Is it better to have 70 OZT of Silver or 1 OZT Gold
Gold or silver, which is the better buy right now?
Let’s talk about ratios. If your at a party and the ratio is 1 to 1 guys to girls, 
your pretty happy.
Now say you go to a party and the ratio is 10 to 1 guys to girls..... 
we call that a sausage fest and those SUCK!!
The gold to silver ratio can be the same way. It can be awesome or it can suck. Precious metals will always be money, and when they are tied into a stable currency they can be a great backing for fiat notes or digits. When silver and gold come out of the ground, according to geological surveys silver is 15 times more abundant then gold.
When the Roman Empire was in control of the world they were on a 12 to 1 ratio of gold to silver. And one weeks of labor was worth a 1/10th of and ounce of silver. 
photo credit ancient.eu
Ok in 1787 the United States constitution placed congress in control of the money and by 1792 Alexander Hamilton came up with a 15 to 1 gold to silver ratio. Making gold, silver, and copper coins otherwise known as hard money! 
photo credit coinquest.com
You can see here the moves up and down of the ratio. Their was some stability when we were on a gold standard. 
And then look at the volatility of the ratio! It looks like a speed junky hooked up to an EKG machine 
to me it looks like this guy is getting ready to flatline....
When the Hunt brothers tried to short the market in the 1980’s we saw a short time of a 16 to 1 silver to gold ratio. 
photo credit globalbullionsuppliers.com
Beginning in the early 1970s, Hunt and his brothers William Herbert and Lamar began accumulating large amounts of silver. And by the end of the 1970’s they had nearly cornered the international market. In the last half of 1979, the Hunt brothers profited by an estimated $4 billion in silver speculation, with an estimated silver holdings of 100 million troy ounces.
I don’t even know if we all pooled our silver together that we would have that much! Lol
The 20th century has given us huge amounts in debt and wide swings in the gold to silver ratio. 
The average price of precious metals was at a 50 to 1 in this crazy century.
And now we are at about 75 to 1 gold to silver ratio!
I think that when an asset is this undervalued like silver is, and when you think of all the industrial and medical uses of silver. I can see it going to a 20 to 1 or even a 10 to 1 ratio for a short time.
Silver is the most conductive of all the metals and with us moving into a digital world, silver could be the best investment ever!
20 trillion in debt, 40 million Americans on food stamps, manipulated job numbers, the stock market at all time highs in a melt up, and last time this happened was the dotcom bubble. I feel inflation is coming and the best way to protect your family is in precious metals.
Remember you can only hold a beach ball below water for a short time before it explodes up out of the water 
So when the ratio gets back to more of a natural balance and gold and silver skyrocket. 
photo credit www.ddees.com
Will you be selling your silver for fiat or trading it for gold?
This is a fantastic write up and description of the silver gold ratio. The party example was perfect. The history from Rome to American history is absolutely On Target. I completely agree silver is way under valued. As such, today I recommend buying silver. When the ratio starts to correct, I'll trade the silver for gold.
Wow great minds think alike!! I love silver and enjoy pouring it. But when it’s this undervalued at 75-1 it only makes sense to stack silver! It’s very interesting how history repeats itself.
Definitely a great time to be stacking up the “flip” ounces — cheap generic held in reserve for precisely this event that is sure to come.
I hope it doesn’t happen to soon! I’m enjoying these metals being on sale. And soon the silver will turn into gold.👍🏼🍺🥓
True dat!
Gold all the way baby, once that thing it's 40 to 1, I will sell half of my silver and buy gold with it.... excellant post @stackinag47
What Ray said...
Thanks brother! What ever I owe on the house I will pay off if the ratio corrects and what ever I have left over will go to gold. And then when the ratio gets off balance again I will buy silver and convert it the same way!
Silver is better than gold.
Yes silver is my jam!!
I have only been dealing with silver but have been looking at gold recently.
Now that i have learned that its down to a 75/1 im thinking i might just stick with silver.
As for selling silver for fiat, im starting to use silver insted of the bitcoin atm when i need a little spending cash. i end up paying less as crazy as it sounds. Coinme bitcoin atm has over 145% fee. so 45bucks in bitcoin isnt enought to cash out 20 bucks (at the bitcoin atm because they want 145%+ cut) where if i got a silver round i paid 18 bucks for i can cash it in for 16 and have only lost 7%.
Nice post! I will stick with silver until the ratio gets back to a more normal 20-1 then I will trade in some silver for gold. I will give you close to spot if you want to sell your silver. I can PayPal, let me know!
At this point im just selling a round or two here and there but if i end up where im going to get rid of more then just a round or two for the week ill hit you up. Moving in a couple months too so might sell a bit right before the move.
:D
I will be sure to keep your name at the top of the list for people to sell silver to as i love the idea of my silver becoming legos.
Cool! Good luck with the move. The nice thing is metals have been going sideways for a few years now and I see anything changing soon!
im looking forward to when the value reaches where it should be IMO but till then keep stacking more and more.
:D
i like sideways. lol
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Gold son! Unless I have to buy one of those tacos to eat when I am old. 😂
fascinating I never even realised silver was as close to Gold in value ever. Until i read this
Thanks for shareing.
Yes in fact at one time Gold and silver were the same price. And with how long metals have been suppressed I could see it doing that again for a very brief time.
I think silver is still the better buy with the current price and ratio, however I will pick up small amounts of gold too. Great post @stackinag47!
Very small amounts of gold until the ratio shifts closer to a 20-1 ratio. Then 1 ounce coins for sure! Thank you brother for your support👍🏼🍺🥓
Ratio has to change for the better sometime. Hope I'm alive
We will be alive brother and we will be the ones on the right side of history when it does! 👍🏼🍺🥓