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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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<p>[QUOTE="goldcollector, post: 3315023, member: 9088"]The GSR is at near 84 and real world observations haven't changed at all. Every LCS I go to has so much silver they can't sell its just amazing, if they do have an ounce of gold it will sell by the end of the day almost always. Fractional gold they ask ridiculous premiums and it still sells. Meanwhile tubs of Morgans, peace, ASE, Silver maples, generic silver and the million other silver garbage they have are all priced spot plus a buck or 2 and it just sits and collects dust. Or maybe they have tons more and they just keep refilling the tubs.</p><p><br /></p><p>My Facebook groups - silver everywhere noone buys. Someone posts an ounce of gold you better BIN real fast cause it will be gone.</p><p><br /></p><p>The GSR up to 84 I would normally call for a small correction - I mean silver can't just get its butt stomped into the ground FOREVER ( well it looks like it is, it was "a short 6 years ago the GSR was in the 30's" from the first reply ). Wow I think I could give Mike Tyson in his heyday a better bout than silver is giving gold.</p><p><br /></p><p>Well I say I would normally expect a bit of a correction but not with what I'm seeing. There is just way way ( 100 ways ) too much silver and its held mainly by weak hands looking to dump if they can get a 10 cent gain.</p><p>Nope we will likely see 90 in 2019 and if not it will certainly hold close to where it is. Thread started at 68.93. Good luck ever seeing that again.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 3315023, member: 9088"]The GSR is at near 84 and real world observations haven't changed at all. Every LCS I go to has so much silver they can't sell its just amazing, if they do have an ounce of gold it will sell by the end of the day almost always. Fractional gold they ask ridiculous premiums and it still sells. Meanwhile tubs of Morgans, peace, ASE, Silver maples, generic silver and the million other silver garbage they have are all priced spot plus a buck or 2 and it just sits and collects dust. Or maybe they have tons more and they just keep refilling the tubs. My Facebook groups - silver everywhere noone buys. Someone posts an ounce of gold you better BIN real fast cause it will be gone. The GSR up to 84 I would normally call for a small correction - I mean silver can't just get its butt stomped into the ground FOREVER ( well it looks like it is, it was "a short 6 years ago the GSR was in the 30's" from the first reply ). Wow I think I could give Mike Tyson in his heyday a better bout than silver is giving gold. Well I say I would normally expect a bit of a correction but not with what I'm seeing. There is just way way ( 100 ways ) too much silver and its held mainly by weak hands looking to dump if they can get a 10 cent gain. Nope we will likely see 90 in 2019 and if not it will certainly hold close to where it is. Thread started at 68.93. Good luck ever seeing that again.[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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