Silver Will Be Worth More Than Gold

Discussion in 'Bullion Investing' started by Coin Chick, Apr 10, 2011.

  1. Rick B

    Rick B Well-Known Member

    It's about percentages not absolute dollar amounts. Gold goes up $1 a heck of a lot more and easier than silver going up $1.
    Gold can go up $100 easier than silver going up $1.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Rick B

    Rick B Well-Known Member

    Not sure what the comparisons of gold and silver are about. They are different and both good to own. We might as well be comparing gold to stocks, or silver to bonds, etc.
     
    Jeffjay and Garlicus like this.
  4. imrich

    imrich Supporter! Supporter

    My choice is WATER, sustenance, habitation, bullets, canines, and the other "desirable" seems to be present when you possess those. LOL

    JMHO
     
    fiddlehead likes this.
  5. Rick B

    Rick B Well-Known Member

    In the case of this kind of societal collapse, silver is good to have as well as gold. Would you want to pay a gold coin for toilet paper? LOL! Need smaller value coins also, to buy smaller items.
     
  6. Packrat

    Packrat Active Member

    If silver is really worth more than gold I would like to trade my silver for gold-ounce for ounce. any takers?
     
  7. Packrat

    Packrat Active Member

    A lady I sell gold to said she was going to get some of those small bottles of liquor like you get on an airplane flight. If times get hard she could trade one for a loaf of bread but would not want to trade one of her gold coins.
     
    Kentucky likes this.
  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    It's simple, do the math. According to USAGOLD on 2-2-2020 gold was $1528.95 and now it's $1900.30. That's an increase of $371.35. Not too bad. But on 2-2-2020 silver was $18.03 and now it's $22.64 for a profit of $4.61. If you had invested the same amount in silver that you did to buy that 1 gold ounce you'd be ahead by $19.57. And that's on 1 ounce of gold. If you bought 10 ounces then silver would be up by $195.70 over gold. Silver is out performing gold!
     
    slackaction1 and Jeffjay like this.
  9. Rick B

    Rick B Well-Known Member

    Interesting idea! LOL! If things come to that, I think we'll have more than that to worry about.
     
  10. Rick B

    Rick B Well-Known Member

    For one specific time frame, choose for what reason?
    Long term is all that matters, not a short term burst.
    Anyway, I say DIVERSIFY and buy both!
     
  11. Collecting Nut

    Collecting Nut Borderline Hoarder

    I've always said that. I'm just saying here that this year silver has outperformed gold.
     
  12. goldcollector

    goldcollector Member

    You do realize that you hand picked your starting point and completely ignored premiums right ? Silver is currently $22 and some change. For the past 4-5 months silver has been $27-$30 at least. Even generic rounds have been $27 minimum.
     
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    I used spot pricing. Spot is set where premiums can be different.
     
    fiddlehead likes this.
  14. imrich

    imrich Supporter! Supporter

    I suspect when that time arrives, the reserve currency will be crypto-coin, or something similar. I'm certain many here are familiar with the current major litigation concerning acceptance/transacting of cryptocurrency, and other matters:
    https://cointelegraph.com/tags/cryptocurrencies

    I don't believe we can continue world commerce for much longer with the seeming insanity of current sanctions mentality.

    JMHO
     
  15. Oldhoopster

    Oldhoopster It seemed like a good idea at the time.

    And it's also easy to go back through the archives and pull up old threads, then denigrate members who have made incorrect predictions Glad I didn't listen to this guy when he was bullish on platinum a year ago. I suppose if you make enough predictions, sooner or later, you can find one that is correct.

    Now will you please pay back the member you cheated. I don't understand why you think your posts carry any credibility after you stole money from a member of this group (all well documented in the archives)

    https://www.cointalk.com/threads/im-changing-my-username.341352/

    [​IMG]
     
    Garlicus likes this.
  16. juris klavins

    juris klavins Well-Known Member

    At today's Au/Ag ratio. $25 silver will equal $2100 gold - which spot price will be reached first? :cigar:
     
  17. Rick B

    Rick B Well-Known Member

    What did he do, in very summary form? I didn't see any details at that link above.
     
  18. juris klavins

    juris klavins Well-Known Member

    He allegedly sold silver bullion coins, received payment, then failed to deliver the coins. :eek:
     
    xCoin-Hoarder'92x and Kentucky like this.
  19. Oldhoopster

    Oldhoopster It seemed like a good idea at the time.

  20. Rick B

    Rick B Well-Known Member

    You can block a poster so you never see his posts again.
     
  21. fiddlehead

    fiddlehead Well-Known Member

    I like the potable water thing. We may see the day, maybe not so long from now, that a gallon clean water will be worth more than a gallon of just about anything else. I have a lot of it right now, but where could I store it?
     
Draft saved Draft deleted

Share This Page