Trade Pms

I would highly recommend that you read up on the GSR (gold silver ratio) and when to do a swap...



Currently the GSR is 73.. and has been in the low 70's ranges for awhile... I'm still holding out to do a swap around the 80 mark...

I would also highly recommend that you don't swap unless you have 10K in value that you're swapping out... if the amount is too small the exchange at the LCS or how ever you manage it.. can eat into any potential free metal that you would be getting.

I think gold reminds me of $1,180 dollars way to much. This chart above is good and funny.

First I have to say.. I cannot take credit for this chart... I read a few other forums.. one at kitco.. and this chart was displayed there a few years ago.. it's always been in my memory as it's absolutely perfect in showing what you should do and when with respect to the GSR...

The kitco forum is a great place for information if you can weed out some of the trash that's put on there by doomsday preppers, surrealist stackers, and political conspiracy theorists..

Second note... Real Money.. if you are looking to swap.. do it all at once...(as I said earlier it's really only benefitial to swap when values exceed 10K in material) I have found in doing some calculations that smaller swaps just bring about negligable returns...

I still have most of my PM money on the side lines and have been out of it just prior to the "big drop" a few years ago... I have bought silver since and as of late I have really been picking up more here and there... Any time I can get silver under $20 CAD an ounce I feel is a good bargain. ...

Approx. this time last year I liked gold.. not it's price point exactly but it's relative cost USD-CAD.. the CAD was almost at par... I had invested a good bit into the money market buying US & and some other conservative instruments such as U.S. T-bills... but I also saw gold then as a sale knowing the CAD wasn't always going to be at par and 15% correction was inevitable. So I bought some gold...

Now I have been buying silver.... I like it when it's below $20/oz for me... and so I pull the trigger if/when I can.. if the GSR goes above 80 I'm selling bullion.... 85 all other special gold if it hits 90 I will personally take every piece of gold out of this very computer I'm typing on and any other souce in my house and hawk it for the silver shiney...

Thanks for the advice/info AgCoinAu!

I believe Peter Schiff reported that 2014 was a good year for Gold in almost every major currency/economy, except of course the USD. I remember him specifically mention the CAD, so if you did trade some CAD in for gold you likely made a few loonies.