Is It Time For Silver?

Discussion in 'Bullion Investing' started by yakpoo, Jun 21, 2019.

  1. yakpoo

    yakpoo Member

    Could this be the start of the third leg down of the GSR?
    How low will it go?

    xCoin-Hoarder'92x likes this.
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  3. Player11

    Player11 Bullish

    Yes I think silver has potential but don’t go over your investment / storage limit.
    ripple likes this.
  4. goldcollector

    goldcollector Member

    Well of course no one will bump this prediction so yes yes let's see how close "YOU" got.

    Gold is currently over $1500 which is higher than you predicted.

    You predicted silver $25 which would have been about a 50% gain from the $18.05 spot at the time. Nope no 50% gain ( I'm shocked ) . Nope instead of the 50% gain you predicted, it has actually dropped. Again, I'm shocked. But don't worry, you are certainly not the only one to make constant, impossible, no chance in hell, always wrong predictions about silver going through the roof.
  5. myownprivy

    myownprivy Well-Known Member

    Ignore the accused thief named goldcollector.

  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Silver gains and losses are so marginal, that you have to have a million once,s
    To make any type of nice profits, .001 in gains is not a formula for success
    ripple and goldcollector like this.
  7. HaleiwaHI

    HaleiwaHI Active Member

    Still alive to stack silver!
    ripple likes this.
  8. goldcollector

    goldcollector Member

    Have to give him his props on gold. He said $1500 and it's $1501. Nice

    People are pretty reasonable when predicting the price of other metals but seem to always go overboard into the realm of absurdity when predicting silver.

    I mean $25 an ounce never had a chance of even being close. I saw several prediction saying $400-$700 by the end of this decade and it actually dropped this decade.
    ripple likes this.
  9. Santinidollar

    Santinidollar Supporter! Supporter

    Time’s running out for @goldcollector to go steal our Christmas presents.
  10. masterswimmer

    masterswimmer Well-Known Member

    Randy Abercrombie likes this.
  11. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Well-Known Member

    Not all moves are that marginal. There are occasional weeks where a 10% gain can happen. There is a day in April 2013 I can remember silver losing $3 (-11%) and gold losing $140 (-9%) in a 24 hour time frame, both metals took an even hit. Let's not make it sound like silver is for the peasants bobbing for apples in the street. :cigar:
    ripple likes this.
  12. -jeffB

    -jeffB Greshams LEO Supporter

    No, silver is apparently for chiselers who offer to sell it, then don't deliver after they're paid, and pretend it never happened.
  13. HaleiwaHI

    HaleiwaHI Active Member

    Yikes, who lit up your hibachi & chose not to invite you to dinner?
  14. -jeffB

    -jeffB Greshams LEO Supporter

    Same guy who keeps watering my cornflakes, I guess.
    Kentucky, Stevearino, JCKTJK and 2 others like this.
  15. masterswimmer

    masterswimmer Well-Known Member

    Same guy who pee'd on @Garlicus 's Cheerios.
    JCKTJK and xCoin-Hoarder'92x like this.
  16. goldcollector

    goldcollector Member

    Ok so we have the silver side version now here is the truth. It was April 15 to 16 by the way.

    First 9% and 11% are not an "equal hit". Second silver fell from $27.40 to $23.54 which is $4.16 not $3 and it was an over 15% fall not 11%. Gold fell from 1483 to 1367 on that day losing 116 which is less than 8%.

    So it wasn't 11 vs 9%, it was over 15% vs under 8%. Silver took nearly double the drop. Hardly an "equal hit".

    Despite the fact that silver took nearly a double drop it has somehow managed to lose another 26% or so while Gold has gained back all it lost that day plus adding a little profit. So the Gold drop that day and later throughout the year was simply an opportunity for Gold buyers to buy cheaply and make even more gains. Meanwhile the silver crowd screaming about buying the dips just continued to lose.

    So yes just further proof that silver is the Powerball ticket of metals. Such big promises but it always ends of losing. They say silver is in short supply, the only thing in short supply on the silver side is actual facts.
    Last edited: Dec 25, 2019
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Compare apples to apples, who cares about the percentages, as your looking
    At the amount of money actually lost or gain $5 -$10 dollars versus hundreds
    A 1 Oz Silver eagle is about $20 a gold eagle is $1,500 a big difference!!
    goldcollector likes this.
  18. masterswimmer

    masterswimmer Well-Known Member

    Thinking anybody cares about what this shyster says...

  19. WoodyWW

    WoodyWW Junior Member

    FWIW: article in Barron's today--"Silver, Platinum Missed Much of the Commodities Rally. Prices May Catch Up in 2020"

    It starts off: Silver, platinum and other industrial metals, laggards among commodities in 2019, could take the spotlight in the years ahead.

    Who knows? I don't. But I hope they're right.......

    Man, that recurring video above is annoying--is there a way to stop it?
  20. Stevearino

    Stevearino Supporter! Supporter

    I must be missing something here. Is @goldcollector being accused of cheating someone? If so, he doesn't seem to be defending himself. Would someone kindly PM me as to what is what?

  21. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Well-Known Member

    It happened a while back, it's probably not relevant anymore to defend himself. Plus people would likely react "that's what a guilty person would do, be defensive" - it goes both ways. I can understand not bothering with it. It's his word over everyone else.
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