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Message:: [QUOTE="hchcoin, post: 3042075, member: 94272"]As far as the GSR, gold is the end goal for me.  What that means is I convert silver into gold when the ratio falls into a favorable range but I WILL NOT exchange gold for silver because I am trying to accumulate more gold in the long run.  Silver and the GSR are just a means to an end for me.  I use the silver to help get more gold when the ratio goes down.  Right now, I am buying a lot more silver because I think it is a relative value compared to gold and it is priced below $20 an ounce which I can afford.  If I am wrong, who cares.  I am just going to turn it into gold at some point in the future.  So why don't I just buy gold in the first place?  Because it is expensive and the premiums on the 1/10 ounce gold suck.  I can buy singles or a roll of silver eagles when they go on sale and convert it to 1 ounce gold when I get enough ounces.  I can't swing buying an ounce of gold every month but I can swing buying silver here and there when it goes on sale. The other reason I like gold long term is that it takes up way less space and weighs so much less.  Silver is really tough to carry around in large quantities where as a backpack full of gold is worth a lot of money.  My safe deposit box gets really heavy when I fill it with silver.  I just traded a bunch of silver for gold at a show because I was sick of how heavy it was and I ran out of room in my safe deposit box.[/QUOTE]