Loading ...the big switch from gold to silver
Jacked Up Greetings to You!
What I’m all jacked up about is having recently made the switch from gold to silver, as that was obviously the best choice at this moment in time. Gold served me very well, but it’s now time for a good run with silver. That story is in this link:
https://balloonbill.smugmug.com/Other/Gold-To-Silver
Also, these links are to a couple of small galleries from recent flights around Central Oregon:
https://balloonbill.smugmug.com/Other/Pine-Mt-Flight
https://balloonbill.smugmug.com/Other/Wickiup-Flight
Wishing you a shiny silver lining every time!
SilverBalloon dba GoldBalloon
PS Timing is everything!
So your switching from gold to silver vehicles is what caused the silver breakout and the falling GSR. Thanks for doing so and triggering the BO in silver. LOL
The reason I switched is because you were so adamant that it was time to. Thanks!!! 😉
PS I much prefer the look of the SGR, so let’s use it 😉
Converting decimals to determine percent gain/loss against the other – no thank you.
I’ve tried this with the GDX/GLD ratio – agree the denominator should be gold but for my brain, I like dealing with near/whole #’s
I agree with you about the crazy-looking decimal numbers, but in what will hopefully be a generally silver-positive ratio for quite a while, I simply prefer seeing the bars and lines going up.
That’s the way Michael Oliver uses it and he says that over something like 50 years a ratio of 2% of the gold price is normal for silver. He says it could get closer to 5 or 6 percent during a silver run.