GSR monitoring thread

[realbluegold]

I don't know it the admins will like this idea...

 

Currently 71.4

[Danny-boy]

Like it.

[Shamatti]

I swapped  load of silver to gold at 68. This would be a great time for me to swap it back again. Except I am in a different country to my stack, which might make it a little difficult.

 

This is a good idea for a thread, a lot of people are probably unaware of ratios, and how they can help to make money in a falling market.

 

To fill in for the newbies. The GSR is a measure of the ratio of silver to gold for your hard earned cash. So at the moment, 1 Oz of gold is worth 74Oz of silver. So to use me as the example, I swapped about 200 ounces of silver to gold at a ratio of approx 68. If I swapped it all back to silver now at a ration of 74 I would make about 17 and a half ounces of silver profit, out of thin air. (200/68*74)

 

Of course it is not that easy. There are commissions to think of, and premiums etc. But that is the logic behind it.

[Agpanda]

I use it to what i buy.

GSR over 60 and i keep buying silver, under 60 and i start buying gold

[simon13]

70.75 GSR

Sent from my iPhone using Tapatalk

[Shamatti]

Still up above 70, silver still below £11. Now is a great time to buy silver!

[Danny-boy]

I kinda wish I had some gold to swap out!!!

[Shamatti]

Now up to 74.9 - great time to buy silver!

 

Never seen it so high!