Should I invest in gold or silver?
I'm thinking about doing so, but I wanted others' opinions first.
if you are in India, then refrain from investing in Gold or Silver in the short term - as the commodity is very volatile due to Indian currency fluctuations against dollar.
You need to wait for some more time till the metal stabilize a bit.
Gold and Silver is a good way to protect your money.
The dollar in the US is going down everyday. Gold and Silver reflect the dollar.
When the dollars is high gold is low. When gold is high the dollar is low.
For some reason the price of silver and gold is dropping, but now is a good time to buy. Always buy low.
I believe soon enough their value is going to rise exponentially.
Gold > Demand for gold is ever on increase. This has made it very overvalued. But considering the fact that this demand is not going to subside any time in future, hence prices are only going to appreciate in long term.
But question is how fast it will grow?
Silver > Silver is not as much in demand as gold. I personally feel that rate of growth of silver in long term will be slightly better than gold.
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