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/biz/ - Business & Finance

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15760112 No.15760112 [Reply] [Original]

I currently have a 50/50 ratio of silver and gold but gold seems to be the better holder of value. Should I continue to add more gold or add more silver? When I look at my cost basis I have never lost when it comes to gold but my silver I am still in the red.

>> No.15760342

look at the weekly Gold /silver ratio.... as long as it is over 60 I buy silver and sell my gold. when it goes below sixty I sell 80% of my silver and stack gold.

>> No.15760388

If you can afford a half oz of gold, get it, otherwise get a tube of silver sovereigns. If you can afford an oz of gold, get that. Prioritize gold as it is the most stable.
In cases if SHTF you want silver to transact. Gold to preserve your wealth otherwise. Buy a monster box or two , then just accumulate gold. You can’t predict the market but you can store your wealth in an efficient way.

>> No.15760400

neither unless you want to lose money

>> No.15760448

>>15760400
discard fiat, acquire wealth bro

>> No.15761212
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15761212

silver is the future

>> No.15761369
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15761369

>>15760112
this is exactly when you should buy more (silver), fren.
remember, bars for profiteering back to fiat/whatever electronic crypto will be the mainstream currency, small 1oz and 1/2oz coins to survive and trade during a collapse.

>> No.15761410

Stupid question, I'm new to this but I got 2 gold coins and 1 sliver coin from a vending machine which is 3$ obviously. Should I hold on to these?

>> No.15761944

Is it true that silver is worth like $300k in Venezuela?

>> No.15762256

>>15761944
Lol if it is I'm buying some Venezuelan women

>> No.15762271

>>15762256
Nah, it's only around $36k an ounce.

>> No.15762284

>>15762271
Which in there money is like 10$usd

>> No.15762290 [DELETED] 

>>15762284
No, in USD it's worth $36k, in their money its $365k

>> No.15762312

>>15762284
how much is 1 VEF worth in USD?

>> No.15762317

>>15762312
Google it

>> No.15762319
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15762319

>>15760112
silver has failed to maintain good money characteristics through the industrial revolution.
silver is only good for speculation and there are much better things to speculate on than silver

>> No.15762320

>>15762317
I did and got 2 different answers.

>> No.15762329

>>15760112
focus on real stores of value, like deflationary tokens

>> No.15762342

>>15762329
Fuck off with your shit coins

>> No.15762355
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15762355

>>15762319
we buy silver to ride the inevitable fiat collapse out, not for abysmal % gains in worthless FIAT
>>15760112
should be at a 80/20 ratio
silver more important than gold

>> No.15762980
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15762980

>>15762319

>> No.15763128
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15763128

>>15762342
great month september was, how about (((gold)))

>> No.15763188

>>15763128
God damn you are a brainlet. GTFO with your shit coins. That shit won't be around within a year.

>> No.15763220

>>15760112
100% into gold now that you a have a bit of silver.

t. Your future boomer self

>> No.15763232

>>15762355
>we buy silver to ride the inevitable fiat collapse out, not for abysmal % gains in worthless FIAT
Fiat is not an acronym. Stop capitalizing it as if it were a low-end, Italian automobile manufacturer.

>> No.15763275

>>15763188
people said that 3 months ago

i welcome to prove you wrong too

>> No.15763696
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15763696

>>15760448
This *siiiip*

>> No.15763725

>>15762980
Saved

>> No.15763803
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15763803

Because silver is cheaper, it allows you to buy 10oz bars (allowing you to buy within $1 of spot) across a span of time that allows you to both

-Save money each purchase
-liquidate set portions of your entire stack when you want to sell but not sell all of it
-better keep track of your $/oz and react to fluctuations in the market to accumulate and reduce your average during dips

Because gold is so expensive at smaller quantities, it is harder to do these things. It's more for rich people.