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Silver about to pass $40/oz!

jokerswild said:
here's an easy read, make sure you read the paragraph titled "Risks"

Quantitative easing - Wikipedia, the free encyclopedia
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we've ALREADY had quant. easing. do you even know what you are talking about?

the next step for the fed is to TIGHTEN. the easing is over.

I'm not argueing for or against silver as an investment.. but I am argueing the nonsense you are posting. and silver is not a cyclical, nor does it run inverse to the economy or the dollar as you want to believe.

you aren't investing in Caterrpillar or GE here. silver is a commodity.
 
jokerswild said:
Im not going to try to convince you, the proof is in the pudding, if you don't think the dollar is in trouble you are not living in reality, doomsday, I'm not going that far but there will be a faltering/collapse of the dollar and there will be a push for a worldwide currency. .
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the US dollar index is flat over the past 5 years.

I already posted a chart on another thread showing that the US dollar does better when the stock market goes down. and it does poorly when the stock market goes up. but overall it stays very stable.

the stock market, commodities meanwhile are extremely volatile.. capable of moving 20-30% in a months time. you could argue the US dollar is one of the safest and stable investments out there, although obviously you wont make or lose more then a few percent.

silver is capable of being up big or down big.. in Jan it dropped almost 20% in ONE MONTH! and then its gone up 30% since then. so its a very volatile investment anyway you slice it.

in fact here is a chart of the dow vs. the dollar index. dollar index has stayed almost flat. the dow has fluctuated wildly. http://finance.yahoo.com/q/bc?t=5y&s=UUP&l=on&z=l&q=l&c=&c=^DJI
 
stevesmi said:
we've ALREADY had quant. easing. do you even know what you are talking about?

the next step for the fed is to TIGHTEN. the easing is over.

I'm not argueing for or against silver as an investment.. but I am argueing the nonsense you are posting. and silver is not a cyclical, nor does it run inverse to the economy or the dollar as you want to believe.

you aren't investing in Caterrpillar or GE here. silver is a commodity.
Click to expand...

No shit sherlock, everybody knows we have already had QE and there will be more, the fed is going to tighten? What world have you been living in, by the way silver was up about 3% today, more money for me.......
 
dude can i have some of your money? you are str8 pimpin!
 
stevesmi said:
the US dollar index is flat over the past 5 years.

I already posted a chart on another thread showing that the US dollar does better when the stock market goes down. and it does poorly when the stock market goes up. but overall it stays very stable.

the stock market, commodities meanwhile are extremely volatile.. capable of moving 20-30% in a months time. you could argue the US dollar is one of the safest and stable investments out there, although obviously you wont make or lose more then a few percent.

silver is capable of being up big or down big.. in Jan it dropped almost 20% in ONE MONTH! and then its gone up 30% since then. so its a very volatile investment anyway you slice it.

in fact here is a chart of the dow vs. the dollar index. dollar index has stayed almost flat. the dow has fluctuated wildly. UUP Basic Chart | PowerShares DB USD Index Bullis Stock - Yahoo! Finance
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Look at your own chart you posted, the dollar is at its lowest point NOW, can't you see the trend? Dont you understand the fed has cut intrest rates as low as they can go and there will be more QE, the dollar is done, come back in six months and post your chart genius, even further down, thats were the dollar will be...
 
jokerswild said:
Look at your own chart you posted, the dollar is at its lowest point NOW, can't you see the trend? Dont you understand the fed has cut intrest rates as low as they can go and there will be more QE, the dollar is done, come back in six months and post your chart genius, even further down, thats were the dollar will be...
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owned
 
Lumberg said:
Yeah there is at least one ETF that holds all of it's actual value in physical silver.

Of course the fees are much higher on that one because there is a lot more overhead involved in holding all that silver, and it's much smaller than the main silver ETF.

