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If you really are going long term -- BUY GOLD NOT SILVER
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<p>[QUOTE="goldcollector, post: 2568705, member: 9088"]Brett I looked at pmbull for historic prices and last november silver closed between $14.45 to $15.42 and the GSR averaged 69.77 during november 2015. It has currently increased to 72.61. So over the last year gold has been the winner.</p><p><br /></p><p>Silver never came close to $12 last november but as I said in the OP yes you can cherry pick spots. Im looking at the last 50 years starting back when GSR was a forced 16 to 1. Its pretty clear which way market forces have moved the GSR. Toward gold not silver. Thats a long term 50 year time period im looking at so I see no reason to believe over the next 50 years it will do a 180. I fully expect, in time the GSR Will be triple digits. It may not be a straight line as it never is but you wont see the GSR falling much.</p><p><br /></p><p>And like I said I am talking about long term holders here. Not those who seem to always back the truck up and sell at the perfectly right time. The internet is loaded with a billion people who always have perfect timing but never tell until after the fact when everyone knows which way spot went. Timing the market is just an internet fantasy and the best chance to win is long term hold. Im just saying if someone is planning to do it that way I would forgo the desire to have a lot and go with quality - gold.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 2568705, member: 9088"]Brett I looked at pmbull for historic prices and last november silver closed between $14.45 to $15.42 and the GSR averaged 69.77 during november 2015. It has currently increased to 72.61. So over the last year gold has been the winner. Silver never came close to $12 last november but as I said in the OP yes you can cherry pick spots. Im looking at the last 50 years starting back when GSR was a forced 16 to 1. Its pretty clear which way market forces have moved the GSR. Toward gold not silver. Thats a long term 50 year time period im looking at so I see no reason to believe over the next 50 years it will do a 180. I fully expect, in time the GSR Will be triple digits. It may not be a straight line as it never is but you wont see the GSR falling much. And like I said I am talking about long term holders here. Not those who seem to always back the truck up and sell at the perfectly right time. The internet is loaded with a billion people who always have perfect timing but never tell until after the fact when everyone knows which way spot went. Timing the market is just an internet fantasy and the best chance to win is long term hold. Im just saying if someone is planning to do it that way I would forgo the desire to have a lot and go with quality - gold.[/QUOTE]
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If you really are going long term -- BUY GOLD NOT SILVER
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