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Traded Gold For Silver Today What Do You Think?

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Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 09/20/2011  1:12 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Re: joe

He needs lots of practice to be good at trolling.

I'm all for him expressing his opinion (especially since it's often contrary to most), but I'd really like to see him back up his comments with cites, lynx, or similar support/research.
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 09/20/2011  6:28 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
...but I'd really like to see him back up his comments with cites, lynx, or similar support/research.

Heh heh... CAN a true Troll back up ANYTHING they say?
Valued Member
GTALLEN's Avatar
United States
315 Posts
 Posted 09/20/2011  6:29 pm  Show Profile   Bookmark this reply Add GTALLEN to your friends list Get a Link to this Reply
I guess you guys are correct. But, I would like to see him have something constructive to add. A link showing how he knows of this big crash in commodities. Site some references. Not just show up on a down day and say gold is going to $92 oz and they are going to start using silver as roofing material.

Throw us a bone Joe. Show me(I am not from Missouri)but someone here is most likely. Show me how the economics are going to change so drastically that commodities are going to free fall. I want to buy a huge wad of puts so I can rake it in when it free falls.

But, Joe you have to show. Help us out, we are collectors mostly. A few of dabble in the investment side of the PM market. January $30 puts are getting cheaper, but not cheap enough to gamble the few dollars to be made.

SLV Jan 2012 30.000 put
Last Trade: 0.82
Trade Time: 2:06PM EDT
Change: Down 0.05 (5.75%)
Prev Close: 0.87
Open: 0.80
Bid: 0.82
Ask: 0.84
Day's Range: 0.80 - 0.85
Contract Range: N/A - N/A
Volume: 300
Open Interest: 41,512
Strike: 30.00
Expire Date: 20-Jan-12
Pillar of the Community
United States
648 Posts
 Posted 09/20/2011  6:32 pm  Show Profile   Bookmark this reply Add tripncoins to your friends list Get a Link to this Reply
If I did trade SLV puts I would pass on that. Ironically, if spot was at $31 - 35 dollars per oz on January 20th 2012 for whatever reason, I would go out and buy more physical.
Edited by tripncoins
09/20/2011 6:33 pm
Valued Member
GTALLEN's Avatar
United States
315 Posts
 Posted 09/20/2011  7:12 pm  Show Profile   Bookmark this reply Add GTALLEN to your friends list Get a Link to this Reply
The puts were "getting cheaper, but not cheap enough". Unless, there is drastic change in economic policies, I am a buyer on weakness. Not a lot of chances to pick up anything on "weakness" unless you are holding your finger on the trigger continuously. I pick up coins here and there for my collections. But, I have not been able to make a purchase for investment for a long time.

"The current trend is in the beginning stages.

After some time, you learn how to deal with the day to day volatility in silver prices. It is an emotional battle that long-term investors understand boils down to value - and no matter the price swings up or down, silver will never entirely lose value, go bankrupt, or be nationalized."



From here: http://www.silver-coin-investor.com...history.html some interesting insight from one source.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 09/20/2011  8:53 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
All I know is I stepped in some Troll Joe earlier....
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Ed_B's Avatar
United States
4008 Posts
 Posted 09/21/2011  8:41 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
All I know is I stepped in some Troll Joe earlier....

Better burn the shoes AND socks that you were wearing at the time, Hawk. They will never be the same again and the aroma from that will likely permeate everything you own.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 09/21/2011  9:09 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
That is what I was thinkin Ed....

Atleast thanks to Joe's endless wisdom, when the proverbial troll Joel hits the fan, I will not have any worthless silver in possession to slow/load me down....

I just gave it all away since it has zero value. I did NOT want to appear like the idiot cave man pushing around a wheel barrel full of rocks, being rolled on square wheels....

There is a new show on HC about the history of drugs, and they said prehistoric man may have enjoyed some magic mushrooms, which was a key factor in mind development, lol....

Well sure they did, they were hungry an eventually found some mushrooms growing in some Troll Joel, and ate them for nourishment, and the rest is history, leading up to this post....

So my point, the story comes full circle. Joe is to be thanked for the entire mental development of the human species, thank you Joe, and for that here is a Yooooo, Joe!
Edited by Silverhawk74
09/21/2011 9:31 pm
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Ed_B's Avatar
United States
4008 Posts
 Posted 09/22/2011  6:58 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I did NOT want to appear like the idiot cave man pushing around a wheel barrel full of rocks, being rolled on square wheels....

LOL! Stop, Hawk! You're killing me here!
Valued Member
GTALLEN's Avatar
United States
315 Posts
 Posted 09/26/2011  9:27 pm  Show Profile   Bookmark this reply Add GTALLEN to your friends list Get a Link to this Reply
So 4 days I could have hit the strike.
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