Who's pockets are hurting?

[sammysilver]

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.

 

[mmm....shiney!]

Bulls make money, bears make money, Pigs get slaughtered.
Buy low, sell high. To be a learning, eventual sucessful investor you must fight these inner emotions, as like the rest of the herd, acting on them is the wrong thing to do.
How many times have you guys traded equities or deriratives, and sold just before a spike in price, or absolutely beleived that your trading platform was stop hunting your trades? Why get the jitters with silver now, it wasnt a fundamental push up, its not a fundamental push down, its all trading, it built it up and now coming down.

Also what is GSR? Im also sick to death of this useless fiat idea around here.

Thanks

GSR Ratio used as a benchmark to trade between the two metals-What a crock

REDBACK

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.

 

[bennybbc]

Anyone want a quick profit, I'll take spot + 35% and throw in free shipping!

 

[Guest]

Bulls make money, bears make money, Pigs get slaughtered.
Buy low, sell high. To be a learning, eventual sucessful investor you must fight these inner emotions, as like the rest of the herd, acting on them is the wrong thing to do.
How many times have you guys traded equities or deriratives, and sold just before a spike in price, or absolutely beleived that your trading platform was stop hunting your trades? Why get the jitters with silver now, it wasnt a fundamental push up, its not a fundamental push down, its all trading, it built it up and now coming down.

Also what is GSR? Im also sick to death of this useless fiat idea around here.

Thanks

GSR Ratio used as a benchmark to trade between the two metals-What a crock

REDBACK

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.

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

 

[mmm....shiney!]

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

Have also googled JBFR and drew a blank there.

 

[millededge]

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

that's pretty sweet

 

[millededge]

under 750 it's a fiesta

I remember feeling guilty about buying at 750 last quarter 2010

how times change

 

[Guest]

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

Have also googled JBFR and drew a blank there.

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

 

[mmm....shiney!]

Anyone want a quick profit, I'll take spot + 35% and throw in free shipping!

35% - child's play.

ebay.com.au item number 320693884648

 

[jnkmbx]

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.

 

[mmm....shiney!]

I'll be dead in decades

 

[Graeme]

Graeme...the way silver is going tonight by the morning you will be 15% in the red like a few of us I guess !!!

I have a stack that is now 40% gold and that is up 20% in value for me so that makes me happier.

 

[RetardedMonkey]

Even if the price doesn't move for decades, I'll be glad I have something I can hold onto and does not expire.

This end game works for me too.

 

[C_Heath]

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.

 

[Mr Medved]

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!