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Lots of silver "stacking," not so much gold stacking
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<p>[QUOTE="myownprivy, post: 2633325, member: 84588"]Hey guys, potentially my fault if you missed my point and got offended. I don't think investing in silver is stupid. I think it's very smart. I don't think gold investing is smarter than silver investing. However, because silver is so much cheaper it leads to two things: it's easier for any old country or mint to make it, and it's easy for any old person to buy it.</p><p><br /></p><p>This leads to a higher likelihood of someone having a very varied stack of random junk that doesn't command high resale value (ie a bad investment) and has the potential to attract more people to invest in it because it is so much cheaper than gold. </p><p><br /></p><p>The combination of these factors lead to large numbers of people with ugly hodgepodge stacks of silver that aren't worth much, owned by people who may not be as to really afford it.</p><p><br /></p><p>Yes, this can happen with gold too, but I believe it is much more common with silver.</p><p><br /></p><p>I think people with big stacks of maples and eagles are smart, whether those are silver or gold.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 2633325, member: 84588"]Hey guys, potentially my fault if you missed my point and got offended. I don't think investing in silver is stupid. I think it's very smart. I don't think gold investing is smarter than silver investing. However, because silver is so much cheaper it leads to two things: it's easier for any old country or mint to make it, and it's easy for any old person to buy it. This leads to a higher likelihood of someone having a very varied stack of random junk that doesn't command high resale value (ie a bad investment) and has the potential to attract more people to invest in it because it is so much cheaper than gold. The combination of these factors lead to large numbers of people with ugly hodgepodge stacks of silver that aren't worth much, owned by people who may not be as to really afford it. Yes, this can happen with gold too, but I believe it is much more common with silver. I think people with big stacks of maples and eagles are smart, whether those are silver or gold.[/QUOTE]
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Lots of silver "stacking," not so much gold stacking
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