Discussion in 'Bullion Investing' started by goldcollector, Apr 17, 2017.
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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.
Care to explain what the chart is saying?
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.
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.
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?
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...
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.
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