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  #1  
Old 06-03-2019, 03:21 PM
vintagetoppsguy vintagetoppsguy is offline
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Quote:
Originally Posted by Peter_Spaeth View Post
Isn't silver at near an all time low?
Wouldn't that be the time to buy? I'm still bullish on it.

Silver is pulled from the ground at a 9:1 ratio over gold. For every 9 ounces of silver that is mined, one ounce of gold is mined. So if it comes out of the ground at a 9:1 ratio, why is there a price difference of nearly 90:1?

Doesn't something have to give? Either gold comes down or silver goes up?

You can follow the herd. I'll be myself.
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  #2  
Old 06-03-2019, 03:23 PM
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Quote:
Originally Posted by vintagetoppsguy View Post
Wouldn't that be the time to buy? I'm still bullish on it.

Silver is pulled from the ground at a 9:1 ratio over gold. For every 9 ounces of silver that is mined, one ounce of gold is mined. So if it comes out of the ground at a 9:1 ratio, why is there a price difference of nearly 90:1?

Doesn't something have to give? Either gold comes down or silver goes up?

You can follow the herd. I'll be myself.
I do think it may well go up from here but I read your post to be implying that you made a good move buying it 3 years ago which implied you had done well with it so far.
Your math seems flawed though, it isn't just a question of quantity but I am sure you know that.
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Last edited by Peter_Spaeth; 06-03-2019 at 03:24 PM.
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  #3  
Old 06-03-2019, 03:26 PM
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https://www.oregonlive.com/business/...d-scandal.html

local press coverage
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  #4  
Old 06-03-2019, 04:37 PM
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Originally Posted by Peter_Spaeth View Post
Just because PWCC's statement uses passive voice to minimize their culpability doesn't mean the article writers have to follow their lead. I'd like to see active verb usage in the future.
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  #5  
Old 06-03-2019, 03:29 PM
vintagetoppsguy vintagetoppsguy is offline
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Originally Posted by Peter_Spaeth View Post
I do think it may well go up from here but I read your post to be implying that you made a good move buying it 3 years ago which implied you had done well with it so far.
Your math seems flawed though, it isn't just a question of quantity but I am sure you know that.
Read post #81 in the same thread. I sold a lot during that time.
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  #6  
Old 06-03-2019, 03:23 PM
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Quote:
Originally Posted by vintagetoppsguy View Post
Wouldn't that be the time to buy? I'm still bullish on it.

Silver is pulled from the ground at a 9:1 ratio over gold. For every 9 ounces of silver that is mined, one ounce of gold is mined. So if it comes out of the ground at a 9:1 ratio, why is there a price difference of nearly 90:1?

Doesn't something have to give? Either gold comes down or silver goes up?

You can follow the herd. I'll be myself.
Gold has better momentum:
https://twitter.com/NorthmanTrader/s...14569693532162


Sorry let me post something about this topic to not get off point:

Quote:
Originally Posted by Exhibitman View Post
Last edited by joshuanip; 06-03-2019 at 03:25 PM.
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  #7  
Old 06-03-2019, 03:36 PM
vintagetoppsguy vintagetoppsguy is offline
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Originally Posted by joshuanip View Post
Gold has better momentum:
If you like gold, buy gold. The point of my question remains the same. What would you rather be holding right now? 50K in gold? 50K in silver? 50K in some other investment of your choice? Or 50K in high grade cards?

In the thread I linked, the OP had probably 100+ suggestions of cards to invest in. I was the only one that suggested an alternative to cards. Whose investment advice looks better right now? My overall point is, I don't mind being out on that limb all by myself as Peter suggested.
Last edited by vintagetoppsguy; 06-03-2019 at 03:48 PM.
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  #8  
Old 06-03-2019, 03:46 PM
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Not 50K in CLCT stock. Down over 9% today. I guess someone thinks they’re going to have a problem.
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  #9  
Old 06-03-2019, 03:49 PM
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Originally Posted by CuriousGeorge View Post
Not 50K in CLCT stock. Down over 9% today. I guess someone thinks they’re going to have a problem.
Not because it up 50% from january...
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  #10  
Old 06-03-2019, 04:09 PM
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Not because it up 50% from january...
Even more of a reason why it has plenty to fall. Volume slightly higher than normal but any kind of real selling looks like it will crush the price.
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  #11  
Old 06-03-2019, 03:53 PM
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Originally Posted by CuriousGeorge View Post
Not 50K in CLCT stock. Down over 9% today. I guess someone thinks they’re going to have a problem.
Volume unusual?
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The flip is the commoodity.
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