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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: 10445
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.
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#1. To: buckeroo (#0)
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!
I have no professional fees attached, Indrid Cold .. so feel free to enjoy my sound recomendation(s) or leave it.
Leaving...
My bet is "buy." Lots of good reasons for it. 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".
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.
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
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.
You are side stepping your earlier argument for Wednesday. I don't understand why you want me to commit a contract for your side-stepping of current trend. Wednesday, March 29th 2006 is your wager from your earlier post upon this thread. I wager Ag rises in value. You say Ag falls in value. I say the loser of this wager pays Freedom4um in a gentleman's agreement. I commit $1,000 US dollars. What say you?
What say you? Nooooo... I said "it'll happen on a Wednesday," not "it'll happen THIS Wednesday". I made that statement as an indication that the market will tank when nobody is expecting it. So I'll bet $100 that, a year from now, spot silver closes lower than where it is today. And I'm not making side bets with every damn silver bug on the site.
Wager taken. Proceeds goto the management of Freedom4um.
Done and done. We have a closing spot of $10.91 (ask) according to Kitco.
bookmarked
There are no replies to Comment # 45. End Trace Mode for Comment # 45.
Top • Page Up • Full Thread • Page Down • Bottom/LatestFor the rest of you fine people, its going up so buy all you can.
#3. To: Indrid Cold (#1)
#4. To: buckeroo (#3)
I have no professional fees attached, Indrid Cold .. so feel free to enjoy my sound recomendation(s) or leave it.
#7. To: Indrid Cold (#4)
#10. To: buckeroo (#7)
So tell me why your would sell in this market?
#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.
#26. To: buckeroo (#25)
It ain't tanking yet, pal.
#27. To: Indrid Cold (#26)
It'll happen on a Wednesday, when everyone's attention is elsewhere.
#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.
#30. To: Indrid Cold (#29)
#35. To: buckeroo (#30)
Wednesday, March 29th 2006 is your wager from your earlier post upon this thread. I wager Ag rises in value. You say Ag falls in value. I say the loser of this wager pays Freedom4um in a gentleman's agreement. I commit $1,000 US dollars.
#43. To: Indrid Cold (#35)
So I'll bet $100 that, a year from now, spot silver closes lower than where it is today.
#44. To: buckeroo, Tauzero, imawit (#43)
#45. To: Indrid Cold (#44)
Replies to Comment # 45.