I Got Confused
When I first heard of this Gold/Silver Ratio trading strategy, I thought what it meant was you buy both, that the ratio would seek the historical norm, the difference in price between the two would draw closer together, so just as long as you held both, you couldn’t get hurt, sounds a lot like every time you loose a hand of blackjack, sitting at a table in Vegas, you double up your next bet! Sometimes I’m so stupid, wait a minute, its just that sometimes, I can be just a little slow, I get it now, I got all out of dollars, this strategy is all about not going back, at least not back into that silly paper stuff, I didn’t read nothing in this strategy about a double down , I think what we got here is one of those exponential curves! As I see it, I’m afforded this opportunity to move greed out from the equation, no longer chasing those elusive dollars, those dollars that I never seem to have enough of anyway. In 1497, the spanish dollar, the “Real de a ocho” was first minted, the coin on which the US Dollar, our US currency was based, I think its kinda cool, I’m kinda getting back to old school, changing my paper back into something that has a little sparkle and shine a, “a Piece Of Eight” a piece that’s held its value thru centuries. I don’t even begin thinking I control any this, only observation, you know, lay back, play black or red, just try to stay in sync with the trend. Ya know, the money I’m in, is money I would have pissed away anyway, I could always stand to buy a little more gas, go off on another trip to the mall, I’ll tell ya this, watching the ebb and flow in the price of silver and gold, by a long shot, is a lot more exciting than a Facebook. I was lost, oh yea, wait a minute, Alex called and said he found more lost, that’s right, hold on,”I Was Confused”, that’s my title, Alex said he would bring over the Lost he found, you can all expect to find me more confused tomorrow. OK, that should explain a lot, glad I got a chance to put that out there, feels good getting it off my chest. Back to the issue at hand, oh yea, that ah ha moment when I finely got my brain to wrap around this concept of changing silver over to gold when the ratio is low, that when the ratio swings back the other way, trading back to silver. I’m new to all this, a pretty good time to come in, watching these metal markets over these last few months has been exciting, I think I’ve learned a lot, my buddy Bob told me his formula to success with heavy metals, whatever he believes to be the direction the market will take, he counts on it moving opposite, says these markets aren’t for the faint of heart! I think I’ll just wait with what I got, watch it all a little longer, try and learn a little more!
Tags: blackjack, currency, dollars, exponential, gold silver ratio, GREED, heavy metals, lost, markets, old school, piece of eight, silver and gold, spanish dollar, sparkle and shine, strategy, trend, US dollar, vegas