Gold Silver Ratio (swap)

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#1 Fri, Jun 29, 2012 - 9:59am
Guyver
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Joined: Jun 14, 2011
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Gold Silver Ratio (swap)

Hi Turdites,

I was thinking about swapping some gold for silver at the moment since the ratio is about 1:58. My PM dealer offers me 1:50 ratio. I was told that that is about 1% premium. I was wondering. Is this a good offer I can take? I am "losing" about 8 coins in the trade and later back again when I want to go back into gold again at 1:35 let's say. Would love to hear your thoughts. Thanks.

Guyver

Edited by: Guyver on Nov 8, 2014 - 5:06am
randomness