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Business/Finance
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Title: 22 Year High Today: Ag
Source: Kitco.com
URL Source: http://www.kitco.com/charts/livesilver.html
Published: Mar 21, 2006
Author: buckeroo
Post Date: 2006-03-21 21:48:34 by buckeroo
Keywords: Today:, Year, High
Views: 12691
Comments: 53


Poster Comment:

Good news for some of us. For the rest of you fine people, its going up so buy all you can.
(1 image)

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Begin Trace Mode for Comment # 34.

#1. To: buckeroo (#0)

For the rest of you fine people, its going up so buy all you can.

I didn't see a disclaimer there saying that your post did not constitute financial advice, so if I buy a pile and it goes down, then I can sue you.

Sell, sell, sell! Nobody wants to be long on anything at a 22-year high--take the money and run!

Indrid Cold  posted on  2006-03-21   22:23:20 ET  Reply   Untrace   Trace   Private Reply  


#3. To: Indrid Cold (#1)

I have no professional fees attached, Indrid Cold .. so feel free to enjoy my sound recomendation(s) or leave it.

buckeroo  posted on  2006-03-21   22:44:50 ET  Reply   Untrace   Trace   Private Reply  


#4. To: buckeroo (#3)

I have no professional fees attached, Indrid Cold .. so feel free to enjoy my sound recomendation(s) or leave it.

Leaving...

Indrid Cold  posted on  2006-03-21   22:49:20 ET  Reply   Untrace   Trace   Private Reply  


#7. To: Indrid Cold (#4)

My bet is "buy." Lots of good reasons for it. So tell me why your would sell in this market?

buckeroo  posted on  2006-03-21   22:56:01 ET  Reply   Untrace   Trace   Private Reply  


#10. To: buckeroo (#7)

So tell me why your would sell in this market?

Because I'm a precious metals dealer.

No effing way do I want to be buying at a 22 year high, watch the market tank, and then be stuck with cruddy silver for the next 22 years until I can unload it at break-even again.

I'll take a safe, locked-in profit over trying to guess the market top any day. Buy low, sell high, that's my motto. Plenty of other stuff out there that I can get "bought right".

Indrid Cold  posted on  2006-03-21   23:03:36 ET  Reply   Untrace   Trace   Private Reply  


#25. To: Indrid Cold (#10)

No effing way do I want to be buying at a 22 year high, watch the market tank ...


It ain't tanking yet, pal.

buckeroo  posted on  2006-03-23   22:14:12 ET  (1 image) Reply   Untrace   Trace   Private Reply  


#26. To: buckeroo (#25)

It ain't tanking yet, pal.

Are you posting this because you want me to rub your nose in it when it does?

Patience, my precioussssss.

It'll happen on a Wednesday, when everyone's attention is elsewhere.

Indrid Cold  posted on  2006-03-24   0:41:01 ET  Reply   Untrace   Trace   Private Reply  


#27. To: Indrid Cold (#26)

It'll happen on a Wednesday, when everyone's attention is elsewhere.

Since you are so confident about your predictions, maybe you can suggest by what mechanisms you have discovered a crystal ball. I wager you are wrong. I wager that profit taking continues while demand increases taking Au tanking.

How much ya got to wager on a side note? All proceeds goto the forum for expenses on this wager.

- buckeroo

buckeroo  posted on  2006-03-24   1:02:03 ET  Reply   Untrace   Trace   Private Reply  


#29. To: buckeroo, Tauzero, imawit (#27)

How much ya got to wager on a side note? All proceeds goto the forum for expenses on this wager.

OK. Here's what I propose:

April first, you "buy" one contract of silver (paper trading, no money, no comissions, no nothing) at the opening price (spot). I'll "sell" one contract at open. A year from then, we close out our positions at the closing price. One of us will be down money, one of us up. The loser donates $100 to 4um.

Maybe Tauzero and/or imawit will referee.

Indrid Cold  posted on  2006-03-25   23:12:30 ET  Reply   Untrace   Trace   Private Reply  


#32. To: Indrid Cold (#29)

OK. Here's what I propose:

April first, you "buy" one contract of silver (paper trading, no money, no comissions, no nothing) at the opening price (spot). I'll "sell" one contract at open. A year from then, we close out our positions at the closing price. One of us will be down money, one of us up. The loser donates $100 to 4um.

Maybe Tauzero and/or imawit will referee.

I don't want to but in to y'alls thing here, but in the interest of supporting the 4um I'll take that bet. I understand, almost envy your position but I think your perspective is skewed by the business you are in, not that there is anything wrong with the business, it's just that the prices you pay don't reflect the real market (because of the customer base you deal with or how they obtained their PM's) or your overhead for that matter.

Who is going to referee

Hmmmmm  posted on  2006-03-25   23:53:24 ET  Reply   Untrace   Trace   Private Reply  


#33. To: Hmmmmm (#32)

Who is going to referee

http://Kitco.com

buckeroo  posted on  2006-03-26   0:12:14 ET  Reply   Untrace   Trace   Private Reply  


#34. To: buckeroo (#33)

this time next year silver will be closer to $40 than $4 That's my guess.

Hmmmmm  posted on  2006-03-26   3:14:53 ET  Reply   Untrace   Trace   Private Reply  


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