the GSR has dropped from 45 to 35 in under 2 Months .. At this rate we could see the much hyped 15:1 before the end of the year
If it does get down to 15 to 1 then any price rise will probably be tied in with the price of gold. Gold up 15 silver up 1. For the past 2 years or so silver has been rising faster than gold. A GSR may see silver hold its value but the days of large % rises may be over. Then again it could defy history and go below 15 to 1. Who knows? Only time will tell. Regards Errol43
where is this lastest rise going to end? I don't want to put a kiss of death on it but WTF! I was just waiting for a short dip but none in sight It's like betting on heads for 2UP and it has been heads for about 50 goes in a row I wonder will there be silver kooks flip on Anzac day eh! :lol:
I decided to play starcraft 2 for an hour and come back to see that the POS is up even more, what is going on here!
This is why you cost average. It might pull back, it might go up more. With a few ounces in the hand, are you questioning whether you have more fiat or less? Your wealth is measured in ounces, not dollars.
lol I wish I could, I have a genetics exam tomorrow night. I'm studyin and watching the price of silver at the time, this is so exciting