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Atlas Shrugged
05-01-2011, 12:41 AM
I always wonder how much fear is a factor in buy and sell decisions for silver. If you read any stock board, you will see this daily.

I was reading the GOOG board right after the IPO and the significant run up in price.

There were so many DOOM posts, it would make an uninitiated person who knew nothing of the company cower in fear.

I always wondered who those people are and here is my stab at the silver doomers:

1. Envy: They missed the boat. They came to silver late. They want the price to go down badly and will bash silver until it does. These are also people who keep waiting for a "dip". Oh how to get it back down in the 30 or even 20 range. Maybe we can scare it out of 'em.
2. Pride: Missed the silver boat, but loaded up on the gold boat. A little bit of envy, but know the fundamentals of both metals. Unfortunately, they picked the wrong horse for this round of the race. They want so badly for the GSR to head back up to 70:1, mainly through gold's price increasing. Overall, they mean no harm, but their pride is damaged since silver is just a gutter metal.
3. Greed: Another group that missed the boat. These are the early sellers who had big stashes and have sold along the way. At 25, 28, 30, etc. These people were expecting another knock down like in 2008.
4. Evil: These are the real plants. If you think there aren't board members who actually work for the shorts or other interests; who have worked their way into the board over the years, then you are just naive. These folks are the most dangerous of the bunch.

I was going to add a fifth group called the "honorables", who are doing a just service to the community. I just don't think that is possible, since if I missed the boat or sold early, If I did post, it would be to congratulate everyone. I don't think the honorables exist.

Of course the other side of the coin are the irrationally exuberants, newbies who are scared to death they are buying at the top, old timers who are just as surprised as everyone else and the touts who need silver to keep being in the limelight, but don't really care about the price. The final category are the conservatives, not in the political sense of the world. They are buying long term for insurance.

Anyway, when someone bashes on the board, see if they might not fit into one of the above categories.

:cool:

silverstasher
05-01-2011, 12:52 AM
Atlas sure is a thinker and a great one at that :)I think reading between the lines of posts is something that is important and has worked for me.

Thanks for the time and thoughts put into your post.Hold tight as I believe the party has yet to start:)

Atlas Shrugged
05-01-2011, 12:59 AM
Atlas sure is a thinker and a great one at that :)I think reading between the lines of posts is something that is important and has worked for me.

Thanks for the time and thoughts put into your post.Hold tight as I believe the party has yet to start:)

Thank you. I have become a little more active on the board than I though I would, but there are so many good people here who really know whats going on.

In a way, it is a little theraputic for me. ;)

AgStacker
05-01-2011, 01:04 AM
Solid post, the bull will take very few of us anything like all the way.

It takes a rare and getting rarer combination of vision, courage, stubbornness and independence bordering on mental hermitage.

Everyone, all the pundits, all the analysts, experts of every stripe will disagree with those who ride long and hard. Friends who have held for years will bail and call you greedy and blind to facts.

Being a full-bull rider is lonely and hard but boy howdy does it pay well.

silverstasher
05-01-2011, 01:25 AM
Solid post, the bull will take very few of us anything like all the way.

It takes a rare and getting rarer combination of vision, courage, stubbornness and independence bordering on mental hermitage.

Everyone, all the pundits, all the analysts, experts of every stripe will disagree with those who ride long and hard. Friends who have held for years will bail and call you greedy and blind to facts.

Being a full-bull rider is lonely and hard but bow howdy does it pay well.

Thanks for all you do to AgStacker:D

mojo1
05-01-2011, 04:16 AM
4. Evil: These are the real plants. If you think there aren't board members who actually work for the shorts or other interests; who have worked their way into the board over the years, then you are just naive. These folks are the most dangerous of the bunch.

There are a few full time disinformation specialist working this board on a regular basis. By working I mean it's literally their job. Their job is to create confusion and doubt. All you have to ask is why would anyone who believes silver/gold to be such a crappy, dangerous, bubble investment, spend hours on a silver/gold forum desperately trying to convince all on the board of it. If I thought silver was a bad thing to own and was in a bubble about to pop I certainly wouldn't hang out here wasting my time trying to convince all the dumb, ignorant, misled silver stackers of it.

