anyone just buy gold?

[watchesandwhisky]

Its all i buy these days really, anyone else the same here? For me personally it just makes a whole lot more sense. I may buy the very occasional collectible coin in silver but 99% metal investing is now gold. (not that im buying much)

[Tn21]

Yh I see what you mean by gold. Im trying to focus more on gold now then silver but both gold and silver prices are enticing atm. 

[sixgun]

i mainly buy silver. i have never sold any and i can wait.

[mr-dead]

I am just under 95% in gold with 5% in as close to spot silver bars as I could find.

[MancunianStacker]

Check the gold:silver ratio. Buy silver now and when it reverses buy gold. Tbh though I’ve stacked a lot of gold recently 

[xyuk]

I started off with silver, but then realised they are too bulky and don't carry much value. Recently I only buy gold. But it's probably time to add more silver as the price is dropping faster than gold?

[watchesandwhisky]

24 minutes ago, MancunianStacker said:

Check the gold:silver ratio. Buy silver now and when it reverses buy gold. Tbh though I’ve stacked a lot of gold recently 

In theory yes and on paper true, but when you look at the silver premium above spot i think it might not work out as good as it appears. 

[Foolssilver]

I actually see the silver price as more attractive than gold substantially.

Silver is less than 40% of the top price it has been. Gold seems to be about 80% of the max price. Am I wrong for taking this into account?

[bluemoon]

19 minutes ago, Madstacks said:

In theory yes and on paper true, but when you look at the silver premium above spot i think it might now work out as good as it appears. 

That is a very good point. I'm seeing roughly 18% premium on silver on even the best dealers I can find like GS.be. An 18% premium on gold today makes a gold buy at £1082!

[HawkHybrid]

1 hour ago, MancunianStacker said:

Check the gold:silver ratio. Buy silver now and when it reverses buy gold. Tbh though I’ve stacked a lot of gold recently 

 

I look at the gsr differently. if gsr is high then buy gold.

my reasoning is that if the gsr rises more you can

always trade gold to silver and get more silver than

you would have got. if gsr lowers then it's likely both

gold and silver have gone up so your gold purchase

is now in profit(£). only buy silver when it's a sure bet.

with hindsight why would anybody buy gold in 2011

when the gsr was low?

 

when I have some money to save, I try to save it in gold.

silver haven't made me any investment returns yet.

until I can find a way to change that, there's no point

in adding to a losing position.

 

HH

[JunkBond]

I have spent the last 11 months buying just gold but have recently started getting a few vintage 1oz silver bars.

These are purchased more as a collectable than an investment but who knows and while the premiums are

higher than gold the actual outlay is significantly less so I am comfortable with it.

It's supposed to be fun after all.

[PansPurse]

I think that when/if the silver price recovers a bit I may look at transforming my stack more towards gold.

[JunkBond]

41 minutes ago, PansPurse said:

I think that when/if the silver price recovers a bit I may look at transforming my stack more towards gold.

Trouble is they seem to move hand in hand and the gold will be dearer.

[PansPurse]

12 minutes ago, JunkBond said:

Trouble is they seem to move hand in hand and the gold will be dearer.

I'm not convinced. See below images over last five years. Aside from the 2016 jump, silver seems to be on a definite down trend whereas gold is shallower and possibly even sideways:

i.e the reason I want to shift from silver to gold is because they don't seem to be moving hand in hand on a larger scale. Sadly this also means getting a good silver to gold rate anytime soon is unlikely

 

[JunkBond]

Charts!