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<p>[QUOTE=&quot;Rono, post: 2080054, member: 6492&quot;][QUOTE=Is there an ideal number of silver ounces one should strive for?</p><p><br /></p><p>Not sure this is the way you need to view this issue.&nbsp; &nbsp; Years ago, I read a quote from the elder Baron Rothschild that for financial security, one should have 1/3 of their wealth in securities, 1/3 in real estate and 1/3 in rare art.&nbsp; (you can sub for rare art, but it ain&#039;t beanie babies).&nbsp; I think your bullion and rare coins would fall under rare art.&nbsp; </p><p><br /></p><p>That said, I&#039;ve always felt that everyone should have at least 5-10% in pm&#039;s and particularly physical hands on stuff.&nbsp; I think of this as an investment and security blanket.&nbsp; More than this tends to get into speculation and that&#039;s OK as long as you realize the risk.</p><p><br /></p><p>Now, once you figure out for YOU how much dollar value you want to have in pm&#039;s, you can figure what you need in silver vs. gold.&nbsp; Personally, I&#039;ve always liked using the gold/silver ratio as a guide.&nbsp; This is what they&#039;re selling for at any one time relative to each other.&nbsp; Historically, it was 17 to 1 silver to gold.&nbsp; Right now it&#039;s 74 to 1.&nbsp; That means I want to own 74 ounces of silver for every one ounce of gold.&nbsp;&nbsp; If indeed, this ratio should return to the mean, I will gain more.</p><p><br /></p><p>just some mumblings,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p>[/QUOTE][/QUOTE]</p>

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