inflationhawk wrote:I agree about the gold silver ratio being out of whack right now, but it has been for years. This run up in silver has been very quick. I hate the idea of trying to play trader by going back and forth between gold and silver, but it seems like such an opportunity to cash in some silver for gold that hasn't moved as much. Maybe if silver corrected I could reverse the trade to re-enter silver later. It's a fools game to do try to trade like this, but it seems just as foolish to not take profits after such a runup. Long term though there is compelling reasons to hold silver because of the historic gold/silver ratio.
beauanderos wrote:inflationhawk wrote:I agree about the gold silver ratio being out of whack right now, but it has been for years. This run up in silver has been very quick. I hate the idea of trying to play trader by going back and forth between gold and silver, but it seems like such an opportunity to cash in some silver for gold that hasn't moved as much. Maybe if silver corrected I could reverse the trade to re-enter silver later. It's a fools game to do try to trade like this, but it seems just as foolish to not take profits after such a runup. Long term though there is compelling reasons to hold silver because of the historic gold/silver ratio.
PM me if you want to trade 90% or 999 silver for gold.
beauanderos wrote:I, on the other hand, think that silver will continue to outperform gold. I started selling gold and replacing it with silver at 54:1 and it's now 34:1 or lower. I am now out of gold ounces, but will hold onto fractionals. It could be a smart move to "take some off of the silver table" right now and move it into gold, but my bet is for continued degradation of the ratio toat leastpossibly 20:1 this coming year, if not lower. As long as you are in either metal... can you really get hurt? Nah, don't think so. You are so far ahead of the game as compared to fiat idiots that there is no doubt you will someday be wealthy in comparison.....and Rodebaugh is the coolest guy I know
Country wrote:GOLD and SILVER take turns in their stages of momentum. Until 2010, GOLD was what was on the move. SILVER languished; frustratingly so. Then, in August 2010 and ever since, SILVER has been on fire. It is GOLD that is languishing now. For the longer term capital preservation, you've got to hold both. However, if your game is capital appreciation, you put your money on who's got the hot hand.
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