stateofmind wrote:This is why I don't like to advertise my age. Many associate age with maturity, and that is not the case. To clear things up, yes, I am 15 I am a sophomore. I lead a normal teenager life, and no one knows of my activities besides my close family.
To answer your question Preserving the Past, the stock is in my father's name.
I tried at first to not direct my posts at any one specific poster to prevent altercations and keep it a friendly debate, yet that attempt seemed to have failed.
Supply and demand were never taken out of the equation. Suppose that the supply and demand factor alone on asset price equals a hypothetical x, and all other factors on the asset price stood for x^+z(X to the +Z Power). The asset price of silver equals a hypothetical y.
The equation is not ruling out supply and demand. The equation is showing that other factors currently have more of an effect on the asset price.
If anyone is very familiar with put options, I would like to clarify that I was not hedging against my investment in HL. Both were put options. I did not want to come out and state the monetary value of my positions, so I stated that the capital originally invested in AGQ was 150% of that in HL puts. Neither was a hedge; both will increase in price as silver falls. As foolish as I am, I saw a 40% increase in my invested capital today in IRE, AIB, HL, AGQ. Buying options near expiration makes them cheaper and more volatile(which increases the risk, yet also the reward seen today.) Nevertheless, I was happy with such large gains and sold 1/2 of my position.
Many members here are very intelligent(two come to mind). I feel that it is inappropriate to chastise others in a friendly debate. And for what? Taking risk that some are not accustomed to, and when silver tanks try to discredit them, based on trivial things such as age. You do not magically grow more intelligent solely based on "your number of candles." This type of intelligence is formed through study. Whether or not I start my research earlier than the majority does not mean that I should be discredited when my predictions come to fruition. I never claimed to know any more than any member here on Realcent, and will not do so.
I will also not be responding to any more posts directly as I do not want friendly debate to turn into heated argument.
To be "Clear":
Prediction: Silver will fall even more in price. Five years silver will be up from where it is now. We may trade in a range for 2-3 years. We will not see Hunt's brothers silver levels for many years.
Position(in order of size): AGQ puts, HL puts(will most likely sell for a small loss), IRE LEAPS, AIB LEAPS, RIG, CSCO, JNJ, AMT.
Here is an updated chart of SLV:
Well stated. There are two infallible safe havens. One is physical, the other spiritual. Place your faith in both.aristobolus wrote:Very well thought out positions...except there are numerous geo-political exigencies that could mitigate against this scenario. North Korea is now testing us all as it has not before by shelling not just military but civilian targets. Iran is not backing down. WMD's are out there...it is just a matter of time before we, or someone else are attacked in a big way. I could go on and on. Our times do not fit well in historical perspective, parallels may be drawn; but we are in fast forward- or possibly even "FlashForward". Lord have mercy.
My trust is not in gold or silver; it lies elsewhere. But as a medium of exchange or value these PM's are time-tested and true.
All the best.
BamaJoe wrote:
Don't sweat the small stuff folks. Learn to take a longer perspective than 48 hours. I really don't care what the pm price does today, next week or next month. I do know that unless we have a radical change in DC it has no where to go but up in the long run.
BamaJoe wrote:Hey Beauanderos - you're making yourself out to be 103 years old, pulling around an O2 tank and one foot in the grave.
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