/biz/ - Business & Finance

For those of you planning to swap your silver for gold when the GSR corrects, what exactly is your plan?
As we all know both gold and silver generally move up or down alongside eachother. Meaning if silver looks like its topping out, gold would most likely be as well.
Lets say hypothetically, gold goes to $20,000 and silver goes to $1000 over the course of 5 years. You could:

1. sell your silver at the top for cash. Immediately use the cash to buy gold. Watch silver go down 50% and gold down 30%. (Reduced downside potential, without having exposure to fiat, but you would effectively be buying the gold top in case of a multiyear bear market)

2. sell your silver at the top for cash. Wait for both metals to pullback deeply. Then use cash to buy gold. (Very risky to hold cash for long periods of time, pullback may never come as both gold and silver go to infinity, priced in USD.)

3. sell your silver at the top. Use cash to buy some other kind of asset such as land/housing/other commodities that have underperformed compared to gold and silver. (Putting aside USD valuations, both gold and silver will be in a bubble one day in terms of gold:oil, silver:acre, etc.)