I'm kind of new to this precious metals thing. I may have missed out on a lot of profits by getting in so late. In what kind of real-world event would it make an actual difference if your ETF were backed 100% by physical stores of silver?
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You can actually see and touch your investment rather than have it be on paper. YOU always have it, the government cannot take it from you. It is a precious metal, just like gold. Actually its the same exact thing as gold except its not as rare. And it has industrial uses. When you have it, you are paying no overhead fees or storage fees. You can sell it whenever you want. The demand for silver is never going to go away.

People on this site say "why would anyone want silver, what we want is food and gas". OK, thats the same exact thing as saying"why would we want $5,000, we need food and gas." They dont understand that silver IS money. Just like the US dollar except it cannot be printed and lose its value unlike the dollar. You can trade the silver for ANYTHING, just like the us dollar is traded for anything.

The U.S. dollar is weak, the whole point people invest into the silver ETF is to get real silver back because then they KNOW they will have something of value. The dollar is getting weaker, meaning it is worth less and less everyday. Silver will always have the same value because there is only so much of it, it goes by weight, and it is easily tradeable. It is recognized as money by anybody. China is now buying up silver like CRAZY because they know the US dollar is weak. Take a look at the properties of money.

A silver quarter is going to rise in value. Right now it is worth around $7. Eventually it will be worth around $15-$20. So why wouldnt you buy them now?
 
the.gladiator1987 said:
You can actually see and touch your investment rather than have it be on paper. YOU always have it, the government cannot take it from you.
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Wait so if I buy a silver ETF that holds physical stores, they deliver the underlying silver to me and let me hold it in my house? How is that different from just buying some ingots or whatever?

Or are you saying I can like, travel to New York and they will let me into the vault and be like, "OK those 15 ingots and 31% of this one belong to you?"

I don't get it. If I live far away from the vault where the silver is kept it will cost me more to get in physical proximity to it than I'm earning on the investment!
 
the.gladiator1987 said:
You can actually see and touch your investment rather than have it be on paper. YOU always have it, the government cannot take it from you. It is a precious metal, just like gold. Actually its the same exact thing as gold except its not as rare. And it has industrial uses. When you have it, you are paying no overhead fees or storage fees. You can sell it whenever you want. The demand for silver is never going to go away.

People on this site say "why would anyone want silver, what we want is food and gas". OK, thats the same exact thing as saying"why would we want $5,000, we need food and gas." They dont understand that silver IS money. Just like the US dollar except it cannot be printed and lose its value unlike the dollar. You can trade the silver for ANYTHING, just like the us dollar is traded for anything.

The U.S. dollar is weak, the whole point people invest into the silver ETF is to get real silver back because then they KNOW they will have something of value. The dollar is getting weaker, meaning it is worth less and less everyday. Silver will always have the same value because there is only so much of it, it goes by weight, and it is easily tradeable. It is recognized as money by anybody. China is now buying up silver like CRAZY because they know the US dollar is weak. Take a look at the properties of money.

A silver quarter is going to rise in value. Right now it is worth around $7. Eventually it will be worth around $15-$20. So why wouldnt you buy them now?
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lol
 
jokerswild said:
No shit sherlock, everybody knows we have already had QE and there will be more, the fed is going to tighten? What world have you been living in, by the way silver was up about 3% today, more money for me.......
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The real one.

I wonder if you even bother to read the Fed minutes?
 
jokerswild said:
Oh yea, I trust the Fed:rolleyes:..............
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Well, seeing as how they are the ones instituting the QE and have control over interest rates, you should probably listen to what they say they are planning on doing. I would be surprised if you even knew the Fed released minutes letting investors know what to expect.

Wanna know what the last minutes said? No additional QE, and and tightening very possible prior to Q4 due to inflationary concerns.

Be sure to drop me a line in 6 months after silver goes through a 40% correction. The rest of us who know what we're doing (ie those of us who know that the price of gold and silver these days has very little to do with supply and demand) will be over here making money via smart decisions. You're always welcome to join us. :)
 
I cant really add anymore that hasnt already been said but i know that silver, as a commodity, is subject to volatility and unpredictable swings in price that doesnt lend itself to traditional investment strategies.
 
