Maybe.Silverbullet08 said:
If you look at the last 15yrs~ of GSR, it's been ranging mostly between 50-75, with a couple of quick dips below 50....
We'll be more likely to see 80 before 30
What's BETTER? Silver OR Gold?
- Thread starter lynsilverbullion
- Start date
If you look at the last 15yrs~ of GSR, it's been ranging mostly between 50-75, with a couple of quick dips below 50....
We'll be more likely to see 80 before 30
I think of the two like I do a mining company.
Silver is your little speculative small cap miner that has announced a hit on a resource but has many months of drilling before announcing resource figures. The upside is huge and triple digit figure percentage gains are a real possibility.
Gold is your BHP goliath that will always be the preference of the masses that comes with it's solidarity.
While I stack the two completely differently. I have decided on an ounce target I want to hit in ounces of silver, that I want to hit before turning to gold. Why? the fiat value of the silver oz target is much much smaller and I can hit that target/goal much much sooner. Once that is done, a set percentage of my earnings will be going towards building my gold stack. Dollar averaging the ups and downs as best I can before the day comes when an exit door is searched for.
Silver is your little speculative small cap miner that has announced a hit on a resource but has many months of drilling before announcing resource figures. The upside is huge and triple digit figure percentage gains are a real possibility.
Gold is your BHP goliath that will always be the preference of the masses that comes with it's solidarity.
While I stack the two completely differently. I have decided on an ounce target I want to hit in ounces of silver, that I want to hit before turning to gold. Why? the fiat value of the silver oz target is much much smaller and I can hit that target/goal much much sooner. Once that is done, a set percentage of my earnings will be going towards building my gold stack. Dollar averaging the ups and downs as best I can before the day comes when an exit door is searched for.
DoolBrevlis
Member
lynsilverbullion said:
They are both better.
G
Guest
Guest
The ol' gold silver ratio tells me silver has more upside potential. Its natural ratio in the earth is around 12:1 and its historical ratio the world over for thousands of years has been around 15:1. Its now at around 50:1. Plus factoring in the supply/demand factor, I believe silver.
Sargeant Argent
New Member
Just stack both and if either goes up you'll look like a genius.
RetardedMonkey said:
Buyers market until it goes back over $45.
G
Guest
Guest
After it cracks $50, there's no resistance.
I am happily biased towards Gold.
I believe that people who are stacking Silver first, then Gold as an add on are doing things back to front.
Gold is a proven store of wealth which should be uppermost in most peoples plans at the moment. It is way more portable and fractional amounts are available for small transactions should the need to purchase or bribe arise in a SHTF scenario.
Premiums on Silver products will remain low as there are a lot of people who have paid over $40/oz for their coins and bars and will sell if or when the price gets back near there.
Gold is easier to stash or store. This should be considered as the need to self-store your assets may arise in the future. What would you do right now if you were a Greek and had your stack in storage at one of their Banks? Leave it there?
100 oz of (physical) Gold is currently worth $160 000 - $175 000. 100 oz of Silver is worth $3000 if your lucky. Gold is my current priority. If Silver goes way high it will not do so in isolation IMO.
I believe that people who are stacking Silver first, then Gold as an add on are doing things back to front.
Gold is a proven store of wealth which should be uppermost in most peoples plans at the moment. It is way more portable and fractional amounts are available for small transactions should the need to purchase or bribe arise in a SHTF scenario.
Premiums on Silver products will remain low as there are a lot of people who have paid over $40/oz for their coins and bars and will sell if or when the price gets back near there.
Gold is easier to stash or store. This should be considered as the need to self-store your assets may arise in the future. What would you do right now if you were a Greek and had your stack in storage at one of their Banks? Leave it there?
100 oz of (physical) Gold is currently worth $160 000 - $175 000. 100 oz of Silver is worth $3000 if your lucky. Gold is my current priority. If Silver goes way high it will not do so in isolation IMO.
