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<p>[QUOTE=&quot;Rono, post: 2564737, member: 6492&quot;]Hi clawcoins,</p><p><br /></p><p>I think both silver and gold are good to own and believe everyone should have a core holding of 3-7% as an investment.&nbsp; More than that is speculation but that is fine so long as you realize that you&#039;re in the casino.</p><p><br /></p><p>As for silver v gold, I&#039;ve always preferred silver because of the much great profit potential.&nbsp; Silver is where the leverage is and for that matter the insane leverage is with silver junior minors but more on that later.</p><p><br /></p><p>Back in the late 70&#039;s, gold ran up from around $300 to $850 and silver to $4.50 $50 (1 to 17 ratio).&nbsp; During the Big Bonanza from ~2002 to 2011 gold went up 6-7 fold while silver went from ~$5 to $46 or 9 fold. </p><p><br /></p><p>The metric that applies to a greater or lesser degree is the gold/silver ratio.&nbsp; Historically, it&#039;s been around 15-20 to 1 silver to gold.&nbsp; Right now it&#039;s 68 to 1.&nbsp; In the grand scheme of things, some folks use this measure to determine their mix of gold to silver holdings (e.g. owning 68 ASEs and 1 AGE) and rebalancing as the g/s ratio dictates.&nbsp; This seems overly complicated so I just overweight silver.</p><p><br /></p><p>Now if you want to get crazy, check out the junior silver miners.</p><p><br /></p><p><a href="http://www.kitcosilver.com/equities.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.kitcosilver.com/equities.html" rel="nofollow">http://www.kitcosilver.com/equities.html</a></p><p><br /></p><p>Note how some of theses stocks were off double digits today alone.&nbsp; This is true nosebleed stuff but the money . . .</p><p><br /></p><p>I&#039;ve been collecting coins for 60 years and paid for my degree with GI bill and profits from selling silver during the late 70&#039;s that I had stashed away at face value.&nbsp; Being in the hobby I noticed silver and gold starting to move in late 2001/2002 and started scaling in via my retirement accounts.&nbsp; A tube of ASE&#039;s was $90 including S&amp;H and a tube of AGE&#039;s was $7300.&nbsp; I bought Silver Wheaton between $2.00 and 3.00 and before the Big Bonanza was over it had gone to $43.&nbsp; It was my only &#039;home run&#039; in stocks but very, very sweet.</p><p><br /></p><p>BTW, this past late winter there was another mini rally in silver juniors and and I rode Sivlercorp, Endeavor and First Majestic for a few months.&nbsp; Here&#039;s the past year in the former&nbsp; <a href="http://bigcharts.marketwatch.com/advchart/frames/frames.asp?nosettings=1&amp;symb=svmlf&amp;uf=0&amp;type=2&amp;size=2&amp;sid=0&amp;style=320&amp;freq=1&amp;entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&amp;time=8&amp;rand=5580&amp;compidx=aaaaa%3a0&amp;ma=0&amp;maval=50&amp;lf=1&amp;lf2=0&amp;lf3=0&amp;height=0&amp;width=0&amp;mocktick=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://bigcharts.marketwatch.com/advchart/frames/frames.asp?nosettings=1&amp;symb=svmlf&amp;uf=0&amp;type=2&amp;size=2&amp;sid=0&amp;style=320&amp;freq=1&amp;entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&amp;time=8&amp;rand=5580&amp;compidx=aaaaa%3a0&amp;ma=0&amp;maval=50&amp;lf=1&amp;lf2=0&amp;lf3=0&amp;height=0&amp;width=0&amp;mocktick=1" rel="nofollow">http://bigcharts.marketwatch.com/advchart/frames/frames.asp?nosettings=1&amp;symb=svmlf&amp;uf=0&amp;type=2&amp;size=2&amp;sid=0&amp;style=320&amp;freq=1&amp;entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&amp;time=8&amp;rand=5580&amp;compidx=aaaaa:0&amp;ma=0&amp;maval=50&amp;lf=1&amp;lf2=0&amp;lf3=0&amp;height=0&amp;width=0&amp;mocktick=1</a></p><p><br /></p><p>Getting in around $.50 leaves some serious room to grow and that&#039;s what I mean about leverage.</p><p><br /></p><p>happy hunting,</p><p><br /></p><p>peace,</p><p><br /></p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>

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