Gold versus Silver – which is a better Investment?

First thing I want to say is that I don’t give financial advice whatsoever so what you’re reading here is only my opinion. Personally I’m not a big fan of gold at the moment in fact I think Gold is overpriced. Our current world is based on consumption as it stands now Gold is a hoarded metal which means when it’s dug up out of the ground it’s put inside a safe where it sits there and collects dust just waiting for an economic collapse. Silver on the other hand as it stands now is metal that is being consumed. In the coming years the demand for silver will increase, another thing to keep aware of is that some people use silver as a hedge against inflation which is what most people use gold for.

Jesus sold for 30 pieces of silver

Jesus was not sold for 30 pieces of Gold he was sold for 30 pieces of silver. Do you know why? It’s because the average person on the streets back then Rome did use gold, only the rich had access to gold. Silver is more liquid and easier to spend. Unlike paper money, in the world of Gold and silver there is no such thing as Inflation there’s only deflation. If inflation occurs in the silver and gold markets deflation is sure to follow, the great depression reminded the world of that. Prices can’t go up in the Gold and silver markets, if they do the economics of that country are definitively on the decline.

If a country wishes to survive it must control its money supply

The real reason we don’t use gold and silver or the real reason our money is not backed by gold and silver is because the key to a country surviving is its ability to control its money supply. If gold and silver backed our paper money then gold and silver would control the money supply. Money backed by silver and gold means the rich, the powerful and the elites will control EVERYTHING, with little to no hope of anything changing. An argument could be made that this is what’s occurring anyway but if silver and gold controlled the money supply the situation could be much worse.

Final thoughts on Gold versus Silver

Again in my personal opinion right now Gold is overpriced, Oil is the new gold because without Oil the developed world might cease to exist. Gold in this new world does little to nothing, it just sits there and collects dust maybe in the near future gold might be worth more based on what it does but as it stands now in my opinion it’s an overpriced over hyped precious metal. If the paper or fiat monetary system crashes those who already have the gold and silver will be Richer in reality that’s what this is all about so try not to get to caught up in the hoopla.

Silver on the other hand is a consumed precious metal. If you’re like me a betting on the survival of mankind silver is the way to go. There really is nowhere for silver to go but up silver is being consumed daily and even if we return to silver and gold based currency silver will still be in higher demand than Gold because it’s allot easier to spend silver than it is gold. Having Gold is like walking around with $100 bills. So if you were to buy a loaf of bread the store owner might not be able to make change for Gold. Another thing people might not tell you is bullion dealers might charge you to make change.

Silver and Gold Markets aren’t all what they’re cracked up to be

The gold and silver markets aren’t has happy as people want you to believe. Until Gold becomes a consumed precious metal in my opinion silver is the better investment. Again I would like to also point out that I don’t give investment advice and this entire post is only based on my personal belief and opinion.

Please leave your comments below.

If you liked this post consider reading my posts titled

How Much Silver Should I Own In Case of Emergency.

and

Fiat Currency vs. Gold Standard