Gold or Silver which is better for long term investment
 

Looking at buying some to put away what would be a better long term investment

The way the pucken Aussie dollar is at the moment it sounds like a good idea.




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To me they look to be about the same. If you invested $10K in either back in 2008 your gold would be worth about $26K today while your silver would be worth about $25K. Had you sold when they were both at their peeks about a year or so ago you might have made a few more dollars with silver.

Of course it all depends on how you buy it and sell it as well. If you are buying coins you might be able to make a little more with silver because you can always get a few more dollars each for those on ebay.

Cu......

Gold, the dollar will be weak for years to come.

Silver for everyday use.
Gold would be used to buy big items like a car, house.
Above 15K buy Gold
Under 15K Buy Silver

Been dealing in both for decades and BELIEVE ME --- SILVER IS YOUR BEST LONG TERM BET FOR PROFITS RIGHT NOW --- yeahhhhhh

Silver is exciting and has enormous growth potential. However, if you're going to hold them long term, buy both. Won't lose either way. As the fiat currencies around the world lose value or go bust, you'll be glad you got some.

for long term, i say AU.

It seems like there is a lot of fake around and german silver looks all fake

Also where would be the best place to buy American eagle and Canadian maple

try this place
https://online.kitco.com/bullion/com...USD.html#promo

Don't buy silver or gold coins, just don't. I don't understand why people do it in the USA but here there is absolutely no value in doing so in Australia, in fact you could lose as some coins are worth less at dealers than the melt value.

Buy gold and silver investment ingots or bars from a reputable licensed Australian metals source such as Perth Mint or Australian Bullion Company.

Buy Gold or Silver mining stocks. It is more liquid or look for a natural resource play. A mining company or oil stock. Being Au you have a couple of nice mining companies there though I can not remember their name.
Long term though I think a company that specializes in investing in farm land would be best.

Silver is a waste metal

been buying GOLD since 2010 via an online BROKER and doing profit each month...

silver is more volatile and can burn your account.

You need to know the tricks and secrets to trade FOREX and XAUUSD or any other currency/commodity and be profitable... otherwise it would be a casino and gambling for you...

Thanks when was looking at the price of coins compared to ingots its a Hugh price difference
I got my Perth mint approved today and will plan a trip to do a tour first

I don't think i would invest in the stock market i would only buy physical gold/silver the perth mint offers a storage service.

Perth Mint is backed and owned by the Government, it's the safest way to buy metals.

You have to be really careful with coins and such, even from the mints. They are subject to other variables other than the metal price. Unless you know precisely what you're doing (I'd be getting proper advice from a licensed financial planner) then you should stick to investment grade ingots and bars.

Im not going to buy coins and i am fairly sure it will be the silver ingots from the Perth mint i just have to find out the terms of the deposit service

I'd buy a mix of gold and silver, hedge one against the other.

Ok, only problem when buying physical GOLD is that the SPREAD is massive...

but anyways, GOLD is good investment, even with a massive SPREAD, because its a matter of time before it hits 2000 per ounce.

:2 cents:

I'd look into buying junk silver...

the good thing about coins is that they are legal tender.
so when you want to leave the usa (or return) you can bring them in and leave at the face value of the coin which is usually much less than the value of the metal.

you can move a lot of money as government coinage. ingots on the other hand are worth what they are worth, and therefore can only move say 5 ounces of gold?

The only problem is people are selling scrap silver for more than what i can buy it from the mint