Played the spread yesterday!

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

Played the spread yesterday!

Postby TXTim » Thu Aug 04, 2011 9:12 pm

Back when silver got near $50 a several weeks ago, I traded 90 ounces of silver ASE's for 3 ounces of gold AGE's to a local dealer.
I brought the same same AGE's in yesterday and recieved 120 ounces of Apmex 1 ounce bars in trade. :D
Last edited by TXTim on Fri Aug 05, 2011 8:54 pm, edited 2 times in total.
Beer is my currency
User avatar
TXTim
1000+ Penny Miser Member
 
Posts: 1318
Joined: Mon Oct 29, 2007 10:00 am

Re: Played the spread yesterday!

Postby Rodebaugh » Thu Aug 04, 2011 9:22 pm

You mean 3 AGEs .......but I follow.

Nice work changing lanes to fatten the stack. Playing the AU:AG ratio like a pro. ;)
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm

Re: Played the spread yesterday!

Postby frugalcanuck » Thu Aug 04, 2011 9:34 pm

Thats a great way to profit. Never having to hold any fiat.
"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent." John Kenneth Galbraith 1975
frugalcanuck
Penny Hoarding Member
 
Posts: 753
Joined: Sun Apr 25, 2010 10:00 am

Re: Played the spread yesterday!

Postby TXTim » Fri Aug 05, 2011 8:53 pm

Rodebaugh wrote:You mean 3 AGEs .......but I follow.

Nice work changing lanes to fatten the stack. Playing the AU:AG ratio like a pro. ;)


Thanks- yes AGE's - too many buds prior to posting! :D
I'll edit.
Beer is my currency
User avatar
TXTim
1000+ Penny Miser Member
 
Posts: 1318
Joined: Mon Oct 29, 2007 10:00 am

Re: Played the spread yesterday!

Postby TXBullion » Sat Aug 06, 2011 1:46 am

nice
User avatar
TXBullion
Too Busy Posting to Hoard Anything Else
 
Posts: 4779
Joined: Fri Apr 09, 2010 3:00 pm

Re: Played the spread yesterday!

Postby twentybux » Sat Aug 06, 2011 6:33 am

TXTim wrote:
Rodebaugh wrote:You mean 3 AGEs .......but I follow.

Nice work changing lanes to fatten the stack. Playing the AU:AG ratio like a pro. ;)


Thanks- yes AGE's - too many buds prior to posting! :D
I'll edit.

If only you could have loaded the dealer with buds before yo made the trade. :D
"If 'ifs and buts' were candies and nuts we'd all have a happy Christmas." -- Coach Jackson (my 8th grade track coach)

feedback: http://realcent.org/viewtopic.php?f=32&t=1585
twentybux
1000+ Penny Miser Member
 
Posts: 1384
Joined: Mon Mar 01, 2010 10:00 am
Location: The Show-Me State

Re: Played the spread yesterday!

Postby fb101 » Sun Aug 07, 2011 3:56 pm

i need a dealer that makes trades like that.
User avatar
fb101
Too Busy Posting to Hoard Anything Else
 
Posts: 4039
Joined: Mon May 05, 2008 3:00 pm
Location: Phila suburbs


Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 65 guests