Stocks, gold ,silver went to shit today - GoFuckYourself.com

Choker · 12-14-2011, 01:47 PM

Un fucking real. I bought 3 ounces of gold US coins 2 days ago, down over $100 each ounce, lucky for me I am only sitting on about a pound of gold, but silver holy shit I'm sitting on so much it's not even funny.

Anyone else here about to cry? LOL.

fogfever · 12-14-2011, 01:49 PM

silver's down about 8% today...
that's not good

fogfever · 12-14-2011, 01:50 PM

ffn only down 5% today.
that's actually a pretty good day for their stock. down less than usual.

woj · 12-14-2011, 01:51 PM

Is this just play money for you? or is most of your wealth actually in precious metals?

PR_Glen · 12-14-2011, 01:53 PM

i knock gold more than anyone here, but I think its pretty safe for long term... always goes up eventually.

Hopefully the europe thing starts improving, that's not helping anyones investments...

seeandsee · 12-14-2011, 01:54 PM

When something hits critical high value, and you are happy with ROI, better sell it and take back your money. Rest leave in gold and gamble or make profit and forget about it

Telly · 12-14-2011, 02:06 PM

I bought junk silver on Monday for $32/oz, if the numbers stay the same I'm buying again on Friday. Unless you're trading just use it as a long term play to fight inflation and forget about the ups and downs, they're irrelevant.

atom · 12-14-2011, 02:09 PM

I bought a few 10oz bars last week of silver. If you are not looking to make a buck quickly there is nothing to worry about. I was reading a report (after I bought the bars of course) that said they expect silver to drop to $22 an ounce in the next 4-6 months.

Houdini · 12-14-2011, 02:15 PM

From a technical perspective, SLV hit the bottom trend line on the mark today. It has the potential to bounce from here to reach the $34-36 level. Any drop below the current support and you're probably looking at $25 silver soon.

PR_Glen · 12-14-2011, 02:15 PM

Quote:

Originally Posted by seeandsee

When something hits critical high value, and you are happy with ROI, better sell it and take back your money. Rest leave in gold and gamble or make profit and forget about it

doesn't capital gains tax eat into that though? i'm still pretty green on that area of things..

Sly · 12-14-2011, 02:17 PM

Quote:

Originally Posted by PR_Glen

doesn't capital gains tax eat into that though? i'm still pretty green on that area of things..

Not if you reinvest.

Telly · 12-14-2011, 02:18 PM

Quote:

Originally Posted by PR_Glen

doesn't capital gains tax eat into that though? i'm still pretty green on that area of things..

That's one of the reasons I like junk silver or bullion

PR_Glen · 12-14-2011, 02:24 PM

Quote:

Originally Posted by Sly

Not if you reinvest.

Quote:

Originally Posted by Telly

That's one of the reasons I like junk silver or bullion

so no taxes if you reinvest?

woj · 12-14-2011, 02:28 PM

Quote:

Originally Posted by PR_Glen

so no taxes if you reinvest?

I'm no accountant, but I'm pretty sure you pay taxes on any capital gains...
*unless you reinvest in the same or very similar asset, but then what's the point of selling?

JFK · 12-14-2011, 03:10 PM

I just keep buying, everyone is shorting gold right now, it will bump back up, when they cash out. Its all manipulation on a ginormous scale

Joshua G · 12-14-2011, 03:15 PM

Quote:

Originally Posted by Houdini

From a technical perspective, SLV hit the bottom trend line on the mark today. It has the potential to bounce from here to reach the $34-36 level. Any drop below the current support and you're probably looking at $25 silver soon.

if the blowoff top is the start of a bear trend, then the bottom trend line should start at the may low. The lower lows, this being the third free fall in 6 months, indicate more downside to come. next few days will tell.

Sly · 12-14-2011, 03:28 PM

Quote:

Originally Posted by woj

I'm no accountant, but I'm pretty sure you pay taxes on any capital gains...
*unless you reinvest in the same or very similar asset, but then what's the point of selling?

Sell one stock/commodity high, buy another low.

I have no idea if you have to remain in the same "class" or not.

DatingGold · 12-14-2011, 04:58 PM

Gold is going way down.. Buy Low Sell High.

When all your neighbors are buying gold its too late

SomeCreep · 12-14-2011, 05:14 PM

I predict in 10 years, both gold and silver will be worth a lot more than right now.

