Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is It Time For Silver?
>
Reply to Thread
Message:
<p>[QUOTE="Santinidollar, post: 3581852, member: 75866"]I suppose having labeled the GSR in the fashion I did, I owe an explanation of why I believe the way I do. If you have had investment success with the ratio, then I congratulate you. A profit is a profit, period.</p><p><br /></p><p>Here’s why I discount the ratio:</p><p><br /></p><p>— It is based purely on past performance. I often use the Racing Form comparison — it tells you how the horse ran in the past, but the horse today (with your money on it) might drop dead coming out of the gate today.</p><p><br /></p><p>By the way, a lot of info and ideas in investing fit that description — what the stock has done and not what its prospects, strengths and weaknesses my be in the future. For the same reason, I’m not a stock market “chartist.”</p><p><br /></p><p>— Although asset classes do tend to go up and down in tandem, the factors behind those moves are the key (at least for my strategy). Such things as the GSR attempt to boil all of that into one easy figure. I don’t believe that is wise. </p><p><br /></p><p>For example, when the stock market “crashed” in 1987, the Dow Jones was at 2,000. Today, it is over 26,000 — something not even imagined in ‘87.</p><p><br /></p><p>— I also question whether gold has been traded in a wide open, free market environment long enough for anything like the GSR to have proven long-term validity.</p><p><br /></p><p>There you go. I’d really like to hear other views. Investing is a continuous education process — and I always am open to more schooling.</p><p><br /></p><p>Thanks, all![/QUOTE]</p><p><br /></p>
[QUOTE="Santinidollar, post: 3581852, member: 75866"]I suppose having labeled the GSR in the fashion I did, I owe an explanation of why I believe the way I do. If you have had investment success with the ratio, then I congratulate you. A profit is a profit, period. Here’s why I discount the ratio: — It is based purely on past performance. I often use the Racing Form comparison — it tells you how the horse ran in the past, but the horse today (with your money on it) might drop dead coming out of the gate today. By the way, a lot of info and ideas in investing fit that description — what the stock has done and not what its prospects, strengths and weaknesses my be in the future. For the same reason, I’m not a stock market “chartist.” — Although asset classes do tend to go up and down in tandem, the factors behind those moves are the key (at least for my strategy). Such things as the GSR attempt to boil all of that into one easy figure. I don’t believe that is wise. For example, when the stock market “crashed” in 1987, the Dow Jones was at 2,000. Today, it is over 26,000 — something not even imagined in ‘87. — I also question whether gold has been traded in a wide open, free market environment long enough for anything like the GSR to have proven long-term validity. There you go. I’d really like to hear other views. Investing is a continuous education process — and I always am open to more schooling. Thanks, all![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is It Time For Silver?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...