Gold or silver? Trading which one is better

Discussion in 'Bullion Investing' started by renu, Jan 16, 2011.

  1. renu

    renu New Member

    Which one is better for getting quick returns keeping in mind the current scenario. Whether gold or silver?
     
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  3. serendipitous

    serendipitous New Member

    Depends on the market scenario, view of the market and speculators, these days Silver is considered a safer investment then gold, but lets see how long it takes to change that view :D.
     
  4. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    I too like silver right now, but platinum is also looking good.
     
  5. Ginger1

    Ginger1 Member

    Trade only in gold for profit is on the way.Now new trend has been set for gold prices.
     
  6. renu

    renu New Member

    I also think the same way. Silver is giving good return as of now than investing in gold. Oh yes, thanks for giving tips about platinum investment.
     
  7. renu

    renu New Member

    But may be it is very safe in long run. If I want to get my money back in good return then may be silver is the best.
     
  8. Coin Chick

    Coin Chick Loves Gold

    It could be the best. It just depends on the market for it.
     
  9. Hexort

    Hexort New Member

    For me I think trading in gold for long term would be a better idea. For short term investments, Silver would be a better idea for me.
     
  10. vest007

    vest007 New Member

    You should be careful while dealing with Platinum. Russian government-owned mining / metal trading companies (especially Gokhran) are still rumored to be having large stockpiles of platinum reserves, left over from the days of USSR. In case of any financial emergency, they will be tempted to clear them. It will crash the prices.
     
  11. sajjadaxe

    sajjadaxe New Member

    @ vest007. is the government planning to sell it now . or is it under discussion or it will come into market when russia has any emergency need.

    thx for the info though , will search more on russia.
     
  12. lockirawr

    lockirawr New Member

    To me, silver is the safest investment. It's always in demand and right now is rising. Gold however is steady and the experts say gold will never be higher than it is now.
     
  13. vest007

    vest007 New Member

    Well the stock information is classified and is not readily available. No one knows exactly how much amount they are having in their stockpiles. And right now they are not selling their stock. During the 90s they sold a large part of their reserves, but I think a huge quantity still remains with them. They don't have any reason to sell the remaining stocks, but we can't predict the movement in case of something extra-ordinary happening in the global market.
     
  14. digg

    digg New Member

    Silver is best for getting return your investment so far. Reason......small investment small profit and small lose now a days many people getting lose in Gold trading... like Gold rates are low today and tomorrow we don't know high and too much low.

    i will prefer you to trade Silver this is also money making product.
    Thanks for understanding.
     
  15. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    Silver has been somewhat volatile in recent months. It does create situations where you can achieve great returns on your investment (or, I should say speculation). That's only if you get lucky and time the market correctly. It can as easily go the other way. In the last month alone, silver has been down to the low $30s and back up above $40. If you buy in now, above $40, you need to wait until silver heads into record-setting territory to see a decent return. OTOH, if it goes back down into the lower $30s, you've lost your shirt.
     
  16. vest007

    vest007 New Member

    Could you give us a target price for buying silver? I am a little bit confused right now. Gold prices are going up like anything. It is very likely that Silver will also follow the trend. But the problem is that Silver prices are already too high and investing at this time might be very risky. Please advice us, at which price we should go for silver. Thanks in advance.
     
  17. ProClerk

    ProClerk New Member

    Trading with Gold is much better & worthy in my opinion!
     
  18. bullionrating

    bullionrating New Member

    i would prefer to take physical quantity, as trading involves margin money, physical buying is much safe.
    gold and silver both are good, grab them at the right time and good prices
     
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