Could you be tempted by the GSR to sell any Gold?

M

menotcrimex

Member
Silver Stacker
I just wondered if anyone with Gold and little to no Silver would be tempted to sell some Gold and buy Silver?

The GSR today is 66 so if it climbs to 70+ / 80+ could it tempt you?

I'm thinking its very tempting but I'm also concerned about a Gold reprice where I am not sure Silver will follow right away?

I know the RGSR ( real gsr ) is lower, Any thoughts?

Cheers
 
Started doing it at 65. Will do it again at 70 if it gets there, and again at 75, 80 etc.
 
I guess I'm just too conservative to exchange gold with silver.

Would only consider doing the other way around.

Would also save me the hassle of trying to explain to the missus why in the world I exchanged the gold stuff for the silver one.
 
Besides odd things that randomly appear, I'm wanting to add new gold at the moment because I think the GSR still has a way to go up yet (and because I love gold). Been wanting to take Steve up on his GSR offers but have basically been too slack to organise getting something out and getting it to Sydney.
 
Above 50, I buy silver. Below 50, I buy gold. At 65, I trade gold for silver, at 35 I trade silver for gold. Always save some gold for that rare 80 to 1, always save some silver for 20 to 1.

JMO. DYODD.
 
bordsilver said:
Besides odd things that randomly appear, I'm wanting to add new gold at the moment because I think the GSR still has a way to go up yet (and because I love gold). Been wanting to take Steve up on his GSR offers but have basically been too slack to organise getting something out and getting it to Sydney.
Click to expand...

Current ratio is 1/66.26
Would be happy to take 2 x 1kg Perth Mint /Pamp silver bars for a 1oz Perth Mint certicard bar. That's about 2ozs less than the current ratio; would that motivate you ? :P
 
menotcrimex said:
I just wondered if anyone with Gold and little to no Silver would be tempted to sell some Gold and buy Silver?

The GSR today is 66 so if it climbs to 70+ / 80+ could it tempt you?

I'm thinking its very tempting but I'm also concerned about a Gold reprice where I am not sure Silver will follow right away?

I know the RGSR ( real gsr ) is lower, Any thoughts?

Cheers
Click to expand...

I have been swapping gold for silver since 1/50. Been just as difficult to get them to release their silver at 1/50 as it is at today's ratio of 1/66
As more people climb onto the bandwagon, I think gold swappers will have to offer better deals/products to effect an exchange.
 
Aurora et luna said:
bordsilver said:
Besides odd things that randomly appear, I'm wanting to add new gold at the moment because I think the GSR still has a way to go up yet (and because I love gold). Been wanting to take Steve up on his GSR offers but have basically been too slack to organise getting something out and getting it to Sydney.
Click to expand...

Current ratio is 1/66.26
Would be happy to take 2 x 1kg Perth Mint /Pamp silver bars for a 1oz Perth Mint certicard bar. That's about 2ozs less than the current ratio; would that motivate you ? :P
Click to expand...
Ooh. You're tempting me. I'll have to see what I've got (without resorting to banged up vintage bars).
 
Thanks for your idea's.
I think in normal circumstances I would sell a little gold for silver as GP said 65, 70, 75 etc.
With articles like this http://mobile.reuters.com/article/idUSL6N0FP1N220130719?irpc=932
Where Russia is not buying gold ? I am getting more and more convinced of a reprice and or gold backed currency. The gold attack seems to be organised on a global scale.

I could be reading it all wrong but with everything else going on such as India restricting its citizens gold buying ( or at least trying to) etc etc then my conclusion deluded or otherwise is as above.

So my next question is assuming the above did happen? How much more will they smash the price down first?
Maybe someone here knows someone who is on the board of BIS? Lol
 
bordsilver said:
Aurora et luna said:
bordsilver said:
Besides odd things that randomly appear, I'm wanting to add new gold at the moment because I think the GSR still has a way to go up yet (and because I love gold). Been wanting to take Steve up on his GSR offers but have basically been too slack to organise getting something out and getting it to Sydney.
Click to expand...

Current ratio is 1/66.26
Would be happy to take 2 x 1kg Perth Mint /Pamp silver bars for a 1oz Perth Mint certicard bar. That's about 2ozs less than the current ratio; would that motivate you ? :P
Click to expand...
Ooh. You're tempting me. I'll have to see what I've got (without resorting to banged up vintage bars).
Click to expand...

Ooh. I'm tempted by the sound of vintage bars. :D
 
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