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<p>[QUOTE="SilverSurfer101, post: 1908585, member: 70411"]What is the difference between $50K in gold and $50K in silver? Wealth is wealth. Either one is much better than $50K in US dollar over a 10 year time due to inflation. I dont see getting rich off of either, however it seems that both are a good hedge against inflation. I am no expert by any standard, but it seems reasonable that silver demand will increase through time due industrial needs. Gold may be for the rich, but it doesnt have any use other than being a "standard" of money value. I am very new at this, so I may be wrong, but based on projected future demand it seems that silver isnt a waste of money. unless of course the 50K of silver drops to $20K and the industries decide its electrical properties are unnecessary. Please let me know if I am thinking wrong. I am very teachable.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer101, post: 1908585, member: 70411"]What is the difference between $50K in gold and $50K in silver? Wealth is wealth. Either one is much better than $50K in US dollar over a 10 year time due to inflation. I dont see getting rich off of either, however it seems that both are a good hedge against inflation. I am no expert by any standard, but it seems reasonable that silver demand will increase through time due industrial needs. Gold may be for the rich, but it doesnt have any use other than being a "standard" of money value. I am very new at this, so I may be wrong, but[I] [/I]based on projected future demand it seems that silver isnt a waste of money. unless of course the 50K of silver drops to $20K and the industries decide its electrical properties are unnecessary. Please let me know if I am thinking wrong. I am very teachable.[/QUOTE]
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