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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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<p>[QUOTE="goldcollector, post: 4519150, member: 9088"]Yes there was massive gains to be made by trading silver for Gold. I never said that wasn't the case. In the long run Gold always wins. The problem is they are always pounding the "trade your gold for silver" line. Whether the GSR is in the 30s, 40s,50s, 60s whatever, they are always saying trade gold for silver. That is always a losing play. To think the GSR was just 38 a few years ago and it's ~ 104 right now. To think that since the day this thread started, Gold is up ~ $ 600 and silver is actually DOWN. Under normal circumstances I think it would be a great move to trade silver for Gold but right now I wouldn't as 104 is pretty high. However at the start of this thread it was 68 that was a great time. We will never see 68 again. Never.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 4519150, member: 9088"]Yes there was massive gains to be made by trading silver for Gold. I never said that wasn't the case. In the long run Gold always wins. The problem is they are always pounding the "trade your gold for silver" line. Whether the GSR is in the 30s, 40s,50s, 60s whatever, they are always saying trade gold for silver. That is always a losing play. To think the GSR was just 38 a few years ago and it's ~ 104 right now. To think that since the day this thread started, Gold is up ~ $ 600 and silver is actually DOWN. Under normal circumstances I think it would be a great move to trade silver for Gold but right now I wouldn't as 104 is pretty high. However at the start of this thread it was 68 that was a great time. We will never see 68 again. Never.[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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