On top of that silver has more upside potential then gold. I can see silver hitting $40-$50 an ounce by the end of the year. Unless something dramatic happens I can't see gold hitting $2,000+ anytime soon.

 

ive stopped buying gold and have been going silver and palladium, both of these are way outperforming gold for me.

 

That is the best analogy Iv'e heard! I am all into silver as well. It's funny how easy that was.

 

silver and copper for me

 

I have looked at cooper but too much of a up charge

 

I agree with silver being the better investment, my investments in metals is 20oz silver to every 1oz gold. My reasoning behind this has more to do with the fact that the gold market is subject to more manipulation then the silver market and tends to be more volatile.

 

I'm a silver and lead guy myself.

 

Totally agree. Until silver gets to 17:1 or even as low as 10:1 with gold I think it has more upside. As a side note, I've watched silver move from 80:1 to 47:1 in just the past year!

I still like gold and I'm buying...but most of my FRNs are being converted to silver at this point.

 

All metals are a good bet. Lots of upside potential.

Across the board.

 

Just take the theory and move to application!

 

How is this even considered justification of one over the other?

I suppose you would also state that it's better to buy 1g bars instead of 100g bars because it would take $1 movement of the 100g bars to equal $.01 in the 1g bars.

Jeez. I guess nobody understands percentages anymore.

 

understand percentages?????
from your post I would guess you do not understand what you are talking about...
a $1 movement in silver will have the same effect on your silver regardless of the amount you have or in what weights...

You need to rethink your post

 

1/10 oz gold eagles around $ 155 actual cost = face value $5
5 silver eagles around $ 160 actual cost = face value $5

Not that you would send at face value, I just thought it was interesting how close the the face values can be when added up with current spot.

 

Silver just makes more sense for most situations to me. I'd love to own some gold too, but don't really have enough funds that need protecting to make it worthwhile. I feel my FRNs are best invested in silver and other preps vs gold.

 

Sounds like silver is better if I am trying to trade for tonights supper, but gold is better if I am trying to protect my life's savings.

Particularly if I suspect I might have to pack up and leave some un named commie infested bankrupt state some day.

Have anyone thought about selling a house, converting the proceeds into silver, and then packing it up and moving out of state.

How much would $160,000 worth of silver weigh, 460 lbs.
How much would the same amount of gold weigh, 10 lbs.

 

If you’re buying for investment then technical’s matter for survival maybe not so much, if I had to carry my stash I’d rather carry 1oz than 46oz

 

It's interesting that the same logic being used to justify silver over gold in this thread is also used by the "you can't eat it, it's too expensive, buy ammo/food/etc" crowd. They rationalize that the item they should be investing in is too expensive, so they flock to the affordable alternative.

The more I read about bimetallism, the more I realize the folly of flocking to silver to the exclusion of gold. Don't get me wrong, I think silver and gold are both essential investments, but excluding gold from your PM holdings just because you think you can't afford it is a bad move.

 

I am for buying PM's, The Issue is that many people can not afford to buy gold at the price it is at or they see the upside to buying a few oz's of silver greater then buying 1/10 oz or a gram or gold.

I Own both but for me - if I am going to drop $300 I would rather buy silver right now.. WHY
I can get 10 oz of silver or about 5 grams of gold.. I stand a better chance of both an increase in wealth and wealth retention by buying silver.

Now if I was going to drop $50,000 it might be different, but unless i am wrong... I would guess that the vast majority of folks on here are not in a position to drop 10's of thousands of dollars.

I would bet that 1 year from now an investment today in 46 oz's of silver will net you more of a return then 1 oz of gold

 

I own some of both,too, though deadmeat is right about gold being the international standard. That being said, most of what I bought was purchased in late '08 and '09. The gold could be sold right now for around 50% more than I paid for it, much of the silver could be sold for around 2-2.5 times what I paid for it .
Again, that being said, I still wouldn't want to be completely into silver,holding no gold whatsoever.

 

Looks like the SGR dropped to about 45 today....the trend is your friend.

 

Silver/Gold Ratio is down to 42.5....

 

Hedge your bets, buy 1/4 in gold (dollar purchase-wise) and the rest in silver.

 

What screams bubble to me is the stock market - not silver and gold.

 

I think both are based on peoples expectations of the future and not really about true value of the underlying securities/companies. Certainly stocks will pull back, probably PMs also.

It just remains to be seen how much and the duration for each.

 

Silver, Nickel, Copper for me:thumb:

 

I love how silver exploded today, I have 46.5oz and I bought when it was $16, I wish I bought when it was $12

 

There is more to the picture than simple ratio's.
Edit

For the record, the difference in ratio does in fact make silver a better performer. It is taking less and less silver to equal an ounce of gold. The above chart is a 14 month trend of peaks. Think about it.

 

So when I wrote the OP gold was at $1350 and silver was at $29... if on that day you purchased $1350 of gold and $1350 of silver

Today - The silver would be worth $1599 and the gold would be $1434.

so far silver is out performing gold...

We will look at this again in a couple of weeks

 

I am new to PMs, in fact I just made my first purchase this week, so I admit I am very much ignorant.

Doesn't this kind of boil down to a different set of goals?

One argument for PMs is for wealth preservation. If the US dollar tanks, goal of the PM is to retain a value so you can convert $$ to another currency etc. Therefore a PM that is used as a world currency & less suseptible to downturn due to a slow ecomony would be a higher priority. Gains would be somewhat secondary.

Another argument for PMs is for an investment that would grown. Maine-Marine points out a good fact that silver has grown faster than gold. According to my math and the numbers he provides, silver gain 18% & gold 6%. In the investment world 18% is great, but I'd take 6% a month all the way to the bank!

Is a core value in investing diversifying? I agree with some one here who said buy a little bit of both. I don't see the harm in doing both and take the average of those 2 returns of 12%. Thoughts?

 

Last year at this time it was 65:1. The historical mean is 16:1. The fact that silver has "caught up" partially from 65:1 to 46:1 demonstrates that there is at least some pressure to return to the historical mean. I don't have a single ounce of gold, because silver is both a growth (against a falling dollar) and value (currently trading below its worth) investment. Rarely does such a combo fail to present a decent return.