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Im an investor looking at precious metals, should I go with Gold or Silver and why?


Im an investor looking at precious metals, should I go with Gold or Silver and why?

If you like the precious metals, why not go with the producers? ABX for example. I think oil is a better bet personally--rising demand and deminishing supply. Difficult for a modern economy to function without it. Of course the insanity of the U S government's fiscal policies sort of makes gold seem like a good bet. Actually anything but dollars seems like a good bet.

Investors do not buy precious metals. Gold or silver are either a hobby, or a hedge.

If you had bought $1,101 worth of gold in1976 (during a dip in price), today it would be worth $4,000, almost four times as much!

Had you bought $1,101 worth of the Dow instead, today it would be worth $13,110....

Gold sucks as an investment, always has, always will. But it sure is pretty!

Gold has more upside then silver...The reason is because silver is always in use...So, its supply is always constant...Theres never really a shortage...The same would go for gold...Gold has uses also...(lesser then silver I believe)...but Gold and Silver are viewed differently....Gold is a more universal type of commodity...Silver is not accepted everywhere....Gold that is not pure still has almost the same value..Silver that is not pure may have nearly no value at all, or has lost most of its value..Reason is because its more plentiful, its cheaper, and its not in great demand....Gold on the other hand is always in demand...And because of its universal characteristic, it is seen as money...So, when people are scared of the USD falling apart, they grab onto gold.....And gold can go sky high, regardless if gold is in excess supplies or not.....You can actually put 100k in gold at your bank...and it wouldnt cost you anything...just the spot price of gold....You wont recieve any physical gold,...only a piece of paper...when it goes up, just cash it in....

If you can afford it, buy gold coins. If you are on a cheaper budget then buy silver coins. (silver usually always follows gold). The best gold coins to buy are the ones tracked in the Wall St. Journal. They are easy to store (your bank lockbox), easy to buy and sell, and easy to track (Wall St. Journal). The economy is going to get worse, and as the economy gets worse, the price of gold and silver will go up.

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