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Gold to Silver ratio?? WTHeck is best???
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<p>[QUOTE="John King, post: 2439242, member: 78398"]Buy silver when it is high and trade for gold when it is low? In last two big precious metals moves gold and silver moved in tandem. Gold hit record highs while silver hit record highs. I don't see silver or gold prices so low that you can back the truck up to the mint and load up on either metal. Just in 2003 silver was selling for $7.50 an ounce. It is more than twice as high today and gold was selling for a couple of hundred bucks an ounce in early 2000 I think and today is sells for $1250 an ounce. If you have time you could dollar cost average in buy silver or gold to the extent of 5% of your total assets. Beyond that you might as well throw the money out the window. The gold/silver ratio means nothing to an investor. To a trader it means you will probably lose money just on the expense you pay to trade the commodity. The metal that has not really moved is platinum and I don't know why?[/QUOTE]</p><p><br /></p>
[QUOTE="John King, post: 2439242, member: 78398"]Buy silver when it is high and trade for gold when it is low? In last two big precious metals moves gold and silver moved in tandem. Gold hit record highs while silver hit record highs. I don't see silver or gold prices so low that you can back the truck up to the mint and load up on either metal. Just in 2003 silver was selling for $7.50 an ounce. It is more than twice as high today and gold was selling for a couple of hundred bucks an ounce in early 2000 I think and today is sells for $1250 an ounce. If you have time you could dollar cost average in buy silver or gold to the extent of 5% of your total assets. Beyond that you might as well throw the money out the window. The gold/silver ratio means nothing to an investor. To a trader it means you will probably lose money just on the expense you pay to trade the commodity. The metal that has not really moved is platinum and I don't know why?[/QUOTE]
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