"The Decade of EPIC Begins"
@SGS - Do you know, on average, how much volume in Gold or Silver trading it takes to move the price up or down just $1.00? I've been wondering that for a while now, and cant seem to find any concise information regarding that equation. As far as the inflation adjusted price on the chart, that seems reasonable, lets just hope silver follows suit, or at least gets high enough for all of us to dump it for phyzz gold before that kind of move.
There used to be a guy in London that had a sign saying "The End of the World is Nigh" He's probably dead now and the World is still here.It's the same as all the gurus who constantly tell us that Gold and Silver will take off for the Moon and that JP Morgue and Goldie Sacks will be toast by tomorrow morning.This time next week we will all be millionaires.Gives us break. Wake me up when it happens but don't keep hyping it.
Ya profitimes.com did a great job with that chart and article
George: Just want to let you know that I made about $4 mill when silver went from $17-50 in a year. This time next week I was my friend.You sound like you are wayyyyyyyyyy late to the game. All us gurus have been here for a very long time. If you havnt woke up yet, you must still be dreaming through this opportunity. Good luck.
Actually, SGS, George is right. The key word is "constantly," meaning he's been around a awhile and knows that the pundits write about this all the time. QUIT hyping COMEX and Blight of Mouth and instead focus people attention towards the coin shops! FUCK PAPER!! The paper bulls need to see volume drop off to nothing to make them realize, "Oh... People don't want to play the paper game now." And they won't realize that during the time volume has dropped off mysteriously, the money has fled to the coin shops. By the time it gets into the news, it's already too late. You see, the broker up the street has no idea that my savings are in metals and not paper. Unless he knows in time what I've known for a few years, it's too late for him.However, George, SGS is asking for patience. these things take YEARS to play out. I wonder how you would handle building savings in a gold/silver-based society - it could take you months or even years to earn a SINGLE ounce of gold or even several weeks if not months to earn ONE ounce of silver. You're doing pretty good to be buying at these prices, as you may not see this opportunity of this magnitude for 2,000 years or more, as long as we don't fuck up, nuke ourselves, and forget everything. Again...SE
SGS: according to my reverse calculations that would put you at about 121,212 ounces of Silver?Am I close?
Also a buddy told me that he read an article that said Gold will be $1000 by Jan 2012, if did not have the article so not sure why he is predicting this.
Horse: I didnt make it all in silver phyzz, lots was options and equities, but yes I have a fair share now in phyzz.Keeping some in CAN$ right now for the next move down or up, makes no difference to me.
Came across this site with some great free charts, notably these:http://www.sharelynx.com/chartstemp/IntradayGCManipulation.phpIt charts the price of gold across all the markets since about 2006 and WHAM, there is the NY manipulation clear as living day!! Beautiful, clear char to look at! Also, helpful visualization of how the markets overlap in terms of when they're open/closed.
$33 is breached, are we finally going below $30?Happy to say I have made -$6,000 in 8 months of investing! I guess I need to learn more!
Garry,I've started paper trading since May, and I'm right now -400 in dried ink, with another -1000 showing from in oXp account. -400 was definitely my mistakes and my faults, but the -1000, I believe it'll turn around after the summer.-6000 though? That's heartbreaking. I'd say more phyzz acquisitions and smaller paper trades, sir!
George, you need to help yourself. SGS and all the other folks are just here to give you a barometer. Not gospel.
Garry, did you liquidate your position?
Garry, I think I found the problem: there's an extra R in your name!
No liquidation, just down, I made the mistake of trying to trade PSLV/AGQ. I want to liquidate but I know as soon as I do it will go up, and as soon as I don't it will go down! I may have to dump AGQ and buy a monster box.I heard you do not have to report ( taxes ) selling eagles back to a dealer but you do for maples? Is this correct? Is it because eagles are technically US currency? and maples are not?
if anyone missed 60 Minutes opening segment, makes sure to catch it online when they make it available on their site, gut wrenching, puts things in crystal clear perspective.Karma to all!
@Colin Yes, super depressing. Humanity needs a massive re-education! Unfortunately, this has been happening in many places all over the world. But now its come to the US!
