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twisty told you on Oct. 5 to buy silver
#252306 - 04/20/11 03:49 PM
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Price per ounce Oct. 5 $19.75
Price per ounce today $44.75
Enjoy your temp bans.
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italie |
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MAME owes italie many thank yous, hah
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Reged: 09/20/03
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I told you in 1998 to buy gas
[Re: Smitdogg]
#252308 - 04/20/11 03:54 PM
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Price per gallon Oct. 5, 1998 $1.44
Price per gallon today $4.28
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Re: I told you in 1998 to buy gas
[Re: italie]
#252310 - 04/20/11 04:01 PM
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I have plenty of that coming out of my ass already. Bring your car over and I'll fart in the tank. That should get you back to Hicag safely. You can't polish a turd and you can't temp ban a moderator. I'm farting right now.
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| italie |
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MAME owes italie many thank yous, hah
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Reged: 09/20/03
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Re: I told you in 1998 to buy gas
[Re: Smitdogg]
#252311 - 04/20/11 04:38 PM
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> I have plenty of that coming out of my ass already. Bring your car over and I'll fart
> in the tank. That should get you back to Hicag safely. You can't polish a turd and
> you can't temp ban a moderator. I'm farting right now.
My car doesn't run on cheap gas, call me when you can produce premium. Sorry.
I wouldn't want to temp ban you even if I could. You're our schimttay. Losing you would be like Twisty losing a roach clip. Or like Pi losing Jupitarianism. Or like Roc losing a fat bird. Or like Orc losing a toothbrush.
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| jopezu |
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bread-train
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Reged: 09/21/03
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Re: twisty told you on Oct. 5 to buy silver
[Re: Smitdogg]
#252315 - 04/20/11 05:28 PM
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> Price per ounce Oct. 5 $19.75
> Price per ounce today $44.75
>
> Enjoy your temp bans.
don't ban me.
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i learned everything i know from KC
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Re: twisty told you on Oct. 5 to buy silver
[Re: Smitdogg]
#252316 - 04/20/11 05:28 PM
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Jumped up another 50 cents since posting this
[Re: Smitdogg]
#252321 - 04/20/11 06:00 PM
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| italie |
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MAME owes italie many thank yous, hah
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I love bubbles >nt<
[Re: Smitdogg]
#252322 - 04/20/11 06:17 PM
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> Perm bans
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| Gor |
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Giver of truth.
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Reged: 09/21/03
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Posts: 1925
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Re: twisty told you on Oct. 5 to buy silver
[Re: twisty]
#252324 - 04/20/11 06:19 PM
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I really feel like an ass now for buying all that sugar. Well, at least I like sugar.
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Oh for Pete's sake.
loser.com
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[ATTACHED IMAGE]
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Re: I told you in 1998 to buy gas
[Re: italie]
#252356 - 04/20/11 09:39 PM
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> Price per gallon Oct. 5, 1998 $1.44
> Price per gallon today $4.28
Only $3.85 around here. The Chicago mob adding their surcharge again?
Kevin Eshbach
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| italie |
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MAME owes italie many thank yous, hah
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I prefer v2.0
[Re: Smitdogg]
#252370 - 04/21/11 12:02 AM
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Re: twisty told you on Oct. 5 to buy silver
[Re: twisty]
#252418 - 04/21/11 09:15 AM
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Re: twisty told you on Oct. 5 to buy silver
[Re: Smitdogg]
#252438 - 04/21/11 03:42 PM
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Smitdogg,
Its not the gold and silver prices continuing to go up, its the inverse. Its the US currency going down.
I was just watching ABC Lateline Business in Australia.
Experts out here are forecasting a bubble in the silver price and a collapse in world prices in that metal.
They are predicting that gold will continue to rise by 10-15% per year until the US gets foreign debt levels down.
The vodcast should be up tomorrow.
http://www.abc.net.au/lateline/business/vodcast.htm
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Re: twisty told you on Oct. 5 to buy silver
[Re: Tingoes]
#252439 - 04/21/11 03:49 PM
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It has more than doubled the value in the last year in any currency.
http://charts.kitco.com/KitcoCharts/index.jsp
It might bubble at some point but if they were experts they would be too rich to bother talking to a local news channel.
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Re: twisty told you on Oct. 5 to buy silver
[Re: Tingoes]
#252451 - 04/21/11 05:53 PM
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> Its not the gold and silver prices are going to continue to go up, its the
> inverse.
