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RE: Is Gold Better Than Silver

in #steemsilvergold7 years ago

Gold always going to be number 1.. silver may gain on it but it will never pass it. it's alot easier to store but more people will want to steal it from you as well...Plus it's the way it's been for so long thats never going to change.. both are undervalued and i see the true value being gold around $9000 oz and silver $1000 oz. if this does happen which i think is possible.
so safe to say gold is the winner or is it... Guess thats where silver is the winner but gold is still worth more.
Lets do some math on it. i gonna just round prices off as it easier
say gold $1000 an oz and silver $16
gold 9000 / 1000 = 9 silver 1000 / 16 = 62.5

so you invest $5000 in each
gold 5000 x 9 = $45,000
silver 5000 x 62.5 $312,500
312,500/45,000 = 6.944 times the profit that gold will return..
I not say gold is bad you should have both but it shows silver has great potential and i do think you should have equal amount in monetary terms within your stack. I not quite there yet with the gold but i do plan to buy more and increase my stacks gold to silver rate so it's even.

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