If youre dumb enough to buy silver now (ie after a 120% increase in 18 months) youd only want to allocate maybe 5% of your portfolio.

Then again, were talking to Glad...the guy who wanted to get in to flipping houses at the beginning of '08.
 
75th said:
Well, seeing as how they are the ones instituting the QE and have control over interest rates, you should probably listen to what they say they are planning on doing. I would be surprised if you even knew the Fed released minutes letting investors know what to expect.

Wanna know what the last minutes said? No additional QE, and and tightening very possible prior to Q4 due to inflationary concerns.

Be sure to drop me a line in 6 months after silver goes through a 40% correction. The rest of us who know what we're doing (ie those of us who know that the price of gold and silver these days has very little to do with supply and demand) will be over here making money via smart decisions. You're always welcome to join us. :)
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No thats not what they said, they acually couldn't agree on QE3 or raising interest rates, they dont know what the hell they are going to do....
 
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Tell you what 75th, I'll lay it out there, I'm calling $50 this year, thats a 25% profit from where it is now, its already up 30% this year, if silver doesn't hit $50 this year I will never post on elitefitness.com ever again. If it does hit $50 you can leave, what do you say????
 
Like I said, I bet you dont even bother reading them.

And lol @ your ultimatum. I never said silver wouldnt hit $50 or some other arbitrary benchmark. I said it was a shitty investment and people like you, glad, and everyone else who gets their financial knowledge from youtube videos and doom & gloom blogs who are buying it in anticipation of 1970's style hyperinflation or the collapse of the dollar are retarded.

Pretty much every respected commodity trading or consulting group has said that silver above $37-38 is expensive. You guys keep talking about "supply and demand" as if the fundamentals pointed anywhere close to that direction, yet you don't bother on understanding the implication of net long positions that hedge funds have been taking over the past few months. You're officially no different than the suckers who bought oil @ $125.

But, like I said, by all means keep going.
 
75th said:
Like I said, I bet you dont even bother reading them.

And lol @ your ultimatum. I never said silver wouldnt hit $50 or some other arbitrary benchmark. I said it was a shitty investment and people like you, glad, and everyone else who gets their financial knowledge from youtube videos and doom & gloom blogs who are buying it in anticipation of 1970's style hyperinflation or the collapse of the dollar are retarded.

Pretty much every respected commodity trading or consulting group has said that silver above $37-38 is expensive. You guys keep talking about "supply and demand" as if the fundamentals pointed anywhere close to that direction, yet you don't bother on understanding the implication of net long positions that hedge funds have been taking over the past few months. You're officially no different than the suckers who bought oil @ $125.

But, like I said, by all means keep going.
Click to expand...

Just as I thought you wouldn't take the bet. Surely with all your investment insight and research you could say without a doubt that silver wouldn't go up 25% in less than nine months after all the shit you have talked?? Maybe you can put a call in to your friend Ben Bernanke, im sure he can you lend some advice......
 
75th said:
You guys keep talking about "supply and demand" as if the fundamentals pointed anywhere close to that direction, yet you don't bother on understanding the implication of net long positions that hedge funds have been taking over the past few months.
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one word-backwardation
 
jokerswild said:
Just as I thought you wouldn't take the bet. Surely with all your investment insight and research you could say without a doubt that silver wouldn't go up 25% in less than nine months after all the shit you have talked?? Maybe you can put a call in to your friend Ben Bernanke, im sure he can you lend some advice......
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lol @ saying "investment insight" and "without a doubt" in the same sentence.
 
jokerswild said:
$40 and climbing, Glad it has been a while since we have seen any sort of correction, I think we are due for one soon, not a bubble but a correction, there is stong support around $35, we may trading in that range soon, then the next stop, $50.....
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Very true. The near-term Fibonacci retrace to tertiary support will confirm a buy signal if the 14-period RSI achieves a local maxima but a negative reversal from the fourth Elliott wave might complete the head and sholders formation unless heavy breakout volume forces a gap-down throwback signaling a busted pattern where the MACD divergence from the confluence zone between Gann expansion targets.

