Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold vs silver 2019
>
Reply to Thread
Message:
<p>[QUOTE="Rono, post: 3655903, member: 6492"]Howdy folks,</p><p><br /></p><p>Currently, the rise in both metals is tied to global uncertainty - trade war, BREXIT, Hong Kong, Crazy . . . WTF ever. Our issue is to make some money on this situation. That said, I'm on a momentum play that's covering both but concentrated in the junior silver miners. That's where the leverage has always been for me. Back in the late 70's when the Hunt Bros were dinking around, gold went up 2-3 x while silver went up 10x. Pretty much similar results during the Big Bonanza with gold rising some 6x while silver went up 10x. Right now in addition to physical pm's, but play centers around Kootenay and Impact while covering the squares with the ETF SILJ. Long time core holdings are TGLDX and PRPFX. Actually thinking about CEF but good grief, make sure it's in an exempt account because the taxes issues are nasty.</p><p><br /></p><p>As for silver while I realize that G/S ratio talk drives some of you crazy, it's still relevant to me. Historically, the G/S ratio was fixed around 1-17. Even with deregulation and 'free' market forces, in my humble opinion, 1-89 seems a bit out of whack. One guy I talked with years back had the opinion, you simply always bought gold and silver in the very ratio that the G/S ratio was. That would tell us to buy 1 oz of gold for every 89 oz. of silver. If and when it adjusts, we change our buying scheme. </p><p><br /></p><p>That all said, I think this is the start of another run. </p><p><br /></p><p>and so it goes,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 3655903, member: 6492"]Howdy folks, Currently, the rise in both metals is tied to global uncertainty - trade war, BREXIT, Hong Kong, Crazy . . . WTF ever. Our issue is to make some money on this situation. That said, I'm on a momentum play that's covering both but concentrated in the junior silver miners. That's where the leverage has always been for me. Back in the late 70's when the Hunt Bros were dinking around, gold went up 2-3 x while silver went up 10x. Pretty much similar results during the Big Bonanza with gold rising some 6x while silver went up 10x. Right now in addition to physical pm's, but play centers around Kootenay and Impact while covering the squares with the ETF SILJ. Long time core holdings are TGLDX and PRPFX. Actually thinking about CEF but good grief, make sure it's in an exempt account because the taxes issues are nasty. As for silver while I realize that G/S ratio talk drives some of you crazy, it's still relevant to me. Historically, the G/S ratio was fixed around 1-17. Even with deregulation and 'free' market forces, in my humble opinion, 1-89 seems a bit out of whack. One guy I talked with years back had the opinion, you simply always bought gold and silver in the very ratio that the G/S ratio was. That would tell us to buy 1 oz of gold for every 89 oz. of silver. If and when it adjusts, we change our buying scheme. That all said, I think this is the start of another run. and so it goes, peace, rono[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold vs silver 2019
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...