Although I'm still rather new to investing in PMs. I've been looking at how I've done the past few months I've started and I wonder why I bought an ounce of gold to go with my 90 ounces of silver rather than buying all silver. Looking back I paid 22.89 for my silver and now I can sell it back to my dealer I bought it from for $30. That's a gain of $640! My one ounce of gold hasn't gone up $100 yet. If I would have just bought all silver, I would be up another $400. So why are people wanting to trade silver for gold? Is it just a good year for silver than gold or what?
I don't see a price break out in silver rather than it varies 22 to 29$.But gold is always tending for new highs.
That is a good analysis. It has been 22 for less than a year it has doubled over the last year. Do you think it could double again?
