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Old 03-31-2011, 03:16 PM   #41
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Quote:
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Silver will probably hit 38 today unless it gets a Fed/JP beat down.
Up 439% for me. Nice to finally make some money <G>...
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Old 04-19-2011, 02:32 PM   #42
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Just hit 43.80
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Old 04-19-2011, 04:37 PM   #43
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It annoys me that there are no significant pullbacks, because I want to load up on every pullback.
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Old 04-20-2011, 10:49 AM   #44
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The pullback will come around 60-70
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Old 04-20-2011, 12:35 PM   #45
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It annoys me that there are no significant pullbacks, because I want to load up on every pullback.
If I can net 0.75% out of a pullback, I'm happy. Do that three times a week and you're golden. If I do it twice a week, I cover my living expenses.
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Old 05-11-2011, 03:21 PM   #46
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Did you guys sell in time?*

How To Go Broke Trading Silver Futures





*Yes, I know the chart is referring to silver futures and not the actual spot price.
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Old 05-11-2011, 03:44 PM   #47
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My advice, always pullout.
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Old 05-11-2011, 03:46 PM   #48
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Just came here to find out what is going on with the silver hounds after seeing the market today.

who is in for some dollar cost averaging?
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Old 05-11-2011, 04:10 PM   #49
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Originally Posted by mgeoffriau View Post
Did you guys sell in time?*

How To Go Broke Trading Silver Futures





*Yes, I know the chart is referring to silver futures and not the actual spot price.
LOL at that picture. Haha that's me.

**** MARGIN CALL!!!

Well actually, it's thankfully not me lol.
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Old 05-11-2011, 04:40 PM   #50
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I've got a box of $2000 worth of silver sitting next to me. I was thinking about offering the guy money for it outright to keep for myself, but I don't want to get into the habit of doing that.

In my mind stocks are all the same. I have 2 that I play with and when I make money on one I lose it on the other. I'm not much of a stock person.
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Old 05-11-2011, 07:22 PM   #51
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Buying opportunity.
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Old 05-11-2011, 08:00 PM   #52
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Buying opportunity.
based on what?
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Old 05-11-2011, 10:12 PM   #53
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Originally Posted by JasonC SBB View Post
Buying opportunity.
y8s

Agreed, most of us are buying physical anyways which is actually holding stronger. We are not buying to make money, though it has been doing just that. People are actually calling the big boys out and cashing out in physical. It will climb again in a couple of weeks.
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Old 05-11-2011, 10:30 PM   #54
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Silver and Gold are both going up in anticipation of the mass inflation that's coming due to most of the central banks of the world increasing their monetary base. QE1, QE2, QE3 ... it'll be worse than Nightmare on Elm Street.

Metals are not an "investment", they're a hedge against mass inflation.

Central bankers inflate in good times. They inflate more in bad times. All they know is to inflate. And enrich their buddies at Goldman Sachs and JP Morgan. And yet the existence of the gov't-granted monopoly debt-based fiat monetary system, is the very cause of the boom/bust cycle.

John Maynard Keynes is rotting in a very special place in hell. Waiting beside him is a space for Alan Greenspan.

The FED will stop inflating just short of hyperinflation. When the Federal Gov't goes bust because the accounting has finally caught up, soon after that will be the time to sell metals and buy more real estate and invest in Asian stocks.
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Old 10-08-2014, 12:41 PM   #55
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Quote:
Originally Posted by jacob300zx View Post
I bet silver hits $30 by Feb, any takers? lol
Quote:
Originally Posted by rmcelwee View Post
Bet it is down to $20 within the next 10 years.
Quote:
Originally Posted by sixshooter View Post
Also, RYTNX expense ratio is an astronomical 1.81% while the Vanguard fund (ticker symbol VB) has an expense ratio of 0.14%. On a $5000 investment that would be the difference between $90.50 and $7 commission to your fund manager every year. On $50k it would be $905 vs. $70 each year whether it goes up or down. I'm too cheap to give that much money away.


I was moving some money around today and remembered this thread.

Some numbers from 2011 (4/19/11 was the date in the thread):

$43.80 = Silver (what jacob300zx invested in)
$30.46 = RYTNX (what I invested in)
$78.94 = VB (what SixShooter invested in)

Today:
Silver = $17.15 (down 41%)
RYTNX = $64.90 (up 113%)
VB = $109.09 (up 38%)

FWIW, I've been thinking a lot about **** (kind of a mid-life crisis type of thing). I've pulled half my money out of the stock market on 9/13 (I think that was the day - right before it spiked and started going down) and am rethinking what my investments and life are going to be like in the 8 years I have left to work (I am 47 now) and beyond. I've done OK for myself so far and would like to concentrate a little more on wealth conservation vs acquisition. I currently put a mind blowing 71.5% of my taxable income into investments. No vacations, no toys, no fun. I put the V8 Miata up for sale after driving it only 200 miles over the past year and have someone coming over to look at it this afternoon. I want to clear up some stuff and relax a bit. I've also thought about leaving my current job of 25 years and doing something else. I have no idea how this will all work out or what I will be doing in a few years...
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Old 10-10-2014, 12:05 AM   #56
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more details about v8 miata for sale?
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Old 10-10-2014, 12:09 AM   #57
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Quote:
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more details about v8 miata for sale?
I don't want to advertise a car for sale in the BS thread. You can see the car here:

V8 Miata - 383 Stroker !!!

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Old 11-07-2014, 11:10 AM   #58
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I'm seeing silver and gold down here at bargain basement prices. I suspect this isn't the bottom of the bottom, but is it worth considering looking at them again?
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