After crunching the numbers, I'm happy to report that my completely objective analysis of [something I already own] conclusively shows [exactly what I wanted it to show from the beginning].



:cow:
 
samoth said:
Very true. The near-term Fibonacci retrace to tertiary support will confirm a buy signal if the 14-period RSI achieves a local maxima but a negative reversal from the fourth Elliott wave might complete the head and sholders formation unless heavy breakout volume forces a gap-down throwback signaling a busted pattern where the MACD divergence from the confluence zone between Gann expansion targets.

After crunching the numbers, I'm happy to report that my completely objective analysis of [something I already own] conclusively shows [exactly what I wanted it to show from the beginning].



:cow:
Click to expand...

.......

lol
 
huh huh huh dats funny moo moo, fyi silver blew through $40 and $41 and is moving towards $42 as we speak, how's the dollar doing?????
 
Silver is on the rise so much that Disney had to go back and rewrite Ducktales.
Scrooge mcduck is no longer swimming in gold, he's diving in silver.
 
Im gonna have to raid my gramps rare coin collection and melt those bitches down.
 
lartinos said:
No, I won't. Probably where you were backtracking about the correction. This is a shit way to make money. I have money to invest and I'm not even putting 5% of my money into it.
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yep its a shit way to make money for sure, I hate my 120% profit in less than a year:D, silver and oil are going way down for sure because the fed and Obama are going to fix everything real soon, our econmony will be booming in no time:o keep drinking that kool-aid..........
 
jokerswild said:
yep its a shit way to make money for sure, I hate my 120% profit in less than a year:D, silver and oil are going way down for sure because the fed and Obama are going to fix everything real soon, our econmony will be booming in no time:o keep drinking that kool-aid..........
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Damn straight! Just like real estate, 2007 was the time to buy you idiots! Pay no attention to the dramatic (and surprising) bull market, just like oil in 2008, be sure to have a lack of understanding of the role hedge funds and institutions play in the grand scheme of things.

If it's already gone up 120% in a year, it's virtually guaranteed to go up 120% more!!!!!
 
jokerswild said:
yep its a shit way to make money for sure, I hate my 120% profit in less than a year:D, silver and oil are going way down for sure because the fed and Obama are going to fix everything real soon, our econmony will be booming in no time:o keep drinking that kool-aid..........
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You think you are so smart, lol.
By twisting around what I say doesn't make you brilliant.
I was talking about right now. People would be fucking retarded to take business advice from you.
 
75th said:
Damn straight! Just like real estate, 2007 was the time to buy you idiots! Pay no attention to the dramatic (and surprising) bull market, just like oil in 2008, be sure to have a lack of understanding of the role hedge funds and institutions play in the grand scheme of things.

If it's already gone up 120% in a year, it's virtually guaranteed to go up 120% more!!!!!
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You have never EVER heard me pump real estate, that bubble could be seen from miles away. Oil in 08? How about EVERYTHING in 08 you idiot..........
 
lartinos said:
You think you are so smart, lol.
By twisting around what I say doesn't make you brilliant.
I was talking about right now. People would be fucking retarded to take business advice from you.
Click to expand...

Lets hear some of your advice "Lartardo"....i'm waiting....
 
jokerswild said:
You have never EVER heard me pump real estate, that bubble could be seen from miles away. Oil in 08? How about EVERYTHING in 08 you idiot..........
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Oh irony.....
 
