Talk about a 50/50 split!
zrlevin
Posts: 734 ✭✭✭
At today's close, my gold inventory was worth fifteen cents less than my silver inventory. My target has always been a 50/50 gold/silver split. I guess I should get my file out and even them up.
Sorry, I was bored and its been a slow day on the forum.
Sorry, I was bored and its been a slow day on the forum.
Zach
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I too have been lately striving for a near 50/50 split. Running the numbers on my "bulk" collection (negates any 90% laying around, or 1 gram gold bars here and there, etc) my allocation is:
Au - 52.9%
Ag - 43.2%
Pt - 3.9%
Three choices
a) rebalance. sell silver and turn it into gold and get back to 70/30
b) stand pat at 60/40 and keep buying and maintainting that ratio
c) buy more gold with other assets to get back to 70/30
I'm learning towards C
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
A while ago my allocation was: Au 50% / Ag 40% / Pd 9% / Pt 1%.
At today's spot it is the following.
Au 84%
Ag 8.5%
Pd 5%
Pt 2.5%
44.2% Au
21.5% Pt
0.5% Pd
Last time I checked, silver was around 25%
No reason not to let it ride.
I knew it would happen.
60% Ag