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Maximizing Your Metals Holdings Using the Gold-Silver Price Ratio (Part I)
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
schiffgold.com / BY ADDISON QUALE / JANUARY 22, 2016
This article was written by Addison Quale, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.
Perhaps you’re already familiar with the investment strategy based upon the gold-silver price ratio. For those who are not, allow me to explain a bit about how focusing on this ratio can actually help you maximize your gold holdings.
(A quick disclaimer – SchiffGold does not recommend the trading strategy explained in this two-part article. Some sophisticated traders of gold and silver do employ it to increase their gold holdings. I’m writing about this, because SchiffGold believes gold investors should be aware of the long-term relationship between gold and silver and the implications of this price ratio. You can read more in our free special report – The Powerful Case for Silver.)
The strategy is pretty straightforward once you understand the gold-silver price ratio. The ratio is exactly what it sounds like: the price of gold divided by the price of silver. As of the writing of this article, gold sits at $1098 and silver checks in at $14.17. Dividing, we arrive at a gold-silver ratio of 77.49 ounces of silver to one ounce of gold. SchiffGold tracks the live gold-silver price ratio here.
The post Maximizing Your Metals Holdings Using the Gold-Silver Price Ratio (Part I) appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/01/24/maximizing-your-metals-holdings-using-the-gold-silver-price-ratio-part-i/