For all the Americans, after watching the 60 minutes segment, what do you think of the Bankers who create fraudulent foreclosure paperwork and get away with it ? What do you think of JPM hiring overseas worker/company to processing foodstamp payments ?
yes its all orchestrated and shows how evil these bankers and politicos are ... to see these poor kids have to verbalize their feelings was so sad ... I have worked with kids all my life, rich and poor, and all a kid wants is someone to make them feel worthwhile and safe ... yet we give iraq billions in fiat for payoffs and trillions to wall street; let the politicians send their kids to fight and live in vans at 8.
http://www.cbsnews.com/video/watch/?id=7371392n&tag=re1.gallerieslink to 60 mins program on homeless
hope people in the US see this 60 mins and then ask themselves = How is this Change you can believe in working out for you?
Dear SilverGoldSilver I've had a nice stack of 1000oz Silver Bars for a long time now.I'm not particularly criticising you. In fact I wouldn't visit your site if I thought you had nothing of value to say.What I'm trying to say is that all the "gurus" like Turk, Bix Weir and plenty more that we constantly hear from have been telling us that Silver will be at $1000 Dollars an oz. because it's rarer than Gold and there isn't any left.OK I've more than doubled my money but I'm still waiting to buy my mansion, Ferrari, Lamborgini, Rolls Royce and mega yacht before I find it difficult to get off the toilet.They keep on raising my hopes but every time I check my Silver is still only worth $35 oz.If all the "gurus" are so bloody clever let's have a date. Tomorrow? Next week? Next year? Next century?
Wow, that video is gut wrenching
The biggest lie people believe is that their going to make it through it. Many won't.
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@George,After reading your latest response, I just have this numbing sensation to locate your IP and rob you blind so you can't get your lambo and mega-yacht.Your Truly,Paid in GoldPirate Extraordinaire
George,Nobody is that clever. You have GOT to understand that it's not possible to set a firm date. It's human nature. Let's look at this summer. Jim Sinclair believes that gold/silver will skyrocket after Bernanke panics in mid-July at the numbers and implement QEIII ("flight to safety"), causing the markets to not only 1) stop its decline and 2) level out, but also 3) climb back up to at least 12,000, but maybe higher. That would mean that QEIII would have to be even larger than QEII, and look what happened until ** 5 ** margin calls on silver in 9 days' time stopped it. Marc Faber, on the other hand, thinks that the markets may not respond so badly and only drop some each month, but eventually force Bernanke to consider QEIII, leading to a 3-month drop in gold/silver before it bases and launches at the QEIII point ("flight to liquidity" before the metals launch off). The point is, it's going to happen, but we can't predict Bernanke's exact timing because we are not privy to ALL the players involved in this multitude of paper scams, never mind all the events going on worldwide. It's just not possible. I have to spend 5-7 hours a day just to keep up, and I still CAN'T give you an answer...SE
Paid in Gold, my pirate... Do you ever go to ren faires?I second taking money from someone who wants to waste it on lambos and yachts! I'd rather spend it on learning the old ways and living my days at ren faires across the country! I'm thinking of picking up a necessary skill, like shoe making or something along those lines. Something that is needed no matter what.SE
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@ PaidingoldI don't take kindly to threats. Unfortunately there are many people like you who threaten and add nothing to the conversation and debate.Welcome to my World.
@ 6a1dbcdc-3c89-11e0-b484-000bcdcb8a73No sense of humour. I have never aspired to these trappings but I do like a certain amount of luxury. I do find that many people who follow Gold and Silver have a very one dimensional frame of mind.Who are you to pontificate what is a waste of money?
Just another human being, George. You probably do the same thing on different things or actions that you might think as stupid. I think we all do it to some degree. But I'm not one of the gold and silver people you describe. Just wait and see... Just watch.SE
Oh, no, you did not, SGS... Now you're censoring me? What? Do I threaten you? You know I'm onto you, Dude. Good luck in making it to the other side. Bye.SE
No, I have to manually approve posts later than 2 days. Thank you for jumping to conclusions.