everybody is talking about silver falling, what about gold? Is it safer to sell silver and reinvest in gold? Any thoughts?
I believe you should have a fairly even mix of silver and gold regardless of silver's passed performance. However, many believe gold to be less volatile than silver. Which means less losses and less gains.
I always consider gold a safer investment.. however if this "too the moon" price ever does happen, it will be the holders of silver that make the major profits.
Yes, it is probably "safer" to hold gold rather than silver. But precious metals are highly volitile investments under the best of circumstances, and if safety is a priority, you are in the wrong place.
While silver has crashed, gold has seen an appreciation over the past month. Gold = +2.47% Silver = -9.41% :so-sad:
