Replies to post #27382 on iShares Silver Trust (SLV)

[HowToBeatTheSystem]

Trading is getting more risky by the week as a couple of high profile individuals have called the top in the market over the weekend so it's definitely getting more complicated so you sure don't want to get stuck holding any bag in any stock but it's always a gamble in the market these days and it's even more of a gamble trying to even figure out or comprehend what those in power are doing or what is really going on behind the scenes across the world but anyway you look at it everyone has their own thoughts, opinions, and beliefs. I think when silver broke support it created an "Absolute" buying frenzy from investors all over so it's curious to see if there is more buying pressure at these prices how silver will react maybe this week and next, especially if they try to dip it again in price. Myself personally I would kinda like to see the feedback on how long it will take for those purchases not only friday but from here on out for the customers to actually receive their shipments. I placed an order with another company for some bullion yesterday but we will see how that turns out. I have tripled my bullion slowly in the past 2 years and have not spent one dime, seriously, hahaha. I have been trading the gold and silver ratio and the local dealers near me get tired of seeing me and can't figure out what I'm doing, heck sometimes I can't figure it out. Friday I traded another ounce of gold for 66 ounces of silver and when the gap closes back again at maybe 59 and lower I will trade my silver back in for gold, I've not exactly figured this strategy out to a tee yet but slowly I have gained several ounces of silver each time which eventually leads to a free ounce of gold, don't let anyone tell you it can't be done, I would love to find more information on this strategy from someone who has more knowledge of this because it is fun and it's a hobby but I'm gaining on each trade but it is time consuming going back and forth alot. Right now Gold is $1216 and Silver is $17.81 so divide $1216 by $17.81 and the ratio is 68.27 last week at one time it was in the 50's so I traded my silver in for an ounce of gold then same week as of now it's 68.27 so I traded my gold in for 66 ounces so just last week alone I gained maybe 7 ounces of silver for free, it's just a hobby that I do but I also still buy at times.