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 Replies: 70 / Views: 5,356 |
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Valued Member
United States
458 Posts |
I laughed at loud at Joe's post.
No disrespect intended. :)
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Pillar of the Community
United States
2734 Posts |
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joe316: That magical $50 that everyone thought was coming likely won't... For a little while. (now's the time to stock up!)  Joe316 is of course right about some wealthy investors' profit-taking contributing to the correction we're experiencing at the moment (which could be over by tomorrow!). The problem with Joe's point of view about silver is that he only comments about its short-term volatility. To him, if silver is $42 one day and $39 two days later, it's a "bad investment" (even if gets back to $43 the next week). Joe is taking a "day trader" mentality to PM investing, as if short-term flipping was the only way to make a profit. Most of the people on this board are more like me. People who've held PM's for years. Silver was under $8/oz. for the entire decade of the 1990's. Meaning that if I were to cash in all the silver I acquired in that decade, I'd get a nice "return", whether spot was $39 or $43. Joe316 should be asking himself why people like me didn't cash out last April at $49/oz. The answer is: People like me are in it for the long haul. We consider silver profits in terms of years and decades, not days and weeks.  Edited by DNA
08/24/2011 8:14 pm
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Pillar of the Community
United States
4541 Posts |
They are making money for sure. But One day people are going to be buying Paper silver and realize the physical is gone. and the ones holding the physical are going to be lauging all the way to the bank
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Pillar of the Community
United States
2189 Posts |
Joe What is your definition of Rich or wealthy? Is it the guy that makes thirty thousand a year,one hundred thousand,half a million or more? What does it matter? why do you unload on the Rich or wealthy like there bad evil people for making money.This is how capitalism works.It's quit obvious which political party you follow.
Sorry guys I just wanted to play kick the can too
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Pillar of the Community
United States
931 Posts |
joe, is it really you? You don't own any silver or gold, which means you are on paTROLL. Go on back to the Vintage Barbie Forum where you actually have some time and money invested.
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Pillar of the Community
United States
802 Posts |
Funny how Joe only shows up on PM down days. lol What a joke :)
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Pillar of the Community
Canada
1502 Posts |
Too funny! this is a very entertaining thread, please keep the silver bashing coming!
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New Member
United States
46 Posts |
 Holy Mama, Joe... What did you do? Flunk out on a deal? Man am I glad I didn't bash silver... |
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Pillar of the Community
United States
931 Posts |
It's not at all that he bashed silver investors. It's the way he has worded his opinions from day one. Everyone here knew that there was a correction coming. Nothing goes up that fast without backing off. I'm not a trader. I am insuring my Federal Reserve Note holdings. I am looking for a move in gold opposing the move in the dollar. I'd go crazy trying to sell my coins every time I feel that the market is overheated. Agree to keep it civil. I apologize to joe.
Edited by junior e
08/25/2011 10:55 am
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Pillar of the Community
United States
3294 Posts |
Lets try and keep this place civil.
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Moderator
 United States
188770 Posts |
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Lets try and keep this place civil. Agreed. |
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Valued Member
United States
458 Posts |
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New Member
United States
46 Posts |
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It's not at all that he bashed silver. He's just a little snot. It's the way he has worded his opinions from day one. Everyone here knew that there was a correction coming. Nothing goes up that fast without backing off. He thinks he's the only one in the world that knew it, and couldn't wait to come in here and take a big steaming joe. I'm not a trader. I am insuring my Federal Reserve Note holdings. I am looking for a move in gold opposing the move in the dollar. I'd go crazy trying to sell my coins every time I feel that the market is overheated. It's very simple to avoid confrontation with people you dislike on a discussion board. Just ignore them. Talking about smart investing is already silly, but bashing each other for their way of doing it is not doing anything. We might as well talk about religion. I've been moderating discussion boards for close to 8 years now and hope my statements & charts haven't offended anyone's personal strategy of building wealth. While I am sure my "wording" may have been perceived wrongly, or "rubbed someone the wrong way", I would expect the ability to explain my position, instead of being called a troll. By continuously insulting this member (who does actually ignore all of it) nothing is being accomplished. Predicting anything in a world economy like ours is a gamble, the chances for being right or wrong are just about 50%. I do understand the apprehension that comes towards newcomers who dare to have an opinion, though. Unless their opinion interferes with your investment strategy, there's really not much to talk about. Silver/ Gold/ Platinum/ Palladium/ Copper and all the other things will do what they do, independent of anyone's opinion. if anyone had the ultimate recipe to get a free lunch, I'd doubt they would participate on a forum... because they'd be busy trading whatever brings the next buck. ;o) cfib |
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Pillar of the Community
 United States
667 Posts |
I was having a little fun with Joe, he has a right to make an opinion. He just made a strong one and he is sticking to his guns. What I really wanted to see was how he made his opinion because when you draw a line in the sand you are pretty sure of the facts.
These facts could help when you are so sure of the results.
Silver is flexing and at the time back above $40. No anyone can figure out that profit selling will happen and when things goes up that happens.
What I am really interested in is the facts or evidence to support a fast drop to $22 and the other half that points it will never get back above $14 - or is it $50 now.
So far Joe has been to say it nicely just a little off. However he has been strong in his opinion.
I just don't see anything that points to his predictions, though in this market anything can happen. If I keep saying silver will drop every time for a long time it will happen one day but that doesn't help others as a speculator.
So maybe I should ask straight forward how are you coming up with your opinion and why are you so hard sure of your numbers.
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Pillar of the Community
United States
5832 Posts |
I believe one or two ccf member have asked what is the facts that PM will drop from Joe point of view, if Joe has those info I did be willing to share and listen.
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Replies: 70 / Views: 5,356 |
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Posted 08/24/2011 8:04 pm
