crudeFool Posted November 1, 2007 Report Share Posted November 1, 2007 Hi All. In my SIPP, I've now got approx 50K in Gold Bullion Securities (gold bullion) and 15K in Merrill Lynch Gold. So about 25% in mining and 75% physical gold (or as near as I can get via a pension!). What are you thoughts in regard to the ratio of physical gold to gold mining shares? I'd thinking of upping the gold mining ratio to around 35% and 65% bullion. (I also posted this on the HPC forums) Regards, crude Link to comment Share on other sites More sharing options...
drbubb Posted November 1, 2007 Report Share Posted November 1, 2007 At first, I thought you were speaking about the PRICE RATIO we have spoke about this on other threads... I like to use : HUI-to-Gold and GDX-to-GLD chart ... update The ratio tends to be a leading indicator for gold and gold stocks = = As to the ALLOCATION of my portfolio to: Gold, Gold shares and Cash =============== Presently, I hold no gold, record levels of cash, large put positions, while continuing to hold perhaps 60% in core gold shares, other resources, and special situations. Yesterday was a big down day in the market, but I made some money thanks to my puts Personally, I prefer Gold shares to gold, since they typically have more gearing in a Bull market. I tend to try to trade the swings in Gold, based upon my seasonal and technical indicators. Over the years, I have massively outperformed Gold this way. But it takes nerves, pin-point timing, and occasional nail-biting moments. This way of trading is not for everyone. To hear my reasons for being so defensive now, listen to the end October CW Radio podcast : http://commoditywatch.podbean.com/ Link to comment Share on other sites More sharing options...
crudeFool Posted November 3, 2007 Author Report Share Posted November 3, 2007 Thanks for replying DrBubb. At first, I thought you were speaking about the PRICE RATIO My title could have been clearer! I think in my SIPP, I'll up the amount of Merrill Lynch gold shares by selling GBS. we have spoke about this on other threads... I like to use : HUI-to-Gold and GDX-to-GLD chart ... update The ratio tends to be a leading indicator for gold and gold stocks Cheers - I'll look into this. To hear my reasons for being so defensive now, listen to the end OctoberCW Radio podcast : http://commoditywatch.podbean.com/ Funnily enough, I was listening to these yesterday at work. I listen to Jim Puplava webcasts early in the week followed by CW radio at the end. Keep up the good work. Regards, crude. Link to comment Share on other sites More sharing options...
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