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RE: Silver and Gold Bugs Hang onto your Butts!

in #steemsilvergold7 years ago

I do buy gold, just right now not as much as silver, I agree silver will never be higher than gold as it's production cost are so much higher per oz than silver. amongst other reasons, that will never change gold is no1.
Both are well undervalued IMO and I try to ride the small waves till the big one comes along. I'M not waiting for the big one to come, most of the silver I buy is not generic and may cost a little more premium wise but it's to capitalise on the numismatic value, not the spot value that's another play and many plays going on in my stack. give me consistent returns from my outlay and that's then all reinvested back into the stack. ..Profit is usually put into gold. Most of us have bought at higher prices than now be it gold or silver but most of stuff I have bought I can sell for more than i actually bought it for so what i do works for me might not for you. Thats cool no right or wrong way as long as you know the risks and in for long term.