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<p>[QUOTE="BusterHighman, post: 1157037, member: 29945"]If you can make the exchange back and forth without paying much/any premium, then I'd do it. The GSR has moved heavily in the way of silver lately, but I think it's still got a ways to go. Most of the people I encounter who plan to swap are silver owners who will swap for gold once it hits 15:1 or less. </p><p><br /></p><p>I have a feeling that the mania for silver will get a little more frothy than gold and we may over shoot the 15:1 GSR. At that point, it's POSSIBLE that exchanging silver for gold is the savvy move. However, the best bet in the future may be to sell directly to the industrial users.</p><p><br /></p><p>However, if you have to pay the spread when you trade for silver and then again when you trade back, I'd sit tight with gold. It may have been difficult watching silver run up so much faster than gold, but that can only go on for so long.[/QUOTE]</p><p><br /></p>
[QUOTE="BusterHighman, post: 1157037, member: 29945"]If you can make the exchange back and forth without paying much/any premium, then I'd do it. The GSR has moved heavily in the way of silver lately, but I think it's still got a ways to go. Most of the people I encounter who plan to swap are silver owners who will swap for gold once it hits 15:1 or less. I have a feeling that the mania for silver will get a little more frothy than gold and we may over shoot the 15:1 GSR. At that point, it's POSSIBLE that exchanging silver for gold is the savvy move. However, the best bet in the future may be to sell directly to the industrial users. However, if you have to pay the spread when you trade for silver and then again when you trade back, I'd sit tight with gold. It may have been difficult watching silver run up so much faster than gold, but that can only go on for so long.[/QUOTE]
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