I believe many paper products (derivatives, currencies, bonds, etc.) are in the largest bubble ever created, and will be as worthless as used toilet paper in the near future, but the last thing on my mind is to go to some paper traders or bankers forum and spend all day arguing my point and trying to convince them of it. It would be a ridiculous waste of my time, unless someone would pay me to do it.

It's one thing to express some doubt or worry, it's another to be on a full on fear attack.

Hold fast to physical! This thing is going much much higher medium/long term. It's obvious and crystal clear to me.

All my money is where my mouth is.

Whiterabbit Always Late
05-01-2011, 04:29 AM
"There are a few full time disinformation specialist working this board on a regular basis."

judging by what i've seen on various forums over the years i have no problem believing that, unfortunately. good thread.

SilverGal
05-01-2011, 04:51 AM
Good post!

There are a few full time disinformation specialist working this board on a regular basis. By working I mean it's literally their job. Their job is to create confusion and doubt. All you have to ask is why would anyone who believes silver/gold to be such a crappy, dangerous, bubble investment, spend hours on a silver/gold forum desperately trying to convince all on the board of it. If I thought silver was a bad thing to own and was in a bubble about to pop I certainly wouldn't hang out here wasting my time trying to convince all the dumb, ignorant, misled silver stackers of it.

I believe many paper products (derivatives, currencies, bonds, etc.) are in the largest bubble ever created, and will be as worthless as used toilet paper in the near future, but the last thing on my mind is to go to some paper traders or bankers forum and spend all day arguing my point and trying to convince them of it. It would be a ridiculous waste of my time, unless someone would pay me to do it.

It's one thing to express some doubt or worry, it's another to be on a full on fear attack.

Hold fast to physical! This thing is going much much higher medium/long term. It's obvious and crystal clear to me.

All my money is where my mouth is.

hippy
05-01-2011, 06:25 AM
It's one thing to express some doubt or worry, it's another to be on a full on fear attack.

Hold fast to physical! This thing is going much much higher medium/long term. It's obvious and crystal clear to me.

All my money is where my mouth is.

Amen!
I don't have much & I must protect what I do have. I believe that physical PM is the best way to do that.

Comet
05-01-2011, 07:15 AM
I always wonder how much fear is a factor in buy and sell decisions for silver. If you read any stock board, you will see this daily.

I was reading the GOOG board right after the IPO and the significant run up in price.

There were so many DOOM posts, it would make an uninitiated person who knew nothing of the company cower in fear.

I always wondered who those people are and here is my stab at the silver doomers:

1. Envy: They missed the boat. They came to silver late. They want the price to go down badly and will bash silver until it does. These are also people who keep waiting for a "dip". Oh how to get it back down in the 30 or even 20 range. Maybe we can scare it out of 'em.
2. Pride: Missed the silver boat, but loaded up on the gold boat. A little bit of envy, but know the fundamentals of both metals. Unfortunately, they picked the wrong horse for this round of the race. They want so badly for the GSR to head back up to 70:1, mainly through gold's price increasing. Overall, they mean no harm, but their pride is damaged since silver is just a gutter metal.
3. Greed: Another group that missed the boat. These are the early sellers who had big stashes and have sold along the way. At 25, 28, 30, etc. These people were expecting another knock down like in 2008.
4. Evil: These are the real plants. If you think there aren't board members who actually work for the shorts or other interests; who have worked their way into the board over the years, then you are just naive. These folks are the most dangerous of the bunch.

I was going to add a fifth group called the "honorables", who are doing a just service to the community. I just don't think that is possible, since if I missed the boat or sold early, If I did post, it would be to congratulate everyone. I don't think the honorables exist.

Of course the other side of the coin are the irrationally exuberants, newbies who are scared to death they are buying at the top, old timers who are just as surprised as everyone else and the touts who need silver to keep being in the limelight, but don't really care about the price. The final category are the conservatives, not in the political sense of the world. They are buying long term for insurance.

Anyway, when someone bashes on the board, see if they might not fit into one of the above categories.

:cool:

Yes. Nice observation.
Some late entys will be the weak hands causing the spike corrections.
There can be honorable long term stackers and then traders working the ups and downs.

