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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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<p>[QUOTE="goldcollector, post: 4284731, member: 9088"]I told you in the 1st post it would never be 55 to 1 again. It has since almost doubled.</p><p><br /></p><p>There are a lot of things that happened 9 years ago that will never happen again.</p><p><br /></p><p>I'm sure you know the GSR ratio was set at 16 for years. When it's allowed to flow freely, it doesn't just go to 120 overnight. It takes time. It only fell to 38 because silver had an insane nonsense runup to $49 followed by an all out collapse in price.</p><p><br /></p><p>So if you do see the GSR correct to 70 ever again I hope you will run not walk to unload it before the price collapses yet again.</p><p><br /></p><p>The price of oil in 2011 was $100 per Barrell. With fracking, good luck living long enough too see that again. Spoiler Alert - you won't. Silver price is heavily tied to the price of oil. Gold is not. So yes, you and I will never see GSR 68 ever ever again. I'm not saying it won't correct from this 120, it will. But 68 again - never.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 4284731, member: 9088"]I told you in the 1st post it would never be 55 to 1 again. It has since almost doubled. There are a lot of things that happened 9 years ago that will never happen again. I'm sure you know the GSR ratio was set at 16 for years. When it's allowed to flow freely, it doesn't just go to 120 overnight. It takes time. It only fell to 38 because silver had an insane nonsense runup to $49 followed by an all out collapse in price. So if you do see the GSR correct to 70 ever again I hope you will run not walk to unload it before the price collapses yet again. The price of oil in 2011 was $100 per Barrell. With fracking, good luck living long enough too see that again. Spoiler Alert - you won't. Silver price is heavily tied to the price of oil. Gold is not. So yes, you and I will never see GSR 68 ever ever again. I'm not saying it won't correct from this 120, it will. But 68 again - never.[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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