The Blackangel Posted November 6, 2022 Share Posted November 6, 2022 At this current moment the spot on silver is $21.09 The spot on gold is $1,689.75 Would you invest in silver and stock it up, or save up the money to invest in gold? Personally, I buy silver. It's within my budget, and it's still a precious metal. Yes, it's worth vastly less than gold, but it's a hell of a lot cheaper. Get enough of it over time, and you can sell it for a house and a sweet ass car, and still have money left over. I've sold to the local pawn shop when I needed some quick cash. They pay 90% of spot, which is completely understandable. They have to cover overhead and make a profit at the same time. If I was a millionaire with money to burn, I would be investing in gold. But for the average populace, it's silver all the way. Link to comment Share on other sites More sharing options...
svjiminfxv Posted February 17 Share Posted February 17 I would invest in silver. It is cheaper and it is within my budget. Gold is just way too expensive. Link to comment Share on other sites More sharing options...
Debashis Posted March 10 Share Posted March 10 I think Silver is the way to go. I have not done much research on it but this is what the writer of the book "Rich Dad! Poor Dad!" said in a podcast when he had visited India. Link to comment Share on other sites More sharing options...
The Blackangel Posted March 11 Author Share Posted March 11 (edited) These days, I've pretty much switched from silver to copper. The reason is amount versus cost. A month ago I bought a 10 pound bar of copper for the same price that 2 troy ounces of silver would cost. Before that I had bought a 5 pound bar for just a little over what one troy ounce of silver costed. Since it's still a semi-precious metal and I can build it up faster, I'm sticking with that for now. Edited March 11 by The Blackangel Link to comment Share on other sites More sharing options...
Heatman Posted March 31 Share Posted March 31 I would definitely choose to invest in Gold for the obvious reasons. It's expensive yes, but on a long run, it's certainly going to pay me more to the best of my knowledge from studying the price analysis of the commodity. Link to comment Share on other sites More sharing options...
