Who's pockets are hurting?

Discussion in 'Silver' started by bond007, May 12, 2011.

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  1. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Spot is $31.
    60% x $31 = $18.60.
    Spot plus 60% is $31 + $18.60 = $49.60.

    Subtract your eBay and PayPal costs then add any profit on postage, and you'll probably pocket $47.
     
    sammysilver, May 12, 2011
    #41
  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Interesting Redback, I tend to agree. The commonly quoted historical GSR of 16:1 is now a useless indicator. Pray tell more concerning your ideas of the GSR.
     
    mmm....shiney!, May 12, 2011
    #42
  3. bennybbc

    bennybbc Member Silver Stacker

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    Anyone want a quick profit, I'll take spot + 35% and throw in free shipping!
     
    bennybbc, May 12, 2011
    #43
  4. Guest

    Guest Guest

    Ok but its lengthy and complicated so .try to keep up.ok it goes like this.
    "The GSR is a total CROCK"..Its like using the JBFR (Jesus's Basket of Fish Ratio)..For every basket he pulled out 120 fish...no hang on 80..or was it 50 ...long time ago--- can't remember anymore..;)

    REDBACK
     
    Guest, May 12, 2011
    #44
  5. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Well, took some thought, but I think I understand your train of thought. :D

    Have also googled JBFR and drew a blank there.
     
    mmm....shiney!, May 12, 2011
    #45
  6. millededge

    millededge Active Member

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    could be under a k for a pamp kg in the morning

    that's pretty sweet
     
    millededge, May 12, 2011
    #46
  7. millededge

    millededge Active Member

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    under 750 it's a fiesta

    I remember feeling guilty about buying at 750 last quarter 2010

    how times change
     
    millededge, May 12, 2011
    #47
  8. Guest

    Guest Guest

    LOL... I'm not a complicated man and i can't use profanity to describe the GSR ratio soyour left with the Jesus story.sorry man.. ROFL

    Take care my friendbut i will say any time someone starts a trade off with i'll take your gold for silver at the current GSR ratio,i know i am going to get screwed

    REDBACK
     
    Guest, May 12, 2011
    #48
  9. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    35% - child's play.

    ebay.com.au item number 320693884648
     
    mmm....shiney!, May 12, 2011
    #49
  10. jnkmbx

    jnkmbx Well-Known Member

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    It's not my pockets that are hurting. >_>

    ha ha, well not really, I'm still in the green, but I won't mind getting in the red if I do.
    Even if the price doesn't move for decades, I'll be glad I have something I can hold onto and does not expire.

    If these were stocks I'd be selling at a loss because companies come and go.
     
    jnkmbx, May 12, 2011
    #50
  11. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    I'll be dead in decades
     
    mmm....shiney!, May 12, 2011
    #51
  12. Graeme

    Graeme Member Silver Stacker

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    I have a stack that is now 40% gold and that is up 20% in value for me so that makes me happier. :)
     
    Graeme, May 12, 2011
    #52
  13. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    This end game works for me too.
     
    RetardedMonkey, May 13, 2011
    #53
  14. C_Heath

    C_Heath New Member

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    Im hurtin. I got in at $39 and as soon as it breaks back, Im selling it all. Too broke to hold it long term.
     
    C_Heath, May 13, 2011
    #54
  15. Mr Medved

    Mr Medved Member

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    No significant purchases since Jan/Feb so am still up. No metal was bought with debt so I can sit on it without being too concerned.

    I tend to agree with hobo-jo, end of QE2 may result in POS weakness and asset prices in general. Happy to build cash reserves with smaller procurements of bullion (moreso gold than silver). I have a feeling metal shares will tank in the short-term but bullish in the longer-term... sell in May and go away!
     
    Mr Medved, May 13, 2011
    #55
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