$6 of Gold, Silver and Copper

Discussion in 'General Precious Metals Discussion' started by Cind3r, Aug 19, 2018.

  1. Cind3r

    Cind3r Active Member Silver Stacker

    Joined:
    Sep 11, 2012
    Messages:
    257
    Likes Received:
    148
    Trophy Points:
    43
    Location:
    Adelaide
    Evening.

    I wanted to share a couple of images to show the different amounts of metals (Gold, Silver and Copper) with very similar fiat value (not exact).

    Each pile has a melt value of about $6.
    The problems with this for me as a stacker with the different metals are:
    • You cant buy copper at spot or even close. But you can sell it above spot easily.
    • Silver can be bought close to or at spot but you its hard to sell it much above spot.
    • Gold is easily sold at spot or above but very hard to buy below spot.

    rsz_1gsc_scale_1.jpg

    rsz_1gsc_scale_2.jpg

    Anyway thats my "before bed" post :)
     
    Groges, Currawong and GoldenEye like this.
  2. Ian Gillman

    Ian Gillman Active Member

    Joined:
    Jan 28, 2018
    Messages:
    118
    Likes Received:
    94
    Trophy Points:
    28
    That is one of the reasons why I like Silver, you get just the right amount of metal for your dollar.
     

Share This Page