Does silver have better chance than gold to rise in value precentage wise?

fivecents

It seems to me that silver at around $7 an ounce has a better chance to double in price to $14 than gold. Gold at around $400 would have to hit $800 to double. Any comments?

OKbustchaser

deleted because I am on pain meds and my answer was much more sarcastic than it needed to be.

Jim

fivecents

Don't worry, I was only using that as an example. I am not holding my breath about anything.

cladking

It's very difficult to envision any way that gold can get over about $1,500 per ounce
in 2005 dollars while it requires little imagination to see silver well over $100 per ounce.
A technological breakthrough in several areas could propel silver far higher. Even a sent-
iment change among traders could cause silver to soar because of its relative scarcity to
gold.

Of course we won't have 2005 dollars much longer and it seems a certainty that higher
inflation is in our future. Gold could easily vastly outperform silver for many years.

Time will tell.

paigowjohnny

Franky, I wouldn't invest in either metal unless I were going to be a trader...getting in and out quickly.

That being said....all things being equal, I don't think silver could outperform gold. Gold is and always has been seen as the primary precious metal investment vehicle, and as such would be more subject to the interest that would drive the price up. Silver, IMO, is pretty much seen as just another commodity..and it's price would be driven more by perceived shortages(nah), increased industrial demand (probably not), or another Hunt Brothers market cornering maneuver (???)

coinpage

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Yes, go silver