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<p>[QUOTE="Rono, post: 2374410, member: 6492"]Howdy,</p><p><br /></p><p>Both wise choices. I firmly believe in owning both metals and it sounds like you agree. Now you just have to decide the percentage of each you want to own and that should tell your what to buy. Ah, but how to determine the percentage. </p><p><br /></p><p>I've long watched the gold/silver ratio as a guide for my investing in precious metals. Historically, the gold/silver ratio was ~1/17. Presently, it's 1/81. Now before certain posters naysay this metric and that it only existed when the price of gold was fixed, think back to the earlier peak in 1980 of silver around $50 and gold around $850 (1/17). Even the latest bull run that peaked in 2011 resulted in ~$45 and ~$1850 (1/41). </p><p><br /></p><p>All this tells me, however, is simply overweight my purchasing of silver relative to that of gold. </p><p><br /></p><p>Also, as an aside, I always noted much more leverage in silver rather than gold. Back on the 70's, gold tripled, while silver went up tenfold. This time gold went up 5x while silver when up 10x. </p><p><br /></p><p>And for those who are really and truly nuts, the crazy leverage is with the junior miners, particularly junior silver miners. </p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 2374410, member: 6492"]Howdy, Both wise choices. I firmly believe in owning both metals and it sounds like you agree. Now you just have to decide the percentage of each you want to own and that should tell your what to buy. Ah, but how to determine the percentage. I've long watched the gold/silver ratio as a guide for my investing in precious metals. Historically, the gold/silver ratio was ~1/17. Presently, it's 1/81. Now before certain posters naysay this metric and that it only existed when the price of gold was fixed, think back to the earlier peak in 1980 of silver around $50 and gold around $850 (1/17). Even the latest bull run that peaked in 2011 resulted in ~$45 and ~$1850 (1/41). All this tells me, however, is simply overweight my purchasing of silver relative to that of gold. Also, as an aside, I always noted much more leverage in silver rather than gold. Back on the 70's, gold tripled, while silver went up tenfold. This time gold went up 5x while silver when up 10x. And for those who are really and truly nuts, the crazy leverage is with the junior miners, particularly junior silver miners. peace, rono[/QUOTE]
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