I would not convert any SILVER to GOLD under any circumstances, unless I liked the pretty yellow colour of GOLD. Knowing that there are about equal quantities above-ground of each SILVER & GOLD, I expect both to be worth the SAME VALUE after the COLLAPSE. Thank me later. _JOHNLGALT.
"silver is DOWN more than 6% as of time of post. Yikes." Silver is the KEY to the MaNiPuLaTiOn. (((THEY))) have to beat the little MARKET(?) for Silver down, or, they lose control of the WORLD-WIDE PAPER & DIGITAL PONZI SCHEME.
With respect sir, you will not get any from me - (and I have a goodly amount) unless I really need to sell it for FIAT & the FIAT is approx. the GOLD price(?). ONE OUNCE SHINY WHITE, FOR ONE OUNCE SHINY YELLOW.
I'm sure the central bank of johnlgalt is well stocked to print metal backed fiat. Call them Johnny bucks!
These Markets are a gift. I am getting a little excited to watch it all unfold. Does anyone here stack for their family and friends? I've lead mine to the Kook-Aid but nobody's drinking. If silver drops to $15USD or below I think I'll get 1000 Oz's or more to cover their A$$e(t)$, too. 100 Oz bars this time, for sure.
I told everyone to buy gold at $1800 and nobody did. Now everytime gold hits a new high they think it's expensive.
Yep, as I've said before it's like trying to get someone to sign up to AMWAY....they listen politely then use the flashing red light on themselves to erase the discussion. Sometimes I think it'd be easier getting someone to join a South Korean Cult...
It would be great if silver climbed and followed gold to reach an acceptable ratio. 1:20 ratio could mean 80+ USD silver. By taking account of gold's current level.
^ JOHNLGALT: silver is too cheap now, it's not moving, so people aren't buying it because it's not enticing right now... when it will start rising and jumping through hoops, it'll be too expensive and there will be shortage at dealers... so, people will complain about the shortage, the high price, even higher premiums and others will bite their nails for not having "backed up the truck" earlier (like NOW!), when it was cheaper!