That is why I asked you post about what you, in theory, think is the optimum ratio. Personally, the only ratio of metals I keep in the house is the brass to lead ratio.
:wave:
Actually you did ask in your first question what the forum's (read: people who post) current ratio is. And your poll question asks,
"What is your current silver to gold ratio?" So the poll was not about what is ideal but what is your
current s/g ratio. Your
second question was then to post our ideal ratio. I get the concept and have asked that question over the years myself, mostly privately.
To answer that second question: What is the ideal ratio?
My answer in brief...
That truly depends on a person's situation, but in general one should strive for:
1. a minimum of 3 months' total living expenses held in cash (outside of any banking institution). From there an optimum would be working towards having 6 to 12 months.
2. a food supply to meet their household's needs for 3 months minimum.
3. savings held in PM's - the ratio between G and S is truly one of personal comfort, gold being a better store of value and silver being a better opportunity to increase the value of personal wealth through trading in the dips and rises if one is so inclined.
The G/S ratio is likely very different for each one based on when they started buying and how much disposable income they had to convert into metals at that time. A millionaire who got educated and then serious about storing wealth in PMs would have likely gone into gold more heavily in the last few years. A poorer person would have been more attracted to silver as they can at least buy an ounce here or there.
Finally, and this really should be a top priority ... GET OUT OF DEBT!!!
Trying to save money while having large amounts of debt is like trying to fill up the bathtub without putting in a plug.
