Author

Topic: Woo hoo Silver smack down (Read 6738 times)

legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 24, 2012, 04:26:19 PM
This thread just goes to show that people who run subscription services on this board backpedal and refuse to admit when they are wrong. Thread locked.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 24, 2012, 04:19:34 PM
#99
I am up for the bet, as long as we properly define the accurate way to obtain the physical silver price.
needs to be a sizeable market and not one seller at ebay
also , if the USD gets changed or defaults the bet is invalid

Well if the bet goes invalid because the Usd changes then your prediction is wrong because your prediction implies the USD will survive the way it exists today. Backpedal more please. Grin Grin Grin
legendary
Activity: 2100
Merit: 1000
December 24, 2012, 01:12:33 PM
#98
I am up for the bet, as long as we properly define the accurate way to obtain the physical silver price.
needs to be a sizeable market and not one seller at ebay
also , if the USD gets changed or defaults the bet is invalid
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 23, 2012, 08:00:42 PM
#97
Howabout the GOLD/SILVER RATIO

for the bet

How about no.
420
hero member
Activity: 756
Merit: 500
December 23, 2012, 07:57:28 PM
#95
Howabout the GOLD/SILVER RATIO

for the bet
legendary
Activity: 1904
Merit: 1002
December 23, 2012, 07:56:07 PM
#94
Lol fair is not backing down on what he claimed that silver will do. He said physical silver price will go down below $10 for 1 oz of bullion. So we are talking in today's dollars as they exist backed by the bullshit faith and credit of the united states govt.

So S0302 what is it going to be? Care to define physical silver price? I have and I've called you out. Put up or shut up.

Thanks

Your terms have nothing to do with his claim about silver though.  It adds extra risk to his side of the bet and if he doesn't take the bet I won't blame him or doubt his resolve about what will happen to silver prices.  If you simply agreed to cancel the bet in such an event then the bet would focus on silver prices instead of dollar fundamentals, but since you don't want to agree to a fair bet I can only assume that you are trying to back out by making the terms unreasonable.

Notme stay out of it. He made the call and bet about PHYSICAL silver prices. If he backed himself into a corner that's not my problem. Fair isn't decided by you. If he made an unreasonable call about physical silver prices then that's his problem. I have called him out. Waiting for confirmation From him.

Except your terms make the bet not about his claim.

Oh, and I'm allowed to post what I want as long as I follow the guidelines.  He's not in a corner, but you are sure acting like you are.  I'm sure he will respond in time, but while we wait I'm going to keep pestering you as long as you insist on acting like a big man.


Say what you want. The facts are in this thread quoted. I just quoted his bet. I'm asking for clarification of the term physical silver.  How is the unfair to ask him to clarify the terms? Get a fucking life lol. I'm not doing anything dishonest.

You're making the bet about dollar fundamentals with your ridiculous "if the dollars fundamentals change I win".  I'm not saying he won't still take the bet, and maybe if you had a lick of patience you could wait for what he said.  However, as your ignore button indicates, it is way too easy to excite you and get you to act like the dick you are.  As you know from our past, this is something I enjoy doing.  Not normally, but I make an exception for you Wink.  Now don't you feel special?

I have no problem with you asking for clarification on the definition of physical price.  In fact, I'm interested to see his response.  But why not keep the bet about silver and not about the dollar?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 23, 2012, 07:47:39 PM
#93
Lol fair is not backing down on what he claimed that silver will do. He said physical silver price will go down below $10 for 1 oz of bullion. So we are talking in today's dollars as they exist backed by the bullshit faith and credit of the united states govt.

So S0302 what is it going to be? Care to define physical silver price? I have and I've called you out. Put up or shut up.

Thanks

Your terms have nothing to do with his claim about silver though.  It adds extra risk to his side of the bet and if he doesn't take the bet I won't blame him or doubt his resolve about what will happen to silver prices.  If you simply agreed to cancel the bet in such an event then the bet would focus on silver prices instead of dollar fundamentals, but since you don't want to agree to a fair bet I can only assume that you are trying to back out by making the terms unreasonable.

Notme stay out of it. He made the call and bet about PHYSICAL silver prices. If he backed himself into a corner that's not my problem. Fair isn't decided by you. If he made an unreasonable call about physical silver prices then that's his problem. I have called him out. Waiting for confirmation From him.

Except your terms make the bet not about his claim.

Oh, and I'm allowed to post what I want as long as I follow the guidelines.  He's not in a corner, but you are sure acting like you are.  I'm sure he will respond in time, but while we wait I'm going to keep pestering you as long as you insist on acting like a big man.


Say what you want. The facts are in this thread quoted. I just quoted his bet. I'm asking for clarification of the term physical silver.  How is the unfair to ask him to clarify the terms? Get a fucking life lol. I'm not doing anything dishonest.
legendary
Activity: 1904
Merit: 1002
December 23, 2012, 07:42:23 PM
#92
Lol fair is not backing down on what he claimed that silver will do. He said physical silver price will go down below $10 for 1 oz of bullion. So we are talking in today's dollars as they exist backed by the bullshit faith and credit of the united states govt.

So S0302 what is it going to be? Care to define physical silver price? I have and I've called you out. Put up or shut up.

Thanks

Your terms have nothing to do with his claim about silver though.  It adds extra risk to his side of the bet and if he doesn't take the bet I won't blame him or doubt his resolve about what will happen to silver prices.  If you simply agreed to cancel the bet in such an event then the bet would focus on silver prices instead of dollar fundamentals, but since you don't want to agree to a fair bet I can only assume that you are trying to back out by making the terms unreasonable.

Notme stay out of it. He made the call and bet about PHYSICAL silver prices. If he backed himself into a corner that's not my problem. Fair isn't decided by you. If he made an unreasonable call about physical silver prices then that's his problem. I have called him out. Waiting for confirmation From him.

Except your terms make the bet not about his claim.

Oh, and I'm allowed to post what I want as long as I follow the guidelines.  He's not in a corner, but you are sure acting like you are.  I'm sure he will respond in time, but while we wait I'm going to keep pestering you as long as you insist on acting like a big man.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 23, 2012, 07:41:01 PM
#91
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Quoted just in case you try to back out of your call. Keep in mind that his call is in $10 USd as it exists today backed by the faith and credit of the US govt and nothing else but air.

He claims 1 oz of silver bullion (coin or bar) will go below $10 USD within the next 4 years. Physically delivered silver bullion. Just to clarify.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 23, 2012, 07:32:35 PM
#90
Lol fair is not backing down on what he claimed that silver will do. He said physical silver price will go down below $10 for 1 oz of bullion. So we are talking in today's dollars as they exist backed by the bullshit faith and credit of the united states govt.

