but it goes better to show that at least some reasonable doubt undermines the general air of certainty being claimed, does it not?</p><p><br /></p><p>BTW - I'm currently rooting for sub $15 silver since none of my 'trucks' are scheduled to be 'backed' this weekend. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie10" alt=":oops:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="avr5700, post: 1987438, member: 30063"]Figure I'll be buying again this weekend. This year has already seen two distinct points where I also bought and could have turned ~10% profit at my LCS inside of two months, even after adjustment for their buy/sell spreads. Will this be the third? Added volatility from severely over represented PM paper contracts that cannot be and were never intended for delivery is today's pricing norm. As long as the general trend in metals remains in the proverbial 'downward dog' state while my energy and food bills refuse to follow suit and the public debt mountain expands at record rates, I will not be losing sleep for buying against the advice of metals naysayers. After all, this appears to be a nicely painted fiscal corner to me. We must decide for ourselves what to believe about future repercussions thereof. I've sided with the Austrian camp, if only because that is the group that best reflects how all of us peons are obliged to run our own households. Allow me to monetize absurd amounts of personal debt without the associatively near immediate, possibly caged results and I'll be sorely tempted to join up with the Keynesian crowd. Sadly, unlike dear govy, I can't point a gun at several hundred million wage slaves' heads and call it 'full faith and credit'. Lastly, I'm always more impressed by prognosticators when they do as well in their investment returns as Marty McFly could have done with his future predicting sports almanac. At this point, that amounts to a turn on a phrase: 'show me the shorts'; for both then and now. Avoidance of loss is at best a theoretical win in that regard, but it goes better to show that at least some reasonable doubt undermines the general air of certainty being claimed, does it not? BTW - I'm currently rooting for sub $15 silver since none of my 'trucks' are scheduled to be 'backed' this weekend. :oops:[/QUOTE]
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