GSR decreasing: what to swap and when?

Discussion in 'Silver' started by MelbBrad, Mar 27, 2011.

  1. MelbBrad

    MelbBrad New Member

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    A lot of Stackers express a desire to convert their silver to gold at a certain GSR. If your stack is made up of different forms of silver (1kg bars, 1oz kooks, 10oz kooks, smaller bars and '66 rounds, for instance) then in what order would you convert? Larger bars first? Coins last?
    Thoughts?
     
  2. goldpelican

    goldpelican Administrator Staff Member

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    Gut says lowest premium silver first - but I'd need to do some modeling of what might happen to the premium on a kookaburra with silver say at $100. As silver goes up the premiums on coins will probably rise as a dollar amount but shrink as a percentage - depends on whether your swap is pure GSR or pays heed to the premiums.

    Always keep some smaller coins/1966 in your stack - they're good for making "change" when doing a swap.
     
  3. Turk

    Turk Active Member

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    This is *exactly* what has been happening since silver was around $6 or so.
     

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