GSR ratio almost 80:1

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Cheers.

I am just dividing the AU$ gold spot by the AU$ silver spot and getting 77 to 78 at most.
 
It's funny that the higher the GSR goes the more I question if I need to get out of silver and into gold? However time is on my side and I feel like I can make the swap sometime in the next 35 years...I hope.
 
Redemer said:
It's funny that the higher the GSR goes the more I question if I need to get out of silver and into gold? However time is on my side and I feel like I can make the swap sometime in the next 35 years...I hope.
To do that would be the complete OPPOSITE of what you should be doing.
Eventually the gsr will come down and then you swap all that cheap silver for gold.
 
Just think of all those that had the sense and balls to swap out their silver they acquired with a GSR 70-1 for gold when it went to 40-1.
Thats almost doubling your assets
 
I know the right thing to do is to stick to silver until the GSR gets closer to 40 then swap it over. Just funny how our minds work. When I start thinking like that I just slap myself across the face...then buy more silver. :)
 
In previous threads over the past several months I've commented about how the GSR will likely hit 80 and that it's possible it won't stop there.

Three years ago when I first came across silver permabulls, virtually all of them (and many of them are smart people) were asserting that silver will soon come close to around 40 GSR. At least 1 was predicting 1 (as in one, parity) GSR. In time I began to see how deceptive many permabulls are.

If GSR goes to 90, it's certainly possible that at that time silver prices will have risen...but gold prices will have risen more.

You can be bullish and not be a permabull. I'm bullish on metals at this point; short term is the new long term. In other words, slow rise....no 'gold and silver to da moon tomorrow' nonsense. Less huge profits for some bullion dealers but better for the average stacker.



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