Gold or Silver?

Discussion in 'General Precious Metals Discussion' started by menotcrimex, Apr 4, 2013.

  1. menotcrimex

    menotcrimex Member Silver Stacker

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    Ok so I sold my son's stack of silver and by some miracle came out ahead, must be the luck of the Irish...2 b sure to b sure

    Now back to the subject, if it were you right now would you buy silver or gold? And a reason if you feel like giving one

    I am edging toward gold and maybe swap gold for silver when the real gsr is around 65 - 70 ( if it gets that high )

    Oh in case it would seem dumb to sell silver then buy silver its because we made about 9 oz difference at today's prices, not a lot but its better than a loss

    All opinions are very welccome

    Ps, Friday smackdown please while the Chinese are out to lunch

    Pps, can anyone recommend a reliable notifying pm app for android, sick of looking at price charts lol
     
  2. Caput Lupinum

    Caput Lupinum Active Member Silver Stacker

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    I'd go half n half to cover both bases. They're both going in the same general direction
     
  3. Guest

    Guest Guest

    I'd buy all silver. It's said it will be the first element to dry up completely.

    Also the ratio in the ground for gold and silver is around 12/1 meaning a the GSR should fall dramatically. I see it as very risky to buy gold in the hope the GSR will go to 65-70
     
  4. menotcrimex

    menotcrimex Member Silver Stacker

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    Yes I agree logic says buy silver with at ratio of 12 / 1 or 25 / 1 or whatever it is.

    Things like paper silver scare the cr$p out of me, paper gold does as well but not as much

    I usually have a good feel for these matters and often get it right ( blowing my trumpet ) lol but I'm stumped on this one, something don't feel right?

    Something that I can't put into words is worrying me about silver

    Bloody paper kings getting me paranoid lmao
     
  5. blanca

    blanca New Member

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    Is silver really going to dry up completely?

    Or will it be like oil/gas and we find other ways to extract it, such as using fracking techniques..

    Are there any engineers on this forum that may know?
     
  6. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    In the last month or two its gone from about 51 to 58. It only needs to change the same amount again to be at 65.
     
  7. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    I know we've been down this road many times sl, but I would revisit the lack of logic in your above statement. Your choice to buy silver is yours to make, and i respect your choice (though not the arguments that usually go along with the silverbulls), however the reason "why" which you outlined above is at fault. :)
     
  8. ozcopper

    ozcopper Administrator Staff Member

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    Silver will NEVER dry up, the price will change to meet the market but there will always be silver.
     
  9. Macros_The_Black

    Macros_The_Black Member Silver Stacker

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    When the central bank puppeteers start stockpiling silver*, I might consider more, but for now, it's gold all the way (it's cheap too).


    * Full disclosure. I did have some silver, but lost it all in a terrible boating accident. Luckily we escaped with our lives ...
     
  10. Peter

    Peter Well-Known Member

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    Gold is safer.
    If you like to gamble for higher profit go silver.
    If you want to preserve what you have in the coming crash,
    Go gold.
     
  11. Holdfast

    Holdfast Well-Known Member

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  12. Phiber

    Phiber Active Member Silver Stacker

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    Also depends on how much you want to pour in the PMs.
    Say you wanted to spend $30K, you could have about 30kg of silver in one hand, or 20oz gold in the other.
    Depending where you live etc, storing that silver can be tricky. Also depends if you are considering transporting your PMs. 20oz fit in your pocket, 30k of silver is a different logistic operation.
    These are just side factors, but they can impact your choice.
     
  13. Altima

    Altima Well-Known Member Silver Stacker

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    gold + silver since you can afford both.

    diversification is key. :)
     
  14. gcsun

    gcsun New Member Silver Stacker

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    I to am pondering this question. Currently I hold in cash equivalent $2 worth of silver to every $1 of gold. What about plat? I own none but am looking into a Platypus coin or 2....any thoughts appreciated.
     
  15. menotcrimex

    menotcrimex Member Silver Stacker

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    Wow you lot are awsome, thanks

    So much helpful advice from all of you

    Peter above hit the nail on the head I think, I was thinking Silver for higher gain.

    But in my guestamation the gsr has more chance of getting higher, maybe 65 or more and then its swap some gold for silver.

    So my decision is Gold

    Also based on personal circumstances like travel and storage as Phiber mentioned

    Problem solved....thanks again, ALL of you
     

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