64.617 Do you know this number?

avatar

Afternoon everyone....

While I am absolutely puzzled with the current prices of precious metals. I’m also trying to figure out what exactly whomever or whatever is causing this is trying to gain.

I don’t really care.....

The number you see in the title 64.617 is the number that is what matters. See that number is the current gold to silver ratio at the time of this post.

Why is that, you ask?

Because when that number gets under 45-1, I’m going to convert 60-70% of my silver to gold. So price means nothing to me. I will hold my gold until the silver ration go back over 85. Then I will convert 70% of my gold into silver. The remaining 30% of gold is my profit from the swap.

This will double my silver holdings and quadruple my gold position. Winner, winner......


BEC85B968CA2471B90BD3550279A305D.jpeg

Then hopefully I get to do this one more time before I retire. Which will be a very nice send off to retirement.

Are you interested in playing the ratio?

Let me know

Posted Using LeoFinance Beta



0
0
0.000
10 comments
avatar

Im hoping for 30 to 1, i think it will happen.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I don’t think it will get that low. And if it does it won’t be for very long and no one is going to swap it out for you at that ratio. Good luck though

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yes, I am interested in ratios!
I sell my silver and convert to gold!

0
0
0.000
avatar

Smart. No you don’t sell it, you convert it with a dealer. No money changes hands.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Oh, thanks. I was wondering how to do it! I have not sold a single piece yet, hehehe!
I was thinking I would bring my silver to one of the LCS.

0
0
0.000
avatar

I have a tidy pile of Generic bars set aside for that opportunity.
Nice to have enough metals to diversify in tactics and strategies.

Posted Using LeoFinance Beta

0
0
0.000