Choker · 12-14-2011, 05:19 PM

Quote:

Originally Posted by woj

Is this just play money for you? or is most of your wealth actually in precious metals?

A big part, but I buy at or below spot and sell for 10% above. I flip fast so I'm not hurting on silver, actually sold twice as much today as yesterday and I did not lower my prices. I'm still selling silver as if it were 33 a ounce. Gold I don't really buy and sell the same, I will buy small amounts and flip when it goes up. Gold I mostly buy US double eagles, etc. Got a few French roosters I now regret buying lol. I'll just sit on what little gold I have till it goes back up.

vsex · 12-14-2011, 05:20 PM

I predict stocks, gold and silver will drop today.

uno · 12-14-2011, 05:25 PM

Eh, a bunch of people gave me silver bars for my wedding gift a few years ago and its still above what it was worth then.

Jakez · 12-14-2011, 05:30 PM

You work on the internet, there are 1,000,000+ better things to invest your money in with less risk.

V_RocKs · 12-14-2011, 05:39 PM

Metals were inflated. Not a surprise at all.

oscer · 12-14-2011, 06:25 PM

Quote:

Originally Posted by Choker

Un fucking real. I bought 3 ounces of gold US coins 2 days ago, down over $100 each ounce, lucky for me I am only sitting on about a pound of gold, but silver holy shit I'm sitting on so much it's not even funny.

Anyone else here about to cry? LOL.

Nope right now im using it to buy up some stuff and hold it .... its dropping cause people are running fast from the Euro which is making the US dollar stronger i would expect it to go back up

Choker · 12-14-2011, 10:01 PM

Quote:

Originally Posted by Jesus H Christ

Just keep buying. The reason why the price of gold dropped is people/countries are selling to get liquid to pay their debt. Gold is not a currency. Silver dropped because the commercial/industrial use for it has also dropped. Meaning, things are not being made because people can't buy it, no demand.

Again, just keep buying, there will be a heavy rebound in the near future.

LOL, the guy in your sig is so fucking anoying. And what's with his hair? I guess a crazy hair style has to match a crazy mind. LOL

scuba steve · 12-14-2011, 10:12 PM

choker
don't you buy under 31$ on silver anyway?

BIGTYMER · 12-14-2011, 10:15 PM

Man is the euro crashing..

Choker · 12-14-2011, 10:42 PM

Quote:

Originally Posted by scuba steve

choker
don't you buy under 31$ on silver anyway?

Depends on what it is, 90% silver US coins I get at melt in bulk from coin dealers, or 95% of melt from the estate buyers (guys with the We buy gold signs) Silver dollars I usually get at spot plus a buck each. When I resell I only have 10% profit margin so when silver drops 10% like it has I'm fucked if I get caught with a lot of inventory on hand. But like I said earlier I have sold more today than yesterday while still charging $33 per ounce prices. You would think when its down around 29 like now that I could take advantage and stock up, but no, most wholesalers prefer to not sell and just wait till it rises again. I know of several big dealers sitting on gold they paid 1750 for. They have the money and can sit on it for a year if that's how long it takes to go back up.

scuba steve · 12-14-2011, 10:46 PM

Quote:

Originally Posted by Choker

Depends on what it is, 90% silver US coins I get at melt in bulk from coin dealers, or 95% of melt from the estate buyers (guys with the We buy gold signs) Silver dollars I usually get at spot plus a buck each. When I resell I only have 10% profit margin so when silver drops 10% like it has I'm fucked if I get caught with a lot of inventory on hand. But like I said earlier I have sold more today than yesterday while still charging $33 per ounce prices. You would think when its down around 29 like now that I could take advantage and stock up, but no, most wholesalers prefer to not sell and just wait till it rises again. I know of several big dealers sitting on gold they paid 1750 for. They have the money and can sit on it for a year if that's how long it takes to go back up.

yeah we have a hook up, give us eagles about $2 over, bars at 1-1.50 over. i don't do the quarters/half dollars much though, have some but prefer to go pure. our guy will still sell as it crashes.

Choker · 12-14-2011, 11:01 PM

Quote:

Originally Posted by scuba steve

yeah we have a hook up, give us eagles about $2 over, bars at 1-1.50 over. i don't do the quarters/half dollars much though, have some but prefer to go pure. our guy will still sell as it crashes.

