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Silver Peaked, Bitchez.
Despite all of this "evidence" silver has STILL been moving down in the markets the last couple of days. Most likely correcting down to the low $30's. The above is just proof that the only person participating and causing this run-up is the average joe.
Best get out while you can and buy back in during the summer at 2/3 the cost.
Go for it. Follow you're own advice. Let me know how it turns out for ya.
I already have.
Have you sold yet? At the least you should stop buying and hedge your long plays.
Come on Danger, pile into the dollar...
Do trillion dollar deficits and debt monetization not fit into your sound investing?
I actually have most of my positions in gold, cash and slv puts.
I plan on liquidating the puts this summer and holding gold and cash probably until late August or Early September.
Trust me, you do not want to go down with the silver ship.
So you didn't BTFD, bitch?
Thanks funny because my local bullion dealer is out and I recently received an email from Apmex saying they'll buy ANY silver I have at $3 over spot!
I STFR bitchez!
And when I sold my silver bars my dealer told me that he can get any silver but that the coins and the small bars have a premium.
Sure sign that all of this is just retail joe six-pack driven.
No doubt. The future had been decided.
No doubt you cashed out at the top, right?
Anyway, please let me know your dealers telephone number so I can take advantage of this arbitrage opportunity. Smelting from one form to the other is not a significant expense on a large scale.
yeah, step up your game, Dangertime, and give us the number of your dealer. i'll give him plenty of business and in return, i'm sure he'll give you a sweet deal for bringing him more business.
you win, i (and others i'm sure) win. we all win. deal? who's your dealer, Dangertime?
Danger seems to have disappeared, he has not come back with his dealers phone number.
Wonder why? Is it because what he posted is not true?
We would all like this phone number of his dealer.
Bet we won't ever see it.
Bitch, when silver heads back up, shortly, you'll change your name or try to back fill with more lies. You've been given far more attention than you deserve.
If you have the majority of your portfolio in options, then you are either incredibly small fry, or someone who will eventually lose it all.
Or both, lol.
It is way to difficult to sell at the exact top. But you can get the general range.
I use options when it is a decidedly easy trade. Which is why I am still stunned that people her cannot see it. Must be your Ego-investment.
Hey Math Man, err...I mean Dangertime, go eat a bag of dicks. Time for a new user name, I suggest 'Math Time'. Did you ever collect that insurance money from crashing your Ferrari into your Beach House?
Danger your name suits you as does your logic.
You are actually allowing them to dictate the value of your silver holdings and therefore are playing a very "dangerous" game with...yourself.
Buy, hold and forget...overtime the players always get "locked out" when the worlds "owners" decide to do so...
Since I have been buying(?) since 1962 and have not sold yet, I think I'll just wait a little longer.
I began seriously buying gold bullion in 1968... Prior to that I was a coin collector.
I have sold nothing and own no paper PMs.
Screw Comex and all the bs paper pushers.
Trolls like this idiot usually don't have a job, let alone a trading account. They just get their jollies being irritants.
I think tyler should axe the zerohedge store and set up a put store that people can buy the puts for him and give him 15 percent of the profits.
i'm sure Dangertime has a job at the moment. this is what he does. and he's being paid by either JPM, HSBC or the Fed.
Please come join the fun:
LOL... Good luck picking highs and lows my friend. I'm standing pat until I see daily "Metals Minute" shows on local TV stations.
Funny how you "know" that. You present yourself as some sort of all knowing magician, a god even. Yet you have been proved and outed repeatedly as a liar. Yet you keep coming back, buoyed by all of two days of price action, as if two days of price action means anything.
Also funny that you are telling people to realize enormous gains in silver, gains so large that selling the silver means that they would have to wait for a ten dollar correction (from THIS point, not the peak) before their tax loss is recouped to just break even.
What the fuck is wrong with you? If you bought in 2001, a 30% down move is only going to see you break even, you moron. Considering skyrocketing premiums, you are going to need a 50% correction to even make all this noise worth it.
But you wouldn't know anything about that, since you are an outed liar, and don't even know the historical price structure (or at least, you didn't know about it until I berated you for being a liar because you got so many super basic things wrong), how could you possibly have been expected to think about the tax implications of your imaginary trading scheme?
