Silver or Gold ?

T

tr

New Member
Which one do you think is a better investment ? I have 4kg of silver and after 2 years I give up.. so to sell it for cash or to switch to gold wich I think it's easier to sell and more popular.. noone knows the price of silver :(:(
 
You might have to wait till morning for more members to chime in.

It is hard to give you much guidance, since everyone start, average price bought and how long they held is different.

the best way is it to educate yourself and come to your own conclusion.

Anyway welcome to the forum.
 
tr said:
Which one do you think is a better investment ? I have 4kg of silver and after 2 years I give up.. so to sell it for cash or to switch to gold wich I think it's easier to sell and more popular.. noone knows the price of silver :(:(
Click to expand...

If you have no confidence in silver then you shouldn't have much confidence in gold either - stack cash would be my suggestion.
 
If you bought 2 years ago then it shouldn't be looking too bad for you. Many here bought 5 or 6 years ago.
 
Do some research on the "Gold to Silver Ratio".

That might help answer your question.

Proponents of that theory would say it's a good time to buy and/or hold silver.

Silver is dearer to post than gold ... because of the gold:silver ratio.
 
swoydaz said:
Do some research on the "Gold to Silver Ratio".

That might help answer your question.

Proponents of that theory would say it's a good time to buy and/or hold silver.

Silver is dearer to post than gold ... because of the gold:silver ratio.
Click to expand...

It doesn;t matter the Gold to Silver Ratio, the demand is the important thing ,not the rarity of the metal.The Gold market is much bigger than the Silver market
 
I don't know how important it is to others, but I didn't quite expect the bulk, weight and storage issues building up as quickly as they did!!!!
 
It's like silver is the poor mans gold? the old saying, " don't sell the family silver ",
seems to have some merit.".
 
silver. people say many things but there is one thing that really matters - it is in deficit and the Shanghai price is higher than Comex almost all the time. It will go up magnitudes higher than gold when the next wave starts.
 
I have been in that problem lately but my basis now is just which one is easier to accumulate and to dispense. If i need urgent cash which one is much easy to exchange. The same if im buying which one is easy to buy with less premiums. Due to my geographical location and local economic status gold is suitable for me. People on my place looks more for gold. I am keeping some silver but i put more money in gold. Same time i keep same value of cash vs metals. I prefer this strategy and thus keeps me not to ever sell.
 
tr, welcome to the forum.


There is no one right answer as it depends on a number of factors including what your goal is, how long you plan to keep the metals, the price of each metal when you want to sell, who your most likely potential buyers are and what country your buyer and you are in, how much space you have or don't have, etc, etc, etc.


At this point, silver has more potential to gain higher highs than gold I believe but gold is of course more compact. Far more people can afford to buy silver yet the premiums on gold are generally considerably lower than on silver (about 9.8% for AGE's vs about 22.7% on ASE's). I used APMEX for pricing and calculated the percentage premiums on an equal value of Ag and Au American Eagles (bullion coins) (about 71 ounces of silver and 1 oz gold). The premium difference has everything to do with production/unit cost I believe. It takes about the same amount of labor I believe for the US Mint to produce an ASE as it does an AGE. So the mint can drop the premiums on AGE's as compared to ASE's because with the (labor) cost savings the mint can make with selling 1 oz Au over 1 oz Ag it makes sense for them to have a lower premium on Au.



Objectively, there are pros and cons to buying and selling both precious metals and the depends on a number of factors. I stick with silver because there are so many more options with silver.



.
 
mmissinglink said:
tr, welcome to the forum.


What do you mean"there are so many options with silver"?


There is no one right answer as it depends on a number of factors including what your goal is, how long you plan to keep the metals, the price of each metal when you want to sell, who your most likely potential buyers are and what country your buyer and you are in, how much space you have or don't have, etc, etc, etc.


At this point, silver has more potential to gain higher highs than gold I believe but gold is of course more compact. Far more people can afford to buy silver yet the premiums on gold are generally considerably lower than on silver (about 9.8% for AGE's vs about 22.7% on ASE's). I used APMEX for pricing and calculated the percentage premiums on an equal value of Ag and Au American Eagles (bullion coins) (about 71 ounces of silver and 1 oz gold). The premium difference has everything to do with production/unit cost I believe. It takes about the same amount of labor I believe for the US Mint to produce an ASE as it does an AGE. So the mint can drop the premiums on AGE's as compared to ASE's because with the (labor) cost savings the mint can make with selling 1 oz Au over 1 oz Ag it makes sense for them to have a lower premium on Au.



Objectively, there are pros and cons to buying and selling both precious metals and the depends on a number of factors. I stick with silver because there are so many more options with silver.



.
Click to expand...
 
You must log in or register to reply here.
Back
Top