So I switched 25% of my unallocated gold to silver when GSR hit 65, 25% when GSR hit 70, 25% when GSR hit 75 and the last of my gold when GSR hit 80.
At the time I set this system up, the GSR as holding fairly steady at 45 to 55 so I never really expected it to actually get to 80.
The idea is that if GSR drops back to the 50s and below, I will start swapping my silver for gold. It doesn't look like this will happen but it also didn't look like it was ever going to get to 65 either.
So now I have a dilemma, I have a ton of unallocated silver in my SMSF which is basically there for my GSR swaps. Personally I have plenty of junk silver, silver rounds, silver bars and silver coins, I met my silver stacking goals a while back now and I am no longer buying anything but junk silver.
I have a few gold coins, not a collection and barely enough to justify calling it a stack, but they are gold, and they are my only gold hoarding, if I swap them out into this new era of high GSR I will get a lot more silver, which I already have, and deplete my tiny remaining amount of gold.
I am very tempted to sell my gold and get lots more silver, but that would be selling something that is starting to perform very well, to buy something that is performing very poorly (and has been performing worse and worse over the past couple of years)
Do I need even more poorly performing metals in the hopes that they will recover in a few years? At this GSR it certainly feels like one of those "Once in a lifetime, kick-yourself-if-you-miss-it, fortune-favours-the-bold situations)
Do I wait until GSR goes even higher (I have done some decent swaps so holding on for an even higher GSR would not hurt, I would hate to swap now and it continues to climb)
Do I keep hold of my meagre supply of gold and just pin my hopes on that increasing its value? If I cash out of gold now, I might not be able to afford any more if the prices rise and I would be drawing a line under any future profits if gold continues its rise.