GOLD or SILVER?
Gold&Silver vs stocks
I have already made a chart where I have compared S&P stock index and gold/silver. From those charts it is eazy to see that stocks are becoming overpriced not just in comparison with dollar but gold and silver too, making stocks a bad investment at least in the long term.
Silver wins for me!
If I would have to choose either silver or gold I would definitely go with silver. It is one of the most undervalued assets I have ever seen. Even in year 1918 the price per Ounce of Silver in dollars was higher than it is today. There is a hook and that is that there is at least 40x more dollars in existence than in 1918 (dollar has at least 40x lower value than it had in 1918).
Even in these charts I have made to compare the price of silver measured in gold and gold measured in silver you can see how the gold has maintained a much higher price than silver almost all the time. I would also like to point out tha Silver is used in almost anything that is somehow connected with computers which have huge market on their own-> we'll need silver in the future 100%!
Ounces of Silver per 1 OZ of Gold
Ounces of Gold per 1 OZ of Silver
The gold/silver ratio really makes silver an attractive buy, However, Gold will typically perform better in a consolidation phase, just like how BTC is doing better than LTC right now. If you don't care and are in for 20+ years, silver is definitely a good buy.
If you are interested in investing, I made a video about my macro outlook on the markets. Check it out! https://steemit.com/stockmarket/@cryptomeeks/l7hdncjv
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Can't disagree with that. But gold and silver are at least for me a long term investment just because how "difficult" the manipulation with them is. Tho i will try to buy as much as possible of both.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If they weren't manipulated at all, I would only buy gold lol. When did you get your start in PM?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What is PM?? 😅. I don't get how it is possible that they're both manipulated so much. I find it comic everytime I see the chart of monetary base...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
PM is precious metals. BTW how do you do emojis here on Steemit?
Fiat currency is such an SOB. But it leaves little pockets of opportunity that allow us to take advantage and become successful financially.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Exactly that is what I thought when I started reading the book. But those who have the knowledge can take it as a big opportunity.
Replying from my phone so I can use emojis don't know how to use them on computer tho 😏😆
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh I know precious metals, First time I started looking at it was when I read a book from Mike Maloney called Gold&Silver where explains a lot of things from its history, present and even how he thinks the economics will develop.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like silver because it is cheap enough for me to buy a bar each week. I think is has room for tremendous growth.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I prefer gold because of the high VAT on silver in the EU.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Also it is much easier to store if you have more of it 😁
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin is the Best invest. :=)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Both? 😀
What about the VAT? Gold is not taxed while silver is...
Posted using Partiko Android
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Gold
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 44.58% Upvote and Resteem from @ebargains, as well as upvotes from our curation trail followers!
If you are looking to earn a passive no hassle return on your Steem Power, delegate your SP to @ebargains by clicking on one of the ready to delegate links:
50SP | 100SP | 250SP | 500SP | 1000SP | 5000SP | Custom Amount
You will earn 90% of the voting service's earnings based on your delegated SP's prorated share of the service's SP pool daily! That is up to 38.5% APR! You can also undelegate at anytime.
We are also a very profitable curation trail leader on https://steemauto.com/. Follow @ebargains today and earn more on curation rewards!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Resteemed to over 19400 followers and 100% upvoted. Thank you for using my service!
Send 0.200 Steem or 0.200 Steem Dollars and the URL in the memo to use the bot.
Read here how the bot from Berlin works.
#resteembot #bestofresteembot #winwithresteembot #resteembotvip
Become one of our VIPs for 1 month free resteems and upvotes.
Byteball is doing a airdrop on Steemit, where you can get 10 $ - 160 $ for free. More infos here.
@resteem.bot
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit