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1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 06/29/2009 : 12:20:41
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---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 06/29/2009 : 13:21:18
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| Is there a way to make money via the changes in the gold to silver ratio. Ie. if the price of gold fell and silver was steady, would you sell your gold to buy up more silver? or vice versa. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 06/29/2009 : 14:04:37
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quote:
Originally posted by PennySaved
Is there a way to make money via the changes in the gold to silver ratio. Ie. if the price of gold fell and silver was steady, would you sell your gold to buy up more silver? or vice versa.
Yes, if you play the ratios right. Say you trade 1oz of gold for 100 oz of silver. The ratio than goes down to 75:1 You than can take your 100oz of silver and trade them for 1.333oz of gold. You didnt spend any more money, you just simply traded right.
Note that everytime you exchange/trade something their usually is a cost involved like shipping or dealer fees, ect |
Copper Penny Investing
www.portlandmint.com |
Edited by - highroller4321 on 06/29/2009 14:05:52 |
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Silver/Gold Ratio Reversion 2
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