Gold / Silver ratio revisited

[BigJim#1-8]

71.5/1 Midday, midweek.
https://goldprice.org/gold-silver-ratio.html

 

[BigJim#1-8]

73/1 Friday AM.
https://goldprice.org/gold-silver-ratio.html

 

[BigJim#1-8]

72.5/1 for the weekend. Have a great one!

 

[BigJim#1-8]

71.5/1 For the weekend. Crazy week & the ratio stays almost the same.
Grillin' Ribeye's.

https://goldprice.org/gold-silver-ratio.html

 

[HistoryStudent]

60 to 1 soon...

$41.50 silver $2,500 gold plus premiums...

ON the way to 33.5 to 1

 

[BigJim#1-8]

ON the way to 33.5 to 1

That's about where I last traded Ag for Au. C'Mon 33/1

 

[Silvergun]

That's about where I last traded Ag for Au. C'Mon 33/1

How did your LCS handle this? Did you just trade straight across or did you have to convert to FRNs and then use those FRNs to buy AU?

 

[BigJim#1-8]

How did your LCS handle this? Did you just trade straight across or did you have to convert to FRNs and then use those FRNs to buy AU?

Private transaction.

 

[Uglytruth]

Anyone done that with one of the bigger sellers? APMEX? JM Bullion? DBS? Or are we better off with a LCS even if we don't have one?

I guess what I am looking for is I know it won't be a straight exchange so what fees and charges should one watch out for?

 

[Varmint Hunter]

Anyone done that with one of the bigger sellers? APMEX? JM Bullion? DBS? Or are we better off with a LCS even if we don't have one?

I guess what I am looking for is I know it won't be a straight exchange so what fees and charges should one watch out for?

Earlier in the year I traded Au for Ag at my LCS. Basically, the spot value of my Au was traded for an equal spot value of his Ag plus a small percentage of premium. I owed him a little bit of cash to make things even. So, no fees except a little premium over spot on his Ag for the store profit. Never tried it with one of the biggies.

 

[HistoryStudent]

That's about where I last traded Ag for Au. C'Mon 33/1

I know you learned from your past masterstrokes and NOW are more contrary thinking in your wise investment(s).

Thereby you LOADED up the 1/2 TON 1980 pickup with an UNSAFE load (say, a full TON!) of silver recently when it was 125 to 1, RIGHT?

Buy when they hate it, and follow Jesse Livermore's directions:

1- see the specific item and do your research... decide on a plan

2- BE DAMN right!

3- Take a huge position (as much as you can Afford)...

4 - Sit DAMN tight! (the hardest one, right?)

(buy when they hate it! HS rule number #1)

Example Platinum is way undervalued (aka HATED!) as is silver compared to a $600 high in inflation added 1980 silver at $50 figure...
Silver first...

 

[mining student]

I'm seeing this is quite enticing for both silver& gold investors enthusiasts. People that actually had ''too much jewelry'', according to this article, are ...selling at high prices? https://www.ctvnews.ca/business/can...er-after-prices-surge-with-covid-19-1.5072760
(although this could be a marketing trick like the ''let's tell said artist went platinum'' so the record sales actually hit the sky) https://www.cbc.ca/news/canada/thunder-bay/northwestern-ontario-gold-1.5704029 that's kind of the same, just two weeks after, one ago.

 

[BigJim#1-8]

70.1/1 to start the week.
https://goldprice.org/gold-silver-ratio.html
69.6/1 1:50 EST

 

[BigJim#1-8]

72.6/1 Midday Friday.
https://goldprice.org/gold-silver-ratio.html
71.8/1 For the weekend. Happy Labor Day everyone!!

 

[BigJim#1-8]

73.1/1 Tuesday AM.
https://goldprice.org/gold-silver-ratio.html

 

[BigJim#1-8]

72.6/1 For the weekend. Everyone please keep Taezzar & his in your prayers.
https://goldprice.org/gold-silver-ratio.html

 

[BigJim#1-8]

Thurs AM, 72.2/1 Pretty stagnant.
https://goldprice.org/gold-silver-ratio.html

 

[BigJim#1-8]

72.9/1 For the weekend. Pretty dull...Have a good one anyway.
https://goldprice.org/gold-silver-ratio.html

 

[mining student]

Yes, unless you go for gold yourself. I'm doing some research and will pause my queries after sending some interesting information. I deem this to be worth everyone's while, especially if you ever considered going for gold panning. This brings the search to a different level. The prospector that's talking about the machine here is a British Columbia Geo Science teacher. He's got great skills and a nice way to spend his week-end and pay his bills.

Interestingly enough, this quantity and quality rarely, if ever, reach his pan.

A competitor for the Iconi150 is called the Knelson - I just learned about it while looking up information (the i150 is far too expensive for small scale, but falcon also has smaller models like this one (the 40 ,rather than i150)

Anyways, this can save time and money in the end, not to mention nerves, aches, and pains.

