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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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<p>[QUOTE="goldcollector, post: 3554477, member: 9088"]They might get that 100 to 1 real soon the way its going. Lol. Just kidding. There has to be a small correction eventually one would think. Surely silver can't just get murdered in perpetuity. My question is why would they want to trade even at 100 to 1 ? The number was historically 16. It was 30 ish just 7-8 years ago. We have a clear winner here. There will be corrections, ups and downs but over any extended period of time Gold has always been the winner. That won't change. Even today with the GSR near 91 every LCS in my town has all the silver for sale you could imagine. Tubs of it they can't sell. Even when Jed or Bubba or Cletus do come in they only have $50 or so so what 3 or 4 ounces barely makes a dent in the inventory. And what they do sell comes back in 10 fold at the end of the month when all the silver "investors" are desperate to make it until next months EBT day. If you want to buy gold you better go online, if anyone did bring one into the LCS it sold same day. Silver is and always has been a joke played on the desperate masses, much like the powerball scam. Never trade Gold for silver I don't care what the GSR. Just like never trade your paycheck for a bunch of powerball games no matter how high the jackpot. Same reason -- you won't win.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 3554477, member: 9088"]They might get that 100 to 1 real soon the way its going. Lol. Just kidding. There has to be a small correction eventually one would think. Surely silver can't just get murdered in perpetuity. My question is why would they want to trade even at 100 to 1 ? The number was historically 16. It was 30 ish just 7-8 years ago. We have a clear winner here. There will be corrections, ups and downs but over any extended period of time Gold has always been the winner. That won't change. Even today with the GSR near 91 every LCS in my town has all the silver for sale you could imagine. Tubs of it they can't sell. Even when Jed or Bubba or Cletus do come in they only have $50 or so so what 3 or 4 ounces barely makes a dent in the inventory. And what they do sell comes back in 10 fold at the end of the month when all the silver "investors" are desperate to make it until next months EBT day. If you want to buy gold you better go online, if anyone did bring one into the LCS it sold same day. Silver is and always has been a joke played on the desperate masses, much like the powerball scam. Never trade Gold for silver I don't care what the GSR. Just like never trade your paycheck for a bunch of powerball games no matter how high the jackpot. Same reason -- you won't win.[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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