Silver Or Gold

Both have seen a tremendous rise over the past year, perhaps too much too quick. If I were to venture a guess as to which one will continue on higher at this point I would have to say silver.

don't know why I had a double post my bad

I voted for Silver because I have always made a better return on silver investments and always will.

I don't know guys...when I think of Silver I think about HAW Tabor and then the "Hunt Brothers" and the availability and fluidity of the Silver Market. That's only a cautionary guide to my investments. Gold does have the possiblity of confiscation I suppose. It's still a difficult choice..oz per oz, weight, marketability, long term vs short term, history and there's the old story of "history will repeat itself". An even portfolio may be the wiser choice...even the so called "experts" can't agree on this topic. Perhaps we ARE the wiser by investing in the Numismatics and not the metals value alone. Besides, looking at a beautiful Proof coin is still more enjoyable than looking at a bar of any metal!

Bottom line is percentage of increase over a period of time. The boys in the know, whoever they may be, will tell you should gold double then other precious metals will follow suit. It is my personal opinion, should gold reach the $800 to $1000 mark, and eventually it will, then silver should be expected to see the $25 to $30 or more. Percentage wise silver would be by far a better investment. I agree that numismatics is a great way to put money back, to save money and to invest a few bucks but bullion is also precious metal and like it or not we coin collectors are helping to drive those prices as well. When bullion was first introduced as an investment option none of the issuing governments involved had any idea coin collectors would get on board. They (we) have played a part in the bullion industry and continue to do so. I guess I personally don't want all my eggs in the same nest so I continue to buy into both areas and intend to pursue that course of action. Also keep in mind silver does get USED up where most gold is reclaimed. I really believe we are seeing the begining of a silver shortage but as always....time will tell! The important thing to remember is the only person you have to please with your collecting habits or investing habits is YOURSELF and if you are happy and enjoy what you are doing nothing else really matters! Enjoy these great times in this hobby as all things tend to run in circles! One must keep that in mind!

Well I knew as soon as I saw Ageka's name how he would vote! You are faced with some burdens in Europe we do not have over here at this time. Don't get me wrong concerning gold as I would love to have a truck load of the stuff but find there a large number of collectors buying silver because it is simply more affordable for the guys/gals that don't have deep pockets. In any event prices at the current time are really favorable for those of us who wish to sell but really a kick in the rear if you are looking to buy. I have no desire to sell silver or gold at this time but, due to current prices, will continue to buy a little silver now and then.

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Originally posted by crystalk64

Well I knew as soon as I saw Ageka's name how he would vote! You are faced with some burdens in Europe we do not have over here at this time. Don't get me wrong concerning gold as I would love to have a truck load of the stuff but find there a large number of collectors buying silver because it is simply more affordable for the guys/gals that don't have deep pockets. In any event prices at the current time are really favorable for those of us who wish to sell but really a kick in the rear if you are looking to buy. I have no desire to sell silver or gold at this time but, due to current prices, will continue to buy a little silver now and then.

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You are absolutely right Terry
But I posted on an investor forum that next year J6P would not have the money to buy an ounce of gold but still would be able to buy a few ounces of silver and in this way leveraging silver to gold
I got the answer I was dreaming and that the pension funds would decide the price , not the little guy .
I am not so sure because millions of little guys equal near bankrupt pension funds any day IMHO

I voted for silver but it's more of a long term view than 12 months. There are too many variables that can come into play in the short term--Buffett's 120 million ounces of stored silver comes to mind. In the long term, over the next 10 years, I believe people will increasingly see silver for what, IMO, it really is, not an investment but a crisis metal. I have silver I bought for $5 an ounce. Okay, what am suppose to do now--exchange it for wallpaper? I don't think so.

As pointed out already, silver is more affordable to Joe and Jane Sixpack. And in the event of social break downs, may be more practical. I'd rather buy stuff with silver and leave, *quickly* than wait around for my change from a 1 ounce gold eagle; the change of which might be a couple of 9mm's in the chest.

There's also a wild card in all this which seems to get almost no mention. A good part of silver and gold reserves are in South America which is coming under marxist controls more and more each day. Will anti-capitalists sabotage mines and reduce the supply or will marxist leaders have their "workers paradise" digging like gophers at gun point?

If there is an "investment" opportunity in silver and gold it may be that people will be paying too much attention to it and not presenting more competition in coin auctions.