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Gold / Silver Ratio Chart 1792-2005 ... wow
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<p>[QUOTE="WingedLiberty, post: 1029949, member: 26030"]I think that silver is more of an industrial metal (and sort of a secondary currency/store of wealth) ... the problem with silver is if you buy $20,000 worth of the stuff ... you can't carry it (or store it easily)</p><p><br /></p><p>Gold is more of a surrogate currency (you can easily carry or store $20,000 worth) </p><p><br /></p><p>If you are india or china ... it's much easier to store a $100 million of gold than silver!</p><p><br /></p><p>Still I like that silver has an industrial use ... sort of gives you two ways to have the price increase.</p><p><br /></p><p>and of course the price of silver gives the middle class the chance to own something hard </p><p>(as most middle classs people might struggle to dig up $1,500 to buy a gold eagle but they could dig up $100 to buy a 1/4 pound of silver coins)[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1029949, member: 26030"]I think that silver is more of an industrial metal (and sort of a secondary currency/store of wealth) ... the problem with silver is if you buy $20,000 worth of the stuff ... you can't carry it (or store it easily) Gold is more of a surrogate currency (you can easily carry or store $20,000 worth) If you are india or china ... it's much easier to store a $100 million of gold than silver! Still I like that silver has an industrial use ... sort of gives you two ways to have the price increase. and of course the price of silver gives the middle class the chance to own something hard (as most middle classs people might struggle to dig up $1,500 to buy a gold eagle but they could dig up $100 to buy a 1/4 pound of silver coins)[/QUOTE]
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