Which do you prefer to invest with: Silver or Gold?
By SummerChick
@SummerChick (513)
Philippines
August 14, 2008 2:37pm CST
These are SOME of the considerations being taken by some people in the investment world:
Gold is more valuable in terms of monetary exchange than Silver.
Gold back-ups the money reserve of the government making it more valuable than silver.
Silver is more fashionable right now and the demand is getting higher therefore money is much easier achieved than Gold.
Silver is abundant to mine than Gold which is becoming scarce and harder to find.
If you are an investor, which would you prefer to invest with?
1 person likes this
2 responses
@LouiseKnittel (4764)
• United States
14 Aug 08
Gold Boullion is my first choice. Oil Wells are my second choice. Refineries are very good also. Hope this help you.
@SummerChick (513)
• Philippines
14 Aug 08
Good choice. But going only with those 2 elements, which would you prefer to invest with? and can we get an insight why?
1 person likes this
@LouiseKnittel (4764)
• United States
14 Aug 08
Gold.
Because it is the best. Just look at what it is selling for now. I think it will be much higher in the future.
"When" it comes own invest.
Always buy low, Sell High.
@ionsquare (530)
• Singapore
21 Oct 08
I would prefer to invest in Gold. That is the choice of the majority i guess.
