Should I buy Silver and Gold?

[peanuts]

Sold 2/3 GRS at 10.68 and 1/2 F at 8.69 . Maybe I'll lay low for the rest of the year.

Peanuts, I can't weigh every penny even though I've got free time I don't have that much.

----------billy

Nice trading! Are you going to let the rest of that GRS run to the moon?

Try weighing them as you sort them. Either that or don't bother and just spend them.

[billyjoe]

Sold 2/3 GRS at 10.68 and 1/2 F at 8.69 . Maybe I'll lay low for the rest of the year.

Peanuts, I can't weigh every penny even though I've got free time I don't have that much.

----------billy

[peanuts]

You know how the zinc/copper coated pennies corrode when exposed to the elements? I've got about 20 pounds of 1982 pennies of which 75% or more will be copper but how can a persom be sure? I'm going to start soaking the bunch in water and maybe put them outside in the cold weather, those not 95% copper will show signs of deterioration within 30 days is my guess.

-----------billy

copper pennies weigh 3.1 grams and zinc pennies weigh 2.5 grams.

[billyjoe]

You know how the zinc/copper coated pennies corrode when exposed to the elements? I've got about 20 pounds of 1982 pennies of which 75% or more will be copper but how can a persom be sure? I'm going to start soaking the bunch in water and maybe put them outside in the cold weather, those not 95% copper will show signs of deterioration within 30 days is my guess.

-----------billy

[billyjoe]

GRS now 10.37 and F 8.41 so I'm doing well.
Last 5000 pennies % of copper 27.5%, 31.7%, 32.5% so there's $$ to be made in your spare time. Better than smokin'.

-------------billy

[peanuts]

GRS hits 9.04 and I'm laughing all the way to the back yard where I'm buryin' my gold.

------------billy

This is great news, billyjoe. I'm glad that you're on the bus. Spread the word.

[billyjoe]

GRS hits 9.04 and I'm laughing all the way to the back yard where I'm buryin' my gold.

------------billy

[billyjoe]

GRS last 2 trading days range 7.84- 8.78. Bot big chunk at 7.93. Close today 8.48. GRS according to my calculation gets 1/2 revenue from gold 1/2 from silver although with the name Gammon Gold seems to react in price more in line with gold than silver. Looks like a safe bet for a while.

------------billy

GRS earnings results for 3rd quarter before market opens Nov. 12th

[peanuts]

peanuts - SLV looks good here after this p/b whatcha tink?

I like it. The stop is close, so the risk is low.

[dmk112]

peanuts - SLV looks good here after this p/b whatcha tink?

[billyjoe]

Bot more GRS at 7.93. If this is my Waterloo I'll not be heard from in these parts again. Also heavily in F at 6.95.

---------billy

[billyjoe]

GRS hurtin' . Bot more at 8.15. Copper % in rolls going down. Now about 26.

----------billy

[billyjoe]

Bot more GRS @8.78

--------billy

[billyjoe]

Don't tell anybody but I think those Coinstar coin rolling machines in the banks are defective. In addition to charging 8% (that's what it was a few years ago) they also regularly put your dimes in rolls of pennies. I found 2 more today and have found as many as 3 dimes in a roll of pennies. Keep up the good work, Coinstar.

------------billy

[Websman]

Peanuts,

I did get it at 8.90 and there's been no lookin' back. Currently afterhours it's 9.48.

-----------Still filling the attic with copper rolls. Holding steady at 25-30% copper per roll checked.

------------billy

I have some scrap copper to sell..... Maybe I should hold out for a higher price.