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<p>[QUOTE="InfleXion, post: 1221582, member: 29012"]Based on the wild swings in silver and the relative consistency of gold I would agree with you, and I would choose gold over silver if not for all the fundamentals behind silver that gold does not share. Gold is a one trick pony, but I think silver will turn out to be a superstar because it is the only metal that is both a monetary and an industrial metal. It has been shown to diverge from copper and follow gold when faced with a crossroads, and is also more rare than gold above ground and arguably below ground as well (see epithermal deposition) even though most people will quote the historical 15:1 ratio as what remains underground - past results are no indication of future gains. ;] </p><p><br /></p><p>I do think gold is a good buy, because it is still far off from it's inflation adjusted high even though it is near an all time high in dollars. The state of the economy (and confidence thereof) and monetary easing play a role in that opinion as well. I just think silver is a better buy if your strategy is to buy and hold, and ride out the waves.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1221582, member: 29012"]Based on the wild swings in silver and the relative consistency of gold I would agree with you, and I would choose gold over silver if not for all the fundamentals behind silver that gold does not share. Gold is a one trick pony, but I think silver will turn out to be a superstar because it is the only metal that is both a monetary and an industrial metal. It has been shown to diverge from copper and follow gold when faced with a crossroads, and is also more rare than gold above ground and arguably below ground as well (see epithermal deposition) even though most people will quote the historical 15:1 ratio as what remains underground - past results are no indication of future gains. ;] I do think gold is a good buy, because it is still far off from it's inflation adjusted high even though it is near an all time high in dollars. The state of the economy (and confidence thereof) and monetary easing play a role in that opinion as well. I just think silver is a better buy if your strategy is to buy and hold, and ride out the waves.[/QUOTE]
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