It seems that it is a commonly accepted fact that silver tracks the price of gold. So theoretically, you could put your money into either metal and achieve the same results. Gold is an extremely concentrated wealth container, you could fit the wealth of two monster boxes of ASE's onto a single tube of AGE's. Seems like a big plus for gold, having the ability to concentrate your wealth into a very small portable medium. On the other hand, two monster boxes of ASE's would probably be more fun to look at, maybe make you feel like you have got something tangible for all that money you spent. Is that why we buy silver instead of gold, because we have more to show for our money?
No.I don't see the two related at all. Silver has a unique upside that Gold does not. Research silver as an industrial metal, focus on how much mined material 'evaporates" or otherwise unrecoverable each year. That is a start....there is much more
There is this magical thing called the Gold/Silver ratio. Over the short term, the two generally track, but over the long term can drift apart or come together by very large values e.g. in the span of two years after 2009, it went from about 82 to 32 or so. We are currently at a very high ratio again, thus making silver "cheap" compared to gold. If the ratio drops back down then the price of silver goes up relative to gold. If it was always the same (as it was pre-1870) then you would be right. Many people are into silver now because of this, and when the ratio drops back down drastically, they will sell and move into gold instead.
Yeah, silver is easier to aquire if you can not afford gold. You can swap it out later. Also as mentioned the GSR. It seems silver is cheaper in comparison to gold at the moment with such a high ratio, you can swap it out for yellow later when it drops.
