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Poll: Trade silver for gold, gold for silver, or make no move
philographer
Posts: 1,382 ✭✭✭✭✭
Hypothetical. You have a dollar amount in gold, and an equal dollar amount in silver. Is it a good time to trade silver for gold, or gold for silver? Or is it best to keep the allocation as it is currently, an equal $$$ split. What’s your thinking?
My thinking? Keep things as they are. There are benefits to holding both. Each has its own drivers of demand (central bank buying, industrial applications), and a few that are shared (exchange rate/ currency).
At the same time, I’m not a fan of how heavy and bulky silver is!
He who knows he has enough is rich.
Poll: Trade silver for gold, gold for silver, or make no move
This is a public poll: others will see what you voted for.
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I sold gold and bought more silver, kept some cash for other projects. My intention is to buy more gold when the GSR has declined significantly further.
Rick rule sold 80% of his physical silver in order to buy silver mining stocks. He says that the bull market will continue at least another 5 years, but to expect volatility. Others don't expect a retracement in the price of silver and that it is establishing a new price level yet to be determined.
Peter Carlin, Jim Sinclair's co-author doesn't think silver is going back down, Dave Jensen believes that there is a silver squeeze in progress.
I knew it would happen.
The Gold Silver Ratio is headed to single digits, so Silver is going to outperform gold for a while.
take the money.
what a difference four months can make (the money went into AGQ):
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
I say hold the line! If I had a nickel for every time I've heard "this time is different....." This time is obviously different! I'm holding the line as I have no idea how much crazier gold and silver is going to go!
WOW look at all the room in the box, color me envious
I shed a few pounds to get a high end metal detector... should recoup my investment in short order.
Trade some Gold for Platinum. Take a little off the table for Silver. Don't want o be too heavily invested in the metals
It certainly is nice not having to add an additional safe. I can relate. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Just sold that last box. 7500 ASEs sold since Nov 1.
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
I never thought I'd see the day that you made it out of the gutter before me. You are a gutter peddler no more. BIG CNGRTS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Option is not available, but I would buy gold.
Oh I don't know, collecting safes can't be all that bad
Where to put the proceeds though?
Any Insight on that?
PS. Be careful with that AGQ. When she decided to fall, she is going to fall HARD. Hate to see you wipe out all those GAINZ!. Now go enjoy life brother. Big CNGRTS! RGDS!!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
dumped the AGQ at $114 silver.
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
Time to retire? If so, I'll miss ya.
Congrats, @derryb
Established a plan.
Executed the plan.
still have a few trinkets. besides, hillbilly would miss me.
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
Im still waiting for you to take me up on that beer. Anytime brother.
Knowledge is the enemy of fear
You could have been cleaned out long ago, but you don't practice what you preach. SMH and Y A W N
COPPER is gutter !
What was your oldest box, bro?
I know you have bought the boxes for awhile, and sold over time as well...it wasn't all in the last 4 months, even if that pic is what you did in the last 4 months. You've done it the right way
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
2008, was last four months for 7500. Had many more
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
Yeah...I've seen you trickle them out over the years.
Just think if you still had had the 2008 and sold it this week....cost basis ... whoooooaaaaa doggie!
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."