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<p>[QUOTE="HawkeEye, post: 2713665, member: 86305"]For years I followed the ratio and it bounced around 60:1, which I think might be where is settles. But even that recent plateau is tentative. The Platinum/Gold ratio was 1.1:1 during that same period and I am not sure we will see that again. People seem to forget that these ratios can change/correct in two ways. Gold can fall instead of silver rising. To believe you will make it back to 60:1 then gold could correct to $1,110; 55:1 would be $1,017. Thinking you are intelligent enough to know the direction of metals is dangerous when you realize even the dealers don't know and hedge their purchases to guard against price movement.</p><p><br /></p><p>Buying high quality collectibles where the metal value is a small component might just be the safest bet. An MS65 1881-O is about $1,200 making the silver composition only 1.5% and almost irrelevant. At the MS66 level it is only 0.001% and completely irrelevant.</p><p><br /></p><p>I have another thread going in the bullion forum talking about the Mint bullion sales and how they suddenly started declining since January until this month they have gone to near zero. So something is up, but what?[/QUOTE]</p><p><br /></p>
[QUOTE="HawkeEye, post: 2713665, member: 86305"]For years I followed the ratio and it bounced around 60:1, which I think might be where is settles. But even that recent plateau is tentative. The Platinum/Gold ratio was 1.1:1 during that same period and I am not sure we will see that again. People seem to forget that these ratios can change/correct in two ways. Gold can fall instead of silver rising. To believe you will make it back to 60:1 then gold could correct to $1,110; 55:1 would be $1,017. Thinking you are intelligent enough to know the direction of metals is dangerous when you realize even the dealers don't know and hedge their purchases to guard against price movement. Buying high quality collectibles where the metal value is a small component might just be the safest bet. An MS65 1881-O is about $1,200 making the silver composition only 1.5% and almost irrelevant. At the MS66 level it is only 0.001% and completely irrelevant. I have another thread going in the bullion forum talking about the Mint bullion sales and how they suddenly started declining since January until this month they have gone to near zero. So something is up, but what?[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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