2011 Stackers

I'm just wondering how many people "bought the farm" when it went to $50 only to get crushed by the plummet

Well I didn't sell during that time. In fact I started stacking after the first drop down to $39 to watch it go up and then tank to $26. So even though I bought higher, I held on and slowly began selling at my break even point leading me into to buying mode at $27. Now my stack DCA is at about 33/oz instead of 45/oz. I consider myself lucky, I'm sure that the may people screaming to da moon are in that boat and would like to see their book balance out. I personally would like to be able to stack more at lower prices for now.

My original post. Sorry, thought maybe I misinterpreted the OP

I sold a bunch of Roosies for $3 each but for the most part I am always buying. Good day I buy, bad day I buy what does it really matter. I am basically in this to leave my loved ones a legacy that they can sell off and live comfortably for the rest of their lives. Plus, I really like the hunt of the deal. So to answer your question I kind of saw that drop coming but like many others I bought into the $100 an ounce plus silver theories, maybe it will happen someday hopefully not before I can get a few hundred thousand ounces :)

The general opinion will more than likely always be that it will rise until the economy starts to get better.

Itll probably touch it, but I hope we dont see that as the norm. Lots of things will go up in price. Theres really to many unknowns to really make an educated guess right now. After the election well know more about the future economic plans and then have a clearer picture. Until thats decided its all just guesswork

Generally yes, the 2012 hysteria could throw a wrench into that but like how gun sales have increased from Obama silver should see a temporary spike if he wins

Like the OP, I wasn't in the silver market last year with $50 per oz silver. A couple people I have come to know are still holding silver they bought at the peak.

I'm in line with the Obama up/Romney down theory. Personally I'm hoping for a Romney win but I'm not betting to the point of selling a sizeable piece of my stack now with the thought of rebuying after the election.

I wont be changing my buying habits on the chance of a short lived spike or drop. Also kind of a big risk for a close election if you guessed wrong who will win.

Without a large hoard to sell though 50 dollar silver will cost more in the long run with higher prices of electronic goods ect. I dont mind it getting to 50 but Id much rather see it happen naturally over time and not be a fast climb




Theres really no way to tell. I wouldnt be shocked if it was a dollar, I wouldnt be shocked if it was 5 dollars. I dont think either situation immediately sets a new base line price but could see a swing for a couple days or weeks.

If the senate actually does something and avoids the fiscal cliff that could ease prices as well with no deal giving them a bump. Theres a lot of stuff in play this year right now that could have noticeable impacts on the price.