For those of you who care, this move is huge....& will continue.

Greetings Collectors,

Each time I post a journal I always say to myself, this one really needs to be shorter. I have never really forgotten a fellow collector say to me via a message, "I've quit reading your journals because they're just too darn long". For this I apologize. It is never meant to be that way but seems to always turn out that way. Oh well, that 'ol saying... "You can't please everyone.

I'm gonna try to keep this short. My trade with a fellow CS member/collector went off without a hitch. We both received our respective packages on Monday. I was pleased and Ross said he was pleased also. "Thanks again Ross". Below is is the "mini-hoard" I received, which includes quite a few (#16) nice S.L. quarters, a quarter roll of peace dollars, numerous Mercury/Barber/Rosie dimes, Walkers, Franklin, several 30% silver "war nickels" and along with some 4 limited edition Disney collectible 999 silver rounds, a nice bunch of nearly 10 ounces of misc. foreign silver coins. Just a great potpourri of wonderful silver. And lastly, a couple nice foreign gold coins that are equaled to a 20 Franc (approx 1/5th oz.) & a 10 Franc (approx 1/10th oz.) But I want to add, Ross is a "true collector" and one that goes by the reasoning that "roll searching" is "collecting" at its best. You gotta admire collectors like that.

Sharing this pic of my deal with Ross goes well with the purpose of this post. Silver is well off its "highs", BUT... the silver ratio to gold move this week has been "HUGE". On the 21st I shared that the ratio was 57.877 In the time-frame of less than one business week, the ratio has moved back and forth to settle a few minutes ago at 55.034 This of couse changes by the second but my point being that I have been watching the "orderly" downward spiral of this ratio that, as I have mentioned many times in previous posts, this ratio for over 150 years was 20 to 1 ($20 gold vs $1 silver dollar). For this move, those of you who can do the math, this, an almost 3 point drop relates to a huge increase in the worth of silver compared to gold. Please keep watching this as it will continue. I'm not saying it could drop to the "old days" of 20 to 1 but it "WILL" continue to narrow all the way down to the 30's. I still love gold and will continue to buy or trade for it when I can, (it has just about become too expensive for any future purchases by me) but silver will continue to mirror the yellow metal and at the end of the day,(month, year, decade etc...) the percentage moves every year will beat it, "hands down"!

I also want to add in closing that I have really enjoyed reading of the "great finds" that our fellow collectors have acquired. Please continue to share the results of all the "roll searching". When you think about it, that's probably the way 99% of us started in this hobby. Looking through pocket change and rolls obtained from the bank or a store. I know that's the way I started. Well, so much for the "short post". sorry...

Happy Collecting!

WKF

P.S. And again the silver to gold ratio has dropped to 55.034 as of within the last couple hours of this post. For those of you from "Rio Linda" that means that it takes roughly 55 ounces of silver to equal 1 ounce of gold.