Wow, this guy is retarded. why did you come back again? no one even knew who you were the first time.

now we just know you as the spec investing silver retard
 
lartinos said:
I wouldn't sell my company for a million dollars if someone offered it to me! I am 100% owner... I already stated my opinion.
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Thats all you got, "I wouldn't sell my company for a million dollars" :FRlol: Then you got 75th and dickless wonder with their one liners, wow, you guys really have the "insider" info, im going right now to sell all my silver........not....
 
calveless wonder said:
Wow, this guy is retarded. why did you come back again? no one even knew who you were the first time.

now we just know you as the spec investing silver retard
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Ya, and agreeing with Glad is not helping the kid at all.
He is 21 years old and does not have a full time job with benefits and has a kid. He barely has money for diapers... not fucking silver of all things. This is just terrible on many levels.
 
jokerswild said:
Thats all you got, "I wouldn't sell my company for a million dollars" :FRlol: Then you got 75th and dickless wonder with their one liners, wow, you guys really have the "insider" info, im going right now to sell all my silver........not....
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Yes, sorry for not being a billionaire like you!!!!
 
75th said:
uber-lmao @ two things:

1) You going back and searching for my threads.

2) Doing #1 and still not understanding the basic definition of a recession, which was what my thread was all about.
Click to expand...

I remembered your thread,wasn't hard to find, so your still in denial........
 
jokerswild said:
I remembered your thread,wasn't hard to find, so your still in denial........
Click to expand...

loololololollooollloollolo

Definition of recession = two quarters of economic retraction.

Since I know you're not that bright, I found this for you:

Recession

Definition
A period of general economic decline; typically defined as a decline in GDP for two or more consecutive quarters.

Read more: What is recession? definition and meaning
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Now let's see....

Q4 of 2007: +2.9%

Q1 of 2008: .9%

Q2 of 2008 (ie when my thread was created): +1.9%

So not only at the time were there two quarters of economic growth, there were three. lol

Q3 of 2008 (ie 6 months AFTER my thread was created: -2.7%

Again, some folks in here need to complete a basic Econ course.
 
75th said:
loololololollooollloollolo

Definition of recession = two quarters of economic retraction.

Since I know you're not that bright, I found this for you:



Now let's see....

Q4 of 2007: +2.9%

Q1 of 2008: .9%

Q2 of 2008 (ie when my thread was created): +1.9%

So not only at the time were there two quarters of economic growth, there were three. lol

Q3 of 2008 (ie 6 months AFTER my thread was created: -2.7%

Again, some folks in here need to complete a basic Econ course.
Click to expand...

I love post #10 in that thread, shows just what side you are on, you are a finacial idiot, Obama would hire you in a second!
 
Wow. You're worse than I thought.

By the way, studies show that stimulus I mentioned in post #10 (that you love) increased consumer spending* by 3.5%. So, again, I was correct and you have proven yet again that you have no clue what you're talking about.


*As anybody who has gone through an Econ 101 course would know, consumer spending is roughly 2/3 of GDP.

University of Phoenix - Study at a campus or online

There you go. I entered your age as 25 and highest education completed as GED. Didnt know your zip code, but that should get you started. :)
 
75th said:
Wow. You're worse than I thought.

By the way, studies show that stimulus I mentioned in post #10 (that you love) increased consumer spending* by 3.5%. So, again, I was correct and you have proven yet again that you have no clue what you're talking about.


*As anybody who has gone through an Econ 101 course would know, consumer spending is roughly 2/3 of GDP.

University of Phoenix - Study at a campus or online

There you go. I entered your age as 25 and highest education completed as GED. Didnt know your zip code, but that should get you started. :)
Click to expand...

I have a BBA, say what you want about the stimulus plan, it didnt help, it looks like the only thing we can agree on is Ron Paul, although I can't fathom why a paper trading stimulus supporter would favor RP. He is big on gold and silver you know? I will say this to each his opinion but anyone who thinks the economy is in recovery has been dropped on their heads, this directly relates to my choice of investments which have already been covered........
 
Okie dokie.
 
