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<p>[QUOTE="goldcollector, post: 2713508, member: 9088"]I see a lot of bad advice on this board but by far the worst piece of advice I see is one I see over and over again. It goes something like this --- GOLD HAS BEEN BASHING SILVERS SKULL IN SO BUY SILVER. </p><p><br /></p><p>Ok ok they say the GSR has gotten really high so you should buy silver wait for the GSR to "come down" and sell it for gold.</p><p><br /></p><p>This is just really really bad advice. First in the real world ur gonna be paying premium when you buy the silver, then your gonna get under spot when you sell, then youre gonna pay premium to buy the gold. You would likely need a GSR OF 55 just to break even. The GSR is 68.93 as I write this and THE GSR WILL NEVER FALL TO 55 EVER AGAIN. Now yes here in internetville everyone buys their silver under spot and sells it for a massive premium. People have been saying buy silver since the GSR was 40 they have been 100% wrong but they always make a profit. In the real world things dont work like that. You try playing the GSR youre gonna get soaked in the real world.especially when the GSR goes from 40 to 70 ur gonna get smashed.</p><p><br /></p><p>What you need to do is buy what you want to buy whether that be gold or silver but dont believe the false stories on here that youre gonna end up with more gold by buying silver first. It doesnt even make sense to assume the GSR is gonna fall simply because it does nothing but increase. The GSR is 68.93 right now I will bump this periodically. I GUARANTEE you the GSR wilk never see 55.</p><p><br /></p><p>PS for the billions of posters who bought silver last week for $12 an ounce then sold it this week for $33 an ounce then used the money to get extra gold - that has nothing to do with playing the GSR.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 2713508, member: 9088"]I see a lot of bad advice on this board but by far the worst piece of advice I see is one I see over and over again. It goes something like this --- GOLD HAS BEEN BASHING SILVERS SKULL IN SO BUY SILVER. Ok ok they say the GSR has gotten really high so you should buy silver wait for the GSR to "come down" and sell it for gold. This is just really really bad advice. First in the real world ur gonna be paying premium when you buy the silver, then your gonna get under spot when you sell, then youre gonna pay premium to buy the gold. You would likely need a GSR OF 55 just to break even. The GSR is 68.93 as I write this and THE GSR WILL NEVER FALL TO 55 EVER AGAIN. Now yes here in internetville everyone buys their silver under spot and sells it for a massive premium. People have been saying buy silver since the GSR was 40 they have been 100% wrong but they always make a profit. In the real world things dont work like that. You try playing the GSR youre gonna get soaked in the real world.especially when the GSR goes from 40 to 70 ur gonna get smashed. What you need to do is buy what you want to buy whether that be gold or silver but dont believe the false stories on here that youre gonna end up with more gold by buying silver first. It doesnt even make sense to assume the GSR is gonna fall simply because it does nothing but increase. The GSR is 68.93 right now I will bump this periodically. I GUARANTEE you the GSR wilk never see 55. PS for the billions of posters who bought silver last week for $12 an ounce then sold it this week for $33 an ounce then used the money to get extra gold - that has nothing to do with playing the GSR.[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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