So S0302 what is it going to be? Care to define physical silver price? I have and I've called you out. Put up or shut up.

Thanks

Your terms have nothing to do with his claim about silver though.  It adds extra risk to his side of the bet and if he doesn't take the bet I won't blame him or doubt his resolve about what will happen to silver prices.  If you simply agreed to cancel the bet in such an event then the bet would focus on silver prices instead of dollar fundamentals, but since you don't want to agree to a fair bet I can only assume that you are trying to back out by making the terms unreasonable.

Notme stay out of it. He made the call and bet about PHYSICAL silver prices. If he backed himself into a corner that's not my problem. Fair isn't decided by you. If he made an unreasonable call about physical silver prices then that's his problem. I have called him out. Waiting for confirmation From him.
420
hero member
Activity: 756
Merit: 500
December 23, 2012, 07:31:28 PM
#89
Silver could be $20 or $80 by 2014



http://www.youtube.com/watch?v=pgCLzoJi68k
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 23, 2012, 07:28:32 PM
#88
Remember 2008 when sliver was @10 USD and every bullion dealer was conveniently "out of stock"?

If anything that would be the case, so he's not gonna take you up on that bet smoothie.

He is the one who made the bet I'm just getting clear on the definitions and terms of the bet. As I said I'm calling him out. Either he can put up or backup his claim or shut up.
420
hero member
Activity: 756
Merit: 500
December 23, 2012, 07:28:04 PM
#87
What's the bet? I'm lost
legendary
Activity: 1904
Merit: 1002
December 23, 2012, 07:22:45 PM
#86
Lol fair is not backing down on what he claimed that silver will do. He said physical silver price will go down below $10 for 1 oz of bullion. So we are talking in today's dollars as they exist backed by the bullshit faith and credit of the united states govt.

So S0302 what is it going to be? Care to define physical silver price? I have and I've called you out. Put up or shut up.

Thanks

Your terms have nothing to do with his claim about silver though.  It adds extra risk to his side of the bet and if he doesn't take the bet I won't blame him or doubt his resolve about what will happen to silver prices.  If you simply agreed to cancel the bet in such an event then the bet would focus on silver prices instead of dollar fundamentals, but since you don't want to agree to a fair bet I can only assume that you are trying to back out by making the terms unreasonable.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 23, 2012, 07:21:00 PM
#85
Remember 2008 when sliver was @10 USD and every bullion dealer was conveniently "out of stock"?

If anything that would be the case, so he's not gonna take you up on that bet smoothie.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 23, 2012, 06:44:22 PM
#84
Lol fair is not backing down on what he claimed that silver will do. He said physical silver price will go down below $10 for 1 oz of bullion. So we are talking in today's dollars as they exist backed by the bullshit faith and credit of the united states govt.

So S0302 what is it going to be? Care to define physical silver price? I have and I've called you out. Put up or shut up.

Thanks
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
December 23, 2012, 06:12:59 PM
#83
Fair is whatever both sides agree on. It just depends whether you want to factor in inflation or not. I would think that any other change in the dollar would invalidate the bet though.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 23, 2012, 05:08:47 PM
#82
Notme, it is fair because his implication is that the dollar will exist as it exists today. It is damn fair in my eyes. You can't change the terms of the unit of currency of the agreement. If the US dollar gets changed  by default I win.
legendary
Activity: 1904
Merit: 1002
December 23, 2012, 03:33:53 PM
#81
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Ok lets come up with some stakes: If you loose you would have to stop highlighting your posts in blue color. I'm open for suggestions on what the counter stake should be.

sorry, but I love blue...

I am happy to accept the bet. I bet 10 BTC that Silver will have moved below 10 $ at least once intraday before Dec 31, 2016


1. Your bet is pathetic in size. Let's up it.
2. You still haven't defined the physical silver price and what that means. No comex or paper silver etc.
3. Physical price to me is what you can buy silver bullion 1oz coins from dealers who are delivering and not storing it for you. We could even use an average of craigslist prices on that day to determine a fair physical price.
4. We are talking about US dollars today as they exist today. No modified US dollar currency where it is backed by something physical or any new US dollar period. Meaning if the dollar gets changed from now until then you lose the bet because you won't be able to gauge the value if it is not being used anymore.

How is 4 fair?

Shouldn't you just agree to cancel the bet of the dollar is fundamentally changed?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 23, 2012, 03:09:38 PM
#80
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Ok lets come up with some stakes: If you loose you would have to stop highlighting your posts in blue color. I'm open for suggestions on what the counter stake should be.

sorry, but I love blue...

I am happy to accept the bet. I bet 10 BTC that Silver will have moved below 10 $ at least once intraday before Dec 31, 2016


1. Your bet is pathetic in size. Let's up it.
2. You still haven't defined the physical silver price and what that means. No comex or paper silver etc.
3. Physical price to me is what you can buy silver bullion 1oz coins from dealers who are delivering and not storing it for you. We could even use an average of craigslist prices on that day to determine a fair physical price.
4. We are talking about US dollars today as they exist today. No modified US dollar currency where it is backed by something physical or any new US dollar period. Meaning if the dollar gets changed from now until then you lose the bet because you won't be able to gauge the value if it is not being used anymore.
legendary
Activity: 1904
Merit: 1002
December 23, 2012, 03:02:52 PM
#79
ya i get this part. i read something like 1/5th of every tax dollar goes towards servicing debt at current (virtually zero) rates.

so sure if they keep ticking along at ~zero then they can stem the tide for a while, but tides have set a pretty strong historical precedent.

Essentially bonds are already negative interest, Do you think they would have the balls to actually make interest rates negative?

I think they are stuck between a rock (hyperinflation) and a hard place(deflation) and as bad as it might be, deflation is the lesser of two evils.

Exactly,  deflation is the lesser of the two evils.

Also, they don't have to make rates negative.  Every time they halve the interest rates the bond price doubles.  They just have to keep approaching zero.
legendary
Activity: 2576
Merit: 1087
December 23, 2012, 02:51:15 PM
#78
ya i get this part. i read something like 1/5th of every tax dollar goes towards servicing debt at current (virtually zero) rates.

so sure if they keep ticking along at ~zero then they can stem the tide for a while, but tides have set a pretty strong historical precedent.

Essentially bonds are already negative interest, Do you think they would have the balls to actually make interest rates negative?

I think they are stuck between a rock (hyperinflation) and a hard place(deflation) and as bad as it might be, deflation is the lesser of two evils.
legendary
Activity: 1904
Merit: 1002
December 23, 2012, 02:39:53 PM
#77
I am with you on this hypothesis, but the really niggly thing is that bonds are in a bubble too. The bond market is way bigger than the gold market - doeasnt that make them the 'majority' that are going to lose (if/when the dollar collapses?).


