JAMES TURK: Well my long-term view is that I've always been more bullish on silver than I have been on gold and the reason is that even though gold is cheap, silver is even cheaper than gold. The ratio is still in the 50s when the historical ratio is 16 ounces of silver equal to one ounce of gold, and I expect before this bull market is over, we're going to get down toward that area. But the problem with silver is that it's much more volatile than gold. Last year the ratio was at 31 and a few months later it was at 57/58. That volatility is not for everybody, but if you can handle the volatility - own some silver. My general recommendation is that two-thirds gold, one-third silver and by the time this bull market is over, the silver component of your portfolio will have a higher currency value than the gold component of your portfolio because of the outperformance as a result of the decline in the gold-silver ratio. - in mineweb
Thursday, February 23, 2012
How to Buy Gold. How to buy Silver. What to buy?
How to Buy Gold. How to buy www.TheBullorBearReport.com discount broker I use: www.TDAmeritrade.com Gold/Silver Dealer I use: www.APMEX.com For Bulk Silver/Gold Purchases: www.Tulving.comSilver. What to buy? Every investor can do what they want. Definitely hold some as your personal "Core Savings Reserve". But I want to invest into Real Estate and businesses. So once I reach my exit goal, which I will keep everyone here posted when it happens, I am out. Another Rule: NEVER be the last guy in an investment. I'll take my exit before that happens and invest the proceeds into other assets... Let someone else make the last bit at the top. Good luck.
James Turk : Gold is cheap, but Silver is even cheaper
James Turk : Gold is cheap, but Silver is even cheaper
JAMES TURK: Well my long-term view is that I've always been more bullish on silver than I have been on gold and the reason is that even though gold is cheap, silver is even cheaper than gold. The ratio is still in the 50s when the historical ratio is 16 ounces of silver equal to one ounce of gold, and I expect before this bull market is over, we're going to get down toward that area. But the problem with silver is that it's much more volatile than gold. Last year the ratio was at 31 and a few months later it was at 57/58. That volatility is not for everybody, but if you can handle the volatility - own some silver. My general recommendation is that two-thirds gold, one-third silver and by the time this bull market is over, the silver component of your portfolio will have a higher currency value than the gold component of your portfolio because of the outperformance as a result of the decline in the gold-silver ratio.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
JAMES TURK: Well my long-term view is that I've always been more bullish on silver than I have been on gold and the reason is that even though gold is cheap, silver is even cheaper than gold. The ratio is still in the 50s when the historical ratio is 16 ounces of silver equal to one ounce of gold, and I expect before this bull market is over, we're going to get down toward that area. But the problem with silver is that it's much more volatile than gold. Last year the ratio was at 31 and a few months later it was at 57/58. That volatility is not for everybody, but if you can handle the volatility - own some silver. My general recommendation is that two-thirds gold, one-third silver and by the time this bull market is over, the silver component of your portfolio will have a higher currency value than the gold component of your portfolio because of the outperformance as a result of the decline in the gold-silver ratio.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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