The Gold vs Silver conundrum

Discussion in 'General Precious Metals Discussion' started by intelligencer, Jul 12, 2011.

  1. projack

    projack Well-Known Member Silver Stacker

    Joined:
    Aug 12, 2009
    Messages:
    3,350
    Likes Received:
    593
    Trophy Points:
    113
    Location:
    Brisbane

    I can be wrong, but think silver will be $70 before gold makes it to $3000.
    I offer 1oz gold bet on that.
     
  2. Ag

    Ag Well-Known Member Silver Stacker

    Joined:
    Jan 30, 2010
    Messages:
    1,394
    Likes Received:
    43
    Trophy Points:
    48
    Location:
    QLD
    This is a fair opinion but just looking at 24hr trade period would not really give a fair comparison. As it turns out silver followed anyway.

    Many times more silver moved up when gold has not - most of the last 9 months show's this pattern but really doesn't prove much does it? End result for financial year Ag = 50% gain, Au = -5% - but still means little - even after one years trade hardly separates the 'better horse'.
     
  3. wxyu

    wxyu New Member

    Joined:
    Jul 6, 2011
    Messages:
    7
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Melbourne
    Not sure half of them can afford rice. :s
     
  4. jnkmbx

    jnkmbx Well-Known Member

    Joined:
    Apr 8, 2011
    Messages:
    1,700
    Likes Received:
    54
    Trophy Points:
    48
    Location:
    Sydney, Australia
    Just don't let the other one find out, or you'll lose them both. @_@

    I'll always suggest having both silver and gold.
    (I'm not so confident about platinum though. Seems contrarian these days.)
     
  5. Guest

    Guest Guest

    Buying $200 coins is not a fall back position in case Gold crashes..its a catastrophic position.You would be better of buying $1500 in rice or tuna under those conditions.
    That argument to me has always defied good common sense and logic and i see it on par with Man made Global warming statistics
    ;)

    REDBACK
     
  6. kkkrazy

    kkkrazy New Member

    Joined:
    Jul 26, 2011
    Messages:
    38
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    melb
    90%yellow,10%ag.silver has greater potental,but history shows treasure chests werent full of silver,Gold is respected ,silver was used for eating utensils.But if Bix Wier is right aggy might be the trade of the century.
     

Share This Page