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<p>[QUOTE=&quot;medoraman, post: 1956701, member: 26302&quot;]Honestly OP, I would try to convince you to keep your 401k savings and try to save any money you can out of your current budget to buy PM. I never like it when people do not put every cent they can into their retirement account. I am a believer in pm as a contra asset, not as any type of doomsday investment. I buy pm to protect against high inflation, the same reason I own farmland. </p><p><br /></p><p>I do strongly agree with many of Doug&#039;s points. though. You have to know WHY you are buying, and buy accordingly. Too many people SAY they are pm investors then turn around and pay way too high of premium for collectible coins. If you want to collect coins fine, I am a coin collector myself, but I do not lie to myself and consider my coin purchases to be &quot;pm investments&quot;. I also like junk silver, but that is because they are low premiums, known to be real silver, and have a side benefit of being real coins. The weight is a concern, though. My sdb has well over 1000 ounces of silver, plus all of the coins, gold, etc. Yeah, it weighs a couple of hundred pounds at this point. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>As for gold/silver ratio, I am not going to predict anything. They are two completely different markets nowadays, no longer tied together in a monetary system. That really is the only reason historically they traded at fixed ratios, by government dictate because they were in a monetary system together. I honestly do not know which direction the ratio may take, but suspect that as government purchases taper in the future, (there is only so much gold China wants to build as reserves), the ratio may tighten. However, this tells us nothing because that can mean silver goes up OR gold goes down. Unless you wish to make a risky spread bet, you are not guaranteed to profit even if you call this narrowing of the spread.</p><p><br /></p><p>Anyway, lots to think about. Best of luck sir.[/QUOTE]</p><p><br /></p>

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