Should I buy gold or silver?
Hey guys, I’ve been a coin collector for years but lately I’ve been considering buying precious metals due to potential political instability & for the sense of security.
However I’m having trouble deciding on if I should buy gold or silver?
With gold I can store significant amounts of wealth in small spaces but with silver I’d need a lot of 1kg bars to store the same wealth and then the security issues regarding that.
But on the other hand Gold seems to be way overpriced right now compared to silver considering about a century ago the ratio of silver to gold was 20:1 but right now it’s close to 75:1.
I know everyone will have different opinions and there is no definitive answer but I’m just curious what you think and why you think it.