Viking
Yellow Jacket
Upside potential better for Silver going forward? Thoughts?
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The question was would you sell Gold for Silver. Or buy Silver with your Gold.I'd never sell my silver. First off the ratio when I'd even consider it isn't going to happen because economies and fiats are all going to hell. Secondly gold will always be a stable, valuable store of wealth. At least thats what the last thousand years or so have taught us. But the subcontinent has different cultural connections to silver. Its more then just a metal to them.
Not that I have much of a stack compared to a lot of you guys but the one I do have is kind of gold heavy in terms of worth. I'm waiting on a 1/2 oz to be delivered now and theres just so much worth in these itty bitty gold coins. I sleep better at night knowing I have that gold in my stack.
For silver?Well, I traded out of a bunch of my Gold. Hard to part with.
Ag and Re.For silver?
Just curious to know what was the vig, as in what price for 1oz gold vs price/amount of silver?
Not wishing you ill...but this time it's different, in moar waze den one.Well, I traded out of a bunch of my Gold. Hard to part with. I know bankers/rich prefer gold, but it really doesn't have a use value like other metals. China is restricting rare and critical metals now too. It will take years to replace that capability.
Our experiences as stackers does flag caution as we have seen large swing with Silver (and other metals), whereas precentage wise, not so much with Gold.
But I'm betting "this time is different." I know I'm now more of a speculator. Fingers crossed. Worst case, it ain't going to zero. LOL
Way to goI am heavily overweight in silver. When the GSR hits 40 or so, I might start rotating (trading/swapping) some silver for gold. Not all at once, but at that point I would consider starting to rebalance my metals.
Not wishing you ill...but this time it's different, in moar waze den one.
For one thing, if this stuff really becomes the basis of trade, it will be because of economic collapse.
Which means all those data centers and solar-panel plants, are suddenly not relevant.
The metal that will matter most, is lead. Steel will also be important - even now, we don't really make much, and the institutional knowledge is becoming lost. China will be on the moon, for all it will matter. They collapse when the dollar collapses and the purchasers for all their shoddy crap, suddenly cannot buy anything, nor can they ship anything.
So. I'm betting that the memory that gold is more valuable than silver, will hold. There won't be an industrial use for EITHER, for two generations after a SHTF event.

I meant I'd never sell me gold.The question was would you sell Gold for Silver. Or buy Silver with your Gold.
Never is a REALLY long timeI meant I'd never sell me gold.
Indeed it is but at my age "never" is not that long from now. Most of all when counting medical conditions into it. Dont get me wrong, I'm not planning on keeling over an hour from now on the exercise bike. But nobody ever does. And I hauled enough stiffs on that wagon to learn death is the ultimate reality and nobodys escaping it. I'm the last one standing in my original clan as well so I'm a realist.Never is a REALLY long time![]()
Nick I hand out 1921 XF MSD's as gifts especially to the kids in the family. I tell them it was considered the "Lucky coin from back in the Cowboy days" LOL. They are very nice coins and its my hope it will teach them to value money, to save it, and to appreciate our History and being an American. Its a very important start, I hope, to their interest in America's rich numismatic History with a very nice example of one of our finest coin designs.I sold some SILJ today near the top. I sold some AGQ earlier in the year which I should have kept.
I am raising cash to add to GDXU around $195.
I have sold zero PMs, but have been giving a step-son a few ounces of silver to stimulate interest in the product in hopes he catches the fever.
The question was would you sell Gold for Silver. Or buy Silver with your Gold.
Nick I hand out 1921 XF MSD's as gifts especially to the kids in the family. I tell them it was considered the "Lucky coin from back in the Cowboy days" LOL. They are very nice coins and its my hope it will teach them to value money, to save it, and to appreciate our History and being an American. Its a very important start, I hope, to their interest in America's rich numismatic History with a very nice example of one of our finest coin designs.
I give it to them in a nice capsule "popping" in a black gasket and with a plastic stand. I just handed out three to nieces and nephews on Thanksgiving.