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Buy low Sell high (pg. 4)
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| Lagrangian |
Our company buys from these people:
http://www.matthey.com/
Be careful, the precious metals markets are found to be incredibly speculative by many investors. Silver could have a massive drop in the future. You can spot trade or use binary options to hedge against your losses. In china you are actually free from leverage restrictions imposed by regulators in the U.S (Dodd-Frank). |
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| Dykes_on_Jay |
I trust silver more than the Chinese banks. I'm not investing 6 figures. I pick up a bit with loose cash once in awhile. It may go down, but I'm not selling.
I've been thinking of investing in BYD. They churn out those cars for nothing. Buffet agrees. |
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| Dykes_on_Jay |
| quote: | Originally posted by Vivid Boy
or you could use that money to buy more beats by dre knock offs and I will get some little italian kid to sell them to little black kids at his highschool |
Fine. Let's do it. Get Spyder. |
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| Nrg2Nfinit |
i've had major gains and major losses with silver. It is too volatile for me. I say if you can pick it up in the mid 20s its a safe hold
if the precious metals market drops prepare for silver to go back down to sub 15 though.. tier your plays.
I rather buy gold as silver is occasionally moved by gold pricing and not so much a currency hedge.
so you dont really have much to guage on. You know that everytime ben benanke opens his mouth to talk about stimulus, gold is going to rise. The same cannot be said about silver
I prefer gold cos rather than gold itself. These companys know how to hedge themselves against a drop in gold. you see gold drop from 1600 to 600 , i can assure you that the companies themselves (So long as you buy etfs and not single cos alone) will have a much more cushioned drop.
I would also say that right now gold cos are undervalued severely relative to the price of gold. |
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| Dykes_on_Jay |
| do you know how many loads i have to swallow to buy gold? it's why i buy silver. don't forget about vampires. |
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| Nrg2Nfinit |
| quote: | Originally posted by Dykes_on_Jay
do you know how many loads i have to swallow to buy gold? it's why i buy silver. don't forget about vampires. |
as i said, i dont buy physical gold, but the gold cos. you can also buy etf vehicles which mimic the price of gold.
you pay your 1.5 % annual management fee on those which comes out of the tracking value of the stock and you dont need to worry about storage, unit costs being to high etc.
there are many gold etf vehicles out there. Gold pricing is volatile though and again thats why i prefer to buy the gold companies. |
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| Lagrangian |
Don't take this personal, but I know a guy who used to walk around saying: 'Silver is poor man's gold'; he had a point. Karim is right, Gold could jump around the $1900's by mid-year, specially during March for the Debt-Ceiling charade.
I sold my physical Silver holdings to relatives of mine, I was able to erase some of my losses. You should learn about Fibonacci retracements, it gives you a sound idea of pivot levels -- support and resistance, for any investment vehicle that is quantifiable -- the world behaves in proportions (golden ratios). |
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| Nrg2Nfinit |
If you want to talk silver investments is suggest you talk to Lews
he has done fairly well with silver in the past. |
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| Nrg2Nfinit |
| quote: | Originally posted by Lagrangian
Don't take this personal, but I know a guy who used to walk around saying: 'Silver is poor man's gold'; he had a point. Karim is right, Gold could jump around the $1900's by mid-year, specially during March for the Debt-Ceiling charade.
I sold my physical Silver holdings to relatives of mine, I was able to erase some of my losses. You should learn about Fibonacci retracements, it gives you a sound idea of pivot levels -- support and resistance, for any investment vehicle that is quantifiable -- the world behaves in proportions (golden ratios). |
technicals are only as good as the algorithms that the big fish build them on.
If you have a majority out there that are contrarians your technicals could lead you to the exact opposite direction in what you expect to happen.
I'm a firm believer in fundamentals.. i try to get as much info as i can to assess the situation, then develop a mitigation strategy.. whethere that be options or tiers or exposure reduction. And stick to it. I take techinicals into consideration, but i won't build a play on them. IF my fundamental long term solution jives with techinical suppor on my tier; Bonus for me to follow through. Fundamentals are and i have a great RSI oversold or support scenario. Forget it. |
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| Lagrangian |
GOD SAVE THE QUEEN
Carney's Hot. |
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| Nrg2Nfinit |
honestly, you gotta get some leverage on that . can't you make some option plays on these moves? you are talking about less than 1% here.
Try the thursday 10:30am natural gas report. that's where the game is at ;)
find a nice leveraged vehicle, i am usually short,
and boom
you're solid
http://www.google.co.uk/finance?q=T...UUbDaMMqLrQHSUA |
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