An old (2010) post but a good one
GGR Excerpt - The Silver Plan
HOUSTON – With gold thrusting higher, very close to its all time highs; with silver probing new bull market highs in the $34s and the gold/silver ratio at 30-year lows near 41 ounces of silver to “buy” an ounce of gold, we present below a short excerpt of Sunday’s full Got Gold Report. The full report was delivered to Vultures (Got Gold Report subscribers) Sunday afternoon via email and posted on the password-protected GGR subscriber pages then.
This particular excerpt sets out our own plan for what to do with our holdings of physical silver. It is therefore our “game plan” for the silver “endgame.” Each investor must make up their own minds about such things and our plan is uniquely suited to our own situation, expectations, temperament, etc., so it is unlikely to be appropriate for everyone.
In short, this excerpt of the full report gives Vultures an idea of what our plans are – as merely an idea, a starting point to consider in their own careful deliberations for their situation.
With that intro, below is an excerpt of the full 27-page Got Gold Report from Sunday, February 27, 2011. To subscribe to the Got Gold Report, please click on the GGR Subscribe link above and to the right, and thank you for doing so. Subscribers help to make GGR possible.
The Silver Plan
It has been a long time coming, this major silver “catch up” move to gold’s big rally (or the dollar’s demise, whichever one prefers). We cannot know for sure, indeed no one can, but we are of the firm opinion that silver has begun its rapid march to reclaim its historic relationship to gold. If it unfolds even close to the way we expect it will, before this secular bull market for silver expires in the future, we expect that silver will have returned to something between 15 and 20 ounces of silver to one ounce of gold.