75th said:
Okie dokie.
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I do have one quick question, if (and I agree it does) consumer spending makes up 2/3 of our GDP, what do you think the future holds with so many jobs going overseas,consumers drowning in debt, and borrowing more because of rising costs, I ask you where is our consumer spending headed?
 
HAHA let these dumbasses invest in federal reserve notes joker, they are dumb. Of course silver might go back down, maybe back down to even 25/oz, guess what? That means I get to buy more! and I get to trade my worthless dollar for something of real value (see definition of money). These fucktards know nothing.

lol @ the irony of a ron paul supporter not going for silver and gold! what a dumb fuckin piece of shit, i swear u guys make me laugh, im only 21 and so far ive figured out a lot of things.

1) I have a kid before all u old fucks and i have a family already. You dont realize what a great feeling that is, seeing your kid every day. Knowing thats your blood. hahahaha haters gonna hate. I love being a dad and I sure dont miss posting random ass stupid fuckin videos of myself and others at clubs every weekend (cough......lartinos......cough)

2) you guys are all sucked in to the train of thought that our government is for the people! EL oh FUCKIN el. guess what. printing more money means that the dollar goes down in value. You cant "make" new silver. keep on investing in dumb shit, i admit there are ways to make money in the stock market but damn that is way too much of a risk. Silver is the safest yet best investment you could make rightnow (long term)

3) lartinos thinks his life is perfect. lolololz

4) My ebay job i just got is cash under the table. $2.25/post. Doesnt matter if it sells or not, actually if it sells I get 5% commission. I did 60 posts today in 3 1/2 hrs. So I made $135 in 3 1/2 hrs. Thats $38.57/hr. hahaha fuckin twats

5) Im the best looking guy on this site. Even my 6 week old baby is better looking than all you old single fucks with 18 y/o gf's
 
I hope the best for you Glad.
I really do. You don't have to listen to me, I just have a right To my opinion.
I think this last post will now keep this thread going into infinite.
You could have made a thread out of it.
 
lol @ the idea of precious metals being any sort of "safe haven" if the economy collapses. 'Cause if the US goes down, the rest of the world will be in a big hurt too, and then who's gonna buy the stuff?
 
the.gladiator1987 said:
HAHA let these dumbasses invest in federal reserve notes joker, they are dumb. Of course silver might go back down, maybe back down to even 25/oz, guess what? That means I get to buy more! and I get to trade my worthless dollar for something of real value (see definition of money). These fucktards know nothing.

lol @ the irony of a ron paul supporter not going for silver and gold! what a dumb fuckin piece of shit, i swear u guys make me laugh, im only 21 and so far ive figured out a lot of things.

1) I have a kid before all u old fucks and i have a family already. You dont realize what a great feeling that is, seeing your kid every day. Knowing thats your blood. hahahaha haters gonna hate. I love being a dad and I sure dont miss posting random ass stupid fuckin videos of myself and others at clubs every weekend (cough......lartinos......cough)

2) you guys are all sucked in to the train of thought that our government is for the people! EL oh FUCKIN el. guess what. printing more money means that the dollar goes down in value. You cant "make" new silver. keep on investing in dumb shit, i admit there are ways to make money in the stock market but damn that is way too much of a risk. Silver is the safest yet best investment you could make rightnow (long term)

3) lartinos thinks his life is perfect. lolololz

4) My ebay job i just got is cash under the table. $2.25/post. Doesnt matter if it sells or not, actually if it sells I get 5% commission. I did 60 posts today in 3 1/2 hrs. So I made $135 in 3 1/2 hrs. Thats $38.57/hr. hahaha fuckin twats

5) Im the best looking guy on this site. Even my 6 week old baby is better looking than all you old single fucks with 18 y/o gf's
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Hey Glad don't fret, you are doing better than most 21 year olds, most are either still at home with mom and dad or getting drunk at some diploma mill which is exactly what todays colleges are (excluding ivy league schools). I spent 4 years in college, in the end it was more of a waste than not. I'm proud you are out there hustling and working trying to take care of your family. Most young people in todays world don't even want to work one job. A word of advice though, you can make all the money you want, spend it, blow it, lose it on bad trades etc., if you work hard you can get it back, but you will never get your time back. Spend as much time as you can with you family, in the end all we have are our memories....
 