No, because the Fed has to save the bond market otherwise the already unaffordable debt will balloon so quick we will have to gear up the printing to hyperinflation levels.

They won't be able to save anything else.  The bond market won't be pretty, but they will keep rates as low as they can for as long as they can.
legendary
Activity: 2576
Merit: 1087
December 23, 2012, 02:26:30 PM
#76
I am with you on this hypothesis, but the really niggly thing is that bonds are in a bubble too. The bond market is way bigger than the gold market - doeasnt that make them the 'majority' that are going to lose (if/when the dollar collapses?).
legendary
Activity: 1904
Merit: 1002
December 23, 2012, 01:03:15 PM
#75
silver down maybe in the short term, long term all commodities should rise after all the dollar is fractional reserve garbage.

The fact that everybody thinks the dollar will become worthless is why I believe so strongly that we will in fact see the deflation S3052 and Cypherdoc have been predicting.  In capitalist economics it's the majority that always loses.  The rich get richer the poor get poorer.
newbie
Activity: 53
Merit: 0
December 23, 2012, 11:59:28 AM
#74
silver down maybe in the short term, long term all commodities should rise after all the dollar is fractional reserve garbage.
legendary
Activity: 1764
Merit: 1002
December 23, 2012, 11:29:52 AM
#73
how many of you have tried to transport all of your silver across town esp. if you hold a "large" amount of it?  everyone here knows when i liquidated all my junk silver early last year i almost broke my back lugging bag after bag after bag over to the local coin dealer.  and i was above the average hoarder of silver at the time.  

but here's the point.  i was still just one guy who would need silver to transact if silver ever reverted to it's real money status.  it's not possible for silver or any metal to flow fast enough or far enough or often enough to fill the huge debt hole we've created for ourselves worldwide.  the worldwide economy would still collapse.



Lol your reason for struggling with the transport of your silver is because you are old. Trollface.jpg

how old are you cypherdoc ? 30's?



 Cheesy
legendary
Activity: 2100
Merit: 1000
December 23, 2012, 11:16:04 AM
#72
I am happy to accept the bet. I bet 10 BTC that Silver will have moved below 10 $ at least once intraday before Dec 31, 2016[/color]
Go ahead http://betsofbitco.in

I have submitted a bet there. waiting for approval now
legendary
Activity: 1764
Merit: 1002
December 23, 2012, 11:15:32 AM
#71
how many of you have tried to transport all of your silver across town esp. if you hold a "large" amount of it?  everyone here knows when i liquidated all my junk silver early last year i almost broke my back lugging bag after bag after bag over to the local coin dealer.  and i was above the average hoarder of silver at the time.  

but here's the point.  i was still just one guy who would need silver to transact if silver ever reverted to it's real money status.  it's not possible for silver or any metal to flow fast enough or far enough or often enough to fill the huge debt hole we've created for ourselves worldwide.  the worldwide economy would still collapse.

Lol your reason for struggling with the transport of your silver is because you are old. Trollface.jpg

this one's a combination of #1 & #5.
hero member
Activity: 784
Merit: 506
December 23, 2012, 10:51:48 AM
#70
I myself am a huge silver bug as well. In the long term, you can't possibly lose on silver. If you are looking to sell within a month, you might lose a few bucks, but supply is dwindling, the world's mineable silver is running out, and demand is on the rise. If you have noticed the prices of silver coins, you will have seen that spot price is now irrelevant for the most part. Its all up to what people are willing to pay. Months ago when I started buying in at around $20 per ounce, the standard government bullion was, $2-$3 over spot or so (American silver eagles, Canadian Maples, Austrian Philharmonics) and generics could be found for less. Now you are lucky to find those coins for $5 over spot.

"It is estimated that more than 95% of all the silver ever mined throughout history has already been consumed by industrial use. That silver is gone forever, unrecoverable at any price. In 1900, there were approximately 12 billion ounces of silver in the world. Today, that figure has fallen to about 300 million ounces of above-ground, refined silver. This means that at current prices, it would only take about four billion dollars to purchase all of the above-ground silver in the world today." - Monex

http://www.cmi-gold-silver.com/monetarydigests/buy-silver-ounces/ - Warren Buffet buys 130 million ounces of silver

You do realise don't you that that article was written May 6, 1998 where ' Buffett’s cost [was] about $5.25/oz'?

I thought it was odd they were quoting all these 90s stats then when I saw the price ...

And though I know a lot of the arguments still apply we're not far off 15 years from when those price considerations were current.
sr. member
Activity: 462
Merit: 250
Clown prophet
December 23, 2012, 10:29:44 AM
#69
I am happy to accept the bet. I bet 10 BTC that Silver will have moved below 10 $ at least once intraday before Dec 31, 2016[/color]
Go ahead http://betsofbitco.in
legendary
Activity: 2100
Merit: 1000
December 23, 2012, 08:28:31 AM
#68
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Ok lets come up with some stakes: If you loose you would have to stop highlighting your posts in blue color. I'm open for suggestions on what the counter stake should be.

sorry, but I love blue...

I am happy to accept the bet. I bet 10 BTC that Silver will have moved below 10 $ at least once intraday before Dec 31, 2016
legendary
Activity: 2100
Merit: 1000
December 23, 2012, 08:27:05 AM
#67

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

How would that be possible?? with all the fiat inflation that is going on right now (and likely never to stop)? I could, perhaps, imagine it going down at some point in the future, BUT 10 USD???!?? In today's $ ? Or 2016 $ ? (<- even less likely)

this is bizarre!

??

yes, this is entirely possible
full member
Activity: 238
Merit: 100
December 23, 2012, 08:05:52 AM
#66

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

How would that be possible?? with all the fiat inflation that is going on right now (and likely never to stop)? I could, perhaps, imagine it going down at some point in the future, BUT 10 USD???!?? In today's $ ? Or 2016 $ ? (<- even less likely)

this is bizarre!

??
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 22, 2012, 03:59:22 PM
#65
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Please define physical silver price. Also we are talking $10 USD?

I'm also talking about 1 oz 999 fine silver bullion coins or bars.

What do you propose we bet?

i really would like to short a few bitcoins with silver with a three year time frame...


smoothie, wana write up a futures contact?
3 years I'll buy wtv 10BTC can buy of silver.

k?  Grin

Lol how about you also make a bet as well and that is a little less bias. Ok?Your bet suggestion only benefits you. If bitcoins go down in value that does not benefit me. Rethink your proposal and let me know. Thanks

look if in 3 years 10BTC can not even buy 1oz of silver we forget it, if not i Must buy 10BTC worth of your  silver at spot+5%

a bullion dealer might like my deal.. think about it he will for sure make a sale in 3 years.. or maybe not... LOL

all the risk is on me because i held the btc for 3 years waiting to maybe buy some silver with it.

