With gold at $850 today, the Gold/Slinky ratio touched the magic 200 level. (Slinkys retail for $4.25.) If it breaks 200, watch out! I'm told the next support level is 184!
A G/S ratio of 184 would put gold at $782.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
This thread needs to be taken to the slinky forum.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>I admit that the fascination with gold's aesthetic and tactile qualities is a source of real value.
But it seems to me that a Slinky is even cooler than gold, and should be worth more.
What am I missing?
>>
You've been hitting the absinthe again, haven't you??? TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Comments
There are "slinkies" that are worth more than an ounce of gold for sure!
"Keep your malarkey filter in good operating order" -Walter Breen
<< <i>I thought this was about gold vs. hot babes before I opened it.
There are "slinkies" that are worth more than an ounce of gold for sure!
You would have to have access to unlimited funds for this slinky.
this is a great thread....and i can't answer the OP's question.....a slinky is way cool
A G/S ratio of 184 would put gold at $782.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
the slinky thread is resurrected again!
<< <i>Here's a 14KT Gold plated Brass Slinky used to be about $89... but now with GOLD up sells for close to $130
I want one
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Why is an ounce of gold worth so much more than a Slinky? >>
This is really a no-brainer.
Gold makes a really good door stop whereas a slinky, at its best, can accompany you down the stairs. Geez.
<< <i>I admit that the fascination with gold's aesthetic and tactile qualities is a source of real value.
But it seems to me that a Slinky is even cooler than gold, and should be worth more.
What am I missing?
You've been hitting the absinthe again, haven't you???
TD
Maybe so, but I did call for support at $782. That has to count for something.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.