Also, fuck buying gold. Ratio is wayyyy in silvers favor.
Maybe now. But gold has out preformed silver for quite some time now.
Past performance does not guarantee future results.
Physical reality can only be distorted for so long. Silver has way more uses and there is less of it above ground than gold. For any reason to buy gold, silver is better buy. Anyone can look at a chart and cherry pick. Right now silver is best investment available.
Past performance does not guarantee future results.
I totally get that, and I own a lot of silver myself, but it is crazy how much gold has out performed it. Bitcoin has blown both metals out of the water which is something to consider as well.
I wanted to pick up a few pounds of silver with an eye toward the ratio ... But about April 2011, the price of silver was around $48/oz and gold was atound $1700/oz. I decided to stick with gold and wait for the silver price to come down before buying in. Now silver is about $32/oz and gold $3150/oz.
Too much price suppression by the banksters... I have no idea when silver finally launches toward it's historic gold/silver ratio, probably after we free ourselves from the central banks.
If you're pricing in dollars you should keep your money in the market. If you're buying PM's to take your wealth off the table, then silver is the better play.
Nice example, except right now, silver is extremely cheap compared to gold. Gold at all-time high and silver nowhere near it. Buy gold? DERP
Great silver
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