I'm not bearish long term on bitcoin. Not sure I'm against your long term projections. This thread was about silver NOT bitcoin.

right, but it would be cool if could get someone like coinabull to agree

i would be willing to make a deal saying i must buy 10oz of silver in 3 years no matter what the price of bitcoin is
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 22, 2012, 03:53:50 PM
#64
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Please define physical silver price. Also we are talking $10 USD?

I'm also talking about 1 oz 999 fine silver bullion coins or bars.

What do you propose we bet?

i really would like to short a few bitcoins with silver with a three year time frame...


smoothie, wana write up a futures contact?
3 years I'll buy wtv 10BTC can buy of silver.

k?  Grin

Lol how about you also make a bet as well and that is a little less bias. Ok?Your bet suggestion only benefits you. If bitcoins go down in value that does not benefit me. Rethink your proposal and let me know. Thanks

look if in 3 years 10BTC can not even buy 1oz of silver we forget it, if not i Must buy 10BTC worth of your  silver at spot+5%

a bullion dealer might like my deal.. think about it he will for sure make a sale in 3 years.. or maybe not... LOL

all the risk is on me because i held the btc for 3 years waiting to maybe buy some silver with it.

I'm not bearish long term on bitcoin. Not sure I'm against your long term projections. This thread was about silver NOT bitcoin.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 22, 2012, 03:50:28 PM
#63
how many of you have tried to transport all of your silver across town esp. if you hold a "large" amount of it?  everyone here knows when i liquidated all my junk silver early last year i almost broke my back lugging bag after bag after bag over to the local coin dealer.  and i was above the average hoarder of silver at the time.  

but here's the point.  i was still just one guy who would need silver to transact if silver ever reverted to it's real money status.  it's not possible for silver or any metal to flow fast enough or far enough or often enough to fill the huge debt hole we've created for ourselves worldwide.  the worldwide economy would still collapse.

Lol your reason for struggling with the transport of your silver is because you are old. Trollface.jpg

how old are you cypherdoc ? 30's?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 22, 2012, 03:49:17 PM
#62
how many of you have tried to transport all of your silver across town esp. if you hold a "large" amount of it?  everyone here knows when i liquidated all my junk silver early last year i almost broke my back lugging bag after bag after bag over to the local coin dealer.  and i was above the average hoarder of silver at the time.  

but here's the point.  i was still just one guy who would need silver to transact if silver ever reverted to it's real money status.  it's not possible for silver or any metal to flow fast enough or far enough or often enough to fill the huge debt hole we've created for ourselves worldwide.  the worldwide economy would still collapse.

Lol your reason for struggling with the transport of your silver is because you are old. Trollface.jpg
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 22, 2012, 03:48:30 PM
#61
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Please define physical silver price. Also we are talking $10 USD?

I'm also talking about 1 oz 999 fine silver bullion coins or bars.

What do you propose we bet?

i really would like to short a few bitcoins with silver with a three year time frame...


smoothie, wana write up a futures contact?
3 years I'll buy wtv 10BTC can buy of silver.

k?  Grin

Lol how about you also make a bet as well and that is a little less bias. Ok?Your bet suggestion only benefits you. If bitcoins go down in value that does not benefit me. Rethink your proposal and let me know. Thanks

look if in 3 years 10BTC can not even buy 1oz of silver we forget it, if not i Must buy 10BTC worth of your  silver at spot+5%

a bullion dealer might like my deal.. think about it he will for sure make a sale in 3 years.. or maybe not... LOL

all the risk is on me because i held the btc for 3 years waiting to maybe buy some silver with it.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 22, 2012, 03:37:27 PM
#60
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Please define physical silver price. Also we are talking $10 USD?

I'm also talking about 1 oz 999 fine silver bullion coins or bars.

What do you propose we bet?

i really would like to short a few bitcoins with silver with a three year time frame...


smoothie, wana write up a futures contact?
3 years I'll buy wtv 10BTC can buy of silver.

k?  Grin

Lol how about you also make a bet as well and that is a little less bias. Ok?Your bet suggestion only benefits you. If bitcoins go down in value that does not benefit me. Rethink your proposal and let me know. Thanks
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 22, 2012, 03:31:59 PM
#59
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Please define physical silver price. Also we are talking $10 USD?

I'm also talking about 1 oz 999 fine silver bullion coins or bars.

What do you propose we bet?

i really would like to short a few bitcoins with silver with a three year time frame...


smoothie, wana write up a futures contact?
3 years I'll buy wtv 10BTC can buy of silver.

k?  Grin
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 22, 2012, 03:13:30 PM
#58
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Please define physical silver price. Also we are talking $10 USD?

I'm also talking about 1 oz 999 fine silver bullion coins or bars.

What do you propose we bet?

Also we are talking about US dollars as they exist today. Not some modification of the US dollar by being backed by something later or some new version of the dollar after an economic collapse. Just to be clear.
legendary
Activity: 1764
Merit: 1002
December 22, 2012, 03:10:56 PM
#57
Adam define money...

Or let us agree to disagree. I'm not taking anything away from bitcoin if you read carefully. Only concerning certain cheerleaders of bitcoin that cry when you attempt to mention a bearish price scenario lol.

that'd be an example of #5.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 22, 2012, 03:00:09 PM
#56
no one really cares, i actually kinda like hes always blue, i know who it is.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 22, 2012, 02:41:42 PM
#55
I was thinking more of a symbolic gesture. But since you offered it to smoothie how about you stop highlighting in blue and he in bold and large.
Actually I would prefer if you both stop doing that.  Undecided
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 22, 2012, 02:37:03 PM
#54
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Ok lets come up with some stakes: If you loose you would have to stop highlighting your posts in blue color. I'm open for suggestions on what the counter stake should be.

bitcoin


i'd like to short sivler with bitcoin too
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 22, 2012, 02:28:55 PM
#53
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016

Ok lets come up with some stakes: If you loose you would have to stop highlighting your posts in blue color. I'm open for suggestions on what the counter stake should be.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 22, 2012, 02:25:17 PM
#52
Adam define money...

Or let us agree to disagree. I'm not taking anything away from bitcoin if you read carefully. Only concerning certain cheerleaders of bitcoin that cry when you attempt to mention a bearish price scenario lol.

i guess you are right by my definition silver is money as well.

but i like bitcoin better as money,
because i really can get anything
i want, at fair price. it really is easy
and painless to make payments and
its not PalPay Dollars, its a commodity

its bitcoin!
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 22, 2012, 02:19:04 PM
#51
Adam define money...

