CockyTalk

Welcome to Cockytalk!

Thank you for visiting our forum. As a guest, you have limited access to view some discussion and articles. By joining our free community, you will be able to view all discussions and articles, post your own topics, communicate privately with other members (PM), respond to polls, upload photos, participate in Pick'Em contests and access many other special features. Registration is fast, simple and absolutely free, so please join our community today!!

If you have any problems registering or logging in, please contact our Admins. Thanks!

Go Back   CockyTalk > Community > The Water Cooler > Stock Market Forum

Today's Top 10
Posters (by posts)Threads (by views)Newest Posts Gamecock Headlines 
b381l
Cockypantherfan
ACPhilson
PageUSC
The Yancey
taylorssc
KaneisAble
GamecockSuperFan
Roosterboy
zcockz
HBC Weekly Presser (1944)
Thompson Has Neck In (1450)
Mizzou's 30sec touch (983)
4th & 1 Play (846)
Clowney didnt get ma (753)
Zone Read Analysis w (742)
So What? (417)
Request (384)
Kentucky prediction (334)
Bad Week For Upstate (325)
State talent drying up
What fish do you eat
Thoughts on the basketbal
Women's BB "Big Mond
Dylan Thompson looks brok
Cleaned up version: SEC E
Just Booked my Hotel for
Kentucky prediction
KY Suspends 4 Players for
4th & 1 Play


Reply
 
Thread Tools Display Modes
Old 09-08-2014, 02:19 PM   #1
womfalcs3
Happiness is a choice
 
womfalcs3's Avatar
 
Male

Join Date: Dec 2006
Location: Saudi Arabia
Posts: 7,612
CockyCash: 1400
womfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot material
Default Silver

I know this is a stocks forum, but man is silver tanking. It's down 61% from its all-time high (in nominal dollars) in 2011. Gold, oil, and other commodities are down, too, but not like this. Futures are now trading at 18.935 USD/ounce.

Volatility in prices tends to cluster; periods of high changes are more likely to be followed by high changes and the opposite is true. When the time is right (soon?), it seems like silver may be a good investment.

EDIT: Sorry, I thought I had went into the stock markets forum.
womfalcs3 is online now   Reply With Quote
Old 09-08-2014, 02:26 PM   #2
johnnyb
ΜΟΛΩΝ ΛΑΒΕ
 
johnnyb's Avatar
 
Male

Join Date: Apr 2007
Location: He's Everywhere!
Posts: 21,521
CockyCash: 1705674460
johnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot material
Default Re: Silver

I buy a little here and there, if it ever drops back down sig then I will buy heavy, I am talking $10 range
__________________



To argue with a man who has renounced the use and authority of reason is like administering medicine to the dead.
johnnyb is offline   Reply With Quote
Old 09-08-2014, 02:35 PM   #3
womfalcs3
Happiness is a choice
 
womfalcs3's Avatar
 
Male

Join Date: Dec 2006
Location: Saudi Arabia
Posts: 7,612
CockyCash: 1400
womfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot material
Default Re: Silver

Yeah. If I invest in the next few weeks, it'll be light. The last time silver dropped to 10 bucks was after the global recession.
womfalcs3 is online now   Reply With Quote
Old 09-18-2014, 12:34 PM   #4
bigdog2003
Future Coaching Legend
 
bigdog2003's Avatar
 
Male

Join Date: Oct 2008
Location: Newberry, SC
Posts: 5,759
CockyCash: 999762
bigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot material
Default Re: Silver

I buy some every now and then, have a pretty good silver stack going.
__________________
I think it would be awesome if you could get Morgan Freeman's voice on a GPS. It would be like he's narrating your travels

bigdog2003 is offline   Reply With Quote
Old 09-19-2014, 11:58 AM   #5
TastyLicks
Walk On
 
TastyLicks's Avatar
 
Female

Join Date: Jan 2014
Location: Bojangles
Posts: 27
CockyCash: 991223
TastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his comb
Default Re: Silver

I like to stay away from commodities
TastyLicks is offline   Reply With Quote
Old 09-19-2014, 02:26 PM   #6
womfalcs3
Happiness is a choice
 
womfalcs3's Avatar
 
Male

Join Date: Dec 2006
Location: Saudi Arabia
Posts: 7,612
CockyCash: 1400
womfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot material
Default Re: Silver

Trading below 18 bucks an ounce now.

Quote:
Originally Posted by TastyLicks View Post
I like to stay away from commodities
Yeah. What are your reasons? High volatility?
womfalcs3 is online now   Reply With Quote
Old 09-19-2014, 02:32 PM   #7
usc90grad
Banned
 
usc90grad's Avatar
 
Male

Join Date: Aug 2005
Location: Waxhaw, NC
Posts: 32,199
CockyCash: 420000
usc90grad is USC mascot materialusc90grad is USC mascot materialusc90grad is USC mascot materialusc90grad is USC mascot materialusc90grad is USC mascot materialusc90grad is USC mascot materialusc90grad is USC mascot materialusc90grad is USC mascot materialusc90grad is USC mascot materialusc90grad is USC mascot materialusc90grad is USC mascot material
Send a message via AIM to usc90grad
Default Re: Silver

Where are you guys buying it?

