Which do you prefer-Silver or Gold?

by abundantlife

Posted: 13 years ago 32 replies

OFF TOPIC

I have my own preferences and many people don't even know why precious metals might be considered a good investment in these times. What do you think?

#gold #investing #silver

trinsleynewton 13 years ago

well, its been said that China is expanding its gold reserves and that's why everywhere the price of precious metals especially of gold is rising
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abundantlife 13 years ago

While that's no doubt true gold, especially gold, but also silver are a store of value and usually increase in price as the value of the dollar goes down. Just a thought. Thanks for your comment TrinsleyNewton.
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Prov. 22:1 A good name is more desirable than great riches; to be esteemed is better than silver or gold.
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donkiston 13 years ago

I prefer both because both are real wealth and have a very strong role in Islamic Economical model.
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maaria143 13 years ago

I like both but I love to wear Gold as compare to Silver.
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AdwardDoo 13 years ago

Gold, because it's more valuable and it's good investment. Gold's price is rising constantly
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JoeUK 13 years ago

I've always preferred the look of silver to be honest and prefer it even more now what with the mad hype over gold gold gold!
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- Suthan M 13 years ago
  
  I prefer property... Even whatever people say about property- i think it has the best value..
  
  Choosing between gold and silver.. i prefer gold.. but i hate to be seen with gold in public because it attracts criminals and snatch thieves. its scary.
  
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chimeara27 13 years ago

I prefer gold as choice if you want to invest on them.
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- DrewBru75 13 years ago
  
  I would probably say gold as silver has already almost tripled over the last 3 years.
  
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mariaikram 13 years ago

I like gold because it is more precious then silver,,,,,,
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Daniel Evans 13 years ago

Gold for investment, but I prefer to wear silver!
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- myob 13 years ago
  
  I prefer diamonds over silver or gold. A pound of diamonds carries a lot more weight than a pound of gold.
  
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paintingsgalore22 13 years ago

I prefer wearing silver. . Wearing gold is hard to mix and match with clothes!. If ever you need customized jewelries try visiting Customized Jewelry | Personalized Gold Jewelry | Affordable Jewelry | Cheap Custom Jewelry. Ciao.
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mikeof1

13 years ago

If you're talking about preferring gold or silver from an investment point of view, then silver is the better investment. From a percentage point of view, it has increase more than gold.

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larrydcook

13 years ago

Originally Posted by mikeof1

If you're talking about preferring gold or silver from an investment point of view, then silver is the better investment. From a percentage point of view, it has increase more than gold.

I agree, from 1833 to 2001, the compound annual growth rate of gold was only 1.54%. today 2.75% That's pretty rotten. Since September 11, the value of gold has definitely increased. It's looking better right now. But you can't deny nearly two centuries of consistently poor performance.

But think about it. If you were going to invest in gold at all, would you really want to buy it at its 176-year high? You should be selling not buying in my opinion! but there is always a cycle an as our economy turns gold will go down! Again!

In Jeremy Siegel's book Stocks for the Long Run, he reveals what would have happened to a single dollar invested in bonds, stocks and gold since 1801:

One dollar invested in bonds in 1801 would yield $13,975 today.
One dollar invested in stocks in 1801 would be worth $8.8 million today.
One dollar invested in gold in 1801 would be worth $14 today.

Check out what Dave Ramsey's thoughts on investing! are!

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chrisa77 13 years ago

I prefer $$...

anyway, I would love to have gold..
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migen 13 years ago

Diversify your investment is one thing i learn when trading forex.
I don't like gold or silver, I just want to make sure I get good, stable return when investing.
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EdmundLoh 13 years ago

Precious metals are good for wealth preservation, nothing more. (and maybe a bit of showing off)

Okay now seriously... I preferred to invest in silver over Gold given the price potential. That was several months ago. I've stopped buying since as it was sufficient. I've moved on to Copper. It's common metal but I forecast this may be the next to go up in price. Even if it doesn't well, I already bought it at its lowest.

Edmund
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James Yarbrough 13 years ago

Without any thought at all both should be in your retirement folder
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- abundantlife 13 years ago
  
  James I certainly agree with you. I hope that more people come to understand the value and importance of precious metals in a portfolio before it's too late.
  
  Apparently I'm not yet permitted to use html so can only offer this link of what one TV reporter thinks of gold. I wouldn't want her as my investment advisor.
  
  The dumbest journalist ever ? Says gold is 'backed by nothing' - YouTube
  
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  Prov. 22:1 A good name is more desirable than great riches; to be esteemed is better than silver or gold.
  
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ace21 13 years ago

Definitely gold It always seems to hold or increase its value over the long term.
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kiteg2 13 years ago

Gold is the world currency in times of crisis, and the world is in crisis at present.
Sooner or later the gold bubble has to burst, but right now there are no signs of it.

Silver is on par with gold.

However you might like to think about base metal depending on your investment strategy. Copper often gets incredable results also.
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Shilpa 13 years ago

I like both, it depends on what kind of jewelery it is.
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Rachellex3 13 years ago

I'm a gold lady I love my gold rings
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pennington33 13 years ago

I invest in silver. Silver will be the next big thing to take off. Remember silver is used in every tv,smart phones etc... Silver is also a industrial metal. As the Us Dollar continue to lose value these metals will continue to go up in value. Gold is a good investment as well.
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Fazal Mayar 13 years ago

i like both but silver looks hotter on me
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George Curtis 13 years ago

Gold!!!!!!!!!!!!!!!!!
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komplex Banned 13 years ago

Love Silver, wear it; but gold is so played out to wear. but there's so many needs for it. In terms of investing I'd go with Gold though.
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kpopjeongsik 12 years ago

I personally like silver jewelry, and sterling is pretty affordable. I wear a lot of silver..And its cheap also when we compare with yellow jewelery..
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Jun Balona 12 years ago

Silver. Keeps the werewolves away.
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- PhaedraDragon 12 years ago
  
  I like crude oil and natural gas. With those, I will get your gold and silver, cause you gonna need my crude oils and natural gas. Don't count on an alternate energy source coming along which will be cheap. The companies that put that out, will be charging all the traffic will bear; which means I will have power when the clouds cover the sun, or the wind don't blow.
  
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chrislangley 12 years ago

I think it's best to go with gold, just has a stellar reputation all round
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Which do you prefer-Silver or Gold?

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