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Will gold outperform silver over the summer?

PostPosted: Fri May 20, 2011 1:58 pm
by Pennysaved
Seems like gold has been hanging in there better than silver since the peak.

Do you think that gold will outperform silver over the summer?

Re: Will gold outperform silver over the summer?

PostPosted: Fri May 20, 2011 2:16 pm
by Country
YES... It's GOLD's turn to outperform. SILVER will follow GOLD's lead once again.

Re: Will gold outperform silver over the summer?

PostPosted: Fri May 20, 2011 3:33 pm
by Know Common Cents
It's gold's turn for the next couple of months. While gold is above $1500/oz again, it'll still be a slow climb up to the next $100 increment. Many silver investors are now disenchanted with the white metal. A couple of my neighbors are actually irritated at me that I even suggested it as an investment opportunity since the big drop. They say that since it dropped so much, that'll continue and they could easily lose an easy 30% of their investment even at these levels. I reminded them there are no guarantees on anything, but it has intrinsic value. Not good enough for them.

They each have bought gold. Gold has an advantage with it's portability factor. Average Joe or Josephine Sixpack could easily carry $100k in 1 oz gold American Eagles. An equivalent amount in silver would take as my Dad used to say "two men and a boy" to carry it all. 2500 silver Eagles would indeed have some heft.

Re: Will gold outperform silver over the summer?

PostPosted: Fri May 20, 2011 4:11 pm
by Tourney64
Both will outperform the US dollar. When will Obama pull another play out of the FDR socialist playbook and outlaw the ownership of gold? The FDR playbook worked so well back then.