Silver less volatile than gold

Discussion in 'Silver' started by Gold Kiwi, Feb 4, 2013.

  1. Gold Kiwi

    Gold Kiwi New Member Silver Stacker

    Joined:
    Apr 3, 2010
    Messages:
    529
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    NZ
    Was just having a flick through the latest issue of Smart Investor magazine (first time I've read this publication) and on page 69 there's what I assume is a monthly profile of some random investor. "Her portfolio also includes cash (10 per cent) and a physical holding of silver (about 25 per cent), now tucked away in a safe deposit box, which she regards as a better and less volatile investment than gold." [my emphasis] WTF?
     
    Gold Kiwi, Feb 4, 2013
    #1
  2. danman49

    danman49 Well-Known Member Silver Stacker

    Joined:
    Jul 19, 2012
    Messages:
    3,977
    Likes Received:
    80
    Trophy Points:
    63
    Location:
    Adelaide
    She must be looking at $ values and not percentage values...
     
    danman49, Feb 4, 2013
    #2
  3. shinymetal

    shinymetal Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    1,815
    Likes Received:
    685
    Trophy Points:
    113
    Location:
    victoria
    if you spend equal amounts on gold and silver... the silver will fluctuate more. so not even $ amounts..
     
    shinymetal, Feb 4, 2013
    #3
  4. 1for1

    1for1 Well-Known Member

    Joined:
    May 3, 2011
    Messages:
    4,154
    Likes Received:
    221
    Trophy Points:
    63
    Location:
    NSW, Australia
    That's just dead wrong.. NewB

    Silver swings around way more as a % and as $ so either way its a bad obseravation.. but hey at least shes buying silver i guess (someone probably told her she should)

    1for1
     
    1for1, Feb 4, 2013
    #4

Share This Page