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RE: Gold, why is it languishing? Upside and downside, a commentary.

in #gold8 years ago

I like both gold and silver, and I suspect silver may have more upside potential in the near-term. Like you said though, nothing we say is to be considered financial advice, and is only personal opinion.

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I have never been a trader in either! The fact that gold is so much rarer is the key. Platinum might be an interesting one too.

The scarcity of gold makes it less useful in day-to-day trade as an alternative to government money though. I see silver as more volatile due to its greater quantity and easier use in trade.

Agreed, Silver was one of Soros's great moments in trading - the weevil that he is.

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