Actually, silver is going up in value relative to other commodities as well. It's both.
Whereas gold is more of a benchmark monetary metal.
> Experts out here are forecasting a bubble in the silver price
It might be a bubble some day, but we aren't anywhere close to that yet. Here's the thing to understand, when silver hit $50 in 1980, that was an actual bubble. In 2011 (devalued) dollars, it would have to hit $450+ to equal that. It isn't even at $50 yet. The ultimate top is a long ways off.
Another way to determine bubbles is by doing ratio pricing. For example, is the silver/oil ratio out of whack right now? No, not at all. In fact, the ratio has been higher many times in the past several years (ie. silver was slightly pricier relative to oil than it is now).
The current ratio is 0.405 - which is far below the 1.0+ of the 1980 bubble.
Yes it is no longer "cheap", but there is no bubble right now.
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GatKong |
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Tetris Mason
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Re: twisty told you on Oct. 5 to buy silver
[Re: Tingoes]
#252454 - 04/21/11 06:56 PM
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>Its not the and gold and silver prices are going to continue to go up, its the inverse. Its the US currency going down.
People keep posting that here. You're right, it's true... no argument there... but for those of us in the US, that's why we want them stable commodities and how they look compared to other currencies... we get paid in US dollars, so that relationship is all that matters. Sadly. Which is why smart US citizens are dumping their dollars for commidities that will hold their value as the dollar continues to decline.
Texas University just dumped ALL of the their assets... all of them... and bought 1 billion dollars worth of hard physical gold to store in a vault. 1 BILLION dollars worth... lump sum. The company I work for just yesterday had an urgent meeting with their banker about the pension fund... and the vote was to dump ALL US assets and stocks and buy millions of dollars of hard gold to store, to protect the value of the pension fund against the predicted collapse. If they are wrong, big deal, sell the gold and resume near where they left off. It may go down some, but gold collapsing is considered FAR less liekly that the US dollar, which is almost a certainty at this point. It's not about making value on the gold investment, its about NOT losing the value on hyperinflated devalued US currency.
Shit is predicted to come.
Gold, silver, argicultural land, pork, beef, lithium, anything that can't be devalued by simply duplicating it by pressing "print".
If you don't get your sound finanical advice from a video-game forum, where else can you get it?  One year ago it was posted here to start buying precious metals, and you would have at least doubled your money, if not tripled it, had you bought in then... but it's still not too late. The US money press is still stuck on "print", so the value of these commidities will continue to go up in the near term (true, compareed to the dollar).
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Re: twisty told you on Oct. 5 to buy silver
[Re: Smitdogg]
#252469 - 04/21/11 09:38 PM
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> It might bubble at some point but if they were experts they would be too rich to
> bother talking to a local news channel.
Totally agree. None of the experts work for the mainstream media, because they won't go along with the fictious message of the economic recovery is just around the corner.
Kevin Eshbach
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Re: twisty told you on Oct. 5 to buy silver
[Re: GatKong]
#252470 - 04/21/11 09:45 PM
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> One year ago it was posted here to start buying precious metals, and you
> would have at least doubled your money, if not tripled it, had you bought in then...
More like 6 months. A tad over 6 months. And now everybody is temp banned for not listening.
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Re: twisty told you on Oct. 5 to buy silver
[Re: Smitdogg]
#252472 - 04/21/11 09:59 PM
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> > One year ago it was posted here to start buying precious metals, and you
> > would have at least doubled your money, if not tripled it, had you bought in
> then...
>
> More like 6 months. A tad over 6 months. And now everybody is temp banned for not
> listening.
We first started discussing it in Jan 2010...
http://www.mameworld.info/ubbthreads/sho...part=1&vc=1
I know, time flies.
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Re: twisty told you on Oct. 5 to buy silver
[Re: twisty]
#252473 - 04/21/11 10:07 PM
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The silver warning began exactly on Oct. 5 as stated. The temp bans began exactly on April 20 as stated.
*perm bans now pending*
*if you can afford gold I'll skip the ban and just kill you*
*silver only*
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Index 
Threaded 
twisty told you on Oct. 5 to buy silver
Reply
[Re: 
One year ago it was posted here to start buying precious metals, and you would have at least doubled your money, if not tripled it, had you bought in then... but it's still not too late. The US money press is still stuck on "print", so the value of these commidities will continue to go up in the near term (true, compareed to the dollar).
