Haha, that's true. I'd say if you're the kind of person that can't keep track of your PMs, then gold is not for you. (Nor is Bismuth, you don't want that in your kids lunchbox by mistake)
Why would you buy gold? Silver pretty much consistently follows gold movements and the two PM's are pretty much the same thing in their monetary aspect. Silver is undervalued however, so the opportunity to gain more lies with silver.
me think silver is free, that is why i never ask people to buy them. as compared to gold, why pay when you can swap it with your free silver?
Your first ounce of gold is always expensive After that, you think "this one is lonesome, so let me add another..."
I personally can't justify buying much gold with the GSR being where it is. Also the supply/demand factor for silver sways me heavily into the silver corner.
Personally, i don't see silver "going to the moon" as other optimists here believe. Its manufacturing use and supposed scarcity, has already been factored into the price, otherwise the "true" price would have already been much higher than even the $50 it reached while back. Gold has the advantage of being a traditional store of wealth, traded in and amassed by banks and governments. Silver is speculative. Nothing wrong with that but are you speculating, trying to preserve wealth or hedging your bets and trying to do both? As with anything, dollar cost average over time.
My view is that both ag and au are important.When cost is a consideration,silver wins but dont save for the future without some gold in your stack.
I like the 1/2oz Perth Mint Dragons a lot. Let's say that silver does go to the moon. These little dragons should be highly sought after. That's what I'm thinking anyway
