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<p>[QUOTE=&quot;KeyHunter, post: 8089632, member: 122558&quot;]Thanks Slack. Silver and gold go together like peas and carrots but with different uses and financial behaviors. Forced to be frugal I have dollar cost average silver purchases since 2005. I don&#039;t look at individual metals as a means to themselves but as tools to preserve wealth through exposure to BOTH. Advice from the founder (RIP) of my LCS...&quot;accumulate big piles of silver and convert some to small piles of gold&quot;. That way you have exposure and reap the benefits of BOTH metals. The gold/silver ratio at the time was favorable to sell (a contrarian attitude since most silver fans hold forever or sell at a loss). I faced the wrath of silver stackers but, knowing the silver 100+ year performance trends realized that the chances of it staying around/over $30 oz were SLIM so I chose to sell high. At that time silver buying hype on the &#039;net was obscene, EVERYONE is buying silver (everyone always jumps on the train when an investment is running high which led to high premiums) I did the opposite: sell high. Silver today is ~$22/oz range and slowly trending down...I&#039;ll dip my toes in again when it reaches a floor but at present (and understanding the different market manipulations to keep prices down on both metals) my meager cash allocation all goes to gold instead of splitting it between the two.[/QUOTE]</p><p><br /></p>

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