Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
TRYING TO "Play the GSR" -- HORRIBLE IDEA
>
Reply to Thread
Message:
<p>[QUOTE="-jeffB, post: 4518040, member: 27832"]That's because there is no answer. I mean, you <i>could've</i> made money by swapping gold for silver when the ratio was 120-something, and then swapping back when it fell back to 100 -- except that when silver was at its lowest, you couldn't buy it at that price.</p><p><br /></p><p>The spot prices of gold and silver aren't that meaningful to most of us, because we can't buy or sell at those prices; we have to sell at a lower price and/or pay fees, or buy at a higher price and/or pay fees. If you're trying to "swap" gold and silver, you're effectively losing on both ends, because (at least in the venues I can use) you have to sell one and then buy the other.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 4518040, member: 27832"]That's because there is no answer. I mean, you [I]could've[/I] made money by swapping gold for silver when the ratio was 120-something, and then swapping back when it fell back to 100 -- except that when silver was at its lowest, you couldn't buy it at that price. The spot prices of gold and silver aren't that meaningful to most of us, because we can't buy or sell at those prices; we have to sell at a lower price and/or pay fees, or buy at a higher price and/or pay fees. If you're trying to "swap" gold and silver, you're effectively losing on both ends, because (at least in the venues I can use) you have to sell one and then buy the other.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
TRYING TO "Play the GSR" -- HORRIBLE IDEA
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...