Silver getting crushed today

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

  1. desertgem

    desertgem Senior Errer Collecktor

    Unless the advisor is "connected" to sources of insider info, they know as little as anyone on unexpected moves. Computer analysis can be significant if the individual learns what the specific analytical indicates and follows it. human are more likely to ignore many opportunities due to "hanging on" for a little more profit the next days. Long term physical bullion holders are often in that category. Instead of using the many up and down cycles during a year, they are content as they buy while it is going up and then can't bare to sell when it has gained 5-20%. Like 60 yrs old men, they remember what they could once do 20- 30 yrs ago and think they will be able to do it again if they just wait some more time for the $40+ days or the apocalypse. If you just like to cuddle your bullion that is great, but don't think you are investing in future gains/loss. How many are on here that post "wish I had sold when it hit $$$" but instead held on, and how many at the other end " wish I had bought last week ".
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Clawcoins

    Clawcoins Damaging Coins Daily

    Back in the old days when the DOW was around 2,000 "buy and hold" was a good "Basic Concept". When globalization hit I think that concept should have never been used again.

    My stock picks, which are few, are doing very well some up 85% since March. Other previous year picks up over 300%. It takes time for correct picks though and one shouldn't be in a hurry to invest.

    I've never really trusted an Investment Advisor going back to when one was trying to get me to buy Kuggerands even after they were banned in the US in the mid 80's.

    Most advisors tell you what to buy and never think of it again. The advisors may be "advised" by an Analyst. I was an analyst once before for a short time, as they prefer stuff where they made more money in better interest of themselves than their clientele. IMHO
     
    LA_Geezer likes this.
  4. Santinidollar

    Santinidollar Supporter! Supporter

    Remembering the old adage about "these apples are made for eating and these apples are made for selling," some stocks are made for investing and some stocks are made for buy-and-sell.
     
  5. Clawcoins

    Clawcoins Damaging Coins Daily

    speaking of investments ...

    [​IMG]
     
  6. Gilbert

    Gilbert Part time collector Supporter

    Stock market? There is no market. It ended when central banks started buying equities.
     
  7. abuckmaster147

    abuckmaster147 Well-Known Member

    Lose a Quarter one day lose a Quarter another day, Gain a Quarter Today!
     
  8. V. Kurt Bellman

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

    So are you Mr. Glass or Mr. Steagall?
     
    CoinCorgi likes this.
  9. ddoomm1

    ddoomm1 keep on running

    This week has been fun with frequent changes of +/- .20-.25.
     
    abuckmaster147 likes this.
  10. sakata

    sakata Devil's Advocate

    Up and down all over the place. Kind of like a mountain road in Florida.
     
  11. ddoomm1

    ddoomm1 keep on running

    Are there mountains in Florida?

     
    abuckmaster147 and Kentucky like this.
  12. sakata

    sakata Devil's Advocate

    Sure, they are about as big as the swings we have been seeing.
     
  13. desertgem

    desertgem Senior Errer Collecktor

  14. sakata

    sakata Devil's Advocate

    Looks like a piece of candy. Never did care for hard candy. Give me a caramel any day.
     
  15. SilverMike

    SilverMike Well-Known Member

    I'm glad I bought a little on that dip for into the mid-16's we had a few weeks ago.
     
    abuckmaster147 likes this.
  16. Clawcoins

    Clawcoins Damaging Coins Daily

    you mean this isn't Normal ??
    [​IMG]
     
  17. abuckmaster147

    abuckmaster147 Well-Known Member

  18. V. Kurt Bellman

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

    It's the silver spot market "bouncy castle". It's all the rage at Patrick Heller's birthday parties.
     
    Kentucky and -jeffB like this.
  19. Bman33

    Bman33 Well-Known Member

    I've been in retreat from silver for a few months. Will continue to do so.
     
  20. Clawcoins

    Clawcoins Damaging Coins Daily

    speaking of retreat ...
    [​IMG]
     
  21. V. Kurt Bellman

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

    Yeah, yesterday silver hit $16.83 and bounced off that to about $17.06 in like no time. It's challenging that low point again.
     
Draft saved Draft deleted

Share This Page