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Replies: 25 / Views: 4,923 |
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Pillar of the Community
United States
1327 Posts |
I vote silver, since if you buy the same amount dollar value you can get alot more silver for the price of gold and it only take a littel move to make good money were Gold need to move more to make the same % of profit.Also I feel that down the road we will run out of our silver supply since it is not refined as much as gold and we will some day run out of it.
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Pillar of the Community
United States
1247 Posts |
I voted for silver. It doesn't seem to make sense that silver would out perform gold so much. But then again, what does make sense? Before New Century became the Son of Enron people bid the stock up to what? $66 at it's high? Based on a business plan that basically said: Dudes we'll make sub-prime loans to people that will never be able to pay us back! 
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New Member
Belarus
30 Posts |
I think that gold is not a liquid assets in comparison with silver. My choise - silver.
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Valued Member
Philippines
156 Posts |
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Valued Member
Ireland
498 Posts |
For me at present silver for assurance or economic melt down gold.
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Moderator
 United States
23731 Posts |
For me it's silver, it's still easy to come by and there are many beautiful coins still out there to add to a collection.
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Pillar of the Community
United States
1031 Posts |
I believe silver is the better investment right now. I think it has the potential of higher short term profits compared to gold. However, I believe that everyone should diversify and own some of both.
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Valued Member
United States
159 Posts |
When silver was under $6 an ounce I bought a ton of 40% silver halves because they were available for around 75 cents each. With a face value of 50 cents the downside risk was minimal. With current spot prices the downside potential for gold or silver is there. I give a slight edge to silver because of the many industrial uses that exist. Has anyone noticed that silver has gone up despite the fact that two of the more popular uses for it have dwindled? It seems to me that photography and dentistry are using far less of it than in years past.
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Pillar Of The Community
3147 Posts |
I still believe silver will out perform gold percentage wise should a huge jump in value occur. Lets say gold will double, thus taking silver along for the ride, and it (silver) goes to $35 or $40 per ounce. While owning both metals would be great I feel silver's potential for increase will be greater than that of gold.
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Valued Member
Netherlands
376 Posts |
You never buy gold coins under 1 us-dollar... but old silver is not recognizable with the main public, which calls them nickels instead. So You can buy silver quarters in the Netherlands for face value...
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Replies: 25 / Views: 4,923 |