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RyanAKL
Penny Pincher Member
USA
224 Posts |
Posted - 02/28/2009 : 16:10:27
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| I havnt bought any gold yet but i buy silver every week. i guess my main goal is to have the silver for when i retire and also some for my kids. i really dont think you can have too much or to little it all depends on your future plans. |
Edited by - RyanAKL on 02/28/2009 16:11:21 |
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Nickelless
Administrator
USA
5580 Posts |
 Posted - 02/28/2009 : 16:27:48
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quote:
Originally posted by RyanAKL
I havnt bought any gold yet but i buy silver every week. i guess my main goal is to have the silver for when i retire and also some for my kids. i really dont think you can have too much or to little it all depends on your future plans.
Wait until the gold/silver price ratio drops and then you can trade some of your silver and end up with both. The current price ratio is about 73-to-1, so if you wait until the ratio drops to, say, 50-to-1, you can trade 50 ounces of silver for an ounce of gold and still have another 23 ounces of silver. I'm going to do this, but I'm going to wait until the ratio is close to the teens. |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively
---------------
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Edited by - Nickelless on 02/28/2009 16:30:56 |
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RyanAKL
Penny Pincher Member
USA
224 Posts |
Posted - 02/28/2009 : 17:03:25
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quote:
Originally posted by Nickelless
quote:
Originally posted by RyanAKL
I havnt bought any gold yet but i buy silver every week. i guess my main goal is to have the silver for when i retire and also some for my kids. i really dont think you can have too much or to little it all depends on your future plans.
Wait until the gold/silver price ratio drops and then you can trade some of your silver and end up with both. The current price ratio is about 73-to-1, so if you wait until the ratio drops to, say, 50-to-1, you can trade 50 ounces of silver for an ounce of gold and still have another 23 ounces of silver. I'm going to do this, but I'm going to wait until the ratio is close to the teens.
when do you expect the ratio to drop? |
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Nickelless
Administrator
USA
5580 Posts |
Posted - 02/28/2009 : 17:15:00
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quote:
Originally posted by RyanAKL
quote:
Originally posted by Nickelless
quote:
Originally posted by RyanAKL
I havnt bought any gold yet but i buy silver every week. i guess my main goal is to have the silver for when i retire and also some for my kids. i really dont think you can have too much or to little it all depends on your future plans.
Wait until the gold/silver price ratio drops and then you can trade some of your silver and end up with both. The current price ratio is about 73-to-1, so if you wait until the ratio drops to, say, 50-to-1, you can trade 50 ounces of silver for an ounce of gold and still have another 23 ounces of silver. I'm going to do this, but I'm going to wait until the ratio is close to the teens.
when do you expect the ratio to drop?
If I knew that, I'd be rich. Just keep buying as much silver as you can find. |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively
---------------
Be prepared...and prepared to help: http://www.survivalblog.com/charity.html
Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp |
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How much physical silver should we own?
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