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Message:: [QUOTE="Rono, post: 1113819, member: 6492"]Howdy, I've been a silver bug for years - since the last bull run in the late 70's.  I've also been a very diligent follower of the gold/silver ratio.   I've been buying silver for years and started in the $4-5 range (still remember a roll of ASEs from Paul Sims that cost me under $100 including s&h. I agree with most everything said.  If you're going to play, take possession of physical bullion - at least for your core stash.   Whether the ratio ever gets back to 15 to 1 isn't as important as the fact that it's still dropping.  It was at 80 to 1 a year or so back, now it's 42 to 1, tomorrow?  I could easily see it drop to 20-25 to 1. The pure way to play this ratio is to own both gold and silver bullion in the exact proportions as the ratio and rebalance as the ratio changes.  This means that you would have had 80 ounces of silver for every one of gold.  As the ratio has dropped you've been either selling silver and buying gold or just adding more gold.  Now you'd be about 42 to 1. The problem with this approach is book keeping for how do you convert all your holdings into like units.  Instead what I've done is simply overweight silver relative to gold, in both my stash and my investments.  Still am. peace, rono[/QUOTE]