Silver getting crushed today

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

  1. abuckmaster147

    abuckmaster147 Well-Known Member

    I really don't care either way I usually buy once a year around dec a few ounces for my collection stopped stacking when it stalled 2 years ago. So maybe if I am lucky it will happen like they say and I will make a few bucks an ounce off my stack. ;);)
     
    crazyd and mikem2000 like this.
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  3. FryDaddyJr

    FryDaddyJr Junior Member

    yeah, it's hard to believe the hype factories will even swap you their shiny shiny for your "phony fiat munny"
     
    harrync likes this.
  4. CasualAg$

    CasualAg$ Corvid Minions Collecting

    @mikem2000 wrote, “The two players dropped out of the game because just the opposite were true. There was too much supply....”

    One was shut down by the Feds, the other declared bankruptcy after “losing” significant inventory. You have no factual basis for your statements.
     
  5. mikem2000

    mikem2000 Lost Cause

    I stand corrected on why they dropped out.
     
  6. abuckmaster147

    abuckmaster147 Well-Known Member

    Wow!! Time to revitalize this thread again I miss you guys. Anyone buying? How about selling from last falls buys?
     
  7. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

    Hey Buck just trying to stay warm.. but I been buying silver coins but it makes no sense because I know I am losing money... MidMissouri -2 high... just not use to that.....bonechilling how u been
     
  8. abuckmaster147

    abuckmaster147 Well-Known Member

    about 5 here today your weather hitting us now. Talking up to 60" of snow a bit north of me and wind up to 40 mph, They will have to have the National Guard to help them poor guys dig out. Gonna get cold here with wind but the lake snow is gonna stay north. 40's next Monday heat wave !!!
     
  9. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

    broke 16 again for a bit...get traction...pull....
     
    CasualAg$ and Bman33 like this.
  10. Clawcoins

    Clawcoins Well-Known Member

    I told 'ya all when to buy several pages back.
    Well, I was on a selling mode ... made money on the ones I just bought. LOL
    upload_2019-2-4_9-28-51.png

    and Gold
    upload_2019-2-4_9-29-10.png


    I saw the selling opportunity and went for it. It helped me pay for my Apollo purchase too.

    Silver/Gold as a "stacking thing" just doesn't fit in my portfolio anymore. So .. it must go.
     
  11. Clawcoins

    Clawcoins Well-Known Member

    @Hookman

    In another thread you asked about the Velocity of Stock prices .. or something like that of what I mentioned.

    That comes into play in when to sell a stock, if you are working on a Short Term buy/sell cycle. Though within Wash Sale Rules which may deviate one’s Buy/Sell Strategy.

    But there is no “easy” answer to this. One must:

    (a) Track Institutional Investments, increase exposure (they’re buying more). This decreases the stock qty in the open market. Though, when pushed into Mutual Funds anytime there is a market selloff, they sell off too. Thus you have to take that into account
    (b) Track the number of days the stock is UP when the market is DOWN; even opposite the Institutional Exposure.
    (c) Track competition stock prices, how much stock is in the marketplace by comparison, and their movement against the stock and the market.
    (d) And historical RunUps of stock price
    (e) Exposure and Push of the General Economy
    (f) Company portfolio increases (M&As, new product, expansions, etc).
    (g) Keep in mind Quarterly Release RunUPs in calculations.

    One easy to see example is here:


    upload_2019-2-4_9-30-33.png

    From mid August to Sept was a Large RunUp (look at the volumes too). Over Buy easily, then it settled, then another super RunUp. This raised Red Flags in my spreadsheets to a SELL across the board for profit taking. Ding, Ding, Ding, Ding. Just before the Sell Off.

    Pay note to the bar graphs on the bottom of Buy/Sell volumes. That helps indicate the over buy scenario along with the price. A large run up in stock price with very little volume is suspicious for price stability .. which as noted then crashed. Standard thing to watch all the live long day as the saying goes ....

    Thus Price Volatility after Momentum Buying pushed the stock price too high for it's underlying stock / volume / price support.

    But sell scenarios are great. If you are in a stock for the long run you now have to try and fortune tell of how long the crash will be, based upon your BuyIn basis. Because you have to wait 30 days to reenter otherwise you get hit with a Wash Sale on your taxes and all was done for naught.

    I learned that lesson a few years ago .. I wasn't watching the stock related tax rules changes close enough. Also the FIFO Stock Rule changed my methods too. Instead of One brokerage account, I now have at least 4 to manage Stock selection via a different method.

    you can do the same analysis of PMs, but based on different identifiers. One can be pretty accurate too. It just takes a lot of time to track and develop correlated analysis. Though PMs have several streams of unrelated correlated analysis (multiple analysis price theories that are uncorrelated to each other) making it a bit more difficult as PMs do not generate revenue.
     
    Last edited: Feb 4, 2019
    abuckmaster147 and Hookman like this.
  12. Hookman

    Hookman Well-Known Member


    I'm gettin' dizzy......

    Thanks for the info.
     
    Clawcoins likes this.
  13. Clawcoins

    Clawcoins Well-Known Member

    I figured it was better placed here than the other thread.
    I tried to condense it too :wacky:
     
    Hookman and SLACKACTION like this.
  14. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

    Believe me Hookman…. you would rather read that.. than some of his clawisms remarks
     
    Hookman likes this.
  15. Hookman

    Hookman Well-Known Member

    Hey, anybody who can follow the markets and make profits, I respect....immensely.
     
  16. Clawcoins

    Clawcoins Well-Known Member

    hey man, I resemble that remark !!
    ;)
     
    Last edited: Feb 5, 2019
    Hookman likes this.
  17. Clawcoins

    Clawcoins Well-Known Member

  18. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

    woops there it is
     
    abuckmaster147 likes this.
  19. Clawcoins

    Clawcoins Well-Known Member

  20. Clawcoins

    Clawcoins Well-Known Member

  21. Clawcoins

    Clawcoins Well-Known Member

    If you read a few pages back ... i reference I'm back in when the market gets in the 22s. Yup, I was 30% in .. then a few weeks ago back in some more .. putting 30+ days between injections in case the market changes course. Now mulling my last 30% .... watching the "trade" stuff as the headwind into company profits, manufacturing output, etc.

    I got out in large percentages while back when the market peaked in early Oct and early Nov. And getting back in late Dec / early Jan.

    It takes a lot of devotion, time and no bias of when to buy/sell.
    You have to pinpoint your buy/sell markers and stick to them .. modifying them over time for new stuff you see. Of course you make mistakes a lot on real short cycle stuff then end up a long term hold or a tax writeoff. You take the pluses with the minuses and move on.

    It's not easy.
     
    abuckmaster147 likes this.
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