Posted on 07/09/2020 2:55:28 AM PDT by SteveH
in one's physical precious metal stash, what is the recommended/optimal amount of gold (contemporary gold coin) to silver (junk silver coin)?
i had been going towards 50%/50%, but gold seems on an upswing at the moment, so now i am thinking of increasing the ratio of gold to silver by about 15%.
Some models show Biden winning by 115%?
Sorry, wrong thread.
Buy whats low, sell whats high
Ask Ted Binion.
hi
you’ve probably heard of the saying “buy low, sell high”
you have it exactly backwards
do not-as in never-buy when the price is high and you think you’re going to miss out
when the price goes down then buy
I’d buy .999 silver rounds not junk silver in small buys
adjust as the price changes
when it goes up BUY LESS
when it goes down BUY MORE
good luck
I have 50/50 mix of physical au to ag. The gold is easier to store, for sure. Over the past year both have increased by app. 25%, which is a knockout year.
Commodities are a different story. Very very few succeed but my brother-in-law made 70 million dollars on the exchange.
Atlas God is my witness he wouldnt buy me a $2 soda if we were in the same deli together :-)
Are you talking about dollar allocation ratio or weight accumulation ratio?
lol. actually that sounded somewhat profound.
Take what money you have to invest in gold and silver and invest in old Colt’s and Winchesters.
Back when I had money to set aside I liked the silver Canadian Maple Leafs; while the US 1 oz. round had a face value of $1, the Maple Leaf face value was C$5 - and they were selling for $4.99 if you’d buy lots of 10.
When I was in the Bahamas years ago I took along some $25 silver coins they had issued; I bought them for silver price (less than $7/oz. at the time) and since the Bahamian dollar trades at par with the US, I changed them for $25 each. You had to go to a bank to do it; they were removing them from circulation (like the US $1,000 bill).
silver is an industrial metal
when solar cells go zero-silver...
how much silver will be needed?
please be specific if possible
thanks
Rocky
Free Silver 16:1
Because in your ridiculous world view, people who own gold and silver, can’t own weapons or food, or housing.
That’s a LOT of lead in the mix!
lol
Add a Food and Ammo stash
The markup on buying physical gold is pretty high. The discount when you try to sell it doesnt help either. Theres a big spread.
Then add the fact that gold was $1,600 per oz in the late 1970s/early 1980s. Those dollars were worth a whole lot more then, so inflation adjusted gold had been a horrible investment long term.
If you are worried about SHTF stuff, stockpile ammo. The lead will be more valuable to you than silver or gold.
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