$2 over is good for eagles but 1-1.50 for bars and rounds you can get better I think. Next time your driving around and see a We buy gold sign walk in and ask them if they have any silver to sell. Those guys like to flip fast and they buy a lot of silver from people. I bought a bunch of Englehard bars from one 2 weeks ago at melt.

scuba steve · 12-14-2011, 11:13 PM

Too scarred to do that with fake nickel silver out there. I'll pay the extra buck for peace of mind

slavdogg · 12-14-2011, 11:49 PM

Joe Keneddy once told me, once you start getting gold and silver advice on GFY.. get the fuck out the market bottom is about to fall out.

2ndxachrm · 12-15-2011, 12:21 AM

silver is still a good bet for future up swing since its still under valued.

SeanLEE · 12-15-2011, 12:58 AM

I predict 2500. an ounce for gold this coming year!!! ..and I think silver will double again this year. APMEX is my bestfriend! I'm in for the long haul! Best wishes to all-

JFK · 12-15-2011, 03:52 AM

Quote:

Originally Posted by slavdogg

Joe Keneddy once told me, once you start getting gold and silver advice on GFY.. get the fuck out the market bottom is about to fall out.

I would listen if it was Joe Kennedy

CurrentlySober · 12-15-2011, 05:06 AM

Quote:

Originally Posted by Choker

shit...

i like shit...

PR_Glen · 12-15-2011, 07:25 AM

Quote:

Originally Posted by slavdogg

Joe Keneddy once told me, once you start getting gold and silver advice on GFY.. get the fuck out the market bottom is about to fall out.

definitely some wisdom in this...

PR_Glen · 12-15-2011, 07:29 AM

Quote:

Originally Posted by SeanLEE

I predict 2500. an ounce for gold this coming year!!! ..and I think silver will double again this year. APMEX is my bestfriend! I'm in for the long haul! Best wishes to all-

they have been saying that about silver for the last 25 years at least... history says otherwise, its flat as shit. Putting all your eggs in one basket based on media speculation is down right nuts...

slapass · 12-15-2011, 07:41 AM

Just the fact that all of you guys have bought recently etc means it is overpriced.

u-Bob · 12-15-2011, 07:59 AM

Was to be expected when the Fed announced there wouldn't be any additional easing (for now).

Gold and silver are still a safe bet against inflation.

Just wait until the bulk of the "excess reserves" the banks have at the Fed start leaking out. That's when things will start to get interesting

Choker · 12-15-2011, 10:49 AM

Quote:

Originally Posted by PR_Glen

they have been saying that about silver for the last 25 years at least... history says otherwise, its flat as shit. Putting all your eggs in one basket based on media speculation is down right nuts...

Have you looked at the 5 year chart for silver? I remember 6 or 7 years ago buying 1 ounce rounds for $6 each. Last week they were $33 a ounce. How is this 'flat"?

magicmike · 12-15-2011, 12:25 PM

Go to the casino if your getting your stock / investment tips on GFY. Hello pump and
dump.

PR_Glen · 12-15-2011, 12:33 PM

Quote:

Originally Posted by magicmike

Go to the casino if your getting your stock / investment tips on GFY. Hello pump and
dump.

dude i got this penny stock you gotta check out.. hehe

Phoenix · 12-15-2011, 12:38 PM

so buy silver at 26 and hold

PR_Glen · 12-15-2011, 12:39 PM

Quote:

Originally Posted by Choker

Have you looked at the 5 year chart for silver? I remember 6 or 7 years ago buying 1 ounce rounds for $6 each. Last week they were $33 a ounce. How is this 'flat"?

pretty flat until media speculation took off eh? My bet is it's over valued now...

Adult Insider Dave · 12-15-2011, 12:46 PM

Good time to buy some nice priced rental buildings, especially with the rental market so strong in many areas since everyone lost their homes.

Choker · 12-15-2011, 02:32 PM

Quote:

Originally Posted by PR_Glen

pretty flat until media speculation took off eh? My bet is it's over valued now...

Your kidding right? So it was flat until 1965 until at which time media speculation made it go up? You said it was flat the last 25 years, it was not. No idea how old that graph is but silver is not $5 a ounce like it displays. But yeah I agree with you that it's probably over valued right now.

