 Maybe we are in an artificial 1893 silver "Panic".
Back then countries like Argentina, for those who don't know 'argent'
means silver, and the US were producing massive amounts of silver from huge
discoveries, some so rich, the metal was in a 'natural' state.
That drove the price of silver south, and 'bi-metalism' was stressed as
gold demanded a price higher than the 16:1 ratio stated by the US government.
That's not a conclusive historical survey folks, just a small facet of the "Panic."
Look, today, the ratio is around 60:1, depending on the year and day, silver
has hardly ever seen such a low ratio in all of its bi-metal history vis-a-vis gold!
See those silver to gold ratios Sanders is using to make his point for a play
between the two metals?
Look, do you have the guts to play those margins and make a profit while
working your day job?
Silver is you entry level metal. It is volatile, and right now, at about 60:1 to gold
it is relatively cheap.
So here's an idea an old f**t suggested for new investors: for every 60 silver ounces you collect,
budget to invest in one ounce of Gold.
It keeps your silver to gold ratio at 1:1, and it is simple.
Look, the markets are very manipulated, you are working, and you cannot possibly
keep up with the ratio spread and use it to invest and cash out given today's
premiums.
Face it, you as a small metal accumulator cannot play that market, so don't!!!
Use a Dollar-Cost-Average monthly/weekly outlay to control your investment
expenditures and maximize your yearly accumulation.
Metal is cheap right now, and headed south for the immediate future.
Kick in a few bucks for silver and gold, buy 60 ounces of silver for
every ounce of gold over the next year.
Just do it. Many people got burned when metal hit highs back
in 2010 and 2011, because they entered at the top.
Buy low, sell high.
Guys, metal is low, may go lower, now
is the time......not when metal goes parabolic.
DCA, all the way!
 Commenté il y a 3999 jours |
