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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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<p>[QUOTE="goldcollector, post: 4239098, member: 9088"]GSR is now 100 and I went to an LCS yesterday. Nothing has changed --- tubs and tubs and tubs of silver, and another case with thousands of ounces of silver bars just collecting dust. Noone wants it or at least the supply far outweighs demand. Now Gold don't even bother asking him - it's all sold out or he's keeping it. Not sure which it is but he's not selling you any.</p><p><br /></p><p>It just shocks me that even as Gold continues to murder silver the real world reality hasn't changed a bit. LCS overrun with more silver than they will possibly ever sell. It's hard to understand really. I guess Its just Gold gets held no matter how high it goes. Silver gets sold as soon as a bill comes due regardless of how much loss is incurred. As much as I hate silver, I would expect it to be selling at this point and it isn't. Surely at $6 or $7 the LCS would actually be able to sell it. Is that what it would take ?[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 4239098, member: 9088"]GSR is now 100 and I went to an LCS yesterday. Nothing has changed --- tubs and tubs and tubs of silver, and another case with thousands of ounces of silver bars just collecting dust. Noone wants it or at least the supply far outweighs demand. Now Gold don't even bother asking him - it's all sold out or he's keeping it. Not sure which it is but he's not selling you any. It just shocks me that even as Gold continues to murder silver the real world reality hasn't changed a bit. LCS overrun with more silver than they will possibly ever sell. It's hard to understand really. I guess Its just Gold gets held no matter how high it goes. Silver gets sold as soon as a bill comes due regardless of how much loss is incurred. As much as I hate silver, I would expect it to be selling at this point and it isn't. Surely at $6 or $7 the LCS would actually be able to sell it. Is that what it would take ?[/QUOTE]
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