Question: Difference on YA in gold and silver sentiment? | Gold ...

Question: Difference on YA in gold and silver sentiment?

Recently on YA there seems to be a divergence between silver and gold sentiments. Ask whether investing in gold is a good idea and most of the answers are ?eh, probably not?. Ask whether investing in silver is a good idea and you get ?YES!? followed by lots of reasons for investing in GOLD like the dollar is going to collapse and GOLD has always been money.

Anybody have any insight into this?

goldsenze.com Answer:

The only thing that makes sense to me why someone would prefer silver over gold but then extoll the virtues of buying gold, is that they can?t afford to buy much gold but they can afford silver. Buying a 1/10 ounce common date gold Eagle at current prices and markup is going to set you back $ 180 or so. For the same money, you can have 5 ounces of silver Eagle bullion coins, or, if you know where to buy, 6 ounces of pure silver in the form of ?junk? 90% silver coins. I can?t say which is better to buy now, silver or gold, but the sentiment seems to be psychological ? they?d rather have something they can have more of.

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