G
Guest
Guest
I just cant move past the gold/silver ratio in determining which is likely the better investment.
ziling2000
New Member
geewiz said:
http://www.silverbearcafe.com/private/05.12/fiftyyears.htmlziling2000 said:geewiz said:
yay silver yay
Afternoon all ,,
If one is to answer as accurately as possible the question of 'Is gold or silver better' ---------- then there is one factor that hasn't been mentioned as far as I can see in this thread.
Just like when assessing the value of a gold/silver mining company one 'has' to look at sovereign risk then when looking at whether or not stack gold or silver one has to look at more than the possibility of price appreciation especially in these times and if looking at 'stacking' for medium to longer term.
The world is in economic crisis ----------- end of story. We may not 'feel' that here, but if one is in some European countries or parts of the USA one is acutely aware of it.
This is the biggest financial crisis most of us have seen in our lives. It will not blow over soon and in it's passing much new legislation will be made and enforced.
One thing that 'may'' happen is the confiscation of physical gold. One should not think this as some conspiratorial ravings ------------ our governments have done this before and not long back in our history. In Australia it is very firmly written into our constitution the power is there all it needs is the swipe of a legislative pen and it is done.
This is NOT the case with silver. For silver to be confiscated by our Government this would require a constitutional change --------------- not an easy thing and almost always fails.
Now for those goldstackers who think well, I just won't let on that I have physical they can't confiscate it if they can't find it. ------------- That may be true however, if gold did become illegal to hold one would have a much harder task raising capital or trading with the yellow metal ----------- it would be akin to dealing with an illicit drug enormously risky and I suggest any dealings would have the price suppressed because of the illegality.
Silver on the other hand could still be traded in open and honest dealings a far cry from something illicit.
Now this would not and does not mean that I will not stack gold quite the contrary but it does mean that I feel one should always hold at least some silver on hand aside from all the arguments on storage problems, price appreciation, value etc. ---------- I believe this constitutional difference is a very big plus for silver and needs to be taken into account in the decision on what to stack/invest in.
Have a great day all
gazza
If one is to answer as accurately as possible the question of 'Is gold or silver better' ---------- then there is one factor that hasn't been mentioned as far as I can see in this thread.
Just like when assessing the value of a gold/silver mining company one 'has' to look at sovereign risk then when looking at whether or not stack gold or silver one has to look at more than the possibility of price appreciation especially in these times and if looking at 'stacking' for medium to longer term.
The world is in economic crisis ----------- end of story. We may not 'feel' that here, but if one is in some European countries or parts of the USA one is acutely aware of it.
This is the biggest financial crisis most of us have seen in our lives. It will not blow over soon and in it's passing much new legislation will be made and enforced.
One thing that 'may'' happen is the confiscation of physical gold. One should not think this as some conspiratorial ravings ------------ our governments have done this before and not long back in our history. In Australia it is very firmly written into our constitution the power is there all it needs is the swipe of a legislative pen and it is done.
This is NOT the case with silver. For silver to be confiscated by our Government this would require a constitutional change --------------- not an easy thing and almost always fails.
Now for those goldstackers who think well, I just won't let on that I have physical they can't confiscate it if they can't find it. ------------- That may be true however, if gold did become illegal to hold one would have a much harder task raising capital or trading with the yellow metal ----------- it would be akin to dealing with an illicit drug enormously risky and I suggest any dealings would have the price suppressed because of the illegality.
Silver on the other hand could still be traded in open and honest dealings a far cry from something illicit.
Now this would not and does not mean that I will not stack gold quite the contrary but it does mean that I feel one should always hold at least some silver on hand aside from all the arguments on storage problems, price appreciation, value etc. ---------- I believe this constitutional difference is a very big plus for silver and needs to be taken into account in the decision on what to stack/invest in.
Have a great day all
gazza
jossilver123
New Member
Hi gazzahere!
A big thumbs up for an EXCELLENT idea that you've raised!! Never really thought of it like that but you have definately hit the nail on the head with what your saying... very interesting read!!