Or let us agree to disagree. I'm not taking anything away from bitcoin if you read carefully. Only concerning certain cheerleaders of bitcoin that cry when you attempt to mention a bearish price scenario lol.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 22, 2012, 02:09:51 PM
#50
how many of you have tried to transport all of your silver across town esp. if you hold a "large" amount of it?  everyone here knows when i liquidated all my junk silver early last year i almost broke my back lugging bag after bag after bag over to the local coin dealer.  and i was above the average hoarder of silver at the time. 

but here's the point.  i was still just one guy who would need silver to transact if silver ever reverted to it's real money status.  it's not possible for silver or any metal to flow fast enough or far enough or often enough to fill the huge debt hole we've created for ourselves worldwide.  the worldwide economy would still collapse.

2020! the end of the world as we know it! or 2013  Huh

Lol!


Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

silver is not money, its was and attractive commodity and it still is attractive but bitcoin, brass, copper, Good FOOD  Wink, are all very attractive commodities as well
bitcoin is much closer to money then silver could ever hope to be; this is why 2 pizza sold for how many bitcoins  Cheesy
but silver is amazing non the less, there for it has ALOT of value.  
legendary
Activity: 2100
Merit: 1000
December 22, 2012, 02:09:29 PM
#49
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.

lets stop arguing and bet - if you are so sure. I bet that physical silver prices will fall below 10 $ before 31st Dec 2016
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 22, 2012, 01:56:26 PM
#48
Silver is money. Our constitution in the USA says it and many many societies through history used it as money. I'm. It saying that it will be the choice for most transactions. What I am saying is that it is a store of value. S0302 or whatever his name is is wrong that the physical price will fall far. In 2008 when silver went below $10 in the paper market the physical price for say silver eagles was over $35 on eBay. Physical price is determine by real people selling at their price and not the paper manipulated price by jp Morgan etc.
legendary
Activity: 1764
Merit: 1002
December 22, 2012, 11:27:37 AM
#47
how many of you have tried to transport all of your silver across town esp. if you hold a "large" amount of it?  everyone here knows when i liquidated all my junk silver early last year i almost broke my back lugging bag after bag after bag over to the local coin dealer.  and i was above the average hoarder of silver at the time.  

but here's the point.  i was still just one guy who would need silver to transact if silver ever reverted to it's real money status.  it's not possible for silver or any metal to flow fast enough or far enough or often enough to fill the huge debt hole we've created for ourselves worldwide.  the worldwide economy would still collapse.
legendary
Activity: 1722
Merit: 1217
December 22, 2012, 10:05:35 AM
#46
as predicted in my newsletter, Silver is going down (my subscribers can confirm this)
But this is not the end.. there is much more downside once a key support level will be broken.


I'm so glad i never bought gold or silver. Let the bubble POP!

maybe in a few years I'll buy some metal?

in order for silver to be in a bubble more than 1-3% of the worlds population would need to hold it as a financial asset =P. When you look at it in this light imagine what the price would do if there were an actual bubble i.e. if as many people held silver as a financial asset in the future as they do sovereign bonds right now (a real bubble).

Despite the fact that silver is not a bubble it is still entirely possible to see more downside in the future but i have to say if we see 26 dollars/oz you better jump on it or you will be kicking yourself for the rest of your life.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 22, 2012, 09:56:40 AM
#45
I myself am a huge silver bug as well. In the long term, you can't possibly lose on silver. If you are looking to sell within a month, you might lose a few bucks, but supply is dwindling, the world's mineable silver is running out, and demand is on the rise. If you have noticed the prices of silver coins, you will have seen that spot price is now irrelevant for the most part. Its all up to what people are willing to pay. Months ago when I started buying in at around $20 per ounce, the standard government bullion was, $2-$3 over spot or so (American silver eagles, Canadian Maples, Austrian Philharmonics) and generics could be found for less. Now you are lucky to find those coins for $5 over spot.

"It is estimated that more than 95% of all the silver ever mined throughout history has already been consumed by industrial use. That silver is gone forever, unrecoverable at any price. In 1900, there were approximately 12 billion ounces of silver in the world. Today, that figure has fallen to about 300 million ounces of above-ground, refined silver. This means that at current prices, it would only take about four billion dollars to purchase all of the above-ground silver in the world today." - Monex

http://www.cmi-gold-silver.com/monetarydigests/buy-silver-ounces/ - Warren Buffet buys 130 million ounces of silver

this is exactly my point. price development lead fundamentals, not the opposite. warren buffet will probably dump his silver  soon, if he is as smart as he thinks. once 26 $ breaks down we will see  a nice crash of both, physical and paper silver

Make sure to contact Buffet with your "advice", otherwise that drop "below 26" to 10 might not happen.
legendary
Activity: 2100
Merit: 1000
December 22, 2012, 09:24:43 AM
#44
I myself am a huge silver bug as well. In the long term, you can't possibly lose on silver. If you are looking to sell within a month, you might lose a few bucks, but supply is dwindling, the world's mineable silver is running out, and demand is on the rise. If you have noticed the prices of silver coins, you will have seen that spot price is now irrelevant for the most part. Its all up to what people are willing to pay. Months ago when I started buying in at around $20 per ounce, the standard government bullion was, $2-$3 over spot or so (American silver eagles, Canadian Maples, Austrian Philharmonics) and generics could be found for less. Now you are lucky to find those coins for $5 over spot.

"It is estimated that more than 95% of all the silver ever mined throughout history has already been consumed by industrial use. That silver is gone forever, unrecoverable at any price. In 1900, there were approximately 12 billion ounces of silver in the world. Today, that figure has fallen to about 300 million ounces of above-ground, refined silver. This means that at current prices, it would only take about four billion dollars to purchase all of the above-ground silver in the world today." - Monex

http://www.cmi-gold-silver.com/monetarydigests/buy-silver-ounces/ - Warren Buffet buys 130 million ounces of silver

this is exactly my point. price development lead fundamentals, not the opposite. warren buffet will probably dump his silver  soon, if he is as smart as he thinks. once 26 $ breaks down we will see  a nice crash of both, physical and paper silver
legendary
Activity: 2590
Merit: 2156
Welcome to the SaltySpitoon, how Tough are ya?
December 22, 2012, 08:47:12 AM
#43
I myself am a huge silver bug as well. In the long term, you can't possibly lose on silver. If you are looking to sell within a month, you might lose a few bucks, but supply is dwindling, the world's mineable silver is running out, and demand is on the rise. If you have noticed the prices of silver coins, you will have seen that spot price is now irrelevant for the most part. Its all up to what people are willing to pay. Months ago when I started buying in at around $20 per ounce, the standard government bullion was, $2-$3 over spot or so (American silver eagles, Canadian Maples, Austrian Philharmonics) and generics could be found for less. Now you are lucky to find those coins for $5 over spot.

