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Why Silver and NOT GOLD
In this video I talk about investing in silver over gold. A lot of the time when people are looking into investing in precious metals they invest in gold, but I want to make the case for investing in silver. If you are looking into investing in gold or silver then this is the video for you. Both gold and silver are monetary metals and have been used as money for thousands of years. Silver stacking or silver investing usually is better when the GSR for gold to silver ratio is high and right now it is very high. Gold investing is usually better when the gold silver ratio is low. In the video Doug Casey is quoted and he mentions that silver mining will slow down in an economic downturn. If silver mining slows down and demand for silver stays high then silver price could shoot up dramatically. Also because silver is typically more volatile than gold, silver would preform worse during a weak period making silver a more attractive buy currently. I personally purchase both silver and gold, but recently I have been leaning more towards silver. I think that when we look at silver vs gold in 2023 and beyond silver appears to be the clear winner... for now.
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#silver #gold #preciousmetals
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