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If you really are going long term -- BUY GOLD NOT SILVER
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<p>[QUOTE="Brett_in_Sacto, post: 2567383, member: 71510"]If you do the math on silver and gold over the last year, you might see it differently.</p><p><br /></p><p>Gold went ~35% between the lowest and highest points this year ~1050 - $1390</p><p><br /></p><p>Silver went from ~12 to $21 making it close to an 80% gain in that same time period.</p><p><br /></p><p>Silver holding at $16 and gold at $1220 makes silver a better investment in the last year - assuming you held. Even better if you sold this summer.</p><p><br /></p><p>I don't look at either as better than the other. Like any investment, there's trade-offs. Finding your own opportunity and knowing the trade-offs is where you make successful investments.</p><p><br /></p><p>Now, that doesn't mean gold won't outshine silver at some point, but the smart bet is to play both conservatively and look for opportunities.[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2567383, member: 71510"]If you do the math on silver and gold over the last year, you might see it differently. Gold went ~35% between the lowest and highest points this year ~1050 - $1390 Silver went from ~12 to $21 making it close to an 80% gain in that same time period. Silver holding at $16 and gold at $1220 makes silver a better investment in the last year - assuming you held. Even better if you sold this summer. I don't look at either as better than the other. Like any investment, there's trade-offs. Finding your own opportunity and knowing the trade-offs is where you make successful investments. Now, that doesn't mean gold won't outshine silver at some point, but the smart bet is to play both conservatively and look for opportunities.[/QUOTE]
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If you really are going long term -- BUY GOLD NOT SILVER
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