"It is estimated that more than 95% of all the silver ever mined throughout history has already been consumed by industrial use. That silver is gone forever, unrecoverable at any price. In 1900, there were approximately 12 billion ounces of silver in the world. Today, that figure has fallen to about 300 million ounces of above-ground, refined silver. This means that at current prices, it would only take about four billion dollars to purchase all of the above-ground silver in the world today." - Monex

http://www.cmi-gold-silver.com/monetarydigests/buy-silver-ounces/ - Warren Buffet buys 130 million ounces of silver
hero member
Activity: 588
Merit: 500
December 22, 2012, 07:54:59 AM
#42
Still has a long way to go to match previous bottoms:

http://snalaska.com/cot/current/charts/SI.png

legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 21, 2012, 05:29:10 PM
#41
World did not end so all those who bought silver for trade in a post-end-of-world scenario (yes, I know) are selling.

and people who were holding back from buying bitcoin because of the world ending is now buying?  Cheesy

can you shove silver down a wire?

Copper is the wire and silver is part of the circuitry you send bitcoins. LOL
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
December 21, 2012, 04:59:38 PM
#40
World did not end so all those who bought silver for trade in a post-end-of-world scenario (yes, I know) are selling.

and people who were holding back from buying bitcoin because of the world ending is now buying?  Cheesy

can you shove silver down a wire?

If it is a silver wire, maybe.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 21, 2012, 04:52:04 PM
#39
the 1# driving force behind the PMs has been fear of dollar collapsing, and now its way over priced because of that, so the bottom line is PMs can only go up if the dollar collapses.

and even then, I'd rather protect my money in brass and copper, they are not in a bubble. ( that is if i had money to protect  Cheesy )

brass and copper will continue to go up with inflation because their isn't much speculation on these committees

gold and silver will continue to go down UNTIL the dollar collapse or Hyper inflation, because their is too much speculation done with these committees

stop trolling yourself.  it commodities, not committees.  Cheesy

still my point is made. protect your money buy committees!  Cheesy

no really tho, sound advice... commodities is where you wana be right now, and their are many other options to choose from other then silver and gold.

Yes but silver and gold (PMs) are the most liquid and non-perishable.

Copper and Brass is more liquid then gold.

Not sure if the scrap yard will take your scrap gold, but they will gladly take your as much Copper and Brass you have at spot.

oh god its typo day for me!

How many jewelry or coin shops accept brass or copper for cash? I've yet to hear of one. I'm sure there are but the amount of metal that exists in terms of copper and brass is substantial. It's much more common than silver or gold.

Just look at say CPM group's research on the base metals and how much yearly mine production is. You will see a huge difference between PMs and copper/brass.
legendary
Activity: 1764
Merit: 1002
December 21, 2012, 04:50:06 PM
#38
World did not end so all those who bought silver for trade in a post-end-of-world scenario (yes, I know) are selling.

and people who were holding back from buying bitcoin because of the world ending is now buying?  Cheesy

can you shove silver down a wire?
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 21, 2012, 04:48:50 PM
#37
World did not end so all those who bought silver for trade in a post-end-of-world scenario (yes, I know) are selling.

and people who were holding back from buying bitcoin because of the world ending is now buying?  Cheesy
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
December 21, 2012, 04:43:02 PM
#36
World did not end so all those who bought silver for trade in a post-end-of-world scenario (yes, I know) are selling.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 21, 2012, 03:56:56 PM
#35
the 1# driving force behind the PMs has been fear of dollar collapsing, and now its way over priced because of that, so the bottom line is PMs can only go up if the dollar collapses.

and even then, I'd rather protect my money in brass and copper, they are not in a bubble. ( that is if i had money to protect  Cheesy )

brass and copper will continue to go up with inflation because their isn't much speculation on these committees

gold and silver will continue to go down UNTIL the dollar collapse or Hyper inflation, because their is too much speculation done with these committees

stop trolling yourself.  it commodities, not committees.  Cheesy

still my point is made. protect your money buy committees!  Cheesy

no really tho, sound advice... commodities is where you wana be right now, and their are many other options to choose from other then silver and gold.

Yes but silver and gold (PMs) are the most liquid and non-perishable.

Copper and Brass is more liquid then gold.

Not sure if the scrap yard will take your scrap gold, but they will gladly take your as much Copper and Brass you have at spot.

oh god its typo day for me!
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 21, 2012, 03:56:00 PM
#34
the 1# driving force behind the PMs has been fear of dollar collapsing, and now its way over priced because of that, so the bottom line is PMs can only go up if the dollar collapses.

and even then, I'd rather protect my money in brass and copper, they are not in a bubble. ( that is if i had money to protect  Cheesy )

brass and copper will continue to go up with inflation because their isn't much speculation on these committees

gold and silver will continue to go down UNTIL the dollar collapse or Hyper inflation, because their is too much speculation done with these committees

stop trolling yourself.  it commodities, not committees.  Cheesy

still my point is made. protect your money buy committees!  Cheesy

no really tho, sound advice... commodities is where you wana be right now, and their are many other options to choose from other then silver and gold.

Yes but silver and gold (PMs) are the most liquid and non-perishable.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 21, 2012, 03:48:08 PM
#33
the 1# driving force behind the PMs has been fear of dollar collapsing, and now its way over priced because of that, so the bottom line is PMs can only go up if the dollar collapses.

and even then, I'd rather protect my money in brass and copper, they are not in a bubble. ( that is if i had money to protect  Cheesy )

brass and copper will continue to go up with inflation because their isn't much speculation on these committees

gold and silver will continue to go down UNTIL the dollar collapse or Hyper inflation, because their is too much speculation done with these committees

stop trolling yourself.  it commodities, not committees.  Cheesy

still my point is made. protect your money buy committees!  Cheesy

no really tho, sound advice... commodities is where you wana be right now, and their are many other options to choose from other then silver and gold.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 21, 2012, 03:43:54 PM
#32
the 1# driving force behind the PMs has been fear of dollar collapsing, and now its way over priced because of that, so the bottom line is PMs can only go up if the dollar collapses.

and even then, I'd rather protect my money in brass and copper, they are not in a bubble. ( that is if i had money to protect  Cheesy )

brass and copper will continue to go up with inflation because their isn't much speculation on these committees

gold and silver will continue to go down UNTIL the dollar collapse or Hyper inflation, because their is too much speculation done with these committees
legendary
Activity: 1764
Merit: 1002
December 21, 2012, 03:42:13 PM
#31
the 1# driving force behind the PMs has been fear of dollar collapsing, and now its way over priced because of that, so the bottom line is PMs can only go up if the dollar collapses.

and even then, I'd rather protect my money in brass and copper, they are not in a bubble. ( that is if i had money to protect  Cheesy )

yes.  geez, all of a sudden i can buy more Apple stock, gas, gold and silver with my USD's!
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 21, 2012, 03:38:23 PM
#30
the 1# driving force behind the PMs has been fear of dollar collapsing, and now its way over priced because of that, so the bottom line is PMs can only go up if the dollar collapses.

and even then, I'd rather protect my money in brass and copper, they are not in a bubble. ( that is if i had money to protect  Cheesy )
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 21, 2012, 03:18:54 PM
#28

you and silverbox oughta team up.  i bet that rat didn't buy back in GPL @ $1.55 like he claimed he would.