jokerswild said:
Hey Glad don't fret, you are doing better than most 21 year olds, most are either still at home with mom and dad or getting drunk at some diploma mill which is exactly what todays colleges are (excluding ivy league schools). I spent 4 years in college, in the end it was more of a waste than not. I'm proud you are out there hustling and working trying to take care of your family. Most young people in todays world don't even want to work one job. A word of advice though, you can make all the money you want, spend it, blow it, lose it on bad trades etc., if you work hard you can get it back, but you will never get your time back. Spend as much time as you can with you family, in the end all we have are our memories....
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he is still at home with mom or dad

and you're a complete idiot if you think ivy league schools are the only schools worth attending. Stanford, Northwestern, NYU, MIT, U of chicago. Those schools rank a lot better than some of the lower end ivy league schools (brown, cornell).

you're like a huge ball of terrible, inaccurate advice


where did you go to school?
 
calveless wonder said:
he is still at home with mom or dad

and you're a complete idiot if you think ivy league schools are the only schools worth attending. Stanford, Northwestern, NYU, MIT, U of chicago. Those schools rank a lot better than some of the lower end ivy league schools (brown, cornell).

you're like a huge ball of terrible, inaccurate advice


where did you go to school?
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lol, I agree. Joker is a weird dood.
 
calveless wonder said:
he is still at home with mom or dad

and you're a complete idiot if you think ivy league schools are the only schools worth attending. Stanford, Northwestern, NYU, MIT, U of chicago. Those schools rank a lot better than some of the lower end ivy league schools (brown, cornell).

you're like a huge ball of terrible, inaccurate advice


where did you go to school?
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Devry right? I went to SFA, and yes there are some good schools out there but most of them are crap, more worried about getting tuition and funding than education, look at all the "internet" colleges we have now, what a joke....
 
jokerswild said:
Devry right? I went to SFA, and yes there are some good schools out there but most of them are crap, more worried about getting tuition and funding than education, look at all the "internet" colleges we have now, what a joke....
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Is anyone supposed to know what SFA is?

No wonder you felt like college was a waste of time.


and right, because a few crappy online colleges pop up that automatically diminishes the credibility of 150-200 year old + universities. give me a break
 
By the way i'm still waiting on some investment advice from you finacial wizards, all of you have bashed silver, lets here some it, stocks, commodities, bonds, lets hear your picks
 
Hey everybody look above, 3 one liners, still no "investment advice" and I bet money 2 out of 3 haven't ever seen a college classroom......
 
jokerswild said:
Crow, and its suppertime bitches!!
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That's doesn't sound very good. I would expect better from someone who went to such a prestigious university. How much money do you make between being a chef and selling silver through youtube videos?
 
lartinos said:
That's doesn't sound very good. I would expect better from someone who went to such a prestigious university. How much money do you make between being a chef and selling silver through youtube videos?
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i'll answer your question when you answer mine.......
 
jokerswild said:
i'll answer your question when you answer mine.......
Click to expand...

My advice is to buy Silver. Buy truckloads of it and hoard the hell out of it. One day you will be laughing when all the trees die and they can't print anymore money. Silver is the cornerstone of any good investment portfolio and any investment period. My motto is buy high and sell even higher. That is my key to success.
 
lartinos said:
My advice is to buy Silver. Buy truckloads of it and hoard the hell out of it. One day you will be laughing when all the trees die and they can't print anymore money. Silver is the cornerstone of any good investment portfolio and any investment period. My motto is buy high and sell even higher. That is my key to success.
Click to expand...

lartinos said:
That's doesn't sound very good. I would expect better from someone who went to such a prestigious university. How much money do you make between being a chef and selling silver through youtube videos?
Click to expand...

jigga gold said:
Dude you studied under stone cold steve austin??

thats bad ass
Click to expand...

dadiator said:
Anything that comes out of my mouth.
Click to expand...