What do OTHERS think of this very real issue people may potentially face with gold?? As gazzahere said, it was true that not too long ago, the government did do a re-call on all gold...
I'm wondering though, what did the government pay the individuals whom they took the gold from?? Spot price?
A big thumbs up for an EXCELLENT idea that you've raised!! Never really thought of it like that but you have definately hit the nail on the head with what your saying... very interesting read!!
What do OTHERS think of this very real issue people may potentially face with gold?? As gazzahere said, it was true that not too long ago, the government did do a re-call on all gold...
I'm wondering though, what did the government pay the individuals whom they took the gold from?? Spot price?
I enjoyed your post gazza except for your point that gold would likely have its price suppressed if illegal. I believe it would have the opposite effect. Were gold to ever be made "illegal" and forced on to the blackmarket, I believe it would be notoriously expensive as are most items on the black marketgazzahere said:
jossilver123 said:
I hold physical gold and i plan to sell when $2100 oz - I just can't take the pressure of gold market. But I will always remember George Soros predicting gold $3000 oz. But the govt could confiscate it before that happens. Silver seems like safer investment.
http://www.100goodmen.com.au/goodme...e&id=140:gold-confiscation&catid=37&Itemid=51
This makes me incredibly nervous especially the bit which says:".... in accordance with such price as is fixed and published by the Reserve Bank".
Or not.hi luke,
"I enjoyed your post gassa except for your point that gold would likely have its price suppressed if illegal. I believe it would have the opposite effect. Were gold to ever be made "illegal" and forced on to the blackmarket, I believe it would be notoriously expensive as are most items on the black market"
You may be correct. I wouldn't want to bet on it either way. If it is confiscated - gold holders who want to trade would only do so because of one thing - they want (or desperately need) something else ---------- that puts the pressure on them.
On the other hand suppliers may be desperate to get rid of their goods for another tradeable commodity - and that might be gold. They of course take on the risk of an illicit commodity if they do take the gold - so I assume if it were a choice between gold and silver a trader of goods would prefer silver???
I don't think you can directly compare gold (confiscated) with everything else on the black market most black market items are goods goods that people (end users) want --------- whereas gold would be the currency to get end user goods or services.
A more useful idea might come from studying black market currencies. In that I have seen it go as you have said but I believe it can go the other way as well.
Personally I hope we never find out.
Have a great arvo
Gazza - btw, it's gazza not gassa ---------- makes me sound like a big fart :lol:
"I enjoyed your post gassa except for your point that gold would likely have its price suppressed if illegal. I believe it would have the opposite effect. Were gold to ever be made "illegal" and forced on to the blackmarket, I believe it would be notoriously expensive as are most items on the black market"
You may be correct. I wouldn't want to bet on it either way. If it is confiscated - gold holders who want to trade would only do so because of one thing - they want (or desperately need) something else ---------- that puts the pressure on them.
On the other hand suppliers may be desperate to get rid of their goods for another tradeable commodity - and that might be gold. They of course take on the risk of an illicit commodity if they do take the gold - so I assume if it were a choice between gold and silver a trader of goods would prefer silver???
I don't think you can directly compare gold (confiscated) with everything else on the black market most black market items are goods goods that people (end users) want --------- whereas gold would be the currency to get end user goods or services.
A more useful idea might come from studying black market currencies. In that I have seen it go as you have said but I believe it can go the other way as well.
Personally I hope we never find out.
Have a great arvo
Gazza - btw, it's gazza not gassa ---------- makes me sound like a big fart :lol:
gazzahere said:
I hope we do find out! It's why I'm stacking both. The anarchist in me has been saying "bring it on", for a few years now. The current world wide financial system stinks so much, it needs to be turned on its head.
re: misspelling of "Gazza". Not sure what you mean mate. Looks ok to me.
(I did go back and edit my post though. Don't want anyone to inadvertantly think you were blowing a lot of hot air. As I said, I liked that particular post).autumnleaf
New Member
I see them as different things. Gold is an insurance, silver an investment.