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-   -   Gold to silver transfer (http://goldismoney.info/forums/showthread.php?t=34522)

rad 04-21-2006 12:43 PM

Gold to silver transfer
 
What are opinions on gold to silver transfer (via Goldmoney) at this time. Already have ratio of silver to gold of 2 dollar wise in that holding at this time.
I purchased the gold at 462 so will take a tax bite realizing the gain.
Also a 4% fee for the change I think.
I was thinking of a complete change to silver.

Also does anyone know a URL of the gold to silver ratio plotted vs. time, something that can be updated.

Thanks

DrillAndFill 04-21-2006 12:50 PM

Re: Gold to silver transfer
 
I dunno the URL of the ratio plotted over time, but I have seen several such charts, and they lead to only one conclusion: buy silver & ignore gold.

I like gold and think it has a bright future, but silver is lapping gold, as predicted, and will continue to do so for a while. Ted Butler -- I know, I know, this is an appeal to authority and all that rhetorical trickery -- recommends selling all your gold for silver.

In answer to your main question: do it now. This is an easy one.

Ponce Cuba 04-21-2006 01:50 PM

Re: Gold to silver transfer
 
Yeap.......same here........ Gold shines but silver rules :cheerful:

NUTS! 04-21-2006 05:23 PM

Re: Gold to silver transfer
 
I'm currently not selling gold for silver, but I am allocating all future purchase money into silver. If the fees are low on goldmoney, it's probably a good idea to trade for silver.

rad 04-21-2006 07:24 PM

Re: Gold to silver transfer
 
thanks for opinions guys

lhslancers 04-21-2006 07:44 PM

Re: Gold to silver transfer
 
On a % basis Silver will outpace Gold.


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