2a4v0gz.png


I was planning on staying away from this thread as trying to talk to either joker or glad is like banging my head against a wall covered with ebola and razor wire, but it definitely brings teh lulz.
 
lol @ unaccredited college.

Why is it that the folks who never could/would make it through college (eg joker, Glad) are always the ones to talk about how worthless it is, yet coincidentally are the ones that go absolutely nowhere in life?

Oh, right. PTA cert. 21 months. $45k/yr. $2.25 per ebay post until then. olloollo
 
Lol I don't live at home. I live in my own house with my g/f and baby. And im makin 2.25 a post and I did 59 in 3 1/2 hrs yesterday, but I only get 1.50 per post for the first 2 weeks, so I made almost 90 cash. 135 cash when i get 2.25 a post. Thats 40/hr, tax free. Haha more than u bitches. Plus my other 2 jobs and im makin good money for a 21 y/o with no degree. Thx again for a 20 page classic!
 
So a registered business owner who doesn't deal in cash, thereby having all his transactions traceable, is paying someone $40 an hour to work for him without factoring that in on his balance sheet and operating expenses? Thereby overinflating his revenue and forcing him to pay significantly higher taxes ?

Anyone else waiting for this to blow up?
 
All cash jobs only work with mowing lawns, bartending/waiter
If someone "hires" you and only pays you cash theres usually some sketchy shit.
 
the.gladiator1987 said:
Lol I don't live at home. I live in my own house with my g/f and baby. And im makin 2.25 a post and I did 59 in 3 1/2 hrs yesterday, but I only get 1.50 per post for the first 2 weeks, so I made almost 90 cash. 135 cash when i get 2.25 a post. Thats 40/hr, tax free. Haha more than u bitches. Plus my other 2 jobs and im makin good money for a 21 y/o with no degree. Thx again for a 20 page classic!
Click to expand...

Not at all. :artist:

CW said:
Anyone else waiting for this to blow up?
Click to expand...

I'm sure it's already in motion.
 
inflation numbers just out

March PPI came in at +.7% m/m core PPI m/m was +.3%. where is the inflation? even during the real estate boom PPI only was at 4-5% and real estate values were surging 7-8K per month in the bubble areas of FL, CA, NV

but anyway its pointless argueing with people who are brainwashed by glenn beck and the media trying to fool people into being scared for ratings. and if you show them numbers they just say "oh those numbers are fabricated blah blah blah" so you cannot win debating them!

this joker guy keeps trying to make people think we have hyperinflation yet he doesn't even understand what hyperinflation means.
 
Actually fags its not sketchy at all. They are a legit business that gets most of their business from in-store electronic repairing. The ebay gig for them is just something on the side. They got a really really good deal on hundreds of thousands of different parts. Basically they could see each part for $1 and still make a fortune. So 2.25 per post is worth it to them as long as they just get the parts listed, since there are literally thousands and thousands of different parts.

its ok keep hatin 75th and CW, i dont have to spend my whole 20's chasing some stupid paper with a certificate on it saying good job you got a degree. lol I will make just as much as you, 100k/year, by the time im 25. Thats not even counting my silver thats gonna blow up in value!!
 
stevesmi said:
i dont see what a degree has to do with trading skill.

the top traders at my firm, none of us finished college. the college grads that walk in there from yale don't survive
Click to expand...

I think it was more so his attitude of "all you suckers went to your accredited universities yet are stoopider than me rolfmao" thing that rubbed us the wrong way.

In my experience, the funniest thing about most traders is that they are the absolute worst investors out there. I had a bunch as clients in my previous firm and, while smart doods, they had no idea what they were doing when it came to actually investing on their own.
 
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