GSR Nosedive

Discussion in 'General Precious Metals Discussion' started by Jislizard, Mar 22, 2015.

  1. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Nice drop, and then followed by another nice drop. I wonder if it will go further down, mid to low 40s would be nice.
     
    Jislizard, Mar 22, 2015
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  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Is that the point when it would be advantageous to flip silver for gold? I have some unallocated silver for such an eventuality.
     
    SpacePete, Mar 22, 2015
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  3. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    That's what I am holding out for.

    I could do it a bit higher but by the time you add in all the fees and premiums the return would not be so good, plus anything around the 50s I still consider a 'buy' for silver.
     
    Jislizard, Mar 22, 2015
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  4. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    At this rate of fall, we'll be down to 16:1 late May!

    So I am going to do everyone a favour and offer 20oz silver for 1oz gold today. Get in quick!
     
    sammysilver, Mar 22, 2015
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