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My (revised) argument for the best way to invest in bullion
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<p>[QUOTE="InfleXion, post: 2839608, member: 29012"]If the question is which is smarter, buying gold or buying silver, my answer is yes. They are both money. They both offer protection from counter party risk, a physical asset that literally can't be stolen in cyberspace, that doesn't need default insurance from a bankrupt government.</p><p><br /></p><p>Premiums don't factor much into which metal I prefer, only what I perceive as fair value compared to the price I have to pay. If the gold to silver ratio is any historical indicator, then silver is the better investment from a strictly value based standpoint, but there are certainly merits to gold, and having been a longtime silver bug I find myself going 50/50 into both metals lately from a cost standpoint mainly for portability reasons. Although if things get revalued to historical norms then silver will meet that function well enough.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 2839608, member: 29012"]If the question is which is smarter, buying gold or buying silver, my answer is yes. They are both money. They both offer protection from counter party risk, a physical asset that literally can't be stolen in cyberspace, that doesn't need default insurance from a bankrupt government. Premiums don't factor much into which metal I prefer, only what I perceive as fair value compared to the price I have to pay. If the gold to silver ratio is any historical indicator, then silver is the better investment from a strictly value based standpoint, but there are certainly merits to gold, and having been a longtime silver bug I find myself going 50/50 into both metals lately from a cost standpoint mainly for portability reasons. Although if things get revalued to historical norms then silver will meet that function well enough.[/QUOTE]
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My (revised) argument for the best way to invest in bullion
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