Message:

<p>[QUOTE=&quot;SD51555, post: 1986945, member: 71871&quot;]Forgive me if someone mentioned any of this above, but that&#039;s a lot of dialogue.&nbsp; </p><p><br /></p><p>*If you&#039;re stacking, don&#039;t worry about the ups and downs right now.&nbsp; Exploit the downs while they&#039;re there.&nbsp; If you want to make money short term, physical isn&#039;t the way.&nbsp; The premiums you pay, and the discount off spot you receive requires a big move before you break even, even though spot went up.&nbsp; </p><p><br /></p><p>*I quit trying to make sense of the price.&nbsp; All I know is that I don&#039;t know.&nbsp; Therefore I make small purchases.&nbsp; That way you&#039;ll be right small or wrong small.&nbsp; </p><p><br /></p><p>*I believe there will be a floor in metals near the cost of production, and I believe we&#039;re close to that.&nbsp; Can it go below that?&nbsp; Sure.&nbsp; It&#039;s not cheap or easy to turn a mine on and off, but blowing cash for the sake of not shutting down can&#039;t last too long.&nbsp; </p><p><br /></p><p>*Markets are stupid mechanisms some times.&nbsp; When prices sky rocket, you can&#039;t get people to stay away(housing, tech bubble, gasoline, bottled water, guns, ammo, midwest propane 2014 etc).&nbsp; They believe the prices may go clean over the moon.&nbsp; When prices are low, you can&#039;t get people in because they think the floor is going to collapse.&nbsp; I&#039;m a big fan of running against the crowd in a panic.&nbsp; </p><p><br /></p><p>*Know your principles and stick to em.&nbsp; I harp on my buddy to move slowly and in equal amounts.&nbsp; But he&#039;s a die hard and just blew his entire wad on silver at $19.50 and wherever gold was.&nbsp; I told him I bought my bi-weekly share when silver was $18.30, and he&#039;s outta money for months now.&nbsp; If it goes to $17, I have some cash laying around to buy a little more.&nbsp; </p><p><br /></p><p>May take 1-40 years to strike it big in PMs, but I don&#039;t care.&nbsp; I like having my assets spread out in case one falls, others are there to float the boat.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in