GSR heading for 1:70?

Discussion in 'General Precious Metals Discussion' started by VRS, Apr 22, 2013.

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  1. errol43

    errol43 New Member Silver Stacker

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    So near and yet so far..GSR nearly made 30 to 1. in 2011.

    Oh well! thems the breaks!

    Regards Errol 43
     
    errol43, Apr 22, 2013
    #21
  2. alor

    alor Well-Known Member Silver Stacker

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    alor, Apr 22, 2013
    #22
  3. hihosilver

    hihosilver New Member

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    1998 53
    1999 53
    2000 56
    2001 62
    2002 67
    2003 75
    2004 61
    2005 61
    2006 52
    2007 52
    2008 58
    2009 69

    :cool:
     
    hihosilver, Apr 22, 2013
    #23
  4. BlackSheep

    BlackSheep Well-Known Member Silver Stacker

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    Fark - wish I hadn't looked at the GSR chart now - thanks VRS :lol:

    67.5 is my guess for this leg

    reason for edit; pissed :rolleyes:
     
    BlackSheep, Apr 22, 2013
    #24
  5. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Same here, not waiting for 80:1 though. This bobbing around 59/60 is a bit of a tease!
     
    Jislizard, Apr 22, 2013
    #25
  6. goldpelican

    goldpelican Administrator Staff Member

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    Bought silver today - a GSR of 60 is my "stop buying gold" level. I wouldn't swap gold for silver until at least 65 though, more just a switch in accumulating silver over gold. A lot of my gold was swapped from silver at ratios of 45 or lower though, so I'm already "in the ounces" if I did swap back.
     
    goldpelican, Apr 22, 2013
    #26
  7. metalzzz

    metalzzz Well-Known Member

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    65 is a nice number. 2kg to 1oz. Feels so right changing gold over for this
     
    metalzzz, Apr 22, 2013
    #27
  8. hihosilver

    hihosilver New Member

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    Currently at 61.38 so it slowly moving upwards
     
    hihosilver, Apr 23, 2013
    #28
  9. VRS

    VRS Well-Known Member Silver Stacker

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    [​IMG]
    ;)
     
    VRS, Apr 23, 2013
    #29
  10. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    That is my target as well, so close.

    However $50 was my target for selling my junk silver, so close but so far...
     
    Jislizard, Apr 23, 2013
    #30
  11. markcoinoz

    markcoinoz Well-Known Member Silver Stacker

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    Currently the GSR is 61.78

    The last time it got to around 70:1 was March - April 2009 after having gone upto 80:1 previous year 2008 Nov - Dec.
    After the 2008 high of 80:1, it then reversed all the way down to 31.53 end of April 2011.

    Wonder if we are going to see a similar occurrence with Gold reaching 80:1 before we see a complete reversal of the GSR.

    Cheers Markcoinoz
     
    markcoinoz, Apr 25, 2013
    #31
  12. VRS

    VRS Well-Known Member Silver Stacker

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    Currently 1:66.34

    Jus' sayin...

    Interesting in the context of the last 24-36 hrs' smackdown also...

    Got to be value in there somewhere eh?
     
    VRS, Jun 26, 2013
    #32
  13. Altima

    Altima Well-Known Member Silver Stacker

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    Hmm. I'm assuming all this is with reference to spot price GSR. How's the current physical GSR? Interesting to see which premiums go up first.
     
    Altima, Jun 27, 2013
    #33
  14. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Current unallocated GSR is about 61 (rounding up)

    No idea on physical because you should add postage costs or travel to a dealer into the equation.
     
    Jislizard, Jun 27, 2013
    #34
  15. Macros_The_Black

    Macros_The_Black Member Silver Stacker

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    VRS I hate to get rid of any of my gold - so would you say buy silver now and swap it/sell it to gold once we see below 40 (for example)? I just can't resist the yellow stuff cos it's so cheap as well ... *stuck*!

    Interested in your thoughts (and those of others here)
     
    Macros_The_Black, Jun 27, 2013
    #35
  16. thatguy

    thatguy Active Member

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    no heading to 16:1 :lol:

    300:18
     
    thatguy, Jun 27, 2013
    #36
  17. menotcrimex

    menotcrimex Member Silver Stacker

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    I was wondering if this shake out in gold might end up with a closing GSR before something big for gold. Its closed a bit now, it would seem we are very...very close.
     
    menotcrimex, Jun 27, 2013
    #37
  18. menotcrimex

    menotcrimex Member Silver Stacker

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    Imho I think the smash down is aimed at Gold, Silver is along for the ride.

    The fundermentals for both physical Gold and Silver remain the same.

    So the question remains ( Why the smash down ) there are many reasons of course.

    Given the poor global economic outlook a chance for some sort of reset in Golds price is very possible. You have to do what's right for you but I'm not selling my childrens Gold untill the fog clears. There maybe a better deal to jump ship to silver then? Its all guess work. Good luck
     
    menotcrimex, Jun 27, 2013
    #38
  19. alor

    alor Well-Known Member Silver Stacker

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    GSR top up at 69.06, now is heading back to 50 :)
     
    alor, Aug 13, 2013
    #39
  20. scone

    scone Active Member Silver Stacker

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    gold to crash or silver to catch up?
     
    scone, Aug 13, 2013
    #40
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