JFK · 12-15-2011, 03:55 PM

Fitty gold's turning to shit

Operator · 12-15-2011, 05:22 PM

Quote:

Originally Posted by Jesus H Christ

8 of the largest banks in the world downgraded today. There are $707 trillion in unregulated derivatives like credit default swaps. These banks are probably responsible for at least $300 trillion of those unregulated derivatives. Forget sovereign debt problems .. it is insolvent bank problems now. Bernanke handed out $29 trillion in 2008. Get ready to hand out $50 trillion now.

Got gold? No..... you sold today??

Too bad.

gold and silver

12-14-2011, 01:47 PM	#1
Choker Confirmed User Industry Role: Join Date: Apr 2001 Location: Orlando Posts: 9,024	Stocks, gold ,silver went to shit today Un fucking real. I bought 3 ounces of gold US coins 2 days ago, down over $100 each ounce, lucky for me I am only sitting on about a pound of gold, but silver holy shit I'm sitting on so much it's not even funny. Anyone else here about to cry? LOL. __________________ ICQ me lets make a deal 116894466 Need dating, cam, or tube traffic? I got it.http://http://www.chokertraffic.com The Original http://www.chokertraffic.com/ Premium country pop-unders from $1.50 per k. I challenge you to compare this traffic to any other brokers. http://www.chokertraffic.com/public/tabs.php?t=o

12-14-2011, 01:51 PM	#4
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	Is this just play money for you? or is most of your wealth actually in precious metals? __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

12-14-2011, 01:53 PM	#5
PR_Glen Confirmed User Industry Role: Join Date: Oct 2006 Location: Canada Posts: 9,058	i knock gold more than anyone here, but I think its pretty safe for long term... always goes up eventually. Hopefully the europe thing starts improving, that's not helping anyones investments... __________________ webmaster at pimproll dot com

12-14-2011, 01:54 PM	#6
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	When something hits critical high value, and you are happy with ROI, better sell it and take back your money. Rest leave in gold and gamble or make profit and forget about it __________________ BUY MY SIG - 50$/Year Contact here

12-14-2011, 02:06 PM	#7
Telly Confirmed User Industry Role: Join Date: Jul 2007 Posts: 334	I bought junk silver on Monday for $32/oz, if the numbers stay the same I'm buying again on Friday. Unless you're trading just use it as a long term play to fight inflation and forget about the ups and downs, they're irrelevant. __________________ MetroMoney.com - Limited-time $40PPS Promotion! DeviantHardcore.com

12-14-2011, 01:49 PM	#2
fogfever Confirmed User Join Date: Apr 2007 Posts: 1,245	silver's down about 8% today... that's not good

12-14-2011, 01:50 PM	#3
fogfever Confirmed User Join Date: Apr 2007 Posts: 1,245	ffn only down 5% today. that's actually a pretty good day for their stock. down less than usual.

12-14-2011, 02:09 PM	#8
atom Confirmed User Join Date: Apr 2002 Location: Minneapolis Posts: 2,740	I bought a few 10oz bars last week of silver. If you are not looking to make a buck quickly there is nothing to worry about. I was reading a report (after I bought the bars of course) that said they expect silver to drop to $22 an ounce in the next 4-6 months. __________________ Have Chargebacks? Send me a message. ChargebackHelp.com

12-14-2011, 02:15 PM	#9
Houdini Confirmed User Join Date: Dec 2001 Location: SoCal Posts: 1,651	From a technical perspective, SLV hit the bottom trend line on the mark today. It has the potential to bounce from here to reach the $34-36 level. Any drop below the current support and you're probably looking at $25 silver soon.

12-14-2011, 03:10 PM	#15
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	I just keep buying, everyone is shorting gold right now, it will bump back up, when they cash out. Its all manipulation on a ginormous scale __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

12-14-2011, 04:58 PM	#18
DatingGold $6 PER EMAIL JOiN Industry Role: Join Date: Feb 2003 Location: California Posts: 13,185	Gold is going way down.. Buy Low Sell High. When all your neighbors are buying gold its too late __________________ 9 Years of SOLID payouts and conversions! ADULT DATING - $100 PPS LIVE CAMS - $214 PPS WWW.DATINGGOLD.COM ICQ: 27442303

12-14-2011, 05:14 PM	#19
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	I predict in 10 years, both gold and silver will be worth a lot more than right now. __________________ Webair Hosting I use and recommend Webair for hosting.

