Seeking Alpha

HAPPIESTHIHOSILVER

HAPPIESTHIHOSILVER
Send Message
View as an RSS Feed
View HAPPIESTHIHOSILVER's Comments BY TICKER:
Latest  |  Highest rated
  • The Gold Market Is Going Insane [View article]
    I cannot blame you for riding the same horse or continuing to play the same song over and over again. where the market is going is like breeding an elephant to a rhino = elephino. i watch many reports and indicators, and read some articles. Look we are either at a price attractive for investor buy and hold strategy, but mostly it seems its a trading affair. or we are about to enter a llquidation phase but i dont know who the sellers might be other than specs. i am hoping a trend develops that miners hold back a portion of production as mcewen used to do @ goldcorp. and one never knows how much tonnage over what is reported is going into china. i do know some heavy hitters are buying gold and especially silver worldwide. i may be wrong but i would not short gold at this point. either sidelines or buy dips. and silver just buy and hold. i know i look forward to the post by avi that reads bottom confirmed , definite buy silgnal with 1520 and 27 silver as targets. as a physical accumulator one cannot buy sell and buy. the dealers take to much of the spread making it impossible. i personally put on the long platinum short gold trade near 10 premium plat to gold/ and initiating a long silver short gold trade today. to me near term bottom may be tested but supported. silver chart looks like death though and probably time to buy. OH I FORGOT - all bets off if dollar rallies and takes out recent highs. just remember, metals are not in a bull market until they are rising versus ALL currencies.
    Oct 19, 2014. 06:55 PM | 3 Likes Like |Link to Comment
  • Can Your Gold Be Confiscated? [View article]
    oomg. ext tech - hilarious. control=communism
    Oct 7, 2014. 07:55 AM | 1 Like Like |Link to Comment
  • Gold Is Against The Ropes [View article]
    Havent you heard of the DECEMBER surprise in the works with china? gold 1408 by 2015 new years day. forgot to mention the gsr likely to be under 60 by jan 1 also.
    Oct 6, 2014. 08:32 PM | Likes Like |Link to Comment
  • Can Your Gold Be Confiscated? [View article]
    FIRST - roflol. really? the amount of $$ generated by confiscation in like a few grains of sand relative to national debt or whatever u wish to compare. The amount of gold held by US citizens is just miniscule, silver even more so. i didnt even read, but i did catch the line about history destined to repeat it. so lets see THE SOUTH shall rise again, a return to slavery, blah blah. i would say the US govt may declare bonds worthless or push maturity to 30 yrs from date announced with a miniscule interest rate tied to fed funds rate, similar to tips.
    Oct 6, 2014. 08:27 PM | Likes Like |Link to Comment
  • Silver Loses Its Shine [View article]
    I happen to recall when silver was 45+ many many were calling for new highs to be reached, etc etc. and recently that 14 level keeps appearing in news articles. perhaps it will attain it, i dont know. but i doubt it. RSI is pathetic at like 10. the large specs are ruling the price movement, and i have to wonder who is going to cover first. if i had to initiate a position to day it would be to trade the ratio of 69+. regardless i think 14 is not attainable and a rally to 21+ most likely. Should that occur, reevaluate and take what the market gives you , or if deemed warranted hold and plaace a sell stop order. it is obvious with each passing downward price movement there is less and less risk in buying and increased risk in naked selling
    Sep 24, 2014. 07:57 AM | Likes Like |Link to Comment
  • GLD: Lower Lows Will Be Seen Whether You Like It Or Not [View article]
    if targets get struck, i have to ask, why r u working for someone? you should be a multi billionaire, own an island some where, instead of posting articles such as this. regardless, there are other factors in the market. did u see 60 minutes? an author from insignia consultants wrote several weeks ago of ISIS strength and growth. after obama does what he has and will do, i would bet he is a target. our country does not need to lose a president, and i dont know why we keep intervening in others business. ISIS will strike in the united states, who knows when, but when it happens i dont want to be short anything metals. just a terrible cruel world in which there will be wars and rumors of wars.
    Sep 22, 2014. 10:18 AM | 1 Like Like |Link to Comment
  • GLD: Lower Lows Will Be Seen Whether You Like It Or Not [View article]
    mmm
    Sep 22, 2014. 10:08 AM | Likes Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    Avi would you please just quit in your characterization of investors who buy or are long silver. to me it is pathetic insult on your behalf like a damn kid saying ha ha i told you so. and please excuse me if i am incorrect but the low in silver was 18.12. its a moot point really since if the sellers want to press it thru the level to seek out stops it will be done. buyers such as myself are in a cash position already waiting patiently. but your adjectives used to describe pro silver investors to me is childish. Please name names rather than assumptive generalizations. at current price the reward if it reaches your projection is 4.00. and what is the risk of naked selling here to achieve and pocket that reward. is it a mere 2 - 3.00 higher? or could it be more, such as return to the 27.00 - 32.00? not a good risk reward investment to initiate short position, but investors with confidence your are correct please feel free to do so. i do not believe the price will go sideways if it does reach your projection. thus, i will buy and then add on buy stops. you could not get me to naked short silver at 18 if u put a gun to my head. not when an ounce of silver wont buy a chunk of prime rib, silver at 14.00 makes my mouth water more, and especially the price of USLV should that price of 14.00 be attained. come on down.
