A poll and discussion about allocation of personal bullion. What would YOU do?

PutTogether

Please answer and discuss. Should give some insight into what people feel is in store for the two metals.

Wingsrule

I'd swap into 100% gold. GSR is at historically low levels and I do not believe it will go much farther. But I could be wrong.

bstat1020

Turn it into gold is my vote. Trading on the GSR right now is a good deal IMO.

RedHerring

I went heavily into silver last year, dumping about $20K in gold (15ozs) and buying numismatic coins and silver. Why? Because I wanted to. Certainly not because I knew what would happen.

Right now? I'd wait for silver to cross the $50 mark, which should happen this spring, before moving out of silver. My gut feeling is that the silver:gold ratio will fall all the way to 20:1. Remember silver has many other uses besides being money (gold is only money) and gold is only 4 times scarcer the silver. $100 silver is very possible in the next few years.

Just my 2 cents.

DNADave

I have about 7K in silver and about 4.5K in gold.

I'm sitting on it. I'm squirming in my seat, but I'm sitting on it.

In fact, I'm bidding on some coins at Heritage to add to my coin collection and I'm walking away from the metals game until the frenzy dies down. If it doesn't die down, I'll sit back and watch.

Well, maybe I'll still buy an ounce or two here and there.

BBQnBLUES

I'm not in any hurry to Liquidate my silver bullion.

Still trying to figure out at what $/oz will change my mind..

rpw

I have a bit more than $10K in silver, gold as well. As I recall the last time I checked about 1:1.6 AU:AG by value. I fully expect that, before we see the end of this, the Gold Silver Ratio will return to it's historical and natural ratio of 17.5:1. I am patiently holding until at least that time. Right now that's north of $80/oz.

I expect AU to move up relentlessly as long as .gov and FRB remain on their insanely destructive course so I have no idea where the price of silver will run up to. I have heard it said, and I am starting to think that there may some truth to it, that at sometime in the future one will be able to purchase a house for the equivalent of a couple hundred ounces of silver.

I also expect that when the party's over, the DOW will reach parity with an ounce of gold. That's probably when I will switch from PM to stocks.

PutTogether

More than half of you are choosing "do nothing, stick with silver."

I'm curious then as to the natural corollary of that..........if you had $10,000 worth of gold instead, would you sell it to buy $10,000 worth of silver?

DoubleEagle59

I votedm to 'keep it'.

As you asked, I would currently have 50% value in silver and 50% value in gold.

Then depending where the GSR swings to, I would trade accordingly.

Mesquite

I'm in the same camp as DE59.

dpoole

<< <i>More than half of you are choosing "do nothing, stick with silver."

I'm curious then as to the natural corollary of that..........if you had $10,000 worth of gold instead, would you sell it to buy $10,000 worth of silver? >>



First of all, what do we know?

Second: if I had all gold, I'd sell some and buy silver, just because silver can give you more dollars per dollar appreciation, and there's reason to believe silver still has a lot of upside.

But if you'd followed me around for investments all my life, we'd have a lot in common. And not all of it would be good.

Overdate

This isn't one of the choices, but I would keep half the silver and trade the other half for platinum. I'm betting that both metals will outperform gold over the next few years.

jmski52

I'm at about 50% gold, 30% silver and 20% platinum, but I'm trying to keep it close to 50/25/25. Silver's fast rise and puck mania messed with my allocations, so now I am in the hunt for platinum until things get back to "normal".

Frankiefanatic

since having both in approximately 10K- the logic to sell off some gold to builds the silver stock pile is advantageous to some degree- IF silver keeps its current rise.

but there will be several corrections over the next 3 months that will hinder the proverbial $50.00/oz in silver, thus buying heavy when it slides on the down is good- but bulk it up and hold on until the turn.

Gold will steady in the next 3 mos. at or around the 1490 mark- a slight drop to 1470 in late May and a big bounce to hold in at 1490 by end of July.

I hope this scenario works out. edit- damn fat fingers..

Konahead

<< <i>More than half of you are choosing "do nothing, stick with silver."

I'm curious then as to the natural corollary of that..........if you had $10,000 worth of gold instead, would you sell it to buy $10,000 worth of silver? >>



How about you have both, why is it one or the other?

PutTogether

<< <i>

<< <i>More than half of you are choosing "do nothing, stick with silver."

I'm curious then as to the natural corollary of that..........if you had $10,000 worth of gold instead, would you sell it to buy $10,000 worth of silver? >>



How about you have both, why is it one or the other? >>



It is only one or the other in a very specific circumstance. I'm specifically asking those who (in my hypothetical situation) have chosen to just keep $10,000 worth of silver and run with it, what they would do if INSTEAD of $10,000 worth of silver, they had $10,000 worth of gold. So far, 56% of people have chosen this option. Obviously, they believe in silver, because in my scenario, they've decided to not even turn a portion of it into cash or gold. I'm asking of those people, these silver enthusiasts,......if the roles were reversed, would they go so far as to sell gold to buy silver.