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#1 2017-01-07 08:05:03

MerlinAurelius
New Member
Registered: 2017-01-07
Posts: 3
Trades :   

New from New York

I'm originally from upstate NY and currently live in South Korea. 

Look forward to joining the community.

I currently have 3 1/10th gold coins, a 3.75 gram gold bar, and 15 ounces of silver not including my ancient coins and other coin collection and jewelry.

I have seen some interesting bullion coins and bars here in South Korea.

I'm fairly new to stacking and my goal is $5,000 of my wealth in precious metals.

In my opinion, precious metals are good for storing wealth that is to be passed from generation to generation. After meeting my stacking goal, I plan to use the gold:silver ratio to increase the size of my holding without having to pay anymore out of pocket.

I plan to liquidate my holdings of gold or silver, using say Apmex, and then buy the other when the gold to silver ratio is favorable.  I buy silver when ration is ~75:1 or above(like now). Then sell the silver and buy gold when it is 50:1 or below.

If I buy 150 ounces of silver @ 75:1 it takes 75 ounces to equal one ounce of gold so my 150 ounces of silver is equivalent to 2 ounces of gold.
If I then sell my 150 ounces of silver when the ratio is 50:1 and buy gold, that 150 ounces of silver now turns into 3 ounces of gold, and I didn't have to pay anymore out of pocket. This is how I plan to do it. And teach my children to do the same with the precious metals I pass on to them. Simply an inter-generational savings account.

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The following user says thank you for this post: bordsilver

#2 2017-01-07 08:20:21

Bosse68
Silver Stacker
From: Sweden
Registered: 2014-03-26
Posts: 602
Trades :   
Website

Re: New from New York

Hello, welcome to the forum

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#3 2017-02-23 07:07:05

andsing56
Silver Stacker
From: Tokyo, Japan
Registered: 2013-07-23
Posts: 1,017
Trades :   167 

Re: New from New York

I am your neighbor over in Tokyo, so a big welcome from Japan.

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#4 2017-02-23 08:07:21

andrewlee10
Member
From: Singapore
Registered: 2014-01-06
Posts: 1,998
Trades :   28 
Website

Re: New from New York

Welcome welcome interesting stacking


www.chinesemedals.com  Here is our website. We do collect, but we also sell what we collect, to folks like you, all over the world.

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#5 2017-02-23 22:08:02

GRETZKY427
Silver Stacker
From: Australia/Canada
Registered: 2014-11-21
Posts: 1,083
Trades :   65 

Re: New from New York

Welcome to SS

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#6 2017-02-24 17:58:59

Ipv6Ready
Silver Stacker
From: North Sydney
Registered: 2016-01-08
Posts: 2,261
Trades :   39 

Re: New from New York

Welcome, I'm heading to Korea for few week in April. Haven't been for ages and looking forward to it.

Also if you have the chance look for these, http://forums.silverstackers.com/topic- … hting.html

Could be a good buy.


WTB 4 to 6 grams of pure gold. Don't care if it is coin, bar or granules. Near spot, suits anyone who has been tempted to open a certicard or just have some granules to make a ring

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#7 2017-02-28 22:21:54

fscked
Member
From: The Shire
Registered: 2015-08-22
Posts: 159
Trades :   

Re: New from New York

Welcome dude, interesting strategy.

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#8 2017-02-28 23:31:16

Boyscout
Silver Stacker
From: Sydney
Registered: 2014-10-31
Posts: 1,123
Trades :   117 

Re: New from New York

Welcome

I like your way of thinking

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