    Sep 14, 2014. 04:28 PM | 2 Likes Like |Link to Comment
  • Will Silver Bounce Back? [View article]
    i agree. 2 me a silly comparisoon. what i really would like to know is, do the market manipulators pay people to bash silver and gold prices? Longs and some who might want to go long, to me, are gunshy right now, some likely wary of another meltdown as silver approaches a triple bottom. there is nothing to save silver other than investment demand. personally, i would not want to be short silver in any manner with billionaires lurking to buy. every short position need be aware the most they can make is if silver goes to zero. the most they can lose, well that depends on how lucky they are. if one billionaire decides to take a position long physical silver of 100 million ounces or more, just where do you think silver price could be upon announcement? $25? 30? $40 or higher? there is no limit on the upside, there is on the down. with a gun at my head i would never short silver at this price point.
    Sep 7, 2014. 10:33 AM | 4 Likes Like |Link to Comment
  • GLD: Market Teetering On A Breakdown [View article]
    Lord have mercy. "The last I have heard, the Russian/Ukrainian crisis was supposed to cause metals to skyrocket" -- the last you heard, omg, glad i wasnt sipping when i read that i would have spewed. How ridiculous. The intelligent dont play the spurt on the news event, unless it might be 911 type. even then i waited till november to purchase 300 canadian maple leafs. Did the metals zoom higher when George sr first went into Iraq? no. As far the GTC report, you give it more credence by even mentioning than it deserves. what ONE author says does not speak for the entire investment community. The true gold investor is not a player, but a long term holder that likely wont sell for years. I dont know your faith beliefs but i believe in God's word as written in James 4: 13-15. If anyone cares to read. Let me ask one question. If several billionaires, central banks, etc wanted to add to gold holdings, when would we know it? They would not advertise their intentions, but once acted upon the news of unexpected purchases may well influence an upward bias. And if announced tomorrow, what you expect may never occur. Personally if i had to put on a position, it would be long silver short gold on the ratio and plan to hold for some time. Perhaps the metals are going to get dunked, i dont know but as the author says, there isnt much conviction on the downward bias. There is no way i would short the metals at these levels. Instead i might suggest to those interested to make timely purchases on a preset plan at different price levels, both up and down in price. We do not know what tomorrow will bring, This i do know, Carlos Slim can come into the silver market and vault it higher so fast all shorts will wonder what happened. He sold at 48, has had an affinity for silver in the past, and could well do so at any time, but that is speculation and conjecture. The trend is your friend, dont forget. And trend changes occur when they occur without advance notice.
    Aug 27, 2014. 11:45 PM | 1 Like Like |Link to Comment
  • GLD: Bigger Moves Are Coming [View article]
    oh my goodness. last week was an easy trade to follow and analyze . quite simply unsure traders or smart traders were offsetting gold purchases by selling silver on a 3 to 4 ratio. very simple in analyzing daily oprn interest changes. today, 8/11, it appears some have taken their profits. summer doldrum trading, and a lot will depend on silver offtake in the far east, india and china. an increase in demand is expected there soon. too much uncertainty to short these markets. be long or out.
    Aug 11, 2014. 04:02 PM | 2 Likes Like |Link to Comment
  • Silver Wheaton: Odds In The Bulls' Favor [View article]
    SLW is volume directive. silver down friday, slw up on 70% average volume. they were buying on the ask. if silver is lower monday at slw open there could be a vacuum created. check the slw/slv spread ratio. it is quite high and if lower silver price is found near term that ratio will drop. 23.50 or lower is my buy zone. if i miss it i miss it. my alternative to slw is USLV. now at 50+ , i own at 44. look at its chart if if u want to see leverage to a silver bull market. do your own due diligence. see u at 23.50 i hope.
    Jul 20, 2014. 12:24 PM | 5 Likes Like |Link to Comment
  • What Will It Take For Me To Believe Metals Have Bottomed? [View article]
    my REtitle = what will it take to make me believe metals short term top is in. honest, i sold almost everything, now 90%+ cash and am welcoming this break at 2 am cdt, silver down 32c and gold down 18.00 and hope more to come. i want to get repositioned back in uslv and slw, paas. after reading asian metals market update about ISIL there is no way i want to be out long term on precious metals. i dont believe new lows are in the cards, short term or any term. i think we are the precipice of a major major run higher in precious metals due to the reasons just read in the update mentioned. right now volatility will rule. good analysis though avi.
    Jul 14, 2014. 03:27 AM | 1 Like Like |Link to Comment
  • Gold Is For Fools And 'The Oracle Of Omaha' Warren Buffett Agrees [View article]
    highly doubt when buffett dies gold reacts in any way. jmho - why would it - he is nothing to gold, and his opinions do not matter to those who want gold, such as almost all central banks across the world
    Jun 30, 2014. 10:20 AM | 1 Like Like |Link to Comment
  • Gold Is For Fools And 'The Oracle Of Omaha' Warren Buffett Agrees [View article]
    Warren Buffett is an " old relic " worth about what any other body is worth if sold. think it is less than 20 bucks. regardless, i can sell gold 24/7 or buy it. if i had a share of his company it is worthless to me on the weekend, and to most investors after 4 pm edt until the next morning at 930 edt. there is something to be said about liquidity. and even if i do sell, i dont that the certificate to hand to someone. if held by a brokerage company, and i sell through them, then i have to wait till settlement to get my money, 5 days if sold on a friday. im not going to bash mr buffetts company as he does gold, but he is an ancient relic with no grasp of the current situation. give him a sleep aid so he can rest. lol
    Jun 30, 2014. 08:17 AM | 4 Likes Like |Link to Comment
COMMENTS STATS
90 Comments
204 Likes