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thelittletaxguy

thelittletaxguy
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  • Silver Appears To Be Topping [View article]
    I agree with you 100%. Is there anyone that does not believe that manipulation, price fixing, and various conspiracies among the big banks, does not exist. Given that 50% of shorts on July Comex silver contracts have been covered, what credence can be placed on graphs, fundamentals, and analysis of any kind? You can predict, you can use probabilities, but you cannot fight manipulation. the "silver world" is small enough that the big boys control prices. The London silver fix is over in August, only to be replaced by some other method the manipulators deem in their best interest, not ours, the little guy. I have a sizable inventory of physical silver, which i intended to leave for my children, but have now decided to leave for my grandchildren, hoping that by then, silver will find it's fair pricing.
    Jun 29 05:45 PM | Likes Like |Link to Comment
  • Professional Silver Stealth Buying Underway In Futures And ETFs [View article]
    I think it's still Jamie's game, like it or not.
    May 17 10:04 AM | 1 Like Like |Link to Comment
  • Gold And Silver: Are Shorts About To Panic? [View article]
    Fundamental analysis has a place in our investment methodology and is one of many tools available at our disposal. But, there are times it, vs fundamental reasoning , has to take second place,when extreme forces come into play, notwithstanding your quote of Ben. In this case ,we cannot ignore that once a game changer comes into play,and an extreme force ( for example 1929) causes a massive reversal, we cannot bury our heads in the sand.We are now in an extreme situation wherein the accumulated deficit has gone recklessly from 1 to 17 trillion with no end in sight. I maintain my subjective analyses that says protect yourself and prepare for the protracted and parabolic rise in say the silver price. What's my point, one has to be in the game, before the game begins, or miss the boat, and I don't see that in the charts.
    I believe Ben is wrong today.
    Feb 16 01:34 PM | 1 Like Like |Link to Comment
  • Krinsky: Time for a turnaround in basic materials [View news story]
    Maybe this should be a written article, as opposed to a comment to the writer, but allow me to proceed.
    I receive and read a multitude of newsletters touting that silver should see $100/oz, $150, $250 and set to soar,soon, sooner,etc. Whether it be shares in general, or as in this case, in senior miners, junior miners, baskets, etf's, or purchasing actual physical silver coins, bars and wafers, etc.,there are conflicting points of view on the subject , which I weigh , and on balance, make my decisions.
    Both amateurs as well as sophisticated "highly analytic" investors have commented on this subject. Probably upwards of 100 pieces have been written over the last 3-4 years citing manipulation, J.P. Morgan et al, and case after case being thrown out of court for various reasons. I won't say I have been "suckered-in", because I felt that each and every purchase was based on either fact or , technical analysis, or a point of view that I felt made sense and to which I agreed. Needless to say, as I accumulated 'the poor mans gold' in the form of physical silver, and then averaging down, and progressing to acquiring senior shares,, junior etf's etc.,
    It has reached a point where I now question ... why the writers of news letters or articles have not as yet " wiped the egg off their face" , or requested that someone else wipe it off for them.
    I would appreciate someone standing up and saying ,"you know, I've been wrong all along. We---you should have dumped your investment in these products yesterday, today or first thing tomorrow, and allow your money to work for you in other segments of the marketplace, wherein you might see a positive return and/or capital appreciation of your investment,
    Averaging down is a wonderful strategy, unless you 'down-it' into the basement and loose your investment entirely after you realize that $7,00/oz is no longer a bargain basement price but that you have an unproductive, negative return investment.
    My shoulders are hurting from carrying the physical silver kilo bars out of my local, North American renowned metals dealer, and I'm sad to say the only reason I'm not heading back there is because i would need a pallet and lift truck to carry the metal and barrels of tears that I have.
    The big boys made their money buying low and selling high, and I'm foolish enough to believe that this is not the time to liquidate and that I;m going down with the ship.
    Any "egg-wipers" still around ?
    Nov 15 03:43 PM | Likes Like |Link to Comment
  • Silver: Don't Get Too Bullish Just Yet [View article]
    There are no statistics, no numbers to crunch, maybe there is no correlation between gold/qe/short covering/sentiment,int... rates,oil,etc., with so many variables, people puling this thing apart in different directions that you throw your hands up in the air and say, “what's” the score
    I think the market was looking for a reason to spike up, seeing as there was none, they created one. and up we go....I am a severely burned, 3rd degree SILVER burns, and I keep on watching the gold to silver ratio move out of the 60's, into the 50's
    With so many non-financial variables, here is one more...let my people go (north) ‘IT IS AS IT IS’
    Aug 19 01:11 AM | 1 Like Like |Link to Comment
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