I have no experience here at all, why do you say gold beat silver and why is it no reliable? I thought that precious metals were way more stable than stock for example.
Just look at how much silver has fluctuated over the last 2 years. It's more volatile than a lot of stocks. I don't think the statement gold beats silver can be said to be true or false though without context. You'll generally lose more or gain more with silver than you will Silver. So it's more volatile, I'll say that much.
I was also under the impression that metals were more stable due to a regular demand. Are they more volatile over time, or more volatile short term? I would most likely be looking at buying them for a long term investment (at least that is my original thought).
They can be steady at times, and quite volatile at other times. I think they are a good idea in modest amounts as part of a balanced longterm portfolio.
I was trading gold more than 1 year, with minimum monthly profit 5% of equity. I like gold because of more volatility, in my trading opinion volatility is opportunity
I would prefer silver over gold just because you can get more per dollar and I'd rather have 40 oz silver than 1 oz gold. But for large investment values gold is much more effective and I think will have a higher value.
I've always heard that gold is the better and long lasting investment and we all saw how the value rose recently when the crisis came.
I think I can understand the reason for diversifying in this market now. I've been trying to figure out how much to initially purchase to make it worthwhile in each of gold, silver and one other metal like Platinum. Would I be too modest if I started out at $1000 of each just to test the waters?
Isn't gold infinitely less durable than silver? In turn, wouldn't that mean that the durability would be worse and silver may be a better material to buy if you wanted jewelry?
