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What Happens To Gold And Silver Next? Look Out Below?

 
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United States
3989 Posts
 Posted 04/09/2013  11:50 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
The last time I listen to those brokers/traders I almost went broke with the trades. :~/

And if my crystal ball was clear, I would of should of invest in gold 10 years ago and have several hundreds of ounces by now.
I just buy and sell when I see fit. Now, that just my opinion.

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
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United States
3787 Posts
 Posted 04/10/2013  12:58 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
I have given a clear logical run down of the scenarios and the process that happens going forward. Thus far, its been spot on.... because that's how a trend works.

My question to you would be- if you feel all I am writing is the same thing over and over, which I am not.. then why are you reading and responding on this thread? :P
Pillar of the Community
United States
1387 Posts
 Posted 04/10/2013  1:32 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply

Quote:
Exactly, six pages of " It'll go down until it goes up again " or "It'll go up until it goes down again. "

Silver is trending down, it'll keep trending down until the market decides to trend back up. Really ? Six pages ? I probably shouldn't criticize but you sure do go on and on about very little.

What exactly are your qualifications ? Are you a trader, do you work on wall street ? What is the name of the firm that you work for ? Where do you work out of ? New York ? L.A. your bedroom. Are you a certified financial advisor, an MBA ?
You have said on occasion after occasion that you are a " trend trader ", who do you trade for ? You seem to have the ubiquitous empty jargon down pat and are certainly not shy about flaming anyone who disagrees with you. Yet you have never outlined to us , what makes you " the expert " Inquiring minds want to know.






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United States
1585 Posts
 Posted 04/10/2013  4:34 pm  Show Profile   Bookmark this reply Add jasper62 to your friends list Get a Link to this Reply





Either a low budget lawyer or an out of office politician would be my guess.Simple questions ignored just like a politician
Pillar of the Community
United States
3787 Posts
 Posted 04/11/2013  3:49 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
righhttttt lol

I cant help it many of you cant grasp the simplicity of a down trend and the fact that your ears ARENT being tickled because you all are so sure and confident that gold and silver must rise, and if they don't its because someone is holding the prices down on purpose (after a huge run over multi-years...)

I don't need to justify anything. I have laid out a clear, logical presentation towards the progression of the metals at this point and when the area is right to pick up silver and gold I'll be able to tell and I;ll put it here on this thread. As I have stated, my thread has been to alert folks that buying each and every dip will be costly. There will better places to buy the dips than from here.

Don't like it, don't read the thread, simple :D I will tell you this tho, every time someone even thinks they are smarter than someone else who trades everyday across multiple asset classes, is in the thick of it, with skin in the game.. those who contradict people end up looking like fools and wilting away. :D

As for me, I don't mind your opinions and you are more than WELCOMED to disagree and say I don't know what I am talking about,,, but the markets WILL prove me right over you.
Valued Member
Canada
281 Posts
 Posted 04/11/2013  4:07 pm  Show Profile   Bookmark this reply Add miggs to your friends list Get a Link to this Reply

Quote:
you all are so sure and confident that gold and silver must rise

It's not that it must rise, it has risen 12 years straight
for the reasons we all know and are still ongoing. A downward trend is just that (a trend).
Until central banks change their ways (but they won't)
These long term charts will look the same in the foreseeable future



Bedrock of the Community
United States
12773 Posts
 Posted 04/11/2013  4:23 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
It's not that it must rise, it has risen 12 years straight


12 years is quite a stretch to say it has from 01 which the chart doesn't support.

Silver didnt do anything from 01-the start of 04 and barely did anything from 04-06. It rose from 06-11 and have been moving down the last 2 years.

Gold moved a little from 01-the start of 05. Then again rose from 05-11. The last two years has been moving down overall from its level even if you count the spikes they were still lower.

Neither has been rising since their highs in 11, it had several years of moving up but not 12 and its not currently climbing higher keeping that consecutive rise intact.
Fire A.J. Preller
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United States
2543 Posts
 Posted 04/11/2013  4:50 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply

Quote:
I cant help it many of you cant grasp the simplicity of a down trend and the fact that your ears ARENT being tickled because you all are so sure and confident that gold and silver must rise,


See .... it is this condescending attitude and your steadfast refusal to outline any qualifications, or lack there of, that you may have that is gaining you no respect. You have made a great effort to set yourself up as the resident " PM expert " here , yet you have given us no basis for this superiority you have no problem displaying. For all we know, you are a kid living in his parents basement, with a dictionary of financial double speak, who watches too much Fox Business News.


