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RE: What is the Gold to Silver ratio? and why is it so important to us stackers? #192
Nice post. 2 other points come to my mind. 1) the actual mine yield is about 10 to 1 - meaning they pull out about 10 ozs of silver to every oz of gold. So the ratio should be closer to 10 to 1, that would put silver at about $130/oz. 2) If you're willing to take a risk, take a look at the silver mining stocks. The beating of the silver price has put many of them out of business and the remaining one's stock prices are very depressed. If silver (physical) does a moon shot, the stocks should also do well.
I am aware of the mining ratio's. Its crazy they can mess with the price so much for so long. I remember around brixit time, silver mine shares were doing very well. Its something i know nothing about and paying the education in mistakes to learn and game that game is beyond my potential.
Thanks for reading and commenting buddy. Stack on!! Viva La Silver!!
I don't think the mistakes are due to a lack of knowledge (Ya sound pretty smart to me). I think we make mistakes because they manipulate the market and how can anyone predict why, when and what their attack will be. All I am hoping for is the bottom to drop out of their manipulation tricks. Stack and steem on.
Stacking and steeming is the main plan, build the base then start playing the field.
Stack on Bud :)
Agreed. My plan is to rely primarily on tangible assets but to take a percentage to dabble in crypto. I don't feel very confident in cryptos because they are intangible but they do appear to be the highest yielding currently.
I think we share alot of of the same views
You're right. Have a nice day.