Going forward, everybody should just ignore dangertime. ~42-45 silver...this is btfd time, unless you're optimistic that our central planners have an ultimate plan that isn't debasement.
Classic rookie move. You haven't watched silver for very long have ya?
Uhh, you clearly haven't, because buying the dip has lead to gigantic gains for a decade.
But you wouldn't know anything about that, since your silver position was all in your head, and you sold it all without paying taxes because you live in Never Never Land.
Oh right, yet another *lie* you claim to have exposed when all you are really doing is defaming someone who disagrees with your bubble view.
Judging from the desperation in your posts you must be painfully underwater on some silver shorts,my condolences.
Sounds more like tmosley is the desperate one. i posted my positions, unlike everyone else. I think that burns you the most.
No you didn't. Again, who is your Physical Ag Dealer ?!
Uh, yeah. If you want to claim that it wasn't a lie, then tell us what nationality you are that doesn't tax capital gains on silver.
Must be Somalian, lol. No need to be embarrassed, friend. I love Somalia, and the people therein. I'm impressed that you are able to work as a trader there, though. That must be tough.
Because EVERY OTHER COUNTRY on the planet taxes capital gains in silver just like everything else. Except the US, which taxes them much more.
Yet more lies and defamation.
I owe you nothing, and yet I was nice enough to warn you that silver peaked. Don't look a gift-horse in the mouth.
Why are you advising people in other countries on what to do?
You are terribly irresponsible, at the VERY best.
Yeah, the Trojans didn't look their gift horse in the mouth, and look what they got. You can take your "gift" and shove it up your ass.
hey dangertime, why don't you actually RESPOND to tmosley's charges instead of ALWAYS deflecting his (spot on) accusations or changing the subject?
His charges are BS and all based on lies. Every time I answer he just makes up more lies about it.
I am seriously trying to help you guys, but it's hard when you are so willfully blind.
Yes, they are based on lies. YOUR lies.
What country you from, jackass? I know of only one country that you don't have to pay taxes, and that's Somalia.
Somalia: LAND OF THE FREE
This is a public interest message: Please refrain from feeding the troll, Thank you.
Now back to our regular broadcasting.
Did you know that in countries outside of the US you can actually sell silver without paying the confiscation, er capital gains tax?
Good luck hoping for that change. Yay freedom.
Uh-huh. Now you are outside the United States, huh? Tell us what country, you lying sack of shit.
And why the fuck are you giving advise to people living under vastly different regulatory and tax regimes? Anyone who has followed your advise has realized a real HUGE loss.
I am already sitting on 15% gains on my puts. While you are seeing red since you bought at $49.
That blood which will be running in the streets? That's yours.
What country, bitch? Don't go looking up tax codes to try to find one that doesn't tax silver gains. Tell us right the fuck now.
And stop trying to advise people, since you have now admitted that you don't know what the fuck you are talking about, since you live on some god forsaken island, since all major countries worldwide tax silver gains punitively, or even preemptively, like with the European VAT tax.
And my cost basis is is less than $16, you moron. The highest I ever bought was $46.
So you are already in the red on one trade. Wonder how long before the others go red?
Where is the proof of these lies you keep accusing me of? What lies?
Your refusal to tell us your nationality is proof enough of the most recent lie.
And your continued defamation attempts with no proof show us that you are nothing more than a pump and dumper.
No, it shows that you refuse to reveal your nationality. What's wrong, are you evading taxes? I am not unsympathetic to such things.
However, you are giving people shitty advice, telling them to sell their silver and buy back more later, because you aren't thinking of who you are talking to. Most of the people here are American, meaning we get taxed at a higher rate on silver gains than other types of gains, and many further have to pay state income taxes. This means, for those who are long time holders, that selling silver now would require a 70% drop in silver price to see any gain, IF you could find ANY physical silver at that price.
Face it, chump, you are outed. Go get another user name. This one is done.
Physical silver is not hard to find. And wtf math are you using to say that you would need a 70% drop to break-even?
It becomes clearer to me just why your portfolio is so red.
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