Have a nice week end and enjoy the videos. At least it shows what can be done if one has the motivation

 

[BigJim#1-8]

73.8/1 To start the week.
https://goldprice.org/gold-silver-ratio.html

 

[hoarder]

Since paper metals and physical metals have decoupled, the paper GSR is somewhat insignificant. At this time, I don't think anyone is tracking the price of physical gold and silver and using that information to establish a realistic ongoing GSR.

 

[BigJim#1-8]

77.8/1 in a few hours.

 

[savvydon]

Up over 80 on this morning’s beat down. Silver starting to look like a good play again.

 

[hoarder]

Silver has been looking like a good play ever since 50.

 

[the_shootist]

Spot gold down to $1886/oz but good luck finding any physical to buy for under $2K/oz

Spot price is fake, phony and false

 

[BigJim#1-8]

Up over 80 on this morning’s beat down. Silver starting to look like a good play again.

Yep.
https://goldprice.org/gold-silver-ratio.html
81.25/1 1:45 PM EST.

 

[Uglytruth]

Spot gold down to $1886/oz but good luck finding any physical to buy for under $2K/oz

Spot price is fake, phony and false

Seems a fair amount is available. Lots around $1950. Yea + tax is total BS!
https://www.apmex.com/search?&q=*&f...ity desc&rows=80&view=grid&version=V2&start=0

 

[savvydon]

Asian trading continues the beatdown as silver takes on a $21 handle. Ratio now above 84. Quite the three day move!

 

[the_shootist]

Seems a fair amount is available. Lots around $1950. Yea + tax is total BS!
https://www.apmex.com/search?&q=*&filter=metalName_uFilter:"Gold"&filter=productOz_uFilter:"1 oz"&filter=specialOffers_uFilter:"All Available"&sort=popularity desc&rows=80&view=grid&version=V2&start=0

Yep, it is now. The shiny yellow metal is getting to buy levels for a short while. I ask myself why AGEs are still $2050ish. I don't hear an answer!

Note: bars are the cheapest but they don't do it for me! My first choice was Sovereigns but that ship has sailed. I'm partial to Kruggies now...RCG...Real Cheap Gold! Quite frankly, there are better deals in eBay right now.

https://www.ebay.com/itm/1-oz-Gold-...sh=item2106bf756c:g:tTAAAOSwhX1ev2uA&LH_BIN=1

 

[the_shootist]

Asian trading continues the beatdown as silver takes on a $21 handle. Ratio now above 84. Quite the three day move!

Good, buy the dip!

 

[Uglytruth]

ebay charging tax no matter the state is it sold to / from?

 

[CrimsonGuardJay]

ebay charging tax no matter the state is it sold to / from?

there is no tax on bullion unless youre in some commie state.

 

[CrimsonGuardJay]

Yep, it is now. The shiny yellow metal is getting to buy levels for a short while. I ask myself why AGEs are still $2050ish. I don't hear an answer!

Note: bars are the cheapest but they don't do it for me! My first choice was Sovereigns but that ship has sailed. I'm partial to Kruggies now...RCG...Real Cheap Gold! Quite frankly, there are better deals in eBay right now.

https://www.ebay.com/itm/1-oz-Gold-South-African-Krugerrand-Coin-Random-Year/141847131500?epid=127178016&hash=item2106bf756c:g:tTAAAOSwhX1ev2uA&LH_BIN=1

looks like krugs have a $100 premium, and eagles are like $150 premium. I cant fathom paying such a high spot price, nor can i fathom a premium like that. It feels like yesterday they were $1,150-$1250 and premium was $35.

 

[Uglytruth]

there is no tax on bullion unless youre in some commie state.

APMEX is charging it. Ohio. I think it is tax free in Indiana. Was thinking of a road trip to Silvertown.

 

[CrimsonGuardJay]

APMEX is charging it. Ohio. I think it is tax free in Indiana. Was thinking of a road trip to Silvertown.

there is literally no circumstance i would ever pay sales tax on a bullion purchase. Ever.

 

[BigJim#1-8]

81.30/1 for the weekend. 9 Oz difference for the week. Welcome to Fall.
https://goldprice.org/gold-silver-ratio.html

 

[BigJim#1-8]

79.25/1 Midday, mid week.
https://goldprice.org/gold-silver-ratio.html

 

[savvydon]

79.25/1 Midday, mid week.
https://goldprice.org/gold-silver-ratio.html

Over 81 at days end. Rough one for a silver, unless you are thinking about buying some more.

 

[BigJim#1-8]

80.13/1 For the weekend, virtually no change in ratio this week.
https://goldprice.org/gold-silver-ratio.html

 

[BigJim#1-8]

79.1/1 to start the week.
https://goldprice.org/gold-silver-ratio.html