80/50 Gold Silver Ratio

Mike59

Based on today’s gold and silver closing prices the G/S ratio was 49.61. Are any of you going to start buying gold again (OR) is this time different??
I’m personally thinking of it but I think this time is different. Thoughts?

DoubleEagle59

No, but a little lower ratio (40 to 45 to 1) and I'll start swapping silver for gold.

Back when the ratio was 100 to 1, I swapped 5 ounces of gold for 500 ounces of silver.

That 500 ounces of silver at 50 to 1 will yield me 10 ounces of gold.

derryb

Not until gold gets the same percentage gains at silver. Silver is wupping a$$.

rte592

@Mike59 said:
Based on today’s gold and silver closing prices the G/S ratio was 49.61. Are any of you going to start buying gold again (OR) is this time different??
I’m personally thinking of it but I think this time is different. Thoughts?

Yes, but a certain piece of gold or a great deal on gold ( think pawn shop prices )

blitzdude

@derryb said:
Not until gold gets the same percentage gains at silver. Silver is wupping a$$.

Gutter hasn't even doubled from where it was 4.5 decades ago. The Metal of Kings is up 4x. Something is wuppin a$$ alright and it's certainly not the gutter. RGDS!

softparade

@blitzdude said:

@derryb said:
Not until gold gets the same percentage gains at silver. Silver is wupping a$$.

Gutter hasn't even doubled from where it was 4.5 decades ago. The Metal of Kings is up 4x. Something is wuppin a$$ alright and it's certainly not the gutter. RGDS!

Silver has doubled since just before Halloween LOL. You are so bad at this.

DisneyFan

I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

blitzdude

@DisneyFan said:
I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

I had a dealer recently tell me he doesn't deal in Pt and Pd because it is too easy to get it mixed up with the gutter. LOL. I suppose he had a point. RGDS!

dcarr

@blitzdude said:

@DisneyFan said:
I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

I had a dealer recently tell me he doesn't deal in Pt and Pd because it is too easy to get it mixed up with the gutter. LOL. I suppose he had a point. RGDS!

.

What an incompetent dealer.
Do they get brass mixed up with gold ?

.

blitzdude

@dcarr said:

@blitzdude said:

@DisneyFan said:
I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

I had a dealer recently tell me he doesn't deal in Pt and Pd because it is too easy to get it mixed up with the gutter. LOL. I suppose he had a point. RGDS!

.

What an incompetent dealer.
Do they get brass mixed up with gold ?

.

Didn't think to ask although I would find that highly unlikely. THKS!

PS: I was thinking we could put a symbolic $100FV on those in gutter we trust tokens, similar to what von NotHaus did on the Norfeds. Assuming we can get to $100. I don't know the gutter is starting to look pretty tired to me and may be getting about time for the big reality check. Thoughts? RGDS!

DisneyFan

@blitzdude said:

@DisneyFan said:
I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

I had a dealer recently tell me he doesn't deal in Pt and Pd because it is too easy to get it mixed up with the gutter. LOL. I suppose he had a point. RGDS!

Thought you were familiar with PPLT and PALL ETFs for short term trading.

carew4me

@DisneyFan said:

@blitzdude said:

@DisneyFan said:
I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

I had a dealer recently tell me he doesn't deal in Pt and Pd because it is too easy to get it mixed up with the gutter. LOL. I suppose he had a point. RGDS!

Thought you were familiar with PPLT and PALL ETFs for short term trading.

When everything you post is BS, its hard to keep it straight

blitzdude

@DisneyFan said:

@blitzdude said:

@DisneyFan said:
I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

I had a dealer recently tell me he doesn't deal in Pt and Pd because it is too easy to get it mixed up with the gutter. LOL. I suppose he had a point. RGDS!

Thought you were familiar with PPLT and PALL ETFs for short term trading.

Yes I am VERY familiar with PPLT (THKS! @Coho aka @RedneckHB) BOOMIN!™. Not sure what that has to do with a semi-local dealer not wanting to deal in physical Pt and Pd? THKS!

blitzdude

@carew4me said:

@DisneyFan said:

@blitzdude said:

@DisneyFan said:
I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

I had a dealer recently tell me he doesn't deal in Pt and Pd because it is too easy to get it mixed up with the gutter. LOL. I suppose he had a point. RGDS!

Thought you were familiar with PPLT and PALL ETFs for short term trading.

When everything you post is BS, its hard to keep it straight

And there's my little puppy dog right on queue. Get jealous much? LuLZ!

carew4me

@blitzdude said:

@carew4me said:

@DisneyFan said:

@blitzdude said:

@DisneyFan said:
I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

I had a dealer recently tell me he doesn't deal in Pt and Pd because it is too easy to get it mixed up with the gutter. LOL. I suppose he had a point. RGDS!

Thought you were familiar with PPLT and PALL ETFs for short term trading.

When everything you post is BS, its hard to keep it straight

And there's my little puppy dog right on queue. Get jealous much? LuLZ!

The scalded dog yelps!

bestmr

I’m thinking about trading silver for gold as it’d make my SDB a LOT lighter but I think there’s more room for silver to grow. If it gets closer to 45, I definitely will. I even asked if I would be penalized with tax( Washington state) but I wouldn’t since it’s not a sale.

Wingsrule

Barter is taxable

taxmad

@bestmr said:
I’m thinking about trading silver for gold as it’d make my SDB a LOT lighter but I think there’s more room for silver to grow. If it gets closer to 45, I definitely will. I even asked if I would be penalized with tax( Washington state) but I wouldn’t since it’s not a sale.

You have to do it in one transaction, like a car trade in, if you wish to avoid the sales tax. Sadly your dealer will have to pay B&O on the full amount of the transaction (no deduction for trade-ins)

bestmr

@taxmad said:

@bestmr said:
I’m thinking about trading silver for gold as it’d make my SDB a LOT lighter but I think there’s more room for silver to grow. If it gets closer to 45, I definitely will. I even asked if I would be penalized with tax( Washington state) but I wouldn’t since it’s not a sale.

You have to do it in one transaction, like a car trade in, if you wish to avoid the sales tax. Sadly your dealer will have to pay B&O on the full amount of the transaction (no deduction for trade-ins)

That’s annoying but doable.

Azurescens

@carew4me said:

@DisneyFan said:

@blitzdude said:

@DisneyFan said:
I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

I had a dealer recently tell me he doesn't deal in Pt and Pd because it is too easy to get it mixed up with the gutter. LOL. I suppose he had a point. RGDS!

Thought you were familiar with PPLT and PALL ETFs for short term trading.

When everything you post is BS, its hard to keep it straight

"I know a precious metals dealer who won't deal precious metals."

fathom

Do ratios mean anything anymore? The world is a different place these days.

We can look backwards and see opportunities but its a little like Monday morning quarterbacking.

blitzdude

@Azurescens said:

@carew4me said:

@DisneyFan said:

@blitzdude said:

@DisneyFan said:
I'd be more interested in platinum and possibly palladium at half of the cost of gold.

Unfortunately they are not yellow and are not recognized by the international banking system and central banking community as monetary reserve assets.

I had a dealer recently tell me he doesn't deal in Pt and Pd because it is too easy to get it mixed up with the gutter. LOL. I suppose he had a point. RGDS!

Thought you were familiar with PPLT and PALL ETFs for short term trading.

When everything you post is BS, its hard to keep it straight

"I know a precious metals dealer who won't deal precious metals."

In my case it was actually a coin dealer who specializes in rare coins but also deals gold bullion and gutter metal. He want's absolutely nothing to do with Pt and Pd which is his prerogative. Certainly not the first dealer I have met that has said the same. THKS!