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GSR - Time to Flip?

KUCHKUCH Posts: 1,186
in Precious Metals
The gold to silver ratio is climbing. How many of you are thinking of liquidating some gold and buying silver? At what ratio would you make the move?

Comments

  • DrBusterDrBuster Posts: 5,432 ✭✭✭✭✭
    I just traded 10oz of silver for almost an oz of gold. Did I do it wrong? Ha
  • Kd5ddoKd5ddo Posts: 208 ✭


    << <i>I just traded 10oz of silver for almost an oz of gold. Did I do it wrong? Ha >>



    That's impressive! How'd that come about?
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

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  • PokermandudePokermandude Posts: 2,713 ✭✭✭


    << <i>

    << <i>I just traded 10oz of silver for almost an oz of gold. Did I do it wrong? Ha >>



    That's impressive! How'd that come about? >>



    I'd assume it ends with "set" and starts with "25th"!
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • DrBusterDrBuster Posts: 5,432 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>I just traded 10oz of silver for almost an oz of gold. Did I do it wrong? Ha >>



    That's impressive! How'd that come about? >>



    I'd assume it ends with "set" and starts with "25th"! >>



    The assumptions would be correct. My box of 2 sets got me the fractionals I posted in the porn thread. Was very happy with the deal.
  • OPAOPA Posts: 17,137 ✭✭✭✭✭
    traded 5 oz of gold for 260 oz of ASE's....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • SoloSolo Posts: 226
    At 60:1 I will start trading back into Ag, and at 65:1 go all in so to speak. When it swings back towards silver strength I'll trade back into Au starting around 40:1 and will be totally out around 35:1. Obviously I'm leaving a lot on the table by not catching the peaks and valleys in the chart, but I've been burned trying to predict the market so I would rather go with what seems like a sure thing when it comes to a trading strategy.

    Of course this year I traded early as I sold plenty of Au in October to get ready for the ASE sets image. I sure wish GSR trades worked out that nicely all the time image...
  • Kd5ddoKd5ddo Posts: 208 ✭
    Dr Buster - Congrats either way mate. image Im a bit jealous...



    << <i>At 60:1 I will start trading back into Ag, and at 65:1 go all in so to speak. When it swings back towards silver strength I'll trade back into Au starting around 40:1 and will be totally out around 35:1. Obviously I'm leaving a lot on the table by not catching the peaks and valleys in the chart, but I've been burned trying to predict the market so I would rather go with what seems like a sure thing when it comes to a trading strategy.

    Of course this year I traded early as I sold plenty of Au in October to get ready for the ASE sets image. I sure wish GSR trades worked out that nicely all the time image... >>



    I was told by my father years ago that any level I use to base my trades on must me drawn with a thick crayon. That being said, I have a portion of my PMs that I use solely for GSR based trades at similar level to you. Im no market savant so the "all in" method makes me wet myself. I have the uncle named Murphy you see... image
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
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