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<p>[QUOTE="medoraman, post: 3726342, member: 26302"]However, now you are entering the realm of buy/sell spread that plagues the PM market. Will a dealer do this for you for free? Not if he wishes to stay in business. Now you are incurring more costs above your initial buy/sell spread you paid when you purchased it in the first place.</p><p><br /></p><p>What you propose is wonderful if:</p><p><br /></p><p>1. You know for a fact the buy sell spread will continue to alternate over the years, (ie will not continue to widen long term).</p><p>2. You have no buy/sell spread</p><p><br /></p><p>I have no knowledge if the GSR will go back to 16 or go to 400. If I did what you proposed and traded gold for silver at the current GSR, what if the GSR goes straight up from there? I will completely miss out on any gold appreciation. You are RELYING on the GSR to go up and down for this to work. What if it doesn't? Anyone doing this from when it was 16-1 would own all silver today, and would have completely missed the profit on gold.</p><p><br /></p><p>To me, I ignore the ratio. I own as much silver as I physically can store at this point, so spend pm money on PT and gold. I want exposure to all of the metals. I should have taken palladium more seriously, but at this point I believe its massively overvalued and believe it will long term get substituted for PT to put them back in line, which is why I am a believer in PT right now.</p><p><br /></p><p>Its all anyone's call, and however they wish to invest is up to them. Not criticizing what YOU want to do sir, just pointing out some things for others to consider before doing the same. If I KNEW what I was doing, I would have bought more Amazon and Netflix, and not bought Molycorp or DB. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /> All we are is trying to make the best judgments we can before we leave it behind for others on this rock.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3726342, member: 26302"]However, now you are entering the realm of buy/sell spread that plagues the PM market. Will a dealer do this for you for free? Not if he wishes to stay in business. Now you are incurring more costs above your initial buy/sell spread you paid when you purchased it in the first place. What you propose is wonderful if: 1. You know for a fact the buy sell spread will continue to alternate over the years, (ie will not continue to widen long term). 2. You have no buy/sell spread I have no knowledge if the GSR will go back to 16 or go to 400. If I did what you proposed and traded gold for silver at the current GSR, what if the GSR goes straight up from there? I will completely miss out on any gold appreciation. You are RELYING on the GSR to go up and down for this to work. What if it doesn't? Anyone doing this from when it was 16-1 would own all silver today, and would have completely missed the profit on gold. To me, I ignore the ratio. I own as much silver as I physically can store at this point, so spend pm money on PT and gold. I want exposure to all of the metals. I should have taken palladium more seriously, but at this point I believe its massively overvalued and believe it will long term get substituted for PT to put them back in line, which is why I am a believer in PT right now. Its all anyone's call, and however they wish to invest is up to them. Not criticizing what YOU want to do sir, just pointing out some things for others to consider before doing the same. If I KNEW what I was doing, I would have bought more Amazon and Netflix, and not bought Molycorp or DB. :( All we are is trying to make the best judgments we can before we leave it behind for others on this rock.[/QUOTE]
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