12-14-2011, 05:20 PM	#21
vsex Confirmed User Industry Role: Join Date: Aug 2010 Location: East and West Coast Beaches Posts: 1,277	I predict stocks, gold and silver will drop today. __________________ VSEX.COM AFFILIATES [email protected] New Model Signup Most realistic thing ever written on GFY: Shap: "Solidarity is nice in theory but this industry has proven time and time again it can not stand together. The best advice I can give you is to do what is best for you with both your short term and long term goals in mind."

12-14-2011, 05:25 PM	#22
uno RIP Dodger. BEST.CAT.EVER Industry Role: Join Date: Dec 2002 Location: NYC Area Posts: 18,450	Eh, a bunch of people gave me silver bars for my wedding gift a few years ago and its still above what it was worth then. __________________ -uno icq: 111-914 CrazyBabe.com - porn art MojoHost - For all your hosting needs, present and future. Tell them I sent ya!

12-14-2011, 05:30 PM	#23
Jakez Confirmed User Industry Role: Join Date: Jan 2004 Location: oddfuturewolfgangkillthemall!!!!!!! Posts: 5,656	You work on the internet, there are 1,000,000+ better things to invest your money in with less risk. __________________ [email protected] - jakezdumb - 573689400 Killuminati

12-14-2011, 05:39 PM	#24
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,409	Metals were inflated. Not a surprise at all.

12-14-2011, 10:12 PM	#27
scuba steve Confirmed User Join Date: Oct 2008 Location: i'm in miami bitch Posts: 1,888	choker don't you buy under 31$ on silver anyway? __________________

12-14-2011, 10:15 PM	#28
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	Man is the euro crashing..

12-14-2011, 11:13 PM	#32
scuba steve Confirmed User Join Date: Oct 2008 Location: i'm in miami bitch Posts: 1,888	Too scarred to do that with fake nickel silver out there. I'll pay the extra buck for peace of mind __________________

12-14-2011, 11:49 PM	#33
slavdogg Confirmed User Join Date: Jan 2001 Posts: 3,570	Joe Keneddy once told me, once you start getting gold and silver advice on GFY.. get the fuck out the market bottom is about to fall out. __________________ Adult Traffic for Sale

12-15-2011, 12:21 AM	#34
2ndxachrm Confirmed User Industry Role: Join Date: Dec 2011 Location: Boston Posts: 353	silver is still a good bet for future up swing since its still under valued. __________________ Sex. My favorite vice. www.myxxxpornvice.com

12-15-2011, 12:58 AM	#35
SeanLEE Confirmed User Join Date: Feb 2006 Location: Miami, FL Posts: 1,556	I predict 2500. an ounce for gold this coming year!!! ..and I think silver will double again this year. APMEX is my bestfriend! I'm in for the long haul! Best wishes to all- __________________ I spammed in threads!

12-15-2011, 07:41 AM	#40
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	Just the fact that all of you guys have bought recently etc means it is overpriced.

12-15-2011, 07:59 AM	#41
u-Bob there's no $$$ in porn Industry Role: Join Date: Jul 2005 Location: icq: 195./568.-230 (btw: not getting offline msgs) Posts: 33,063	Was to be expected when the Fed announced there wouldn't be any additional easing (for now). Gold and silver are still a safe bet against inflation. Just wait until the bulk of the "excess reserves" the banks have at the Fed start leaking out. That's when things will start to get interesting

12-15-2011, 12:25 PM	#43
magicmike Confirmed User Industry Role: Join Date: Feb 2003 Location: JustPorno Posts: 2,384	Go to the casino if your getting your stock / investment tips on GFY. Hello pump and dump. __________________ Just Porno with both classic and mobile porn versions. Gay Porn Our mega gay site tranny porn

12-15-2011, 12:38 PM	#45
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	so buy silver at 26 and hold __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

12-15-2011, 12:46 PM	#47
Adult Insider Dave Confirmed User Join Date: Jun 2005 Posts: 533	Good time to buy some nice priced rental buildings, especially with the rental market so strong in many areas since everyone lost their homes. __________________ Promote our penis growth and acne books, earn 75% on sales and rebills. Contact me if you want a custom backend like Pornstarbucks and Freenetpass integrated with any billing gateway:

12-15-2011, 03:55 PM	#49
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	Fitty gold's turning to shit __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com