/biz/ - Business & Finance

When will you sell your PM miners? When the gold/silver ratio looks frothy?

Some people will make fortunes, others will be left holding the bag, coping, seething, moaning about market manipulation.

I think 60 to 55 silver ounces to gold ounces, I would be dumping. And I'd be OK with being early. At $3k gold that would be $50 silver.

Lads, I just sold part of my physical gold ETF and bought more of the gold miner ETF. I do this when the ratio on a 1 & 3 year lookback reaches tenth percentile extremes. I don't look at moving averages or chart patterns of any of that shit, just the ratio.

When the miners get a bit exuberant vs gold, could be a couple of years time who knows, I'll rebalance from them back into physical gold. If I was any good at Excel I could backtest this strategy, it probably does quite well.