Which Is A Better Investment Currently, Silver Or Gold?
Which Is A Better Investment Currently, Silver Or Gold?
Silver has far more use in terms of industrial usage. Gold however is the only thing that money/currency is truly benchmarked against. While most Gov'ts tend to no longer use this standard, the investment community still does. The direction of the price of gold will most likely be determined by the actions of the global central banks. If they continue to attempt to print their way to economic prosperity, the price will be much higher. If not, and they allow fiscal authorities to pursue greater austerity, the opposite will be true. My personal view is for at least the next few years, you can expect increased printing of global currencies and higher gold prices. In reality the direction of policy will determine this.
Silver and Gold both are better options for long term investment, but I prefer gold over silver because it has more value
Gold and silver are the classic precious metals. If you want to buy these to hold, as physicals, long term, silver has the advantage of being cheap to buy in small amounts. Gold has the advantage of being physically smaller. As far as trading silver or gold goes, there is little difference as the differential in gold/silver pricing changes with the mood of the market so it's anyone's guess which will outperform the other in the long term. Over history, gold to silver ratios have changed from 5 to 80 in terms of how much more times gold is worth an ounce; although 16 to 40 times is the modern range. Recently, silver has been the most volatile which suggests silver should outperform gold but this argument is a technical one and most people will select silver over gold because of the satisfaction of owning kilos over ounces, or its practicality as money in extreme times.
Our research indicates that industrial demand for silver will continue to grow, driving prices higher. Silver is at a very affordable price, around $20/ounce. It quadrupled in 20 years.
by PhoenixV 10 years ago
Is Silver Bullion Or Silver Coins A Good Investment Currently?Is buying silver a good idea? What price is a good price to buy silver? What is a good price to sell silver? What are some strategies you would recommend, when thinking about investing in silver?
by Ben Evans 13 years ago
Many people may think that I am a gold and silver bear (looking for price to go down). I am not and both gold and silver could keep going up.The problem is there is a lot of risk right now in precious metals and the market could drop precipitously in a wink. I hear a lot of people talk...
by Kelly 11 years ago
Is sterling silver or white gold better for man's wedding band.Sterling silver or white gold for a 20th anniversary wedding band for hubby? I'm having a Star Wars themed ring made for him. It is going to reflect Vader's light saber and chest plate.
by PhoenixV 7 years ago
Is Silver A Good Investment?
by ledefensetech 14 years ago
http://news.yahoo.com/s/ap/20090826/ap_ … ma_economyAll I can say is: Oh my God!There's a story that right before the end of World War II Montgomery Ward, the guy who had the department store the same name, close down all sorts of words and fired all kinds of people because he thought that...
by qwark 14 years ago
The price of an oz. of gold is almost $1200.00's.Why would anyone buy gold at it's peak price?Would you buy a stock at the highest price it has historically reached?
Copyright © 2024 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2024 Maven Media Brands, LLC and respective owners.
As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.
For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy
Show DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. |
Amazon Web Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy) |
Google Hosted Libraries | Javascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy) |
Features | |
---|---|
Google Custom Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy) |
Google YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy) |
Facebook Login | You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites. |
Conversion Tracking Pixels | We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service. |
Statistics | |
---|---|
Author Google Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy) |
Amazon Tracking Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |