Trade tip for my Politico Bros

[Tsing Tao]

Trying to think about whether I want to go GLD or SLV (because the GLD/SLV ratio is at all time highs)....inflation is coming, big time, after this issue gets settled.

 

[Snarkhund]

Trying to think about whether I want to go GLD or SLV (because the GLD/SLV ratio is at all time highs)....inflation is coming, big time, after this issue gets settled.

I like physical silver, particularly Maples.

Always figured you could buy a chicken with a silver Maple.

 

[Tsing Tao]

I like physical silver, particularly Maples.

Always figured you could buy a chicken with a silver Maple.

I have a whole giant bag of morgan peace dollars.

 

[Snarkhund]

I have a whole giant bag of morgan peace dollars.

I love Morgans, I collect them in high grades.

 

[El OchoCinco]

Forget XOM (Exxon)..just go out and buy barrels of oil and store them in your backyard and garage at these prices...

 

[vanzandt]

Forget XOM (Exxon)..just go out and buy barrels of oil and store them in your backyard and garage at these prices...

That's why the CME exists Ocho. You can do that from your desktop and keep it stored in Cushing,OK. They'll hold all you can buy until August for $29.50/bbl. Cheap!

 

[Wallet]

Trying to think about whether I want to go GLD or SLV (because the GLD/SLV ratio is at all time highs)....inflation is coming, big time, after this issue gets settled.

I think silver has a higher upside, but hard to store bullion. Need lots o space.

 

[Wallet]

Wow, just took a look at silver. Mid 12’s. Industrial aspect of Silver knocking it down.

Cheap!!!

 

[El OchoCinco]

Not even going to look at the market today.... blech

 

[vanzandt]

Maybe I’m in the minority here but techs and fundamentals say $15-20 bbl is likely. I have no play ATM and I want to get long too. Just seems a bit early.

Good call.