KCN 0.30% $1.67 kingsgate consolidated limited.

One history lesson with silver is very clear !" All win's are...

  1. 878 Posts.
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    One history lesson with silver is very clear !

    " All win's are temporary, all losses are permanent "

    " There is a great party that happens once in a blue Moon with Silver for a temporary time, followed by a hangover that lasts forever "

    The mindset must be to be exiting when the sky is blue and the ducks are chirping ! rolleyes.png

    https://hotcopper.com.au/data/attachments/6181/6181166-441a575063c1a2bb0b1655242a2a5b4f.jpg


    Because if you have a Gamblers mindset with Silver and your dopamine get's excited and you don't leave the party by 11.59 pm , you will feel the pain for many many years to follow with a big nasty hangover wishing you had never gone to the party in the first place, just like buying Neuva Esperanza was like being Drunk in Bangkok and ending up with a permanent Mike Tyson Tattoo on your face.eek.png

    https://hotcopper.com.au/data/attachments/6181/6181182-e8fd2477759687d6f64d9ba6d3f0c788.jpg


    But it's different this time !

    You always think it's different this time !

    You always think it's different this time when you hit the free spins on the Pokies at the casino & then an hour later your visiting the ATM machine...

    The Chart of Silver is just like the chart of a Pokies machine free spins !

    Long periods of pain, followed by 30 seconds of joy to keep you wanting more !

    rolleyes.png


    You might think building a mine is Great when silver is flying, but building a mine takes years and by the Time the processing plant is turned on the party is most likely over ....

    Look at the above chart with a short sellers mindset and think; " When do i short silver, how long does a silver explosion last for over the past 50 years ? "

    ANSWER : 2-3 years MAXIMUM, followed by 10-20 years pain.
 
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