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paperplane
3rd December 2009, 01:45
I've been contemplating on trading 10 ozers of my Gold stack for a monster box, but not sure if its a good idea or not? yay or nay? :confused:

aequitas
3rd December 2009, 02:13
10 oz of gold at a spot price of $1217 is worth $12170

So a monster box for $12170 comes out to $24.34 per ASE

With spot for Silver at $19.25 thats way to large of a premium.

9 oz of gold would be a fair deal for a monster box.

paperplane
3rd December 2009, 03:00
10 oz of gold at a spot price of $1217 is worth $12170

So a monster box for $12170 comes out to $24.34 per ASE

With spot for Silver at $19.25 thats way to large of a premium.

9 oz of gold would be a fair deal for a monster box.

yeah, thought id add to that mon'star' :D considering there would be some to spare. appreciate your technicals

aequitas
3rd December 2009, 04:00
In the long run if the Gold to Silver ratio returns closer to 1:16 it could be a better investment. However for the moment it seems like gold is rising faster due to central bank buying and hedge funds going long.

akak
3rd December 2009, 04:49
In the long run if the Gold to Silver ratio returns closer to 1:16 it could be a better investment. However for the moment it seems like gold is rising faster due to central bank buying and hedge funds going long.


Yes, all good reasons why I still feel comfortable having some gold to go along with the silver. I hope that doesn't mark me as a "traitor" to silver here! :eek:

(Now don't anyone go lumping me in with the Duneyman!)

MasterQ
3rd December 2009, 07:41
Yes, all good reasons why I still feel comfortable having some gold to go along with the silver. I hope that doesn't mark me as a "traitor" to silver here! :eek:

(Now don't anyone go lumping me in with the Duneyman!)

Not even close.

Isn't it commonly said that gold is for retirement and silver is for trading the ratio?

Gold insures your silver profits as well so don't fret!

-Q

argent_pur
3rd December 2009, 09:08
Yes, all good reasons why I still feel comfortable having some gold to go along with the silver. I hope that doesn't mark me as a "traitor" to silver here! :eek:

(Now don't anyone go lumping me in with the Duneyman!)

Nah...I have and buy both as well. A little diversification is good for me:)

Longhaul
3rd December 2009, 11:53
I say nay to a trade for ASEs. If you bought 10 oz. bars at a way lower prem. you gain almost 107 oz. in the deal.

Like Gino's saying, 100 plus oz. of silver is a lot of coin to leave behind on the table.

paperplane
3rd December 2009, 13:16
I say nay to a trade for ASEs. If you bought 10 oz. bars at a way lower prem. you gain almost 107 oz. in the deal.

Like Gino's saying, 100 plus oz. of silver is a lot of coin to leave behind on the table.

:eek:hmm... thats some good food for thought.. and yeah i got it at low prems

paperplane
3rd December 2009, 13:17
Not even close.

Isn't it commonly said that gold is for retirement and silver is for trading the ratio?

Gold insures your silver profits as well so don't fret!

-Q

thank you SIFU Q..