Gold or Silver Advice sought

Smittys

I have 20 GAE, would you hold or trade for silver.
Which has the best potential ?

derryb

i stack both, but IMO silver has the most upside - not anytime soon.
If your AGEs are one ouncers contact tulving.com and work out a sellAGE/Buy ASE deal.

OPA

Have you ever considered a gold for platinum swap? Much rarer than gold and has a large industrial demand base geared to economic conditions.

corrected to say what I meant...trade your gold for platinum.

ricko

It is good to have both silver and gold.....Cheers, RickO

SmallTownCoins

With the ratio at 56 to 1 I'd be all over the silver...
My little pea brain says that silver should be about $80 right now...

GRANDAM

Keep the gold and make all new purchases in silver until you get the amount of silver that you desire.

If short on cash for the silver than sell 25% of your gold and you should be able to pick up 250 - 260 oz of silver. Then just keep adding silver as funds become available.

GrandAm

Timbuk3

I would definitely hold the gold !!!

DoubleEagle59

<< <i>With the ratio at 56 to 1 I'd be all over the silver...
My little pea brain says that silver should be about $80 right now... >>



I've been struggling lately with this ratio.

It seems nowadays a ratio of 55:1 is about the norm.

30:1 being low and 80:1 being high.

For this reason, I'd hold an equal weighted value of gold and silver.

At 80:1 then swap gold for silver and at 30:1 swap silver for gold. (whichever comes first)

derryb

consider the tax consequences on profits (even if traded) of getting out of the gold. You are going to owe those taxes sooner or later, just be prepared to pay them from the sale.

nibanny

I personally prefer gold but if I were you I would convert at least 5 ounces into silver.