Gold Vs Silver

T

The Accountant

New Member
Surely with all this action in Silver (some call it poor man's Gold!), the contrarian in all of us is thinking Gold will have it's day soon.

Buy on the dips!
 
Gold is a good investment but long term. I expect price to stay relatively flat short term with ups and downs. Within 6 months though, I think gold will crack $1500/oz and silver will crack $50/oz.
 
Which would still see silver outperforming gold.

The current trend is for the GSR to go down down down:

5_gsr20110405.png


I think we may need a major compelling economic event to disrupt this pattern - it shrugged off Japan which must rank as this year's black swan.
 
gold vs silver? abottot vs costello? iran vs iraq? aussies vs kiwis/brits? lollingwood vs essendon?

all famous battles.

stack both, def agree with the pelican silvers in backwardation atm and alot of speculative money is on board driving the price up, gold is not in backwardation but from what ive been reading once that begins we will definately see some major movement in the gold price.
 
that is a nice graph :)
But i agree with the above, there is a lot of talk about gold getting ready for a move up. Waiting, waiting.... surely those 5g bars of mine will make a decent profit eventually. (i know, i know - saving wealth not investment blah blah. But this is my bathroom money!)
 
goldpelican said:
Which would still see silver outperforming gold.
Click to expand...
Correct. :D

As much as I love stacking silver ... the allure of shiny gold is very attractive. My gold stack is soon going to be equal to my silver stack in value. Neither is huge but enough to keep me happy.
 
I dont see any likely scenario where Silver wont go up with Gold. So the question then is, which will go up more?

Silver obviously.


If you want "safe" keep your money in the bank, not in Gold:)

*runs away*
 
i treat gold as a forms of savings, money that i dnt want to save in fiat goes into gold.
silvers my speculative play and more than happy to sell it when i need cash or lock in some profits.
 
I am a naturally conservative person - the silver story with it's huge recent growth makes me nervous - lot of hot money in it and if we get a spook I worry that hot money will run back to Gold, or worse still to fiat.

On this basis my stack is targeting 70% Gold 30% silver - if I'm wrong I'm a winner anyway as you Silver jockeys drive the metal into lunar orbit!
 
When the SHTF in the US/across the world...where are the SHEEPLE gunna head?

"Silver...whats that?... Aw yeah, Gold. - i gotta get Gold coz thats valuable...aw yeah,now i know why they had all those Gold buyer stalls at the shopping centre"
 
Ernster said:
I dont see any likely scenario where Silver wont go up with Gold. So the question then is, which will go up more?
Silver obviously.
Click to expand...

Silver goes up faster, and down much faster. While the world progresses 'normally' silver will continue to outperform gold.
 
Naphthalene Man said:
that is a nice graph :)
But i agree with the above, there is a lot of talk about gold getting ready for a move up. Waiting, waiting.... surely those 5g bars of mine will make a decent profit eventually. (i know, i know - saving wealth not investment blah blah. But this is my bathroom money!)
Click to expand...

I think to sum it up.. if I had cash for a holiday (to be had in 12 months) ready to go but the money didn't need to be transferred for it until just before the holiday, I'd buy silver, not gold. Cash the Ag in in 12 months and make a tidy profit. Gold is much more solid with growth over the long term hmmm but even saying that silver is for the long term as well.. why do I have gold again?? I forget. Diversification? We all know silver's gonna (and is right now) outperform gold. Anyone STRONGLY disagree?

What's the case..the predicted probabilities that the ratio between the risk that gold will outperform silver and the growth rate (%) of silver for any time period selected. If the likelihood that silver's growth rate is higher than the predicted relative growth rate of gold compared to silver and the probability of a silver crash, shouldn't we all just be stacking silver.

Love to hear more comments taking into consideration the recent changes in world economics (Japan and other disasters) that will affect the consumption of silver as an industrial metal.
 
PrettyPrettyShinyShiny said:
I think to sum it up.. if I had cash for a holiday (to be had in 12 months) ready to go but the money didn't need to be transferred for it until just before the holiday, I'd buy silver, not gold. Cash the Ag in in 12 months and make a tidy profit.
Click to expand...

I don't know if that's what I would do given that situation...

Silver is so much more volatile than gold, its possible you wouldn't make a profit at all if when the time came to liquidate the silver to pay for the holiday there happened to be a big dip. If I had the aim of cashing out my investment in 12months time I don't think I would be looking at physical silver. Or gold for that matter, the buy sell spreads and premiums on physical metals discourage short term buying and selling. If I need to put money aside for a holiday, or any set expense that will come due in the short term it goes in a term deposit.

Just because over the last 12months you have, or would have made money if you were in silver, there is no guarantee that you will in the next 12. I believe in the fundamentals, silver will go up, but with big players making the charts dance to their tune who knows what kind of dips we will see on this roller-coaster ride.
 
The Accountant said:
I am a naturally conservative person - the silver story with it's huge recent growth makes me nervous - lot of hot money in it and if we get a spook I worry that hot money will run back to Gold, or worse still to fiat.

On this basis my stack is targeting 70% Gold 30% silver - if I'm wrong I'm a winner anyway as you Silver jockeys drive the metal into lunar orbit!
Click to expand...

This was posted elsewhere. Food for thought.

http://silver-metal-investment.blogspot.com/2011/04/presidential-bombshell.html

Don't how accurate the figures are.

Six years earlier, in 1959, the US Treasury Department held approximately 2.1 billion ounces in silver bullion inventories plus 1.3 billion ounces in circulating coinage, for a total of 3.4 billion ounces. By 1971, through a combination of outright bullion sales and use in new coinage, the Treasury held only 170 million ounces of silver bullion and most silver coins were removed by investors from circulating coinage and eventually melted into bullion. More than 3.2 billion ounces of silver were transferred from the US Government to the private sector, over this 12 year period, or around 94% of what the government controlled. Much of this silver was consumed in industrial and other fabrication during this time period. Eventually, all the transferred silver would be so consumed.
Click to expand...
 
Gold for me is my long term savings plan. It doesn't have the volatility like silver nor possibly the potential upside of silver. The majority of my physical ounces of pm is in Gold. But I have more fiat exposed to silver through the share market in miners than I currently have in physical. My reasoning is that I feel I am better served with both leverage and liquidity in the share market than if I held physical only. The eventual aim is to cash out my shares and convert to real estate and more physical gold
It's not for everyone but it serves my purpose at the moment.
 
As long as you're holding Silver OR Gold and not fiat paper, you're going to be fine.

Hell, I even have a small amount of copper in my stack...
 
I just dont see fiat going into a SHTF scenario in Australia, if anything our dollar will perform quite well over the next year or so.
 
Recently put off by gold 'cause I see it as far less useful than silver in industry.
I like industry and real-world needs and implementations.

I see silver exploding far more than gold.
Not that I'm particularly concerned about the small amount I have resulting in monster profits.
 
You must log in or register to reply here.
Back
Top