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<p>[QUOTE="MerlinAurelius, post: 2613073, member: 84384"]In my opinion, precious metals are good for storing wealth that is to be passed from generation to generation. Personally, I would not use physical gold or silver as an investment vehicle in order to get returns during my lifetime. But that's just me. </p><p><br /></p><p>I would, however, liquidate my holdings of gold or silver, using say Apmex, and then buy the other when the gold to silver ratio is favorable. Thus, increasing the size of my holdings without having to constantly purchase more and more. I would buy silver when ration is ~75:1 or above(like now). Then sell the silver and buy gold when it is 50:1 or below. </p><p><br /></p><p>If I buy 150 ounces of silver @ 75:1 it takes 75 ounces to equal one ounce of gold so my 150 ounces of silver is equivalent to 2 ounces of gold. </p><p>If I then sell my 150 ounces of silver when the ratio is 50:1 and buy gold, that 150 ounces of silver now turns into 3 ounces of gold, and I didn't have to pay anymore out of pocket. This is how I plan to do it after I have put about 5% of my wealth into bullion. And teach my children to do the same with the precious metals I pass on to them. Simply an inter-generational savings account. </p><p><br /></p><p>You can check the gold:silver ratio and many other great historical charts here</p><p><a href="http://www.macrotrends.net/1441/gold-to-silver-ratio" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.macrotrends.net/1441/gold-to-silver-ratio" rel="nofollow">http://www.macrotrends.net/1441/gold-to-silver-ratio</a>[/QUOTE]</p><p><br /></p>
[QUOTE="MerlinAurelius, post: 2613073, member: 84384"]In my opinion, precious metals are good for storing wealth that is to be passed from generation to generation. Personally, I would not use physical gold or silver as an investment vehicle in order to get returns during my lifetime. But that's just me. I would, however, liquidate my holdings of gold or silver, using say Apmex, and then buy the other when the gold to silver ratio is favorable. Thus, increasing the size of my holdings without having to constantly purchase more and more. I would buy silver when ration is ~75:1 or above(like now). Then sell the silver and buy gold when it is 50:1 or below. If I buy 150 ounces of silver @ 75:1 it takes 75 ounces to equal one ounce of gold so my 150 ounces of silver is equivalent to 2 ounces of gold. If I then sell my 150 ounces of silver when the ratio is 50:1 and buy gold, that 150 ounces of silver now turns into 3 ounces of gold, and I didn't have to pay anymore out of pocket. This is how I plan to do it after I have put about 5% of my wealth into bullion. And teach my children to do the same with the precious metals I pass on to them. Simply an inter-generational savings account. You can check the gold:silver ratio and many other great historical charts here [url]http://www.macrotrends.net/1441/gold-to-silver-ratio[/url][/QUOTE]
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