Thx1138
05-01-2011, 07:41 AM
I think the sour grapes one is indeed the most common.

If you said "get out now, it's going to bust!" last year, and you are a so-called financial guru, what choice do you have but to push the date further along?

Sit back for six months waiting for a $5 drop so they can burst in, say "I told you so", and then with that newly restored "credibility" start rattling the silver cage again.

Financial pros have either downplayed, ignored or rallied against PMs for paper for many years, especially the gutter metal.

It just goes against what they learned.

Thx :)

Tinabell
05-01-2011, 08:54 AM
http://finance.yahoo.com/news/5-banks-fail-in-Fla-Ga-Mich-apf-137795390.html?x=0&sec=topStories&pos=3&asset=&ccode=

It's far from being over.

What is the next bad news? Stay tuned it's coming.

silverone
05-01-2011, 09:20 AM
http://finance.yahoo.com/news/5-banks-fail-in-Fla-Ga-Mich-apf-137795390.html?x=0&sec=topStories&pos=3&asset=&ccode=

It's far from being over.

What is the next bad news? Stay tuned it's coming.

over? it's barely begun! i bought and still (sometimes) buy silver because i have faith in what the Fed's are doing! :rolleyes: :D

Atlas Shrugged
05-01-2011, 03:09 PM
Financial pros have either downplayed, ignored or rallied against PMs for paper for many years, especially the gutter metal

Why is that?

Fast money mentioned silver, when it went up fast... Money FiPros want it FAST... and most don't play in commodities.

Mellow Yellow
05-01-2011, 04:01 PM
There are a few full time disinformation specialist working this board on a regular basis. By working I mean it's literally their job. Their job is to create confusion and doubt. All you have to ask is why would anyone who believes silver/gold to be such a crappy, dangerous, bubble investment, spend hours on a silver/gold forum desperately trying to convince all on the board of it. If I thought silver was a bad thing to own and was in a bubble about to pop I certainly wouldn't hang out here wasting my time trying to convince all the dumb, ignorant, misled silver stackers of it.

It's one thing to express some doubt or worry, it's another to be on a full on fear attack.

Hold fast to physical! This thing is going much much higher medium/long term. It's obvious and crystal clear to me.

All my money is where my mouth is.

Your tax dollars at work. :eek: There is software that allows an individual to create multiple identities as if he is posting from multiple locations. There is no substitute for study, experience, and discernment. It makes no sense that a commodity price would be suppressed until you realize that PM's compete with currency. The world is a web of deceit and "common sense" no longer applies. Corruption is the new normal.

Tinabell
05-01-2011, 05:25 PM
There are lots of good posts in this thread. Thanks to everyone for his imput.

Most people don't realize our country is in the worst condition it has ever been in. Over and over Americans have accomplished impossible tasks throughout the history of this great country. Unfortunately now we are up against mathmatics. You cannot defy mathmatics. There are no exceptions with numbers. Inflation will make it necessary for interest rates to go up and you know what that does to the 14 trillion pound bear in the room.

I have always said expensive imported oil is draining this country of its wealth. We are back to $4.00 a gallon and that will expedite this train wreck. You either see what is coming or you don't.

The day there are no buyers of our treasury bonds will be a day to remember. Recently we have been buying 83%. That is a loud alarm going off.

I was in the stock market for years. The last five I was worried holding stocks. I am totally out now and that relieved alot of worry. I am now mostly PMs with some dry powder. I don't want to sell any of my PMs and if the POS falls much at all I plan on buying more.

I sleep much better being in PMs. I believe the stock market has a huge correction coming shortly. Last week another 429k lost their jobs. This has been happening for over two years now. 429k times 104 weeks is 44MM. I know we have to subtract that against the ones finding jobs. And that number has been very weak. The true unemployment rate is much higher than what is being reported.

I also believe in keeping some fiat onhand. I read an article the other day concerning the percentage that was actual paper currency and the electronic amount. It was something like 3 percent actual. Most have direct deposits for their salary and use credit cards for all purchases. And they pay their bills online. I believe it will be nice in the first stage of falter, to have a good sum of actual fiat.

Question is when will the next bad news come out? Something will take us over $50.00 shortly. I honestly wish it wouldn't happen, but unfortunately it will.