Ratio of silver/gold

[StevenM]

Afternoon, 

I am after some advice.

I started collecting silver in the middle of last year, what sort of ratio of silver/gold is good to have? 

I have no gold at all at the moment, I am thinking of starting with some sovereigns. This is just due to cost etc as 1oz coins/bars are just too much for me to invest in per month.  

All advice welcome  

Thanks. 

[Pete]

Perhaps a good ratio over time is 50 / 50 by value.
It can be daunting the first time you purchase a gold bar weighing a few grams or a coin like a half sovereign or tenth Britannia.
When you open the package and at the same time say to yourself " how much did I just pay for this .. ? "
It takes a while to sink in so be prepared when your first gold turns up.

[StevenM]

3 minutes ago, Pete said:

Perhaps a good ratio over time is 50 / 50 by value.
It can be daunting the first time you purchase a gold bar weighing a few grams or a coin like a half sovereign or tenth Britannia.
When you open the package and at the same time say to yourself " how much did I just pay for this .. ? "
It takes a while to sink in so be prepared when your first gold turns up.

That's why I was thinking sovereigns for now and just stick to them until I get a good balance of silver/gold. have to keep my hands in my pockets and stop finding all these silver bargains on the forums 😄

[Pete]

Just now, StevenM said:

That's why I was thinking sovereigns for now and just stick to them until I get a good balance of silver/gold. have to keep my hands in my pockets and stop finding all these silver bargains on the forums 😄

A "bargain" generally means a purchase below an average or median price or at least a great value purchase.
You are less likely to get a "bargain" buying gold but you will come across "bargains" buying silver coins.
Gold is priced from the best places with very little spread on price, unlike silver which has a big spread.
Don't forget to include any costs of shipping / insurance

[CosmikDebris]

1 hour ago, StevenM said:

I have no gold at all at the moment, I am thinking of starting with some sovereigns. This is just due to cost etc as 1oz coins/bars are just too much for me to invest in per month.  

Personally, I would give Glint a look. You can buy gold at 0.5% over spot and spend it when you like with a master card. It also enables you to buy other currencies at the same rate which is good if we are ever allowed to travel again!

I would also hold some gold at home. Personally, I own no silver, just gold. I wouldn't pay more than £25 an oz for silver either, but that might turn out to be be mistake one day.

https://glintpay.com/

[HawkHybrid]

try to work out the purpose of each metal and buy as much as you need of each one

independently. this will allow you to create a correct ratio that is unique to you.

recognising the gsr is one thing but sticking rigidly to it is probably not the best way to go.

 

HH

[StevenM]

46 minutes ago, CosmikDebris said:

Personally, I would give Glint a look. You can buy gold at 0.5% over spot and spend it when you like with a master card. It also enables you to buy other currencies at the same rate which is good if we are ever allowed to travel again!

I would also hold some gold at home. Personally, I own no silver, just gold. I wouldn't pay more than £25 an oz for silver either, but that might turn out to be be mistake one day.

https://glintpay.com/

Thanks, but I am after physical investments  

[StevenM]

24 minutes ago, HawkHybrid said:

try to work out the purpose of each metal and buy as much as you need of each one

independently. this will allow you to create a correct ratio that is unique to you.

recognising the gsr is one thing but sticking rigidly to it is probably not the best way to go.

 

HH

Yeah I have no gold and just wanted a rough guide... I have no real goals at the moment just starting out.

[Spark268]

the long term average ratio of silver to gold is around 4-25, so as long as the ratios above that (its currently around 68 i beleive), it makes sense to hold around 50:50.....

[Kman]

Zero silver other than proofs

 

 

 

[Alex944]

Whatever works for you will work, though I'd say that stacking gold requires a lot less space that stacking silver in terms of locking up your cash. If you're just starting out, I would say go for anywhere between 60-80% silver and about 20% gold. It'll give you a chance to try some designs in silver and enjoy those. Gold is great to have but of course is a bigger barrier to get in as opposed to silver. Starting out with a couple of Sovs is probably the best way to go, but I'd encourage to not shy away from other smaller gold coins, considering 1/4 oz coins or some older currency coins. Pesos seem to be quite popular, I particularly enjoy the Dutch 10 Guilder coins and these are much more affordable than standard 1oz gold coins.

[Guest]

I buy whatever is cheaper at the moment. I have bought in 2016 and 2017 and haven't bought ever since.