TRYING TO "Play the GSR" -- HORRIBLE IDEA

Discussion in 'Bullion Investing' started by goldcollector, Apr 17, 2017.

  1. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    Anyone under 100k annual income received it. I think they lowered it for the 2nd payout they're passing next. Maybe I don't have a degree, but that level of income represents a large majority of Americans.
     
    Garlicus likes this.
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  3. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    Also silver isn't all I'm holding. In foreign coins is another 10-15k worth. If the world decided to shut down next year I could survive a while without fixed income and wait out the storm. Most people I speak to outside of social media don't have any real savings because they're less fortunate. I won't put them down for that either because I have a soul.
     
  4. goldcollector

    goldcollector Member

    Well I think it was quite a bit lower than 100k unless you are talking about married and a couple kids. I made the mistake of moving to Seattle to avoid the daily commute. It's certainly not a large majority of workers here making such low income. I know a full time Starbucks barista is making $55,000-$60,000 easily. Even fast food full time in the 40s. Delivery drivers or any type of decent job is gonna be over $100,000 but it cost so much $100,000 won't last long. A single person no kids making 100,000 is gonna pay 35,000 taxes and living in Seattle is gonna be $65,000 or close. So no, out here if you are making right at $100,000 you will barely get by.
     
  5. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    I'm a bit outside of the major cities. Housing markets differ in parts of the northwest, the house I live in now (1500 sq. ft. on a double lot) I got for 75,000 in 2012. Back then maybe houses were a bit cheaper. Property did roughly double if not more in this area since then. It's still cheaper than rent. When I was finishing high school we were apartment living (overall not a great experience both socially and financially) and we're barely making things meet towards the end. Not quite in the Portland area, but even in Washington County apartments were shooting up in monthly rents.

    Not to say all east side areas are cheap though, word has it Bend has pricey homes for the area. I have considered parts of eastern Washington but may be a while before I make a huge decision.
     
  6. Crate Digga

    Crate Digga New Member

    Goldcollector lives in a house. Must pay his mortgage with stolen funds from members on here. Dont talk to the thief. Most of the time he is stuck talking to himself.
     
  7. Crate Digga

    Crate Digga New Member

    GSR down 20% in the last 30 days to 78. STILL WAITING.

    Oh wait, he'll post $38ASE from apmex and talk about how we are eager to pay the markup.

    What a miserable person.

    If it goes in his favor he has some snarky passive aggressive bullshit (a seattle favorite) or if his flawless logic fails the THIEF pulls more lies. Lonely life
     
  8. goldcollector

    goldcollector Member

    GSR 79

    STILL WAITING
     
  9. losthomer

    losthomer Active Member

    I thought the civil unrest in Seattle was due to George Floyd and other things happening in society. Now I think it is because they live in the same city as @goldcollector. I'd take to the streets as well.
     
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  10. losthomer

    losthomer Active Member

    Wrong.
     
  11. goldcollector

    goldcollector Member

    GSR 83

    STILL WAITING
     
  12. goldcollector

    goldcollector Member

    GSR 84

    Time for the silver crowd to disappear again. Lol

    STILL WAITING
     
  13. goldcollector

    goldcollector Member

    GSR AT START OF THREAD 68

    GSR NOW 85

    STILL WAITING
     
  14. goldcollector

    goldcollector Member

    Looks like silver is going right back down as fast as it went up. Time for everyone to claim they sold at whatever the recent high was.

    Hmmm Crickets in here all of a sudden. ROFLMAO

    GSR 88

    STILL WAITING
     
  15. goldcollector

    goldcollector Member


    Well that's definitely a smart move


    Hey Mr coin hoarder, I hope you sold your silver back at $25.40 or whatever. It seems the quadrillion ounces on the market are pushing spot right back down. And here it almost looked like silver was going to go up enough to cover half of the premiums paid. Wow I'm reading all about this coming $200 and $300 silver but it can't hold $25 without a massive beat down. Nice to have my thread back all to myself now though. Boy how quite the silver crowd is all of a sudden.

    Gold at an all time high and GSR pushing 90 again
     
  16. Mr Roots

    Mr Roots Underneath The Bridge

    Who’s the silver crowd..?
     
  17. slackaction1

    slackaction1 Well-Known Member

    I GOT YOUR SILVER GOLDBOY
     
  18. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    Some of us are not so quick to dump our silver at the slightest changes. Just saying.

    It's a terrible way to invest and you'd probably make mistakes.
     
  19. goldcollector

    goldcollector Member

    Yeah I'm sure no one sold especially since it would have been at a loss for most. I just know the routine. Everyone expects it to go higher, when it doesn't they miraculously sold at pretty close to the high. Back in 2011 when it hit $49 or whatever, the whole board was expecting triple digits easy, even $300-$500. When it fell back under $20, they all sold at $49. Lol. That's right up there with the " I always buy the dips" nonsense. Well did you buy the dip to $45, the one to $42, the one to $36, etc. Oh no no no not those dips.
     
  20. goldcollector

    goldcollector Member

    GSR 88

    STILL WAITING
     
  21. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    For those of you that suck at math, it's under 80 now...
     
    xCoin-Hoarder'92x and yakpoo like this.
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