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<p>[QUOTE=&quot;jolumoga, post: 26704614, member: 41780&quot;]To be fair, most Americans do not invest at all - never mind gold and silver. Because both metals are scarce, it only takes increased buying at the margins of society - or margins globally - to cause prices to spike. I see gold as increasingly nation-state or central bank money, with some wealthy individuals being able to accumulate it in quantity. I see silver growing on the international stage, with certain cultures perhaps holding steadfastly to just buying gold as a precious metal. So yes, gold is more recognized as an investment, but the only constant in the universe is change. I see silver growing in popularity as an investment - maybe not everywhere - as an alternative that common people can afford.</p><p><br /></p><p>*ChatGPT clarified to me that gold is culturally ingrained in Thailand, which I understand. Gold is likely to remain a primary investment vehicle, particularly for the middle and upper classes.</p><p><br /></p><p>**Here&#039;s a good report on gold (and silver) investing in Thailand: <a href="https://cdn.lbma.org.uk/downloads/Publications/2026/Metals-Focus/Metals-Focus-Spotlight-on-Thailand-Feb26.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://cdn.lbma.org.uk/downloads/Publications/2026/Metals-Focus/Metals-Focus-Spotlight-on-Thailand-Feb26.pdf" rel="nofollow">https://cdn.lbma.org.uk/downloads/Publications/2026/Metals-Focus/Metals-Focus-Spotlight-on-Thailand-Feb26.pdf</a></p><p><br /></p><p>&quot;In contrast to gold, silver investment in Thailand remains extremely modest, largely due to taxation policies. While gold investment products are exempt from value-added tax (VAT), silver ones are subject to 7% VAT, significantly reducing their competitiveness. However, with gold prices achieving record highs, some investors have started to diversify into silver. Over the past year, there have been ongoing discussions within the industry and government about rationalising VAT on silver to bring it into line with gold. If implemented, this could stimulate growth in Thailand’s silver investment market.&quot;</p><p><br /></p><p>***In response to the above, it seems, as significant as inherited culture can be in influencing investments and behavior, so is tax policy. Thai tax policy is currently harsh toward silver, preventing this industry from taking more market share among investors, though some growth is inevitable as gold becomes more out of reach due to rising prices.[/QUOTE]</p><p><br /></p>

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