Author Topic: Gold vs. Silver (Read 991 times)

Maximus33 · « **on:** February 04, 2016, 07:08:58 PM »

If you had just $1,000 dollars to spend on either gold or silver, which would you choose and why?

roscoe · « **Reply #1 on:** February 04, 2016, 07:42:10 PM »

It probably doesn't matter much as the prices tend to rise & fall in a similar pattern. :reporter:

PG · « **Reply #2 on:** February 04, 2016, 08:02:19 PM »

Maximus - I will give you advice, but it is best that you take full responsibility for such a decision. If you do not, you may not be strong enough to hold for the long haul. A thousand years are like a day for the lord, and precious metals are not for the faint of heart. But, the 75 to 1 silver gold ratio is quite astonishing if you ask me. With that said, it is probably easiest to hold a little bit of both. They both look good.

Maximus33 · « **Reply #3 on:** February 04, 2016, 11:18:12 PM »

Quote from: PG

Maximus - I will give you advice, but it is best that you take full responsibility for such a decision. If you do not, you may not be strong enough to hold for the long haul. A thousand years are like a day for the lord, and precious metals are not for the faint of heart. But, the 75 to 1 silver gold ratio is quite astonishing if you ask me. With that said, it is probably easiest to hold a little bit of both. They both look good.

I appreciate the advice. But if I did buy, it would be for the long run (20 - 30 years or so)