Discussion in 'Bullion Investing' started by goldcollector, Apr 17, 2017.

  1. sakata

    sakata Devil's Advocate

    Trading physical is not something which should be done lightly because of premiums. I would want extremes of at least 40 and 90 before considering it. With paper it is a different matter but I don't hold it is that form.
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  3. Bman33

    Bman33 Well-Known Member

    Good point on getting nailed on the premiums and waiting for extremes. I wouldn't play the GSR unless there was a stronger track record that it still works. I think many here are saying that it's an outdated system.
  4. sakata

    sakata Devil's Advocate

    Many people here ARE outdated systems. Flexibility is what leads to success.
  5. Bman33

    Bman33 Well-Known Member

    79.19 as of today's close. You GSR guys should be getting silver hand over fist including traded all your gold for it!
  6. Blue Angel

    Blue Angel Senior Member

    Trading metals in the GSR is a long term deal. May only happen a couple of times in lifetime. I have time and patience.
  7. Blue Angel

    Blue Angel Senior Member

  8. HawkeEye

    HawkeEye 1881-O VAMmer Supporter

    I have patience and no time. I will swap you!
  9. InfleXion

    InfleXion Wealth Preserver

    GSR is a great indicator. To buy gold, or to buy silver? Which is the better option to trade my FRNs for... but I don't like trading metal for metal, at least not for as long as I can trade paper for metal. Steak or shrimp? I'll take both please.
  10. Bman33

    Bman33 Well-Known Member


    Who's jumping on the bus to trade their gold for silver?
  11. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    I'm tracking the BSUR - Bitcoin to Silver to Uranium ratio. :hilarious::hilarious::hilarious:

    Bman33 likes this.
  12. sakata

    sakata Devil's Advocate

    If you are wanting to dump some silver I will trade you an AGE for 80 ASEs. :)
    Bman33 likes this.
  13. Bman33

    Bman33 Well-Known Member

    Hey Sakata, I'm not going to the other extreme either. I'm in no man's land as far as making any moves. I did get 10 1/10oz AGE's for $1,190 though. They come in tomorrow!
  14. sakata

    sakata Devil's Advocate

    Where did you get them for that price? Of the back of a truck? APMEX has them currently listed for $149 with a buy back price of $139. You could immediately turn them around for a $200 profit and go out and buy some more.
    SLACKACTION likes this.
  15. Mr Roots

    Mr Roots Underneath The Bridge

    If it’s graded 70 we can make a deal.
  16. goldcollector

    goldcollector Member

    Lol. This chart is always changing. When the GSR was in the 40's the 40's were labeled as TRADE ALL GOLD FOR SILVER - after all the historic ratio was 16 so it was an undeniable, 100% guaranteed certainty that the GSR would soon collapse likely down to 5 to 1 or even parity. :stop::stop::stop:

    The silver crowd is constantly wrong - like an amazing near 100% record. They just change the storyline to make it appear that the game is just starting. They have been claiming the GSR was about to collapse for decades and they have been 100% wrong. Like I said in the OP GSR of 55 = never again. There is just simply too much silver. Its $16 an ounce and the market is awash in near spot silver that no one is buying.
  17. yakpoo

    yakpoo Member

    Reminds me of the good 'ol days when you could buy boxes of dollar coins from the Mint (free S&H) with your Rewards CC, deposit them in the bank, and repeat. :woot:
    hchcoin likes this.
  18. sakata

    sakata Devil's Advocate

    I did, many times. But I spent them. Paid for almost everything under $10 with dollar coins for a few years.
  19. Santinidollar

    Santinidollar Supporter! Supporter


    Have you settled up with the member you owe $100 to?
    C-B-D and SLACKACTION like this.
  20. -jeffB

    -jeffB Greshams LEO Supporter

    Hey, I recognize that reference!

    SLACKACTION likes this.
  21. goldcollector

    goldcollector Member

    81 to 1

    And Gold continues to stomp Silvers head into the ground.
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