Hi britcoin,
I think you're right (of course i do lol), but seriously, there is very little downside risk left, but there is still some...
Presently we are at about 75:1 silver/gold ratio. When it hits over 80:1 you will know we are closing in on trench warfare lows. And if it hits above 85:1 - 90:1 then it is time to sell everything and ounce up! On the other end of the spectrum (moving forward...) the ratio hit about 34:1 in 2010 when silver was up at almost $50 (Canadian) an ounce.
I absolutley adore silver. But i am interested in playing the ratio long term for a steady, if slow, accumulation of gold. It's just an extra angle to play above and beyond being a collector and/or bullion stacker.
Thanks again for your sweet contest @britcoin -- i am soooo excited to see the Lion! And also, for being a real authority (in uk coins at least) and in sharing your knowledge. Steemsilvergold, and its members, has been a very happy discovery for me, and an increasingly lucrative one :). My next gold purchase will be a 1/2 sovereign. After looking at your pics i can resist no longer lol!
Cheers @britcoin! Stack on, steem on and keep on keeping on!