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CA, Coins and cash's Blog

31 Oct 2021

Investment differences (between gold and silver 2021)

| CA, Coins and cash

If you are interested in investing in gold or silver, some may have a hard choice deciding which to choose. Though some may think that gold is the better option, while silver is actually a much better choice. if you look below at the pictures, you will see i have uploaded a chart of silver prices per ounce and gold prices per ounce from around 2000-2016ish. As you can see, the silver prices have fluxuated significantly, so if you were to buy one month for say $22 an oz. and buy 10 ounces then wait a month till it goes up to $29 an ounce then you would make about $70 over a two month period depending on when you invest exactly. (it may be difficult to see the chart but you can just look up silver value chart from this year) Now i will show a gold value chart from this year. (scroll down).As you can see you will make more money when gold goes up in price, but it will take a longer period of time and gold is more expensive than silver obviously.If you divide it all out and gold and silver were the same prices, silver would end up to be a better investment.

Comments

i like silver personaly because of how much it fluxuates

I. R. Bama

Level 5

Interesting. Most folks hate volatility. You have a higher risk tolerance than aberage. With education, you should do well in investing

Mike

Level 7

He price of silver is going up. Fact. The mint did run out of silver in 2020. This means supply and demand the price should go up.

yep. Couple of years ago i got a mint condition 1880's morgan dolar for 40 bucks, it like $200 now hehehe

Mike

Level 7

The one trillion dollar coin has been in the news for some time. The current government is playing dangerously close to destroying our finances. Think we're I don't know 29 trillion in debt. So make 29coins and were ok. It doesn't work like that.

LOL the government is basicaly saying government: hmmmm 29 coins means 29 times less inflation me: yep thats definitly how it works

Thank you guys for the positive outcome, this is my first (out of many i hope) post! I will try to sqeeze another one in by the end of this week!

I will try to make a post about the 1 trillion dollar coin concept soon! i will not put my views on it, but instead i will see what you guys have to say.

I. R. Bama

Level 5

I buy first to collect, but definitely with investment in mind as well. Gold is a lot more stable in price which is attractive, but unstable silver is more affordable

Long Beard

Level 5

When people talk about gold and silver as a commodity, they rarely look beyond the metal value. Meaning it's use in manufacturing. Silver is used far more than gold, it's elemental properties similar to gold, and is far more abundant naturally. This reason is why the silver market reacts greater than gold. 2012 is a prime example when China was booming in commercial growth and required tons of the silver metal. So the price shot up to nearly 40 dollars per ounce, only to plummet to around 15 a few years later where it held until 2020.

AC coin$

Level 6

It has been in the news for three months now . We will see in Feveruary 2022 ,

Golfer

Level 5

You need a big wallet to be a serious gold investor. I think silver is a good choice. Always nice to have a few ounces and be in the game.

slybluenote

Level 5

I’m in agreement with Kepi, Longstrider, and Mike. I’m not an investor kind of person although I do check silver prices sometimes when I’m looking to make a purchase. Nice blog and thanks for sharing!

Kepi

Level 6

I wish it was a hard choice which to buy... My wallet says silver... haha Nice chart! Thanks for the blog! ; )

yep my wallet says silver to

Longstrider

Level 6

I'm a silver guy myself. I usually don't buy for investing but it's always in the back of my mind. I check metal prices every day. Just habit. Thanks.

Mike

Level 7

I always know the price of silver and gold. I don't buy for investing I buy for collecting.. Thanks for the chart!

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