I have a friend that buys it on ebay which seems odd to me.
usc90grad is offline   Reply With Quote
Old 09-19-2014, 03:21 PM   #8
TastyLicks
Walk On
 
TastyLicks's Avatar
 
Female

Join Date: Jan 2014
Location: Bojangles
Posts: 27
CockyCash: 991223
TastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his combTastyLicks is developing his comb
Default Re: Silver

Quote:
Originally Posted by womfalcs3 View Post
Yeah. What are your reasons? High volatility?
Yes it is very volatile - that scares me. As a smaller player with less experience I can't afford how leveraged the futures contracts can be.

Not to completely knock it as maybe you have the means and the expertise to manage a deal properly because some have great success but I personally think for smaller players like myself - commodities are a sucker's investment. It appeals to the less experienced because everyone knows what silver is for example vs. what the global market share of like Oracle Corp. But that doesn't mean it's better for the less experienced. They say something like 85% of traders lose money in commodities and most of all of them are smaller players with less experience.

If I had the means to not worry about risk or I was extremely versed in how commodities work I definitely think I would have different opinion. :)
TastyLicks is offline   Reply With Quote
Old 09-19-2014, 10:22 PM   #9
johnnyb
ΜΟΛΩΝ ΛΑΒΕ
 
johnnyb's Avatar
 
Male

Join Date: Apr 2007
Location: He's Everywhere!
Posts: 21,521
CockyCash: 1705674460
johnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot material
Default Re: Silver

as far as silver or other PMs they shouldnt be a large portion of your portfolio, PMs should be looked at as a store of wealth more than an investment to earn a profit. IE a pre65 quarter (90% silver) was enough to buy a gallon of gas or a gallon of milk, at the current silver value (17.76 per oz as of time of this post) the silver content of a pre 65 quarter is worth $3.22 which will buy the same. In 1998 (lowest I remember gas being since i began driving) that same quarter would have had a silver content value of around $0.995 (figuring a rough avg of $5.50 per oz for the year) seems like gas was bouncing between .80 and $1 a gallon most of that year.

or you can do like me and buy it because its shiny!
__________________



To argue with a man who has renounced the use and authority of reason is like administering medicine to the dead.
johnnyb is offline   Reply With Quote
Old 09-22-2014, 07:27 AM   #10
bigdog2003
Future Coaching Legend
 
bigdog2003's Avatar
 
Male

Join Date: Oct 2008
Location: Newberry, SC
Posts: 5,759
CockyCash: 999762
bigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot material
Default Re: Silver

Quote:
Originally Posted by usc90grad View Post
Where are you guys buying it?

I have a friend that buys it on ebay which seems odd to me.
I stay away from buying on ebay unless it is from a company. No way I'm buying from a everyday person on there, to many fake bars and rounds on there.
__________________
I think it would be awesome if you could get Morgan Freeman's voice on a GPS. It would be like he's narrating your travels

bigdog2003 is offline   Reply With Quote
Old 09-22-2014, 07:53 AM   #11
womfalcs3
Happiness is a choice
 
womfalcs3's Avatar
 
Male

Join Date: Dec 2006
Location: Saudi Arabia
Posts: 7,612
CockyCash: 1400
womfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot materialwomfalcs3 is USC mascot material
Default Re: Silver

Quote:
Originally Posted by usc90grad View Post
Where are you guys buying it?

I have a friend that buys it on ebay which seems odd to me.
Likely from the bank. I don't want to store physical quantities at my house. I just want ownership.
womfalcs3 is online now   Reply With Quote
Old 09-22-2014, 09:19 PM   #12
johnnyb
ΜΟΛΩΝ ΛΑΒΕ
 
johnnyb's Avatar
 
Male

Join Date: Apr 2007
Location: He's Everywhere!
Posts: 21,521
CockyCash: 1705674460
johnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot materialjohnnyb is USC mascot material
Default Re: Silver

Quote:
Originally Posted by womfalcs3 View Post
Likely from the bank. I don't want to store physical quantities at my house. I just want ownership.
I like the physical stuff, not certificates. I have bought from several sources, online I trust jmbullion.com
__________________



To argue with a man who has renounced the use and authority of reason is like administering medicine to the dead.
johnnyb is offline   Reply With Quote
Old 09-23-2014, 07:05 AM   #13
bigdog2003
Future Coaching Legend
 
bigdog2003's Avatar
 
Male

Join Date: Oct 2008
Location: Newberry, SC
Posts: 5,759
CockyCash: 999762
bigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot materialbigdog2003 is USC mascot material
Default Re: Silver

Quote:
Originally Posted by johnnyb View Post
I like the physical stuff, not certificates. I have bought from several sources, online I trust jmbullion.com
I have a guy I buy from, he buys in extremely large numbers from jmbullion and ampex, then sells them for slightly over what he pays. I also buy 90% coins from him.
__________________
I think it would be awesome if you could get Morgan Freeman's voice on a GPS. It would be like he's narrating your travels

bigdog2003 is offline   Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -4. The time now is 12:48 PM.


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Provided by SLB Development