View Full Version : Investment in Gold or Gold & Silver
11-02-2011, 11:35 AM
11-02-2011, 02:02 PM
I go both ways. ;) but mostly towards gold, about 3/1 by $ over silver. going forward it's going to be gold for a while.
11-02-2011, 02:07 PM
I just started......began with silver only and now buying both. The only problem is that it becomes an addiction, especially when the price goes down.
Long Term Investor
11-02-2011, 02:41 PM
I'm 90% silver, 10% gold, but may be moving more toward gold for awhile. I think you should have both. Different kinds of protection.
11-02-2011, 03:29 PM
Ive personally only invest in silver because thats all i can afford, however i would like to get some gold at these lower prices.
11-02-2011, 04:44 PM
Im going 3:1 gold:silver, just started investing. Wait no, I just started converting fiat currency into precious metals.
11-02-2011, 05:06 PM
I started out 2 years ago. It took me a couple of years to get the wife on-board to start buying...:rolleyes:
I started 75% Silver and 25% Gold, as per Franklin Sanders suggestion. I slowly migrated the other direction, and am now at 60% Au and 40% Ag.
The reason I swapped ratios? I decided I wanted portability over potentially higher gains.
I also don't think of Au/Ag as money/currency, or think of the Gold Standard as a viable solution to fiat currency woes. I think of pm's as commodities that always have, and always will enthrall mankind.
Simple thoughts/beliefs of an obviously simple man... :o
11-02-2011, 06:02 PM
I am currently at 10 to 1 silver to gold in ounces which is 16% silver and 84% gold in US Dollars.
Am thinking seriously about converting to 50/50% gold/silver in Dollars.
This would give me a 90 to 1 silver to gold in ounces.
11-02-2011, 06:17 PM
Gold and platinum here...
That silver stuff is way too heavy for an old man and it tarnishes too. :D