The Gold vs Silver conundrum

intelligencer said:
Well I think we saw last night what is very revealing to anyone whose ever wondered which metal passes the acid test of wealth preserver.

Gold up, silver down.

It can't get clearer than that. In buoyant times silver can have some of the qualities of gold as money/liferaft to safer economic times; but our times are not buoyant. Things are looking more desperate and calamitous by the day.

The massive coiled up spring which is gold will be cut loose at any time now and people are going to be left dumbfounded.

All the naysayers, all the bubble talkers, will be answered.

There is nothing else like gold, nothing :)
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I can be wrong, but think silver will be $70 before gold makes it to $3000.
I offer 1oz gold bet on that.
 
intelligencer said:
Well I think we saw last night what is very revealing to anyone whose ever wondered which metal passes the acid test of wealth preserver.

Gold up, silver down.

It can't get clearer than that. In buoyant times silver can have some of the qualities of gold as money/liferaft to safer economic times; but our times are not buoyant. Things are looking more desperate and calamitous by the day.

The massive coiled up spring which is gold will be cut loose at any time now and people are going to be left dumbfounded.

All the naysayers, all the bubble talkers, will be answered.

There is nothing else like gold, nothing :)
Click to expand...

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'.
 
Dwayne said:
Why pick a horse? Ride them both! :)
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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.)
 
Sargeant Argent said:
Haven't got one yet waiting on a cheque before I make my order. Also had my eye on an old .18 oz. Russian 5 Ruple from the coin shop, maybe not as liquid as the bar but a nice sized (for that weight) beautiful coin.

Decisions decisions...

Agreed the VCBE is the best place to buy bullion in B.C. Excellent prices and good selections, and very professional. I just wish that VCBE carried the same selection as their affiliate Border Gold who I wished sold 1/4 AGE's.

I like the sounds of the australian 200 dollar coin. Almost a 1/3 of an oz. And backed by $200 in a strong currency? If I lived in Aus I'd be buying almost exclusively those. If gold was ever to crash its a nice insurance to have $600 backing .9 of an oz. When you have on 50 dollars face value on Maples AGE's etc.

That said anyone know where would be the best place for me to find one of those $200 Aus coins?
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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
 
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.
 
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