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<p>[QUOTE="BDA, post: 828027, member: 23590"]Due to gold cost.. I buy much more silver. I feel I'll have a bigger growth in wealth with silver in the long run. Why?</p><p> </p><p>Lets say you buy 65 oz in silver.. at $17.15 an oz</p><p> </p><p>Then you buy 1 oz of gold at say, at $1133</p><p> </p><p>If silver goes up just $5 to say, $22.15 an oz (not impossible), you'll make $325</p><p> </p><p>If gold goes up $5... you'll make $5. Heheh... </p><p> </p><p>I'm new of course, but in my mind, gold has to move A LOT further than silver, to see anything from it. gold, to me, is a way to SAVE money.. put it into something for safekeeping, and get it back out years down the road when you need it. Silver is more of an investment, that to me, is undervalued. Sure.. not as awesome as wall street, money market, stocks, ect.. but, its also lower risk. </p><p> </p><p>Prices will go up & down, but the metal is in my hand.. not an account number on a brokers computer screen.</p><p> </p><p>Besides.. I like to look at all that silver.. collecting it is fun. Its an enjoyable way to save money.[/QUOTE]</p><p><br /></p>
[QUOTE="BDA, post: 828027, member: 23590"]Due to gold cost.. I buy much more silver. I feel I'll have a bigger growth in wealth with silver in the long run. Why? Lets say you buy 65 oz in silver.. at $17.15 an oz Then you buy 1 oz of gold at say, at $1133 If silver goes up just $5 to say, $22.15 an oz (not impossible), you'll make $325 If gold goes up $5... you'll make $5. Heheh... I'm new of course, but in my mind, gold has to move A LOT further than silver, to see anything from it. gold, to me, is a way to SAVE money.. put it into something for safekeeping, and get it back out years down the road when you need it. Silver is more of an investment, that to me, is undervalued. Sure.. not as awesome as wall street, money market, stocks, ect.. but, its also lower risk. Prices will go up & down, but the metal is in my hand.. not an account number on a brokers computer screen. Besides.. I like to look at all that silver.. collecting it is fun. Its an enjoyable way to save money.[/QUOTE]
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