What's going on with silver?

Discussion of the Gold portion of the Permanent Portfolio

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Ad Orientem
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Re: What's going on with silver?

Post by Ad Orientem » Fri Sep 28, 2018 11:31 am

dualstow wrote:
Fri Sep 28, 2018 11:24 am
Ad Orientem wrote:
Fri Sep 28, 2018 11:15 am
Silver bouncing... up near 3%. I am back at break even, maybe a tick in the black on my speculation... woo hoo!
Well, enjoy your five minutes. O0
8)
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ochotona
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Re: What's going on with silver?

Post by ochotona » Fri Nov 09, 2018 5:43 am

Gold silver ratio 85-ish. I'm not buying anything though. Just holding still.
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buddtholomew
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Re: What's going on with silver?

Post by buddtholomew » Fri Nov 09, 2018 10:32 am

Same thing that is going on with Gold.
Going down...
murphy_p_t
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Re: What's going on with silver?

Post by murphy_p_t » Fri Nov 09, 2018 1:20 pm

Silver is never been cheaper relative to gold as it is at the moment. Very tempted to trade gold for silver. https://www.bullionbypost.co.uk/price-r ... r/alltime/
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Re: What's going on with silver?

Post by Ad Orientem » Fri Nov 09, 2018 1:22 pm

ochotona wrote:
Fri Nov 09, 2018 5:43 am
Gold silver ratio 85-ish. I'm not buying anything though. Just holding still.
Same here... for now.
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Re: What's going on with silver?

Post by Ad Orientem » Fri Nov 09, 2018 1:27 pm

murphy_p_t wrote:
Fri Nov 09, 2018 1:20 pm
Silver is never been cheaper relative to gold as it is at the moment. Very tempted to trade gold for silver. https://www.bullionbypost.co.uk/price-r ... r/alltime/
The silver gold ratio has been very close to 100:1 before. But it is extremely high from an historical perspective. My only advice, is that if you are thinking of making a move into silver, remember that this is speculative. Beyond which I would suggest using a silver ETF if this is not intended as a long term buy and hold position. Silver has some expenses that are not reflected in the fix price quotes in all of the tickers. The first is storage. Silver is a lot bulkier than gold and as I discovered if you have more than around $5k you are going to need a good sized safe deposit box or a safe to store it. The second is the premium you pay for physical, which is almost always much higher than what one pays for gold.
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Re: What's going on with silver?

Post by murphy_p_t » Fri Nov 09, 2018 7:39 pm

Good comments. Storage cost / expense ratio seems to be one of the reasons switching to Silver is not a simple decision.

looking at these ratio charts...they dont agree in the early 90s? From both charts, however I see that the ratio can remain elevated for several years. That silver expense ratio can add up over that time.

https://www.macrotrends.net/1441/gold-to-silver-ratio

https://www.bullionbypost.co.uk/price-r ... r/alltime/
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Re: What's going on with silver?

Post by Ad Orientem » Fri Nov 30, 2018 3:36 pm

Now within spitting distance of 87:1.
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Re: What's going on with silver?

Post by ochotona » Fri Nov 30, 2018 5:31 pm

Ad Orientem wrote:
Fri Nov 30, 2018 3:36 pm
Now within spitting distance of 87:1.
The historic high was 100:1. I'd like to buy silver at that point.
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Re: What's going on with silver?

Post by Ad Orientem » Wed Dec 05, 2018 10:45 pm

ochotona wrote:
Fri Nov 30, 2018 5:31 pm
Ad Orientem wrote:
Fri Nov 30, 2018 3:36 pm
Now within spitting distance of 87:1.
The historic high was 100:1. I'd like to buy silver at that point.
So would I!
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