Sorry I'm all about the physical. Your GPL, ASL, ASS, FUCK, SHIT, BLSHT, stocks are all shit to me.

You should know better than to try and pawn someone else's call of "GPL" on me. Irrelevant. Nice try though.

You're getting better slowly at trolling...keep practicing.

 Grin Grin Grin

legendary
Activity: 1764
Merit: 1002
December 21, 2012, 03:12:11 PM
#27

you and silverbox oughta team up.  i bet that rat didn't buy back in GPL @ $1.55 like he claimed he would.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 21, 2012, 03:08:23 PM
#25
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 21, 2012, 03:03:57 PM
#24
its the end of the world as we know it!
and what do i buy?
BIT-FUCKING-COIN!
ya that's right, i have some balls   Grin
legendary
Activity: 1764
Merit: 1002
December 21, 2012, 02:46:36 PM
#23
as predicted in my newsletter, Silver is going down (my subscribers can confirm this)
But this is not the end.. there is much more downside once a key support level will be broken.


LOL the price we are all speaking of is the PAPER SILVER price. The paper price will not matter once our worldwide monetary system self-destructs because of all government currency debasement.

Silver is used in all electronics...including ASICs for bitcoin. Silver is not going anywhere.

Paper price is irrelevant. There will be a disconnect more so from physical to the paper price. Just watch and stay tuned.  Cheesy Cheesy Cheesy



Paper silver is just as good as the real thing, if everyone sells their paper silver, silver is not going to be worth much....

Oh yeah? How do you use paper silver in electronics, solar panels, anti-bacterial areas?
how do you trade physically silver on the an exchange?
paper silver is for speculators.
and also something that has been totally blow out of proportion, a scammy way to get more suckers to buy silver "It will go up Even more, thanks to Paper silver being a scam!"

darn, you are one smart penguin.  but exactly right; the leveraged positions on paper silver are enormous.  what do you think REALLY drove up the price to where it is now?
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 21, 2012, 02:44:12 PM
#22
as predicted in my newsletter, Silver is going down (my subscribers can confirm this)
But this is not the end.. there is much more downside once a key support level will be broken.


LOL the price we are all speaking of is the PAPER SILVER price. The paper price will not matter once our worldwide monetary system self-destructs because of all government currency debasement.

Silver is used in all electronics...including ASICs for bitcoin. Silver is not going anywhere.

Paper price is irrelevant. There will be a disconnect more so from physical to the paper price. Just watch and stay tuned.  Cheesy Cheesy Cheesy



Paper silver is just as good as the real thing, if everyone sells their paper silver, silver is not going to be worth much....

Oh yeah? How do you use paper silver in electronics, solar panels, anti-bacterial areas?
how do you trade physically silver on the an exchange?
paper silver is for speculators.
and also something that has been totally blow out of proportion, a scammy way to get more suckers to buy silver "It will go up Even more, thanks to Paper silver being a scam!"
legendary
Activity: 1764
Merit: 1002
December 21, 2012, 02:43:14 PM
#21
as predicted in my newsletter, Silver is going down (my subscribers can confirm this)
But this is not the end.. there is much more downside once a key support level will be broken.


LOL the price we are all speaking of is the PAPER SILVER price. The paper price will not matter once our worldwide monetary system self-destructs because of all government currency debasement.

Silver is used in all electronics...including ASICs for bitcoin. Silver is not going anywhere.

Paper price is irrelevant. There will be a disconnect more so from physical to the paper price. Just watch and stay tuned.  Cheesy Cheesy Cheesy



Paper silver is just as good as the real thing, if everyone sells their paper silver, silver is not going to be worth much....

stop trolling  Wink
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 21, 2012, 02:39:01 PM
#20
as predicted in my newsletter, Silver is going down (my subscribers can confirm this)
But this is not the end.. there is much more downside once a key support level will be broken.


LOL the price we are all speaking of is the PAPER SILVER price. The paper price will not matter once our worldwide monetary system self-destructs because of all government currency debasement.

Silver is used in all electronics...including ASICs for bitcoin. Silver is not going anywhere.

Paper price is irrelevant. There will be a disconnect more so from physical to the paper price. Just watch and stay tuned.  Cheesy Cheesy Cheesy



Paper silver is just as good as the real thing, if everyone sells their paper silver, silver is not going to be worth much....

Oh yeah? How do you use paper silver in electronics, solar panels, anti-bacterial areas?

So I'm guessing EVERYONE is going to sell their paper silver right? Because they want physical silver perhaps? lol
legendary
Activity: 2100
Merit: 1000
December 21, 2012, 02:33:24 PM
#19
as predicted in my newsletter, Silver is going down (my subscribers can confirm this)
But this is not the end.. there is much more downside once a key support level will be broken.


LOL the price we are all speaking of is the PAPER SILVER price. The paper price will not matter once our worldwide monetary system self-destructs because of all government currency debasement.

Silver is used in all electronics...including ASICs for bitcoin. Silver is not going anywhere.

Paper price is irrelevant. There will be a disconnect more so from physical to the paper price. Just watch and stay tuned.  Cheesy Cheesy Cheesy



Paper silver is just as good as the real thing, if everyone sells their paper silver, silver is not going to be worth much....

+1
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 21, 2012, 02:30:22 PM
#18
as predicted in my newsletter, Silver is going down (my subscribers can confirm this)
But this is not the end.. there is much more downside once a key support level will be broken.


LOL the price we are all speaking of is the PAPER SILVER price. The paper price will not matter once our worldwide monetary system self-destructs because of all government currency debasement.

Silver is used in all electronics...including ASICs for bitcoin. Silver is not going anywhere.

Paper price is irrelevant. There will be a disconnect more so from physical to the paper price. Just watch and stay tuned.  Cheesy Cheesy Cheesy



Paper silver is just as good as the real thing, if everyone sells their paper silver, silver is not going to be worth much....
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 21, 2012, 02:29:05 PM
#17
as predicted in my newsletter, Silver is going down (my subscribers can confirm this)
But this is not the end.. there is much more downside once a key support level will be broken.


