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Old Yesterday, 09:05 AM   #1 (permalink)
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Default How do you stack, silver & gold...just silver?

Curious about how others view it.

I have a bunch of silver but currently no gold. Wondering if I should buy more silver or branch out and maybe pick up 2 oz. of gold today.

I'm always thinking about how much silver I can buy vs how little gold for my money.
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Old Yesterday, 10:57 AM   #2 (permalink)
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Well - I would say there are 3 main things to consider:

(1) How much secure storage space do you have, and how much are you purchasing? If you are buying a lot, it takes up much more space to store silver than gold. $10,000 is ASEs is about a monster box whereas $10,000 in AGEs is half a mint tube.

(2) How do the prices compare? Right now, the GSR (gold silver ratio) is favoring buying silver, being significantly skewed verses both its historical and modern averages.

Both of these things are really questions for somebody how is going to hold the physical bullion for a long time. If you are in it for short term gains then these questions really aren't relative.

(3) Liquidity... I'd say that somebody like Smakvay could better advise you on this, but my instinct is that it would be easier to unload silver than gold just because it can be parsed up into much less expensive units that will appeal to a broader purchasing group.
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Old Yesterday, 11:20 AM   #3 (permalink)
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Good post.

Personally, I'm in it longterm. I have, I believe, somewhere in the neighborhood of 3,000 oz of silver. And yes, it's bulky lol Whereas I have 0 oz of gold.

My question really isn't about liquidity or storage. It's more about bang for your buck I suppose. I would love to own a few ounces of gold (maybe 12 oz total), but everytime I go to pull the trigger I think of how much silver I could buy with that same money.
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Old Yesterday, 12:31 PM   #4 (permalink)
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Quote:
Originally Posted by EB31 View Post
Good post.

Personally, I'm in it longterm. I have, I believe, somewhere in the neighborhood of 3,000 oz of silver. And yes, it's bulky lol Whereas I have 0 oz of gold.

My question really isn't about liquidity or storage. It's more about bang for your buck I suppose. I would love to own a few ounces of gold (maybe 12 oz total), but everytime I go to pull the trigger I think of how much silver I could buy with that same money.
Well... The two things I would consider are the GSR and premiums over spot.

The GSR is heavily favoring silver right now at 77:1 verses historical averages of 16ish:1 and modern averages of 40ish:1

Premiums of 1ozt gold coins are under 5% whereas premiums for 1ozt silver coins are 20ish%

You can get 77oz silver for every one ounce of gold, but you will only pay $40 over spot for an ounce of gold whereas you will likely pay 3-4x that in premiums for the 77oz of silver.

I think its a highly personal investment decision to make, but those are the types of questions I would be asking myself to guide my decision.
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Old Yesterday, 07:04 PM   #5 (permalink)
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Interesting read here http://www.24hgold.com/english/news-...chor=com_58851
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Old Yesterday, 08:13 PM   #6 (permalink)
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Quote:
Originally Posted by Spider-Fan View Post
Well... The two things I would consider are the GSR and premiums over spot.

The GSR is heavily favoring silver right now at 77:1 verses historical averages of 16ish:1 and modern averages of 40ish:1

Premiums of 1ozt gold coins are under 5% whereas premiums for 1ozt silver coins are 20ish%

You can get 77oz silver for every one ounce of gold, but you will only pay $40 over spot for an ounce of gold whereas you will likely pay 3-4x that in premiums for the 77oz of silver.

I think its a highly personal investment decision to make, but those are the types of questions I would be asking myself to guide my decision.

gold maples/krugs/brits and many other 1 ounce rounds and bars can be had for spot at just about any time of the day.

my advice is to at least have a little bit of everything on hand(or that is what I tell myself)
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Old Yesterday, 08:15 PM   #7 (permalink)
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Very good read, thank you.
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