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RE: Which Metal will Lead the Surge, Gold or Silver?
Since after a couple thousand years, an ounce of Gold will still "only" get you a new Suit of Clothing, I'd have to place my bet on Silver...
Since after a couple thousand years, an ounce of Gold will still "only" get you a new Suit of Clothing, I'd have to place my bet on Silver...
Thanks for the reply, I agree with you on the silver being the best bet. I think gold has been manipulated for so long now that it is way below fair market value and when they loose control, it will buy you a dozen suits my friend, cheers.
The trouble I see with your way of thinking is that The Central Bank Owners have us all trying to out guess the Manipulation and Fluctuation... Gold is what it is and it hasn't changed in thousands of years... The Central Bank Owners are making a killing off our belief that we can make a Profit... Good luck trying to buy low and sell high... Some will make a profit, but most of us will loss what little we have... It's almost like Gambling in a Las Vegas Casino...
The real way of thinking is that your not making any profits, you are just not losing everything like everyone else. Precious metals are just a metal that happens to be a lot scarcer than other types of metal, like copper or zinc, that is the only difference. So no I don't see it as gambling, because by buying metals you are cashing in your chips (fiat) and leaving the casino to watch it burn. cheers.
My point was the Fluctuation... It's not easy to guess the best time to buy or sell... I have one follower who needs to cash in a lot of his stack, and he's doing this at a loss... That's why I call it a Gamble... I have a decent size stack of both Gold and Silver... I bought at very low and some high prices... So far, I've been fortunate that I haven't been in a position to sell at a loss... I see where you're coming from... I like the fact that I have Gold and Silver as an option for surviving unknown future events... Thanks for giving me your point of view...