LOL the price we are all speaking of is the PAPER SILVER price. The paper price will not matter once our worldwide monetary system self-destructs because of all government currency debasement.

Silver is used in all electronics...including ASICs for bitcoin. Silver is not going anywhere.

Paper price is irrelevant. There will be a disconnect more so from physical to the paper price. Just watch and stay tuned.  Cheesy Cheesy Cheesy

legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
December 21, 2012, 02:23:05 PM
#16
as predicted in my newsletter, Silver is going down (my subscribers can confirm this)
But this is not the end.. there is much more downside once a key support level will be broken.


I'm so glad i never bought gold or silver. Let the bubble POP!

maybe in a few years I'll buy some metal?
legendary
Activity: 2100
Merit: 1000
December 21, 2012, 02:20:02 PM
#15
as predicted in my newsletter, Silver is going down (my subscribers can confirm this)
But this is not the end.. there is much more downside once a key support level will be broken.
legendary
Activity: 1904
Merit: 1002
December 21, 2012, 01:58:58 PM
#14
It has certainly, but the idea of gold and silver is that you hold them for a long time so you can get some real profits out of it, short term holding isn't going to cut it, rest assured though the inflation that will come from federal reserves money printing will send the prices sky rocketing again I predict gold at least will go higher than $2000 because the scale of the crash looks like it could well be far worse than the 2008/2009 crash.

Unless the debt defaults that cause contraction of the money supply overtake the minuscule (by comparison) expansion being done by the fed.
hero member
Activity: 519
Merit: 501
:|: AmagiMetals :|: AnthemGold :|: HERC :|:
December 20, 2012, 07:12:49 PM
#13
Any guesses why the drop?  I don't really follow PM markets, but I'm actually kinda surprised about this.

It's not really that surprising: http://www.amagimetals.com/blog/2012/12/19/heavy-profit-taking-in-gold-has-investors-licking-their-wounds/
legendary
Activity: 1540
Merit: 1000
December 20, 2012, 06:30:31 PM
#12
It has certainly, but the idea of gold and silver is that you hold them for a long time so you can get some real profits out of it, short term holding isn't going to cut it, rest assured though the inflation that will come from federal reserves money printing will send the prices sky rocketing again I predict gold at least will go higher than $2000 because the scale of the crash looks like it could well be far worse than the 2008/2009 crash.
hero member
Activity: 540
Merit: 500
COINDER
December 20, 2012, 05:54:29 PM
#11
Any guesses why the drop?  I don't really follow PM markets, but I'm actually kinda surprised about this.

Silver is called an "elastic asset"  were gold is "inelastic asset" (becourse of its natural value) witch means that it is also based on trust and when this fluctuats silver has an 16/1 movement factor this means when the market trust the fiat the price is going down, when the fiat is in trouble the price goes up...and there is offcourse the normal demand and supply factor..
hero member
Activity: 518
Merit: 500
December 20, 2012, 05:36:35 PM
#10
Any guesses why the drop?  I don't really follow PM markets, but I'm actually kinda surprised about this.
hero member
Activity: 540
Merit: 500
COINDER
December 20, 2012, 05:11:08 PM
#9
bough today and will be the next few weeks .. Buy Buy Buy....

Untill 2020 the industrie alone needs     300.000.000  ounces   ww
until then we can get                            180.000.000 out of the mines

Something tells me we get short of silver in 6 to 8 years.. Wink

ooo here it,is:


http://www.youtube.com/watch?feature=player_embedded&v=xCCuLMgyUgY#!
hero member
Activity: 518
Merit: 500
December 20, 2012, 04:43:09 PM
#8
lol you call that a troll?

Buddy take a good look at your ignore button. Perhaps you need to get a higher set of cry babies to ignore you because you troll them so hard, then come back and let's discuss. Until the, you are but a pea of a troll to me. MUAHAHAHAHHAHAHAHAHAHAHAHA!  Grin Grin Grin

Hehe.  No, I was just kinda making fun of other traders in general by spouting gibberish, but then you responded to me with a serious response which is what was funny to me.  I'm not actually tryin' to actively troll Cheesy
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 20, 2012, 04:41:13 PM
#7
I'm a bear on silver. Dump all the silver.

THEN SHORT, go long, SHORT AGAIN, hold, draw a graph, circle the graph, hold, short, DUMP!

In that order.

Sorry buddy but I'm all about the physical. Shorting silver is retarded. Once the paper silver scheme goes away you will be out of the market of cheap silver.

Did....did I just troll you? Did this just happen?

lol you call that a troll?

Buddy take a good look at your ignore button. Perhaps you need to get a higher set of cry babies to ignore you because you troll them so hard, then come back and let's discuss. Until the, you are but a pea of a troll to me. MUAHAHAHAHHAHAHAHAHAHAHAHA!  Grin Grin Grin
hero member
Activity: 518
Merit: 500
December 20, 2012, 04:17:49 PM
#6
I'm a bear on silver. Dump all the silver.

THEN SHORT, go long, SHORT AGAIN, hold, draw a graph, circle the graph, hold, short, DUMP!

In that order.

Sorry buddy but I'm all about the physical. Shorting silver is retarded. Once the paper silver scheme goes away you will be out of the market of cheap silver.

Did....did I just troll you? Did this just happen?
legendary
Activity: 1137
Merit: 1001
December 20, 2012, 04:16:02 PM
#5
LT Capital gains tax increasing in US. Profitable trades could be exited early to take advantage of this. Applies to AAPL as well
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 20, 2012, 04:00:19 PM
#4
I'm a bear on silver. Dump all the silver.

THEN SHORT, go long, SHORT AGAIN, hold, draw a graph, circle the graph, hold, short, DUMP!

In that order.

Sorry buddy but I'm all about the physical. Shorting silver is retarded. Once the paper silver scheme goes away you will be out of the market of cheap silver.
legendary
Activity: 1540
Merit: 1000
December 20, 2012, 03:46:51 PM
#3
Holding some Gold/Silver and Oil stocks over here, I should have bought some high volume ones but I'm sure my time will come in the next few weeks, but yeah silvers going to shoot up, along with all of them.
hero member
Activity: 518
Merit: 500
December 20, 2012, 03:30:56 PM
#2
I'm a bear on silver. Dump all the silver.

THEN SHORT, go long, SHORT AGAIN, hold, draw a graph, circle the graph, hold, short, DUMP!

In that order.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 20, 2012, 03:28:35 PM
#1
Time to buy  Cheesy
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