Quote:
but the markets WILL prove me right over you.


Of course you will be right......the only thing you have said in seven pages is , PM's will go down until the market sends them back up ..... then they might go down again and then back up .......... how could you be wrong ? I get the same info looking at a Kitco chart.

Throw us a bone here dude, tell us your qualifications then tell me to buy silver today because the price is going to go up $2 tomorrow, and then be right.

I come back because I enjoy reading this thread, but not for the reasons you think.
Edited by denco7
04/11/2013 4:53 pm
Valued Member
United States
456 Posts
 Posted 04/11/2013  5:17 pm  Show Profile   Bookmark this reply Add SDCrow to your friends list Get a Link to this Reply

Quote:
12 years is quite a stretch to say it has from 01 which the chart doesn't support.

Silver didnt do anything from 01-the start of 04 and barely did anything from 04-06. It rose from 06-11


Implying silver didn't do much from '01-'06 is also a stretch. The price nearly tripled from '02-'06 going from $4.6 in January '02 to $13.0 in December '06.
Pillar of the Community
United States
1387 Posts
 Posted 04/11/2013  5:41 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
yup: If you were as great as you think you are, by now you would have had the thought that you may be talking over some peoples heads. Not saying you are smarter, just saying that most of us have areas of expertise that is not in the market. A smart person would have backed up and explained things he was assuming in his explainations. Instead of showing a command of your claimed area of study, you have only gotten belligerent and repeated the same thing in a dozen different way.

This flaw in your character I find greatly amusing, and is often a halmark of adolescence, so I am inclined to agree with denco that you may just be some kid in your parents basement. Like him I come back for reasons you may not think, the jingoism, the chronological snobbery and the arguments based off an appeal to an unqualified authority.

Note: Since you may not grasp this, I haven't said if you are likely to be wrong or right. I am saying something entirely different.
Pillar of the Community
United States
3787 Posts
 Posted 04/11/2013  5:50 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
two things-

1- Charts,, only tell us the past, not the future.

2- again many of you INSIST that gold and silver are going to go higher We dont know that to be fact. Whats to say they chop around and do nothing for a while? No one knows.

I will be right, because I dont make predictions, I follow the trend, the momentum based on price and volume as a trader. I am not biased when it comes to price action. :D
Bedrock of the Community
United States
12773 Posts
 Posted 04/11/2013  5:57 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Implying silver didn't do much from '01-'06 is also a stretch. The price nearly tripled from '02-'06 going from $4.6 in January '02 to $13.0 in December '06.


Was supposed to say start of 06. Early mid 06 is when it started moving before that it really wasnt doing anything. It came down a little in 01 and went up a little till that early/mid 06 point where it took off
Fire A.J. Preller
Valued Member
United Kingdom
90 Posts
 Posted 04/11/2013  7:23 pm  Show Profile   Bookmark this reply Add Arksun to your friends list Get a Link to this Reply
Politics, the financial situation , a country collapsing into debt, a major mining disaster, new mines found with extensive cores, wars breaking out, all these events and more can shape the future prices and not one expert on earth can predict everything that might happen.

Buying to make short term gains is always risky. But if you're buying for the long term (we're talking years if not decades) then you can't lose really, because the price will eventually peak higher at some point in the long distant future.

I'm joining the long game now :)
Pillar of the Community
United States
4742 Posts
 Posted 04/11/2013  7:34 pm  Show Profile   Check barryg's eBay Listings Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
again many of you INSIST that gold and silver are going to go higher We dont know that to be fact. Whats to say they chop around and do nothing for a while? No one knows.


I, for one, certainly don't "insist" on anything. I believe that silver and gold will go up in the long-term (10-20 years), but I agree that it's impossible to know it to be a fact.


Quote:
I will be right, because I dont make predictions, I follow the trend...


... and then you constantly make predictions as to where the trend will head next. You're just as bad as the folks who say the "long term" trend is going up and that this is just a minor dip in the road before the upward trend continues (but they aren't making any predictions, of course -- just following the trend).

You can't have it both ways. Either it's impossible to predict the future (which you've said) or else it's possible to predict the future by "following the trend" (which you've also said). I'm starting to think you are simply trolling to get a rise out of people. If that's the case, congratulations! You have certainly succeeded.

My Coin & Currency Collection
(Dansco 7070 and 8100 albums, Proof Type Set, U.S. Currency Type Set & Foreign Bullion Collection)
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United States
3989 Posts
 Posted 04/11/2013  7:48 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
...I thought for a moment that "Joe Somebody" came back with another disguise!

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
Buy & Trade list
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